Review of ForexTime
FXTM Review
Our FXTM review shows that sometimes, a novice is an innovation from a successful entrepreneur, developing into a new market sector with a proven formula of success. This was the case of FXTM (ForexTime), an international broker brand by Andrey Dashin, the creator of the well-established line of forex brokers.
In 1998, and subsequent years, Dashin focused on the development of retail markets on the European and American markets, but his last venture was to capture almost everything. Its formula works because, in a few short years, our FXTM review shows that they received a lot of awards.
Our FXTM review shows that the broker has grown at a fast rate. To support the rapid growth in the number of customers around the world, ForexTime has opened many offices around the world. The chief operations are carried out on the five-story FXTM tower in Cyprus.
This year, the new office opened the door under the FXTM brand in the financial heart of Europe and the commercial capital of the world - London, Great Britain. It seems a natural move for a broker who is growing so successfully.
MyFXTM
Among the many features you will be offered, our FXTM review shows that they have a program called MyFXTM. With it, you will have a personal space where you can access all the services offered to you by FXTM.
Included in this suite are the following features:
- A way to open live and demo accounts
- Access to download trading platforms
- Make deposits and withdrawals easily
- View the FXTM history for your account
- Transfer between accounts is possible
- Access to daily updated conversion rates
- A way to file complaints is available
- You can customize the interface by drag and drop
With all of this in place, you will be able to do so much more from one place.
FXTM Bonus
Our FXTM review finds that they have a welcome bonus that is equal to $30 in tradeable credits. In addition to this, you will also have trading bonuses and rewards. The site claims to offer loyal clients frequent promotions and has instituted a cashback program.
All of these promotions have their terms and conditions that you should read before you decide to sign up for anything that they offer.
Among the well-known promotions out FXTM review found, they offer:
- The big 5K
- The FXTM Loyalty program
That is all there is, at the time of writing this ForexTime review.
FXTM Account Types
FXTM MT4 is available to the traders who use FXTM. The account types you will find here include:
- The standard account
- Cent/micro account
- Shares account
- ECN account
- ECN Zero account
- FXTM Pro account
With each account, you can turn it into a swap-free account if you want to, assuming you are a client who cannot receive interest because of your religion. Aside from the FXTM MT4 provided, you will also be able to use FXTM WebTrader with ease to make sure that if you do not want to install an app, you can still access everything from a browser easily.
FXTM Trading Explained
The product and service offer of the broker is all-encompassing, as our FXTM review shows. Whether you're just starting or an experienced salesman, you'll find everything you need in a comprehensive and easy-to-use broker site. ForexTime is now localized and available in 18 languages and counting.
Simplified processing (STP) is possible, but if you care about popular ECN configuration, they also have the right.
Besides, the FXTM Pro trading account is available. Smart professionals and institutions participate in this professional trade. It has excellent transaction conditions, such as ultra-fast market execution, spread from 0.1 pips, and deep interbank liquidity.
FXTM review research has shown that they have done a lot to get the best for all their customers. If you want to learn about Forex Trading, you can follow this course on forex education.
FXTM Details Overview
| Established: 2011 | Website: https://www.forextime.com |
|---|---|
| Address: Mauritius. | Minimum to Open Live: $10 |
| Regional Offices: Nigeria. | Regulators: Financial Services Commission (FSC) of Mauritius, 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. The company is also registered with the Financial Conduct Authority of the UK with number 600475. |
| Minimum Trade Size: 0.01 | Prohibited Countries: USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, and the Occupied Area of Cyprus. |
| Maximum Leverage: 1:1000 | ECN: Yes. |
| Mobile Trading: Available | Currencies: 55+ |
| Trading Platforms: MT4, MT5, and WebTrader. | Cryptocurrencies: 4. |
| Robots: Available. | CFD: 190+ including Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities. |
| Scalping: Allowed | Web Trading: Available |
| Deposit Methods: : Bank Wire, VISA, MasterCard, Alfa-Click, Bitcoin, CASHU, Dash, DixiPay, DusuPay, Ether/Ethereum, FasaPay, Globe Pay, Konnexone, Litecoin, Local Bank Transfers, Maestro, Neteller, Ngan Luong, PerfectMoney, Qiwi, Skrill, VLoad, Yandex Money. | Withdrawal Methods: Bank Wire, VISA, MasterCard, Alfa-Click, Bitcoin, CASHU, Dash, DixiPay, DusuPay, Ether/Ethereum, FasaPay, Globe Pay, Konnexone, Litecoin, Local Bank Transfers, Maestro, Neteller, Ngan Luong, PerfectMoney, Qiwi, Skrill, VLoad, Yandex Money. |