FXTB, also known as ForexTB, is a European broker regulated by the Cyprus Securities and Exchange Commission (CySEC). It offers CFD trading on multiple asset classes including Forex, commodities, indices, and cryptocurrencies. The broker operates with a clear focus on providing transparent pricing, educational tools, and customer support designed to help traders make informed decisions. FXTB combines the security of European regulation with a modern trading environment suitable for global investors, including those in Asia seeking a regulated, beginner-friendly broker with personalized account structures.
Between 60 to 80% of retail CFD accounts lose money.
| Regulators | CySec |
|---|---|
| Minimum Deposit | $250 |
| Leverage | Between 1:10 and 1:400 | Payment Methods | Bank Transfer Visa Mastercard Wire |
At first glance, FXTB presents itself as a reliable and approachable broker, designed to serve both new and intermediate traders. Its website is simple, clean, and structured to highlight education and transparency rather than overly promotional claims. This balanced presentation aligns with CySEC’s regulatory standards, emphasizing responsible trading practices and investor protection.
One of the first things that stand out when exploring FXTB is the tiered account system, which allows traders to choose between different account types — Basic, Gold, Platinum, and VIP — depending on their capital and trading goals. This system helps tailor the experience for both entry-level and professional traders, offering varying spreads and benefits. It’s a structure that feels more personal compared to the “one-size-fits-all” models seen in many offshore brokers.
The onboarding experience is straightforward and intuitive. FXTB’s website clearly explains its trading conditions, regulatory information, and risk warnings. The broker avoids marketing gimmicks and instead focuses on clear communication about spreads, commissions, and account requirements. This transparency creates an immediate sense of professionalism, making FXTB feel trustworthy from the first interaction.
In summary, FXTB makes a solid first impression as a transparent, CySEC-regulated broker that values education and compliance over aggressive promotion. For Asian traders who prioritize security and clear trading terms, this focus on integrity and structure is a key advantage.
Regulation
- CySEC (Cyprus Securities and Exchange Commission – License No. 272/15)
FXTB operates under the supervision of CySEC, one of the most reputable regulatory authorities within the European Union. This ensures that the broker complies with strict financial standards, including capital adequacy, client fund segregation, and transparent reporting. Traders’ funds are kept in segregated accounts, separate from the company’s operational capital, which provides an additional layer of security.
Being regulated by CySEC also means that FXTB follows the European MiFID II framework (Markets in Financial Instruments Directive). This guarantees investor protection measures, fair dealing, and regular audits. For Asian traders, this is particularly important, as it signifies that the broker adheres to internationally recognized standards of transparency and governance.
CySEC regulation also makes FXTB eligible for the Investor Compensation Fund (ICF), which protects client funds up to €20,000 in the unlikely event of broker insolvency. While this scheme primarily covers European residents, it nonetheless reflects the broker’s commitment to maintaining a compliant and secure operational framework.
Overall, FXTB’s CySEC regulation ensures a structured, transparent, and trustworthy trading environment — a significant reassurance for Asian investors wary of unregulated offshore brokers.
Opening an Account — Our Experience
Opening an account with FXTB is quick and user-friendly, taking just a few minutes through the broker’s digital onboarding process. The account registration form requests standard personal information, including name, email, and country of residence. After completing the form, users gain access to their personal dashboard, where they can upload KYC documents for identity verification — a necessary step under CySEC’s anti-money-laundering guidelines.
The verification process is efficient, typically completed within one business day. During our testing, FXTB demonstrated clear communication through automated updates and email confirmations at each stage of the process. Traders are required to upload proof of identity (such as a passport) and proof of address (such as a utility bill or bank statement). Once verified, funding the account can be done via several methods including credit/debit cards, wire transfers, and e-wallets, depending on regional availability.
The client portal is designed for simplicity and functionality. It allows users to deposit or withdraw funds, access educational resources, and monitor trading activity. FXTB also includes risk warnings and margin calculators directly within the platform, reinforcing its focus on transparency and responsible trading practices.
In essence, FXTB’s account-opening process is one of the more efficient among CySEC-regulated brokers. The clarity of each step, combined with responsive customer support, makes the experience smooth and reassuring — particularly beneficial for first-time traders entering the CFD market.
