ForexTB
the share centre
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while the share centre was established in 2019 and is based in Bulgaria. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while the share centre is regulated by Financial Conduct Authority (FCA) among others. ForexTB serves 5,000+ clients worldwide; the share centre has 60,000+. Both brokers share the same minimum deposit of $250.
| Feature | ForexTB | the share centre |
|---|---|---|
| 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-F322 |
| Founded | 2015 | 2019 |
| Country | Cyprus | Bulgaria |
| Clients | 5,000+ | 60,000+ |
Fees
Fees are a critical factor when choosing between ForexTB and the share centre, directly affecting your bottom line as a trader. Both require a minimum deposit of $250. the share centre charges withdrawal fees while ForexTB does not, giving ForexTB an edge for frequent withdrawers. the share centre applies inactivity fees on dormant accounts; ForexTB does not. the share centre charges deposit fees; ForexTB does not. Overall, ForexTB scores higher on fees in our assessment.
| Feature | ForexTB | the share centre |
|---|---|---|
| Min. Deposit | $250 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
ForexTB offers MT4, MT5, cTrader, while the share centre supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. the share centre supports social and copy trading features, which ForexTB does not offer. The two brokers are closely matched on platform offering.
| Feature | ForexTB | the share centre |
|---|---|---|
| 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 the share centre compare. ForexTB runs regular live webinars; the share centre does not. Both provide video tutorials. ForexTB publishes daily market commentary; the share centre 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 | the share centre |
|---|---|---|
| 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 the share centre supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). the share centre uniquely supports PayPal and Skrill and Neteller among the two brokers. the share centre scores higher on deposit and withdrawal flexibility.
| Feature | ForexTB | the share centre |
|---|---|---|
| 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 the share centre offer live chat support. Both provide phone support. Email support is available at both brokers. ForexTB supports 2 languages and the share centre supports 8, giving the share centre broader global reach. Both brokers are comparable on support quality.
| Feature | ForexTB | the share centre |
|---|---|---|
| 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 |