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Score

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/10
The WikiFX Score of this broker is reduced because of too many complaints!

FXTM

United Kingdom|10-15 years| Benchmark AAA|
Market Making(MM)|MT4 Full License|Global Business|Suspicious Overrun|High potential risk|Offshore Regulated|

https://www.forextime.com?utm_source=fxeye.com&utm_medium=display&utm_content=fxeye_propage_en_hp&utm_campaign=hp&utm_term=na&utm_blocka=mediabuy

Website

Rating Index

Benchmark

Benchmark

AAA

Average transaction speed (ms)

372.5 Good

MT4/5

Full License

ForexTimeFXTM-ECN2

Cyprus
MT4
10

Influence

AA

Influence index NO.1

Kenya 8.12
The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

Speed:AA

Slippage:A

Cost:AA

Disconnected:AAA

Rollover:B

MT4/5 Identification

MT4/5 Identification

Full License

10
Server Name
ForexTimeFXTM-ECN2 MT4
Server Location Cyprus

Influence

Influence

AA

Influence index NO.1

Kenya 8.12

Surpassed 11.13% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+44 20 3734 1025
support@fxtm.com
https://www.forextime.com?utm_source=fxeye.com&utm_medium=display&utm_content=fxeye_propage_en_hp&utm_campaign=hp&utm_term=na&utm_blocka=mediabuy
5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius

Licenses

VPS Special
+100%
2*CPU
2G*RAM
60G*HDD
2M*ADSL
※ FXTM Real Accounts Only ※
Free

Disclosure

More

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
FXTM
Brokereo
MRG LTD

Danger

MY SCM
2021-01-01

Contact number

English

+44 20 3734 1025

English

+62 7 803 321 8183

English

+234 1 460 1586

English

+254 207 640 415

Broker Information

More

Check whenever you want

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WikiFX Risk Alerts 3
Previous Detection : 2024-05-18
  • The number of the complaints received by WikiFX have reached 35 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 46614)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

FXTM · Benchmark
Average transaction speed(ms)
372.5 Good
The highest transaction speed(ms)
31 Perfect
The highest speed of opening positions(ms)
32 Perfect
The highest speed of closing position(ms)
31 Perfect
The lowest speed of opening positions(ms)
1985 Poor
The lowest speed of closing position(ms)
1953
Ranking: 2 / 134
Test user 5,019
Orders 32,249
Ocuppied margin $23,724,217 USD
Data Source WikiFX Data provide
Updated: 2024-05-17 01:05:SS

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Others

Communications with customer service are useless

After the loss of 4,683 US dollars, the platform deleted the RMB deposit link, resulting in the inability to deposit funds through online banking. The amount of loss in transaction record data is changed to withdrawal. Background management lacks realistic results, resulting in inability to correctly count the specific circumstances of losses.

2022-07-07 14:38
Scam

Unethical Practices and Legal Violations

ForexTime's blatant disregard for Indian legalities is appalling. Despite being deemed illegal in India, they persist in servicing Indian clients, jeopardizing their safety. I've lodged a complaint with the Ombudsman of Mauritius, urging swift action to suspend their FSC Mauritius license unless they cease Indian operations immediately. This unethical conduct must not go unnoticed; I urge everyone to think twice before engaging with Forextime. Is offering services in a banned country ethical or unethical? It's unequivocally unethical. Explicitly stating non-compliance with Indian laws on their reply to my email while profiting from Indian residents is audacious . Anyone can check the official website of the Reserve Bank of India to verify it's illegal status. My account closure is a result of my complaint against Forextime to the Financial Services Commission, Mauritius. They engage in illicit practices by accepting deposits through local Indian banks, a clear violation amounting to money laundering. Registering with them poses a significant risk, as they might shut down at any time, leading to the loss of your funds. It's highly requested to not sign up and fall for a dubious platform.

2024-01-06 10:30
Unable to Withdraw

cannot withdraw

Be Aware ! especially for asian people. you cannot depo using bank transfer and fxtm force you to use visa/master debit/credit card. When you try to wd, your payment option will not available, and they ask for bank statement that include your car with transaction to fxtm which will not available if you use visa debit. STAY AWAY FROM THIS BROKER !!

2021-12-24 08:03
Others

15,000 USD was stolen from my account, please compensate me for the loss.

