4.8
Pay Less To Trade More
Get Spreads From Zero, 1000+ Instruments And First-class Education.
FXTM Supported Countries
Nigeria, Indonesia, Turkey, South Africa, Australia, India, Singapore, UAE, Malaysia, Hong Kong, Kenya, Phillipines, Egypt, Botswana
Deposit Methods
Visa, Mastercard, M-Pesa, Fasapay, GlobePay, PayRedeem, Maestro, Skrill, Perfect Money, Neteller, Bank Transfer
Platform Type
Metatrader 4, Metatrader 5
Instruments
Forex, Metals, Stocks, CFDs, Commodities, Indices
Margin Trading
Yes
Built In Wallet
No
Compensation Scheme
Yes
Regulated
Yes
Minimum Deposit
$10
Deposit Fees
$0
Withdrawal Fees
$3
Inactivity Fees
Yes
Account Fees
Yes
Verification
Kyc Verification (Show More)
Table of Contents
FXTM Review & Platform Guide
FXTM Is A Leading Forex And CFD Broker. This Review Details Their Services, Including Account Types, Copy Trading App, Demo Profile, Plus The MT4 & MT5 Platforms. We Also List Any Current Bonus Offers And Key Comparison Data, Such As Minimum Deposit And Minimum Trade Amounts.
ForexTime, Also Known As FXTM, Was Established In 2011. The Mission Of The Broker Is To Bring All Financial Market Opportunities In To The Hands Of Retail Investors, Wherever They Are In The World. Today, The Brand Has Done Just That, And FXTM Is Now A Global Leader In The Online Trading Environment. It Offers Investing Services Across 180 Countries, With A Worldwide Office Presence Spanning Asia, Europe, And Africa, With An Impressive 4+ Million Registered Clients.
The FXTM Brand Is Authorized And Regulated Across Several Entities Including; ForexTime Ltd, Exinity UK Limited And Exinity Limited. We Provide More Details On The Firm’s Regulatory Status Below, Including CySEC And FCA Licensing Conditions.
The Brokerage Has Been Recognized With 25+ Industry Awards Since It Launched Over A Decade Ago.
FXTM Account Types
FXTM Offer Three Account Types Available To Day Traders. All Profiles Offer Access To Fast Execution Speeds, A Minimum Order Level Of 0.01 Lots And Flexible Leverage. Profiles Can Be Tailored To Suit Individual Requirements.
Micro – The Most Accessible Account
- Stop Out 40%
- Margin Call 60%
- Instant Execution
- Zero Commission Fees
- Spreads From 1.5 Pips
- Maximum 300 Open Orders
- $/€/£ 50 Minimum Deposit
- Restricted Assets (FX And Metals Only)
- US Cent / EU Cent / GBP Pence Currency
Advantage Account -The Most Popular Account
- Stop Out 50%
- Margin Call 80%
- Market Execution
- Access To All Assets
- Spreads From 0.0 Pips
- Unlimited Open Orders
- USD / EUR / GBP Currency
- $/€/£ 500 Minimum Deposit
- Commission Fees Ranging Between $0.40 To $2
Advantage Plus- For Experienced Investors
- Stop Out 50%
- Margin Call 80%
- Market Execution
- Access To All Assets
- Zero Commission Fees
- Spreads From 1.5 Pips
- Unlimited Open Orders
- USD / EUR / GBP Currency
- $/€/£ 500 Minimum Deposit
A Halal Swap-free, Islamic Profile Type Is Also Available
Do Not Trade With Unregulated Brokers That Will Steal Your Funds - Try These Regulated Brokers:
IG Is An Excellent Broker That Ranks At The Top In Nearly All Key Categories Of Importance To Traders.IG Is A CFD And Forex Broker. IG Has A Well-designed And User-friendly Web Trading Platform That Is Easy To Customize.
FXTM Is A Regulated Broker, It Is Overseen By Top-tier Financial Regulators In Multiple Countries. FXTM Is Also Covered By Investor Protection In Selected Jurisdictions.
The Company Was Created As A Combined Effort Of Financial Professionals And Experts In Web-commerce With The Goal Of Perfecting The Online Experience For Retail Traders.
