FXTM Forex broker with a wide range of account types

The FXTM spreads look pretty attractive starting from 1,5 pips with the Micro and the Advantage Plus Accounts without a trading commission being taken. You can register for an FXTM Demo account first and test the trades. You can simulate a Live account, check how you manage leverage, what the fees are, and much more.

Please note that FXTM always acts in the best interest of its Clients and it is always up to the Client to choose his/her trading strategy. We are strictly monitored & regulated by several international jurisdictions and hence, we are answerable for every transaction. At times, we do face technical issues with our external payment portal which may lead to unexpected delays but we always do our best to speed up the process. Fxtm is the best one plateform for trading and u can earn easily by this and deposit and withdraw instantly done I recommend u guys go for it. Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies.

Now after 6 months they tell my that there is a fee (5$/month) I have to pay due to not using the account. I’m planning to open an account but when I did my research there are a lot of scary reviews and comments. Please be assured that your funds WILL be processed and you WILL receive your deposit.

To become a Strategy Manager, you register for an ECN Zero Account and verify your profile. Then, you get your own Manager page to display trading statistics and start sharing your trading results via social media. The margin requirements and leverage requirements are listed for Standard, ECN, and ECN Zero Trading Accounts. View the requirements in the categories of FX majors, FX minors, FX exotics, spot metals, BTCUSD, ETHUSD, LTCUSD, and RPLUSD.

Deposits and withdrawals

Above all, with FXTM Trader you can take advantage of the broker’s copy trading service, FXTM Invest. All while you are out and about with your smartphone with an easy-to-use platform. FXTM offers desktop, Apple, mobile, and tablet versions of the industry-leading trading platforms MetaTrader4 and MetaTrader5 to meet a wide range of traders’ needs and increase their trading flexibility. If traders prefer to trade directly through their browser, they can use MT4 and MT5 on PC and Mac To trade, WebTrader – no download required!

• Justin is an active trader with more than 20-years’ industry experience of working for big banks and hedge funds.
• FXTM has strong educational resources and reliable customer support, making it a suitable broker for traders new to the markets.
• The intuitive FXTM Trader mobile app allows clients to access the markets on the move.
• In addition to metals, FXTM gives you access to trading Brent oil, Crude oil, and NatGas .

FXTM offered a $30 welcome bonus but canceled the promotion. Opening an account at FXTM is fast, and the first step requires only a few seconds. Traders must submit their name, country, a valid mobile phone number, e-mail address, and desired password.

In addition, FXTM is constantly striving to improve itself with new market innovations and exciting offers for the benefits of its traders. The online brokering service at FXTM is nothing short of exceptional. It is not only an online trading platform, but also an online teaching platform.

Web trading platform

The trading platform also provides access to proprietary and free VPS systems via the regulated broker if the traders meet certain criteria. Professional traders can also access negative balance protection and use segregated retail investor accounts that keep their funds safe on the platform. Depositing funds into trading accounts and withdrawing profits is an easy process, which hardly takes any time. FXTM offers a wide range of local and international banking methods, many of which can be used for deposits as well as withdrawals. That said, FXTM offers the FXTM Trading app and a wide range of trading tools. It also offers a world-class selection of educational and market analysis materials.

The FXTM trading platform uses MetaTrader 4 and MetaTrader 5 to execute trading operations. It requires a minimum initial account deposit of £200 or equivalent. The brainchild of founder Andrey Dashin, FXTM is a relatively new addition to Dashin’s global holdings, which also include forex brokerage veteran Alpari.

How we ranked fees

Before deciding to invest in foreign exchange, or any kind of trading you should carefully consider your investment objectives, level of experience, and risk appetite. No information or opinion contained on this site should be taken as a solicitation or offer to buy or sell any currency, equity or other financial instruments or services. Past performance is no indication or guarantee of future performance. ForexFraud.com is an affiliate partner with various brokers and may be compensated for referred Traders. All reviews remain unbiased and objective and immediate action will be taken against any broker which is found to be in breach of regulation. These partnerships have proven to be great aids in the furthering communication between brokers and our visitors.

We found fxtm broker review spread much lower than the industry average, and spreads for other instruments are very attractive too. We learned that FXTM offers separate accounts for Forex trading and Invest Accounts. Then there is a further split to your preference of the trading transactions, instrument, and the trading size, which all in all offers you 3 Account types – Micro, Advantage, and Advantage Plus. And important to note that comply with the necessary regulatory guidelines in every region FXTM operates, which gains a high score from us in terms of its trust. From the fast client approval to the general trading process, comprehensive learnings, and available features, FXTM proves its high ranking among the traders’ community with more than 90% of positive feedback. My experience- signing up, verification, deposit and withdrawal- has been a pleasant one.

FXTM caters to most international traders, including the UK, India, Malaysia, and the Philippines. ForexTime UK Ltd is also regulated and authorized by Financial Conduct Authority . Most withdrawal methods guarantee processing the withdrawal request on the same day, except the Skrill withdrawal method may take 1-2 business days to complete. But overall, to withdraw money & the bank transfer process is smooth. However, on the downside, it’s not commission free this account type comes with a commission ranging from $0.40 to $2 per $100,000 notional value.

Additionally, there is an Economic Calendar from FX Street. https://forexhero.info/ also have the option of setting up SMS alerts for major market news. That way, they can take action immediately and never miss out on an opportunity. The slippage graph shows that most FXTM clients get to take advantage of positive slippage while enjoying reduced negative slippage. In 2018, positive slippage got as high as 85.82 percent in March. Negative slippage got as low as 14.18 percent in the same month.

The company launched in 2011 with its headquarters in Cyprus . The chain of FXTM offices is also established around Europe, located in the UK, and maintains an entity in South Africa. Also authorized by Financial Conduct Authority and other regulators, In a relatively short time, the firm showed great and rapid growth within Europe and beyond through its focus on Africa and Asia regions. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform.

FXTM Invest lets people who are starting out trading copy the trades of those who have a proven record of success. This also works for those who simply do not have the time to make complicated trading strategies. Processing times range from instant to 24 hours/up to a business day for most methods.

For example, if you enable the swap-free option and then open EURUSD trade, it has no swap fees for the first 7 days. FXTM excels in its educational offering, with articles, ebooks, and video content to help guide clients. The quality of educational materials are better than average for the industry. Amount of trading experience with forex, CFDs and spread betting.