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FXTM can be summarized as a credible and trusted broker that is very competitive in terms of its trading fees and provides forex calendar plus offer daily trading webinars.
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website you agree to our Terms of Service.
Overall, FXTM can be summarized as a credible and trusted broker that is very competitive in terms of its trading fees (against major currency pairs) and offer daily trading webinars. Their spread is also very low and is considered a low-risk trading environment. FXTM is considered safe as it is regulated by the Financial Conduct Authority (FCA), UK.
Broker’s Name
ForexTime
Overall Rating
4.8/5
Headquartered
Cyprus
Year Founded
2011
Regulators
CySEC, FCA, FSC, FSCA
Countries not accepted for trade
The United States, Mauritius, Japan, Canada, Haiti, Suriname, North Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus, Hong Kong
Islamic Account (Swap Free)
Yes
Demo Account
Yes
Maximum Leverage
1:2000
Minimum Deposit
$10
Crypto
Yes
Account Activation Time
Less than 24 Hours
Deposit Options
Withdrawal Options
Platform Types
MetaTrader 4, MetaTrader 5, FXTM Trader
OS Compatibility
Web browsers, Windows, MacOS, Linux, Android, iPhone, tablets, iPads
Tradable assets offered
CFDs on commodities, CFDs on indices, Spot Metals, Stock CFDs, Stocks, Forex
Base Currency
USD/EUR
Languages supported on Website
18 languages including English, French, Polish, Spanish, Italian, Chinese, and more…
Customer Support Languages
18 languages including English, French, Polish, Spanish, Italian, Chinese, and more…
Customer Service Hours
24/5
Good for Beginners
Good for Experts
Copy Trading
Bonuses
Regulations and Safety
Low Spread
Low Commissions
Negative Balance
Protection
$10 Minimum
Deposit
Unlimited
Leverage
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. It is important that you do not trade any money that you can’t afford to lose because regardless of how much research you have done, or how confident you are in your trade, there will always be a risk of loss.
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