We always do our best to improve our processes so our clients enjoy their time with us. If you have any suggestions for improvement, please do share it with us and we will do our best to implement them. And if you need any assistance in the future, our team is always available to help you through our Live Chat portals. Suitable for active day traders, clients can trade 250+ instruments 24/5.
- Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- The broker utilizes in-depth fundamental and technical analysis to highlight potential market opportunities from Canada, Indonesia, India, Malaysia, Nigeria and beyond.
- Forex, binary options and cryptocurrencies are highly speculative assets.
- You’ll need to add personal and tax information to your profile, upload photos of some ID and, finally, make a deposit.
How can a trader withdraw the rebates or commissions earned through Forex Time?
I have been with FXTM for about 7 years now, and my experience has been nothing but excellent so far. I can withdraw from my capital even when I have an open trade. You will be in the good company of a million other traders.
Company activitySee all
Compare FXTM with the top 3 similar brokers that accept traders from your location. FXTM trading fees vary depending on account type and instrument. On the downside, the broker doesn’t offer ETFs and bonds.
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare the markets and instruments offered by FXTM and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Response times have been quick during testing, with an initial response to a live chat query made via the website followed up within two minutes. Once registered with the FXTM Group, you can benefit from daily market analysis.
Can I withdraw all my money on FXTM?
FXTM’s MT4 platform also allows traders to access the multi-terminal feature that is unavailable on MT5. The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5. ECN Zero AccountAn FXTM ECN Zero Account has all the features of the ECN account above but without the commission charges. To compensate for no commissions, you’ll notice that your spreads are slightly wider, but still under the level of Standard Accounts.
TRADING BASICS
FXTM offers clients the opportunity to trade over 250 financial instruments, all from MT4/MT5. As a regulated broker, account verification at Forextime is a mandatory final step. Most traders will satisfy this by sending a copy of their ID and one proof of residency document. I found the entire process to be swift and hassle-free. I like that FXTM does not incorporate unnecessary steps or questionnaires. Beginner traders have access to one of the most comprehensive educational offerings, consisting of a video library featuring dozens of videos and written content.
FXTM’s three non-ECN accounts are the Standard, Cent, and Shares accounts. Cent accounts work in a balance of cents rather than dollars and have a tiny minimum deposit amount of $10. Access hundreds of trading instruments online across forex, indices, commodities, and stocks. Fast retrieve capital, reliable server, fast and friendly customer services, good spread and leverage. The company generates funds from commissions and spreads that are charged on overnight financing markups and trades. You can also use Bitcoin to make deposits in 24 hours without paying any xcritical scam commission.
The online brokering service at FXTM is nothing short of exceptional. It is not only an online trading platform, but also an online teaching platform. We recommend opening the Demo Account or the Cent Account scammed by xcritical to get started at ForexTime. Well, I opened my trading account with FXTM in and made my first deposit on 31 Dec 2016. But due to my insufficient knowledge in trading, I blew up the account and did not make a further deposits.