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”. Forextime is regulated by CySEC and FSCA is registered with several regulatory bodies.
Commodities like forex, CFDs on Commodities/Indices, Metals and as of January 2018 cryptocurrencies, are offered to be traded. Minimum deposit required is $5 and maximum leverage provided is 1:1000. 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.
|Tradable Instruments||Forex, CFDs on Stocks, Stocks,Commodities, Indices|
|Payment Methods Available||Bank Transfer, Credit, Debit Cards, Skrill, Neteller, Western Union|
|Account Currencies||USD, GBP, EUR|
|Regulated by:||CySEC, FSCA, FCA, FSA|
|Standard Minimum Account Size||10|
|Standard Minimum Position Size||0.1 Lot|
|Spread Type||Variable, Fixed|
|Standard Maximum Leverage||1:30|
|EUR/USD Spread pips||0.1|
|Execution Type||Instant Execution, Market Execution|
|Number of Currency Pairs||63|
|Trading Options||Market Maker, STP, ECN|
|Platforms supported||MetaTrader 4, MetaTrader 5, FXTM Trader|
|Support Services||Email, Live Chat, Phone|
|Languages Supported||Chinese, Czech, Arabic, French, Hindi, Indonesian, Polish, Spanish, Italian, Persian, Korean, Malay, Russian, Thai, Urdu, Vietnamese|