Pros
- Loyalty Cashback Program
- Follow Successful Traders & Copy Them
- Hedging & Scalping Permitted
- Trade any Market
- Best FX Broker 2016 European CEO Awards
Cons
- No Services to USA, Japan, British Columbia, Quebec & Saskatchewan Residents
- Unable to Trade Exotic Pairs with Swap Free Accounts
- Separate Shares Account Needed to Trade Shares CFDs
- Share CFDs Not Traded in Real Time
- Demo Account Yes
- Minimum Deposit {currency}200
- Max Leverage 500:1
- Spreads from 1.6 Pips
- Type of Broker No Dealing Desk (NDD)
- Tradable Assets Currencies, Spot Metals, Share CFDs, CFDs On Commodity Futures, CFDs on ETFs and Indices
- Deposit Options Credit Card, Maestro, Neteller, Payza, Skrill, Webmoney, Yandex.Money, China UnionPay
- Established 2011
- Regulated by CIF, FSB, IFSC
- Telephone +44 203 734 10 25
- Customer Support 24/5 email, live chat or by phone
ForexTime (FXTM) Review
ForexTime Ltd (FXTM) was established in 2012 as an international online Forex broker and are regulated by Cyprus Securities Exchange Commission (CySEC), South Africa’s Financial Service Board (FSB), as well as the Belize International Financial Services Commission (IFSC). ForexTime offers impressive leverage of up to 500:1, as well as tight spreads starting from 0.1 pips and clients, benefit from segregated accounts, secure deposits, and withdrawals. With FXTM you have the ability to trade 100+ instruments and furthermore, they offer a variety of optimised account types, platforms, contests, and bonuses.
Tradeable Assets
Currencies, Cryptocurrencies, Spot Metals, Share CFDs, CFDs On Commodity Futures, CFDs on ETFs and Indices
Account Types
FXTM offers a wide variety of account types:
Standard Accounts:
- Standard Account
- CENT Account (Micro lots)
- Shares Account
ECN Accounts:
- MT4 Account
- MT5 Account
- ECN ZERO Account
- ECN Manager Account
- FXTM Pro
Type of Broker
No Dealing Desk (NDD)
Regulation
Regulated by IFSC & CySEC
Platforms
Trade via PC, Mac, mobile or tablet using the leading forex trading platform MetaTrader4 and MetaTrader5.
Deposit Options
Credit Card, Maestro, Neteller, Payza, Skrill, Webmoney, Yandex.Money, China UnionPay
Withdrawal Methods
Credit Card, Neteller, Payza, Skrill, Webmoney, Yandex.Money, China UnionPay, Moneybookers
Customer Support
Customer support services are multi-lingual and provided on a 24/5 basis. Traders may access customer support through email, live chat or by phone.
Languages
- English
- Arabic
- Chinese
- Czech
- French
- German
- Greek
- Indonesian
- Italian
- Korean
- Malay
- Polish
- Russian
- Spanish
- Thai
- Urdu
Address
ForexTime Ltd.
FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia 4156, Cyprus
Ease of Use
Whether a beginner or an experienced trader, you will find the website comprehensive and easy-to-use, as well as available in 18 languages. ForexTime offers Straight-Through Processing (STP), but the popular ECN set up is available too. Formats are supported by industry-standard MT4 and MT5 platform protocols, and available in mobile or web base.
Why Trade at FXTM
ForexTime enables traders to improve their skills through online courses, regular webinars, and local seminars. By offering advanced and innovative services, excellent customer care and by placing a high emphasis on the importance of education, FXTM provides their clients with everything needed to start a successful trading career.
To see how FXTM ranks against other industry-leading trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.
Risk Warning: Users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading CFDs. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser Disclosure: TopBrokers.Trade is an independent professional comparison site funded by referral fees. The compensation TopBrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.
