FXTM

Disclaimer:The information provided on this site should not be distributed or used by any individual in any country or jurisdiction where such distribution would violate local laws or regulations.

	Official Website
Leverage	1:2000
Minimum Deposit	$10
Regulation	FCA, CySEC, FSCA
Year Established	2011
Payment Methods	Bank Transfer, Credit/Debit Cards, Skrill, Neteller, WebMoney, PayPal
Trading Assets	Forex, Indices, Shares, Commodities, Cryptocurrencies
MT4	✅
MT5	✅
Spreads	Extremely low
Average cost: EUR/USD	0.2 pips
Demo Account	✅
Islamic Account	✅
CopyTrading	✅
ZuluTrade	❌
Scalping	Yes
Signals	✅
EAs/Robots	Available
Negative Balance Protection	Yes
Deposit Fee	❌
Withdrawal Fee	❌
Contact Information	Email: support@fxtm.com, Phone: +44 203 734 22 55
Address	FXTM Tower, 19 Spyrou Kyprianou Ave, 4040 Limassol, Cyprus
Rating	★★★★☆ 4.5
Website	Official Website

Alternative Brokers

Rank	Broker	Review
1	xChief
2	XTB
3	Exness
4	RoboForex
5	FBS
6	XM
7	JustMarkets
8	Markets.com
9	eToro
10	IC Markets

Pros and Cons

In-Depth FXTM Review: Evaluating Its Strengths and Weaknesses

Choosing the right forex broker is a critical decision that can significantly impact a trader’s success.

Among the plethora of trading firms available today, FXTM (Forex Time) has distinguished itself as a prominent player in the industry.

This comprehensive review aims to provide an exhaustive analysis of FXTM, covering its regulatory status, trading platforms, account types, fees, customer support, and more.

By the end of this review, both novice and intermediate traders will clearly understand what it offers and whether it aligns with their trading goals.

Company Background

Founded in 2011, FXTM has quickly become a leading name in the global forex trading community.

Headquartered in Limassol, Cyprus, the company operates under a robust regulatory framework and has established a global presence with offices in several key financial hubs, including the United Kingdom and South Africa.

The broker has earned a reputation for providing a wide range of trading services and platforms that cater to users of all experience levels, from beginners to professionals.

Regulatory Status

Regulation is a cornerstone of trust in the forex industry, and FXTM’s regulatory status is one of its most compelling features.

The broker is regulated by several top-tier financial authorities:

• Financial Conduct Authority (FCA): UK: As one of the most respected regulatory bodies globally, the FCA imposes stringent rules, ensuring transparency, client fund protection, and fair trading practices.
• Cyprus Securities and Exchange Commission (CySEC): Cyprus: CySEC is another well-regarded regulator in the European Union, known for its rigorous oversight and enforcement of financial regulations.
• Financial Sector Conduct Authority (FSCA): South Africa: The FSCA is the primary regulatory body in South Africa, responsible for ensuring that financial services firms operate fairly and transparently.

These regulatory approvals ensure that the company operates within strict legal frameworks, offering protection to its clients and enhancing its credibility as a trustworthy firm.

Global Presence and Client Base

FXTM has successfully expanded its reach beyond Europe, establishing a significant presence in Asia, the Middle East, and Africa.

The broker’s global approach is evident in its multilingual support, localized services, and a client base that spans over 150 countries.

This international presence underscores the company’s commitment to catering to a diverse range of traders with varying needs and preferences.

Trading Platforms and Technology

A broker’s trading platform is the primary interface through which clients interact with the markets.

FXTM offers several robust platforms that cater to different trading styles and levels of experience.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5)

FXTM provides access to the highly acclaimed MetaTrader platforms—MT4 and MT5.

Both platforms are renowned for their user-friendly interfaces, advanced charting tools, and extensive range of indicators.

• MetaTrader 4 (MT4): Widely regarded as the industry standard, MT4 is favored for its simplicity and effectiveness. It offers a customizable interface, multiple timeframes, and a wide array of technical indicators. The platform supports automated trading through Expert Advisors (EA) and allows back testing of trading strategies.
• MetaTrader 5 (MT5): MT5 is the more advanced successor to MT4, featuring enhanced analytical tools, more timeframes, and additional order types. It also supports trading in a wider range of asset classes, including stocks and commodities, making it ideal for those looking to diversify their portfolios.

