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 is a terrible broker, their spread charge as most traders have said of this world. It very very very high and abnormal. Their spread charges alone can make you loose your trade, people have been complaining about their spread charges for years now and their have refused to reduce it. Fxtm is your enemy, the company doesn't want your progress in trading. Do not open an account with them, currently now their GBP/NZD spread is over 25pips, imagine that, their spread charges are always X3 or X2 of other brokers. Don't trade with them, save yourself the headache. If there is a rating less than zero, I'll give them that over and over again. If you want to try them out after reading my post, good luck to you, cus you'll be needing it.
David 20 September, 2020 Reply
Hello David! We always act with our clients' best interests at heart. Please be reminded that spreads on all our instruments are floating, so they may change as they reflect the market conditions. This means that spreads can either be lower or higher than the typical values stated in the contract specifications page on our website. Kindly also note that during periods of low liquidity such as rollover or market opening/closing or during important news announcements where increased volatility is expected, spreads may increase significantly from their average level. It is incorrect to compare prices of different broker as each one has its own set of liquidity providers, hence the prices will not be the same. Since we only transmit the quotes we receive from our liquidity providers, we cannot influence the values of spreads on the trading instruments. Kindly note that FXTM provides a variety of live account types with unique trading characteristics & different spreads. Designed for traders of all experience levels and deposit size, our live accounts give our clients the opportunity to choose the one that suits their requirements and investment objectives.
FXTM 24 September, 2020