FXTM ForexTime Review

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  • FSB Regulated!
  • 250+ trading instruments
  • Technical analysis with signals
sign-up-green1
$100
Minimum Deposit
500:1
Maximum Leverage
0.1
Mininum Spread

ForexTime (FXTM) has a strong reputation in the industry and allows traders a lot of flexibility.  Trading is executed on the MT4 and MT5 platforms, with a mobile application available for those who wish to trade way from your desktop PC.

Hedging, EAs, and scalping strategies are permitted, with low spreads and flexible leverage up to 1:1000.  For the beginner, free education and webinars are available.  Technical analysis and signals are free and part of your membership.  Once you sign up you will be contacted by an account manager to see how they can assist you in getting started.

As a member trader on FXTM, will have access to 250+ trading instruments including metals and contracts for different stocks, indices, commodities, and ETFs.

FXTM was established in 2012 by Andrey Dashin and is owned and managed by the holding company FT Global Services Ltd and its subsidiary holding company FT Global Services Ltd. It is based in Belize and Cyprus and is regulated by the CySEC, IFSC and the FSB.

Bonus structure

FXTM Loyalty Cashback – You will be able to get actual withdrawable cash rebates for each lot you trade up to six months. There are five rebate levels in all meaning the higher the level the more money you get back.

$4 for each traded lot – If you are a new client switching from another broker you will get $4 back for each lot traded.

Account types

Standard account

  • Tight floating spreads
  • Floating leverage up to 1:1000
  • Instant execution
  • Hedging allowed
  • Available in EUR, GBP and USD
  • No hidden commissions
  • SWAP-free option available

Cent account

  • Tight floating spreads*
  • Fixed leverage from 1:1000**
  • Instant execution
  • Available in EUR cents, GB pence and USD cents
  • Min deposit only 5 EUR/USD/GBP
  • Cent Lots
  • SWAP-free option available

Shares account

  • 180+ US shares
  • Margin from 3%
  • Instant execution
  • Hedging allowed
  • Available in EUR, GBP and USD
  • No commissions
  • SWAP-free option available

Unique selling points

  • FSB regulated with FSP number 46614
  • 250+ trading instruments
  • Cent lots

Pros

  • Technical analysis with signals
  • Fast withdrawals
  • Quality management team

Cons

  • No South African Rand
  • Can’t trade exotic pairs with swap free accounts
  • Need share account to trade shares CFDs

Breakdown

While FXTM does not offer South African Rand it is regulated by the FSB in SA. With ForexTime you will also have access to highly skilled, multi-lingual support when you need it most.  A good brokerage for those who want to trade with the MT4 & 5 platforms, and get access to good technical analysis continually.

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