FXTM.COM (ForexTime) Review

╙ Compare Fx Brokers

Launched in 2011, ForexTime (FXTM) is an ECN Forex broker headquartered in Cyprus (EU). ForexTime Limited is regulated by CySEC (License 185/12), ForexTime UK is regulated by the FCA UK (License 777911), and Exinity Limited is regulated by the FSC (License C113012295).

FXTM GENERAL INFORMATION

■ Foundation: FXTM was founded in 2011

■ Headquarters: FXTM has offices in Cyprus, the UK, and Mauritius

■ US Residents: FXTM does not accept US traders –No-

■ Islamic Accounts: FXTM provides Islamic Accounts (SWAP-Free) –Yes-

■ Regulated: Forextime Limited is regulated by CySEC (No 185/12). Forextime UK Limited is regulated by the FCA (License No. 777911). Exinity Limited is regulated by FSC (License No. C113012295) - Check below for more FXTM corporate information

■ Web-Site Languages: FXTM website supports many languages (English, Arabic, Spanish, Russian, Chinese, French, Italian, Korean, Czech, Indonesian, Malay, Persian, Polish, Thai, Urdu, and Vietnamese)

FXTM TRADING INFO SUMMARY

■ Broker Type: ECN (DD/NDD)

■ CFD Trading: -Yes-

■ Platforms: FXTM offer desktop and web platforms based on MetaTrader4 (MT4) and a MetaTrader-5 (MT5)

■ Trading Time Zone: GMT+2

■ Demo Account: FXTM is providing a Demo Account –Yes-

■ Minimum Spread EUR/USD:

• 1.6 pip (Standard account, no commissions)
• 0.1 pip (ECN account, $2/lot commissions)

■ Leverage: Flexible. Leverage is offered by FXTM, based on your country of residence and knowledge & experience.

For Europeans, the leverage can be up to 30:1 when trading Forex majors, 20:1 when trading other asset classes, and 5:1 when trading shares

■ Scalping/Hedging: are both allowed at FXTM –Yes-

■ Bonus: FXTM offers bonuses only under Exinity Limited (Not for European traders, due to regulation)

■ Minimum Account: $10 (Cent Account) | $100 (Standard Account) | $500 (ECN Account) 

---

💱 ASSET INDEX

ForexTime offer a wide asset index including Forex and CFD products..

□ FXTM offers over 50 popular Forex Currencies

□ CFDs on Indices (over 10 stock indices)

□ Share CFDs

□ Spot Metals (Gold and Silver against USD and EUR)

□ Gold Bullion

□ CFDs on Commodities (Brent, Crude Oil, and Natural Gas) 

 

TRADING PLATFORMS & MOBILE 

■ FXTM is offering MT4 and MT5 (Desktop and Web versions)

■ Scalping, Hedging, and Automated Trading are all allowed by  FXTM.

■ A demo account is available at FXTM

■ FXTM offers Metatrader4 and MetaTrader5 mobile versions for Android and iOS (optimized for iPhone and iPad)

■ Over 250 financial assets can be traded via mobile, plus 30 technical indicators, 24 analytical objects, and Market Depth

■ Trading server: GMT+2

 

NEW ACCOUNT INFORMATION

■ The minimum initial deposit required for opening an account on FXTM is 10 USD

■ Account Currencies: EUR, USD, GBP

■ Inactive accounts for a period of 6 months are charged an inactivity fee of 5 EUR/ USD/ GBP

TRADING ACCOUNT TYPES

Overall, there are six account types (Cent, Standard, Shares, ECN, ECN zero, and ECN Pro)

Here are the major Account Types when trading with FXTM:

 

FXTM.COM (FOREXTIME) CORPORATE INFO

  

⚖️ FXTM REVIEW PROS & CONS (According to competition)

FXTM REVIEW CONCLUSIONS
FXTM PROS	FXTM CONS
√ A wide range of trading accounts, including ECN and ECN Pro Trading accounts √ Regulated brokerage services (CySEC, FCA UK, FSC) √ A wide selection of Forex Currencies and CFD products √ Multiple funding methods are available √ FXTM Loyalty Program (Available only to traders categorized as Professional Clients)	X Complex corporate structure (though regulated) X Tight spreads only on the ECN Pro Account X Not all trading assets are available for every account type X A fee ($5) for inactive accounts (every 6 months)

 

 

🏁 FXTM Review Conclusions

Launched in 2011, ForexTime (FXTM) is headquartered in Cyprus (EU) and is authorized and regulated in multiple jurisdictions. ForexTime Limited is regulated by CySEC (License 185/12), ForexTime UK by the FCA UK (License 777911), and Exinity Limited by the FSC (License C113012295).

FXTM offers six account types: three standard accounts (Standard, Cent, and Shares) and three ECN accounts (ECN, ECN-Zero, and ECN-Pro). The ECN-Pro account offers the best trading conditions but requires a high minimum deposit of $25,000. The general minimum deposit is $10 for the Cent account, while an ECN account starts at $500. Account currencies include EUR, GBP, or USD. FXTM supports various funding methods, including cards (Visa, Maestro, MasterCard), Western Union, wire transfers, Skrill, and others, depending on the FXTM entity and the client’s country of residence. Inactive accounts (over six months) incur a small fee.

The FXTM asset index includes 59 Forex pairs, over 10 stock indices, shares, spot metals (Gold and Silver against USD and EUR), and energies (Brent, Crude Oil, and Natural Gas). Trading all assets requires a standard account. Trading leverage is flexible, based on your country of residence, knowledge, and experience. FXTM offers MT4 and MT5 for desktop and web, as well as MT4 and MT5 mobile apps for Android and iOS (optimized for iPad). Automated trading, scalping, and hedging are all allowed. The broker provides relatively fair trading conditions, with EURUSD spreads starting from 1.6 pips for standard accounts, and lower spreads available through ECN-Pro accounts.

FXTM also offers a loyalty program to reduce trading costs, available only to Professional Clients under specific terms and conditions. The program has five levels, allowing traders to advance and achieve greater savings based on their account balance. Overall,

• FXTM is a safe and fair choice for beginners and semi-advanced Forex traders.

🔗 The FXTM Website

 

 

■ FXTM Review

TradingCenter