Best ForexTB Alternatives for 2021

What ForexTB Does Not Offer and Alternatives For Each

When trading having a broker you can rely on is essential. If ForexTB does not match your requirements we explain the top ForexTB alternatives and ForexTB competitors in this guide. The best alternative for ForexTB is eToro or XTB.

When searching for a ForexTB alternative there are a few things you need to check. The ForexTB trading platform alternative that you decide upon needs to offer features and have trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of all of the top ForexTB alternatives and competitors feature by feature further below this ForexTB alternatives guide. If you are looking for a trading platform that offers similar features to ForexTB or ForexTB does not offer something that you require when trading we will show you the best ForexTB alternative options below.

We highlight the pros and cons of each ForexTB alternative. Maybe you are looking for better customer service from a ForexTB alternative, or more competitive ForexTB fees and more financial instruments to trade.

We have listed some reasons why ForexTB may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

• ForexTB does not offer Guaranteed Stop Loss (See ForexTB alternatives who offer Guaranteed Stop Loss here)
• ECN accounts are not offered by ForexTB (Look here for ForexTB alternatives offering ECN accounts)
• MT5 is not offered by ForexTB (find ForexTB alternatives that offer the MT5 trading platform here)
• cTrader is not offered by ForexTB (find ForexTB alternatives offering the cTrader trading platform here)
• ForexTB does not offer Islamic accounts (Check here for ForexTB alternatives offering Islamic accounts)

Top ForexTB Alternative is eToro

Rating	★★★☆☆ 3/5	★★★★☆ 4/5	★★★★☆ 4/5
💻 Trading Platforms	MT4, Web Trader, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
📋 Instruments Available	100	2000	4000
📈 Stocks Offerd	0	2042	1696
💎 Cryptocurrency	Yes	Yes	Yes
💹 Forex Pairs	50	50	57
📈 Commodities	0	31	21
💰 Min Deposit	250	50	0
👱‍♂️ Used By	5,000 users	20,000,000 users	250,000 users
📆 Founded	2015	2007	2002
👮‍♂️ Regulation	Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
🌍 HQ	Cyprus	Cyprus, UK	Poland
🚫 Excluded Countries	US, IN, PK, BD, NG , ID, BE	ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN,	US, IN, PK, BD, NG , ID, BE, AU
Risk Warning	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor	67% of retail investor accounts lose money when trading CFDs with this provider.	74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

If you want to see a more indepth feature by feature ForexTB alternative comparison, you can scroll further down here.

ForexTB Alternatives List

eToro

★★★★☆ (4/5)

Min deposit : 50

Visit eToro Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

XTB

★★★★☆ (4/5)

Min deposit : 0

Visit XTB Read review

XTB was established in 2002 and is used by over 250000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

IC Markets

★★★★☆ (4/5)

Min deposit : 200

Visit IC Markets Read review

IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

AvaTrade

★★★★☆ (4/5)

Min deposit : 100

Visit AvaTrade Read review

AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)

Roboforex

★★★★☆ (4/5)

Min deposit : 1

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Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Regulated by Cyprus Securities and Exchange Commission (CySEC)

Pepperstone

★★★★☆ (4/5)

Min deposit : 200

Visit Pepperstone Read review

Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money Pepperstone offers Forex, CFDs, Social Trading.

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

XM

★★★★☆ (4/5)

Min deposit : 5

Visit XM Read review

XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

FP Markets

★★★★☆ (4/5)

Min deposit : 100

Visit FP Markets Read review

FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)

Plus500

★★★★☆ (4/5)

Min deposit : 100

Visit Plus500 Read review

Plus500 was established in 2008 and is used by over 15500+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.

Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546

FXPrimus

★★★★☆ (4/5)

Min deposit : 100

Visit FXPrimus Read review

FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)

forextb alternatives
ForexTB Summary

• ForexTB is used by over 5,000 users (Look here for ForexTB alternatives that are used by more traders)
• ForexTB has a minimum deposit of $250 (Look here for ForexTB alternatives that require less minimum deposit)
• ForexTB has a minimum trade requirement of 0.01 Lot (Look here for ForexTB alternatives that require a lower minimum trade)
• ForexTB has a maximum deposit of 100 Lot (Look here for ForexTB alternatives that has a similar or greater maximum trade limit)
• ForexTB has 1 awards (Look here for ForexTB alternatives with more awards)

forextb alternatives
ForexTB Tradable Financial Assets

• ForexTB offers traders over 100 tradable instruments (Look here for ForexTB alternatives offering a similar amount or more tradable instruments)
• ForexTB offers over 0 shares (Look here for ForexTB alternatives offering more tradable shares)
• ForexTB does not offer US Shares (Look here for ForexTB alternatives offering US Stocks and Shares)
• ForexTB does not offer UK Shares (Look here for ForexTB alternatives offering UK Stocks and shares)
• ForexTB does not offer German Shares (Look here for ForexTB alternatives offering German Stocks and shares)
• ForexTB does not offer Japanese Shares (Look here for ForexTB alternatives offering Japanese Stocks and shares)
• ForexTB offer Indices trading (Look here for ForexTB alternatives offering Indices trading)
• ForexTB offers 0 commodities (Look here for ForexTB alternatives offering more tradable commodities)
• ForexTB does not offer trading in metals (Look here for ForexTB alternatives offering metal commodities)
• ForexTB does not offer trading in energy commodities (Look here for ForexTB alternatives offering energy commodities)
• ForexTB does not offer trading in agricultural commodities (Look here for ForexTB alternatives offering agricultural commodities)
• ForexTB offers trading on the Forex markets (Look here for ForexTB alternatives offering Forex trading)
• ForexTB offers 50 Forex Pairs (Look here for ForexTB alternatives offering a similar amount or more Forex Pairs)
• ForexTB offers trading with Major Forex Pairs (Look here for ForexTB alternatives offering Major Forex Pairs trading)
• ForexTB offers trading with Minor Forex Pairs (Look here for ForexTB alternatives offering Minor Forex Pairs trading)
• ForexTB offers trading with Exotic Forex Pairs (Look here for ForexTB alternatives offering Exotic Forex Pairs trading)
• ForexTB offers trading in Cryptocurrencies (Look here for ForexTB alternatives offering cryptocurrency trading)
• ForexTB offer CFD trading (Look here for ForexTB alternatives offering CFD trading)
• ForexTB does not offer Social Trading (Look here for ForexTB alternatives offering Social Trading accounts)

