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Regulated by: CySEC, IFSC

Headquarters: Cyprus

Ranking: 3

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FXTM Review & Author's Comment

Established in 2011, FXTM is an award-winning forex broker that offers a reliable and secure trading platform. The platform covers more than 300 instruments including forex pairs, stock indices, company shares, commodities and cryptocurrencies. FXTM is one of the most prominent forex brokers in the industry that frequently appears in media and is proud sponsor of a Formula One racing team.

The company is known as a client-oriented forex broker that delivers products and services on meeting the needs of each client and the market that they operate. One of the things that I really like about FXTM is the managed accounts (PAMM / MAM accounts) feature. FXTM is very transparent and allow traders to see performance of the managed account portfolios without even registering as a client. Besides, minimum investment amount required to participate in managed accounts is $100 which is below the industry standards.

In order to be able to satisfy needs of global clientele, FXTM offers more than 20 different types of payment methods. The company is present in many countries and investors living in those countries enjoy the convenience of depositing money through local bank transfer. Moreover, support staff is one of the best I have dealt with so far and provides assistance for clients 24 hours a day 7 days a week basis in more than 10 different languages..

FXTM Review
  • 8.3/10
    Reliability - 8.3/10
  • 8.8/10
    Deposit & Withdrawal - 8.8/10
  • 9/10
    Bonus - 9/10
  • 8.8/10
    Customer Support - 8.8/10
  • 9.5/10
    Overall Trading Conditions - 9.5/10
8.9/10

Summary

CySEC regulation. Presence in many regions. Diverse deposit and withdrawal methods. Decent bonus and promotions. PAMM and MAM accounts.

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User Review
8/10 (1 vote)

Broker Detail
Adress: Tassou Papadopoulou 6, Flat /office 22, Ag. Dometios, 2373, Nicosia, Cyprus
Phone: +44 203 734 10 25
Web:

http://www.fxtm.com

E-Mail: info@forextime.com
Regulator: CySEC (License Number: 185/12), IFSC (IFSC/60/345/TS
Year Founded: 2011
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Cryptocurrencies: Bitcoin, Ethereum, Litecoin
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Local Bank Transfer, Credit Card, Skrill, Neteller, Alfa-Click, WebMoney, Payza, OKPAY, DIXIPAY, CASHU, Yandex Money,QIWI, Perfect Money, Bitcoin, QQPay, Baidu, Konnexone
Withdrawal Methods: Wire Transfer, Local Bank Transfer, Credit Card, Skrill, Neteller, Alfa-Click, WebMoney, Payza, OKPAY, DIXIPAY, CASHU, Yandex Money,QIWI, Perfect Money, Bitcoin, QQPay, Baidu, Konnexone
Customer Services
Live Chat:
24 Hours Support:
Languages: Arabic, Chinese, English, Indonesian, Italian, Russian, Spanish, Thai

Trading
Leverage: 1000:1
Spreads: As low as 0.1 pips for EURUSD on ECN Account
Minimum Deposit: $5
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:
Bonus
1) FXTM offers a Switch to FXTM USD30 bonus program. For this bonus program, you need to click and accept the bonus terms and conditions through MYFXTM portal and then make a minimum deposit of $150. If you trade 1 standard lot within 30 days, you can withdraw the bonus USD30
2) The 30% Bonus Promotion is offered for any amount of the first deposit made and to a minimum of $500 USD for each of any further deposits.

Platforms
Supported Platforms: MetaTrader 4, MetaTrader 5
Webtrader:
Mobile: IOS, Android

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Meshack Makolo
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Meshack Makolo

I have not understand on how spreads works. May you explain to me how does spreads regarding to smaller and bigger number because I some are smaller some are bigger

Patrick
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Most profitable

taibo
Guest
taibo

FXTM has very good spreads and great live chat support, at least what I experience, really happy with FXTM. Also, their superb technical & fundamental education sections contribute strength to my trading style.

Mduduzi Thwala
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Mduduzi Thwala

Commen

shilula hu
Guest
shilula hu

strongly recommend this brokers, quotes on demo and live account are same, transition was smooth. I like their ECN account.