FXTM is a well-established broker since 2011. FXTM has headquarters in Belize, Cyprus, Mauritius, South Africa and United Kingdom. They are generally well-suited for FXTM to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by CySEC 185/12, FCA (UK) 777911, FSC (Mauritius) C113012295 and FSCA (South Africa) 46614.

This multi-jurisdictional arrangement allows FXTM to differentiate its offerings depending on the region the trader is in. Keep in mind that getting regulated is not easy, so the fact that ForexTime has been successfully regulated in several jurisdictions is amazing.

As a result, thanks to the FCA license, FXTM can provide client deposit protection of up to £85,000. Through the CySEC license, the broker is able to reward depositors who lose their account deposits due to the failure of regulated companies up to €20,000 or 90% of the investor's claims covered. Clients with this broker also enjoy negative balance protection, so losses should not be greater than the initial deposit.

FXTM, or more commonly known as “ForexTime” has been operating since 2011. Therefore, FXTM has a significant track record and reputation for security in terms of protecting and promising good performance.


Company Information

Website
www.forextime.com

Established
2011

Country
Belize, Cyprus, Mauritius, South Africa and United Kingdom

Regulation
CySEC 185/12
FCA (UK), 777911
FSC (Mauritius), C113012295
FSCA (South Africa), 46614

Features

Bonus offers

Trading contests

Free education

Personal manager

Trading by telephone

Segregated accounts

Affiliate program

Islamic accounts available

Account Information

Apart from the forex demo account, this broker offers FXTM ECN, Standard, Cent, ECN Zero, FXTM Pro and ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FXTM is up to 1:2000. Meanwhile, you can open an account with a starting capital of $10

FXTM offers 6 different account types:

  • FXTM ECN: To qualify as FXTM ECN investor, you need to deposit a minimum of $500 and a minimum lot size of 0.01. Spreads are variable with advanced features including Expert Advisors, trailing stop, pending orders, one-click trading, and browser-based platform. Although this account allows scalping and hedging, rollover or swap rates will also apply to positions carried overnight.
  • Standard: The minimum deposit for Standard accounts is $100. The minimum trade size is 0.01 lots. Standard’s spreads are variable. The account does allow for Expert Advisors, hedging, along with scalping. It also offers advanced features including trailing stop, pending orders, one-click trading, and a browser-based platform. On the downside, it charges swap rates for positions held overnight.
  • Cent: The minimum deposit at Cent account is $10 with minimum trade strat from 0.01 lots. The account offers fixed spreads, trailing stop, pending orders, one-click trading, and a browser-based platform. Cent suits advanced trading styles with Expert Advisors, hedging, and scalping capabilities but it also charges swap fees on positions that are carried over into the next day.
  • ECN Zero: ECN Zero account has a $200 minimum deposit requirement, variable spreads, a minimum transaction size of 0.01 lots. It also allows hedging, scalping, and Expert Advisors, plus additional features such as trailing stop, pending orders, one-click trading, and browser-based platform. There’s also an overnight rollover fee (swap).
  • FXTM Pro: $2500 initial deposit, variable spreads, and operate with a minimum order level of 0.01 lots. FXTM Pro offers the following added benefits, including trailing stop, pending orders, one-click trading, browser-based platform, as well as permission to use hedging and scalping strategy. The account charges swap rates for positions held overnight.
  • ECN: Clients can deposit funds with a minimum of $500. ECN offers variable spreads and a minimum trade of 0.01 lots. Highlights of this account include trailing stop, pending orders, one-click trading, and a browser-based platform.

If you want to look for a more simple explanation regarding this broker's account type(s), take a loot at the following chart:


pin

Minimum Deposit

$10

pin

Maximum Leverage

1:2000

pin

Spread

Variable and Fixed

pin

Commission

$2


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Fees

The spreads are high, for example, the EUR/USD is 2.0 pips with the company's Advantage Plus Account. For Micro Account, live spreads are around 2.2 pips. However, this falls to a minimum of 0 pips with the ECN-style account FXTM Advantage. Fees and costs of CFD instruments such as commodities, individual stocks, and equity indices are average for the industry. FXTM charges a $5 monthly inactivity fee on accounts that have been dormant for a period of at least six months before this fee will be imposed. Overnight swaps, or rollover rates, are charged although FXTM also offers swap-free trading.

