FXTM Review 2024

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Nominated in	Best Forex Broker Africa Best Mini Account Provider
Founded	2011
Regulation	CySEC, FCA, IFSC
Standard account	$100
Leverage	1:1000
Spread	0.4-2.4
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Written by Stephane Dubois

Reviewed by Sandro Pontedra

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FXTM General Information

The FXTM brand was launched in 2010, with a unique vision to provide unparalleled trading conditions and all-encompassing educational tools for clients in the forex industry. In the course of just a few years, FXTM has firmly established itself as a global broker; basing its entire philosophy around the most precious commodity of all: time.

By valuing the time of its clients, business partners, and team of dedicated professionals, FXTM ensures that its trading and investment products and services are efficient, effective, and reliable. Boasting one of the most expansive and detailed educational centers in the business, this client-centric broker is passionate about empowering its clients with trading knowledge so that they get the most out of their trading experience. With multiple industry awards under its belt already, including a total of seven just in 2015, FXTM continues to grow and build respect as a major leader in the industry.

FXTM joins forces with twice world champion, BASE jumping legend and Red Bull Athlete, Valery Rozov, who successfully sets a new world record with FXTM’s support. By redefining limits with Rozov, FXTM inspires traders to take their experience to greater heights. Global expansion plans see ForexTime Limited acquiring new South African license in July '16 and the opening of the UK Branch in early 2016.

Through various educational and media-related activities handled by Jameel Ahmad (VP of Corp Development & Market Research), Prof. Andreas Thalassinos (Head of Education) and Hussein Al Sayed (Chief Market Strategist) around the world, FXTM further extends its global presence.

FXTM Performance statistics are verified and published, delivering the highest levels of transparency in terms of trading execution, account opening and funding -with figures checked by PricewaterhouseCoopers Limited (PwC).

FXTM Trading Information 2024

Address	FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus
Support Phone	+44 203 734 22 55
Support e-mail	support@fxtm.com
Trading software	MetaTrader4, MetaTrader5, MT4 MultiTerminal, WebTrader
Free Education	User-friendly, easy-to-read manuals and introductions for beginners and intermediates alike. More experienced traders may also use these guides to refresh their knowledge.
Account Types	Micro, Advantage, Advantage Plus
Support	Main Hotlines Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius Customer Support +44 20 3734 1025 Mon - Fri 24 hours *GMT+3 during Daylight Saving Time
Available Assets	Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spot metals, Cryptocurrencies are only available in FT Global Limited; NGN are only available to Nigerian clients
Currencies	Currency pair trading, also known as FX or forex (foreign exchange), enables traders to take advantage of increases and decreases in a currency’s value. The foreign exchange market is the most liquid in the world, with a daily trading volume of over $5 trillion. Discover the potential benefits of online FX and FX indices trading with a global award-winning broker.
Precious Metals	Trading gold and silver prices is a popular way you can diversify your portfolio, and trading the spot price gives you immediate access to market prices (more on that below). Trade spot gold and spot silver prices against the US Dollar and other major currencies with a global broker today. Choose the Advantage account to trade the price of gold with spreads as low as zero.
Commodities	Trading CFDs on commodities like oil and gas is a great way to diversify your portfolio, and offers you access to those markets without having to purchase the product outright. Whatever your investment goals may be, make the most of today’s market action and start trading popular oil and gas products with FXTM.
Stocks	With FXTM stock trading you’ll get free access to real time price data on US stocks, and hugely competitive subscription fees on Hong Kong stocks, to help you make the most of your investments.
Indices	When you trade indices with an industry-leading broker, you can expect to choose from an industry-leading selection of indices. FXTM offer CFD trading for spot indices on some of the world’s most active securities, meaning that you can choose to buy and sell indices at their spot price to suit you and your trading strategy.
Copy Trading	Copy trading with FXTM Invest. You know that trading financial markets has the potential to be profitable. But you also know it takes a lot of skill and experience, and time spent following the markets. It’s okay! If you’re not feeling up to it yourself, we have the perfect solution. FXTM Invest is an innovative way you can access the opportunities of trading without any technical skills, and the minimum of time. You simply choose to copy FXTM traders (also known as Strategy Managers) who are right for you and make their trading strategies available to follow. We’ll do the rest! Copy trading with FXTM Invest lets you retain full control of your money, and you’ll only pay a fee to your Strategy Manager when they make a profitable trade.
VPS	FXTM is an award-winning broker for a reason — we prioritise our clients’ needs above anything else. This means continuously expanding and enriching our extensive range of products and services to ensure an outstanding trading experience. By collaborating with leading third-party service providers, we’re making this happen. Our eligible clients can host their virtual PCs on our cloud servers, using PCs and mobile devices with Remote Desktop Protocol (RDP). Take a look below to see how VPS trading could benefit you.
Trading signals	At FXTM, we believe that the best trader is an educated one. We analyse and explain the price movements of the global markets, giving traders all the in-depth knowledge they need to make their next move. Keep on top of the latest forex news, including updates on popular currencies such as the GBP, USD and EUR, commodities markets and more from our very own FX market specialists.
Account currencies	EUR, USD, GBP, NGN
Payment Methods	Credit Cards, Wire Transfer, PayPal, Bitcoin
Commissions	The Advantage account is our most popular account for good reason – it applies the lowest costs for your trades! How low? Typically zero spreads on FX Majors, as low as zero spreads on Gold/Dollar, and an exceptionally competitive commission-based structure. On Advantage MT5 accounts, commission is fixed at $4 per lot and doesn't change based on volume and equity, nor the market you’re trading. On our Advantage MT4 account, however, the commission terms are flexible. The higher your equity and the larger your trading volume, the lower the commissions you pay, which is also known as floating commission. This is one of the most competitive commission terms in the trading business.
Languages	English, Russian, over 18 languages supported
Spread Type	Variable
Broker Type	Broker, ECN
Minimum Lot Size	0.01
Digits After Dot	5
ECN Account	500
Mini Account	10
24/5 Trading
Demo account
Daily Analytics
Swaps
Hedging
Scalping
Minus Protection
Mobile Trading
Automated Trading
Cashback
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