FXTM Review
FXTM Successfully Works In Financial Markets, Providing A Full Range Of Services To Traders Around The World.
FXTM Review: Summary
Fxtm Established Itself As A Leading Broker For Emerging And Frontier Markets. Traders Get Upgraded Mt4/mt5 Trading Platforms, A Proprietary Copy Trading Service, And Quality Research And Education. Fxtm Also Delivers One Of The Best Commission-based Forex Pricing Environments. I Reviewed This Award-winning Broker To Evaluate If High-frequency Traders And Scalpers Can Achieve A Competitive Edge Here. Is The Trading Environment At Fxtm As Good As Advertised?
FXTM Regulation and Security
As Indicated Earlier, The Fxtm Brand Is Regulated By Cysec (The Regulatory Body For Cyprus) And The Fca (The Financial Regulatory Body For The Uk) And The Fsc (The Regulatory Body In Mauritius).
Cysec And The Fca Are Widely Recognised As Rigorous Financial Bodies. In Order To Be Regulated And Licensed By These Authorities, Fxtm Has To Demonstrate A High Level Of Financial Accountability And Fair, Transparent And Honest Trading.
FXTM Features
In Addition To The Other Benefits Which Fxtm Provide, They Also Offer Free Trading Tools And Daily Commentaries From The Fxtm Team Of Experts. The Loyalty Programme Has Been Discontinued, But Keep An Eye Out For New Retention Offers.
The Site Also Offers Regularly Updated Commentary On Various Aspects Of Trading By Fxtm Experts. Fxtm Is Frequently Quoted On Trading Sites And In The Media, As They Are Recognised As Providing High-calibre Insights. This Wealth Of Expertise May Give Fxtm Traders An Advantage When It Comes To Making Informed Decisions About Their Trading Options.
| Features | Status |
|---|---|
|
Regulation
|
FSC |
|
Platforms |
MT4/MT5 |
|
Instruments
|
Currencies, Commodities, CFDs, Indices, Stocks, Metals
|
|
Demo Account
|
Unknown
|
|
Minimum Deposit
|
$10
|
|
Minimum Spreads
|
Unknown
|
|
Commission
|
Unknown
|
|
Maximum Leverage
|
1:2000
|
|
Customer Support
|
23414601586
|
FXTM Account Types
Fxtm Offers Separate Accounts For Forex Trading And Invest Accounts. Then There Is A Further Split To Your Preference Of The Trading Transactions, Instrument And The Trading Size, Which All In All Offers You 3 Account Types – Micro, Advantage And Advantage Plus. So Now Let’s Get A Closer Look At Fxtm Accounts Which Are Divided Into Three Options – Micro, Advantage And Advantage Plus
- Micro Account – Most Accesible Account Offered By Fxtm With Low Minimum Deposit & Instant Execution, Zero Commission And Spreads From 1.5 Pips.
- Advantage Account – Cheapest Account Type Offered By Fxtm With Average Commission Of $0.40 – $2 Based On Volume And Spreads From 0.0.
- Advantage Plus Account – Partner Account With Zero Commission (Spread Only), And Spreads From 1.5 Pips.
FXTM Trading Platforms
| Platforms | Status |
|---|---|
|
MT4
|
Yes
|
|
MT5
|
Yes
|
|
cTrader
|
No
|
|
Web Trading
|
Yes
|
|
Mobile Trading
|
Yes
|
FXTM Spread & Commission
Commission Percentages Are Relatively Low For Forex Traders And Around The Industry Average For Cfd Trades. With Ecn Account Options, Spreads Can Be As Low As Zero Pips, Along With Low Commissions Of $0.2 Per Lot. With The Standard Account, Spreads Start A Little Higher, But Remain Very Competitive.
| Spread & Commission | Status |
|---|---|
|
Commission On Trades
|
Unknown
|
|
Fixed spreads
|
Unknown
|
|
Min. Lot Size Per Trade
|
Unknown
|
|
Max Lot Size Per Trade
|
Unknown
|
In This Respect, Fxtm Is A Good Provider To Trade With.
Please Note That Spreads Are Floating And They May Increase During Specific Periods Of The Day Depending On The Market Conditions.
