ForexBy broker review (2022)

ForexBY is an online financial services provider that provides reliable financial and investment services to traders worldwide. The company is known to provide a wide range of trading instruments such as Forex, Stock Indices, Precious Metals, and Securities to the financial industries.

Security

ForexBY keeps all clients funds in tier one banking institutions segregated from the company’s own funds.

Trading Platforms

ForexBY provides a xCritical and MetaTrader 4 trading Platforms that can be accessed via Pc, Mobile and WebTrader.

MetaTrader 4

  • auto operation
  • copying successful strategies
  • built-in analytics and news
  • online quotes
  • hundreds of indicators and tools
  • interactive charts

forexby MT4

xCritical

  • More than 55 instruments and the ability to create your own investment portfolio
  • Improved performance and graph accuracy
  • Autochartist development for fast technical analysis
  • Buy or Sell Signals
  • Ability to set Stop Loss and Take Profit directly on the chart
  • Automatic income forecast function
  • Detailed history of past transactions

Education

  • Webinars
  • Video training
  • Glossary
  • Investors Calendar

forexby

Accounts

  • Standard
  • Pro
  • Premium
  • Platinum

Costs

ForexBy offers maximum leverage of 1:200, floating spreads from 0 points, and minimum deposit of $500. Payments can be done via various methods including bank transfers, master/visa cards, maestro, skrill, webpay, and bepaid.

Customer Support

ForexBy offers reliable Customer support 24/5 through live chat, telephone and email.

Regulations

ForexBy is an unregulated broker.

Conclusion

ForexBy is an online broker that provides transparent trading instruments worldwide. ForexBy provides multiple account types and reliable trading platforms to suit all types of traders at anytime, anywhere. ForexBy offers floating spreads from 0, leverage up to 1:400 and minimum deposit of $500. ForexBy also provides fast and easy deposits, and customer support 24/5. However, ForexBy is an unregulated broker.

 

Our Score

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EditorialTeam
The Trader-Magazine.com EditorialTeam is a collective of certified financial analysts, active traders, and cryptocurrency experts. Our mission is to transform complex market data (forex, equities, indices) into accessible financial education. All content undergoes rigorous, multi-level fact-checking to ensure we deliver only accurate, objective information for your trading and investment decisions.

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