This ForexTime review was conducted by the team of Forextrading.biz for those who want to know about the ForexTime.com broker. The ForexTime Company know as FXTM is located in Limassol, Cyprus.... more" />

ForexTime Review

This ForexTime review was conducted by the team of Forextrading.biz for those who want to know about the ForexTime.com broker. The ForexTime Company know as FXTM is located in Limassol, Cyprus. And is regulated by CySEC registered with the UK FCA with reference number 600475 and license number 185/12.

ForexTime Review By Forextrading.Biz

Special Offers and Bonuses

The subsequent special promos and offers are available on ForexTime:

  1. A) Commissions on trades prepared with Foretimes improved STP platforms have been condensed to $2 per standard lot.  This promo continues till the end of 2014 September.
  1. B) Weekend rollover charges are no lengthier charged to brokers.
  1. C) There is also a cashback bonus which wages back $2 per traded lot to the trader, for a complete of 200 percent of the account deposit. This promo lasts till the end of 2014 September.

The broker also has a number of trading competitions where traders can trade on real accounts to win prizes. Numerous contests have been concluded, but the only active one at the instant is a forex demo trading contest well-known as the Forex Trading Cup. This is for a chance to gain $3,000 which would be waged to a live trading account.

From time to time other trading contests come up. For latest information about special offers and bonus you can visit “ForexSQ” ForexTime review page.

Types of Trading Accounts

ForexTime Accounts are categorized into ECN accounts and Standard accounts.

Standard Accounts

The subsequent standard account types are presented on ForexTimes:

  1. a) FXTM Standard Account: This is the leading account type which usages the MT4 platform for trading and provides a market maker implementation model for trades, with a minimum deposit of 1 dollar and the lowest lot size of 0.01 lots. The leverage glides from between 1:25 to 1:1000. Hedging stratagems and the usage of EAs are permissible with this type of account.
  1. b) FXTM Cent Account: The single difference amid the MT4 Standard account and this account is that the trading amounts are in cents and not in dollars.
  1. c) FXTM Fixed Spread Account: This is an MT4 type of account which usages an STP execution model. The lowest deposit is 200 dollars, with minimum lot size fixed at 0.01 lots and the minimum leverage is 1:25, whereas maximum leverage fixed at 1:500. The trades attract a charge of $2 per standard lot traded.

FXTM ECN Accounts

The subsequent ECN accounts are presented on ForexTime.com

– FXTM Amanah Zero ECN Account: This is the type of account with trading features which are well-matched with Islamic injunctions on asset. The lowest deposit is set at 200 dollars, with maximum leverage of 1:500 and a minimum lot size of 0.01 lots. The commission waged on this account type is a profit sharing charge which ranges from 2 percent to 7 percent.

– FXTM ECN: Charge here is from 4 to 20 dollars per 10 standard lots traded. Leverage glides from 1:25 to 1:500.

– FXTM ECN MT5: Similar as above, but operated on the MT5 platform. Charge or commission is fixed at $2 per standard lot traded.

– FXTM ECN ZERO: This is account is a zero commission ECN account with a leverage which glides from 1:25 to 1:500.

On all types of account, traders can moreover open swap-free versions. Traders can as well participate in the PAMM account program, and all account types usage the platform of MT4.

Features of Trading Platform

At ForexTime, it’s an MT4 and MT5 for brokers:

  1. a) ForexTime MT4: This is the standard MT5 and MT4 platforms for the PC. This is for PCs which run on Windows software.
  1. b) ForexTime MT4 and MT5 for iPad/iPhone:  These are the MT4 and MT5 platforms for iPhones and iPads.
  1. c) ForexTime MT4 and MT5 for Android:  These are the MT5 and MT4 platforms for Android tablets and phones. The platform for the phone is a little different from that for the tablets.
  1. d) ForexTime MT4/MT5 for Mac: For Mac users this is the MT4 platform.

Charting Packages

The charting packages are inherent to the MT4 trading platforms in usage on Forex Time. Traders also have admittance to a Forex VPS hosting service.

ForexTime Demo Account

Traders can get admittance to a $100,000 free and limitless demo account. Maximum of the educational content on ForexTime.com is limited to short seminars on the website. Though, there is a Trading Center portal as well as Forex Circles. These provide the technical and fundamental analysis on the website of Forex Time. For free ForexTime demo account you can visit “TopForexBrokers.com” ForexTime review page.

Customer Service

Here is how to reach the ForexTime customer service desk, 24/7:

  • Physical Address: Kanika International Business Centre 4 Profiti Ilias, 4046, Limassol, Germasogia, Cyprus.

There is as well a live chat service presented in numerous languages for traders to get immediate solutions to their problems

Deposit and Withdrawals

Deposits and withdrawals are presented using the subsequent methods:

– Electronic Payments: Skrill, Neteller, Payza, FasaPay, OKPAY

– Credit cards: Maestro, VISA, China UnionPay and MasterCard.

– Bank wires, through the following banks: Rietumu Banka, Barclays Bank, PPF Banka, and Promsvyazbank bank

– Western Union Quick Pay

– Local Bank Transfers to the Forex Time administrative centre in Indonesia and Nigeria only, for traders from those nations.

ForexTime Review Conclusion

The pleasure with ForexTime happens to be the PAMM account, which has been extensively hailed as one of the greatest structured managed accounts services in the Forex business. The PAMM account service permits Strategy Providers and Depositors to benefit in a symbiotic method from this network. If you like this ForexTime review conducted by www.Forextrading.biz then share it on social media networks please.

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