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FXTM Review | FXTM MT4 Broker
FXTM MT4 Broker
FXTM MT4 Broker | FXTM offers today also Trading in Forex. After Currencies, CFD’s and Indices they have catered to the wishes of their traders and added this cryptocurrency among others.
FXTM MT4 Forex Broker | ForexTime is also known as FXTM, founded by Andrey Dashin (formerly Alpari) in December 2012 and the founder is also connected with Alpari company.
The company is headquartered in Limassol, Cyprus and is regulated by the Cyprus Securities and Exchange Commission. The company is also a member of the Investor Compensation Fund (ICF). Regulated by CySEC, Governed by MiFID.
FXTM MT4 Broker is one of the fastest-growing forex brokers in the last couple of years. The company won several awards.
You can choose whatever tools you want for trading like Forex, Commodity Futures, CFDs on Metatrader4/5, iPhone and Android. You can open your account in 5 live account types.
FXTM MT4 Forex broker is an honest broker with good trading conditions for Forex these conditions including:
-Tight spreads from 0 pips
-Fast execution
-Micro and mini lots
-Floating leverage up to 1:1000
-Low minimum deposit
They offer several specific tools for trading that every trader has access to, like economic calendars, news, events reminder, analysis and many important things for the trader.
You can make a deposit or withdraws with Debit Card, Skrill, Payza, Western Union and many other options.
The spread can be in 3 different types:
- FXTM Standart,
- FXTM Fixed spread,
- FXTM Cent.
FXTM TRADING PLATFORMS
FXTM MT4 Broker offers both MT4 & MT5 of MetaQuotes . These platforms are available in web desktop and mobile versions. Both Android an iOS versions of the mobile platform is available. All platforms are regularly updated keeping pace with any regulatory requirements.
Although the MT5 is regularly updated with all the advanced features most client still prefer to use the MT4 platform actually most traders still do. MT4 comes with plenty of technical indicators, numerous Expert Advisers (EAs), plenty of charting and extensive testing environment. Moreover, the ease of use makes MT4 ideal for beginners.
You have the Forex VPS service for those clients who want to automate their trading strategies and go for Expert Advisors feature. Technical traders can use trading Central technical analysis tool, which is available free. FXTM Invest is a copy trading solution from FXTM.
FXTM Account Types
You can be an experienced trader or new to the forex trading industry, small depositors or large, they offer the basis for the traders creating a solid brokerage that offers what you require in order to trade properly. The people there are well enough educated thus are able to actually help you with your trading support
You can open an account in different types with FXTM MT4 Broker :
-
- Standard Accounts with 3 different choose (Fixed Spread Account, Standard Account, CENT Account (Micro lots)),
- ECN Accounts(ECN MT4 Account, ECN MT5 Account,
- ECN ZERO Account (No commission)).
FXTM MT4 Broker Details
| Broker Details | Info |
| Regulated By | CySEC, IFSC |
| Headquarters | Cyprus |
| Foundation Year | 2011 |
| Publicly Traded | No |
| Number Of Employees | 200 |
| Contact Information | Tel:+357 2 555 8 777 |
| Web:https://www.forextime.com/eu | Email:info@forextime.com |
| Account Type | Info |
| Min. Deposit | $5 |
| Max. Leverage | 1:1000 |
| Mini Account | Yes |
| Demo Account | Yes |
| Islamic Account | No |
| Deposit Options | Credit Card, Neteller, QIWI, Skrill, Webmoney, Western Union, Wire Transfer |
| Withdrawal Options | Credit Card, Neteller, QIWI, Skrill, Wire Transfer |
| Trader Level | Yes/No |
| Beginners | Yes |
| Professionals | Yes |
| Scalping | Yes |
| Day Trading | Yes |
| Weekly Trading | Yes |
| Swing Trading | Yes |
| customer service | Yes/No |
| 24 Hours Support | Yes |
| Support During Weekends | Yes |
| Customer Support Languages | Arabic, Chinese, English, Italian, Russian, Spanish |
| Instrument Type | Yes/No |
| Forex | Yes |
| Commodities | Yes |
| CFDs | Yes |
| Indices | Yes |
| ETFs | Yes |
| Stocks | Yes |
| Bonds | No |
| Cryptocurrencies | Yes |
| Service | Info |
| Supported Trading Platforms | MT4, MT5 |
| Commission On Trades | Yes |
| Fixed Spreads | Yes |
| Educational Service | Yes |
| Trading Signals | Yes |
| Email Alerts | Yes |
| Trailing SP/TP | No |
| Automated Trading | Yes |
| API Trading | Yes |
| Has VPS Services | Yes |
Main competitors
Main competitors
LegacyFX | XM.com | FP Markets | XTB | FX Open | Markets | Profit Trade | FXTM | HYCM
The Review
FXTM Review
FXTM MT4 Broker is one of the fastest-growing forex brokers in the last couple of years. The company won several awards. You can choose whatever tools you want for trading like Forex, Commodity Futures, CFDs on Metatrader4/5, iPhone and Android. You can open your account in 5 live account types. all in all a decent Brokerage
PROS
- Metatrader 4 & 5
- FCA & CySEC Regulated
- Tight Spreads
- Low Initial Deposit
CONS
- Only Metatrader Based Platforms
- No US Clients
- Limited Cryptos