then 'Add to home screen'
then 'Add to home screen'
FXTM (ForexTime) Review
FXTM (ForexTime) is a well-established broker known for its strong regulatory framework and comprehensive trading tools. With a wide variety of trading platforms, FXTM suits both new and experienced traders. It offers competitive spreads, a range of account types, and advanced research tools.
Pros:
- Regulated by Top-Tier Authorities: Licensed by FCA, CySEC, and FSCA.
- Multiple Platform Options: Offers MT4, MT5, and its proprietary FXTM Trader app.
- Comprehensive Educational Tools: Supports traders with webinars, tutorials, and eBooks.
- Low Spreads on Advantage Account: Spreads start from 0.0 pips with minimal commissions.
Cons:
- High Withdrawal Fees: Fees vary based on the payment method, with some methods being relatively expensive.
- Inactivity Fees: $5 monthly inactivity fee after six months of no trading activity.
FXTM (ForexTime) Review
| Feature | Details |
|---|---|
| Established Year | 2011 |
| Regulation and Licenses | FCA (UK), CySEC (Cyprus), FSCA (South Africa) |
| Ease of Use Rating | 4.5 / 5 |
| Bonuses | Occasional promotions, depending on region |
| Support Hours | 24/5 via Phone, Email, Live Chat |
| Trading Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader app |
| Account Types | Advantage Account, Advantage Plus Account, Cent Account |
| Base Currencies | USD, EUR, GBP, NGN, and more |
| Spreads | From 0.0 pips on Advantage Account |
| Leverage | Up to 1:2000 (based on account type and region) |
| Currency Pairs | 60+ including major, minor, and exotic pairs |
| Minimum Deposit | $/€/£ 100 (for Standard Account) |
| Inactivity Fee | $5/month after six months of inactivity |
| Deposit Methods | Credit/Debit Card, Bank Transfer, Skrill, Neteller |
| Withdrawal Methods | Bank Transfer, Credit/Debit Card, E-Wallets |
| Educational Tools | Webinars, eBooks, Video Tutorials, Trading Courses |
| Research Tools | Market Analysis, Economic Calendar, Trading Central |
| Mobile Trading | Yes (FXTM Trader app, MT4 and MT5 apps) |
| Additional Services | Islamic (swap-free) accounts available |
FXTM (ForexTime) Rating
| Feature | Rating |
|---|---|
| Regulation and Security | ★★★★★ (5/5) |
| Trading Platforms | ★★★★☆ (4.5/5) |
| Trading Conditions | ★★★★☆ (4.5/5) |
| Customer Support | ★★★★☆ (4/5) |
| Education and Research | ★★★★★ (5/5) |
| Overall Rating | ★★★★☆ (4.5/5) |
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