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Forex Time (FXTM) Broker: Reviews and Specifications

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FXTM Discussion

  • Website: www.forextime.com
  • Founded: 2012
  • Company: ForexTime Ltd (FXTM), FT Global Limited
  • Headquarter: Kanika International Business Centre. 4 Profiti Ilias, 4046, Germasogia, Limassol, Cyprus
  • Regulation: CySEC (#185/12), FSC (Belize, License #IFSC/60/345/TS and IFSC/60/345/APM.) • FCA

Open Account

International offices –
Broker Type ECN/STP
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes
Phone +357 2555 8777
Fax +357 25 558 778
Email [email protected]
Website Languages English

 

Account Information

Free Demo Account Yes
Min. Deposit $0 – standard account ; $200 – ECN account ;
ECN account Yes
Account Currencies USD • EUR
Maximum Leverage 1000:1
Minimal Order Volume 0.01
Segregated accounts Yes
Swap-free Accounts Yes (Note: instead of swaps, you will be charged commission equal 2-7% of your profit.)
MAM/PAMM accounts PAMM
Managed account No
Interest on margin No
Deposit/ Withdraw Options Moneybookers (Skrill) • Neteller • Bank Wire • Visa/ Mastercard

 

Trading Terms

Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
Precision pricing 5 digits
Type of Spread Floating
Commission Yes – ECN account ;
Lowest spread on EURUSD from 0 pip
Scalping Yes
Hedging Yes
Expert Advisors Yes
One-click execution Yes
OCO orders No
Mobile Trading Yes
Web Trading Yes
Gold, Silver Yes
CFDs Yes
Cryptocurrency Trading Bitcoin • Ethereum • Litecoin • Ripple
Other Trading Instruments Stocks • ETFs • Commodities • Shares • Metals
Promotion Yes FXTM bonus
Trading Contests Yes FXTM contest

Reader Interactions

Comments

  1. Matthew says

    December 18, 2014 at 3:57 pm

    Hey there, with this broker I had really successful month. What I prefer the most:
    – they allow scalping on ECN-accounts;
    – terms and conditions are clear, nothing hidden;
    – quick support (Dominique from customer support – the best) .

    Reply
  2. werrr says

    October 28, 2014 at 9:51 pm

    Pros: low spreads on majors, never had an issue with withdrawing money, good MT platform for iOS.
    Cons: slippages, particular during news.

    Reply
  3. trader777 says

    July 18, 2014 at 4:12 pm

    Finally! Thank you, I have received my money. All would be well, if not this withdrawal. I hope next time will be quicker. The girls from Payments Department really helped with my problem.

    Reply
  4. faruk says

    July 7, 2014 at 9:15 pm

    if you use scalping on ECN this broker is a very good one! after a year trading experience with them i can say they have a great chance to beat old fx market competitors. They are growing very fast and constantly improve their services.

    Reply
  5. David Wong says

    June 11, 2014 at 3:02 pm

    As a pro trader, EA user and scalper I would say this is overall a good broker in my experience.
    Pros: Good choice of currency pairs & CFDs, solid customer support and fast execution speeds
    Con: I want more serious trading competitions and not for demo accounts I am not a beginner

    Reply
  6. Pawel says

    November 19, 2013 at 4:37 pm

    I am a beginner and these help me to understand the forex platforms in my language. So now i take small profit only 70 dollars but i did not lose anything – I think with more training i can work with them and make money.

    Reply
  7. Chris says

    November 4, 2013 at 7:49 pm

    This is a very respectable broker for professionals. They are not focusing on gimmicks just decent honest trading with competitive conditions. I have twice withdrawn good profits and always so quick and efficient. Recommend for people serious about forex.

    Reply
  8. Dr Khan says

    August 1, 2013 at 3:35 pm

    These are great people to deal with if you are serious about forex trading because they offer the best in the industry for spreads, execution speeds, high leverage and a good all round service.

    I must admit i was worried at first because theyre a new company and you never know but ive seen so many good reviews for them that i tried them out with a small deposit.I had no problems and cant believe the bad reviews on this site- maybe these are people who dont know how to trade forex or took stupid risks. We all know there are risks involved in trading but if a broker offers all the right services then its up to you to manage markets.

    I would recommend them for serious traders.

    Reply
  9. Haryono says

    June 26, 2013 at 11:38 pm

    Very bad and scum broker…. Bad kopi Alpari…. Don’t try it and don’t loose your money!

    Reply

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