ForexTB
ForexVox
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while ForexVox was established in 2019 and is based in UK. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while ForexVox is regulated by Financial Conduct Authority (FCA) in the United Kingdom among others. ForexTB serves 5,000+ clients worldwide; ForexVox has 10,000+. The minimum deposit is $250 at ForexTB and $0 at ForexVox.
| Feature | ForexTB | ForexVox |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 | Financial Conduct Authority (FCA) in the United Kingdom, FCA Register no: 586541, Financial Services Authority in Seychelles No: SD028 |
| Founded | 2015 | 2019 |
| Country | Cyprus | UK |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ForexTB and ForexVox, directly affecting your bottom line as a trader. ForexVox has a lower barrier to entry with a minimum deposit of $0 (vs $250 at ForexTB). ForexVox charges withdrawal fees while ForexTB does not, giving ForexTB an edge for frequent withdrawers. Overall, ForexVox scores higher on fees in our assessment.
| Feature | ForexTB | ForexVox |
|---|---|---|
| Min. Deposit | $250 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
ForexTB offers MT4, MT5, cTrader, while ForexVox supports MT4, MT5. Both brokers provide mobile trading apps for iOS and Android. ForexVox supports social and copy trading features, which ForexTB does not offer. ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexTB | ForexVox |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5 |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ForexTB and ForexVox compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. ForexTB integrates third-party research tools (Trading Central); ForexVox does not. ForexTB maintains an archive of past webinars for on-demand viewing. ForexVox scores higher overall in education and research.
| Feature | ForexTB | ForexVox |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ForexTB accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while ForexVox supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ForexVox uniquely supports PayPal and Skrill and Neteller among the two brokers. ForexVox scores higher on deposit and withdrawal flexibility.
| Feature | ForexTB | ForexVox |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexTB and ForexVox offer live chat support. Both provide phone support. Email support is available at both brokers. ForexTB supports 2 languages and ForexVox supports 4, giving ForexVox broader global reach. Both brokers are comparable on support quality.
| Feature | ForexTB | ForexVox |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Russian, Indonesian, Malaysian |