Comparative Table: MT4 vs. MT5 Features

FXTM Trader App

To accommodate the growing demand for mobile trading, the firm has developed the FXTM Trader app.

This proprietary mobile application allows anybody to manage their accounts, place trades, and monitor market movements from their smartphones or tablets.

The app is available for both iOS and Android devices and offers a seamless, user-friendly experience.

Key features include:

• Real-time Quotes: Access to real-time price quotes for a wide range of trading instruments.
• Account Management: Ability to deposit, withdraw, and transfer funds between accounts directly from the app.
• Order Management: Place market and pending orders, set stop-loss and take-profit levels, and modify existing orders.
• Market Analysis: Stay updated with real-time market news and analysis directly within the app.

WebTrader

For traders who prefer not to download software, FXTM offers WebTrader, a browser-based version of the MetaTrader platforms.

WebTrader provides all the essential features of MT4 and MT5, including charting tools, indicators, and order management, without the need for installation.

This platform is particularly useful for people who need flexibility and access to their accounts from different devices.

Trading Tools and Resources

FXTM enhances the trading experience by offering tens of tools designed to assist traders in making informed decisions.

These tools are accessible through the trading platforms or website:

• FXTM Pivot Points Strategy: A powerful tool that helps people identify potential support and resistance levels based on pivot points. This strategy is particularly useful for intraday traders.
• Forex News Timeline: Real-time news updates are integrated directly into the trading platforms, allowing investors to stay informed about market-moving events without leaving the platform.
• Economic Calendar: The economic calendar provides a comprehensive schedule of upcoming economic events, such as central bank meetings, GDP releases, and employment reports. Users can use this tool to anticipate market volatility and plan their trades accordingly.
• Trading Signals: FXTM offers trading signals generated by professional analysts. These signals include entry and exit points for specific trades, helping investors make informed decisions without extensive market analysis.

Account Types and Features

FXTM offers 7 account types tailored to the needs of different traders.

Whether you’re a beginner or a professional trader, this broker has an account type that suits your needs.

Standard Accounts

The Standard accounts are designed for users who prefer a straightforward trading experience without commissions.

These accounts offer competitive spreads and access to a wide range of trading instruments.

1. Standard Account: This is the most popular account type, offering a minimum deposit of $100 and spreads starting from 1.3 pips. It provides access to the MT4 platform and supports all major trading instruments, including forex, commodities, and indices.
2. Cent Account: Ideal for beginners, the Cent Account allows people to trade with smaller capital by using cents instead of dollars. The minimum deposit is just $10, and the account supports micro-lots, making it an excellent choice for those new to trading.
3. Shares Account: This account is specifically designed for those interested in trading shares. It provides access to major global stock markets and offers variable spreads with no commissions. The minimum deposit for this account is $100.

ECN Accounts

For traders who prefer tighter spreads and direct access to the market, it offers ECN accounts.

These accounts are designed for more experienced users who seek low spreads and are comfortable paying a commission per trade.

1. ECN Account: The ECN Account offers some of the tightest spreads available, starting from 0.1 pips. While this account requires a higher minimum deposit of $500, it provides access to both the MT4 and MT5 platforms and charges a commission of $4 per lot.
2. ECN Zero Account: This account type eliminates commissions but offers slightly wider spreads starting from 1.5 pips. It requires a minimum deposit of $200 and is available on both MT4 and MT5 platforms.
3. FXTM Pro Account: Designed for professionals and institutional clients, the FXTM Pro Account offers raw spreads starting from 0 pips with no commission. This account requires a substantial minimum deposit of $25,000 and provides access to high liquidity and fast execution.

Islamic Accounts

In line with its global approach, FXTM offers Islamic accounts for people who follow Sharia law.

These accounts are swap-free, meaning no interest is charged on overnight positions. Islamic accounts are available for all account types, ensuring that traders can adhere to their religious beliefs while trading.

Comparative Table: Account Types

Fees and Spreads

The cost of trading is a critical consideration for traders, and its fee structure is designed to be competitive and transparent.

Understanding the various fees and spreads associated with different account types is essential for effective trading cost management.

Spreads

Spreads represent the difference between the bid and ask prices of a trading instrument and are a primary cost.

FXTM offers variable spreads, which means that spreads can widen during periods of low liquidity or high market volatility.

