FXTM Reviews and Comments written by Real Forex Traders

FXTM’s clients, like the global markets, are always in motion. You can open and close positions in seconds, access live currency rates, manage your trading accounts, and stay one step ahead of the markets with FXTM’s modern and intuitive forex trading app. MetaTrader 5, sometimes known as MT5, is MetaQuotes Software’s latest and most powerful online trading platform. Trading on MT5 with FXTM provides you with even more access to financial markets, including foreign exchange, commodities, indices, stocks, and futures.

fxtm review

The demo account is an extremely powerful educational tool that lets you trade using virtual money to avoid risking any real funds. Demo accounts can also be invaluable to traders developing and testing a trading strategy. FXTM offers new traders excellent educational resources that include live online webinars and local seminars, videos and tutorials. You can also get free access to one of the best learning tools available for any forex trader — a demo account.

So we teach you how to design and plan your own strategy for better trading experience. FXTM is here to retrace and help you recover your lost confidence in https://broker-review.org/ forex market. It is the only forex trading company that can give you that money, wealth you have craved to have but yet little time spent with no work done.

How to Read Forex Charts

Newcomers to foreign exchange trading will appreciate ForexTime’s vast library of educational resources. Here, you can explore ebooks, forex trading webinars, and glossaries of common forex trading terms. ForexTime also releases weekly market analysis videos filled with expert advice about new trading strategies.

  • This is likely because it is not regulated here, and cannot process payments.
  • Advantage Account – cheapest account type offered by FXTM with average commission of $0.40 – $2 based on volume and spreads from 0.0.
  • We are pleased to see that you are satisfied with the work of our services.
  • They cover a wide range of subjects for traders of all skill levels, such as trading techniques, trading tools, technical analysis, and more.

There are swap-free options available on all FXTM accounts. The main approach of FXTM is to be a client oriented broker, looking after the trader’s funds, education and well being. FXTM have a solution to meet your style of trading and needs and provide outstanding service. As the FXTM platform isMT4 or MT5 software both offer various versions available either as WebTradingplatforms or as an app that can be installed on any mobile device. FXTM is very flexible offering different account types depending on the instrument and stocks you wish to trade with FXTM. While the excellent trading costs and transparency stand out at FXTM, I also like the proprietary copy trading platform, FXTM Invest.

What funding options does FXTM offer?

I’m currently victim to depositing money into a trading account I can’t get back. Due to the fact that the bank I transferred money from does not accept payment from FXTM. Also the fact they African local solution is under maintenance when you need to withdraw. We are kindly bringing your attention to the fact that we are a Client oriented Company.

I know that this is a usual staff in this area, but it started to bother me very much. Then I changed the manager and everything worked out for the better. I realized that the main thing is not to be afraid of such changes. Something very strange happened overnight with my account that had over $305k that suddenly went away.

The FXTM platform also enablesautomated tradingwhich is the execution of orders automatically based on traders you follow. Via the desktop MT4 and MT5 software included are risk management tools, as well as trading indicators –Pivot points strategyandtrading signals. Along with calculators that are designed to bridge the gap between new and existing traders. FXTM offers a wide range of markets and many account features amongst the best industry brokerage providers. Always consult with customer service to confirm, as various geographic locations may apply slightly different terms.

fxtm review

FXTM promote a Forex Contest, which is held regularly and is one of the best ways to test your strategy, polish your trading skills and build confidence. The contest is available for entry across both Demo and Live accounts and is an ideal way for both experienced and “fresh” traders, to grow in the business. Generally, FXTM offer tight floating spreads whileStandard MT4 spreads start from 1.6 Pips and from 0.1 pips for ECN accounts available on both platforms MT4 or MT5, FXTM add on a commission charge per order. Always make sure to activate your trading account under the entity you will trade as FXTM accounts may vary slightly between Forextime Limited, ForexTime UK or Exinity Limited. In this FXTM review we will focus on Forextime limited so trading conditions are clear.

If there is a way i want fxtm to close…

Therefore, this broker can be suitable for all types of trading strategies, including scalping. RoboForex also provide zero pip fxtm review spreads and charge a similar commission fee. The advantage they have is that they offer over 12,000 financial instruments.

fxtm review

FXTM make it simple and straight forward to fund your account with multiple options that exist to deposit and withdraw from your account. Once your account is activated and processed you can deposit funds. Trading is risky, correct leverage should be applied by instrument, as it may increase your potential for loss. Therefore, FXTM leverage is determined by various controls and set primarily against regulatory requirement your region. Regulation is most important to ensure safety of funds for investors of all levels. Unregulated entities provide a high potential to lose all funds.


Micro requires a minimum deposit of only $10 or a currency equivalent, while the other two account types require a minimum deposit of $500. I highly recommend the commission-based option as trading costs remain among the best industry-wide, while both commission-based accounts charge relatively expensive fees. FXTM offers an impressive product portfolio of spot metals and CFDs of popular asset classes such as forex, commodities, indices, and stocks. You can choose from over 250 trading instruments to trade on popular and user-friendly trading platforms from MetaQuotes (MT4 & MT5). The ease of several funding options, tight spreads, and commission fees make FXTM a top broker to consider. You can trade forex with major, minor and exotic currency pairs to take advantage of a currency’s increasing or decreasing value.

How to open your account

If i deposit dollars, I should be able to withdraw dollars. Why accept all payment options and and limit withdrawals to just local bank transfer which happens to be in only the Naira currency and at a lower rate than the current exchange rate. I have been using this broker for the past 3 years, I have not had any issues with them. Though I have not made any profit because I’m still not yet a Pro. Great customer service, super fast deposit and withdrawal service.

I recommend checking them to determine the most convenient and cost-effective solution. Processing times also vary based on method and rank from instant to ten business days. FXTM’s support of clients using the popular MetaTrader 4 and 5 (MT4&5) platforms gives many traders a familiar and sophisticated trading interface that they can begin using immediately .

We can assure you that we always act with our clients’ best interests and are continually striving to provide the best possible support. The Company does not interfere with Clients’ trading activity, nor does it manipulate the prices received from its Liquidity Provider. Please specify what difficulties you have faced when making a withdrawal by emailing us to We will be glad to check the information and provide you with a response. It’s taken literally 3 months to get my documents processed…every day for 5 days I’ve logged on to talk to customer service so I can withdraw my funds due to a family emergency…

Absolutely, the brand FXTM is a legit broker, trading under the forextime ltd and Exinity limited entity. Both entities and the brands that it serves are authorised and regulated by top tier global jurisdictions. FXTM boasts a strong community of traders with more than 750,000+ active accounts trading, numerous incentives and has gained numerous awardsforexcellence in trading.

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. Trading withFXTMwill involve fees from $0.4 USD, Spreads from 0.0 Pips, and commission-free trading depending on the account traders select. Overall, FXTM can be summarised as a trustworthy broker that provides Contracts for Difference and low spreads on 250+ trading instruments. FXTM is regulated by one tier-1 regulator , two tier-2 regulators , and one tier-3 regulator.

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