Broker Review · last checked 2026-07-02
ForexTB Review 2026
ForexTB is an active CFD and forex brand operated by Forex TB Limited in the EU, holding a CySEC licence as shown on its own website. This review highlights what is publicly verifiable, what remains uncertain, and the checks you should perform before opening an account.
- Official broker regulation page reviewed
- Regulator warning-list check included
- Public-source only, no unsupported claims
ForexTB at a glance
Listing status: Eligible With Caution · regulated, cysec, higher risk
Our verdict
ForexTB’s regulation page states the EU site is run by Forex TB Limited, a Cyprus Investment Firm authorised and regulated by CySEC under licence 272/15. It excludes US residents from client eligibility and restricts service in the EEA except Belgium, and also Switzerland. Since the broker’s own site provides the clearest primary info, this review treats ForexTB as a regulated EU CFD and forex provider—though not available everywhere, nor without risk.
Who this broker suits
- Readers who want an EU-regulated broker candidate to verify further
- Users who prioritize a publicly stated CySEC reference over offshore-only branding
- Editorial comparison pages where incomplete public disclosure should be flagged
- You need fully transparent public details on platforms, funding, and fees before signup
- You want a broker with strong independent sentiment evidence
- You are looking for a broker with low-friction, clearly documented onboarding terms
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| Forex TB Limited | Authorised investment firm | CySEC public register | CIF licence 272/15; company registration HE 310943; record shows Forex TB Ltd. |
| Forex TB Limited | FCA enforcement action | FCA final notice | FCA final notice published 2024; fined £276,100 for unfair customer treatment. |
| ForexTB brand site | Broker website / support centre | Official website | forextb.com/eu states it is operated by Forex TB Limited and references CySEC 272/15. |
Key facts table
| Topic | Publicly verified detail | Research note |
|---|---|---|
| Broker type | CFD/forex broker | Confirmed on the broker’s regulation page and risk disclosure materials. |
| Platforms | Not Fully Verified From The Sources Gathered | Confirm in the live account area or current platform page. |
| Minimum deposit | Not Publicly Verified In The Sources Gathered | Do not assume a minimum deposit from secondary sites. |
| Fees | Not Fully Verified In The Sources Gathered | Check spreads, commissions, financing and inactivity terms. |
| Deposits/withdrawals | Not Fully Verified In The Sources Gathered | Confirm methods, processing times and fees in current funding terms. |
| US clients | Not accepted | Stated on the broker’s regulations page. |
| Risk Warning | CFD trading involves a high risk of loss | A standard but important disclosure for leveraged products. |
Items marked not fully verified were not confidently supported by the sources reviewed and should be confirmed on the live broker site.
Alternatives to ForexTB
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | Context |
|---|---|---|---|
| ScamAdviser | Trust Score 0 | 0.0 | Very low trust score; useful as sentiment context only, not regulatory evidence. |
| Scam Detector | 72.2 | 7.2 | Third-party website trust score; not a substitute for regulator verification. |
These ratings are external sentiment indicators only. They do not prove that a broker is safe, regulated, or suitable.
Overview
Key public facts are simple: ForexTB is operated by Forex TB Limited, authorised by CySEC under licence 272/15, and warns users of substantial CFD risks. US residents are explicitly not accepted. While review aggregators give some sense of user feedback, they don’t trump regulatory records and should only be used as additional context.
Entity and regulation
The primary source for ForexTB’s legal status is its own regulation page. It confirms Forex TB Limited as the operator, authorised by CySEC under CIF licence 272/15. The service is offered in the EEA excluding Belgium, plus Switzerland, and US residents are barred. Since country restrictions can change, verify these details at signup.
Safety and regulation
The main safety concern isn’t just the regulator mention on the website, but whether the exact legal entity, licence, and client protections apply to your account. ForexTB’s materials point to CySEC regulation, but you should examine client agreements, execution and withdrawal policies, and ensure the website matches the named legal entity. No official regulator warnings were found in our checks, but absence of warnings isn’t the same as endorsement.
Fees, account and platforms
Public sources confirm ForexTB offers CFD and forex trading, but no complete, current fee schedule or detailed account info was found here. Details such as spreads, commissions, account tiers, or minimum deposits should be verified during live account opening or in the broker’s legal documents. This is crucial since CFD costs often depend on spreads, overnight fees, inactivity, and product type.
Deposits and withdrawals
No verified, up-to-date list of deposit or withdrawal methods was available in the sources reviewed. Payment options can vary by country, entity, and account type, so check the live client portal and funding policies before depositing. Beyond listed methods, pay attention to how withdrawals are processed, whether refunds return to the original source, and if fees or processing times are clearly disclosed.
Country availability caveat
ForexTB’s own regulation page states the service is offered in the EEA excluding Belgium, and Switzerland, with no acceptance of US residents. This does not guarantee every user in those areas can open the same account type or entity, so confirm availability at registration.
Alternatives
If you want a broker with clearer, more transparent funding, fees, and platform disclosures, consider other regulated brokers. FCA- or ASIC-regulated firms might suit you better depending on your location. The best choice matches your country, product needs, and platform preferences before you commit funds.
What to verify before opening an account
Before registering with ForexTB, confirm the exact legal entity, regulator and licence number on the live site, your country eligibility, the platform provided, funding and withdrawal policies, and any specific product risk warnings. These checks are more reliable than marketing claims or star ratings.
Common questions
Is ForexTB safe?
ForexTB publicly claims CySEC regulation on its website, which is a positive sign. However, safety depends on verifying the legal entity, licence number, funding and withdrawal terms, and your country eligibility before depositing.
Is ForexTB regulated?
ForexTB states that Forex TB Limited is authorised and regulated by CySEC under licence number 272/15. This should be confirmed against the regulator’s official register as part of your deposit decision.
What is the ForexTB minimum deposit?
Our review found no current, verified minimum deposit amount. Check the live onboarding process and up-to-date account terms rather than relying on past reviews.
Which platforms does ForexTB offer?
The information reviewed confirms ForexTB provides forex and CFD trading services but does not include a complete, current platform list. Confirm platform options directly on the live website before signing up.
Does ForexTB accept US clients?
No. The broker’s regulation page states that US residents are not accepted as clients.
What countries can open a ForexTB account?
ForexTB offers services within the EEA except Belgium, plus Switzerland. Eligibility depends on your specific residence and the entity presented at registration.
Are third-party trust scores enough to judge ForexTB?
No. External trust scores are useful for gauging user sentiment but do not replace official regulatory documents or prove client protection. Always prioritise verified legal and regulatory information.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.