• Standard Account: Spreads start from 1.3 pips on major currency pairs such as EUR/USD. This is a competitive rate for a non-commission account, making it suitable for those who prefer simplicity.
• ECN Account: With spreads starting from 0.1 pips, the ECN Account offers some of the lowest spreads in the market. However, these tight spreads come with a commission of $4 per lot traded, which is typical for ECN accounts. Despite the commission, the low spreads make this account type attractive to traders who prioritize execution speed and cost efficiency.
• Pro Account: This account offers raw spreads starting from 0 pips, which is ideal for professionals and high-frequency traders who require the best possible pricing. While there is no commission charged, the high minimum deposit requirement means it’s best suited for individuals with significant capital.

Commissions

FXTM charges commissions on its ECN accounts, while other account types like the Standard and Cent accounts are commission-free.

The commission structure for ECN accounts is straightforward:

• ECN Account: A flat commission of $4 per lot is charged, which is competitive compared to other brokers offering similar ECN services. The combination of low spreads and reasonable commissions makes this account type cost-effective for active traders.
• Pro Account: No commission is charged on trades, which, coupled with raw spreads, makes this account particularly attractive to professionals. However, the substantial initial deposit required to open this account can be a barrier for smaller retail users.

Swap Fees

Swap fees, also known as rollover fees, are charged on positions held overnight and are a reflection of the interest rate difference between the currencies being traded.

These fees can either be positive or negative, depending on the direction of the trade and the currencies involved.

• Standard and ECN Accounts: Swap fees are applicable, and traders can view the exact rates for each currency pair within the trading platform. FXTM provides a swap calculator on its website, allowing people to estimate these costs before opening a position.
• Islamic Accounts: Clients using Islamic accounts are exempt from swap fees, as these accounts are designed to comply with Sharia law. Instead, a fixed administrative fee may be charged, which varies depending on the asset traded.

Deposit and Withdrawal Fees

FXTM offers many deposit and withdrawal methods, with fees that vary depending on the method chosen.

Here’s a breakdown of the fees associated with different payment methods:

• Bank Transfer: Typically, bank transfers are subject to a fee, which can range from $30 to $50 depending on the bank and location. Processing times are usually between 3 and 5 business days.
• Credit/Debit Cards: FXTM does not charge fees for deposits made via credit or debit cards. Withdrawals to credit/debit cards are generally processed within 24 hours, with fees varying depending on the card issuer.
• E-Wallets (Skrill, Neteller, WebMoney): E-wallet transactions are often fee-free for deposits. However, withdrawal fees can range from 1% to 2% of the transaction amount, with most transactions processed within 24 hours.

Fee Comparison Table

Hidden Costs

FXTM is transparent about its fee structure, but investors should be aware of potential hidden costs, such as:

• Inactivity Fees: FXTM charges an inactivity fee if an account remains dormant for six consecutive months. This fee can add up over time, so traders who may not trade frequently should consider this when choosing.
• Conversion Fees: If you deposit funds in a currency besides your account’s base currency, the broker will charge a conversion fee. This is important to consider for market participants who plan to trade across different currency pairs or deposit in non-major currencies.

Trading Instruments

FXTM offers an extensive range of trading instruments, allowing traders to diversify their portfolios and explore various markets.

This variety is particularly beneficial for those looking to hedge their trades or capitalize on global market trends.

Forex

Forex trading is the core of its offerings, with over 60 currency pairs available, including majors, minors, and exotics.

This extensive range gives the flexibility to trade popular pairs like EUR/USD and GBP/USD, as well as less commonly traded pairs like USD/ZAR and EUR/TRY.

• Major Pairs: These include pairs like EUR/USD, GBP/USD, and USD/JPY, which are known for their high liquidity and tight spreads.
• Minor Pairs: These include pairs like EUR/GBP and GBP/JPY, which have lower liquidity and wider spreads compared to major pairs.
• Exotic Pairs: These pairs involve a major currency and a currency from a developing or emerging market, such as USD/TRY (US Dollar/Turkish Lira). Exotic pairs typically have higher spreads due to lower liquidity.

Commodities

For traders looking to diversify beyond forex, FXTM offers a selection of commodities, including precious metals and energy products.