On the afternoon of March 5, 2023, I suddenly received 5 text message reminders that the withdrawal was successful. I thought it was a joke, so I went to the toilet with a smile. Thinking that something was wrong, I quickly logged in to the account. All the funds in the account were suddenly transferred to Fu. I opened my USD wallet and was withdrawing money like crazy. I quickly changed my password and I was still withdrawing money during the modification process. Since I didn’t leave the account manager’s phone number at that time, all the previous manual customer pages of FXTO turned into robots, turning me into a robot. I was so anxious that I could only send an email to the official to stop my withdrawal. My total account balance was about 53,000USD. 1,700USD was transferred out to 1,500 USD from the first account, and 46,000USD was transferred out from the second account, which was about 52,000USD. I held a position margin. It was not enough to close the position. I took 15,000USD from the virtual currency channel of the wallet, leaving more than 30,000 USD. The withdrawal was completed very quickly in more than ten minutes. My wallet address was bound and verified, but the 15,000USD withdrew did not arrive in my account. Wallet, I quickly took out the remaining amount through the bound bank card. Futuo is too unsafe. The platform even withdraws funds without personal verification and cannot guarantee the safety of funds. The final reply from customer service said that my email information was leaked to ensure that third parties cannot access my email. The key problem is that Futuo did not make any The verification code will not be sent to the email address, so what is the use of accessing my email address. This led to my debt crisis, with a total loss of over 20,000USD

2024-03-18 10:40
Unable to Withdraw

FXTM is a scam platform! No withdrawral for various reasons!

It has been impossible to withdraw funds since December, and the handling fees deducted when withdrawing funds will not be returned. The reasons used include incomplete information, wrong bank information, unaccounted handling fees, in short, various reasons for not withdrawing funds. To put it bluntly, I just want to keep delaying until all the idle and withdrawal fees are deducted! This is a scam platform! Don't be fooled!

2024-01-24 13:49
Scam

Induced deposits with anniversary activities, and then a series of problems followed

Picture[1] On April 9th, a friend told me that the business had an anniversary event and asked me to contact customer service to see if I had the right to participate, so I was confused and passively participated. Figure [2] On April 10th, the first application for withdrawal of funds failed. The customer service refused to withdraw funds on the grounds that the anniversary activities were not completed, and said that the activities that were not completed within the specified time would be handed over to the judicial department and reported for levy letter. Figure [3] On April 11th, I borrowed money from a friend. Due to the transfer limit, I made a deposit of 320,000 yen and completed 50% of the progress of the activity. Figure [4] The platform could not be accessed on April 12th and 13th, the official statement is system maintenance and upgrade; on April 14th, the deposit of 331,000 yen was completed to complete the anniversary event. Figure [5] On April 14th, the second withdrawal failed. The customer service asked me to pay 20% of the account balance as the violation fee on the grounds that my account maliciously attacked the platform system data and caused a high profit violation, otherwise the account will be frozen. On April 15th, deposit 342,500 yen as a deposit. Figure [6] On April 17th, the deposit arrived. Figure [7] From April 18th to 22nd, I contacted customer service about the withdrawal of funds, and I have been inquiring all the time, but there is no result; I later informed that the profit part needs to pay 50% of the account balance as personal income tax before the withdrawal can be resumed. business. Figure [8] On April 24th, the illegal payment was refunded to the account. Figure [9] On April 24, it was found that the account main body of the old version was inconsistent with the account main body of the new version. I asked customer service, the customer service explained it, and sent an email to Exness's official mailbox for verification, but no reply was received.

2022-04-24 23:33

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Washington
    • 296***
    • XAUUSD
    • 05-17 16:00:17
    • Dubai
    • 471***
    • XAUUSD
    • 05-17 15:46:36
    • Taipei
    • 162***
    • XAUUSD
    • 05-17 14:43:20

    Stop Out

    0.76%

    Stop Out Symbol Distribution

    6 months

    Sources

    FXTM · Company Summary

    FXTM Basic Infromation
    Registered Country/Region United Kingdom
    Founded in 2011
    Headquarters Cyprus, UK, Belize
    Regulated By FCA, CySEC, FSCA (Out of Scope Business)
    Minimum Deposit $10
    Leverage Up to 1:2000
    Account Types Micro, Advantage, and Advantage Plus
    Demo Account Yes
    Trading Instruments Forex, Commodities, Indices, Shares, Cryptocurrencies
    Trading Platforms MetaTrader 4, MetaTrader 5, FXTM Trader
    Mobile Trading Yes
    Islamic Account Yes
    Payment Methods Credit/Debit Cards, Bank Wire, E-wallets
    Minimum Spread on EUR/USD From 0.1 pips
    Customer Support 24/5 Live Chat, Email, Phone
    Educational Resources Yes
    Negative Balance Protection Yes

    Overview of FXTM

    FXTM, or Forex Time, is a global forex and CFD broker founded in 2011. The company is headquartered in Cyprus and is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies in various countries. FXTM offers a variety of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies.

