This FXTM review was conducted by the team of Forextrading.biz for those who want to know about how to open a trading account with FXTM broker. The FXTM or Forex Time, established... more" />

FXTM Review

This FXTM review was conducted by the team of Forextrading.biz for those who want to know about how to open a trading account with FXTM broker. The FXTM or Forex Time, established in 2012, is still considered a novice to the online currency trading scene. Though, within a span of 2 short years, this broker has accomplished to carve out a name for itself by wining numerous industry awards such as Fastest Growing Forex Broker and Best Newcomer 2013. FXTM.com is head office in Cyprus and is regulated by IFSC of Belize along with FSB.

FXTM MT4 download

Traders can trade on FXTM on numerous platforms comprising MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It’s also probable to download the latest MetaTrader on your smartphone or tablet so you can trade anywhere, anytime you want using the brokerage. ForexTime also provides ECN MT4 and ECN MT5 accounts for expert traders who want to have the tightest spreads and commissions whereas share and forex trading.

Accounts

There are 3 main Forex trading accounts to select from at FXTM broker. There is no maximum or minimum deposit on any of them and not any commission is charged. The Fixed spread and Standard accounts can be used for USD/EUR with a moving leverage of 1:500 and 1:1000 respectively. The Cent account trades USCent / EUCent provides a fixed leverage beginning at 1:1000 and 1:25for Spot Metals. As well as these accounts, The broker provides 3 ECN accounts:  an XTM ECN MT5, an ECN Zero account and an ECN each one with different commissions or spreads.

FXTM demo account

The broker demo account is actually helped especially for novices to learn the ropes of forex trading. It’s probable to access the markets and try with different trading strategies under real market situations. And since it’s free, there’s completely nothing to lose by trying this feature. You can open a free demo account at “ForexSQFXTM review page.

Deposits and Withdrawals

FXTM.com has also installed a comprehensive series of options to make deposits and withdrawals a simple method. Debit and Credit cards, along with e-wallets and bank wires, are the signature methods, but the team – because of the global nature of the firm – has applied many other local payment methods exact for particular regions. More payment techniques are being added on a monthly basis, with 3rd one on last count. Customers are cautioned to keep lawfully required ID data on file to confirm a rapid response on any withdrawal request.

Spreads and Leverage

Tight spreads are the average whether on ECN or STP setups. With the broker Pro Account, spreads start at the tightest probable 0 pips. Leverage can go up to as high as 1000:1. FXTM.com provides negative balance protection.

Customer Support

Customer service at the broker is via Chat, telephone to a UK number and Skype. The website can be viewed in Arabic, English, French, Chinese, Spanish, Indonesian, Malaysian and Polish.

Conclusion

You can get more information about the FXTM broker on “Topforexbrokers.com” FXTM review page. The broker website is a liking to read. The graphics are attractive and the text is large. The tabs are clearly marked and respond simply with a click. the broker seems to cover all the essential areas of a Forex broker in the easiest and simplest manner. For mobile trading you can download the broker Google Android application or itunes IOS app for Apple products.

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