Forex broker FXTM

3.31
7 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

GENERAL INFORMATION FXTM

Founded in: 2010 year
Headquarters: Cyprus
Offices in the country: United Kingdom, Nigeria
Minimum Deposit: 5 $
Website: www.forextime.com
Website languages:
English, Arabic, Vietnamese, Bahasa Indonesia, Spanish, Italian, Chinese, Korean, Malaysian, Persian, Polish, Russian, Thai, French, Czech
Execution model:
NDD, ECN
Deposit currency : USD, EUR, GBP
Support languages:
English, Arabic, Vietnamese, Bahasa Indonesia, Spanish, Italian, Chinese, Korean, Malaysian, Polish, Russian, Thai, French, Czech
Regulated by:
IFSC (Belize) license №IFSC/60/345/TS и IFSC/60/345/APM
SEBI (India)
CySEC (Cyprus) license №185/12
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo accounts, Standard accounts, ECN accounts, Cent accounts, Swap free счета, Micro accounts
Trust management: PAMM
Affiliate program: Yes

About the company FXTM

The ForexTime broker is busy rendering high quality and professional brokerage services in the modern Forex market since 2010. This broker started establishing and applying uttermost standards from the initial stage of its operation. A leading regulatory body – the International Financial Services Commission of Belize, regulates FXTM company activity. The relevant advantage of the FXTM broker is favorable trading terms:

  • - low spreads;
  • - orders, executed as quick as possible;
  • - floating leverage, which is often reaches 1:1000 mark;
  • - high banking liquidity;
  • - a possibility to carry out full-range algorithmic trading;
  • - a wide range of accounts (standard, cent, ECN, etc.).

It is worth mentioning, that the FXTM broker provides a possibility to use various tools for trading. This broker’s customers may choose different currency pairs, futures, CFD, precious metals and other instruments for operation. The entire Forex Time lineup of financial instruments exceeds more than 100 positions. So, you may select the variant for trading that suits you best.

You may choose different trading platforms for your business (MetaTrader 4, MetaTrader 5, special mobile trading apps, Web Trader, etc.). The novice traders will certainly appreciate the ForexTime brokerage company’s potential. The newbies can find a huge library of qualitative and interesting educational articles in the broker’s website. A special educational service is available for beginners that has Forex terms glossary and a wealth of fascinating articles at its disposal. Its peculiarity is that it gives traders a possibility to trace their progress and have a more rounded education for improving trading in the Forex market. The subject-related FXTM webinars and seminars are held for beginners regularly, which empower the knowledge base of attendees much.

The FXTM broker’s promotions are certainly worth your attention. For example, each time you replenish your account you may get a gift in a form of 200% cashback rebate. Besides, the FXTM broker organizes fascinating contests with valuable prizes and a huge money pool on a regular basis. Such competitions are often held among demo accounts owners. As a result, you obtain a chance to win a precious prize with no funds risking.

The FXTM brokerage company used to appreciate its customers time. So, users may have an access to a broad array of analytics tools right on the broker’s website. A detailed economic events calendar, interesting video reviews, branded apps, news timeline, daily market’s analysis, forecasts, Trading Central technical FXTM analysis and many other articles written by authoritative and proven analysts are at your service. Pay attention to the FXTM review.

Feel free to find testimonials about the FXTM broker’s activity from independent traders on this page of Topbrokers.com web portal. If you wish, you may also share your opinion with your colleges about collaboration with ForexTime. Besides, we aspire to provide full information about the recent FXTM broker’s events. Find the uttermost FXTM news in this section.

Accounts of FXTM

  • Standart
  • Cent
  • Shares
  • ECN
  • Pro
  • PAMM
Trading platforms: MetaTrader 4, Meta Trader 4 Mobile
Minimum Deposit : 100 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Forex 1:1000
Metals 1:500
Stop Out:
20 %
Minimum position size:
0.01
Maximum position size:
30
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
40 %
Speed ​​of execution:
0.001 sec.
Commission:
No
Phone trading:
Yes
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal
Minimum Deposit : 5 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Forex 1:1000
Metals 1:25
Stop Out:
40 %
Minimum position size:
0.01
Maximum position size:
1
Max. number of orders:
300
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
5 decimal places
Margin Call:
60 %
Speed ​​of execution:
0.001 sec.
Commission:
No
Phone trading:
Yes
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal
Minimum Deposit : 100 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Stock exchange
  • Stocks
Entry to stock exchanges
  • NASDAQ (USA)
  • NYSE (USA)
Stop Out:
20 %
Minimum position size:
0.01
Maximum position size:
10
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Fixed
Decimal places:
4 decimal places
Margin Call:
40 %
Locked Margin level:
10 %
Speed ​​of execution:
0.01 sec.
Commission:
No
Phone trading:
No
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal
Minimum Deposit : 500 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Stop Out:
50 %
Minimum position size:
0.01
Maximum position size:
100
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 decimal places
Margin Call:
80 %
Speed ​​of execution:
0.001 sec.
Commission:
2 USD for 1 lot
Phone trading:
No
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal
Minimum Deposit : 25000 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Stop Out:
80 %
Minimum position size:
0.01
Maximum position size:
100
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Floating
Decimal places:
4 decimal places
Locked Margin level:
50 %
Speed ​​of execution:
0.001 sec.
Commission:
No
Phone trading:
Yes
Trading platforms: MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal
Minimum Deposit : 100 $
Deposit currency :
USD - US Dollar
EUR - Euro
GBP - British Pound
Trading instruments:
Stop Out:
20 %
Minimum position size:
0.01
Maximum position size:
100
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
No
Spread type:
Floating
Decimal places:
4 decimal places
Margin Call:
40 %
Speed ​​of execution:
0.001 sec.
Phone trading:
Yes

