PROS
- Competitive Spreads
- Regulated Broker
- Choices of Trading Accounts
- Selection of Trading Platforms
- $1,000,000 Free Demo Account
CONS
- Only MetaTrader based Trading platforms available
- Limited Choices of Commodity Assets
Review
Headquarter in Nicosia, Cyprus and regulated by CySEC, IFSC. FXTM provides quality services for both beginners and experienced traders looking to looking to maximize their investment – providing daily analysis and forecasts for their long term clients as well as for newcomers that wish to enter financial markets.
Although ForexTime does not accept traders from the US, currently has over 500,000 Clients from all over the world.
FXTM is an ideal broker for all trading levels.
Accounts
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Standard Accounts
There are 3 types of standard trading accounts:
Cents Accounts
Account Currency – USD / EUR / GBP / NGN
Leverage – 1:1000
Min Deposit – $/€/£ 5, ₦1,000
Execution – Instant
No Commission
Margin Call – 60%
Stop Out – 40%
Pricing Quotes – 5 decimals
27 instruments types
Standard Account
Account Currency – USD / EUR / GBP / NGN
Leverage – 1:1000
Min Deposit – $/€/£ 100 , ₦20,000
Execution – Instant
No Commission
Margin Call – 40%
Stop Out – 20%
Pricing Quotes – 5 decimals
76 instruments types
Account Currency – USD / EUR / GBP / NGN
Leverage – None
Min Deposit – $/€/£ 100 , ₦20,000
Execution – Instant
No Commission
Margin Call – 40%
Stop Out – 20%
Pricing Quotes – 5 decimals
180+ instruments types
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ECN Accounts
There are 5 different types of ECN accounts at FXTM. They include the following:
ECN Account
Account Currency – USD / EUR / GBP / NGN
Leverage – 1:1000
Min Deposit – $/€/£ 500, ₦20 000
Execution – Market Execution
Commission – $2 per lot
Margin Call – 80%
Stop Out – 50%
Pricing Quotes – 5 decimals
62 instruments types
ECN Zero Account
Account Currency – USD / EUR / GBP / NGN
Leverage – 1:1000
Min Deposit – $/€/£ 500, ₦20 000
Execution – Market Execution
No Commission
Margin Call – 80%
Stop Out – 50%
Pricing Quotes – 5 decimals
66 instruments types
FXTM ECN MT5 Account
Account Currency – USD / EUR / GBP / NGN
Leverage – 1:1000
Min Deposit – $/€/£ 500, ₦20 000
Execution – Market Execution
Commission – $2 per lot
Margin Call – 80%
Stop Out – 50%
Pricing Quotes – 5 decimals
36 instruments types
Strategy Account
Account Currency – USD / EUR / GBP
Leverage – 1:1000
Min Deposit – $/€/£ 100
Execution – Market Execution
No Commission
Margin Call – 80%
Stop Out – 50%
Pricing Quotes – 5 decimals
57 instruments types
FXTM Pro Account
Account Currency – USD / EUR / GBP / NGN
Leverage – 1:200
Min Deposit -$/€/£ 25,000, ₦5,000,000
Execution – Market Execution
No Commission
Margin Call – 80%
Stop Out – 50%
Pricing Quotes – 5 decimals
46 instruments types
INSTRUMENTS TRADED
Forextime provides 24/5 support via E-mail Support and via online Chat.
Even more reasons to open your trading account with FXTM
- ForexTime is a global and award-winning broker
- Fully regulated and licensed
- Traders from over 180 countries trust ForexTime
- They speak your language
- Range of account types for professionals & beginners
- Their Swap-Free option is available for all our trading accounts
- Expert Advisers & other MetaTrader 4 plugins are welcome
- Minimum deposit
