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50 customer reviews of forextb.com

Very competitive trading tools in the company
I want to mention a very convenient trading platform at ForexTB. It is designed specifically for the comfort of traders. By the way, you can try this platform even without registering with the broker. It is enough just to open the Trade Tab.
WebTrader from ForexTB is much easier to use than the same MT4. I also like that it does not need to be downloaded and installed on my device.
And my favorite part is the technical and fundamental analysis tools at the broker. Usually, the maximum you can find on the broker's site is the Economic Calendar. But ForexTB has an exceptional service to collect news on popular assets. It is based on artificial intelligence. And it is a very convenient solution.
Also, the client receives a newsletter with analytics from ForexTB. ForexTB are based on a combination of expert research and algorithms. Thanks to this, in my opinion, the results are more accurate. In any case, I successfully use these analytics in my trading.

One of the world-best brokers
Yeah, I really think so, even despite I've traded with 4 other brokers and have 5 years of experience in trading industry.
First of all, it all starts with legal info and regulations. Brokerage is regulated and, therefore, you can always be sure that your funds are safe. Moreover, in case sth went wrong - you're always free to contact CySEC in order to resolve the problem.
Secondly, the list of assets is also nice, so you can master your portfolio as you need. If you're in the beginning of trader's career, you may think that's insagnificant, but with the time you would understand the importance of diversification.
And the last point - brokerage support is always responsive, so you're very unlikely to stay with your issue alone.

Don't trust this platform. They just want all your money.
Don't trust this platform. The only thing ForexTB want is to steal the money from you. They promise everything to you, help and advice during all the process. That is bullshi**. The only thing they did is to get mad at me when i told them that I just wanted to deposit a small amount of money (250 euros, the minimum) on my account. A girl named Anxhela was supposed to be my advice assistant. I just spoke that first time with her, when she knew I didn't want to deposit more money she disappeared. Didn't answer to mails or phone. Defenetily she didn't help me at all.

Once I saw forex tb was absolute bullsh**, I decided to get my money back... and after more than one month, i'm still waiting. When you deposit your money you don't have to send any documents and your money is in their olatform in less than 30 seconds. But the surprise comes when you want to retire your money. They ask for a bunch of documents to verify you credit card. I've been sending this documents and they keep saying to me that they are not correct that I have to send them again. And like this more than 1 month long.

Don't trust them. They are not serious, they just want your money and don't give a sh** about you!

Analytics is the basis of work on the market...
Every trader, who spent at least a week on the market, will confirm that study of analytics is the basis of competent trading and this is what will help to understand cause-and-effect relations in the market.
And as a rule, to keep abreast of events you have to gather information in parts on different thematic websites, which takes some time and causes some inconveniences.
And ForexTB made sure that you could concentrate more on trading and find out everything that matters right now - reviews from leading analysts, daily market analysis, competent articles on fundamental analysis - all this is available here for free, and it is very popular...

Good for investing
I appreciate all the services that the broker provides, but personally I'm interested in investments only. Since last year I made a promise to invest at least 10% of the income in promising copanies. So that's what I do here, select an interesting asset and invest with no brackets attached. Some of the investments are moderate in risks - I buy some gold, diversify the currencies potfolio. Other investments are more risky, but very promising. I mean biotech companies and AI. So that's nice that the broker offers both regular assets and some rare stocks as well.

New approach
Sometimes one must change the background completely to get open for transformation. When I was in highschool I've seen how this method worked when I completely changed my image after transferring to another school. I hoped this would work with broker to.
I didn't treat trading seriously long enough and these gambling paterns of behaviour stuck to me. That wasn't good for my equity curve for sure. ForexTb was my second chance. I changed the approach to a systematic one and changed the broker and trading platform as well. I'm not sure what helped exactly (I hope that's my new approach to trading and the trading system that I apply now), but the broker itself deserves some words of gratitude from me too. ForexTB are professional, don't interfere in your trading, don't push for applying more risks, don't manipulate prices from what I see so far. I know that's more of what they don't do, but this is life - when you choose a brokerage, you must pay attention not only to what they offer, but also to what they WILL NOT do. Exeprienced traders will know what I mean.