    FXTM is its extensive range of account types, which cater to traders of all experience levels and preferences. The broker offers five different account types, including the Micro, Advantage, and Advantage Plus accounts, as well as demo accounts and Islamic accounts. Each account type comes with its own unique features, including different leverage options, spreads, and minimum deposit requirements. In terms of trading fees, FXTM offers variable spreads on most of its instruments, with spreads starting from as low as 0.1 pips.

    FXTM also offers a range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available in desktop, web, and mobile versions, allowing traders to trade on the go and from anywhere in the world.

    Lastly, FXTM provides customer support in multiple languages, which is available 24/5 via live chat, email, and phone. The broker also offers a range of educational resources, including webinars, seminars, and trading guides.

    basic-info

    Is FXTM Legit?

    FXTM is currently regulated by two reputable regulatory bodies, the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulatory bodies ensure that the broker operates within strict guidelines and rules.

    Forextime Ltd (Its CYSEC entity), is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC) under regulatory license number 185/12.

    regulation

    Exinity UK Ltd, its UK entity, is authorized and regulated by the Financial Conduct Authority (FCA) under regulatory license number 777911.

    regulation

    FOREXTIME LTD is authorized by the Financial Conduct Authority (FSCA), holding a license of Financial Service Authority under license no. 46614.

    regulation

    Pros and Cons of FXTM

    FXTM is a well-known broker that offers a range of trading services to its clients, including forex, commodities, and CFDs. While there are many benefits to trading with FXTM, there are also some drawbacks to consider. In this table, we'll take a closer look at the pros and cons of trading with FXTM, so you can make the right choice about whether this broker is right for you. Some of the pros we'll cover include their range of account types, competitive spreads, and excellent customer support, while some of the cons we'll discuss include the lack of cryptocurrency trading and high withdrawal fees.

    Pros Cons
    Regulated by top-tier financial authorities, FCA and CYSEC Limited product offerings compared to some competitors
    Wide range of account types for different trading needs High inactivity fee
    Low minimum deposit requirements Limited payment methods
    Demo Accounts Available Limited research tools and resources
    Islamic Accounts Available
    Access to a variety of trading platforms, including MT4 and MT5
    Multiple funding and withdrawal options
    Rich Eductaional Resources
    Rich Trading Tools
    High-quality customer support

    Market Intruments

    FXTM offers a diverse range of trading instruments for its clients, which includes forex, spot metals, CFD commodities, stock, stock CFDs, and CFDs on indices. The forex market is the largest financial market in the world, and FXTM provides access to a wide range of major, minor and exotic currency pairs. This means that traders have the flexibility to trade the currency pairs that best suit their trading strategies.

    In addition to forex, FXTM offers trading in spot metals, which include gold, silver, and platinum. Spot metals can be a useful tool for diversifying a portfolio or hedging against inflation or geopolitical risks. FXTM also provides CFD trading in commodities, such as oil, natural gas, and agricultural commodities. CFD trading allows traders to speculate on the price movements of these commodities without having to own them physically.

    FXTM also offers trading in stocks and stock CFDs. With access to global markets, traders have the opportunity to invest in some of the world's leading companies, such as Apple, Amazon, and Facebook. Moreover, traders can benefit from dividend payments when holding stock CFDs for the long term.

    Finally, FXTM provides CFD trading on indices, which allows traders to speculate on the performance of a particular stock market. This is particularly useful for traders who want to take a broader view on the direction of a market, rather than focusing on individual stocks.

