FXTM Review

Forex Time (FXTM) REVIEW

FXTM General Info

• Company Name: FXTM is the Brand of Exinity Limited, ForexTime Limited, and ForexTime UK
• FXTM Offices: FXTM maintains offices in Cyprus, Mauritius, and the United Kingdom
• FXTM Regulation: CySEC (License 185/12), FCA UK (License 777911), FSC (Licence C113012295)
• FXTM Foundation: FXTM was founded in 2011
• Online since FXTM has been online since 2011
• US Clients: FXTM doesn't allow US Traders (NO)
• Islamic Accounts: FXTM offers SWAP-Free Accounts (YES)
• FXTM Execution Type: ECN / STP
• FXTM Customer Support: 24/5 via Phone and Live Chat

» The FXTM Website

FXTM Trading Info

• FXTM Server Time Zone: GMT+2
• FXTM Typical Spread: 0.5 pip on EUR/USD, plus $2/lot trade commissions
• FXTM Leverage: FXTM's maximum leverage is Flexible -Leverage is offered based on your country of residence and knowledge & experience
• FXTM lot: 0.01
• FXTM Scalping: (YES) It is allowed by FXTM
• FXTM Hedging: (YES) It is allowed by FXTM
• Automated Trading: (YES) It is provided by FXTM
• FXTM Minimum Account: The minimum account at FXTM is just 10 USD (Cent Account)
• FXTM Account Currencies: FXTM provides accounts in the three main currencies, EUR, GBP, and USD
• FXTM Deposit Methods: BANK WIRE | DEBIT/CREDIT CARDS | WEB WALLETS
• FXTM Withdrawal Methods: BANK WIRE | DEBIT/CREDIT CARDS | WEB WALLETS

Please note that the list of methods above depends on the FXTM entity and the client's Country of Residence.

FXTM Currency Pairs

FXTM on the Standard Account offers:

• 59 Forex pairs:
• 14 Spot CFDs
• 5 Spot Metals

FXTM Platforms

• Desktop Platforms: FXTM offers MetaTrader 4 and MetaTrader 5 desktop platforms
• WebTrader: MT4 WebTrader
• 18 languages
• One-click trading
• 9 timeframes & Advanced analysis tools
• Real-time quotes in MarketWatch

FXTM Mobile Trading: FXTM offers MT4 and MT5 apps for iPhone and Android

• Real-time interactive charts & 9 timeframes
• 30 technical indicators and 24 analytical objects
• All trade orders and execution methods are available

FXTM Website Languages: English, Arabic, Chinese, Spanish, Russian, French, Korean, Indonesian, Italian, Malay, Persian, Polish, Urdu, Thai, Czech, Vietnamese

FXTM.com Pros and Cons

FXTM.com Review -Final Conclusions

Founded in 2011, FXTM (ForexTime) is an ECN/STP broker headquartered in Cyprus, with additional offices in the United Kingdom and Mauritius. It operates under strong regulatory oversight, holding licenses from CySEC in Cyprus (License 185/12), the FCA in the United Kingdom (License 777911), and the FSC in Mauritius (License C113012295).

FXTM offers multilingual customer support available 24/5 through Live Chat and email, catering to a global clientele. The broker supports both MetaTrader 4 and MetaTrader 5 platforms, accessible via desktop, web, and mobile applications. Traders can take advantage of fully supported features such as automated trading, scalping, and mobile access on iPhone and Android devices. Additionally, FXTM provides a copy-trading service through its Strategy Manager program, enabling less-experienced traders to follow and replicate the strategies of more seasoned professionals.

The broker offers a variety of account types to suit different trading needs and experience levels. The entry-level Cent account requires a minimum deposit of just $10, making it ideal for beginners. For those seeking more advanced conditions, the ECN Zero account is available with a $200 minimum deposit. At the time of this review, FXTM provides several account options tailored to various trading styles, allowing users to choose the setup that best fits their goals and risk tolerance.

(1) Cent Account {$10 minimum deposit}

(2) Standard Account {$100 minimum deposit}

(3) Shares Account {$100 minimum deposit}

(4) ECN Zero {$200 minimum deposit, plus MT5}

(5) ECN {$500 minimum deposit, plus MT5}

(6) ECN Pro {$25,000 minimum deposit, plus MT5}

The standout account options are the ECN and ECN Pro accounts. The ECN Pro account is tailored for advanced and professional Forex traders, requiring a substantial deposit of $25,000. In contrast, the standard ECN account is more accessible, with a minimum deposit of just $500, offering ECN execution and competitive tight spreads on all major currency pairs. Additionally, the standard account features a notably broader asset selection compared to other account types, including 59 Forex pairs, 5 metals, and 14 CFD instruments.

Account currencies available include the Euro, US Dollar, and British Pound Sterling, with a variety of funding methods supported—such as debit and credit cards, bank wire transfers, WebMoney, Skrill, and Western Union—depending on the FXTM entity and the client’s country of residence. For traders based in Europe, leverage can go up to 30:1 in compliance with regulations.

Overall, FXTM is a strong choice for Forex trading, particularly for those interested in the ECN account types, which provide tighter spreads and advanced trading conditions, especially when combined with the MetaTrader 5 platform.

» Visit FXTM Website

■ Forex Broker Review: FXTM

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