Forex time review: Online Trading Broker FXTM Global

They offer the widest selection of instruments, platforms, account types, and resources to make the trading experience as convenient and efficient as possible. We are glad you are enjoying your trading experience with FXTM. We do our best to provide the best payment solutions for our clients and we follow strict regulations set by the jurisdiction we follow, for the safety of your funds.

For the Cons, there is a withdrawal fee, and Stock spreads are rather higher, also condiitons vary on each entity. FXTM does not charge internal fees, but third-party payment processor costs may apply. 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. FXTM will send a confirmation PIN to the entered mobile number to complete the process.

Trading platforms

👉 FXTM offers full segregation of funds for retail clients across all these services. Wherever you are in the world the company holds funds with top-tier banks, fully segregated from the assets of the firm. Thank you so much for your wonderful and honest review! We’re thrilled to know that you’re enjoying your trading experience with FXTM.

• You’ll need to add personal and tax information to your profile, upload photos of some ID and, finally, make a deposit.
• The group’s global network of offices and regulations spans Europe, Africa, Asia and Latin America, and we have already attracted over 3 million clients across 180 countries.
• At the time of this review, FXTM maintains a refer-a-friend campaign.
• Along with converters, calculators that designed to make trading to the trader of any level more professional.
• Technically it is, but gauging the different factors and acting on the right moment doesn’t come naturally to everyone.
• Asked them for a refund of charged too that were applied because of this issue.

Should the need arise, FXTM ensures traders have swift access to a representative. While the excellent trading costs and transparency stand out at FXTM, I also like the proprietary copy trading platform, FXTM Invest. It allows investors to follow strategy managers, and FXTM provides relevant information on each. The community is not as big as other services, but all the top 75 listed managers show positive performance, which FXTM states remain audited and verified. I think it is promising and carries great potential for FXTM moving forward.

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👉 Leverage is a facility that enables you to get a much larger exposure to the market you’re trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss. 👉 According to research in South Africa,ForexTime Limited was established in 2011 and is a global leader in online trading. It has become a well-known brand that brings the opportunities of financial markets to global audiences, wherever they are and notwithstanding their financial ambitions. 3) Our withdrawal system is working perfectly fine and on a daily basis, withdrawals are being processed and sent for our 4 million+ clients. Thank you for your wonderful comments and it’s great to hear that you are enjoying your trading experience with FXTM.

The profit split varies, and some that we reviewed during the testing process ranged from 10% to 50% of profits being retained by the lead trader. There is some work involved in the selection process, but FXTM does provide a range of standard metrics that fill in some of the gaps. Portfolio construction, win/loss data and performance charts are valuable tools for those looking to copy trade. Having the MetaTrader indicators is one thing but having the host platform provide learning resources to support their use is another. Not all brokers take the trouble that FXTM does to help clients maximise the benefits of the powerful software that is to hand. Another feature of the FXTM operation that will appeal to traders is the option to trade using a virtual private server .

👉 FXTM offers a wide variety of instruments, from currency trading to speculating on the price movements of favorite stocks. This people are thieves and they’re not hiding that fact. They manipulate your trades to make sure you lose, they charge you for any single day you did not trade, you can NEVER withdraw money from fxtm platform. The secret is if you wish to target 50 pips,make it 40 pips, so the spread issue is dealt with that way! And yes ECN brokers do take commission cos they are giving you a direct access to world markets. I will rather have a good broker that I know how to handle their spread issue and commission than work with a fraudulent broker.

WHO DOES FOREXTIME APPEAL TO?

Through ForexTime FXTM, you can access numerous currency pairs, commodities, single-stock shares, and contracts for difference . Similarly to the web trading platform,we tested this mobile trading platform. The web trading platform of FXTM is provided by MetaTrader.

To fulfill all https://forexbitcoin.info/’ unique needs FXTM offers the leading trading platforms available in the industry, MetaTrader 4 and MetaTrader 5 on PC, Mac, mobile, or tablet. The account variety is very impressive which allows any trader the best suitable option either with flexible or floating leverage. We learned that the broker also provides tight spreads from 0.1 pips, and low deposit requirements, besides education is one of the best provided.

The group’s different entities are regulated in Tier-1 jurisdictions, the United Kingdom, Cyprus and Mauritius. All the information on this website – – is provided for informational and educational purposes only and should not be taken as investment advice. Client funds are held in bank accounts separate from those used by the company. Forex.Academy is a free news and research website, offering educational information to those who are interested in Forex trading. Forex Academy is among the trading communities’ largest online sources for news, reviews, and analysis on currencies, cryptocurrencies, commodities, metals, and indices.

• However, the platform does well by focusing on nailing down certain core elements of the trading experience and delivering them to a very high standard.
• It requires a minimum deposit of $25,000 or currency equivalent to open.
• 👉 It sports helpful features like live currency rates, state-of-the-art charting tools, and more.
• You can’t open an account at FXTM if you live in Netherlands.
• Forex Time Robotis a very profitableExpert Advisorcreated by a team of professional traders.
• Put simply, Margin Level indicates how “healthy” your trading account is.

One system glitch that we noticed was that any open competitive, consistent institutional trading chat window disappeared when we navigated away from the page on which it was started. This was quite frustrating to deal with and meant that our testers had to restart a few chats until they got the hang of staying on one page, which in itself isn’t ideal. The full live account takes longer to open due to compliance with regulatory terms and conditions.

Is Forextime a good and legit broker?

However, the platform does well by focusing on nailing down certain core elements of the trading experience and delivering them to a very high standard. We found that FFXTM withdrawal options are widely available including bank transfers, e-wallets, and cards. As an example, Credit Cards withdrawal features a $3 fee, while Bank Transfer will cost $30, and WebMoney will charge 2% above the requested amount. However, these withdrawal fees are still considered to be on a low level compared to other industry offerings. Applied to some of the payment methods, while others may be provided with 0% commission. I want to point out that only verified trading accounts may request a withdrawal and that FXTM enforces a withdrawal hierarchy.

Forex is short for foreign exchange the global marketplace to buy and sell foreign currencies. Get spreads from zero, 1000+ instruments and first-class education. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. Leverage is offered based on your country of residence, knowledge and experience.

Your comment is totally unjustified and if you are facing a ‘real’ issue, please send an email to and include your FXTM ID so we can investigate your case and provide a public response right here. We have provided a detailed report on your declined withdrawal transaction as well. Trading instruments include over 55 currency pairs, Bitcoin, Litecoin, Ethereum cryptocurrencies as well as Stock Indexes, Stocks, Gold, Silver, Oil and other commodities. Comparebrokers.co needs to review the security of your connection before proceeding. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

3.Please show the trading history orders of Strategy Accounts providers. User want to know what pairs did they trades and what strategy they use. FXTM Education ranked with an overall rating of 8.3 out of 10based on our research.