50 customer reviews of forextb.com
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ForexTB Rating
Based on 50 reviews from ForexTB customers, company has accumulated an average rating of 4 stars, indicating that majority of customers are satisfied with its service.
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ForexTB
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Second. It has an excellent repuatation record on executions. No slippages, quality quotes - no surprizes.
Third. AMD, Netflix, Modena, Amazon, even russian Gazprom - these are all extremely volatile and therefore promising stocks that you can trade here as CFDs.
Enough? Yeah, I think that's good enough to pick this particluar broker. So far I only twice did the withdrawals and both times the funds arrived within the promised time limit. In particular, it took only few hours to complete the e-wallet withdrawals. Bank wire took 3 days to arive, which is not a fantastic result, but most importantly the funds are here, that's all that matters afterall.
I recently joined ForexTB and this broker helped me to shift from scalping to long-term trading. This broker's spreads are quite high for scalping, so I had to shift to long-term trading. I joined this broker because I trusted the recommendation of my pal. By that time, I greatly enriched my trading knowledge and was psychologically ready to try long-term trading once again. That's very good that I made another attempt. Now I trade major currencies and gold on h1, h4, and D. I trade them following these assets in channels. Scalping exhausted me. Here you can trade in a more relaxed way.
- CySEC regulation. It guarantees my funds are segregated and insured if I choose to keep trading with this broker.
- the quotes have shown to come from a reliable source. ForexTB don't dfiffer from the quotes that we can see in other open sources. No spikes, no major discrepancies with other quotes sources.
- excellent executions. No slippages, no delays.
- withdrawals are flawless. Bank wire withdrawal takes 2-3 days.
My personal experience with the broker shows that this is a reliable regulated company. I can also point out that managers here are really pleasant to deal with :)
But in ForexTB, the trader immediately realizes that he can earn in the company primarily through a long-term strategy and patient attitude to trading. I think this is the right approach.
I trade with ForexTB for about a year. There was another broker before, but I liked ForexTB and decided to change it. The trading conditions here suit me. Good trading platform and money is withdrawn to the mastercard very quickly. I didn't have that before.
I also like that this broker's website has a lot of interesting information to read. It's good that ForexTB helps its traders become professionals!)
As for the user experience itself - I guess I can't realy speak much of it as it al runs pretty smooth and I didn't really have a chance to contact support and see if ForexTB can deal with some complex issues (competent enough). My small reuqests to help with KYC process and questions about new account setup were answered quickly enough. This doesn't speak for some extraordinary support skills, but as I sead I dindn't have a chance to test the service in a more stressful circumstances with urgent or complicated issues (and I hope I won't have to LOL). SO far all is good to sum it all up.
Therefore, I recently started trading Forex. I thought that trading is somewhat similar to a casino, but I was very wrong))
ForexTB taught me how to trade and use MT4. But, to my surprise, here I could not only receive valuable and exciting information, but also earn money.
I didn't ran into any difficulties that experienced colleagues said I could run into. No troubles with execution my orders. Both market and limit orders get filed fine, no delays, no extreme slippages. I didn't withdraw any profits yet, as I still struggle to get some LOL. Will keep you posted ;)
1. CySEC regulation. Of course, there are many regulated brokers, but that doesn't mean that we shouldn't consider regulation as an advantage at all. Of course it's still here, at least you definitely shouldn't consider unregulated brokers. Never.
2. a large choice of stocks. It's true, I was surprised that the company is constantly working to expand the list of available stocks. Of course most traders only trade Forex, but if you're like me interested in trading stocks then I think this broker has a lot to offer.
3. there is an MT4. That is also true, but the broker doesn't offer Metatrader 5, which can be seen as a disadvantage. I certainly don't think so, but still I know many traders who trade with MT5. MT4 is enough for me, as for me it's the best trading platform with wide range of instruments, including EAs.
And in general people write very true ForexTB reviews, as you can see I agree with 3 main points.
Anyway, orders get executed instantly, no delays, spreads are ok if you ask my opinion, the broker is regulated. No much that I can see ForexTB can improve apart from. Yeah that would be nice if they could find the holy grail of profitable trading and share it with customers, muahaha.
Trading is organized with ECN, but I could be wrong. In any case, order execution is very fast, slippages are quite rare, I had about 20 slippages during a year of trading so I guess thats a good result.
But there is one thing I really like. If you prefer to invest not only in currencies but also in stocks, the broker offers one of the best offers on the market. You can check the full list of assets on their official website, but I will just say that it is more than other brokers I have traded with.
So I think it's a good broker, but without any significant features.
As for the spreads. I trade the EUR / USD often and here the spread starts from 3.2 pips. I will not say that these are low. But many brokers have these, and there is nothing terrible here..
This broker allows me to scalp conveniently due to fast execution. Besides this, I appreciate their Webtrader. I find its layout more intuitive than that one used in Metatrader.
I am fortunate to have MT4 here as I have not traded on other trading terminals. It is a convenient and famous platform for traders.
By the way, I really like that the broker allows you to use a variety of tools for accurate analysis and control of the market.
Since I have a five-year trading experience, I skipped demo trading because it can't tell me anything. I chose Metatrader 4 and opened a Basic retail account. By the way, leverage 1:30 absolutely suits me because it greatly decreases my risks. During the test period I expected something unpleasant such as loss of connection, frequent requotes, not to mention slippage. Fortunately, I didn't face any of that.
I tested the broker for two months. After that I successfully withdrew $200 to my Neteller account.
Sad that it took so much time to wait for this mobile app, as I know, Android app was introduced much earlier, but I assume that's because of App Store rules for developers. Anyway, now ForexTB mobile app is available for iOS and that's a good news for traders that need to control their trading with their phone.