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FXTM, also known as ForexTime, is a reputable company that offers brokerage services in the forex market. With a wide range of account types to choose from, including Standard, Cent, Shares, ECN, ECN Zero, and FXTM Pro, traders can find an account that suits their individual needs. One of the standout features of FXTM is its minimum deposit requirements, which vary depending on the type of account. For example, the Cent Account has a minimum deposit of $10, while the FXTM Pro Account requires a minimum deposit of $25,000. This flexibility allows traders with different budgets to participate in the forex market. In terms of legitimacy, FXTM is a brand name of ForexTime Group, which is authorized and regulated in various jurisdictions. ForexTime Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC), licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, and ForexTime UK Limited is authorized and regulated by the Financial Conduct Authority (FCA) of the UK. Additionally, Exinity Limited is regulated by the Financial Services Commission of the Republic of Mauritius. FXTM offers a range of trading platforms, including MT4, MT5, and WebTrader, providing traders with flexibility and convenience. The company also supports mobile trading, allowing traders to access their accounts and trade on the go. With a wide range of trading instruments available, including cryptocurrencies, CFDs on gold, silver, stocks, stock indexes, oil, and other commodities, traders have plenty of options to diversify their portfolios. Overall, FXTM is a reputable and regulated brokerage company that offers a variety of account types, competitive minimum deposit requirements, and a wide range of trading instruments. Traders can feel confident in their choice to trade with FXTM, knowing that they are dealing with a legitimate and professional company.
Review
FXTM, also known as ForexTime, is a reputable forex broker that has gained popularity among traders. In this review, we will provide an unbiased analysis of FXTM based on traders' reviews on ForexPeaceArmy, a trusted platform for forex company reviews.
Is ForexTime a Good Broker?
When it comes to determining whether a broker is good or not, unbiased traders' reviews on ForexPeaceArmy can provide valuable insights. By visiting ForexPeaceArmy, traders can read real experiences and opinions shared by other traders who have used FXTM's services. It is important to note that broker services are dynamic and can improve or deteriorate rapidly, so it is recommended to check recent community discussions on ForexPeaceArmy as well.
What is the Minimum Deposit for FXTM?
The minimum deposit for FXTM varies depending on the type of account:
- Standard Account: minimum deposit is $100
- Cent Account: minimum deposit is $10
- Shares Account: minimum deposit is $100
- ECN Account: minimum deposit is $500
- ECN Zero Account: minimum deposit is $200
- FXTM Pro Account: minimum deposit is $25,000
Is FXTM a Legit Company?
FXTM is a brand name of ForexTime Group, which is authorized and regulated in various jurisdictions:
- ForexTime Limited (EU) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12 and is licensed by the Financial Sector Conduct Authority (FSCA) of South Africa with FSP No. 46614.
- ForexTime UK Limited is authorized and regulated by the Financial Conduct Authority of UK with license number 777911.
- Exinity Limited is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295.
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 2000:1
- Minimum to Open Live: $10
- Established: 2011
- Address: Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Ebene 72201, Mauritius
- Contact: support@fxtm.com, 44 20 3734 1025
- Regional offices: [List of regional offices]
- Regulators: CySEC #185/12, FSC Mauritius #C113012295, FSCA #FSP No.46614, FCA #777911 / 600475
- Prohibited countries: [List of prohibited countries]
- Trading platforms: MT4, MT5, WebTrader
- Web Trading: ✅ Yes
- Mobile Trading: ✅ Yes
- ECN: ✅ Yes
- Currencies: [List of available currencies]
- Cryptocurrencies: Bitcoin, Litecoin, Ethereum
- CFD: Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities
- Trading Conditions: [Details of trading conditions]
- EAs/Robots: ✅ Yes
- News Trading: ✅ Yes
- Scalping: ✅ Yes
- Managed Accounts & Social Trading
- MAM: ✅ Yes
- Deposit Methods: [List of available deposit methods]
- Withdrawal Methods: [List of available withdrawal methods]
Traders can leave their feedback about their experience with FXTM on the forexroboteasy.com website. This review is independent and does not contain any personal recommendations or conclusions. It aims to provide an unbiased analysis of FXTM based on available information.
FXTM: Unbiased Traders’ Reviews on ForexPeaceArmy
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