• Precious Metals: The broker provides access to gold and silver trading, both of which are popular among people as safe-haven assets. The broker offers competitive spreads on these metals, making them an attractive option for portfolio diversification.
• Energy Commodities: Traders can speculate on the price movements of crude oil (WTI and Brent) and natural gas. These commodities are closely tied to global economic activity and are often used by investors to hedge against inflation or geopolitical risks.

Indices

Indices trading allows to speculate on the performance of a group of stocks representing a specific market or sector.

His platform offers trading on major global indices, including:

• S&P 500: A widely followed index representing 500 of the largest companies in the U.S. economy.
• NASDAQ 100: An index composed of the 100 largest non-financial companies listed on the NASDAQ stock exchange.
• FTSE 100: Represents the 100 largest companies listed on the London Stock Exchange.
• DAX 30: An index of 30 major German companies trading on the Frankfurt Stock Exchange.

Shares

FXTM also offers the ability to trade shares of major companies listed on global exchanges.

This service is available through the MT4 platform and provides with direct access to the stock market without owning the underlying shares.

• US Stocks: Trade shares of major U.S. companies like Apple, Amazon, and Google.
• European Stocks: Access shares of leading European companies, including those listed on the London and Frankfurt stock exchanges.
• Asian Stocks: Trade shares of prominent companies in the Asian markets, providing exposure to rapidly growing economies.

Cryptocurrencies

The firm has tapped into the growing interest in cryptocurrencies by offering a selection of digital currencies for trading.

This includes:

• Bitcoin (BTC): The most well-known and widely traded cryptocurrency.
• Ethereum (ETH): A leading cryptocurrency that powers smart contracts on the Ethereum blockchain.
• Litecoin (LTC): Often referred to as the silver to Bitcoin’s gold, Litecoin is known for faster transaction times.
• Ripple (XRP): A digital payment protocol that offers faster and cheaper cross-border transactions.

Cryptocurrency trading is available 24/7, providing with the flexibility to trade at any time, which is especially useful in this highly volatile market.

Contracts for Difference (CFDs)

CFD trading allows anybody to speculate on the price movements of various assets without owning the underlying asset.

FXTM offers CFDs on forex, commodities, indices, and shares.

CFDs are a popular choice for those looking to take advantage of both rising and falling markets.

Trading Instruments Comparison Table

Leverage and Margin

Leverage is a double-edged sword in forex trading, offering the potential for amplified profits but also increasing the risk of significant losses.

FXTM provides a range of leverage options tailored to different trading strategies and risk appetites.

Leverage Options

FXTM offers leverage up to 1:2000, one of the highest in the industry.

This level of leverage is available on select account types and for specific instruments, primarily in the forex market.

However, the availability of high leverage is subject to regulatory restrictions based on the trader’s country of residence.

• Standard and ECN Accounts: Leverage up to 1:2000 is available, but traders must be aware that higher leverage increases the risk of rapid losses, especially in volatile markets.
• Pro Account: Leverage up to 1:500 is offered, reflecting the account’s target market of professionals who are typically more risk-conscious.

Margin Requirements

The margin is the amount of capital required to open and maintain a leveraged position.

FXTM’s margin requirements vary depending on the asset class, leverage used, and account type.

The broker provides a margin calculator on its website, allowing traders to estimate the required margin for their trades.

• Forex: Margin requirements can be as low as 0.05% for major currency pairs with the highest leverage.
• Commodities and Indices: Higher margin requirements are typically imposed due to the greater volatility of these markets.
• Shares: Margin requirements for share trading are higher, often starting at 10% of the position’s value, reflecting the lower leverage available.

Risk Management Tools

To mitigate the risks associated with high leverage, FXTM offers several risk management tools:

• Stop Loss and Take Profit Orders: These orders automatically close a position when it reaches a predetermined price level, helping traders lock in profits or limit losses. These tools are essential for managing risk, especially when using high leverage.
• Negative Balance Protection: FXTM ensures that clients cannot lose more than their account balance, even in highly volatile market conditions. This feature is crucial for retail users who might otherwise face significant losses beyond their initial deposit.
• Margin Call Alerts: The firm provides margin call alerts when a trader’s account equity falls below a certain level. This prompt notification gives clients the opportunity to either deposit additional funds or close positions to prevent a forced liquidation.

Customer Support and Service Quality

Customer support is a vital component of any broker’s service offering, as customers may need assistance with account issues, technical problems, or trading-related queries.

FXTM excels in this area, providing comprehensive support through various channels.

