Forex Brokers

Forex TB

Forex TB Ltd is a Cyprus-based investment company regulated by the Cyprus Securities and Exchange Commission in 2015

Forex TB Ltd is a Cyprus-based investment company regulated by the Cyprus Securities and Exchange Commission in 2015 (Regulation No. 272/15).

Security Analysis

Forex TB is regulated by CySEC, a global first-level regulator, which means that investors' capital security and trading activities on the Forex TB platform can be protected to a certain extent. However, investors need to pay attention to whether their accounts are opened under the supervision of CySEC.

Financial Instruments

Forex TB provides investors with more than 50 pairs of foreign exchange currency pairs, indices, commodities and stock CFDs, as well as a large number of exchange-traded funds, with a wide range of assets.

Account & Leverage

Forex TB only provides investors with an STP account. The minimum deposit of this account is 1 USD, the minimum trading lot is 0.01 lot, and the maximum trading leverage is 1:100.

Spread & Fees

Commission-free trading is used on the Forex TB platform, and the spread on EURUSD is 1.1 pips, but there are many influential traders who can offer thinner spreads, such as EURUSD offered by FTXM The lowest spread is 0.7 pips.

Trading Platform

Forex TB supports the market leading MetaTrader4 (MT4) (available as a desktop version) as well as its internal xStation (available in web and mobile versions). xStation is a multifunctional software that is customizable and easy to use. The platform features one-click trading, the ability to trade directly from the chart, and is equipped with many technical analysis tools and advanced charting packages.

Deposits

The deposit and withdrawal methods provided by Forex TB are relatively limited, mainly including wire transfer and DotPay. Popular credit/debit cards, Skrill and NETELLER methods are not supported.

Pros &Cons

Forex TBThe main advantages are:

1. CySEC regulation;

2. Low minimum deposit requirements;

3. Commission-free transactions;

4. MT4 trading platform;

Forex TBThe main disadvantages are:

1. Limited deposit and withdrawal methods;

2. The leverage is more conservative;

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