FXTM Trading Platforms
FXTM, Better Known As ForexTime, Is A Leading Global Forex Trading Platform Regulated By Financial Authorities Such As The Financial Services Commission, Cyprus Securities And Exchange Commission, And UK Financial Conduct Authority. FXTM Reviews Highlight That It Is Licensed By The Financial Sector Conduct Authority Of South Africa. Forex Traders Can Trade On The Highly Trusted And Reliable FXTM Trading Platform That Offers Super-fast Trade Execution, Ultimate Security And Risk Protection, Tight Spreads, And Hi-tech Forex Instruments And Charting Tools.
Apart From Offering More Than 250 Financial Instruments, Including Spot Indices And FX Currency Pairs, Trading CFDs In Commodities, Indices, Metals, And Stock CFDs, The Forex Brokers Also Prioritize Educating Beginner Traders At FXTM By Offering Tons Of Educational Videos, Including E-books, Forex Trading Seminars, Investment Program, And Webinars. The FXTM Mobile Trading Platform And The Desktop Trading Platform Support MetaTrader MT4/MT5 And A New FXTM Trader App. It Is One Of The Top Forex Brokers In South Africa That Offers Three Different Types Of Trading Accounts – FXTM Accounts Offers The Micro Account, The FXTM Advantage Account, And The FXTM Advantage Plus Account, Each Offering Special Benefits Over The Other, Smooth Account Opening & Also Various Payment Options.
FXTM Forex Brokers Provide The Most Attractive Trading Environment For Both Beginners And Experienced Traders. That Being Said, There Is Great Potential For Many Traders To Use Large Trades Without Paying Additional Trading Costs. Being An Excellent CFD Broker, FXTM CFD Broker Offers Both Market Execution And Instant Execution Based On The FXTM Trading Accounts. Minimum Deposits And FXTM Spread Are Quite Low, And Copy Trading And Real Stock Trading Features Are Also Offered On The Desktop Trading Platform, Which Strategy Managers Can Also Manage.
With The FXTM Platform, Algo-trading, Hedging, And Scalping Are Possible. 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.
How to Open an Account
How To Open An Account
- Create A MyFXTM Profile
- Choose Your Account Type
- Fund Your Trading Account
- Log In To Your Platform
- Start Trading!
How to Deposit Funds?
- Open The Deposits Page Within The My Money Section In MyFXTM.
- Choose Your Preferred Deposit Method And Click ‘Deposit’.
- Select The MyFXTM Account Or Wallet You Wish To Deposit Funds Into And Complete The Necessary Fields.
- Confirm Your Deposit Details In The Next Page.
How Long Does It Take To Withdraw From FXTM?
At FXTM, You Have Multiple Options To Choose From When You Would Like To Withdraw Money. These Options Are The Following: Bank Transfer, Credit/debit Cards, Skrill/Moneybookers, Neteller, Western Union Quick Pay, Dotpay, Bitcoin Via Skrill, PayPal.
Withdrawing Your Funds From A Brokerage Account Is A Bit Different Than Withdrawing Money From, Let’s Say, A Bank Account. Unlike Some Deposit Options, Withdrawal Is Rarely Instant.
Keep In Mind That If You Have All Your Funds Invested, You Have To Close Some Of Your Positions First To Get Access To Cash, Which You Can Withdraw Later On. After Closing Some Of Your Positions, The Broker Might Need Some Time To Make The Funds Available For You For Withdrawal.
At FXTM, The Withdrawal Process Is Usually Executed Within 1 Day.
Pay attention that if your FXTM account’s base currency and bank account’s currency differ, you might be charged a conversion fee depending on your personal bank.
At FXTM, the following base currencies are available: EUR, GBP, USD, NGN.
Customer Support
FXTM Has Great Customer Support. You Can Contact Them In A Lot Of Ways And They Give Fast And Relevant Answers. However, Customer Service Is Available Only On Weekdays.
Traders At FXTM Can Enjoy Unparalleled Technical Support That Helps Them Improve As Traders. The Team Helps Analyze Their Trading Mistakes And Improve Trade Strategies In The Future.
FXTM Tower, 35 Lamprou Konstantara,
Kato Polemidia, 4156, Limassol, Cyprus
+357 25 55 8 777
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