0.00
Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

FXTM Review

4.64
44 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

FXTM general information

Founded in: 2011 year
Headquarters:
Cyprus
Offices in the country: United Kingdom, Nigeria
Minimum Deposit: 5 $
Website: www.forextime.com
Website languages:
English, Arab, Vietnamese, Indonesian, Spanish, Italian, Chinese, Korean, Malay, Persian, Polish, Russian, Thai, French, Czech
Execution model:
NDD, ECN
Deposit currency: USD, EUR, GBP
Support languages:
English, Arab, Vietnamese, Indonesian, Spanish, Italian, Chinese, Korean, Malay, Polish, Russian, Thai, French, Czech
Regulated by:
IFSC (Belize) license №IFSC/60/345/TS и IFSC/60/345/APM
CySEC (Cyprus) license №185/12
Mobile trading: iOS, Android
Types of offered accounts:
Unlimited Demo Accounts, Standard Accounts, ECN accounts, Cent accounts, Swap free accounts, Micro accounts
Trust management: PAMM
Affiliate program: Yes

FXTM Forex broker description

Forextime brokers also known as FXTM is a renowned forex trader that has been in the forex industry since 2011. Ever since its inception, FXTM has managed to grow in leaps and bounds as evidenced by its great number in account opening said to have surpassed the 1 million mark.

Trading Accounts

FXTM trader has six trading account types each with their own special features that cater to the different needs of its many clients.

These accounts are the standard account, the cent account, and the shares account, the ECN zero account, the ECN account, and the FXTM pro account.

The FXTM standard Account

An account type that has been designed to suit everyone in the forex trading business. The following are the perks and features that come with this account type.

  1. Uses the United States dollar, the Great Britain pound, the Nigerian Naira and euro as its base operation currency unit.
  2. Instant execution.
  3. A vast range of trading instruments from cryptocurrencies, exotics and spot metals among many others.
  4. No commissions are charged.
  5. Allows for hedging.

The FXTM Cent Account

Just like its name implies, the cent account focuses on your account funds in form of cents. That is if you deposit a dollar, it will reflect as 100 cents.

The cent account has been designed to suit the needs of small-scale traders as well as newbies to the forex trading concept. The following are the features of the cent account.

  1. Minimum initial deposit of 5 dollars which will reflect as 500 cents.
  2. Offers tight floating spreads.
  3. A swap-free option is available.
  4. Available in the United States cents, the Nigerian kobo, the great British pence and euro cents as its currency unit.
  5. Instant execution.

The FXTM Shares Account

The shares account is an account that will allow you to exclusively deal in share CFDs. With almost 180 shares to choose from this is a lucrative account for share traders. Among the features of this account type include:

  1. Provision of real-time feed from NYSE and Nasdaq.
  2. Trade in over 180 shares with a guarantee of more forthcoming.
  3. No commission charged.
  4. A swap free option is available.

The ECN Zero Account

This is a special account and comes with the following features:

  1. No commission charged
  2. Tight floating spreads.
  3. Hedging and scalping allowed.

The Company. Security Of Funds

The company as earlier indicated was established in 2011, with the goal of providing unparalleled trading conditions suitable for any client that signs up with them. This translated to good customer relations and ultimately resulted in FXTM becoming a global brand in the world of forex trading.

Among the key factors that this firm puts into consideration is time as an asset. This is due to its importance in the world of forex trading as it will only take a second in fluctuating price for your fortunes to change. For this reason, they have specially designed platforms for their various accounts that help in the fast execution of trades.

FXTM has also invested in the best and professional personnel who ensure you have a hassle-free moment while trading which equals a nice customer experience. Your queries will be answered in time efficiently as well as offering you the much needed advisory services in your trading.

Courtesy of its performance and also FXTM customer comments and reviews, FXTM has managed to bag a host of awards to its name and the trend does not seem to slow anytime soon. To have its credibility in check, FXTM has all its licenses up to date and with a pass bill in its operation in every jurisdiction that it is present such as the financial conduct authority (FCA) from the United Kingdom.

FXTM ensures that client's funds entrusted to them are kept safely. For this, it has ensured the following measures that will also uphold its integrity as a credible trader.

  1. FXTM has a separate bank account for clients’ funds away from its own operating funds preventing the funds causing a mix-up.
  2. The clients' funds are stored with credible banks that safeguard these funds.
  3. FXTM is also a member of the Financial Commission that has a compensation fund in case the firm faces liquidity. So clients are assured of remittance of their funds in case of liquidation of the company.
  4. Utilizes a high technology encryption technique to prevent loss of funds through hacking.

Trading Conditions

Floating Leverage

The floating leverage system garnets leverage as high as 1:1000.