Instruments Traded

Besides lots of currency pair, FXTM also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Futures for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FXTM offers clients access to the following financial markets:

  • More than 57 currency pairs and crosses, including exotic currencies.
  • Spot gold and spot silver.
  • Only energies offered; both types of crude oil and natural gas.
  • 11 major equity indices, offered from approximately 10 developed nations (no emerging markets are included within the selection).
  • 4 major cryptos paired with the USD.
  • 120 major U.S. shares may be traded as certificates for deposit
  • Other interesting indexes added by FXTM include a green index, a social index, a mobile index, and a vegan index.

As for FXTM ECN account, FXTM specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:500

Futures

Futures
1:500


Minimum Deposit $100

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Fees

The spreads are high, for example, the EUR/USD is 2.0 pips with the company's Advantage Plus Account. For Micro Account, live spreads are around 2.2 pips. However, this falls to a minimum of 0 pips with the ECN-style account FXTM Advantage. Fees and costs of CFD instruments such as commodities, individual stocks, and equity indices are average for the industry. FXTM charges a $5 monthly inactivity fee on accounts that have been dormant for a period of at least six months before this fee will be imposed. Overnight swaps, or rollover rates, are charged although FXTM also offers swap-free trading.

Instruments Traded

Besides lots of currency pair, FXTM also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Futures and Cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FXTM offers clients access to the following financial markets:

  • More than 57 currency pairs and crosses, including exotic currencies.
  • Spot gold and spot silver.
  • Only energies offered; both types of crude oil and natural gas.
  • 11 major equity indices, offered from approximately 10 developed nations (no emerging markets are included within the selection).
  • 4 major cryptos paired with the USD.
  • 120 major U.S. shares may be traded as certificates for deposit
  • Other interesting indexes added by FXTM include a green index, a social index, a mobile index, and a vegan index.

As for Standard account, FXTM specifically provides it with the following instruments and leverage:


Forex

Forex
1:2000

Gold & silver

Gold & silver
1:1000

Futures

Futures
1:1000

Cryptocurrencies

Cryptocurrencies
1:3


Minimum Deposit $10

Minimum Position 0.01 lot

Spread Fixed

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Fees

The spreads are high, for example, the EUR/USD is 2.0 pips with the company's Advantage Plus Account. For Micro Account, live spreads are around 2.2 pips. However, this falls to a minimum of 0 pips with the ECN-style account FXTM Advantage. Fees and costs of CFD instruments such as commodities, individual stocks, and equity indices are average for the industry. FXTM charges a $5 monthly inactivity fee on accounts that have been dormant for a period of at least six months before this fee will be imposed. Overnight swaps, or rollover rates, are charged although FXTM also offers swap-free trading.

Instruments Traded

Besides lots of currency pair, FXTM also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Futures for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FXTM offers clients access to the following financial markets:

  • More than 57 currency pairs and crosses, including exotic currencies.
  • Spot gold and spot silver.
  • Only energies offered; both types of crude oil and natural gas.
  • 11 major equity indices, offered from approximately 10 developed nations (no emerging markets are included within the selection).
  • 4 major cryptos paired with the USD.
  • 120 major U.S. shares may be traded as certificates for deposit
  • Other interesting indexes added by FXTM include a green index, a social index, a mobile index, and a vegan index.

As for Cent account, FXTM specifically provides it with the following instruments and leverage:


Forex

Forex
1:1000

Gold & silver

Gold & silver
1:1000

Futures

Futures
1:1000


Minimum Deposit $200

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Fees

The spreads are high, for example, the EUR/USD is 2.0 pips with the company's Advantage Plus Account. For Micro Account, live spreads are around 2.2 pips. However, this falls to a minimum of 0 pips with the ECN-style account FXTM Advantage. Fees and costs of CFD instruments such as commodities, individual stocks, and equity indices are average for the industry. FXTM charges a $5 monthly inactivity fee on accounts that have been dormant for a period of at least six months before this fee will be imposed. Overnight swaps, or rollover rates, are charged although FXTM also offers swap-free trading.

Instruments Traded

Besides lots of currency pair, FXTM also offers some instruments you would like to trade on, such as Forex for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FXTM offers clients access to the following financial markets:

  • More than 57 currency pairs and crosses, including exotic currencies.
  • Spot gold and spot silver.
  • Only energies offered; both types of crude oil and natural gas.
  • 11 major equity indices, offered from approximately 10 developed nations (no emerging markets are included within the selection).
  • 4 major cryptos paired with the USD.
  • 120 major U.S. shares may be traded as certificates for deposit
  • Other interesting indexes added by FXTM include a green index, a social index, a mobile index, and a vegan index.

As for ECN Zero account, FXTM specifically provides it with the following instruments and leverage:


Forex

Forex
1:2000


Minimum Deposit $25000

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Fees

The spreads are high, for example, the EUR/USD is 2.0 pips with the company's Advantage Plus Account. For Micro Account, live spreads are around 2.2 pips. However, this falls to a minimum of 0 pips with the ECN-style account FXTM Advantage. Fees and costs of CFD instruments such as commodities, individual stocks, and equity indices are average for the industry. FXTM charges a $5 monthly inactivity fee on accounts that have been dormant for a period of at least six months before this fee will be imposed. Overnight swaps, or rollover rates, are charged although FXTM also offers swap-free trading.

Instruments Traded

Besides lots of currency pair, FXTM also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FXTM offers clients access to the following financial markets:

  • More than 57 currency pairs and crosses, including exotic currencies.
  • Spot gold and spot silver.
  • Only energies offered; both types of crude oil and natural gas.
  • 11 major equity indices, offered from approximately 10 developed nations (no emerging markets are included within the selection).
  • 4 major cryptos paired with the USD.
  • 120 major U.S. shares may be traded as certificates for deposit
  • Other interesting indexes added by FXTM include a green index, a social index, a mobile index, and a vegan index.

As for FXTM Pro account, FXTM specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:200


Minimum Deposit $500

Minimum Position 0.01 lot

Spread Variable

Scalping

Expert Advisors

Trailing stop

Pending orders

One-click trading

Browser-based platform

Fees

The spreads are high, for example, the EUR/USD is 2.0 pips with the company's Advantage Plus Account. For Micro Account, live spreads are around 2.2 pips. However, this falls to a minimum of 0 pips with the ECN-style account FXTM Advantage. Fees and costs of CFD instruments such as commodities, individual stocks, and equity indices are average for the industry. FXTM charges a $5 monthly inactivity fee on accounts that have been dormant for a period of at least six months before this fee will be imposed. Overnight swaps, or rollover rates, are charged although FXTM also offers swap-free trading.

Instruments Traded

Besides lots of currency pair, FXTM also offers some instruments you would like to trade on, such as Forex and Gold & silver for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

FXTM offers clients access to the following financial markets:

  • More than 57 currency pairs and crosses, including exotic currencies.
  • Spot gold and spot silver.
  • Only energies offered; both types of crude oil and natural gas.
  • 11 major equity indices, offered from approximately 10 developed nations (no emerging markets are included within the selection).
  • 4 major cryptos paired with the USD.
  • 120 major U.S. shares may be traded as certificates for deposit
  • Other interesting indexes added by FXTM include a green index, a social index, a mobile index, and a vegan index.

As for ECN account, FXTM specifically provides it with the following instruments and leverage:


Forex

Forex
1:2000

Gold & silver

Gold & silver
1:500

Payment Methods

Clients can deposit funds with no fees through Neteller, Skrill, Western Union, and WebMoney. Major credit cards are also accepted, and bank transfers can also be used. To withdraw profits, clients must use the same method that deposits are made through. Unfortunately, the broker charges withdrawal fees. The most notable fees average to about $3 for withdrawal by credit card and about $20 for bank transfers.

Multiple payment options are available below:

Bitcoin : As a payment method, Bitcoin is reliable for its low cost and quick process. Brokers have been integrating Bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

FXTM also provides payment with Credit/debit cards, DIXIPAY, Perfect Money, UnionPay and Yandex.Money




Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, FXTM offers you MetaTrader 4 (Limited with 60 days) and MetaTrader 5 (Limited with 30 days).