    Overall, FXTM's range of market instruments provides traders with a wide variety of opportunities to diversify their trading portfolio and explore new trading strategies.

    market-instruments

    Pros Cons
    Offers a wide range of markets to trade, including forex, spot metals, and CFDs on commodities, stocks, and indices Limited selection of individual stocks compared to some competitors
    Competitive spreads and commissions Margin requirements on some instruments may be higher than other brokers
    Access to both major and minor forex pairs, as well as exotic currency pairs Limited cryptocurrency offerings compared to some competitors
    Opportunity to diversify portfolio with a variety of markets The number of CFDs on commodities may be limited compared to other brokers
    Offers both MetaTrader 4 and MetaTrader 5 platforms for trading Availability of certain markets may vary depending on the trader's location

    Account Types

    FXTM offers three different types of trading accounts, which are the Micro account, the Advantage account, and the Advantage Plus account. The Micro account requires a minimum deposit of $10, the Advantage account requires a minimum deposit of $100, and the Advantage Plus account requires a minimum deposit of $500.These account types are designed to cater to the varying needs and preferences of traders, ranging from beginner traders with limited capital to experienced traders looking for more advanced trading features. Each account type has its own unique features and benefits, such as different minimum deposit requirements, leverage ratios, and spreads, allowing traders to choose the one that suits them best. The Micro account is ideal for novice traders with a limited budget, while the Advantage account is suitable for experienced traders who require advanced trading tools and a competitive trading environment. The Advantage Plus account is designed for professional traders who require high-volume trading and personalized support from a dedicated account manager.

    account-types
    Pros Cons
    Micro account has low initial deposit Micro account has higher spreads compared to other types
    Advantage account has low spreads Advantage account has a higher minimum deposit
    Advantage Plus account offers lower commissions Advantage Plus account has the highest minimum deposit

    Demo Accounts

    FXTM offers demo accounts for all its account types, including Micro, Advantage, and Advantage Plus. These demo accounts allow traders to test their trading strategies in a risk-free environment using virtual funds. Demo accounts are also useful for new traders who want to learn how to trade before committing real money to live trading. With FXTM's demo accounts, traders can access all the trading tools and features available in the live trading platform. The demo accounts are also available in multiple languages, making it accessible for traders from different countries. However, it's important to note that demo trading doesn't completely simulate the emotional and psychological aspects of real trading, which could affect a trader's performance in the live markets.

    demo-account
    demo-account

    How to Open an Account?

    • To open an account with FXTM, you first need to visit their website and click on the “OPEN ACCOUNT” button on the top right-hand corner of the page.

    open-account
    • This will take you to the account registration page where you will need to fill out some basic personal information like your name, email address, and phone number.

    open-account
    • Next, you will be asked to choose the type of account you want to open. FXTM offers three main account types - Micro, Advantage, and Advantage Plus, each with its own features and benefits. You will also need to select the base currency of your account and agree to the terms and conditions of the broker.

    • Once you have selected your account type and base currency, you will be prompted to provide some additional personal information like your date of birth, occupation, and address. You will also need to answer a few questions about your trading experience and investment goals.

    • After you have completed the registration process, you will need to verify your account by providing some additional documents like a copy of your ID or passport and a proof of address like a utility bill or bank statement.

    • Finally, once your account is verified, you can then make your first deposit and start trading.

    Leverage

    FXTM offers leverage of up to 1:2000, depending on the account type and trading instrument. The highest leverage is available for forex trading on the FXTM Pro account, while the other account types offer leverage up to 1:30 for EU traders and up to 1:2000 for non-EU traders. It's important to note that while high leverage can increase potential profits, it also increases the risk of losses. Therefore, it's recommended to use leverage wisely and only trade with funds you can afford to lose. FXTM also offers negative balance protection, which ensures that traders can not lose more than their account balance. This feature can provide additional peace of mind when trading with high leverage.

    leverage

    Spreads & Commissions (Trading Fees)

    The spreads and commissions vary depending on the account type. For the Micro account, the spreads start from 1.5 pips, and no commission is charged. For the Advantage account, the spreads start from 1.1 pips, and a commission of $2 is charged per lot. For the Advantage Plus account, the spreads start from 0.0 pips, and a commission of $4 is charged per lot. It's important to note that the spreads are floating and may widen during periods of high market volatility.