Spreads

FXTM provides lucrative and tight spreads going as low as 0.1 pips that will give you an advantage from the start of your trading.

Minimum Initial Deposit

The minimum initial deposit is $100 for a standard account and varies a little in the other account types. This initial deposit will serve as your first trading capital as well as your shield whilst trading.

Trading Platforms

FXTM utilizes the services among the best trading platforms that offer the best tools with features that make trade execution fast and easy. These platforms are the Meta Trader 4 and Meta Trader 5 platforms from Metaquotes.

The Meta Trader 4 Platform

An advanced trading platform that makes the trading experience superb to say the least. Among its features include:

  1. Advanced and user-friendly technology.
  2. Gives the client access to all major trading instruments.
  3. Multicurrency and multilingual support to cater for everyone irrespective of where they are from.

The Meta Trader 5 Platform

This is another notable platform that will guarantee a client the best trading experience courtesy of its features and tools.

The features of this platform include:

  1. Allows all execution modes.
  2. Has an extensive range of order types.
  3. Works with a range of operating systems from the mac, ios, windows and also android.

Promotions

The following are the promotions being offered by FXTM brokers:

  1. 30% cashback on your initial deposit. This is an exclusive promotion for clients from south Asia.
  2. 10% bonus on your deposits and is exclusive for clients from the Middle East.
  3. 30% deposit bonus for clients from Africa.
  4. 30% bonus on deposit for clients from South East Asia.

Deposit And Withdrawal Methods

Deposit and withdrawal of your funds is totally hassle-free and clearly outlined for you to maneuver through it perfectly. Depositing of funds into your account has a lot of modes including Neteller, skrill,mastercard and visa among other modes recognized internationally. The funds will take only a maximum of 24 hours to reflect on your account.

Withdrawal also uses the same channels as deposits and will charge a fee of no more than 2% of the amount withdrawn. Most transactions will take a maximum of 24 hours to be effected but in some situations, it may take up to 48 hours.

BRIEFLY ABOUT FXTM

FXTM is a very credible trader that knows what is good for their clients. This is evident in their specially tendered services aimed to serve each client’s needs as well as having professionals on standby to offer help when needed. This is a recommendable site for trading for both novice and experienced traders.

Trading 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:
Forex1:1000
Metals1:500
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
30 лотов
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
40 %
Speed ​​of execution:
0.001 sec.
Commission:
Not
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:
Forex1:1000
Metals1:25
Stop Out:
40 %
Minimum position size:
0.01 лотов
Maximum position size:
1 лотов
Max. number of orders:
300
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Margin Call:
60 %
Speed ​​of execution:
0.001 sec.
Commission:
Not
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
  • Promotions
Entry to stock exchanges
  • NASDAQ (US)
  • NYSE (USA)
Stop Out:
20 %
Minimum position size:
0.01 лотов
Maximum position size:
10 лотов
Max. number of orders:
100
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Fixed
Decimal places:
4 characters
Margin Call:
40 %
Locked Margin level:
10 %
Speed ​​of execution:
0.01 sec.
Commission:
Not
Phone trading:
Not
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 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Instant Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
80 %
Speed ​​of execution:
0.001 sec.
Commission:
2 USD for 1 lot
Phone trading:
Not
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 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Yes
Spread type:
Floating
Decimal places:
4 characters
Locked Margin level:
50 %
Speed ​​of execution:
0.001 sec.
Commission:
Not
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 лотов
Maximum position size:
100 лотов
Max. number of orders:
Execution type:
Market Execution
Swap Free:
Yes
VIP Account:
Not
Spread type:
Floating
Decimal places:
4 characters
Margin Call:
40 %
Speed ​​of execution:
0.001 sec.
Phone trading:
Yes

Monitoring of FXTM's Pro account

FXTM spreads All spreads FXTM

Enable data feed
EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Live spread

N/AN/AN/AN/AN/AN/AN/AN/A
Average spread
for the past
30 days
Average spreadInterval:
N/AN/AN/AN/AN/AN/AN/AN/A

FXTM quotes All quotes FXTM

Enable data feed
EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Ask
N/AN/AN/AN/AN/AN/AN/AN/A
Offers
N/AN/AN/AN/AN/AN/AN/AN/A

FXTM swaps All swaps FXTM

EUR/USDGBP/USDUSD/CHFUSD/CADUSD/JPYAUD/USDNZD/USDEUR/AUD
Long
-11.5-12.74.50.23-5.1-1.4-11.9
Short
4.52.8-10.2-9.8-10.5-1.9-2.31.5

Contacts of FXTM

Представительство
Великобритания , ЛондонLloyd's Avenue, 5
show on the map
+44 203 734 22 55Локальный телефон

Recent customer reviews of FXTM

Ringo 26 November 2020

Advantages: Everything's good

Disadvantages: None as of the moment

Comment: Been trading at FXTM for about 2 months now. No complaints so far, their trading platform is very easy to navigate, yet packed with very powerful tools. The charting on their website is one of the best, and data is perfectly synced in the MT4 platform. Also, customer service is of high quality. Staff members are very professional - they really know what they’re doing. They’ve always been helpful, from the onboarding process to withdrawing funds from my trading account. Couldn’t ask for a better service from a broker.

