ForexTime FXTM review: Could this be the best forex trading tool?

We’re regulated in multiple jurisdictions and offer full segregation of funds for retail clients. Wherever you are in the world, we hold your funds with top tier banks, fully segregated from assets of the firm. With the right licensing and regulation, those who chose to trade with us would be able do so with full peace of mind.

All clients can also deposit via cryptocurrencies, Dusupay, Alfa-Click, Dixipay, WebMoney, Yandex.Money, QIWI, Perfectmoney, Bitcoin via Skrill, Bitcoin, or Konnexone. In the case of certain accounts, there are floating commissions. For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities. There is no commission on Standard Accounts, Cent Accounts, Shares Accounts, ECN Zero Accounts, or FXTM Pro Accounts. You can view specific information for forex, spot metals, CFD US shares, spot commodities, stock trading, spot indices.

  1. When trading with ForexTime on MT4, you can also take advantage of various trading indicators.
  2. Thus, emphasizing the protection and security of clients and their investments plus client fund safety.
  3. You can get assistance from agents 24 hours a day over the phone, via live chat, or through third-party platforms like WhatsApp and Telegram.
  4. These take place around the world, with each telling you the language, location, and topic of the seminar or workshop.

Users who are able to meet the deposit minimums required to open an ECN account will receive highly competitive rates and avoid any limits on order volume. A major advantage of using this trader is that FXTM is regulated by authorities in the UK and Cyprus, both of which have deposit protection insurance. As a consequence, if you are trading from within the EU or UK through FXTM, you could be eligible for £85,000 or €20,000 in cases of brokerage insolvency.

Discover better trading today

They will also get automated trading via Expert Advisors, and support for multiple currencies and languages. The algorithmic trading is automated trading, which provides a great deal of convenience for traders who are busy. Below this are general statistics, including total trades, profitable (and unprofitable) trades by percent, average trade length, consecutive wins. Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits. FXTM Invest lets people who are starting out trading copy the trades of those who have a proven record of success. This also works for those who simply do not have the time to make complicated trading strategies.

What is a MetaTrader 4 demo account?

Those who prefer to trade on the go will also appreciate the support for applications for tablets and mobile devices. FXTM Pro Accounts allow for trade volumes of 0.01 to 250 lots, with 300 pending orders and unlimited orders. With a Standard Account from ForexTime, there is a minimum volume of 0.01 lots per trade. It supports standard, mini, and micro lots and a maximum of 30 lots per trade. There is also a section where the Strategy Manager tells you about the Strategy and any other additional relevant information.

ForexTime Loyalty Program

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. Overall, FT Global Limited always follows regulations strictly. Thus, emphasizing the protection and security of clients and their investments plus client fund safety. As mentioned before, more than 90 percent of the feedback from clients regarding ForexTime is positive.

As one of the successful brands running within Exinity Group, we’re specialists in giving you the potential to make financial returns on a range of financial markets. Whether you’re an experienced trader or completely new to it, we’re here to help you reach your goals. If Warren Buffet could trade it, you should be able to trade it. And since you can’t profit from what you don’t know, we offer access to a world class, money-can’t-buy education for free. The xcritical website platform remains one of the best forex trading apps available today.

There is also a specific market analysis related to xcriticalit via a xcriticalit Countdown and guide. The slippage graph shows that most FXTM clients get to take advantage of positive slippage while enjoying reduced negative slippage. In 2018, positive slippage got as high as 85.82 percent in March. Negative slippage got as low as 14.18 percent in the same month. As mentioned, ForexTime works with WebTrader for MT4 and MT5. This lets you access the markets on a PC or Mac without the need to download any software.

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