FXTM Reviews and Ratings:
|Telephone||44 203 734 10 25|
|Broker Type||Market Maker / ECN|
|Regulations||IFSC, FCA, FSB|
|Min Deposit||$ 5.00|
|Account Base Currency||USD EUR GBP NGN|
|Trading Platforms||Metatrader 4 and 5|
|Markets||Forex, Spot metals, Share CFD’s, CFD’s on Commodities, ETF’s and Indices, CFD’s on Cryptocurrencies|
|Bonus Offered||$ 30.00 credit , when you switch to FXTM|
|Funding Options||Bank transfer, Visa/Mastercard, Maestro, Union pay, Neteller, Skrill, OK pay, Dixipay, CashU, Fasa pay|
Based in Cyprus, FXTM (ForexTime) is one of the fastest growing Forex brokers, which was incorporated in 2011. It is regulated by Cyprus Securities and Exchange Commission and by International Financial Services Commission in Belize. The FSB in South Africa licenses the broker. Registered with the FCA of UK, FXTM has offices around the globe including one in the UK. Traders enjoy cash back bonuses, advanced investment programs, no dealing desk option, tight spreads and speedy execution.
Account: FXTM offers a variety of trading accounts each tailored to meet the needs of different types of traders with three categories provided under STP and five under ECN. The standard account is commission-free, suitable for both amateur and experienced traders with floating spreads starting at 1.3 pips. The broker also offers an FXTM Pro account, built explicitly for trading professionals and institutional traders with zero commission and spreads starting at 0 pips. All accounts come with a swap-free option. FXTM also offers a free demo account for new traders with no expiration period.
Maximum leverage: 1:1000, for FXTM pro account 1:200
Features: Traders have from over 50 currency pairs to choose from, with flexible leverage and tight spreads. The trading platforms offered are MetaTrader 4 and MetaTrader 5. For traders on-the-go, web-based trading and mobile trading through FXTM mobile trading application is also available. The broker permits hedging/scalping strategies and provides social trading features, charting tools and trading signal subscriptions as part of its basic package. However, it does not allow US traders to trade through its brokerage.
Education: A learning center equipped with webinars, educational videos, training courses, local seminars and news feed streaming is available for users.
Deposits/Withdrawals: The Forex broker supports as many as 31 payment options for making deposits and withdrawals including e-wallets. The processing time for most payment options ranges from instantaneous to 24hrs, except for bank wire which may take 3-5 business days.
Customer service: Multilingual customer support is provided keeping in mind its global presence and can be accessed 24/7 either by phone, email or live chat.
User reviews: Check out more FXTM Reviews below.