Comment
Add a COMMENT
Treng 09 November 2020

Advantages: FXTM Invest

Disadvantages: None

Comment: Reliable Forex broker. I’m very satisfied with FXTM’s trading service, especially with their FXTM Invest. This is their copy trading platform that allows inexperienced traders to profit in the Forex market. All you have to do is to look for reliable professional traders who will do the trading for you. I’ve been doing this since last year, and have been really profitable. Of course it’s still better to trade on your own, but while you’re still learning the ins and outs of trading, you may opt for copy trading for now.

Comment
Add a COMMENT
Jet 30 October 2020

Advantages: Good overall

Disadvantages: None

Comment: Really nice Forex broker! I’ve been trading with FXTM for 4 months. I don’t think I’ve ever faced any issue in execution, my orders are executed in no time all the time. Plus, they’ve got really cool contests and promos! I’m planning to be a part of their IB program cos I have a few friends who are interested in them as well.

Comment
Add a COMMENT

FXTM news & press-releases

All news FXTM
20 NOVEMBER, 2020
FXTM trading schedule for US Thanksgiving Day 2020

Please note that in observance of the upcoming US Thanksgiving Day holiday from November 26-27 2020, there will be temporary changes to FXTM’s trading schedule.Kindly refer to the table below for the schedule of all the inst ...

Read more
13 NOVEMBER, 2020
Trade major pairs with zero spreads

As part of FXTM’s commitment to helping our clients get more from the markets, we’re pleased to offer even better pricing.You can now trade the EURUSD and GBPUSD with zero spreads and ultra-low commission on our ECN MT4 and ...

Read more
30 OCTOBER, 2020
FXTM trading schedule for National Unity Day in Russia 2020

Please note that in observance of the upcoming National Unity Day holiday in Russia on November 4 2020, there will be temporary changes to FXTM’s trading schedule.Kindly refer to the table below for the schedule of all the i ...

Read more

FXTM analisis & forecasts

All analysis FXTM
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 ...

Read more
02 MAY, 2017
Sterling dragged back into the spotlight

The potential threat of complications and confrontations during Brexit negotiations could rekindle hard Brexit fears and expose Sterling to downside risks this quarter. Some difficulties have already materialized in the earl ...

Read more
02 MAY, 2017
Markets mixed despite VIX hitting a decade low

After returning from a long weekend, equity investors seem undecided on whether to be bullish or bearish. Stocks across Asian markets were mixed on Tuesday despite the CBOE Volatility Index hitting its lowest levels in a dec ...

Read more

FXTM webinars and seminars

13:22 15 APRIL, 2019
Touch Down in Cape Town

    About the Event Our South Africa-focused series of events – Touchdown in Cape Town: The Big Wave – ...

13:22 15 APRIL, 2019
FXTM Touch Down in Cape Town

    About the Event Our South Africa-focused series of events – Touchdown in Cape Town: The Big Wave – ...

13:21 15 APRIL, 2019
The Gift of Online Trading

  About the Event Discover the secrets of trading the online financial markets from a seasoned trader.* The Gift of Onlin ...

FXTM bonuses, contests and promotions

All bonuses, promotions, contests FXTM
Offer type : Bonuses(until 30.09.2019)
30% Welcome Bonus - FXTM

CySec-regulated broker FXTM is welcoming its new clients with a 30% welcome bonus!  If you are planning to switch to another broker, you should ...

Offer type : Promotions(until 03.02.2019)
Double Loyalty Cashback - FXTM

FXTM has taken its cashback program to the next level! With its Double Loyalty Cashback, clients will receive double cashback on orders placed through ...

Offer type : Bonuses(until 30.06.2019)
30% Welcome Bonus - FXTM

To welcome new clients, FXTM is giving away a 30% welcome bonus! The bonus aims to give new clients more trading opportunities! With a minimum depos ...

FXTM is often compared with

EXNESS
Compare
Alpari
Compare
HotForex
Compare
Forex.com
Compare
LiteForex
Compare
FxPro
Compare
Dukascopy Europe
Compare
AVATrade
Compare
IC Markets
Compare
eToro
Compare

Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.