OK spreads
I don't know why I see some reviews with complaints about 'wide spreads'. What? I'm checking in real time - EURGBP around 1.5 pips, that's tight enough. I think people that say that 'spreads are wide' were trading Stocks and switched to stocks-trading after trading Forex. Of course, stocks' spreads are wider, but 10-20 pips for stocks is okey number, that's not too bad!

Typicall brokerage
As on my own, that's some kind of a typicall brokerage. I don't think there are points you would be disappointed with, but also there are almost no unique everything like everywhere: WebTrader, MT4, mobile app. I don't mean that it's bad, brokerage is just a common one and that would be okey for 90% of traders.

Why did I choose ForexTB?
Honestly, my review may not seem logical to someone, in comparison of my assessment and review)) Therefore, I do not consider myself a professional trader or some critic. I am a simple user and lover of Forex trading.
Well, I've been trading for over five years. I tried the conditions of different brokers and even private traders (these are people who trade with your balance and bring you a specific income).
I prefer to chat with various traders on the forums and discuss strategies and patterns, indicators and charts... I feel like in a knitting club, ahaha))) Really, it's fascinating. Without deviating from the topic, I learned about ForexTB from one of my pen pals.
The brokerage company seemed interesting to me since it was not super-known or exciting in terms of trading conditions. This is an ordinary broker with an MT4 trading terminal and Webtrader. Also, the leverage reaches 1:500. This is an average indicator like all brokers.
Of course, I chose brokers only with regulation from CySEK, which is why ForexTB was included in this list. However, I started trading because of the excellent feedback from the service:)
In fact, I liked how warmly the support responded to me during the verification and how quickly ForexTB coped with the verification of documents.
I have been trading with ForexTB for over two years, and I am delighted to trust this broker.

Trusted broker
It impressed me from the very beginning that the company pays attention to all the regualtory reguirements of CySEC and FCA. As far as I understand UK regulator restricts the use of crypto assets and cryptotrading to its retail traders/investors, therefore companies have to imply thee restrictions to Uk customers dispite the fact that cryptos have been a great hype recently. Perhaps this is not that importnat as trading fees and offered platforms, but i'm just trying to draw your attention to reliability and regulations of forexTb. Of course there are other advantages, but you need to have a look at the website to find out all the details. This is not a complete review.

Yet another ForexTb review
I've read quite a few forextb reviews when planning to strat trading with the broker. ForexTB helped me said they scalp with forexTB. Learn more of the pros and cons that I had to consider before transfering the money here. Now, after a few months of trading I think I'm ready to provide my own review and let these 5 stars be a sign of my gratitude for a good job done with managing all my orders and transactions.
First of all, I remember some people said they scalp with this broker. Well. Depends on what you call scalping. For some people using a five min timeframe is a scalping. For others scalping is when the trade lasts less than a minute. IMHO, ForexTb is ok for daytrading, but not for scalping in this narrow sense when you trade VERY frequently. The reason is spreads. They will make all the true scalpers effors useless. Just like with any forex and CFD broker I guess. Scalpers should feel better on futures market, where commissions are minimal.
In an y case, the broker is doing the job perfectly well. During our good time together I didn't have a single reason to complain about executions or delays with withdrawals, which I appreciate a lot.

A lot of educational possibilities
Education is the way how brokerage can help the beginner traders to start trading and I'm sure that good brokerage invests in education and providing free analysis. While trading is almost the same in any brokerage, supporting services are the field where brokers can show how ForexTB take the clients. And this brokerage is good in this regard.

Regulated and with good executions
The essense of choosing a broker is to find the one that you can truly forget about. I know there is always a temptation to start blaming someone for financial losses on forex (yeah, we all've lost some money here. Haven't we?) but don't give yourself a single chance to find the one to blame and forget about the share of your own responsibility.
The broker must be regulated. WE can put a check mark here as forexTB is a CySEC regulated one. Your funds are safe.
Executions must be GOOD! That's the impornat one. At this point many trader fail as ForexTB don't have a chance to find out what their results would have looked like if all the orders were executed fine. No sllippages, no requotes. I can't say that here he executions are 100% accurate. When I backtes my new systems, I include a $5 "extra" expenses per lot to compensate for possible slippages. That covers the normal inaccuracy caused by real life executions according to my experience.
Withdrawals. I wouldn't like to have any surprises here. I don't with ForexTB and that sounds good enough for me.

