FXTM Reviews Read Customer Service Reviews of fxtm com

FXTM opens the door to global trading by offering over 1,000 instruments across forex, stocks, indices, metals, commodities, and crypto. Traders can enjoy ultra-low spreads, fast execution, and flexibility across different markets. No, FXTM provides commission-free trading on US stocks such as Tesla and Apple. Additionally, traders receive real-time price data, allowing them to make informed decisions without concern for extra trading fees. Therefore, FXTM supports cost-efficient and transparent stock trading. Although I find the interface a little dated, MT4 is one of the forex market’s most widely used trading platforms.

How to Open FXTM Demo Account?

Overall, I rate the FXTM Trader app as well-designed and especially good for beginners. However, it lacks advanced features, such as price alerts and trailing stop-loss orders. MT4 can be accessed via desktop, web, and Android/iOS mobile devices.

I’m still having withdrawal issues.

I also like that Forextime offers 639 stocks for direct investments, albeit only US-listed ones.
The web-based platform just lacks a little in terms of news and analysis, but for core trading, it is still highly convenient, concise, and professional in its execution.
Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.
Account opening is easy, FXTM has low deposit requirements and trading conditions are good with competitive spreads, excellent customer service, and Forex education.
Traders in the UK will trade with Exinity UK Limited which is regulated by the UK Financial Conduct Authority (FCA).

FXTM is a global forex broker offering access to a wide range of markets through the MT4/MT5 platform. Sometimes referred to as ForexTime, FXTM offers clients low-cost trading, fast execution, and world-class forex education. FxScouts helps traders across the globe by meticulously testing and reviewing online brokers and providing Forex education and market analysis. While partners may pay to provide offers or be featured, they cannot pay to alter our recommendations, advice, ratings, or any other content.

Overall, FXTM’s trading & non-trading fees is high with Standard accounts.
You can trade real stocks on the MT5 platform with the Advantage and Advantage Plus accounts.
FXTM delivers a strong educational platform, offering webinars, e‑books, articles, and tools like pip, profit, and margin calculators via its Knowledge Hub.
This ensures that your money is never used for internal purposes or other investments, providing an extra layer of protection and transparency.
An appropriateness assessment mandated by the FCA was necessary to set the account leverage.
It requires a minimum initial account deposit of £200 or equivalent.

I love to experiment with the huge amount of free and paid add-ons available for it. Additionally, FXTM supports popular trading platforms like MetaTrader 4, MetaTrader 5, and mobile apps, ensuring a flexible trading experience across devices. The platforms offer a user-friendly interface, advanced charting capabilities, and automated trading via Expert Advisors.

Successful Broker

The Exinity Limited entity offers a great range of payment methods, including bank wire, credit card, digital wallet, and local transfer methods. Deposits and withdrawals at FXTM are processed relatively fast, but you should be aware that fees are charged for withdrawals in some instances. The spreads in the Advantage Plus account fxtm review are average, but more competitive conditions are available via the raw spreads Advantage account. Unlike the global offering, FXTM UK does not provide live chat support with a direct agent switch option. Instead, clients must use a ‘raise request’ form, which can result in longer wait times for a response. The average time to respond is approximately 6 hours and 11 minutes.

FXTM Micro Account

It allows users to trade directly from any browser and operating system without any additional software. FXTM charges a monthly inactivity fee of 10 EUR/USD/GBP for accounts that are dormant for 3 consecutive calendar months. Swaps represent the fees charged (or credit earned) for holding a position overnight. In our tests for the Trust category, we also cover factors relating to stability and financial strength. Here, we evaluate the broker’s longevity in the industry, the company’s size, and its transparency.

They are regulated within the European Union by the Cyprus Securities Exchange Commission (CySEC), and also South Africa’s Financial Services Board (FSB). In addition, they are licensed by the International Financial Services Commission (IFSC). As a regulated broker, FXTM must comply with strict regulatory and reporting requirements and maintain proper liquidity levels at all times. FXTM is headquartered in Cyprus and runs its operations from its five story FTXM tower. They also maintain branch offices in many global centers around the world including London.

Market Resources

FxScouts’ Broker Score and Trust Rating constantly evolve to reflect the forex market’s dynamics. We ensure transparency by incorporating regulator data and user insights. Our in-depth reviews consider over 200 metrics across seven key categories.

The benefit of using VPS is that it ensures a smooth and seamless environment for systems trading. FXTM education section is very well stocked with helpful material to help you continue learning and growing as a trader. This includes a range of free, downloadable ebooks as well as access to a number of useful forex seminars, workshops, and webinars. Moving on to the trading platforms you can expect to see, here is a lowdown on exactly what is available from FXTM in that respect.

ECN Accounts allow your orders to be matched with the best bid and ask prices, offered by a list of top-tier liquidity providers. Short for an Electronic Communication Network, they are an automated connection to liquidity providers that cut out the No Dealing Desk Brokers middle man at your broker. You’ve successfully signed up for our forex newsletter, where you’ll receive expert insights, market analysis, and the latest news straight to your inbox. FXTM’s education section is an excellent resource for new traders, and much of it is available for free. This holds true for its stock CFD offering, in addition to the number of commodities on offer.

Covering a broad range of markets, this offering can be considered more than sufficient compared to other major brokers in the industry. The extensive selection of stocks and shares offered for CFD trading and the dedicated account service provided for this is welcoming to those traders who specialize in that area. As per our research, we found that the account types offered by FXTM are among the best in the industry. Two of the main account types offered by the broker do not charge any commission.

What is FXTM leverage?

Both processes are painless and can be electronically completed within a short space of time to ensure your trading is uninterrupted. FXTM accounts are available to residents of most countries; this includes Nigeria, which is frequently excluded by other brokers. Notable areas of exclusion include the USA, Japan, Canada, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. We found that FXTM’s customer support is excellent compared to other similar brokers with weekend support.