FXTM, with its headquarters in Cyprus, is a forex broker established in 2011. Despite being new in the industry, FXTM has already two awards “Best Newcomer 2013” and “Fastest Growing Forex Broker”. FXTM is regulated by the Cyprus Securities and Exchange Commission, licensed by the Financial Sector Conduct Authority (FSCA). The company is also registered with the Financial Conduct Authority of the UK.
Commodities like forex, CFDs on Commodities/Indices, Metals and as of January 2018 cryptocurrencies, are offered to be traded. Minimum deposit required is $10 and leverage is offered based on your knowledge, experience and country of residence. Spreads and commissions depend on the Account type you choose, starting from 0.1 pips. You can download trading platforms MT4 and MT5 directly on your PC, MAC, mobile or tablet which ensures instant execution. Customer service is available via live chat, email, telephone and social media and you can view the website in 18 languages.
Deposits to FXTM can be made via wire transfers, credit cards, debit cards, Neteller, Skrill, CashU and other e-wallets. Note that withdrawals are limited and requires contacting the offices. Ideal for trading professionals, institutional traders and hedge fund managers alike, with FXTM Pro account. Nonetheless, beginners can dive in starting with basic accounts and education provided in the website.
Broker details
Head-quarters: Cyprus
Contact: 0035725558777
Official website: forextime.com
Email: [email protected]
Established since: 2011
Why trade with FXTM
• Generous promotions
• Tutorials and webinars
• User-Friendly Website
• Regulated and safe
Disclaimer
80%
of retail investor accounts lose money when trading CFDs with this provider.
Account specifications
| About | Details |
|---|---|
| Tradable Instruments | Forex, CFDs on Stocks, Commodities, Indices, Copy Trading |
| Demo Available | Yes |
| Payment Methods Available | Bank Transfer, Credit, Debit Cards, Skrill, Neteller, Western Union |
| Hedging | Available |
| Scalping | Available |
| Account Currencies | USD, GBP, EUR |
| Regulated by: | CySEC, FCA, FSC |
Cryptocurrency trading is available for clients under Exinity Limited
Trading specifications
| About | Details |
|---|---|
| Standard Minimum Account Size | 10$ |
| Standard Minimum Position Size | 0.1 Lot |
| Spread Type | Variable, Fixed |
| Standard Maximum Leverage | Leverage is offered based on your knowledge, experience and country of residence |
| EUR/USD Spread pips | 0.1 |
| Execution Type | Instant Execution, Market Execution |
| Number of Currency Pairs | 63 |
| Trading Options | NDD |
Trading platforms
| About | Details |
|---|---|
| Platforms supported | MetaTrader 4, MetaTrader 5, FXTM Trader |
| Mobile | Android, iOS |
Support service
| About | Details |
|---|---|
| Support Services | Email, Live Chat, Phone |
| Languages Supported | Chinese, Czech, Arabic, French, Hindi, Indonesian, Polish, Spanish, Italian, Persian, Korean, Malay, Russian, Thai, Urdu, Vietnamese |
