ForexTB
Oinvest
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while Oinvest was established in 2019 and is based in South Africa. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. ForexTB serves 5,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $250 at ForexTB and $200 at Oinvest.
| Feature | ForexTB | Oinvest |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 | Southern African Financial Sector Conduct Authority (FSCA) |
| Founded | 2015 | 2019 |
| Country | Cyprus | South Africa |
| Clients | 5,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ForexTB and Oinvest, directly affecting your bottom line as a trader. Oinvest has a lower barrier to entry with a minimum deposit of $200 (vs $250 at ForexTB). Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; ForexTB does not. Overall, Oinvest scores higher on fees in our assessment.
| Feature | ForexTB | Oinvest |
|---|---|---|
| Min. Deposit | $250 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
ForexTB offers MT4, MT5, cTrader, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Oinvest supports social and copy trading features, which ForexTB does not offer. ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexTB | Oinvest |
|---|---|---|
| MT4 | Yes | No |
| 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, iOS, MacBook, iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how ForexTB and Oinvest compare. ForexTB runs regular live webinars; Oinvest does not. Both provide video tutorials. ForexTB publishes daily market commentary; Oinvest 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 | ForexTB | Oinvest |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 Oinvest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | ForexTB | Oinvest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ForexTB and Oinvest offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | ForexTB | Oinvest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |