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FXTM Reviews Read Customer Service Reviews of forextime com

fxtm broker reviews

FXTM traders are well-protected against theft of funds or data, though always be cautious when it comes to sharing personal information on the internet. Additionally, clients can make use of MT4 forex trading indicators such as the pivot point indicator, spread indicator and the real-time day bar info indicator. Traders under all global entities benefit from negative balance protection and segregated client funds. It is also worth noting that CySEC and FCA are highly regarded authorities, meaning FXTM has to demonstrate a high level of financial accountability and fair, transparent and honest trading. When trading with FXTM, you can deposit in USD, EUR and GBP, though global entities also accept PLN, CZK and NGN.

fxtm broker reviews

About a month ago I joined the platform…

Response times were quick, with an initial response to a live chat query made via the website followed up within two minutes. Our experts found you can access unlimited virtual funds with flexible leverage in a simulated environment. FXTM investors should feel confident that trading opportunities are not halted while on the move. MetaTrader 4 offer a mobile-compatible app, available for free download to iOS and Android (APK) devices.

  1. MT4 can be accessed via desktop, web, and Android/iOS mobile devices.
  2. Traders under all global entities benefit from negative balance protection and segregated client funds.
  3. With features like real stocks and a dedicated account manager, clients with a ‘hands-off’ or long-term approach to the markets can find a suitable home at FXTM.
  4. Traders who make transactions using a currency other than their account base will incur costs for currency conversion.
  5. This ensures that you have an amazing and more importantly, a «secure» trading experience with us.FXTM is on your side, Nitin and we wish you Happy Trading!

Can I use e-wallets for deposits and withdrawals with FXTM?

The choice of commodities and index CFDs is limited, but the overall selection of trading instruments is competitive. I also like that Forextime offers 639 stocks for direct investments, albeit only US-listed ones. Overall, the tradable assets at FXTM will best suit Forex and US equity traders. FXTM offers trading on more than 50 major, minor and exotic currency pairs. The broker offers competitive dealing spreads on most pairs, and you can access advanced signals and expert advisors through the MetaTrader platforms.

Currency Conversion Fees

fxtm broker reviews

FXTM users who utilize MT5 gain access to additional periods, indicators, and advanced charting tools ideal for conducting comprehensive market research. Therefore, it is a valuable instructional tool that assists novices entering these markets https://traderoom.info/fxtm-what-a-trader-is-in-for/ in gaining the practical experience needed before confidently venturing into full-scale trading activities. FXTM ensures the safety of client funds by segregating them from operational money and placing them in leading financial institutions.

fxtm broker reviews

What Can I Trade

FXTM has a good range of trading platforms and accounts, so no matter what type of trader you are, there is a package that is suitable for your needs. Also fees are, on average, in the low to medium range vs alternatives. FXTM maintains 60 currency pairs, 8 commodities, 21 index CFDs, 802 equity CFDs, and 639 US-listed stocks.

Proprietary Mobile Platform

They analyse price movements based and technical and fundamental analysis across a range of global markets. The Market Analysis team are regularly quoted in major international publications, including BBC, CNN, CNBC, Bloomberg, The Wall Street Journal, Financial Times, Reuters and Forbes. I found these to be really insightful and they helped me become aware of some market event that I may have otherwise overlooked.

We were offered a free pip calculator and profit/margin calculator when we traded with FTXM, alongside expert market analysis. FXTM processes most withdrawals within 24 hours, but it may take up to five business days for clients to receive their funds, dependent on the payment processor. Most online https://traderoom.info/ payment processors will credit accounts instantly after FXTM has completed the withdrawal. The costs depend on the account type, asset, and trading volume, where the commission-based option features the lowest trading costs starting from $4.00 per 1 standard lot in the EUR/USD down to $0.80.

FXTM provides you with the keys to trade the forex market 24/5 on the most popular major, minor, and exotic currency pairs. Forex is the world’s most liquid market, with over $6.6 trillion traded every day, providing potential profit chances. They also host various Demo and Live trading competitions that have substantial cash prizes. Customer support is available 24/5 via phone, live chat, mobile apps and email. As per regulatory requirements, all client funds are held in segregated accounts at established European banks. In addition, as a CySec regulated broker, FXTM is a member of the Investors Compensation Fund for clients of Cyprus Investment Firms (CIF).

Beyond trading forex, you can also trade commodities, indices, stocks, and crypto assets through FXTM as CFDS. There are a handful of assets, between 2 and 5 available in each of these categories outside forex. You can reach them via telephone, live chat, social channels, and via various mobile apps including WhatsApp, and Viber.

The solution also provides optimal connectivity with minimal order delays. While using FXTM’s educational materials, we were pleased with the clarity and ease by which you can follow the content. The variety of formats also means that there is something suitable for everyone. Remember to check the terms and conditions of promotions and contests before getting started – challenging minimum thresholds and requirements may be set.

Users who are able to meet the deposit minimums required to open an ECN account will receive highly competitive rates and avoid any limits on order volume. FXTM’s three non-ECN accounts are the Standard, Cent, and Shares accounts. Cent accounts work in a balance of cents rather than dollars and have a tiny minimum deposit amount of $10.

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