Account Types
FXTB offers four main account types — Basic, Gold, Platinum, and VIP — designed to cater to different levels of experience and trading volume. The minimum deposit for a Basic account starts at €250, while the VIP account requires €250,000. The primary differences between accounts lie in spreads, educational support, and access to additional trading tools.
| Account Type | Minimum Deposit | EUR/USD Spread | USD/JPY Spread | GBP/USD Spread |
|---|---|---|---|---|
| Basic | €250 | 3.0 pips | 3.3 pips | 3.4 pips |
| Gold | €25,000 | 2.7 pips | 3.0 pips | 3.1 pips |
| Platinum | €100,000 | 2.1 pips | 2.4 pips | 2.5 pips |
| VIP | €250,000 | 1.6 pips | 1.9 pips | 2.0 pips |
Each account tier includes enhanced features such as dedicated account managers, premium educational content, and tighter spreads. Higher-tier accounts receive personalized assistance and exclusive access to advanced trading insights, designed to meet the expectations of experienced investors.
For Asian traders, this flexibility is particularly valuable. The account structure allows gradual scaling — traders can start small and upgrade as their confidence and capital grow. This modular approach supports progressive learning and disciplined growth, aligning with best practices for sustainable trading development.
Platforms
FXTB offers two main platforms for trading: the industry-standard MetaTrader 4 (MT4) and its proprietary WebTrader. Both platforms cater to different trader preferences while maintaining stability, speed, and functionality. MT4, a global favorite, is well-known for its advanced charting tools, algorithmic trading compatibility, and extensive customization options. FXTB’s MT4 offering includes access to over 30 indicators, one-click trading, and integration with Expert Advisors (EAs) for automated strategies.
For those preferring a browser-based solution, FXTB’s WebTrader is a robust alternative. It features real-time quotes, visual analytics, and an intuitive interface suitable for both beginners and professionals. WebTrader also synchronizes seamlessly with mobile versions, enabling traders to manage positions from anywhere — a key advantage for active traders in Asia who operate across time zones.
FXTB also prioritizes education and user support within its platform environment. Tutorials, video lessons, and market analyses are embedded into the trading interface, helping users learn as they trade. This blend of education and execution creates a more holistic trading experience that appeals to traders seeking long-term skill development.
Overall, FXTB’s platform offering successfully combines the technical robustness of MT4 with the accessibility of WebTrader, ensuring all trader types — from manual to algorithmic — find suitable tools for their style.
Assets
FXTB provides access to a broad range of CFDs covering Forex, commodities, indices, stocks, and cryptocurrencies. These instruments are available on both the MT4 and WebTrader platforms, allowing traders to diversify their strategies across global markets with ease.
Available Assets
Below you can see which assets are available for trading with FXTB:
| Asset | Availability |
|---|---|
| Currencies | 43 |
| Real Stocks | ✗ |
| Stock CFDs | ✓ |
| Commodities | ✓ |
| Indices | ✗ |
| Real ETFs | ✗ |
| ETFs CFDs | ✗ |
| Futures | ✗ |
| Options | ✗ |
| Bonds | ✗ |
| Cryptocurrency CFDs | ✓ |
| Real Cryptocurrencies | ✗ |
*Availability of certain assets may vary based on account type, platform, or region.
Instead of focusing on the number of assets, FXTB emphasizes variety and accessibility. The broker curates its instrument list to include popular and liquid markets, ensuring that execution remains stable even during volatile sessions. This approach aligns with the needs of Asian traders who often operate during cross-session periods, where liquidity can fluctuate.
The inclusion of cryptocurrencies among tradable assets gives FXTB a modern edge. While crypto CFDs carry inherent volatility, the broker’s risk warnings and educational materials help users understand their dynamics before engaging in such markets. This reinforces FXTB’s responsible trading philosophy.
Overall, FXTB’s asset offering reflects its goal of providing accessible, well-balanced exposure to global financial markets — ideal for traders looking to explore diversified portfolios while maintaining control and discipline.
Spreads
FXTB operates with floating spreads that vary depending on account type and market conditions. The broker’s spreads start from 1.6 pips on VIP accounts and 3.0 pips on Basic accounts, positioning it as a mid-range broker in terms of pricing.
Spreads Offered
Below a visual representation of FXTB's spreads across several currency pairs:
*Spreads are variable and may change based on market conditions, account types and trading volumes.
While not the tightest in the industry, FXTB’s spreads are consistent and transparent. There are no hidden commissions, and all costs are embedded within the spread itself. This makes it easier for traders — especially beginners — to calculate potential trading costs without dealing with complex fee structures.
The absence of commissions on all account types simplifies cost management. Traders only pay through the spread, allowing them to focus on market execution and risk control. This is particularly appealing for retail traders who prioritize simplicity over institutional pricing models.
For Asian traders, who often trade during overlapping sessions, the consistency of FXTB’s spreads provides predictability. It ensures that trading during the Tokyo-London or Singapore-London crossover remains stable and manageable without sudden cost spikes.
