Broker Review · last checked 2026-07-02
ForexTB Review 2026
ForexTB appears to be an active CFD and forex brand operated by Forex TB Limited in the EU, with a CySEC licence reference on its own site. This review focuses on what can be verified publicly, what remains unclear, and the checks readers should make 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 has a public regulation page stating that its EU website is operated by Forex TB Limited, a Cyprus Investment Firm authorised and regulated by CySEC under licence number 272/15. The same page says the firm does not accept US residents as clients and gives a regional restriction for the EEA (excluding Belgium) and Switzerland. Because the broker’s own site is the clearest primary source here, this review treats ForexTB as a regulated EU CFD/forex provider, but not as a universally available broker and not as a low-risk one.
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
| Item | What the public record shows | Why it matters |
|---|---|---|
| Brand | ForexTB | Identifies the broker name used by the website and marketing materials. |
| Legal entity | Forex TB Limited | You should match this name to the account-opening documents and website footer. |
| Regulator | CySEC | Primary regulatory reference on the broker’s own regulations page. |
| Licence number | 272/15 | Important for matching the entity to the regulator register. |
| Public country restriction | EEA excluding Belgium and Switzerland; US residents not accepted | Availability affects whether you can legally open an account. |
| Regulatory Warning Found In Reviewed Sources | No current official warning located in the sources reviewed | Absence Of A Warning Is Not Proof Of Safety. |
This table is based on the broker’s own public regulation page and a regulator warning-list search. Always verify the live legal entity before depositing.
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
If you are researching ForexTB, the most important public points are straightforward: the broker says it is run by Forex TB Limited, it lists CySEC authorisation under licence 272/15, and it warns that CFD trading carries substantial risk. The page also states that US residents are not accepted. Public review aggregators do not override regulation records, but they can help you sense user sentiment; treat them as supplementary context only.
Entity and regulation
ForexTB’s own regulation page is the key source for entity status. It identifies the operator as Forex TB Limited and says the brand is authorised and regulated by CySEC under CIF licence 272/15. It also states that the service is offered within the EEA, excluding Belgium, and Switzerland, and that US residents are not accepted as clients. Readers should still verify any account-opening restriction directly at signup, because country restrictions can change over time.
Safety and regulation
From a due-diligence perspective, ForexTB’s main safety question is not whether it has a regulator mention on its site, but whether the exact legal entity, licence, and client protections match the account you are opening. The broker’s public material points to CySEC oversight, but that is only one part of the review: you should also check the client agreement, execution policy, withdrawal policy, and whether the website you are using is the same legal entity named in the regulatory disclosure. We did not find a current official regulator warning against the broker in the sources reviewed, but absence of a warning is not the same as an endorsement.
Fees, account and platforms
The public sources reviewed confirm ForexTB offers CFD/forex services, but they do not give us a complete, current, documented schedule for spreads, commissions, account tiers, or a minimum deposit in the materials gathered here. Rather than guessing, this review treats those points as items to confirm on the live account-opening flow or in the broker’s current legal documents. That is especially important for CFDs, where trading costs can be shaped by spread, overnight financing, inactivity terms, and product type.
Deposits and withdrawals
The sources reviewed do not provide a verified, current list of deposit and withdrawal methods for ForexTB. Because payment options can vary by country, entity, and account status, readers should check the live client portal and the broker’s current funding policy before depositing. For research purposes, the main question is not just whether a method is listed, but how withdrawals are handled, whether refunds are sent back to the original funding source, and whether any fees or processing times are disclosed clearly.
Country availability caveat
ForexTB’s own regulations page says the service is offered in the EEA, excluding Belgium, and Switzerland, and that US residents are not accepted. That does not automatically mean every reader in those regions will be eligible for the same entity or account type, so availability should be confirmed at registration.
Alternatives
If you want a well-documented, broadly reviewed broker comparison point, consider checking other regulated brokers with clearer public funding, fee, and platform disclosures. Good alternatives to research alongside ForexTB include FCA- or ASIC-regulated brokers, depending on your country. The best comparison is one that matches your location, product needs, and preferred platform before you deposit.
What to verify before opening an account
Before signing up with ForexTB, confirm the exact legal entity, the regulator and licence number on the live site, your country eligibility, the platform offered to your account, the funding and withdrawal policy, and any product-specific risk warnings. Those checks matter more than marketing claims or generic star ratings.
Common questions
Is ForexTB safe?
ForexTB has a public CySEC regulation claim on its own website, which is a positive signal, but safety cannot be concluded from one claim alone. You should verify the legal entity, licence number, funding policy, withdrawal terms and country eligibility before depositing.
Is ForexTB regulated?
The broker’s regulations page says Forex TB Limited is authorised and regulated by CySEC under licence number 272/15. That is the broker’s own statement, and it should be cross-checked against the regulator register when you are making a deposit decision.
What is the ForexTB minimum deposit?
We did not find a current, documented minimum deposit in the materials reviewed for this page. Check the live onboarding flow and the current account terms rather than relying on older reviews.
Which platforms does ForexTB offer?
The sources reviewed confirm ForexTB provides forex and CFD services, but they do not give a complete current platform list we can verify here. Confirm the platform options directly on the live site before signing up.
Does ForexTB accept US clients?
No. The broker’s regulation page says ForexTB does not accept US residents as clients.
What countries can open a ForexTB account?
The broker states that it offers services within the EEA excluding Belgium and Switzerland. Eligibility can still depend on your specific residence and the entity shown during registration.
Are third-party trust scores enough to judge ForexTB?
No. External trust scores can help with sentiment context, but they are not proof of regulation or client protection. Always prioritise official legal and regulatory documents.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.