amarkets
ForexTB
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Overview
amarkets was founded in 2016 and is headquartered in United Kingdom, while ForexTB was established in 2015 and is based in Cyprus. amarkets holds licences including Financial Conduct Authority (FCA), while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. amarkets serves 1,000,000+ clients worldwide; ForexTB has 5,000+. Both brokers share the same minimum deposit of $250.
| Feature | amarkets | ForexTB |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F223 | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Founded | 2016 | 2015 |
| Country | United Kingdom | Cyprus |
| Clients | 1,000,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between amarkets and ForexTB, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. amarkets charges withdrawal fees while ForexTB does not, a notable advantage for frequent withdrawers. amarkets charges deposit fees; ForexTB does not. Overall, ForexTB scores higher on fees in our assessment.
| Feature | amarkets | ForexTB |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
amarkets offers MT4, MT5, cTrader, while ForexTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | amarkets | ForexTB |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how amarkets and ForexTB compare. ForexTB runs regular live webinars; amarkets does not. Both provide video tutorials. ForexTB publishes daily market commentary; amarkets does not. Both integrate third-party research tools. ForexTB maintains an archive of past webinars for on-demand viewing. ForexTB scores higher overall in education and research.
| Feature | amarkets | ForexTB |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. amarkets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while ForexTB supports 2 (bank transfer, credit/debit card). amarkets uniquely supports PayPal and Skrill and Neteller among the two brokers. amarkets scores higher on deposit and withdrawal flexibility.
| Feature | amarkets | ForexTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both amarkets and ForexTB offer live chat support. Both provide phone support. Email support is available at both brokers. amarkets supports 8 languages and ForexTB supports 2, giving amarkets broader global reach. Both brokers are comparable on support quality.
| Feature | amarkets | ForexTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |