FXTM Review
FXTM review conducted by professional’s traders at Topforexbrokers.com to know all about FXTM broker beforehand open trading account with this broker or agent. In this review you will know about trading platforms, minimum deposit, spreads, deposit and withdrawal methods and how to open free demo account with FXTM forex broker.
FXTM Review by Topforexbrokers.com
FXTM is an abbreviation for ForexTime.com, which is a novel platform to the world of forex investing, having single arrived on the scene in 2012 as the idea of Andrew Dashin, who is the forefather of Alpari, a famous line of brokerage companies.
Andrew Dashin has been applying his time to developing forex trading in the United States and Europe since 1998. His latest venture is FXTM which he intended to exploit on every other marketplace.
The FXTM forex broker is possessed and operated by its field company FT Global Services Ltd and is founded in Cyprus and Belize where it is supervised by the strict financial regulatory agency recognised as the International Financial Services Commission (IFSC) in Belize and Cyprus Securities Exchange Commission in Cyprus. In South Africa, FXTM’s financial activities are supervised and controlled by the FSB or Financial Service Board.
Along with providing the most prevalent forex pairs for trading, FXTM forex broker delivers options on a variation of financial assets and instruments that comprise Exchange Traded Funds and Contracts for Difference on stocks, spot metals, indices and commodities.
The broker has swiftly become one of the wildest increasing brokers in the industry with offices around the world and head office in the FXTM Tower in Cyprus. The corporation plans to open a new office in the core of Europe’s trading capital of UK, London.
FXTM is an all-inclusive brokerage for both experienced and novice traders where traders will find each tool them essential to research, track and place trades in a variety of financial marketplaces.
The FXTM trading platform is not presently presented for traders based in the US, Saskatchewan, British Columbia, Japan or Quebec.
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Features
The FXTM trading platform offers depositors everything they essential to research and conduct trading of a crowd of financial assets and instruments in a variety of marketplaces around the globe. The FXTM website is user approachable and all-inclusive and includes the following facilities:
- Trading of over 250 financial instruments and assets that comprise ETFs and CFDs on a wide variety of assets, comprising futures, forex, commodities and valuable metals.
- Deep liquidity with banks make sure quick execution and tight spreads.
- Flowing news feeds, progressive charting tools, email alerts and mobile alerts and social trading features and trading signal payment option.
- No Dealing Desk standard with eight classifications for ECN/STP trading stratagems for expert trading accounts and SWAP-free option that is presented for all types of account.
- Direct connection to valuing through the NASDAQ and NYSE for Shares Account.
- Scalping and Hedging strategies of trading are allowable.
- Small minimum deposits and over 30 payment possibilities with no deposit fees.
- Expert account management team committed to excellence customer services.
- Strictly regulated in numerous jurisdictions by the IFSC, FSB and CySEC.
- Educational Center that offers webinars, free videos, seminars, free training courses and expert commentary.
- Numerous trading platforms, comprising MT5 and MT4 for PCs, Macs, iOS, Smartphones and Androids, as well as WebTrader.
- Demo and Live contests and promotions on an ordered basis.
- Platform presented in an extensive variety of languages with more added commonly.
- Quality multilingual customer support services presented 24/7 through online chat, email or telephone.
- Segregated customer funds in topmost banks.
Trading Platforms
FXTM Metatrader4 Download for Mobile Apps, MACs and PCs
MT4 is the most commonly used trading platform and has come to be the forex industry standard. Its user approachable interface and valued tools have gathered a large following of traders who want to usage the platform in combination with other trading platforms to maximize trading actions and success.
FXTM Metatrader5 for Mobile Apps, MACs and PCs
The MT5 trading platform is an advanced version of the Metatrader4 platform and is another commonly used platform for trading forex pairs and other monetary assets in a variety of marketplaces.
Mobile App
FXTM’s trading platform is presented in mobile apps intended for tablets, iPhones and Androids.
Languages
The FXTM trading platform is presented in an extensive variety of over 18 languages that comprise those most commonly spoken in Europe, Asia and the Middle East, comprising but not limited to Spanish, English, French, Hindi and Czech with new languages normally being added.
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FXTM Account Types
By means of the No Dealing Desk trading model, FXTM offers eight different types of trading accounts made on Straight through Processing (STP) and Electronic Communications Network (ECN) trading models. Account types are Cent, Standard, Shares, ECN MT5, ECN, ECN Strategy, ECN Zero and FXTM Pro Accounts.