MONITORING FXTM (Account Pro)

Spreads FXTM All spreads FXTM

Enable data feed
EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Live spread

N/A N/A N/A N/A N/A N/A N/A N/A
Average spread
for the past
30 days
Average spread Interval:
N/A N/A N/A N/A N/A N/A N/A N/A

Quotes FXTM All quotes FXTM

Enable data feed
EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Ask
N/A N/A N/A N/A N/A N/A N/A N/A
Offers
N/A N/A N/A N/A N/A N/A N/A N/A

Swaps FXTM All swaps FXTM

EUR/USD GBP/USD USD/CHF USD/CAD USD/JPY AUD/USD NZD/USD EUR/AUD
Long
-4.8 -3.5 0.1 -3.8 -1.4 0.7 0.6 -14.4
Short
0.1 -2.3 -5.2 -6.3 -3.6 -5 -5.5 1.3

Contacts FXTM

Representative office
United Kingdom , London Lloyd's Avenue, 5 show on the map
+44 203 734 22 55 Local number

RECENT REVIEWS FXTM

Idris Landry 15 June 2017

Advantages: Good quality services, accurate market prices, fast execution

Disadvantages: Commissions on funds transfer, other brokers don't charge

Comment: After a few months with FXTM, they have been a good broker all through and I don't need another broker. I was skeptical at first because they are an STP broker, but I trusted them because of good regulations in Cyprus. I also know that they have a lot of clients all over the world, so they don't have to manipulate the markets. Up to now, I have not seen any signs of unfair practices and manipulation. Other areas are good also and I like their customer service which is very helpful although I have had to wait in queue for some time. Money transfer by bank wire is also fast and I have used it a few times, haven't tried other methods. Huge range of trading instruments are also available and I like that. I just love this broker.

Comment
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Daniel Kabue 07 June 2017

Advantages: Reliable broker with consistent performance

Disadvantages: Not enough tradable instruments

Comment: I was at one of the FXTM events a few weeks ago in Johannesburg, and I joined FXTM right after. It was at the event that I learned a lot more about the markets and found a broker who seemed honest and interested in the African market. I know a few weeks of trading may not be enough time to know a broker completely but they have been good to me so far. Execution speed is very fast and I have never got any requotes. To confirm their prices, I compared with numbers online through google and it matched every time so they are not manipulating numbers either. However, I had demo accounts with some other brokers before and I have to say the number of tradable instruments is not enough. I am especially disappointed they don't have bitcoin and other virtual currencies which I could have been trading even over the weekends. My problem with Forextime is that they don't have enough offerings, but what they do have is done perfectly, and they should get credit for that

Comment
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Bennett 06 June 2017

Advantages: Trustworthy broker

Disadvantages: Trading conditions are not good

Comment: FXTM is not a bad broker despite what people say about them. I joined FXTM last year and have been with them for almost a year and in that time there have been no problems in finance. After numerous withdrawals and deposits, I have always got my money instantly, but I don't like that they charge for transactions. I used Exness before and they don't charge for withdrawals or deposits. There are also no problems with market prices and they don't manipulate markets, so no problems there too. My problem is that their servers are quite slow and I have always had problems with execution speed and slippage. Requotes are also very common, and some people may not like that. But in terms of money, you can trust them

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NEWS FXTM

All news FXTM
23 JUNE, 2017
FXTM Nigeria offices Closed for Eid Mubarak

The staff of FXTM Nigeria wish all of our clients a happy Eid Mubarak!Kindly be informed that both of our offices in Abuja and Lagos will remain closed during the holiday on Monday, 26 June, and Tuesday, 27 June, 2017.Please ...

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19 JUNE, 2017
FXTM Partners Triumphs in Vietnam with FXTM Chief Market Strategist’s Seminar.

FXTM Partners hosted two successful seminars in Vietnam on 10 and 11 June. Featuring keynote presentations from FXTM Chief Market Strategist, Hussein Al Sayed, the seminars were held in Ho Chi Minh and Hanoi and were receive ...

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15 JUNE, 2017
First FXTM media tour in South Africa Wraps up with Great Results

FXTM continues to expand its global footprint in key regions across the world, with its first-ever media tour in South Africa on 16-19 May. Headlined by FXTM VP of Corporate Development and Market Research, Jameel Ahmad, the ...

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ANALYSIS FXTM

All analysis FXTM
03 MAY, 2017

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03 MAY, 2017
Fed day is finally here, any new signals?

Investors and traders across different asset classes are eager to know what the Fed is currently thinking, as U.S. equities sit at record highs, the U.S. dollar is close to November 2016 lows, and treasury yields are in a do ...

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03 MAY, 2017

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