  • MT4: Although it no longer enjoys technical support from MetaQuotes, MetaTrader 4 remains the standard retail Forex/CFD trading platform because it is relatively easy to use and intuitive. MetaTrader 4 allows hedging. Unfortunately, the program created for MetaTrader 4 is not compatible with MetaTrader 5.

metatrader 4

  • MT5: if you are familiar with MetaTrader 4, then you will not find much difficulty in using MetaTrader 5. The difference is, MetaTrader 5 does not allow hedging. It uses the MQL5 programming language which is more advanced than MQL4 so programs written for MetaTrader 5 are not compatible with MetaTrader 4. MetaTrader 5's backtest function is superior to MetaTrader 4. It can also perform multiple simultaneous backtests on more than one asset.

metatrader 5

 

Unique Features

FXTM has two outstanding features, namely licensing from two major industrial centers that enjoy a high level of regulatory protection (the United Kingdom and Cyprus) and FXTM Invest, which is FXTM's copy trading program.

FXTM Invest is a copy trading program that allows customers to copy trades from selected Strategy Managers. There are over 600 Strategy Managers for clients to choose from. The Strategy Manager is paid from the net profit on the trades the customer chooses to copy, which is taken from the profit in the copier account. Strategy Managers can set their own fee percentage up to a 50% cap. FXTM clients can become trading copiers for as little as $100.

 

Research and Education

FXTM provides clients a range of educational resources for beginners and experts through the following subsections:

  • eBooks
  • Forex Trading Seminars: held around the world, scheduled once per week
  • Forex Trading Webinars: conducted in a variety of languages and scheduled at a rate of approximately three each week
  • Forex Glossary
  • What is Forex
  • Beginners Guide to Forex Trading
  • Forex Trading Strategies
  • Short Forex Educational Videos
  • Education Videos
  • Education Articles
  • Periodic Table: a glossary of investment terms built in an unusual and fun style.

 

Bonuses and Promotions

FXTM offers its loyal clients frequent promotions and a continuous cashback program. At the time of writing, there is a refer-a-friend bonus to assist with its marketing efforts. Existing clients can earn $50 along with every single friend or family member that they bring to FXTM. By using a personalized referral links, clients may earn all the way up to $10,000. A minimum deposit, as outlined under Compare Account and FXTM Invest, where applicable, is mandatory. After the referred trader executes 10 standard lots, both accounts, the referrer, and the referee will receive a $50 bonus.

Customer Support

Do you have any question or find any trouble related to FXTM? If you do, you should reach FXTM's support to get the information that you need. Here is the detail of the broker's customer support:

FXTM offers multilingual customer support including China, India, Indonesia, Malaysia, Nigeria, South Korea and Thailand, 24/5. Traders can contact a rep at different departments in several international locations via email of telephone. Live chat is also available.

Website Languages

Arabic
Chinese
Czech
English
French
Hindi
Indonesian
Italian
Korean
Malay
Persian
Polish
Russian
Spanish
Thai
Turkish
Urdu
Vietnamese

Office
Support

Email
Support

Call
Support

Chat
Support

Extensive Review

FXTM was initially launched in 2011 with a unique vision to provide unparalleled superior trading conditions. Opening an account in FXTM would also bring about access to advanced education and sophisticated trading tools in the forex industry.

Now, FXTM is registered under the Financial Conduct Authority of the UK with the number 600475. The company is also regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, and is licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614

FXTM has 1 million registered accounts with more traders joining every day. The company continually tries to improve their performance and have got many awards such as Best Trading Experience 2019 by World Finance Awards, Best Online Forex Trading Company Nigeria 2018 by International Finance Awards, Reputable Investor Education Forex Broker Award 2018 by Hexun.com, Forex Brand Of The Year China 2018 by Fxeye.Com, and many more.

As a responsible broker, they determine leverage (expressed as a ratio of transaction size relative to trader's buying power) according to the trader's level of knowledge and experience in trading, which is evaluated by the Appropriateness Assessment. The company also enables trading with leverage up to 1:1000.

As for spreads, FXTM offers low spreads starting from 0.1 pip, so traders can withdraw profits at the start of trading. The company, which has headquarters in several countries, uses No Dealing Desk (NDD) technology and partners with credible liquidity providers to provide the best bid and ask prices.

For beginners, there is an automatic trading facility called algorithmic trading provided. When trading in FXTM, traders can develop their trading strategy or adopt other traders' strategies. Furthermore, the strategy is applied to automated trading systems, such as Expert Advisors. The purpose of this system is traders do not have to worry about losing opportunities while not observing the market so that profits can still be earned.