Cent Account
Dealer who open Cent Accounts with FXTM will relish immediate execution, fixed leverage from 1:1000, tight floating spreads (dependent on market situations), as well as a swap-free option and cent lots. Cent Accounts are presented in EUR cents, USD cents and GB pence and necessitate a minimum deposit of simply $5 for EUR/ GBP/USD.
Standard Account
FXTM’s Standard Account permits hedging and provides no hidden commissions, quick execution, floating leverage up to 1:1000 (that can change due to regulations forced in your particular country of dwelling), tight spreads (reliant on market situations). For traders based in Poland, maximum leverage delivered is 1:100. Standard Accounts are presented for USD, GBP and EUR and a SWAP-free option for Islamic traders is presented.
Shares Account
FXTM’s Shares Account provides traders margins from 3 percent with instant execution on over 180 United State equity shares, not any commissions and are presented in EUR, USD and GBP. Share Accounts permit a SWAP-free option and hedging for Islamic traders is available.
ECN MT5 Account
FXTM’s trading platform comprises tight floating spreads (reliant on market situations), market execution, floating leverage up to 1:1000, trading signals, no requites, available in EUR, USD and GBP and a SWAP-free option is presented for Islamic traders.
ECN Account
The ECN Account presented by FXTM comprises spreads from 0.1 percent (dependent on market situations), low commissions starting at $4, floating leverage from 1:1000, no requites, market execution, scalping and hedging are permitted, accounts presented in EUR, USD and GBP and SWAP-free options are presented for Islamic traders.
ECN Strategy Account
FXTM’s ECN Strategy Account comprises tight floating spreads, performance based fees, no commissions, fixed leverage of 1:200 (which can variation as discussed above), no requotes, dedicated account page, market execution and minimum deposits of 100 dollars for EUR/ GBP/USD.
ECN Zero Account
The ECN Zero Account provides tight floating spreads (reliant on market situations), no commission, floating leverage up to 1:1000, no requotes and market execution, scalping and hedging are allowed, presented in EUR, USD and GBP and SWAP-free options are presented for Islamic traders.
FXTM Pro Account
The FXTM Pro trading Account intended for expert traders comprises tight spreads from 0 pips (reliant on market situations), fast market execution, floating leverage up to 1:200, no commissions, no requotes, no last-look price, deep liquidity from tier-1 financial institutes and SWAP-free options are presented for Islamic traders.
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Commissions and Spreads
FXTM’s largest strength is its aptitude to provide low spreads that are priced up to 5 decimal places and begin as low as 0.0 pips for ECN Accounts and 0.1 pips for Standard Accounts, which a charged a commission of 4 dollars per trading lot. FXTM also provides negative balance protection for its customers to further decrease financial risks convoluted with trading moneys.
Deposits and Withdrawals
FXTM receives an extensive range of deposit and withdrawal methods comprising debit and credit cards, bank transfers, signature methods, e-wallets and many other local payment methods usual in particular regions of the world. The brokerage enhances more options frequently and encourages customers to keep present all ID that is on file with the company to confirm rapidity of withdrawal transactions.
Safety
The FXTM broker trading platform confirms safety of customer funds and trading events by the strict multi-jurisdictional mistake afforded by the CySEC, FSB and IFSC, as well as the firm’s complete assurance to customer satisfaction and security of customer funds and personal account info.
Customer Support
The FXTM trading platform provides excellence customer support services 24/7 in a variety of languages. Traders can right to use customer support through online chat, telephone or email. Extra localized support is providing to traders based in Cyprus, China, India, France, Czech Republic, Indonesia, Spain, South Korea, Thailand, United Kingdom, Malaysia, Nigeria and Poland.
Both experienced and novice traders will benefit from the many trader education materials presented through the website that permit access to everyday expert comments from FXTM’s Market Research Team, as well as devoted account managers, streaming news feeds, signals and alerts.
Conclusion
The expert investors and traders at Topforexbrokers.com feel the FXTM broker has made its reputation of an important trading platform that emphasizes safety of trading activities and customers’ funds. Many industry awards and customer testimonials confirm the security of the platform and approval of traders who usage it for maintaining trading accounts and everyday trading activities.
By its strict multi-jurisdictional regulatory omission, wide localized customer support services, commonly promotional bonuses, wide variety of trading tools and educational trading materials, the ForexTime broker trading platform will meet the requirements of seasoned and newbies traders alike.
The professionals at our team invite you to share this FXTM Review with family and associates who may share an interest in forex trading platforms.
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