FXTM, or ForexTime, is a forex and CFD broker that was founded in 2013. It is headquartered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). FXTM also has offices in South Africa, the United Kingdom, and the UAE.
FXTM offers a wide range of trading instruments, including forex, indices, commodities, and stocks. It also offers a variety of trading platforms, including MetaTrader 4 and MetaTrader 5.
FXTM offers a number of features that make it a popular choice for traders. These features include:
- Competitive spreads
- Low commissions
- Tight spreads
- Free trading education
- A variety of account types
- A wide range of deposit methods
- A multilingual customer support team
FXTM is a good choice for traders who are looking for a reliable and affordable broker with a wide range of features.
Here is a more detailed overview of FXTM’s features:
Competitive spreads
FXTM offers competitive spreads on a wide range of trading instruments. For example, the average spread on the EUR/USD currency pair is just 0.3 pips. This means that traders can keep more of their profits when they trade with FXTM.
Low commissions
FXTM also charges low commissions on its trades. For example, the commission on the EUR/USD currency pair is just $3 per lot. This makes FXTM a cost-effective choice for traders who are looking to minimize their trading costs.
Tight spreads
FXTM offers tight spreads, which means that the difference between the bid and ask prices is very small. This can help traders to maximize their profits on their trades.
Free trading education
FXTM offers a variety of free trading education resources to help traders learn about the forex market and how to trade successfully. These resources include webinars, articles, and videos.
A variety of account types
FXTM offers a variety of account types to meet the needs of different traders. These account types include Standard, Cent, ECN, and Islamic accounts.
A wide range of deposit methods
FXTM accepts a wide range of deposit methods, including credit cards, debit cards, bank transfers, and e-wallets. This makes it easy for traders to fund their accounts in the way that is most convenient for them.
A multilingual customer support team
FXTM has a multilingual customer support team that is available 24 hours a day, 5 days a week. This means that traders can always get help when they need it.
Overall, FXTM is a good choice for traders who are looking for a reliable and affordable broker with a wide range of features.
Here are some additional details about FXTM:
- FXTM is a CySEC-regulated broker. This means that it is subject to strict rules and regulations that protect traders’ funds.
- FXTM has a strong reputation among traders. It has been awarded a number of awards, including the Best Forex Broker for Customer Service in 2020 by World Finance Magazine.
- FXTM offers a wide range of educational resources to help traders learn about the forex market and how to trade successfully.
- FXTM has a multilingual customer support team that is available 24 hours a day, 5 days a week.
If you are looking for a reliable and affordable forex broker with a wide range of features, FXTM is a good option to consider.
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