forextb alternatives
ForexTB Trading Account Features

• ECN accounts are not offered by ForexTB (Look here for ForexTB alternatives offering ECN accounts)
• STP accounts are offered by ForexTB (Look here for ForexTB alternatives offering STP accounts)
• ForexTB offers MT4 (See ForexTB alternatives offering the MT4 trading platform here)
• MT5 is not offered by ForexTB (find ForexTB alternatives that offer the MT5 trading platform here)
• cTrader is not offered by ForexTB (find ForexTB alternatives offering the cTrader trading platform here)
• ForexTB does offer Micro accounts (Check here for ForexTB alternatives offering micro accounts)
• ForexTB does offer VIP accounts (Check here for ForexTB alternatives offering VIP accounts)
• ForexTB does not offer Islamic accounts (Check here for ForexTB alternatives offering Islamic accounts)
• ForexTB does offer Demo accounts (Check here for ForexTB alternatives offering Demo accounts)
• ForexTB does offer Spread Betting accounts (Search for Spread Betting brokers here)
• ForexTB does allow Scalping (See brokers for scalping here)

forextb alternatives
ForexTB Risk Management Features

• ForexTB does allow hedging (See brokers for Hedging here)
• ForexTB does offer negative balance protection (See ForexTB alternatives who offer negative balance protection here)
• ForexTB does not offer Guaranteed Stop Loss (See ForexTB alternatives who offer Guaranteed Stop Loss here)
• ForexTB does offer limit orders (See ForexTB alternatives who offer limit orders here)
• ForexTB does offer trailing stops (See ForexTB alternatives who offer trailing stops here)
• ForexTB does offer price alerts (See ForexTB alternatives who offer price alerts here)

forextb alternatives
ForexTB Fees

• ForexTB does not have inactivity fees (See ForexTB alternatives who don’t have inactivity fees here)
• ForexTB does not have withdrawal fees (See ForexTB alternatives who don’t have withdrawal fees here)
• ForexTB does not have deposit fees (See ForexTB alternatives who don’t have deposit fees here)

forextb alternatives
ForexTB Regulation

• ForexTB are not regulated by the FCA (Financial Conduct Authority) (Look here for ForexTB alternatives offering FCA regulated brokers)
• ForexTB are regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for ForexTB alternatives offering CySEC regulated brokers)
• ForexTB are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for ForexTB alternatives offering MiFID regulated brokers)
• ForexTB are not regulated by the ASIC (Australian Securities and Investments Commission) (Look here for ForexTB alternatives offering ASIC regulated brokers)
• ForexTB are not regulated by the FSCA (Financial Sector Conduct Authority) (Look here for ForexTB alternatives offering FSCA regulated brokers)
• ForexTB are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for ForexTB alternatives offering DFSA regulated brokers)
• ForexTB are not regulated by the MAS (Monetary Authority of Singapore) (Look here for ForexTB alternatives offering MAS regulated brokers)
• ForexTB are not regulated by the FSA (Financial Services Authority) (Look here for ForexTB alternatives offering FSA regulated brokers)

forextb alternatives
ForexTB Desktop Computer and Mobile Device Support

• ForexTB Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See ForexTB alternatives that offer an online trading platform here)
• ForexTB does not offer a bespoke application for Microsoft Windows Desktop computers (See ForexTB alternatives that support desktop Windows users here)
• ForexTB does not offer a bespoke application for Apple Mac Desktop computers (See ForexTB alternatives that support desktop Apple Mac users here)
• ForexTB does offer a bespoke application for mobile devices (See ForexTB alternatives that support mobile device users here)
• ForexTB does offer a bespoke application for IOS Devices (See ForexTB alternatives for IOS users here)
• ForexTB does offer a bespoke application for Android Devices (See ForexTB alternatives for Android users here)
• ForexTB does offer live chat support (See ForexTB alternatives that offer live chat support here)

Below is an extensive list of the best alternatives to ForexTB based on our unique 256 point criteria.

Top alternative for ForexTB is eToro

Top Pick 1 4/5 rating

eToro is the best alternative broker to ForexTB. eToro has been in operation for over 14 years.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

If ForexTB or eToro are not what you are looking for try XTB.

With ForexTB, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.80% of retail investor

With eToro, 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

With XTB, Losses can exceed deposits

Top Pick 2 4/5 rating

XTB, as a brokerage is regulated. This means XTB are supervised by and checked for conduct by the Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

Here are some of the key reasons why traders choose eToro and XTB over ForexTB

	eToro	XTB	IC Markets
Brokerage Rating	★★★★☆ (4/5)	★★★★☆ (4/5)	★★★★☆ (4/5)
Regulator	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit	50	0	200
Min Trade	$25	0.01 Lot	0.01 Lot
Platforms	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Risk Warning	67% of retail investor accounts lose money when trading CFDs with this provider.	74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	Losses can exceed deposits
	Visit eToro	Visit XTB	Visit IC Markets

If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.

If eToro does not match your criteria, have a look at the 10 best ForexTB alternatives below.