FXTM (ForexTime) Review

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

FXTM GENERAL INFORMATION

■ Found: FXTM was found in 2011

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

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

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

■ Regulated: Forextime Limited is regulated by CySEC (No 185/12). Forextime UK Limited is regulated by 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 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 offer bonuses only under Exinity Limited (Not for European traders, due to regulation)

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

► Visit the FXTM Website

Read more: FXTM Review

JustForex Review

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■ Found: JustForex was found in 2012

■ Headquarters: JustForex is domiciled in Belize

■ US Residents: JustForex forbids US traders –NO-

■ Swap-Free Accounts: -YES-

■ Regulated: JustForex is regulated by IFSC (license no. IFSC/60/241/TS/17)

■ Client Bank Account Segregation: -YES-

■ Website Languages: English, Chinese, French, Spanish, Russian, Indonesian, Malay, and Urdu

■ Support Languages: English, Russian, Indonesian, and Malay

■ Customer Support: 24/7 via Phone, Callback, LiveChat, and email

JUSTFOREX SUMMARY

■ Broker Type: DD/NDD

■ Trading: Forex Currencies, Commodities, and Cryptocurrencies

■ Platforms: MT4, MT4 WebTrader, Mobile Apps for iOs and Android

■ Trading Time Zone: GMT+2

■ Demo Account: -YES-

■ Typical Spread on EUR/USD: 1.1 pip (standard account, no trade commissions)

■ Leverage: The Max trading leverage for standard accounts is 3,000:1, but for ECN accounts the max leverage is 500:1

■ Crypto Account Leverage: max leverage for trading crypto is 3:1

■ Scalping/Auto-Trading: Scalping and Automated trading are fully allowed

■ Minimum Account: $1 (Cent Account), $100 (Standard Account), and $500 (ECN Account)

■ Fund methods: Bank Wire, Credit/Debit Card, Neteller, Perfect Money, FasaPay, Qiwi, Bitcoin, Bitcoin Cash

► JustForex Website

Read more: JustForex Review

IC MARKETS Review

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■ Foundation: IC Markets was found in 2007

■ Headquarters: based in Sydney, Australia

■ US Residents: IC Markets forbid US traders -NO-

■ Regulated: ASIC Australia (license No. 335692)

■ Client Account Segregation: Australian Banks – Westpac and NAB {Professional Indemnity Insurance – Lloyds of London}

■ Web-Site Languages: English, Spanish, Chinese, French, German, Japanese, Italian

■ Customer Support: 24/5 via Phone, LiveChat, and eMail

IC MARKETS TRADING INFO SUMMARY

■ Broker Type: ECN

■ Trading: Forex, Metals, Energies, Stock Indices

■ Platforms: MetaTrader-4, MetaTrader-5, cTrader, cAlgo, FIX/API, PAMM platform, Myfxbook Autotrade

■ Trading Time Zone: GMT+3

■ Demo Account: -YES-

■ Min. Spread on EUR/USD: 0.1 pip (ECN PRO) plus trading commissions $7/full traded lot

■ Leverage: Leverage up to 30:1

■ Scalping: is fully allowed –YES- (Free VPS under a policy, check below)

■ Minimum Account: $200 for Metatrader Accounts and $1,000 for cTrader Accounts

► IC Markets Accounts

Read more: IC Markets Review