Availability and Responsiveness

The company offers customer support 24 hours a day, five days a week, aligning with the global forex market’s operating hours.

This ensures that clients can get help whenever the markets are open, regardless of their location.

• Live Chat: The live chat feature on the website and the FXTM Trader app allows users to connect with support agents instantly. Response times are typically under a minute, making it a convenient option for urgent queries.
• Phone Support: The firm provides dedicated phone lines for different regions, including the UK, Cyprus, and South Africa. This localized support ensures that clients receive assistance in their preferred language and according to their time zone.
• Email Support: Users can contact the firm via email, with most inquiries answered within 24 hours. This is a suitable option for non-urgent queries that require detailed responses.
• Social Media: Finally, it also maintains an active presence on social media platforms like Facebook, Twitter, and LinkedIn. Customers can also reach out to the broker via these channels for support or to stay updated on the latest news and promotions.

Language Support

Reflecting its global client base, it offers customer support in multiple languages.

The main languages supported include English, Arabic, Chinese, French, German, and Spanish, among others.

This multilingual support is a significant advantage for non-English-speaking traders, ensuring that they receive assistance in their native language.

Support Quality

Its support team is known for its professionalism, knowledge, and responsiveness.

The team is well-equipped to handle a wide range of issues, from account setup and verification to platform troubleshooting and market analysis.

The quality of support is consistently rated highly in client reviews, reflecting its commitment to providing top-notch service.

Educational Resources and Trader Support

Education is a core component of its offering, and the broker has invested significantly in creating a comprehensive suite of educational resources.

These resources are designed to help people improve their skills and knowledge, regardless of their experience level.

FXTM Academy

The academy serves as the broker’s hub for educational content, offering a wide range of materials that cater to both beginners and professionals.

• Webinars: FXTM hosts regular live webinars covering several topics, including market analysis, trading strategies, and risk management. These webinars are conducted by experienced users and market analysts, providing valuable insights into current market trends and opportunities.
• E-Books: It offers a selection of free e-books on essential trading topics, such as technical and fundamental analysis, trading psychology, and risk management. These e-books are a great starting point for beginners looking to build a solid foundation in trading.
• Video Tutorials: For those who prefer visual learning, the firm provides a series of video tutorials. These tutorials cover everything from setting up the MetaTrader platforms to executing trades and using advanced charting tools.
• Forex Glossary: Its forex glossary is a useful resource for market participants who need to familiarize themselves with the terminology used in the forex market. The glossary includes definitions of key terms and concepts, making it easier for beginners to navigate the trading world.

Market Analysis

FXTM offers daily market analysis, providing individuals with insights into current market conditions and potential trading opportunities.

The analysis is conducted by a team of experts and is available in several formats:

• Daily Market Updates: These concise reports provide a snapshot of the day’s key market events and their potential impact on various trading instruments.
• Technical Analysis Reports: These in-depth reports focus on specific assets, using chart patterns, indicators, and other technical tools to identify potential trading opportunities.
• Fundamental Analysis: Their fundamental analysis reports examine economic data releases, central bank policies, and geopolitical events that could influence the markets.

Trading Signals and Insights

For traders looking for additional guidance, the broker offers trading signals generated by its team of professional analysts.

These signals provide specific entry and exit points for trades, along with explanations of the underlying market conditions that support the recommendations.

The signals are available for a wide range of assets, including forex, commodities, and indices.

Account Opening Process

Opening an account is a straightforward process that can be completed online in just a few steps.

The firm has streamlined the process to ensure that users can start trading quickly and with minimal hassle.

Step-by-Step Guide to Opening an Account

1. Registration: The first step is to complete the online registration form on the website. The form requires basic personal information, such as name, email address, phone number, and country of residence. Users must also select their preferred account type during registration.
2. Verification: After registering, people must verify their identity and address by submitting copies of their identification documents (e.g., passport or driver’s license) and a utility bill or bank statement. This verification process is a regulatory requirement designed to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations.
3. Funding the Account: Once the account is verified, the next step is to fund the account. FXTM offers various deposit methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill, Neteller, and WebMoney. Deposits are typically processed quickly, with most methods providing instant funding. The firm does not charge deposit fees, though traders should be aware of any fees that might be levied by their payment provider.
4. Account Setup: After funding the account, clients can proceed to set up their trading platform. FXTM provides download links for MetaTrader 4 (MT4), MetaTrader 5 (MT5), and their Trader app directly from their website. The setup process is user-friendly, with clear instructions on how to install and configure the platform.
5. Start Trading: With the account funded, and the platform set up, customers can begin trading. it offers a demo account option, which is highly recommended for beginners. This allows users to practice trading with virtual funds, giving them the opportunity to familiarize themselves with the platform and develop their strategies without risking real money.

