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ForexTB

5-10 years Regulated

ForexTB forex broker has a safety rating of 3.40. Upon verification, it is regulated by CYSEC, making it a safe choice.

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Cyprus flag CYSECRegulated CyprusDerivatives Trading License (STP)

The regulatory license is the strongest proof.

Cyprus flag
CYSECDerivatives Trading License (STP)

Cyprus Securities and Exchange Commission

No.13991715
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Cyprus Securities and Exchange Commission
Derivatives Trading License (STP)
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  • Regulatory Status
    Regulated
  • ⁤License No.‌‌‌⁣
    272/15
  • ‌‌⁣⁤Regulatory Jurisdiction⁤⁣⁤
    Cyprus Cyprus
  • Effective Date
    2015-04-07
  • Licensed
    FOREX TB Ltd
  • ‌‌⁣⁣‌‌⁣⁣⁤Institution Website⁤⁣⁣⁣⁤⁤⁤⁣⁣⁣⁤⁤
    www.forextb.com www.patronfx.com
  • Licensed Entity Address:⁤
    138 Limassol Avenue, 2nd Floor, Office 108, 2015 Strovolos, Nicosia, Cyprus
  • Licensed Entity Phone:⁤⁣
    +357 22 266 707
11 name

Is ForexTB safe and legit？ Full review

ForexTB is a broker regulated by the Cyprus Securities and Exchange Commission. It offers multiple account types with varying entry thresholds and leverage. Customer service can be reached by phone and email. The broker has a limited influence profile.

Basic Information

Project Content
Broker Name ForexTB
Registered Region Cyprus
Year of Establishment 2015
Official Website https://www.forextb.com/eu/
Company Name (Cyprus) FOREX TB Ltd
Customer Service Email info@forextb.com
Customer Service Hotline +357 2 222 2353

Regulatory Compliance and Security

ForexTB is regulated by the Cyprus Securities and Exchange Commission. The regulator status is Regulated, and the safety level is Level 1.

Regulatory Authority Abbreviation Regulated Company
Cyprus Securities and Exchange Commission CYSEC FOREX TB Ltd

There was one regulatory disclosure in 2022: a CYSEC Board decision dated June 30, 2022, involving a €270,000 settlement with Forex TB Ltd for possible violations of Cyprus investment services legislation.

Account Type

Account Name Minimum Deposit Maximum Leverage Major Spreads Hedging Scalping EA Trading
VIP €250,000 1:400 as low as EUR/USD1.6 GBP/USD2.0 USD/JPY1.9 ✅ ✅ ✅
PLATINUM €100,000 1:400 as low as EUR/USD2.1 GBP/USD2.5 USD/JPY2.4 ✅ ✅ ✅
GOLD €25,000 1:30 as low as EUR/USD2.7 GBP/USD3.1 USD/JPY3.0 ✅ ✅ ✅
BASIC €250 1:30 as low as EUR/USD3.0 GBP/USD3.4 USD/JPY3.3 ✅ ✅ ✅

Customer Service

ForexTB's customer service supports 2 languages and one service region, with English listed as an available language. The main service region is Cyprus. You can contact support by phone or email, though response times may be lengthy.

Contact Information Content
Telephone +357 2 222 2353
Email info@forextb.com

Influence

ForexTB has an overall influence rating of D. Its influence is mainly distributed in Italy, with an average influence index of 4.28.

ForexTB Similar Brokers Safe

Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.

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