Independent rating of Forex broker FXTM
9/10 (votes 100)
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On-line since
2012
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Country of origin
Cyprus
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Regulation
International Financial Services Commission (IFSC)
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Payment options
Visa, Maestro, and MasterCard bank cards, Moneybookers, Neteller, Western Union Quick Pay
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Minimum account size
unlimited
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Minimum lot size
0.1
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Leverage
1,000:1
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Spreads
from 0.1 pips
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The company has won several prestigious awards from FX EMPIRE such as the most rapidly advancing ECN broker in Asia, the best affiliate program in Asia, and the broker with the best educational program.
FXTM offers trading not only on Forex. It also provides access to trading precious metals, CFDs exchange, exchange of CFDs for EFTs as well as exchange of CFDs for commodity futures.
Trading with FXTM is carried out via the MetaTrader 4 and MetaTrader 5 platforms. The broker equips traders with the following main instruments: the economic calendar, live news feed, margin calculator, currency converter, and market analysis.
Advantages:
- Tight spreads from 0.1 pips,
- Micro- and mini-lots,
- Low requirements for a minimum replenishment of a trading account,
- No Dealing Desk (NDD),
- Expert Advisors,
- 100% rebate of all commissions charged when topping up a trading account.
You can find out more about Forex Time after reading all comments on this retail broker. Please vote for FXTM and make your contribution to compiling a fair Forex rating.
Comments
Positive
Negative
All
Author:
Joseph
Date:
2024-03-05 12:05:54
(UTC+3)
FXTM is not a good broker for investing. Here traders can not make money, because they always go against their clients. Their everything is fake and their service is worse too. So I do not recommend FXTM.
Author:
Busyuq
Date:
2022-06-22 07:21:32
(UTC+3)
FXTM broker is deserved to be called a reliable and recommended broker. I'm satisfied with their services, including the trading platform that they provide, also their excellent support team. I have a mini account, and I'm using the MT4 platform. The platform is working perfectly especially during a volatile market. The most favorite part is they have low-cost trading and they don't take a hidden commission. So I don't need to worry to trade with FXTM.
Author:
Bertho
Date:
2022-02-11 01:45:42
(UTC+3)
FXTM allows market participants to monitor trading operations of professional traders and ask their advice. Besides, newbies can benefit from automated copying of experienced traders’ deals. I have been dealing with Interactive Brokers for 10 months now, I can not say anything bad about this broker. Their platform is also excellent, I have notice that the pricing on the platform updates before any broker, no latency. Two months ago I have withdrew $750 from my profit using Neteller and my money comes to my account within same day. I'm sure they are better than most of brokers in market.
Author:
Karloz
Date:
2021-09-17 05:25:11
(UTC+3)
I traded with FXTM for more than a year. I just had to close my account due to an emergency. Thankfully, the broker released my money right away and there we no complicated procedures anymore.
Author:
Greyson
Date:
2021-06-18 02:56:06
(UTC+3)
I always trade FXTM. It works very great. They provide good service at all. Option fair offers low spreads, fair leverage, and multiple account options that suits your needs. I trade with them on ECN account and I started to trade about 4 months ago. It's very easy as long as you follow instructions, nothing difficult at all. They always see to it that they satisfy their clients. They giving me a n excellent service. I haven't got any slipage problem with them.
Author:
Aiman
Date:
2021-05-27 08:11:27
(UTC+3)
Dealing with FXTM is worthwhile. I have been trading with them for almost a year now and my trading experience is nothing but pleasant. I am always able to make my trades without any problem and the spread is really tight.
Author:
Chaiden
Date:
2021-02-18 01:54:29
(UTC+3)
During a trading session I trade currency pairs : USD/CAD, USD/CHF, USD/CZK, USD/HUF, and USD/JPY. My first deposit was $500. For deposit and withdraw I use the system Neteller which has the lowest commission for withdraw, and no commission for deposit. I used also the bonus 40% Welcome Bonus when I opened my account. Their platform MT4 works fast in execution, I didn't had delays or crazy spreads. They also have a wide range of services which I like the most. I enjoyed the bonus they have given me and they have kept their promise to me.
Author:
Warren
Date:
2021-02-01 05:58:51
(UTC+3)
It was 2018 when I started an account at FXTM and until now, I am still trading comfortably with them. This broker has amazing trading services. Their platforms are all working excellently and they are not greedy when it comes to trading fees. The fees are reasonable and they even provides rewards occasionally.
Author:
RaduChichi
Date:
2020-12-13 13:15:25
(UTC+3)
FXTM broker's service isn't reliable, as the Captrader platforms didn't execute my orders via EA. As their price quote far forms the real market price quote. I've set a paid EA on the platform, but EA didn't run. Therefore I've lost $100 and afraid of investing with them. I say trading is so risky with an EA on the FXTM platform.
Author:
Trimotius
Date:
2020-10-22 02:42:32
(UTC+3)
I have Standard account in USD/EUR/GBP currency with FXTM for over a year now and I am please with their services. For standard account the spreads are fixed, on EUR/USD is 2.0 pips, and for pairs like GBP/USD up to 2.5 pips. It has low spreads . The platform is user-friendly and Customer support is very helpful. So far my experience with FXTM has been a great I had no problems with withdrawal. Last month, I deposited $2000 and received $945 matching bonus. Last week, I withdrew $700 from my profit, and then, the money came to my account in a short time with 5 hours. I will keep trading with them.