Account Management and Features

FXTM offers a range of features and tools that enhance the account management experience.

These include:

• MyFXTM: This is the client portal where people can manage all aspects of their account. Through MyFXTM, users can deposit and withdraw funds, access trading platforms, monitor their account balance and equity, and view transaction history. The portal is intuitive and user-friendly, ensuring that traders can manage their accounts efficiently.
• Funding Flexibility: FXTM supports a wide variety of deposit and withdrawal methods, making it convenient for investors from different regions to fund their accounts. The broker also offers the option to set up automatic withdrawals, providing added convenience for those who prefer to automate their account management.
• Customizable Trading Conditions: The company allows anybody to customize certain aspects of their trading conditions, such as leverage and trade size. This flexibility is particularly beneficial for those who want to tailor their trading environment to their risk appetite and trading style.
• Detailed Reporting: It also provides detailed reports on trading activity, which can be accessed through the portal. These reports include information on open and closed trades, account balance, margin levels, and more. This transparency ensures that traders have full visibility over their trading performance and account status.

Security of Funds

The security of client funds is a top priority, and the broker has implemented several measures to ensure that client money is safe and secure.

Segregated Accounts

FXTM holds client funds in segregated accounts, separate from the company’s operating funds.

This segregation ensures that client money is not used for any operational purposes and is protected in the event of insolvency.

This practice is in line with the requirements of the regulators, including the FCA and CySEC.

Investor Compensation Fund

As a regulated broker, the firm is a member of investor compensation schemes, such as the Cyprus Investor Compensation Fund (ICF) and the Financial Services Compensation Scheme (FSCS) in the UK.

These schemes provide an additional layer of protection for clients.

In the unlikely event that the firm is unable to meet its financial obligations, eligible clients may be compensated up to a certain amount, depending on the scheme.

Data Security

FXTM uses advanced encryption technology to protect customers’ personal and financial information.

The broker employs SSL (Secure Socket Layer) encryption on all transactions and communications, ensuring that sensitive data is transmitted securely.

Additionally, it complies with the General Data Protection Regulation (GDPR), which mandates stringent data protection standards for companies operating in the European Union.

Two-Factor Authentication (2FA)

To further enhance account security, it offers the option of two-factor authentication (2FA) for logging into the MyFXTM portal.

2FA adds an extra layer of protection by requiring users to enter a code sent to their mobile device in addition to their password.

This reduces the risk of unauthorized access to trading accounts.

Market Research and Analysis

Market research and analysis are crucial components of a successful trading strategy.

FXTM provides an extensive range of research tools and resources to help people make informed decisions.

Daily Market Insights

Their team of expert analysts provides daily market insights that cover the latest developments in the financial markets.

These insights are available in several formats:

• Market Briefings: These briefings provide a summary of key market events, including economic data releases, central bank announcements, and geopolitical developments. They are ideal for individuals who need a quick overview of the markets.
• Technical Analysis: FXTM offers in-depth technical analysis reports that focus on specific trading instruments. These reports include detailed chart analysis, identifying key support and resistance levels, trend lines, and potential trading opportunities.
• Fundamental Analysis: The broker also provides fundamental analysis reports that examine the economic factors driving market movements. These reports are particularly useful for those who prefer a long-term approach based on economic fundamentals.

Trading Signals and Strategies

For traders looking for actionable insights, it offers trading signals and strategies developed by its team of professional analysts.

These signals include entry and exit points for trades, as well as the rationale behind the recommendations.

The strategies are based on a combination of technical and fundamental analysis, and they cover a wide range of trading instruments.

Economic Calendar

The economic calendar is a vital tool for people who want to stay informed about upcoming economic events that could impact the markets.

Their economic calendar provides a detailed schedule of key events, including interest rate decisions, employment reports, and GDP releases.

The calendar is interactive, allowing investors to filter events by currency, impact level, and period.

Webinars and Seminars

Education is a key focus, and the firm regularly hosts webinars and seminars to educate market participants on various aspects of trading.

