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Wide Range of Trading Instruments

Unparalleled Trading Conditions

Globally Licensed & Regulated

Protection of Funds

Committed to Forex Education

Regular Contests & Promotions

Account Types

All about FXTM broker

Forextime is a European company, which provides services of dealing Forex to more than 600 thousand clients from 100 countries. FXTM brand is well known in CIS, Eastern Europe and Central Asia. Forex trading conditions and other services of the company Forextime seem to be attractive to many traders. All the truth about FXTM broker described in this review will be objective for many users and will not be a source of information about the dealing centre activities.

All about FXTM broker1

 

The history of FXTM begins in 2011. The legal entity Forextime Limited is formally registered in Cyprus. But this is done to settle tax regulations. Representative offices have been opened in Europe, CIS and several other regions. Therefore, the number of active clients of the broker is steadily increasing every year.

The current FXTM license from CySEC (No. 185/12) and FCA (No. 777911) is a confirmation that the company is aimed at legal activities in different regions. In addition to having regulators, the Forex operator can boast the status of sponsor and partner of great sports teams (for example, racing team Red Bull). And if we enter the name of the broker in the English-language search engine, we will come across references to him in the authoritative publications Guardian, Reuters and the Financial Times.

Trading information and FXTM terms

Forextime broker has an elaborate classification of accounts, where there is a division into two categories: Standard and ECN. Having access to interbank liquidity will be good news for experienced traders, for whom it is a determining factor of reliability. Regardless of the initial deposit available, the user will have to open one of the following account types on the official Forextime website before trading on financial markets:

 

Standart

 

Standart

Cents

For equity trading

Initial deposit

$100

$1

$100

Leverage

1:1000

1:500

1:10

Spread size

From 1.3 point

From 1.5 points

From 0.1 point

Tools

Currency pairs, metals, raw materials

Currency pairs, metals

Equities

For accounts with access to interbank liquidity, alternative trading conditions are offered:

ECN

 

Standart

Zero

Pro

Initial deposit

$500

$200

$25000

Leverage

1:1000

1:1000

1:200

Commission amount

$2/lot

No.

No.

Tools

Currency pairs/metals

Currency pairs/metals

Currency pairs/metals/securitys

 

Forextime brokerage company has positioned itself as a severe participant of the securities market since the beginning of its foundation. Therefore, potential traders should not wait for the most loyal conditions. For example, on ECN MT5 accounts the order commission is $4, which is one of the highest values among European brokers. And this should be considered before starting to earn with this Forex dealer.

A personal Forex cabinet is created at www.FXTM.com in just a couple of clicks! But to start trading, the user will have to pass the verification stage, confirming personal information from his passport or another identification document. After that, you will be granted access to MyFXTM - an own cabinet, which has many functions — starting from the possibility of training with Forextime, up to tracking personal trading statistics.

 

The advantages of FXTM include an extended list of assets that are available on individual accounts. These include currency pairs, commodities, indices, precious metals, stocks and cryptocurrencies.

All about FXTM broker2

 

All these categories of financial instruments are available in the Metatrader trading platform and web terminal. A bonus for Forextime users in Russia and other countries will be access to a mobile application, through which you can open and close transactions 24 hours a day. It is convenient that even on ECN accounts orders are processed 24/7, but with swap charges.

All earned money can be withdrawn through numerous payment systems. No commission is charged for transactions, but it can be withheld by issuing banks.

Earning from Forextime (FXTM)

One of the advantages of this Forex operator is the availability of a detailed investment program. Thanks to it, earnings from Forextime can be completely passive, and traders do not need to continually analyze the market, make forecasts and monitor the chart in Metatrader.

The system of copying Forex transactions looks like this:

  1. Choosing a strategic personal Forextime trader (signal provider).

  2. Deposit money.

  3. Activation of the copying function.

  4. Tracking order execution statistics from a strategic manager.

  5. Paying commission to the trader whose trades are being copied.

The system works fully automatically on the Metatrader trading platform. Orders are copied by the proportional ratio of the signal provider's deposit to the user. The FXTM Invest page presents the Forextime traders' exchange, where you can choose your signal provider based on the following parameters: profitability, drawdown, trading strategy.

The page says that investments from Forextime can pay off in just a few weeks. Since the best strategic managers have an annual result of +10000%. This picture looks exaggerated, but in general, you can double or triple the initial deposit if you follow Money Management and do not risk at once all the available amount. Earned real money can be withdrawn conveniently, without commission.

FXTM demo account

To open a demo account, you need to register your cabinet. After entering the contact information and confirmation of the e-mail address, the user gets to the Personal Area with extended functionality. In the personal profile in the section "My accounts" - "Open an account" you need to select the menu "Demo account". This way, the user will be able to test what Forextime is and what trading conditions are offered to clients in reality.

Initial parameters of a demo account:

  • Leverage - 1:1000;

  • Currency - USD/EUR/GBP;

  • Virtual deposit - 1,000,000 (value can be changed).

The conditions state that when trading on virtual money quotes are also supplied by reputable financial centres, and spreads and commission are charged at the level of real accounts. It is possible to trade on DEMO without time restrictions.

Over 2 million people worldwide have chosen a global leader in online financial trading & investment.

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Bonuses in FXTM

Bonuses have always been an integral part of brokerage companies' work. Forextime is not an exception, as all new and existing clients are allowed to participate in the loyalty program. You can get acquainted with the conditions in your personal cabinet in the menu "Promotions". There is no permanent bonus offer for users, but various promotions are periodically held. For example, all registered participants will receive up to 30% of the deposit amount when depositing. But such offers are limited in time - you need to follow them in your cabinet or on the site.

Conclusion

FXTM's geography allows it to cover CIS countries, Europe, Asia and even Australia. Six hundred thousand active clients is an excellent indicator for a Forex operator. Therefore, when choosing a potential broker, popularity and authority will be a crucial factor for many. Since its foundation, the team has been focused on providing trading services with underlying financial assets. Binary options and other dubious lotteries did not taint the reputation.

All about FXTM broker3

 

The current Forextime certificates from the regulators are another positive signal. Therefore, when choosing this brokerage company, a potential trader should focus on essential trading conditions and investment program opportunities.

Advantages of FXTM

  • The authoritative name of a broker in the international arena.

  • High-quality investment program FXTM Invest.

  • Favourable trading conditions with a small initial deposit.

  • Comfortable and multifunctional personal cabinet.

 

The minuses of FXTM

  • The training section is not informative.

  • There is no permanent bonus program.

Refer a friend to earn 50$ each.

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