ForexTB
mayzus
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while mayzus was established in 2020 and is based in Dubai. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while mayzus is regulated by Financial Conduct Authority (FCA) among others. ForexTB serves 5,000+ clients worldwide; mayzus has 150,000+. Both brokers share the same minimum deposit of $250.
| Feature | ForexTB | mayzus |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 | 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-F275 |
| Founded | 2015 | 2020 |
| Country | Cyprus | Dubai |
| Clients | 5,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between ForexTB and mayzus, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. mayzus charges withdrawal fees while ForexTB does not, giving ForexTB an edge for frequent withdrawers. mayzus charges deposit fees; ForexTB does not. Overall, ForexTB scores higher on fees in our assessment.
| Feature | ForexTB | mayzus |
|---|---|---|
| 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 mayzus supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. mayzus supports social and copy trading features, which ForexTB does not offer. The two brokers are closely matched on platform offering.
| Feature | ForexTB | mayzus |
|---|---|---|
| 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 mayzus 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. mayzus scores higher overall in education and research.
| Feature | ForexTB | mayzus |
|---|---|---|
| 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 mayzus supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). mayzus uniquely supports PayPal and Skrill and Neteller among the two brokers. mayzus scores higher on deposit and withdrawal flexibility.
| Feature | ForexTB | mayzus |
|---|---|---|
| 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 mayzus offer live chat support. Both provide phone support. Email support is available at both brokers. ForexTB supports 2 languages and mayzus supports 8, giving mayzus broader global reach. Both brokers are comparable on support quality.
| Feature | ForexTB | mayzus |
|---|---|---|
| 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 |