FXTM Reviews Read Customer Service Reviews of forextime com

Traders may also engage with other traders using the incorporated MQL5 community chat to share ideas. Whilst both of the platforms have a very similar look and feel, MT5 has more functionality. The MT5 platform supports many more features than MT4 with more charts, more order types, more indicators and an integrated economic calendar. The FXTM customer service includes a detailed FAQ section which you can use to try to answer some questions you may have before calling the team. From that, you also have the available options of a website-based live chat, email, and phone call on more than 10 telephone numbers depending on your local area. FXTM Invest is a type of copy trading service provided by the broker.

MT4 is available for PC and Mac, with desktop of web-based versions. The lack of support for MetaTrader 5 is definitely a mark against FXTM’s overall platform provision. We encourage traders of all skill levels to review FXTM’s educational resources.

FXTM Trading Signals

1. Those interested in social trading or copy trading can do so via FXTM Invest.
2. Top regulation is not the only thing that the broker puts in place to ensure your safety and security as a trader.
3. FXTM provides a seamless trading experience with its efficient platform and excellent customer service.
4. All accounts have an accessible minimum deposit of $/€/£200 and support USD/EUR/GBP base currencies.
5. Our experts have created these tables based on the fees applied to a standard account.

FXTM offer a wide range of over 250+ trading instruments including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies and CFDs. There are over 60+ minor, major and exotic currency pairs, 180+ share CFDs and major Cryptocurrencies such as Bitcoin and Ethereum. FXTM Trading Signals are available in MyFXTM via a technical analysis tool that provides data and assessments of market movements across a range of trading instruments.

What Can I Trade

Many are available in various countries, while others are region-specific. All FXTM accounts are available in USD, EUR, GBP, or NGN (only Nigerian clients). Keep in mind that FXTM does not have https://traderoom.info/fxtm-what-a-trader-is-in-for/ a maximum deposit amount, but individual payment methods may have their own.

Withdrawal Fees

Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. This comes as a top trading platform that has been around for many years offering the very best in trading experience and customizability beyond all others. The FXTM trade size available varies again depending on your account type. This is equal to 0.01 standard lots or a cash value of $1,000 which could be further decreased if you are trading on leverage. This kind of execution could lead to a requote if the price is not available, and the broker acts as a counterpart with this type of execution.

FXTM could do better by lowering spreads in the Advantage Plus account. This means that they have a massive customer support team that is ready to answer your questions, in whatever language you ask them in. Their client focus ensures that they are there to make your trading experience as seamless as possible.

1. This can be 25 EUR or 20 GBP on bank wire transfers, and 3 USD on credit card withdrawals, all of which are relatively high.
2. FXTM has a dedicated team of analysts with a solid industry background.
3. The spreads start from 1.5 pips with no commission charges as all Broker fees are included in the spread.
4. The desktop MT4 platform is a comprehensive trading solution designed for traders who require a highly customizable environment.
5. Deposit times can vary but are usually instant, while withdrawal processing times typically range from 1 to 3 business days.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. FXTM’s provision of popular trading platforms like MetaTrader 4 and MetaTrader 5, along with its proprietary mobile app, enhances the trading experience by offering flexibility and convenience. Traders can easily access their accounts and manage trades from anywhere, making FXTM a great choice for those who value mobile trading options. The Advantage account, also with a $200 minimum deposit, provides competitive spreads starting from 0.0 pips and includes commissions for trading forex, spot metals, and various CFDs.

Investment Options FXTM

A Standard Cent Account features a minimum deposit of 10 USD/GBP/EUR. This account is similar to the ECN zero account but spreads start from just 0.1 pips and there is a small commission charge of $2 per lot. Spreads are usually tighter and execution speeds superior on an ECN account. The Economic Calendar allows you to keep up to date with economic news releases, delivered in real time and with an impact rating. I think that a news calendar is a vital tool to incorporate within your trading strategy.

Meanwhile, the MetaTrader apps are more feature-rich, providing advanced charting tools, customizable technical indicators, and automated trading capabilities through Expert Advisors. FXTM is an award-winning broker offering you a wide selection of instruments, platforms, account types and resources to make your trading experience as efficient and convenient as possible. Some brokers I use, like eToro, have developed platforms that incorporate social trading features, enabling users to follow and copy the trades of experienced traders. This could attract novice traders looking for more guidance and community engagement.

The broker stands out with an average client approval time of less than 12 minutes, 84% of funds processed within five minutes, and a high customer approval rating. FXTM has also earned numerous awards over the years, named Best Investment Broker from FX Daily Info to Best Trading Experience from the World Finance Awards, both in 2019. FXTM primarily serves as a Forex trading provider, however, it also offers an investment program through its copy trading platform. This allows investors to benefit from professional trading strategies without needing extensive market knowledge, making it appealing for those looking to enter the markets with expert guidance.

Moving on to the trading platforms you can expect to see, here is a lowdown on exactly what is available from FXTM in that respect. They are an ECN broker that primarily uses instant execution though this depends on your account type. Further provided by the broker is ICF insurance which can protect up to €20.000 for EU traders, and £85.000 for UK traders in the event of any serious financial issues. As mentioned, you can benefit from the fact that real stock trading is available here at FXTM. This means not only do you own the underlying asset, but you don’t have to worry about any overnight fees as are charged on all CFDs.

I highly recommend the commission-based option as trading costs remain among the best industry-wide, while the commission-based account charges relatively expensive fees. Besides offering tight spreads for competitive commissions, FXTM also keeps swap rates on leveraged overnight positions low. Hong Kong equities as CFDs face additional fees, which also remain very low. FXTM offers a wealth of resources for both new and experienced traders.