FXTM

Introduction to FXTM

FXTM (ForexTime), founded in 2011 in the United Kingdom, is an international broker serving over 2 million clients across more than 150 countries. The platform supports multiple languages and offers flexible trading solutions, making it suitable for both beginners and experienced investors.

FXTM provides access to over 250 financial instruments, including forex, precious metals, commodities, stocks, indices, cryptocurrencies, and CFDs. Traders can access the market via MT4, MT5, and the mobile app, with stable performance, diverse analytical tools, and fast execution speeds.

Pros and Cons

Pros:

• Wide range of products.
• Three flexible account types: Advantage, Advantage Plus, Advantage Stocks.
• Demo account available for practice.
• High leverage up to 1:3000.
• Competitive spreads, starting from 0.0 pips.
• Multiple deposit and withdrawal methods.
• Free educational resources and learning support.

Cons:

• Higher minimum deposit compared to some brokers (from $/€/£/₦200).
• Customer support only 24/5, not 24/7.
• Restricted in certain regions (e.g., US, Japan, Canada, Myanmar, Russia…).

Products and Accounts

Investors can trade forex, stocks, indices, precious metals, commodities, cryptocurrencies, and CFDs. FXTM offers three account types: Advantage, Advantage Plus, and Advantage Stocks, each with different spreads, fees, and features to suit various strategies. A Demo account is also available for practicing with virtual funds.

Copy Trading

FXTM Invest allows investors to copy trades from professional traders with a minimum investment of $100, making it ideal for beginners or those with limited experience.

Deposits and Withdrawals

• Supports over 200 payment methods: credit/debit cards, e-wallets, bank transfers, and local options.
• Minimum deposit from $/€/£/₦200.
• Fees apply for transactions below $/€/£30 or ₦25,000.

Support and Education

FXTM stands out with its free educational resources, ranging from beginner to advanced levels, along with in-depth market analysis. Customers can access support via live chat, contact forms, and phone (24/5, multilingual).

Conclusion

FXTM is a highly regarded broker thanks to its diverse product offering, competitive trading conditions, flexible platforms, and quality support services. It is a strong choice for both beginners and experienced traders.