FXTM — Forex Broker Rating and Review 2020

FXTMFXTM website
Status
Regulation CySEC, FCA, IFSC
Trading software MetaTrader4/5, MT4 MultiTerminal, WebTrader
Headquartered FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus

The FXTM brand was launched in 2011, 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.


Disclaimer

ForexTime Limited, ForexTime UK and FT Global Limited share the same brand name, FXTM. ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614.  Forextime UK Limited is regulated by FCA with license number 777911. FT Global Limited (www.forextime.com) is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM.

Leverage is offered based on your country of residence, knowledge and experience.

Bonuses and promotions are offered based on your country of residence while terms and conditions apply.

FXTM trading information

WWW http://www.forextime.com/
Address FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus
Headquarters Limassol
Free phone +44 203 734 22 55
24 hour support
Partnership programs
Trust management
Expert advisors
Free education
Bonuses, Promotions
Forex contests, competitions
Trading by phone
Mobile trading
Automated trading
Daily analysis
Demo account
Swaps
24 hour trading
Scalping
Hedging
Digits after the dot in quotes 5
Minimum position size 0.01
Pip spread on majors 0.4-2.4
Spread Type floating
Maximum Leverage 1000
ECN, $ 500
STP, $
Standard account, $ 100
Micro account, $ 10
Popular payment methods Credit Cards, Wire Transfer, PayPal, Bitcoin
Account currencies EUR, USD, GBP, NGN
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
Languages English, Russian, over 18 languages supported
Platforms MetaTrader4/5, MT4 MultiTerminal, WebTrader
Broker type Broker, ECN
Regulation CySEC, FCA, IFSC
Foundation 2011
Bitcoin Forex Brokers

This Broker's Spread is huge! Don't be deceived. While other Brokers charge 2 pis, 9 pips, or 12 pips on GBPNZD for instead, this Broker charges 25 pips. This has been its trend on all trading instruments. Their Spread always double or tripple of others. Yet they lobby themselves through to top 10 in the world. However, in other aspect: trading instruments, trading execution, and more, they are great!

Matthias   29 April, 2020  

Hello! Thank you for your feedback. Please be reminded that spreads on all our instruments are floating and not fixed, so they may change as they reflect the market conditions. FXTM provides a variety of live account types with unique trading characteristics & different spreads, designed for traders of all experience levels and deposit size.

ForexTime   20 May, 2020

Why dusupay withdrawal option is not available after you have made deposit via it?

Vincent   5 March, 2020  

FXTM is great. Many experience withdrawal issues cause they don't understand how withdrawals are done. You are also charged 3% non trading fee if you don't trade. I love FXTM and their support is great.

Zikhona Mavuya   16 January, 2020  

FXTM so far, been so good I have enjoyed the platform as a strategy manager.

Great Vest   28 December, 2019  

Fxtm is a loyal and reliable forex broker you can trust, quick and delicate response, and when you encounter any problems they gladly help you and even give you alternative solutions to your problems, FXTM is a guaranteed broker which doesn't need misunderstandings so you have to be completely honest and straight up facts when you are the account holder and you won't have any problems with this broker ??

Moshidi Gashia   5 December, 2019  

Moshidi Gashia: did you able to withdraw your fund?

Khan   24 December, 2019

Everyone needs to test brokers out for themselves. I'm currently waiting for funds from FXTM. I made a withdrawal 17 days ago, still waiting. Also their customer support is very slow to respond. At this stage I'm sceptical if FXTM really wants you to withdraw any money. It's quite the opposite when it comes to deposits. When I was struggling with a deposit they phoned me immediately and helped me then and there on the phone and made sure the money was deposited. Let's wait and see, I will comment again once / if I get my funds withdrawn. 17 days and counting...

Johan Barlow   29 October, 2019  

Johan Barlow, did you get your money, if so, after how long? I'm having issues getting my money.

Ole   16 March, 2020

I have not been trading here very long - for about a year. Not a very long time but the impression is very positive. Several times withdrew profits. The amounts are certainly not huge but everything was paid out. They do everything very efficiently and competently. Great customer support and willingness to help. Each client has his own approach. Great company recommend.

D0na1d   19 September, 2019  

i opted for a withdrawal using my card 3 days ago, when exactly am i getting my money?

cruise   15 September, 2019  

Hi Cruise, have you been paid your withdrawal by FXTM?

Steve   11 December, 2019

Be incredibly urgent at night, be careful not to spread (30-40-50 ...)

Abdullah   10 September, 2019  

It seemed legit and user friendly in the beginning, but it seems that the FXTM system is manipulated to take trader's money as soon as the trader starts making commission. This is what happened to me: I deposited $ 69, i was trading spot gold and spot silver, they gave me good profit, as soon as i closed the positions, i dicided to check my balance, i couldn't believe what I saw, the sytem placed a position on my behalf with all my money and closed the position quickly duie to stop out. This is hard to believe but this FXTM seems to be a scam.

Frederica   3 July, 2019  

All Reviews & Comments
FXTM Rating and Review

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FXTM Reviews Rating

Reviews Rating FXTM - 5

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