These events are led by experienced users and market analysts, providing valuable insights into trading strategies, market analysis, and risk management.

• Webinars: Their webinars are accessible to all clients and cover a wide range of topics. They are interactive, allowing participants to ask questions and engage with the presenters in real-time.
• Seminars: It also hosts in-person seminars in various locations around the world. These events provide an opportunity for people to learn from industry experts and network with other users.

Trading Environment and Execution Quality

The quality of the trading environment and execution is crucial, particularly those who engage in high-frequency or large-volume trading.

FXTM has invested significantly in technology and infrastructure to ensure that it offers a superior trading environment.

Execution Speed

FXTM prides itself on providing fast and reliable trade execution.

The broker uses state-of-the-art trading servers and infrastructure to minimize latency and ensure that orders are executed quickly and accurately.

Its average execution speed is less than 200 milliseconds, making it one of the fastest brokers in the industry.

Slippage and Requotes

Slippage and requotes can be a concern, particularly during periods of high market volatility.

FXTM has implemented measures to minimize slippage and requotes, ensuring that traders get the best possible execution price.

Their ECN accounts, in particular, offer minimal slippage due to direct market access and deep liquidity.

Liquidity Providers

The company works with multiple liquidity providers to ensure that it offers competitive pricing and deep liquidity.

The firm’s liquidity pool includes some of the largest banks and financial institutions in the world, which helps to ensure that spreads remain tight even during periods of market volatility.

Order Types and Flexibility

FXTM offers a wide range of order types, providing clients with the flexibility to implement their strategies effectively.

These include:

• Market Orders: Execute a trade at the current market price.
• Pending Orders: Set a future price level at which to enter or exit a trade. These include limit orders, stop orders, and stop-limit orders.
• Trailing Stops: A dynamic stop order that adjusts with the market, allowing traders to lock in profits while minimizing risk.
• Good ‘Til Canceled (GTC): An order that remains active until it is either executed or canceled by the trader.

Comparative Table: Execution and Trading Environment

Additional Features and Services

FXTM goes beyond the standard offerings of most forex brokers by providing additional features and services that enhance the trading experience.

These services are particularly beneficial for those who are looking to optimize their trading strategies and improve their overall trading performance.

Copy Trading with FXTM Invest

This broker offers a copy trading service called FXTM Invest, which allows users to copy the trades of experienced and successful traders, known as Strategy Managers.

This service is ideal for beginners who want to benefit from the expertise of seasoned professionals without having to make trading decisions themselves.

• How It Works: Traders can browse through a list of Strategy Managers, review their performance metrics, and choose to copy their trades. The copied trades are executed automatically in the investor’s account, with profits or losses being shared proportionally.
• Performance Metrics: FXTM provides detailed performance metrics for each Strategy Manager, including their historical returns, risk level, and trading strategy. This transparency allows investors to make informed decisions when selecting a Strategy Manager to follow.
• Flexibility: Investors can choose how much capital to allocate to each Strategy Manager and can stop copying trades at any time. This flexibility allows people to manage their risk and adjust their investment strategy as needed.

VPS Hosting for Expert Advisors (EA)

For those who use automated trading strategies through Expert Advisors, it offers VPS (Virtual Private Server) hosting.

A VPS allows individuals to run their EA 24/7 without interruption, ensuring that trades are executed without delays due to internet connectivity issues or power outages.

• Reliability: VPS hosting ensures that EAs continue to operate even when the trader’s local device is turned off or disconnected from the internet. This is crucial for market participants who rely on automated strategies that require constant monitoring and execution.
• Low Latency: Their VPS hosting is located close to its trading servers, minimizing latency and ensuring that trades are executed quickly and accurately.
• Accessibility: Clients can access their VPS from anywhere in the world, making it convenient for those who travel frequently or who trade across multiple time zones.

Trading Contests and Promotions

The firm regularly hosts trading contests and promotions, offering the chance to win cash prizes, bonuses, and other rewards.

These contests are open to everybody, regardless of experience level, and provide an exciting way to test trading skills and compete against others.

• Demo Contests: FXTM offers demo trading contests, allowing traders to compete without risking real money. These contests are a great way for beginners to practice trading in a competitive environment.
• Live Contests: For more experienced users, it offers live trading contests with substantial cash prizes. These contests often have specific trading conditions and rules, adding an extra layer of challenge for participants.
• Bonuses and Promotions: The company also runs various bonus and promotional campaigns, such as deposit bonuses and cashback offers. These promotions provide additional value to traders and can enhance trading capital.

