ForexTB, or FXTB, is a straight-through processing broker based in Cyprus since 2015. Owned by ForexTB Limited and regulated by the Cyprus Securities and Exchange Commission, the broker accepts clients from 29 countries across the globe. It offers competitive spreads without any accompanying commissions for CFD traders, helping it stand out in a crowded field.
FXTB offers four types of accounts for users with a minimum required funding amount of €250 and no minimum threshold for withdrawing funds. Clients can fund accounts with a range of methods including credit cards, debit cards, wire transfers, Skrill, Neteller, Sofort, IDEAL, and Trustly, among others.
All client funds are stored in segregated accounts and are fully insured to give traders extra assurances surrounding the safety of funds. Furthermore, the broker is a member of the Investor Compensation Fund, adding a layer of protection. To ensure clients are prepared to enter the market and make sound decisions, the platform also provides trading support in the form of alerts and charts along with extensive customer service for users.