FXTM review
FXTM review: regulation (FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated…), minimum deposit 200, leverage up to 1:500, platforms and current bonuses.
Trading conditions
- Broker type
- ECN/STD
- Minimum deposit
- 200
- Maximum leverage
- 1:500
- Minimum spread
- 0.0 Pips
- Platforms
- MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad
- Instruments
- Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs
- Account currencies
- USD, EUR, GBP
Bonuses
- No deposit bonus
- No
- Welcome bonus
- 30% First Time Deposit Bonus
- Other promotions
- 30% Forex Deposit Bonus
Accounts and features
- Demo account
- Yes
- Islamic account
- Yes
- Swap-free
- Yes
- Mini account
- Yes
- VIP account
- Yes
- Managed account
- Yes
- Segregated funds
- Yes
- Hedging and scalping
- Yes
- News trading
- Yes
- Mobile trading
- Yes
- Web trading
- Yes
Deposits and withdrawals
- Deposit methods
- Bank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay and More
- Withdrawal methods
- Bank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay and More
Company
- Regulation
- FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated Forex Broke
- Founded
- 2011
- Country
- Mauritius
- Address
- Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius
- Publicly traded
- Yes
- Website languages
- English, Chinese, Indonesian, Vietnamese, Thai, Malaysia, Malaysia, Arabic and More
- Phone
- +44 20 3734 1025, Toll Free: 000800-100-4352, 007 803 321 8183, 003-0813-2643
- Email or Skype
- [email protected]
About FXTM
FXTM (ForexTime) Limited - authorized by CySEC (Cyprus) registration no. 185/12
FXTM (ForexTime) Limited - authorized FSCA (South Africa) registration no. 46614
FXTM (ForexTime) UK Limited - authorized by FCA (UK) registration no. 777911
FXTM (ForexTime) Exinity Limited - authorized by FSC (Mauritius) registration no. C113012295
FXTM pros and cons
Pros
- Regulated by FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated…
- Raw spreads from 0.0 Pips
- Scalping and hedging allowed
- Swap-free Islamic accounts available
- Free demo account
- Trading platforms: MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for…
Cons
- No no-deposit bonus at the moment
- Leverage up to 1:500 magnifies losses as well as profits
- Conditions and bonuses can differ by regulated entity
FXTM FAQ
Is FXTM a safe and regulated broker?
FXTM was founded in 2011 and is regulated by FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated Forex Broke. Client funds are held in segregated accounts. Your protection depends on which FXTM entity opens your account.
What is the minimum deposit at FXTM?
The minimum deposit at FXTM is 200. Payment providers may set their own minimum amount.
What is the maximum leverage at FXTM?
FXTM offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.
Does FXTM offer a no deposit bonus?
No. FXTM does not currently offer a no deposit bonus. It offers a welcome promotion: 30% First Time Deposit Bonus. See our forex no deposit bonus list for brokers that do.
Which trading platforms does FXTM offer?
FXTM supports MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad. Mobile trading is available.
Does FXTM allow scalping, hedging and news trading?
Yes. Scalping and hedging are allowed, and news trading is allowed.
Does FXTM offer an Islamic (swap-free) account?
Yes. FXTM offers swap-free Islamic accounts with no overnight swap charges.
Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.
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