Online Trading Broker FXTM Global
This is a great way to get a good understanding of how the ForexTime FXTM trading system works. After that, you can finish the account-opening process in your browser or on a mobile device by installing the FXTM Trader app. In total, there are five steps to complete before you can begin trading. You’ll need to add personal and tax information to your profile, upload photos of some ID and, finally, make a deposit. You can trade CFDs on Indices with FXTM and choose from some of the most prominent and active securities in the US, Europe, Australia and Asia.
- The range of CFDs that you’re able to trade with FXTM is outlined below.
- Client needs come first, with helpful, skilled and multi-lingual support, always on hand to assist you every step of the way.
- FXTM is an award-winning broker with strict regulation in multiple jurisdictions.
- The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5.
- FXTM offer bite-sized and accessible short educational trading videos to help you learn more about trading and the different concepts involved.
Platforms and Tools
Precious metals have traditionally been a hedge against inflation and geopolitical uncertainty, and some currencies are influenced by shifts in their value. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. https://forexhero.info/ Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. He has also published a book in 2023 on on investing and trading.
Similar apps
These add-ons also have a specific purpose and can be used in tandem to complement your trading. If you’re an Android user, you can keep on top of every market movement by downloading MT4 and MT5 on to your mobile or tablet as you prefer. Download MetaTrader to your PC to receive the full technical analysis toolkit. Our state-of-the-art technology ensures your trades are executed faster than a blink, securing you the best market prices every time.
Protection of Funds
This aligns with FXTM’s ethos of providing tailored and responsible trading experiences to its global clientele. Whatever kind of trader you are, you can be confident that FXTM is a safe way to make foreign exchange trades. That’s because ForexTime FXT is registered in countries with strict deposit protection schemes and has built up a solid reputation since opening for business in 2011. The ForexTime FXTM platform remains one of the best forex trading apps available today.
I like the desktop platform as it has the most functionality, including automated trading. The web version is great as it runs directly in your web browser and is always up to date. The mobile trading app is perfect if you need to trade on the go from multiple locations. The FXTM standard account offers a wide range of features and benefits to all levels of traders. The minimum deposit requirement is $100 with a 30-lot maximum volume per trade. There is no commission charged on this account although the floating spreads start from 1.3 pips as they are marked up to cover costs.
Experienced traders, on the other hand, have access to some of the brightest economic minds in the game. On the Advantage account we offer typically zero spreads on FX majors, and spreads that can go as low as zero on gold. The leadership team behind Exinity Group has proven experience in banking, trading and financial technology.
There are also regular seminars and workshops conducted across the world. There is also a FXTM app which provides a variety of different tools and functions that helps a trader to make key decisions when reacting to different pieces of news. FXTM was launched back in 2011 in Cyprus and they had the goal of providing top quality education, great trading conditions and modern trading tools. If you’re a new trader who’s looking to learn how to trade, FXTM is worth a look. Why pay for expensive supplementary trading courses from a third party you don’t even know if you can trust, when FXTM’s articles, courses, and webinars are all accessible for free.
The resources that FXTM has put into both education and analysis exceeds anyone else in the entire industry. If you’re a risk-tolerant trader, then choose a high-risk system. FXTM Invest is a copy trading service similar to the setup at eToro. You follow the FXTM fxtm review traders, known as strategy managers in this case, with the risk management principles and system that align with your expectations. When setting up your CFD trading account, you will be able to choose from three base currency options being the EUR, USD or GBP.
FXTM offer multiple account types and flexible leverage to suit all different types of trader. I found the spreads to be very low, starting from just 0.1 pips with deep interbank liquidity to ensure fast trade execution speeds and No Dealing Desk (NDD) technology to avoid a conflict of interest. I would always prefer to use a broker without a dealing desk as I like to get my trades executed at the best possible prices and don’t want to be trading against the broker that I am using.
At FXTM, we are dedicated to making your trading journey as seamless as possible, starting from the moment you fund your account to the point where you withdraw your earnings. Our streamlined processes, commitment to security, and personalized customer support are designed to give you peace of mind and more time to focus on what matters most – your trading success. FXTM’s reputation is built on a foundation of trust, innovation, and service excellence, making it a premier choice for traders around the world. Our ever-growing collection of awards is a symbol of our dedication to excellence in the dynamic world of financial trading.
As highlighted above, the ability to trade individual share CFDs on MT4 is one of the most exciting aspects of opening an account with FXTM. With real-time prices sourced directly from the NYSE and the NASDAQ, trade price movements of some of the largest global companies. Whether you trade spot metals, energy, or soft commodities, FXTM has a CFD market for you. Whether it’s the main part of your trading strategy or simply used for diversification, take advantage of the volatility in commodities markets with FXTM. ECN Zero AccountAn FXTM ECN Zero Account has all the features of the ECN account above but without the commission charges.