Known for its competitive spreads and fast execution speeds.
FXTM, a global forex and CFD broker, was established in 2011. It’s known for its user-friendly trading platforms, competitive spreads, and diverse range of trading instruments. Regulated by multiple financial authorities, including CySEC, FCA, and IFSC, FXTM prioritizes client security and transparency.
The broker caters to a global clientele, offering its services in various languages and supporting multiple payment methods. FXTM provides access to a wide array of tradable assets, including forex pairs, commodities, indices, stocks, and cryptocurrencies. With its commitment to education and customer support, FXTM strives to empower traders of all level
- Regulated Broker
- Diverse Account Types
- Competitive Spreads
- Multiple Trading Platforms
- Educational Resources
- Mixed Reviews on Customer Support
- Complex Fee Structure
- Limited Research Tools
FXTM offers a comprehensive range of educational resources for traders of all levels. Moreover, their educational materials cover a wide range of topics, such as forex basics to advanced trading strategies. In addition, these resources are available in various formats, including video tutorials, webinars, and ebooks. However, some users have reported that the quality of the educational content can vary, with some materials being more in-depth and informative than others.
Additionally, while FXTM offers a variety of educational tools, some traders may find that they need to supplement their learning with additional resources from other sources.
Is FXTM a Trustworthy Broker?
- Regulation: Regulated by multiple tier-1 regulators like FCA and CySEC.
- Diverse Account Types: Offers a variety of account types to suit different trading styles and experience levels.
- Competitive Spreads: Provides competitive spreads, especially on popular currency pairs.
- Fast Execution Speeds: Offers fast order execution, crucial for scalping and day trading.
- User-Friendly Platform: Intuitive trading platform with advanced charting tools.
- Mixed Reviews on Withdrawal Processing Time: Some users have reported delays in withdrawal processing times.
- Complex Fee Structure: The fee structure can be complex for some traders, especially those who are new to forex trading.
QUICK VIEW
| Minimum Deposit | 100 $ |
| Leverage | 1000 : 1 |
| Scalping | Not Allowed |
| Volume | 30 lots |
| Minimum Lot | 0.01 lots |
| Margin Call | 40% |
| Stop Out | 20% |
| Spread | Floating |
| Execution | Dealing Desk, Market |
| Islamic Account | Available |
FEES
| Commission | 0 $/lot – 4 $/Lot |
| Inactivity fee | After 3 months |
FUND MANAGERS & INVESTORS
| Social Trading | Available |
| Pamm Trading | Not Available |
INSTRUMENTS AVAILABLE FOR TRADE
CFDs, Cryptocurrencies, Indices, Metals , Stocks
OVERALL
FXTM is generally considered a reliable and trustworthy forex broker. Its strong regulatory framework, diverse account types, competitive pricing, and advanced trading platform make it a popular choice for many traders. However, potential clients should be aware of potential delays in withdrawal processing and the complexity of the fee structure.
Before you proceed with opening an account or placing any order, please ensure that you have thoroughly read and understood all the legal documents provided by FXTM.
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