Three types of ECN accounts use the MT4 and MT5 trading platforms. There are also mobile and Tablet Apps trading platforms. Aside of providing many account variants, FXTM goes above and beyond to ensure that their client receives excellent support that they deserve, making their trading experience optimal and user-friendly.

FXTM also provides a diverse range of products. In addition to over 50 currency pairs, they provide gold, silver, CFD on commodity futures (oil), CFD on ETFs, and indices.

Education about the basic concepts of the forex industry is also accessible in this broker. Traders can read all the concepts provided in the form of e-books, video tutorials, articles, webinars, and forex seminars. There are 17 languages provided on the FXTM website to make it easier for traders to learn about forex.

Traders are also given various choices for payment methods, including Credit Cards (Visa, Mastercard, Maestro) and E-Wallet (Neteller, Skrill, Western Union). For withdrawing funds, traders are not charged a fee with a length of 2 hours to 2 days. Traders can live chat to ask further questions and contact the admin via email. There is also a question and answer page about forex trading on FXTM.




FAQ About FXTM


Is FXTM a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FXTM is a good broker for you or not by reviewing the criteria. In general, FXTM provides trading service in Forex , Gold & silver , CFD , Oil , Futures and Cryptocurrencies . As for the payment methods, you can choose between Bitcoin, Credit/debit cards, DIXIPAY, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire transfer and Yandex.Money. The customer support is available via Callback, Email, Live chat, Office, Phone and Web form.


What is the minimum deposit for FXTM?

The starting capital in FXTM is $10.


Is FXTM regulated?

FXTM is regulated by CySEC 185/12, FCA (UK) 777911, FSC (Mauritius) C113012295 and FSCA (South Africa) 46614. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Is FXTM legit?

FXTM is a brokerage company offering trading services for clients since 2011 with offices in Belize, Cyprus, Mauritius, South Africa and United Kingdom.


Give Your Review and Rate This Broker


These aspects are optional but will determine your review's reliablity


19 Reviews

WAHYUDI
This review is not supported by evidence

Jul 27 2020

I registered with fxtm with the name wahyudi

then fxtm agreed to verify my KTP with the name wahyudi

then I deposited with perfectmoney with the name wahyudi

then I traded, and I after there was a slight profit

I want to withdraw

 

BUT!!! when I want to withdraw, fxtm refuses to verify my perfectmoney named wahyudi, they deliberately refuse to verify my perfectmoney, so my money can't be withdrawn, fxtm refuses with a variety of unreasonable reasons.

be careful trading with fxtm, this broker is Fraud! Fxtm never intends to pay.

Dianne
This review is not supported by evidence

Jul 27 2020

Pro

  • Deposit and withdraw quickly, can be with a bank transfer through an intermediary site, good in this case

Cons

  • Why does it feel like the spread is high? Even it is not in a state of volatility
  • the profit is also not in accordance with the pips even though there is no swap, I'm confused

Rayner Lkea
This review is not supported by evidence

Jul 27 2020

Very disappointed when trading on fxtm, the candlestick chart is not the same as the default mt4 chart.

Because of that, I got hit by an MC. It's not about the money, it's about trust. Please improve your service immediately. I only trade a small amount yet still cheated. Can't imagine if I deposit a big amount of money. My... my... 

Sicilia RZ
This review is not supported by evidence

Jul 27 2020

Hi admin, I am new to forex and try to open a demo account on FXTM.

I find it very useful, they provide a forex video tutorial for a newbie like me. thank you FXTM.

Jay
This review is not supported by evidence

Jul 27 2020

I trade with 2 brokers, one of them is FXTM. I have been trading on FXTM for 1 year, a little of my experience on the FXTM ECN account:

  • open close free position (there are no rules for minutes / pips)
  • fast execution
  • depo instant withdrawal
  • fast response from CS / ASM FXTM every time there are obstacles in trading.

So far there is no problem with FXTM in terms of trading, deposit & withdrawal :)

Geoffrey
This review is not supported by evidence

Jul 24 2020

I just traded on fxtm but it was very disappointing.

I took the GBP position, early in the morning the price dropped dramatically to 1.20209.

