Their insights help me make informed decisions in my trading journey. FXTM provides a fantastic trading environment with excellent educational resources. Their platform is intuitive, and I appreciate the quick response from their support team. Their commitment to client satisfaction and reliable services makes them a top choice for any trader. They allow me to learn from successful traders and improve my strategies.
Currencies accepted for deposits/withdrawals
I appreciate FXTM’s commitment to transparency in pricing and fees. Yes, FXTM is highly regulated in multiple jurisdictions, including Mauritius, Kenya, and has licenses from the FCA, CMA, and FSC. This ensures that the broker meets high standards of security and transparency. Withdrawal processing time typically takes between 1-3 business days, depending on the payment method you choose. To make a deposit, simply log in to MyFXTM, select your preferred deposit method, choose the account you want to deposit funds into, and confirm the transaction details. Yes, FXTM offers WebTrader for MT4, which allows you to trade directly through your web browser without needing to download the platform.
Overall, our FXTM review found them to be an excellent broker choice. They offer copy trading services through their own dedicated FXTM Invest platform where you can get started with a minimum deposit of $100. A second major area outside the forex market where FXTM performs very well in terms of investment products offered, is in stocks. Through the broker, you can trade in more than 170 stocks in companies from both the NYSE, and NASDAQ. Many of these stocks are not only offered as CFDs, but also for real trading.
FXTM Review Of 2025
- FXTM offers new traders excellent educational resources that include live online webinars and local seminars, videos and tutorials.
- FXTM combines a market-making model of trade execution with the ECN execution model.
- Please note that your profile must be fully verified to request a withdrawal.
Yes, your funds are securely kept in segregated accounts in top-tier banks, and FXTM is regulated in various jurisdictions, ensuring the safety and security of your money. Whether you’re a beginner or an experienced trader, you can select the platform that best fits your trading style and requirements. FXTM also keeps client funds segregated, ensuring they are entirely separate from the company’s operational funds. With cutting-edge SSL encryption, secure user identification, and server authentication, FXTM provides a secure trading environment for all users.
- These articles expand beyond a glossary and also provide education on how to use indicators, fundamental and technical analysis, and other strategies.
- The MyFXTM back office is where traders make all their deposits and withdrawals.
- ForexTime offers standard MT4 mobile apps for iOS and Android-based mobile devices.
- FXTM offers 1000+ tradable instruments spanning CFDs and real stocks.
- So, for example, if you want to trade a Bitcoin CFD, then you’d trade a BTC/USD CFD.
Experienced traders, on the other hand, have access to some of the brightest economic minds in the game. The Pepperstone vs FXTM review page will help you compare the spreads and features and see FXTM as a leading spread broker. Execution speed for market orders ranged from 373 to 435 milliseconds. While this does not reach the highest end of what FXTM claims as an average, the speeds for market orders remain very competitive within the industry, indicating efficient order processing. Learn more about FOREX.com powerful trading platform and how you can get started today.
Furthermore, given the stature of FXTM in the broking industry, the absence of even a white labelled, in house trading platform is somewhat disappointing. For the fxtm broker reviews Standard account the spreads are wider than the industry standard, with the EUR/USD spread at a minimum of 1.6 pips, with 1.9 pips typical. The spreads for Forex are not the most competitive in the industry, with the EUR/USD spread at a minimum of 1.6 pips for the Standard account, with 1.9 pip typical. For the ECN account the minimum is a far more competitive 0.1 pips with typical 0.3 pips.
I have been using this broker for about five years and I can say so far they have been fantastic. Their customer service is top notch and they are very responsive and ready to help at anytime. The MT5 app uses the MQL5 MetaQuotes Language 5 and has some expanded capabilities compared to the MT4 app.
Raw Account Spreads
Here, the broker makes up for low spreads with $2 commissions per round. This is a very low commission compared to other brokers, and it is less than half of the amount some competitors charge. In this review, you can find all the information you need to decide whether is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system.
Learn to Trade
Their responsiveness adds to my overall positive trading experience. FXTM’s fast execution speeds ensure that I never miss a trading opportunity. The advanced charting tools available on FXTM’s platform enhance my technical analysis capabilities.
The customer service team offers support in 18 languages, is available 24/5 and there is also personalised support from an Account Service Manager. Contact is via email and phone, plus live chat, alongside other media channels. It would, however, be good to be able to make contact at the weekend too. The FXTM research offering is solid, producing 2-3 daily written articles on current market analysis. This research offers macroeconomic and geopolitical opinions on what is impacting markets and also some technical analysis. There are also market analysis videos published a couple of times a week.
The tier system reflects the level of regulatory strictness and client protection, with Tier 1 providing the most comprehensive safeguards. A flat fee of $3 applies for transactions under $30 or equivalent. Index and Commodity CFDs swap charges are typically calculated as a percentage or based on a specific formula for the product. AM GLAD ABOUT THE SUCCESS STORY I GAINNED FROM FINANCE CHARGE BACK,A bunch of scammers. Until, I got some people involved(Finance charge back via google). Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
Some of the offered indexes include Dax 30, Dow 30, S&P 500, and so on. There’s a rollover interest (swap) charged or received for holding positions overnight. FXTM’s institutional partners calculate the daily swap rates using risk-management analysis. So, each forex currency pair has its forex swap charge, and interest is paid on currency sold and received on currency bought. Interestingly, a $4.0 commission for a 1 Lot trade on the Micro account is very attractive. It is even cheaper than that of the Zero Spread Account with Fusion Markets (a $4.50 commission per round turn), which is, at present, considered the most competitive in the industry.
Yes, FXTM provides free educational resources for both beginner and advanced traders. These resources come in various formats and cover everything from basic trading principles to advanced strategies. FXTM offers a wide range of in-depth guides covering practical topics. Beginners can refer to an introduction to forex trading and CFDs, while more experienced traders can benefit from guides relating to trading styles like scalping.
I also like that Forextime offers 639 stocks for direct investments, albeit only US-listed ones. Overall, the tradable assets at FXTM will best suit Forex and US equity traders. FXTM offers real stocks from US exchanges, which is not typical for CFD brokers and represents a significant advantage for swing traders.
