FXTM Review 2019 | Is FXTM a Scam or Legit Forex Broker?

Read our FXTM review to find out if FXTM is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.
FXTM
FXTM Overview

At onlineforextrading.net we have readers-first policy. Thus, we always put our readers' safety as a priority in our business line. We will never just satisfy ourselves with Brokers' public information, however, go in-depth. Often we will also open live and demo accounts and test brokers directly! For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation. The very same standards apply in case of this FXTM broker review.

The FXTM brand was launched in 2011, with a unique vision to provide unparalleled trading conditions and all-encompassing educational tools for clients in the forex industry.

In the course of just a few years, FXTM has firmly established itself as a global broker; basing its entire philosophy around the most precious commodity of all: time. By valuing the time of its clients, business partners, and team of dedicated professionals, FXTM ensures that its trading and investment products and services are efficient, effective, and reliable.

# Broker's Features FXTM Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review FXTM.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. FXTM offers Online Financial Trading and Investment Services Such as Bitcoin, Forex, CFDs, CFDs on Bitcoin, CFDS on Spo.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. FXTM is Broker, ECNEXT_SMALL1.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. FXTM recommended minimum capital is 10.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FXTM is regulated by CySEC, FCA, IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. FXTM offers EUR, USD, GBP, NGN different account currencies for each account types.

Languages Available: Next lets have a look at each broker's different Language options. FXTM offers English, Russian, over 18 languages supported.

Payment methods: Next lets have a look at each broker's payment options. FXTM offers Credit Cards, Wire Transfer, PayPal, Bitcoin different payment methods for each account types.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FXTM makes MetaTrader4/5, MT4 MultiTerminal, WebTrader available to clients.

FXTM social media competition

FXTM social media competition

The online retail forex broker Forex Time (FXTM) had been running a social media competition for the past three months, entitled "It’s Time!", as is the c...…

Published: Tuesday 29 October, 2019

FXTM forex demo contest already under way

FXTM forex demo contest already under way

Forex Time is a welcome addition in the world of forex brokers because the company is ever evolving and ever improving. The most recent testament to this ...…

Published: Sunday 27 October, 2019

FXTM’s Andrey Dashin on Cyprus as a jurisdiction and the current market volatility

FXTM’s Andrey Dashin on Cyprus as a jurisdiction and the current market volatility

FXTM is an international forex company that is headquartered in Cyprus and licensed and regulated by the Cyprus Securities and Exchange Commission. The he...…

Published: Tuesday 22 October, 2019

FXTM launches season of educational webinars

FXTM launches season of educational webinars

True to its principle for providing quality educational opportunities for its clients since it considers that an educated forex trader has a better chance to succeed, international …

Published: Tuesday 22 October, 2019