I check my account on another broker, it hits the take profit. Which made me feel weird because on fxtm the price is up to 1.14677, so my account was negative. When I calculated, my account balance supposed to still strong, but in reality, my account is in minus. 

Jeanice Goi
This review is not supported by evidence

Jul 24 2020

Hi, just want to share about MT4 trading on fxtm, it's been around 7 months and during that time, I've never experienced freeze on its mt4. Nice job. And for my account manager, thanks for the support

Mary
This review is not supported by evidence

Jul 24 2020

Withdrawal in fxtm via fasapay is very fast! Like cooking an instant noodles XD

For those who don't like to wait, withdrawal in fxtm is very recommended

Hardy Tn
This review is not supported by evidence

Jul 24 2020

I think this broker deserves a value of 8, especially for its customer service and WD DEPO services. Success for FXTM

Adriana Nella
This review is not supported by evidence

Jul 24 2020

FXTM is not the only broker I use, but I could say that this is the best. When NFP released, my account at another broker is crashed, it couldn't be executed. There was a completely dead, just can't log in. like how to trade news :)

but on the contrary, my FXTM ECN platform is still running normally even in a hectic market condition. FXTM ECN account is very reliable for scalping.

Halim K
This review is not supported by evidence

Jul 24 2020

Just a little experience, for those who like Scalping, ECN accounts on fxtm is recommended. It has a fairly low spread and execute on MT4 very fast. This is what I like. 

Pretchavvan Sajmanoo
This review is not supported by evidence

Jul 24 2020

A little testimonial for FXTM. Yesterday, I withdraw on cent account, in 10 Minutes, the fund already landed on my Fasapay account.

Geekie Boii
This review is not supported by evidence

Jul 24 2020

Thanks God, cent accounts at FXTM are gradually growing. I'm using FXTM Cent accounts including Nano (can open 0.01 positions and maximum OP to 300 open positions) is not bad for those who use EA

John M
This review is not supported by evidence

Jul 24 2020

Excellent support. 2 thumbs up for the FXTM account manager, fast response either by telephone or by email.

Charlie Chiaky
This review is not supported by evidence

Jul 24 2020

I traded on FXTM for 6 months with an Ecn Zero account with a leverage of 1: 1000.

My experience using Ecn Zero: fast execution, stable server, spreads starting from 0.5

I rarely encounter requotes and slippage on FXTM. Overall, FXTM is good for me.

Rommel Djay
This review is not supported by evidence

Jul 24 2020

I have accounts at 4 brokers, one of them at FXTM. At FXTM, I use an ECN account because I can use any technique there. I am satisfied with the very fast execution and spread on FXTM ECN is relatively small. FXTM is recommended in terms of support, MT4 platform, and spreads

Linda Silverstein
This review is not supported by evidence

Jul 24 2020

FXTM broker is quite good in my opinion, specifically for customer support and my account manager who has been very helpful to me when there are problems with my account. thanks FXTM

Gerdino Jacqueille
This review is not supported by evidence

Jul 24 2020

It turns out that FXTM has many types of accounts: ECN, Standard, ECN Zero, Strategy, Pro Account, etc. There are many trading and investment instruments such as forex, precious metals, Stock CFDs, ETF CFDs and Commodity CFDs. Its trading features are easy and very helpful, for example, free of swaps and without commissions and without any hospitalization fees or fees except for very small spreads.

A few months ago I traded with a capital of USD 400, and within 1 month I reached a profit of up to USD 16,000. Again, I also really experience FXTM, this international broker based in Cyprus is very responsible and takes into account the interests of its clients and traders.

Yesterday morning, I was shocked that gold fell and the account had lost USD 1,368.80 due to Error Quotes. But in the afternoon, I got an email from the FXTM Compliance Dept. and a number of illicit loss (forbidden and undesirable losses) that I suffered turned out to get compensation in the form of compensation a refund of USD 1,368.80.

This is very impressive, and this is the first time I've experienced it. Thanks FXTM. Proficiat for new offices in the UK. GBU.

Sigit W
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Jul 24 2020

In real trading, I often experience Slippage, and there is always a widening of the spread, for example in GBP / USD the spread often widens to 60-70. And I have experienced it myself. I hope this will be useful info for other traders. Regards.