AETOS vs ForexTB

AETOS or ForexTB – which is better for UK traders 2024? Compare AETOS and ForexTB in this detailed breakdown of their platforms, features and fees.

AETOS vs ForexTB Comparison Table 2024
AETOS ForexTB
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3.5
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3.6
AETOS is ranked #97 among CFD brokers. ForexTB is ranked #97 among CFD brokers.
Review
Review
Aetos is an international forex and CFD broker founded in 2007. Headquartered in Sydney, the broker is licensed by the ASIC, FCA and VFSC and has a global client base in over 100 countries. The firm offers the MetaTrader 4 platform and the minimum deposit to get started is $50.
ForexTB has closed or no longer accepts UK clients.
Established in 2015, ForexTB (FXTB) is a multi-asset broker offering CFDs on over 300 instruments via its own web-based platform or the popular MetaTrader 4. FXTB offers a choice of four accounts with premium tiers enjoying tighter spreads and zero commissions, though substantial minimum investments climbing to €250k put these out of reach for most traders.
Pros
  • I’m happy with the broker’s regulatory status, with top-tier licensing from the UK’s FCA and ASIC. This means traders can access compensation schemes and negative balance protection
  • High leverage is available for experienced traders at the Australian branch, up to 1:200. I also found MAM and PAMM accounts are available for eligible money managers
  • Beginners should appreciate the free $10,000 demo account and I like that there’s also a copy trading solution for those who want to follow the strategies of others
  • Alongside the trusted MT4 terminal, I was pleased to see the AutoChartist market analysis and signals tool available for clients
  • ForexTB is authorized by the CySEC in Europe, a trusted regulator, though it reached a €270k settlement in 2022 for possible violations.
  • The proprietary platform is simple by design but offers essential features with optimal charting tools, plus a limited version is accessible prior to registration.
  • Analytics from Trading Central is included, which offers additional technical tools, analytical reviews, fundamental news, and access to primary sources of information, helping to inform trading decisions.
  • FXTB is one of a select few brokers to offer a professional account that maintains negative balance protection, preventing losses beyond account balances.
  • An extensive range of payment methods are supported from PayPal to bank cards and wire transfers, with same-day deposits and zero transfer fees
Cons
  • I’m a little disappointed in the small range of assets available at Aetos, with even fewer markets available for UK clients. I would have liked to see a wider range of currency pairs and shares, for example
  • The demo account has a time limit of just 14 days, which I don’t feel is enough for beginners to get acquainted with the platform and test out their first strategies
  • It would have also been nice to see a wider choice of platforms for clients and perhaps a bespoke solution
  • ForexTB offers wider spreads than many competitors, notably low-cost brokers like IC Markets, especially if you opt for the Basic account.
  • FXTB imposes a €20 inactivity fee after just one month, deterring casual traders, while only VIP account holders get unlimited free withdrawals.
  • The educational guides lack practical examples, charting analysis and interactive elements, making them of limited use for newcomers, especially compared to category leaders like IG.
  • ForexTB prices out many retail traders with three of its four accounts requiring minimum deposits of €25k+, making it a poor option for beginners.
  • Customer support can't be relied upon for urgent trading queries with just phone and email channels and wait times of several hours during testing, seriously lagging behind alternatives like XTB.
Awards
  • Best Crypto CFDs Trading Platform Global 2022 - World Business Outlook
  • Fastest Growing CFD Broker in Europe 2020 - Global Brands Magazine
FCA Regulated
Yes No
Instruments
Forex, energies, precious metals, indices, share CFDs CFDs, Forex, Indices, Stocks, Commodities, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$50 $250
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, ASIC, VFSC CySEC
Mobile Apps
Yes iOS & Android
Trading App

FXTB provides a mobile version of its exclusive WebTrader platform, compatible with iOS and Android devices, featuring push notifications for real-time updates. This app facilitates trade execution, chart analysis, and asset price monitoring on-the-go. Alternatively, experienced traders may prefer the MT4 app, offering robust features like drawing tools, customizable graphs, and Expert Advisors (EAs).
iOS App Rating
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4
Android App Rating
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rating full
2.7
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
Aetos offers a proprietary copy trading solution which allows you to save time and automatically copy the trades of other users. You can view useful profitability stats of each 'master' trader before subscribing, and I like that parameters including stop loss and take profit are flexible.
Social Trading
Yes No
Trade Signals
Yes Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$20
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • USD
  • EUR
  • GBP
  • JPY
  • RUB
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Gold
  • Silver
  • Oil
  • Zinc
  • Aluminium
  • Corn
  • Cocoa
  • Wheat
  • Coffee
  • Palladium
  • Cotton
  • Soybeans
  • Livestock
  • Natural Gas
  • Copper
  • Gasoline
  • Sugar
  • Platinum
CFD
CFDs are available to trade manually in the MT4 platform, or via the broker’s copy trading solution which allows you to automatically copy other strategies. I also appreciate that the broker offers a demo account with $10,000 in virtual funds so you can practice CFD trading strategies risk-free. CFD trading is available across forex, commodities, indices, stocks, and cryptocurrencies, encompassing over 300 assets in total. Leverage levels vary by instrument, adhering to EU regulations with a maximum of 1:30. Spreads are variable across the platform, however there is no raw spread account that would cater to advanced traders.
Leverage
1:30 (UK), 1:400 (Global) 1:30 (Retail), 1:400 (Professional)
FTSE Spread
25 425
GBPUSD Spread<
2.35 1.8
Oil Spread
0.06 10
Stocks Spread
Variable Variable
Forex
My tests uncovered only 27 currency pairs at Aetos, which is below the industry average. Leverage is available up to 1:200 for Australian clients but I’m not overly impressed with the 1.8-pip average spreads for EUR/USD. Top competitors typically offer the same pair for around 1 pip in a standard-level account. FXTB provides CFDs on 45 currency pairs, primarily consisting of crosses involving USD, EUR, GBP, or AUD. Basic account holders encounter very wide spreads, notably 3 pips on EUR/USD, while VIP members enjoy more competitive rates, with 1.6 pips offered on the same pair. The MT4 platform and app were built for forex trading.
Assets
27 45
GBPUSD Spread
2.35 From 2.0
EURUSD Spread
1.80 From 1.6
EURGBP Spread
2.57 From 1.8
Cryptocurrency
ForexTB offers short-term trading in cryptocurrency markets through approximately 25 CFDs, which are paired with USD, EUR, and GBP. Popular coins include Bitcoin, Ethereum, Dash, and Litecoin. However, there are no crypto indices, limited emerging tokens and Bitcoin spreads came in wider than average during testing.
Spread
Floating
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • XMR
  • DSH
  • BCH
  • ADA
  • DOGE
  • XLM
  • DOT
  • BNB
  • SOL
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
AETOS ForexTB
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