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Established2011
CountryUK, Cyprus, Belize
RegulatorsCySEC licence no. 185/12, FCA licence no. 777911, FSB (South Africa) 46614, IFSC (Belize), SC/60/345/TS and IFSC/60/345/APM
Trading PlatformMetaTrader 4 (MT4) MetaTrader 5 (MT5)
Website Language18 Language
Bass CurrenciesUSD, EUR, GBP
Minimum Deposit5
Maximum Leverage1000:1
Minimum Spreads0.0 Pips
Swap Free AccYes
Acc Funding MethodsBank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay (All options Depend on the Clients Country of Residence and the FXTM Entity that Client is registered with)
Acc Withdrawal MethodsBank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay (All options Depend on the Clients Country of Residence and the FXTM Entity that Client is registered with)
Type Of BrokersECN/STP
Mini AccountsYes
VIP AccountsYes
Segregated AccYes
Islamic AccountsYes
Managed AccountsNo
Free Demo AccYes
Mobile TradingYes
Web TradingYes
Hedging ScalpingYes
News TradingYes
No Deposit BonusYes
Welcome BonusYes, Available FT Global Services Limited Clients (Terms and Conditions Apply)
Other BonusYes, Available FT Global Services Limited Clients (Terms and Conditions Apply)
Telephone No+357 25 558777
Fax Number+357 25 558778
AddressFXTM Tower, 35 Lamprou Konstantara Kato Polemidia, 4156, Limassol, Cyprus.

FXTM Broker Review

This forex broker review will guide you to test some facts about ForexTime Broker and will provide you more accurate details about FXTM (or Forex Time). FXTM is a popular forex broker and well known CFDs. The broker was established in 2011, which means they might be considered old soldiers in online trading business. This popular broker frequently sponsors great events and sports clubs, such as the Lewis Pugh Long swim for the oceans.

 fxtm

ForexTime Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC)  with  CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614, and registared with the FCA with registration No. 600475.

Forextime UK Limited is authorised and regulated by the Financial Conduct Authority with license number 777911.

FT Global Limited is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM.

 

FXTM Trading Software

FXTM offers a great variety of trading alternatives. This means that investors do not have to worry what device they can be using, as FXTM has it all protected. Good user-friendly approach indeed. 

One of the most popular online forex trading platforms that FXTM offers is the WebTrader. WebTrader is a server based internet interface that requires no downloads, however, has some nifty features included with the trading dashboard. You only go to the broker's website, sign in and trade! 

FXTM Account Features

Nowadays, just about all modern Forex and CFDs brokers have several account types in their portfolio. That way they can accommodate the needs of the majority of investors. Our FXTM review showed how this broker offers several account models, including the demo account. 

Standard Accounts

There are 3 types of standard trading accounts: 

Cents Accounts

  • Leverage - Flexible
  • Execution - Instant
  • No more Commission payment
  • Consideration Currency - USD as well as EUR / GBP as well as NGN (*NGN accounts are only available to Nigeria clients)
  • Margin Call - 80 percent
  • Stop Out - 50 percent
  • Pricing Quotes - 5 decimals
  • 20+ tools types

Standard Account

  • Leverage - you: one thousand
  • Stop Out - fifty percent
  • Pricing Quotes - 5 decimals
  • Bank account Currency - USD as well as EUR / GBP as well as NGN (*NGN accounts are only available to Nigeria clients)
  • Execution - Instant
  • Margin Call - 80%
  • 76 tools types

Shares Account

  • Performance - Instant
  • No Commission payment
  • Leverage - None of them
  • Margin Call - 80 percent
  • Accounts Currency - USD as well as EUR / GBP as well as NGN
  • Stop Out - fifty percent
  • Pricing Quotes - 5 decimals
  • 180+ instruments types

ECN Accounts

There are 3 various sorts of ECN BROKER accounts at FXTM. They will include the following: 

ECN BROKER Account

  • Influence - 1: a thousand
  • End Out - fifty percent
  • Costs Quotes - 5 decimals
  • Execution - Market Execution
  • Account Currency - USD / EUR as well as GBP / NGN
  • Commission - $2 per whole lot
  • Border Call - 80 percent
  • 62 instruments types

ECN BROKER Zero Account·        

  • Leverage - 1: one thousand
  • Performance - Market Performance
  • Little Commission
  • Margin Call - 80%
  • Account Money - USD / EUR / GBP / NGN
  • Stop Out - 50%
  • Pricing Quotes - 5 decimals
  • 66 devices types

FXTM Pro Bank account

  • Leverage - you: 200 Flexible
  • Min Deposit -$/EUR/? 25, 000,? 5, 500, 000
  • Bank account Currency - USD as well as EUR / GBP as well as NGN(Note: NGN accounts are only available to Nigeria clients)
  • Execution - Industry Execution
  • No Percentage
  • End Out - fifty percent
  • Prices Quotes - 5 decimals
  • 46 instruments types

 

FXTM Customer Service

FXTM created a customer support that is rather impressive. For example, you can use live chat - the most famous and convenient mean of communication with the broker. You can use the live chat on the website, but also WhatsApp, Viber and Telegram chats. This is quite impressive and provides traders the possibility to communicate whenever and wherever. Also, most people hang around their mobile phones rather than a desktop computer, which means this type of support via software is more than welcomed.

 Additionally, there are free phone numbers for several countries: France, India, Indonesia, South Korea and Thailand. Messages or calls towards support for China, Cyprus, Czech Republic, Italy, Poland, Nigeria, Spain, and United Empire are charged.

 fxtm

Top features

FXTM Mobile trading applications are supported (including iOS and Android devices);

  • 250+ trading instruments including forex money pairs, CFDs, Futures, ETFs, Gold and silver and Commodities.
  • Currently available more than 30 payment options with no deposit fees and minimum deposits as low as $5. Depends on clients country of Residence and fxcm entity.
  • Zero Dealing desk standard facility has been installed. Also Swap-free option available for all account types;(Except MT5)
  • Social trading features, trading signal membership option, charting tools, email and mobile alerts, and streaming news feeds are included in the basic package;
  • Client’s funds are separated in Tier-One banks at all times for safeguard, in strict compliance with regulatory standards.
  • 7 days a week and 24 hours in a day customer service available. Support representatives are multi-lingual and may be accessed by email, live chat, or telephone line to one of several satellite office buildings.
  • ForexTime Limited Does NOT accepts United States customers.
  • Profound bank liquidity ensures limited trading spreads and superfast execution;
  • Hedging, EAs, and scalping strategies permitted.
  • An immediate connection to the products' price listing on the NYSE and NASDAQ exchanges for the Shares Bank account.
  • 18+ languages are backed, and even more are added to the site and My FXTM, the trader's gateway.
  • Learning center support includes streaming news feeds, discourse, webinars, educational videos, free courses and local training seminars.
  • They have offered investment programs offered – 1. The FXTM Invest and 2. The latest copy-trading solution.
  • Approximately more than 800,000 including in the review that individuals give a CFD for cryptocurrency trading with leveraged at 10 under FT Global Limited.
  • Promotions and live and demo tournaments on a regular most basic. Available only to FT Global Ltd. clients and T&C will be applicable.

 

Conclusion on FXTM

Few organizations have come into the forex brokerage market with such a blossom as FXTM did. They know what it takes to please a very demanding global consumers. Prestigious awards and advantageous testimonials are just the icing on the dessert. As their website declares, "We always strictly hold by the regulations, highly emphasizing our clients' pay for safety and security and the protection of our clients and their investment is our primary matter. FXTM is very worthy of your time and efforts and consideration.

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