Other Trading Costs
Beyond spreads, FXTB maintains a clear and fair fee structure. Deposits are generally free, while withdrawals may incur small processing charges depending on the payment provider. These fees are fully disclosed on the broker’s website, reflecting its commitment to transparency.
An inactivity fee applies if an account remains dormant for an extended period. While this is a common practice across the industry, FXTB provides clear notifications before any charges occur. This allows traders to manage their accounts proactively.
Overnight financing, also known as swap fees, applies to CFD positions held overnight. The broker provides detailed swap rate information directly within the trading platform, allowing users to calculate costs before executing long-term trades. Islamic (swap-free) accounts are also available upon request, making FXTB suitable for Muslim traders in Asia.
In summary, FXTB’s cost structure is straightforward and transparent. There are no hidden fees, and all trading-related expenses are clearly presented, aligning with the broker’s reputation for honesty and professionalism.
Trading Conditions
FXTB provides stable and reliable trading conditions across its platforms. Order execution is efficient, and connectivity to liquidity providers ensures minimal slippage during major trading hours. This reliability is a key factor for Asian traders who need consistent execution across volatile regional markets.
The maximum leverage available at FXTB is 1:30 for retail clients under CySEC regulation, in line with European regulatory limits. While this may be lower than what offshore brokers offer, it also ensures a more responsible approach to trading, protecting traders from excessive exposure. For professional clients who meet specific criteria, higher leverage options are available upon request.
FXTB also provides negative balance protection, ensuring that traders cannot lose more money than they deposit. This feature, mandated by CySEC, adds an extra layer of risk control and is especially valuable for less experienced traders.
Overall, FXTB’s trading conditions are characterized by stability, regulatory protection, and educational guidance — an excellent combination for Asian traders looking for a secure entry point into global CFD markets.
Is FXTB a Good Option for Asian Traders?
Yes, FXTB is a solid option for Asian traders who value regulation, education, and simplicity. The broker’s CySEC oversight guarantees operational integrity, while its focus on clear pricing and learning resources makes it ideal for both beginners and intermediate traders.
Although leverage is limited to 1:30 for retail clients, this limitation aligns with responsible trading standards and reduces the risk of excessive losses. For traders who prefer a controlled, professional environment rather than high-risk speculation, FXTB offers a balanced framework.
FXTB’s multilingual support, accessible funding options, and user-friendly platform make it adaptable for clients in regions like Singapore, Malaysia, and Hong Kong. The broker’s emphasis on education and transparency further reinforces its appeal in markets where regulatory awareness is growing rapidly.
In short, FXTB provides a regulated, secure, and structured trading experience that is particularly well-suited for Asian traders seeking long-term skill development and consistent market access.
Our Verdict
FXTB stands as a responsible, CySEC-regulated broker offering a stable and transparent trading environment. While its spreads may not be the tightest, the broker compensates with clarity, strong customer support, and educational initiatives that empower traders to improve their skills.
The platform selection — MT4 and WebTrader — ensures that users can access markets through proven, reliable tools. Combined with tiered account options, FXTB provides flexibility for traders to grow progressively as they gain experience and confidence.
For Asian traders, FXTB offers a safe and educational entry point into global markets, backed by regulation and honest practices. It’s a broker built for those who value trust and gradual development over speculative short-term gains.
Overall, FXTB successfully delivers on its promise: a transparent, well-regulated, and customer-centered brokerage experience designed for sustainable trading.
Frequently Asked Questions
Is FXTB regulated?
Yes. FXTB is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 272/15, ensuring compliance with strict European financial standards.
Which platforms does FXTB offer?
FXTB offers the MetaTrader 4 (MT4) platform and its own WebTrader platform, both equipped with robust analytical tools and real-time trading capabilities.
What is the minimum deposit to open an account with FXTB?
The minimum deposit for a Basic account is €250. Higher-tier accounts, such as Gold, Platinum, and VIP, require larger deposits and provide tighter spreads and additional benefits.
Does FXTB charge commissions?
No. FXTB operates on a spread-only model, meaning all costs are included within the spread without separate commission charges.
Is FXTB suitable for Asian traders?
Yes. FXTB’s regulated environment, transparent pricing, and multilingual support make it a suitable choice for Asian traders seeking a safe and educational trading experience.
Note: Any opinions expressed in this article are not to be considered investment advice and are solely those of the authors. Singapore Forex Club is not responsible for any financial decisions based on this article's contents. Readers may use this data for information and educational purposes only.
