ForexTB
fx global markets
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while fx global markets was established in 2017 and is based in United States. Both brokers are regulated by Cyprus Securities and Exchange Commission (CySEC), among other authorities. ForexTB serves 5,000+ clients worldwide; fx global markets has 10,000+. Both brokers share the same minimum deposit of $250.
| Feature | ForexTB | fx global markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 |
| Founded | 2015 | 2017 |
| Country | Cyprus | United States |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ForexTB and fx global markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. fx global markets charges withdrawal fees while ForexTB does not, giving ForexTB an edge for frequent withdrawers. fx global markets charges deposit fees; ForexTB does not. Overall, ForexTB scores higher on fees in our assessment.
| Feature | ForexTB | fx global markets |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
ForexTB offers MT4, MT5, cTrader, while fx global markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fx global markets supports social and copy trading features, which ForexTB does not offer. The two brokers are closely matched on platform offering.
| Feature | ForexTB | fx global markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ForexTB and fx global markets 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. fx global markets scores higher overall in education and research.
| Feature | ForexTB | fx global markets |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
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 fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | ForexTB | fx global markets |
|---|---|---|
| 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 fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. ForexTB supports 2 languages and fx global markets supports 8, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | ForexTB | fx global markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |