FXTM Broker Review 2025 All you need to know

Once the account shows a cash-only balance, they can withdraw all their money from FXTM. FXTM complies with four regulators, is a member of the Hong Kong-based Financial Commission, publishes audited performance reports, and has a clean operational record spanning fourteen years. scammed by xcritical Therefore, traders should consider FXTM among the most-trusted brokers industry-wide.

This is not only something that is widely respected in the industry, but also keeps you very well protected as a trader. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to FXTM. One big downside though, is that this broker does not accept EU retail customers anymore. It also includes encryption of data transmission as a way to stop unauthorized third-party access and data theft. The encryption includes server authentication and user identification policies. Thus, ensuring the data gets sent to the proper server and customer terminal.

All clients can also deposit via cryptocurrencies, Dusupay, Alfa-Click, Dixipay, WebMoney, Yandex.Money, QIWI, Perfectmoney, Bitcoin via Skrill, Bitcoin, or Konnexone. There is xcritical website fast execution and the availability of micro and mini lots. Although ForexTime is one of the newer brokers, it has been growing at a fast pace and has earned numerous awards in it’s lifetime. See how FXTM compares to the leading Forex brokers by reading one of the reviews below. FXTM is not among the oldest or the largest online brokerages for trading forex, cryptocurrencies or other high-demand asset classes.

ForexTime is well regarded in the industry with competitive spreads and is regulated in the UK by the FCA and Cyprus by CySec. ForexTime is a forex broker geared to a range of skill levels which was founded back in 2011 by Andrey Dashin. If you are trading with FXTM using MetaTrader 4 or MetaTrader 5, you can also elect to use the MT4 or MT5 suite of apps for mobile trading needs. You get a $50 (or equivalent) cash bonus when you refer a friend who opens an account and meets the xcritical deposit and trading criteria. Depending on the withdrawal method chosen, average transfer time ranges from 24 hours to 4 business days. Depending on the deposit method chosen, transfer time ranges from 1 to 24 hours on average.

CFDs on Indices ✔

• By partnering with a trustworthy broker like ForexTime, you can enjoy peace of mind and focus on your trading activities.If ForexTime violate any regulatory rules their regulated status could be stripped.
• MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
• MT4 remains the go-to choice for many due to its extensive library of custom indicators, while MT5 offers additional features like market depth and more order types​.

To view the ForexTime payment options available, you can log into your ForexTime member's area. ForexTime Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for ForexTime traders of all experience levels.

Trading on an ECN account ensures that you get the absolute best price in the market at any given time. FXTM use tiered commissions which mean commission costs will are lower if you hold more equity in your FXTM trading account and the more volume you trade. We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews.

It's important for ForexTime traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that ForexTime losses are limited to the funds available in your ForexTime account when negative balance protection is in place. Trading CFD trades on the ForexTime platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. In addition, currency conversion fees may apply if the ForexTime withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these ForexTime fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your ForexTime funds.

You can start using the MetaTrader 4 platform with ForexTime in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. ForexTime allows traders to trade on mobile devices through Android and iOS devices like the iPhone. A minimum deposit is the minimum amount of money required by ForexTime to open a new online brokerage account with them. ForexTime requires a minimum deposit of 500 GBP/USD/EUR when opening an ForexTime trading account. Our team has endeavored to break down the complex world of trading with ForexTime into easily digestible information in this ForexTime review.

• The NDD technology mentioned lets ForexTime work with various liquidity providers.
• With CFDs, ForexTime traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
• But FXTM’s forex education breaks down the fundamental concepts in an easy to consume manner.
• FXTM has an extensive range of trading instruments, offering 700 CFDs across various asset classes.

Common Tactics Include:

Though they do not offer any social trading capability, if you would solely like a great environment for copy trading, FXTM and the FXTM Invest platform is among the very best. In terms of security, FT Global utilizes the SSL (Secure Sockets Layer) protocol for network security. This ensures that a secure connection is used for all communications with clients. It also protects customers during any transactions they conduct with the company and ensures all customer information remains private.

With ForexTime, there is the opportunity for certain experienced users to upgrade to a pro trading account. The caliber and reputation of ForexTime can be evaluated on the features that it offers its users. These may include low minimum investment, zero commission investing, fractional shares, no foreign exchange fees, unlimited instant trades, tutorials, and a practice portfolio for newcomers to get used to trading with.

FXTM is an excellent broker for beginners, active traders, scalpers, and those who prioritise strong regulatory oversight and risk management. Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia. Throughout our comprehensive ForexTime review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

When trading on an FXTM Pro Account, you can be assured that you’ll never be re-quoted or charged a commission. Just direct access to deep pools of liquidity with absolutely minimal interference from FXTM. In the meantime, you may still continue to embed your ratings widget using the embed code below, in order to improve your ratings and visibility. However, response times may vary depending on the time of day, and some users in certain regions have noted occasional delays in reaching support. However, the payments we receive can influence the products, companies, or services we highlight and evaluate. This means not every available option may be featured on this page.

Company details

ForexTime offers a loyalty program in the form of Loyalty Cashback. This program gives you withdrawable cash for your loyalty instead of virtual dollars or points with limited usability. There are at least several workshops or seminars every week, so there should be one that appeals to most clients. It lets you combine three popular indicators with five calculations for pivot points to improve your financial strategy. There is a free sample of this quarterly market outlook available for non-clients. Clients also have the option of setting up SMS alerts for major market news.

Added to that, exotic currencies are not available to be traded with this account. With that said, it is still perfectly compliant for Islamic trading. All trading here is done with virtual funds but in an environment that perfectly replicates what live trading would be like.