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With over 1.5 million clients from more than 150 countries, FXTM is a trusted choice in the online trading community. 🛡️Regulated and trusted by the FSC (Mauritius) and the Capital Markets Authority of Kenya.🛡️2800 new traders chose this broker in the last 90 days.🛡️Available for global Traders. With accounts like the Standard Account, ECN Account, and VIP Account, traders can choose what suits their risk tolerance, trading style, and investment capacity. FXTM is licensed in multiple jurisdictions, including some of the most respected financial bodies in the world.

CFDs

The speed of execution on FXTM’s platform is impressive. I can react quickly to market changes, which is essential for my trading strategy. Traders can access these resources directly through the FXTM website or trading platform. To make a deposit, simply log in to MyFXTM, select your preferred deposit method, choose the account you want to deposit funds into, and confirm the transaction details. The main differences between MT4 and MT5 include the number of timeframes, indicators, and pending order types. MT5 offers more advanced features like a built-in economic calendar, market depth, and a multi-threaded strategy tester.

  • This means if you have a long position, your account is credited with the dividend amount, while a short position results in a debit from your account to reflect the dividend payout​.
  • FXTM offers 1000+ tradable instruments spanning CFDs and real stocks.
  • For this reason, ECN accounts are more suited to experienced traders who may be trading on a larger account.
  • While it may have a few drawbacks, like the withdrawal processing times and higher fees for certain accounts, it offers a well-rounded and secure trading experience.

Overall, FXTM offers a flexible and accessible way to enter the world of online trading. FXTM has earned a positive reputation on Google, with many users praising its low fees, user-friendly platforms, and responsive customer service. The broker has a solid presence on various review platforms, where traders highlight the broker’s commitment to offering a secure and reliable trading experience. Overall, the reputation is strong, with positive feedback from both beginners and more advanced traders. FXTM offers strong customer support with 24/5 availability through live chat, email, and phone. Support is available in multiple languages to accommodate global traders.

As a result, their customer support is diverse and wide-reaching to match each client’s needs depending on the region. One of the most exciting aspects of FXTM’s range of CFDs to trade is the fact that traders no longer have to change platforms to trade stocks CFDs. Simply trade all asset classes under a single account on the one trading platform. Cent AccountThe Cent Account is designed to give new traders a taste of the psychology required to succeed.

  • 1-click trading and fast execution speeds enable scalpers to be nimble in the market.
  • I really appreciate the help of your customer’s support in person of Thelma who is always there to assist and help in times of critical issues.The new upgrade is welcome and standard.
  • FXTM offers six account types, split into two main categories.

FXTM incorporates the MetaTrader platform, which is suitable for day trading. FXTM offers real stocks from US exchanges, which is not typical for CFD brokers and represents a significant advantage for swing traders. This is complemented by average swap fees and a good selection of CFD instruments, making swing trading (holding positions for days or weeks) a great option at FXTM. FXTM provides a seamless trading experience with its efficient platform and excellent customer service. FXTM has transformed my trading experience with its intuitive platform and exceptional customer service. FXTM offers a comprehensive range of educational resources designed to support traders at all skill levels.

I am very happy with their service so far and i really appreciate my relationship manager too for his encouragement and shaping my thoughts about trading. We do our best to ensure withdrawals are processed without hassles. I have been a client of FXTM since 2020 and after trying over 4 other brokers, I can say that they are, by far, the best broker I have ever dealt with. Fast transactions execution, very helpful support team, many support and technical tools available for free, and most importantly, very excellent rebate promotion program. The support team at FXTM is always available and eager to help. Their responsiveness adds to my overall positive trading experience.

FXTM have multiple business entities, regulated by multiple financial authorities. If you’re a new client to FXTM, it might be worth considering choosing the MetaTrader 5 (MT5) platform from the start. There are many reasons to start using FXTM’s MT5 platform or make the switch from your current MT4 broker. Use the calculator below to compare FXTM’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. ECN Accounts allow your orders to be matched with the best bid and ask prices, offered by a list of top-tier liquidity providers.

Trading Fees

FXTM offers a swap-free Islamic account that adheres to the principles of Sharia law. When using the chat feature, a bot answers you first, but you are passed on to a live operator if its answer is insufficient. In my tests, I was usually able to reach a human operator in less than one minute. Watchlists, tracking of open, pending, and closed positions, and trading from the chart are among the key features. The MetaTrader Web Platform (Web Trader) is a slightly stripped-down version of the desktop platform. It allows users to trade directly from any browser and operating system without any additional software.

Can’t log in to my account

Short for an Electronic Communication Network, they are an automated connection to liquidity providers that cut out the No Dealing Desk Brokers middle man at your broker. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. We’re always looking for people who share our viewpoints and like to write about the business.

FXTM Commissions & Fees

No, there are no fees to join the FXTM Affiliate Program. In the event of FXTM’s insolvency, your funds are fully protected and will not be used to cover any company liabilities, ensuring you have access to your funds. FXTM stores your funds in top-tier banking institutions, ensuring they remain secure and separate from FXTM’s own assets.

Deposits and Withdrawal

The minimum deposit to start trading with FXTM is $200, allowing easy access for most traders. Both the Advantage and Advantage Plus accounts give access to a wide range of instruments, including forex, spot metals, and CFDs, all available on the MetaTrader 5 (MT5) platform. Be sure to explore the latest promotions to enhance your returns, while keeping the terms and conditions in mind. Sign up to take advantage of these exciting offers and elevate your trading experience with FXTM. As a globally regulated broker, FXTM offers its traders an extra layer of protection, backed by its licenses in multiple jurisdictions.

We’ve shared your details with our Support Team and one of our agents will contact you directly to understand your issue further and help you. The passion that is shown in making your customers get the best, as well as your transparency and outstanding performance in deposit, withdrawer, and unwavering performance. FXTM Invest was the only reason I used and recommended this broker, with it gone, this broker became just another one amongst many.

Mobile trading

One benefit of this model of execution is that it fxtm broker reviews offers ultra-fast execution speed, as the orders don’t wait for a counterparty order to be executed — the broker becomes the counterparty. The MetaTrader 4 platform offers easy-to-read, interactive charts that allow you to monitor and analyze the markets in real-time. You also have access to more than 30 technical indicators, which can help you identify market trends and signals for entry and exit points. FXTM does not charge any withdrawal fees on all payment options available. However, payments that involve overseas banking institutions may attract intermediary transfer fees from either party, which is independent of FXTM.

FXTM allows clients to trade all the major cryptocurrencies, in the form of CFDs. All cryptocurrency CFDs are traded in currency pairs just like forex markets, against the US Dollar. So, for example, if you want to trade a Bitcoin CFD, then you’d trade a BTC/USD CFD. If you’re looking to take advantage of movements in an entire country’s stock market, you’re still able to trade index CFDs on MT4 with FXTM. FXTM’s Indices markets have some of the lowest spreads, making them a popular choice. FXTM offers clients the opportunity to trade over 250 financial instruments, all from MT4/MT5.

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