Conclusion

FXTM has established itself as a leading forex broker, offering a comprehensive range of services and features that cater to traders of all experience levels.

From its robust regulatory framework and diverse account types to its advanced trading platforms and educational resources, it provides a well-rounded trading experience that meets the needs of both beginners and professionals.

The broker’s commitment to transparency, security, and customer support is evident in its operations, making it a reliable choice for traders seeking a trustworthy and efficient trading partner.

Its additional features, such as copy trading, VPS hosting, and trading contests, further enhance its appeal, offering customers more ways to engage with the markets and optimize their trading strategies.

Whether you are new to forex trading or an experienced trader looking for a broker that offers competitive spreads, fast execution, and a wide range of trading instruments, FXTM is certainly worth considering.

With its global presence, strong regulatory backing, and dedication to client satisfaction, the firm is well-positioned to support traders in achieving their financial goals.

In conclusion, FXTM offers a robust and versatile trading environment that can accommodate a wide range of trading styles and preferences.

Its comprehensive suite of tools, platforms, and services makes it a strong contender in the competitive world of forex trading.

Traders who choose it can expect a reliable partner that prioritizes their success and provides the resources necessary to navigate the complexities of the financial markets.

FAQ

References and Sources

• Official Website: https://www.forextime.com/
• Twitter: https://twitter.com/fxtmglobal
• LinkedIn profile: https://cy.linkedin.com/showcase/fxtmglobal/
• Trustpilot: https://www.trustpilot.com/review/forextime.com
• YouTube: https://www.youtube.com/channel/UC_LHYywERHCnt_L5pvOen5A
• Facebook: https://www.facebook.com/forextime/

Featured Video

User Reviews

Article written, edited and reviewed by

Adam Rosen

Adam Rosen is a seasoned senior marketer whose expertise extends far beyond the norm. Drawing from decades of experience in the industry, Adam plays an integral role in our team, infusing his insights into every project we tackle. But that's not all – Adam has a unique knack for breaking down complex broker information and crafting insightful reviews for our website, Brokfolio. His dedication to providing readers with valuable insights and guidance makes him an invaluable asset to our team. Beyond his professional pursuits, Adam is fueled by an unwavering passion for technology and fintech. He thrives on pushing boundaries and exploring new horizons in these dynamic domains. Curious to learn more about the mind behind the words? Dive into Adam Rosen's profile to discover a wealth of expertise, innovation, and a relentless drive for excellence.

Andrew Blumer

Andrew Blumer is a finance pro who's got money matters down to a science.
Back in the day, he schooled at Belmont Hill School in Belmont, MA. Then, he took a swing at Harvard College, bagging a BA degree in economics. And that wasn't enough for him – he also nailed an MBA from Harvard Business School in '98.
But hold on, there's more to this financial nerd.
Andrew's been causing ripples in the fintech world for a while now. In fact, he's the mastermind behind Brokfolio, a platform that's all about making trading on financial markets crystal clear and super accessible.
Oh, and did we mention? He's the manager of Brokfolio's website and an expert in online brokers. So, if you're diving into the world of trading, Andrew's your go-to guy.
For more on his financial escapades, head over to his LinkedIn profile. Trust us, his journey is worth a read!

Emily Clark

Emily Clark is our superstar who kicked off her journey as a content whiz and proofreading ninja, focusing on all things finance and tech.
As our team grew, Emily's role blossomed big time. She became the go-to rockstar, an absolute must-have player in our squad, making our growth story rock.
Emily's work ethic? Oh, it's like a caffeine-fueled engine, chugging away with laser-sharp precision. Seriously, without her juggling skills, our growth wouldn't have hit turbo mode.
But here's the cool part – Emily isn't just words and commas. She's got this uncanny radar for brokers and trading know-how. It's like she's got insider info on these money-making worlds.
Currently Emily's holding the senior editor crown, keeping tabs on content from our awesome team.

Alternatives

Rank	Broker	Review
1	xChief
2	XTB
3	Exness
4	RoboForex
5	FBS
6	XM
7	JustMarkets
8	Markets.com
9	eToro
10	IC Markets

Last updated: September 19, 2025