Just regulated brokerage
Don't think i can say sth special. I like the brokerage, but it's a typicall CySEC regulated one, nothing uncommon. Requotes are quite rare, but spreads aren't the tighest ones. I don't know parameters by which traders are choosing brokers, but i've chosen this one by chance and i'm satisfied with it.

You can get the hang of it if you're willing.
I still think that every trader should have a good understanding of what is going on and try to understand the market, its peculiarities and mechanisms by himself.
And I think, in this company, you definitely have a chance to do that, all you have to do is to use all the opportunities.
What attractive to me besides some technical parameters is the fact that here ForexTB are educating traders. Yes, this might be some basic information, but for a beginner this all in simple words is exactly what you need to start trading from the very first days in the market and in a safe way.

Their execution is to my liking
I registered a Webtrader account with this company because I put much value on execution. It's crucial for good scalping. It's so good that it turned out that it's true. I mean execution. It's really fast here.
I should add a couple of words about Webtrader. This platform is very user-friendly. The broker allows to try it without registration, so it took me a couple of minutes to realize that I like it much better than Metatraders.

Two years of excellent service
I can't say that all these two years were extremely profitable for me. When I just started trading here, I was a total newbie in Forex trading and I did a lot of mistakes that I believe most of the new traders do. Averaging, scalping with no strategy, following some signals that I got for free from traders' chatrooms and youtube...
Yet, I've changed my approach completely last year. I read some books like "One Good Trade" and started developing a trend-following system that I currently both trade live but keep optimizing to get even better results.
During the last year I've withdrawn the money 3 times and each time I had absolutley no issues with my withdrawals, which I'm grateful for. I know its normal when the broker gives you your earned money fine, but you know, traders are often afraid of scam when ForexTB choose a broker, so that's the ony reason why I'm emphasizing the safety of withdrawls here.
I've never had a reason to be displeased with customer service as well. They are always online ready to help with any issues that might arise. Very nice environment for safe and fingers crossed profitable trading.

Not complicated but fruitfull education
I'm experienced trader, 14 years in trading overall, so I need trading only, so I wouldn't be interested in education at all. Though, my wife wants to trade to and I'm not a good teacher for sure. We are married for 2 years already. She wants to make money trading as I do, so I specifically checked a broker in this regard. ForexTB offers basic training, nothing extra complicated. The main point that I liked was that information is clearly divided, so you can only learn what you are interested in. IMO, that's exactly what beginners need.

I opened an account with this company
I occasionally discovered this broker when I was cycling through brokerage reviews online. Webtrader was the first thing that surprised me. I didn't expect that I would have a possibility to try this platform even without registering a demo account. So, you can go to the Trade section and click on any switch on the platform apply any indicator to the chart or try drawing anything. That would be enough to assess the functionality of this web platform. My impression of it is very positive. It's very user-friendly. Besides this I can't complain about its functionality.
Execution is another good thing in this broker. Of course, I learned about this once I decided to open a real trading account under a good impression of Webtrader. So, I would like to continue trading with this broker.

Took time to understand
I kept thinking I made a mistake that I started my trading career with this brokerage. About a month ago I decided I was sick and tired of all these spreads that were eating up to 50% of my profits.
Dang, I was mistaken to try another broker, that's for sure.
Spreads were way better. Twice as low probably. Yet, after I had a few slippages there that nearly drained my test deposit, I decided that was a good lesson.
Brokers probably dn't charge spreads for nothing. If that's the only mean to make money for them - hey will be rather painful for traders. On the other hand, you can be sure this is the ONLY mean for a brokerage to make money. Whicih if a comforting feeling, isn't it?
In any case, I just wanted to let you guys know that for mid to long-term trading the broker suits nicely. I'm not sure about scalpers, I guess ForexTB need to trade futures or something...

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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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