    The spreads offered by FXTM are typically lower than those offered by many other brokers in the industry, particularly on the Advantage and Advantage Plus accounts. The Micro account, however, has slightly higher spreads, which is to be expected due to the smaller minimum deposit requirement.

    spread-commission

    Here we have created a comparison table of the average spreads and commissions offered by FXTM and some other popular forex brokers such as IC Markets, Exness, and FP Markets:

    Broker EUR/USD Spread Commission Minimum Deposit
    FXTM (Micro) 1.5 pips No commission $10
    FXTM (Advantage) 0.5 pips No commission $100
    FXTM (Advantage Plus) 0.1 pips No commission $500
    IC Markets (Raw Spread) 0.1 pips $7 round turn $200
    Exness (Raw Spread) 0.3 pips No commission $1
    FP Markets (Raw Spread) 0.0 pips $7 round turn $100

    Non-Trading Fees

    Apart from trading fees, FXTM charges some non-trading fees that traders should also consider before choosing this broker. Some of the non-trading fees charged by FXTM include inactivity fee, withdrawal fee, deposit fee, and overnight fee. The inactivity fee is charged when a trader does not perform any trading activity on their account for a period of 6 months. The fee charged is $5 per month. Withdrawal fees vary depending on the method used, with bank transfers attracting a higher fee compared to e-wallets. Deposit fees are not charged for most methods, but a 2.5% fee is charged when depositing via Neteller. Overnight fees are charged when a position is held open overnight, and they vary depending on the instrument being traded

    Here is a table showing the comparison of non-trading fees charged by FXTM and some other popular forex brokers:

    Broker Inactivity Fee Deposit Fee Withdrawal Fee
    FXTM $5/month after 6 months of inactivity Free Fees may occur
    Avatrade $50/quarter after 3 months of inactivity Free Fees may occur
    IC Markets $0 Free Fees may occur
    Exness $0 Free Fees may occur
    FP Markets $0 Free Fees may occur

    Trading Platform

    FXTM offers a range of trading platforms, including the popular MetaTrader 4 and 5 platforms, as well as their proprietary trading platform called FXTM Trader. The MetaTrader 4 and 5 platforms are known for their ease of use, comprehensive charting tools, and customizability, while FXTM Trader offers advanced features such as price alerts, multiple chart types, and a news feed.

    One of the main advantages of using MetaTrader 4 and 5 is the vast community of traders who have developed and shared custom indicators and trading strategies, making it easy to find and use powerful tools that can help improve your trading performance.

    Another advantage of FXTM's trading platforms is their compatibility with a range of devices, including desktop, mobile, and web-based platforms, making it easy to trade on the go or from any device.

    trading-platform

    Here's a table comparing the trading platforms offered by FXTM, IC Markets, Avatrade, and Exness

    Broker Platform Types Desktop Web-Based Mobile
    FXTM MT4, MT5, FXTM Trader
    IC Markets MT4, MT5, cTrader
    Avatrade MT4, AvaTradeGO, WebTrader
    Exness MT4, MT5

    Deposit & Withdrawal

    FXTM offers a variety of deposit and withdrawal options for its clients. Traders can deposit funds into their trading account using credit/debit cards, bank wire transfers, e-wallets, and other online payment methods. The minimum deposit amount varies depending on the account type selected by the trader.

    For credit/debit card deposits, FXTM accepts Visa, Mastercard, and Maestro. There are no deposit fees for credit/debit card transactions, and funds are usually credited to the trading account instantly.

    Bank wire transfers are also available as a deposit option. This method takes longer to process compared to other deposit methods and may incur charges from the bank. The minimum deposit amount for bank wire transfers varies depending on the currency selected, and it may take up to five business days for funds to appear in the trading account.

    E-wallets such as Skrill, Neteller, and WebMoney are also accepted by FXTM. Deposits made through e-wallets are usually credited to the trading account instantly and are free of charge. The minimum deposit amount for e-wallet transactions varies depending on the selected e-wallet.

    Withdrawals can be made using the same methods as deposits, with the exception of Mastercard. Withdrawals made through credit/debit cards may take up to three business days, while withdrawals made through e-wallets are usually processed within 24 hours. Bank wire transfers may take up to five business days for the funds to be credited to the trader's bank account.

    FXTM may charge withdrawal fees for some methods. Traders are advised to check the fees and processing times associated with each method before making a deposit or withdrawal.

    deposit-withdrawal
    Pros Cons
    Multiple deposit and withdrawal methods Some withdrawal methods may have higher fees
    No deposit fees Minimum withdrawal amounts may be higher than other brokers
    Fast deposit and withdrawal processing times Some deposit methods may not be available in certain regions
    Supports various currencies for transactions

    Customer Support

    FXTM is known for providing excellent customer support to its clients. The broker offers various channels for clients to contact their support team, including live chat, email, and phone support. The customer support team is available 24/5 and is multilingual, which means clients can communicate with them in their preferred language.

