Forex Trading

FXTM Broker Review 2023

Additionally, clients can make use of MT4 forex trading indicators such as the pivot point indicator, spread indicator and the real-time day bar info indicator. Traders under all global entities benefit from negative balance protection and segregated client funds. It is also worth noting that CySEC and FCA are highly regarded authorities, meaning FXTM has to demonstrate a high level of financial accountability and fair, transparent and honest trading. For many retail clients worldwide, this is the go-to platforms for trading, with an excellent reputation. And after the platform, we are confident it is suitable for new and experienced investors.

Similar to MT4, this proprietary app is offered in both iOS and Android formats. FXTM withdrawals can be made via the same payment methods as deposits. All transfers are processed during standard business hours, Monday to Friday, although the time to receive fxtm broker funds back to the original account will vary. FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform. Between 74-89% of retail investor accounts lose money when trading CFDs.

fxtm is a great company that offers…

Headed by FXTM’s head of education, Andreas Thalassinos, the broker’s webinars cover a wide range of education and analysis topics to help traders make money in the markets. This financial market is now more accessible than ever, as technology allows traders to buy and sell stocks anytime, anywhere. Day traders can invest in 1000+ instruments including forex, commodities, indices, and stocks.

  • The FXTM App allows you to keep the markets at your fingertips with over 250+ instruments to trade.
  • I hope they resolve whatever issues they have in order to regain the trust of their customers.
  • We do not provide financial advice, offer or make solicitation of any investments.
  • The ForexTime FXTM platform remains one of the best forex trading apps available today.
  • You can, however, trade all the major markets offered by FXTM directly from your charts in the MT5 platform and access several exclusive features that we go over below.

This service is registered and regulated in the UK, South Africa, and Cyprus but does not serve customers in the USA, Canda, Japan, or a handful of other countries. Due to a migration of services, access to your personal client area is temporarily disabled. An alternative Alpari website offers services that are better suited to your location. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

Whether you’re an Android or an iOS fan, you can keep on top of every trade by downloading the MT4 and MT5 apps straight onto your phone. Hi Amos, FXTM does not currently offer a bonus program with your deposit when founding your account. FXTM have multiple business entities, regulated by multiple financial authorities. When trading on an FXTM Pro Account, you can be assured that you’ll never be re-quoted or charged a commission.

Register and open a trading account. Spreads from zero is just the start.

This account offers the flexibility of FXTM MT4 and MT5 platforms and broader spreads than the Advantage Account. Trading in major Forex pairs with variable leverage is possible on the MT5 platform, as is trading in stocks as CFDs. This review of FXTM offers valuable insights for forex traders, providing an in-depth evaluation of a reliable platform. The review provides comprehensive details on the platform, making it a valuable resource for those seeking reliable trading options.

Trading with an ECN account results in a better rate thanks to a reduced average percentage in point (pip) values but requires a higher minimum deposit amount. FXTM Pro ECN accounts, for example, only offer super low spread values if a balance of 25,000 USD/EUR/GBP is maintained. The broker works very hard to offer you helpful, skilled and multi-lingual trading and technical support, always on hand to assist you with your questions. Customer support is provided via online chat, telephone and email. You also get your own account manager who is on hand to assist and offer personalised support.

Top 3 Alternatives to FXTM

This virtual trading app provides the ideal environment in which to learn more about how foreign exchange markets operate. The ForexTime FXTM platform remains one of the best forex trading apps available today. Users who are able to meet the deposit minimums required to open an ECN account will receive highly competitive rates and avoid any limits on order volume. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Assets & Markets

It equips traders of all levels to succeed in the financial markets. So FXTM Broker is a trusted forex broker with account options and features for all traders. FXTM provides trading accounts for both inexperienced traders and more seasoned investors. Discover which account type matches your trading goals and strategies. The FXTM standard account offers a wide range of features and benefits to all levels of traders.

The brokerage has been recognized with 25+ industry awards since it launched over a decade ago. Response times were quick, with an initial response to a live chat query made via the website followed up within two minutes. While using FXTM’s educational materials, we were pleased with the clarity and ease by which you can follow the content.

We aim to help you find the best broker according to your own needs. With so many different definitions for traders to learn, FXTM have compiled a vast glossary of terms and definitions that is freely available on their website. Contact our Customer Support team who will be more than happy to answer your questions.

You should consider whether you can afford to take the high risk of losing your money. At Atomiq Consulting we leverage our extensive knowledge and industry experience to provide a solution that can help your brokerage rapidly increase its bottom line. Whether you are looking to outsource forex support, or just focus on sales, we are confident that we can find a solution to accommodate your needs. We do our best to constantly improve our customer service so our clients always get the absolute best! Please do get in touch with us at any time if you need any assistance. Compared to its predecessor, meta-trading MT4, meta-trading MT5 boasts improved speed and power in its back-testing capabilities for automated trading algorithms.

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