ETX Capital
ForexTB
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Overview
ETX Capital was founded in 2002 and is headquartered in UK, while ForexTB was established in 2015 and is based in Cyprus. ETX Capital holds licences including Financial Conduct Authority (FCA), while ForexTB is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. ETX Capital serves 10,000+ clients worldwide; ForexTB has 5,000+. The minimum deposit is $100 at ETX Capital and $250 at ForexTB.
| Feature | ETX Capital | ForexTB |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Financial Conduct Authority (FCA) | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 |
| Founded | 2002 | 2015 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 5,000+ |
Fees
Fees are a critical factor when choosing between ETX Capital and ForexTB, directly affecting your bottom line as a trader. ETX Capital has a lower barrier to entry with a minimum deposit of $100 (vs $250 at ForexTB). Neither broker charges withdrawal fees. Overall, ETX Capital scores higher on fees in our assessment.
| Feature | ETX Capital | ForexTB |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ETX Capital 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 | ETX Capital | 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, Mac, Mirror Trader, Binary, 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 ETX Capital and ForexTB compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. ETX Capital scores higher overall in education and research.
| Feature | ETX Capital | ForexTB |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while ForexTB supports 2 (bank transfer, credit/debit card). ETX Capital uniquely supports Neteller among the two brokers. ETX Capital scores higher on deposit and withdrawal flexibility.
| Feature | ETX Capital | ForexTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | 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 ETX Capital and ForexTB offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital supports 7 languages and ForexTB supports 2, giving ETX Capital broader global reach. Both brokers are comparable on support quality.
| Feature | ETX Capital | ForexTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Spanish, German, Polish, Czech, Greek and Mandarin | English, and Chinese |