    FXTM also provides an extensive FAQ section on their website that covers various topics, such as account opening, deposit and withdrawal methods, trading platforms, and more. This section is helpful for clients who prefer to find answers to their questions without contacting the support team.

    Pros Cons
    Live chat support available No 24/7 customer support
    Fast response times No phone support for some countries
    Knowledgeable and helpful staff Limited educational resources for clients
    Various support channels available
    A FAQs section

    Educational Resources

    FXTM offers various educational resources to its clients to enhance their trading skills and knowledge. These resources include webinars, seminars, articles, e-books, educational videos, and more.

    Webinars and seminars are live sessions conducted by market experts and analysts who provide insights and analysis on market trends and trading strategies. The sessions cover a wide range of topics, including technical and fundamental analysis, risk management, and trading psychology. The webinars and seminars are interactive, allowing clients to ask questions and get feedback from experts.

    FXTM also provides a wide range of educational articles and e-books that cover a variety of trading topics. These resources are available to all clients, regardless of their account type, and can be accessed on the FXTM website.

    In addition to these resources, FXTM offers educational videos that cover various aspects of trading, including market analysis, trading strategies, and risk management. These videos are designed to be engaging and informative, making them a useful tool for traders at all levels of experience.

    Pros Cons
    Wide range of educational resources available Some resources may be outdated or not relevant
    Multiple formats available (webinars, articles, etc.) Limited in-depth educational resources
    Demo account available for practice trading Educational resources may not be suitable for all levels of traders
    Educational resources available in multiple languages Some resources may require a subscription or additional fees

    Conclusion

    FXTM is a well-regulated and respected forex broker with a wide range of market instruments, competitive trading conditions, and user-friendly trading platforms. They offer various account types with reasonable minimum deposits and leverage options. FXTM's customer support is also responsive and helpful, while their educational resources can be useful for both novice and experienced traders.

    However, there are also some potential drawbacks to consider. FXTM's non-trading fees, such as withdrawal fees, can be high, and their spreads can be wider than some of their competitors. Additionally, some traders may find their educational resources lacking in depth or variety.

    FAQs

    • Q: Is FXTM regulated?

      A: Yes, FXTM is regulated by top-tier financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).

    • Q: What trading instruments are available on FXTM?

      A: FXTM offers a range of trading instruments including forex, spot metals, CFD commodities, stock CFDs, and CFDs on indices.

    • Q: What types of trading accounts are available on FXTM?

      A: FXTM offers three main types of trading accounts: the Micro account, Advantage account, and Advantage Plus account.

    • Q: What is the minimum deposit required to open an account on FXTM?

      A: The minimum deposit required for each account type on FXTM is as follows: Micro account - $10, Advantage account - $100, and Advantage Plus account - $500.

    • Q: What trading platforms are available on FXTM?

      A: FXTM offers a range of trading platforms including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

    • Q: What are the deposit and withdrawal options on FXTM?

      A: FXTM offers a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and more.

    • Q: What are the deposit and withdrawal options on FXTM?

      A: FXTM offers a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and more.

    News

    ForexTime(FXTM) Ends Services in Europe and Renounces CySEC License

    NewsForexTime(FXTM) Ends Services in Europe and Renounces CySEC License

    2024-01-09 18:12

    ForexTime(FXTM) strategic exit from EU markets and CySEC license renunciation, reshaping its global trading presence.

    WikiFX
    2024-01-09 18:12
    News
    ForexTime(FXTM) Ends Services in Europe and Renounces CySEC License
    This Broker is  Providing Services in India against RBI Warning

    ExposureThis Broker is Providing Services in India against RBI Warning

    2024-01-09 18:07

    "FXTM is providing services to clients in India against an RBI warning." a user from India filed a complaint against FXTM dated January 6, 2024 On Wikfx,.

