FAQ

ForexTB is here to help, no matter your question. Refer to the most frequently asked questions below, and if you can’t find a relevant answer, feel free to contact us directly at [email protected]

QHow do I know if my deposit or withdrawal has been processed?
A
. Traders can go to their Banking page and click on ‘Pending Requests’ on the ForexTB website and see all of the deposits and withdrawals that are currently pending. If your deposit or withdrawal is listed on this page, that means that it hasn’t been completed yet, but will be handled soon.

Q. Where can I see all my past deposits and withdrawals?
A. 
In the Banking page, you’ll see a tab labeled ‘History’ where your past withdrawals and deposits are listed per the date they were completed.

Q. How do I know my funds are safe on ForexTB?
A. We employ very high standards in data encryption, security systems and firewalls to ensure that your funds and sensitive personal information are safe. Additionally, our platform is protected with Secure Socket Layer (SSL – both Thawte and ClickSSL) protocols, and defenses against attacks or breaches like DDoS.

Q. What information do I need to provide to get verified with ForexTB?
A. We require proof of identity and other personal information to prove that you’re the owner of the bank account you’ve linked to ForexTB. We do this to comply with international Anti Money Laundering (AML) and Know Your Customer (KYC) regulations and to provide the safest trading experience possible. Here’s what you’ll need:

  • Official government-issued ID (passport, driver’s license, or another government ID) with your picture that is not expired
  • Proof of address (recent mail addressed to you where you currently live, such as a utility bill or bank statement) from the last 6 months
  • Image or scan of the front and back of your credit card (showing only the last four digits) is required if you used your CC to deposit funds

Q. I’d like to cancel my account. How do I proceed?
A. You can cancel your account by calling your account manager, or by emailing us directly ([email protected]).

Q. What is the minimum and maximum amount I can deposit or withdraw?
A. Please refer to our “Withdrawals” and “Deposits” pages for more information on the minimum and maximum deposit and withdrawal amounts for ForexTB traders.

Q. What kind of fees or commissions does ForexTB charge?
A. We impose minimal fees on our traders, but only when they withdraw funds. More information can be found on the General Fees document and in the Key Investor Information Documents, available on our website under the Legal tab.

Q. Can I withdraw money instantly to my bank account?
A. Requesting a withdrawal is instant, but depending on the method you used to deposit money, it may take up to 10 days for the money to appear in your account.

Q. What if I have a question that wasn’t answered here?
A. No problem! If you still have questions, feel free to call, email, or open a live chat with a ForexTB representative.

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Company Information: This website (www.forextb.com/eu) is operated by Forex TB Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission with CIF license number 272/15. Forex TB Limited is registered at Lampousas 9, Nicosia, 1095, Cyprus.

 

Forex TB Limited owns and operates the “ForexTB” brand.

 

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 57% 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 does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance. You should not deposit more than you are prepared to lose. Please ensure you fully understand the risk associated with the product envisaged and seek independent advice, if necessary. ForexTB does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Forex TB Limited is not a financial adviser and all services are provided on an execution only basis. Please read our Risk Disclosure document.

 

Regional Restrictions: Forex TB Limited offers services within the European Economic Area (excluding Belgium) and Switzerland.

 

Forex TB Limited does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of any financial product. Forex TB Limited is not a financial adviser and all services are provided on an execution only basis.

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