    WikiFX
    2024-01-09 18:07
    Exposure
    This Broker is  Providing Services in India against RBI Warning
    Best Forex Brokers South Africa

    NewsBest Forex Brokers South Africa

    2023-01-15 08:30

    There are many factors to consider when choosing a forex broker, and the specific needs and preferences of individual traders will vary. However, here are some general guidelines and considerations for choosing a forex broker in South Africa:

    WikiFX
    2023-01-15 08:30
    News
    Best Forex Brokers South Africa
    According to Jefferies, The Maximum Loss Exposure Due To FXCM Engagement Is $80 Million

    NewsAccording to Jefferies, The Maximum Loss Exposure Due To FXCM Engagement Is $80 Million

    2022-10-10 14:45

    Jefferies Financial Group Inc (NYSE: JEF), an investment bank and financial services firm, just filed its quarterly report with the Securities and Exchange Commission for the three-month period ended August 31, 2022. (SEC).

    WikiFX
    2022-10-10 14:45
    News
    According to Jefferies, The Maximum Loss Exposure Due To FXCM Engagement Is $80 Million

    User Reviews

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    EXOk
    more than one year
    I try to contact live chat on the site over 2 days now no repsonse is there any probelm with your contact support team I have tried telegram facebook live chat whatsapp no body is responding
    2024-04-25 18:28
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    amjik
    more than one year
    I'm surprised by their platform, friendly users and the viewpoints of their analysts, etc. instilling in you (both beginners and professional traders can benefit from it) I was a bit skeptical about forex and stock trading at first, but if you are on FXTM. You won't get lost, I highly recommend it!
    2024-03-20 18:46
    Reply
    0
    0
    bhavesh7945
    0-3months
    how can make profit ?
    2024-03-12 13:51
    Reply
    0
    0
    Maximillian
    more than one year
    FXTM has earned its stripes in the forex realm. The platform boasts tight spreads, enhancing the profitability of trades. What sets them apart is the round-the-clock customer support – prompt, efficient, and a reassuring presence for traders navigating the unpredictable market terrain.
    2023-11-30 10:56
    Reply
    0
    0
    Alexander12
    more than one year
    FXTM delivers a solid trading experience. Tight spreads and reliable trades make it a go-to platform for many. Customer support is responsive 24/7, providing reassurance. If you're in the forex game, FXTM is worth considering.
    2023-11-28 15:40
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    0
    0
    AAAA201253
    more than one year
    I haven’t encountered any major problems in trading for the time being. If I encounter any, I will tell you for your reference. Commissions have always been normal.
    2023-08-30 17:02
    Reply
    0
    0
    Tard
    6-12months
    been with this flatform and so far gives me the best
    2023-06-14 18:08
    1
    0
    0
    htm
    more than one year
    It's been a platform for a long time.
    2023-03-14 11:47
    1
    0
    0
    大唐家装灯饰13864014081
    more than one year
    I can honestly say that FXTM has never let me down. It withdrawals are as fast as it promised. During my trading here for 5 years, averagely received my funds within two days. Fully trust FXTM.😀 😀😀
    2023-02-20 10:01
    Reply
    0
    0
    45度
    more than one year
    There are almost 40 complaints on the wikifx website. actually this fact is shocking to me as FXTM sounds like a pretty trustworthy broker to me.
    2023-02-13 18:01
    1
    0
    0
    shahankk05
    more than one year
    fxtm is the best one plateform for trading and u can earn easily by this and deposit and withdraw instantly done I recommend u guys go for it.
    2023-01-31 13:06
    Reply
    0
    2
    moinkhan
    more than one year
    FXTM is the best platform for trading I promise guys go for it it's trusted.
    2023-01-31 12:40
    Reply
    0
    0
    ken_goh
    more than one year
    I had some issues navigating your website and the FXTM staff was quick to respond and resolve my issue. Very good company.
    2023-01-30 11:02
    Reply
    0
    0
    Abdurrahman
    more than one year
    All the best platform FXTM easy deposit and withdraw
    2023-01-25 09:47
    Reply
    0
    1
    azam jutt
    more than one year
    I'm need money
    2023-01-15 23:04
    Reply
    0
    0
    azam jutt
    more than one year
    In
    2023-01-15 23:04
    Reply
    0
    1
    zabi936
    more than one year
    yr mujy b koch btaoo
    2023-01-13 14:47
    Reply
    1
    2
    Beto 1739
    more than one year
    and if it is true or pure lie
    2023-01-12 19:07
    Reply
    2
    1
    Nget Sotheara
    more than one year
    good
    2023-01-05 01:10
    Reply
    0
    0
    jhavZ
    more than one year
    hellow guys
    2023-01-04 18:37
    Reply
    0
    1
    40
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