![]() FXTM
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Website | Rating | Popularity | Min Deposit | Regulator | EUR/USD spread | ||||||||||||||
FXTM |
12%
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$5
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CySEC, FSB, IFSC
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0.1
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Rate FXTM
Its Forex Time! And time is money, you’ve got to invest it wisely. This is what FXTM brokerage tells on its homepage. However, it is really a wise move to invest your money with this company? Let’s conduct a detailed background check on this broker to see if this is the company that is worth your time.
The true history of FXTM
When we are searching Web Archive for the www.forextime.com domain, we see that it has been established in the year 2011 and in 2012 the broker has been licensed by the Cyprus Securities and Exchange Commission. What is special about this year? Well, nearly the same time Alpari (a Russian-based brokerage) has closed its CySEC-regulated entity. This is not a coincidence, the truth is that Alpari and FXTM belongs to the same person – Andrey Dashin.
We are going to leave it up to you to decide whether it is good or bad. Just be aware of this fact.
Considering the fact that Alpari is a leading Russian brokerage, FXTM has borrowed quite many useful items from its older brother. Let’s examine the basics and the most useful features.
FXTM website
When you visit www.forextime.com, you feel that the brokerage is legitimate. Unlike many newcomers and scams, FXTM hosts tons of useful pages, various promotions, a huge educational library, and daily analyses.
It also very good looking and easy to navigate. It does seem that the company has invested quite a lot in it, and this makes us feel that the brokerage will not simply disappear with the client deposits.
FXTM branding and sponsorships
We all known that Cyprus in the World’s capital of the retail FX sector, and this is the country where FXTM is headquartered. If you have ever been to Limassol, you are very likely to recognize the company due to its promotion of the local bike sharing service – nextbike.
In addition to this, they employs so many people that it actually had to establish its own building – the FXTM tower, located at Lamprou Konstantara 35, Kato Polemidia, Cyprus.
This gives us an additional trust at the brokerage – in case something goes wrong, you at least know which door to knock. Sadly, this is a rarity in the FX sector, but it is certainly an advantage of FXTM.
One of the thing that this broker has borrowed from its bigger brother (Alpari) is the sponsorship. Currently, FXTM sponsors a few racing teams and a tennis champion Dominika Cibulková.
FXTM Trading Accounts
Well, all of the sponsorships and connections to bigger brokers certainly sound good, but this is not what the brokerage is all about. Let’s dive in deeper in their actual offer.
FXTM gives you access to an impressive number of trading accounts, and they vary between Standard (Instant Execution) and the ECN Accounts (Obviously, ECN Execution).
While the accounts do not differ substantially from one another, each of them comes with a unique feature (e.g. MT5 platform), and this way a trader can choose the best-fitting option.
The spreads and commissions are actually quite attractive and put them in the list of the brokers with the most favorable conditions.
FXTM Promotions
Historically, FXTM has been running quite many trading contests, but it does not seem that there are any available at this point in time. We are not sure whether it is a company decision or a result of a new CySEC policy. However, you may still participate in the their loyalty program – a tool that lets you benefit from the spread rebates, and the more you trade, the larger the rebate is.
FXTM Review Conclusion
The brokerage has been around for over 6 years and so far it has unstained reputation. Besides that, it provides a great user experience, tons of useful materials, and a loyalty program. Finally, it offers some amazing trading conditions and a wide choice of trading accounts.
Good
very good
I don’t know
E
Good
Good
Great
This broker is very good and very useful for the first timers
Just okay
Great
Good
Good
Okay
Berry good platform
Very good platform
Good broker
beatiful
Good
FXTM is good deposit and withdrawal instant
Good broker
Signals to be given as early as possible
good
Good
Look man with them I’m making money without experiencing match fixing in the markets and many more other benefits that makes trading with them safe and convenient.
Best customer service in the game
Good
Good broker
Great service so far
Fxtm is great
All good
A good broker
Preferred.
FXTM is the best and FX signals are playng a vital role to traders thanx guys
Quite great with great customer charter
Reliable
Reliable easy to use
good
been good to me,that’s all I can say
Great service
Cool
Very high spreads and no bonus
Reliable. User friendly
good
A very good broker
Reliable, user friendly.
Good
Great
Nice broker
Very good
Good broker
Awesomely addictive
Good
Best Broker for SA
Good
GOOD
Best broker ever
Good broker
These guys are very good. Process withdrawals instantly all the time for 2years now and running.
The best broker ever with comprehensive information
Great guys. Process withdrawals easilyand very fast
awesome
Good broker
Pay back my money
Best
Ok
nice
Great customer support
Nice broker
The best brokerever
Fxtm is great
good
Good
Am having a great trading experience.Small accounts offered for beginners like myself.
Great
Best brokers
Good enough
Good
Best
Nice
We love it
Their services are not bad
Great fxtm
Great
Great
Good
I am still studying them
nice broker
Just opened account with them. Still studying them
Mini deposit is Wii dollar leverage 1:too
It recommended ablebcos is cool for trading
I think this broker on of the best brokers I have been working with
Its very good
I like fxtm
Services Good
Good at there job and ready to make FOREX trade fun
Cent account is good. Spreads are fine
Min doposite 500$.
This broker gives the best to new clients and also to the pro in forex market, they provide comfort for easy profit making
1000 usd,
Good broker
The minimal deposit for fxtm is rationally okey as well as their special scent accounts for beginners.The spread and platform is ok and encouraging.withdrawal is pretty easy and cool with the help of the customers service which are there always for you.
I think I would recommend fxtm because of there easy going and better platform especially for new beginners
Great review!
100us
Best broker for me
Platform honesty, quick deposit and withdrawal system, prompt customer care attention, flexibility in platform currencies trade, acceptability and sweetability of my local currency in trading, etc.
I like this broker and the platform.
Great broker
Fast withdrawal time, low spread and better connectivity and good trading signal
Nice
Good
Nice and I love it
10
500
Min deposite : 3000 usd
nice
They are a good company
1 usd.
Highly recommended and trusted
500 diposit new trader
Good broker
The spread is good, cost are less, easy to access personal are etc
Their services are okey
100$
peeps are perfect, the spread is good.
I listened admire about this broker from a friend I have no my own experience with him
I like the broker
I didn’t met a bad service from this broker. Everything work well
Very good
I have traded with them, without any deposit or withdrawal issue, minimum deposit is 100usd minimum withdrawal is less than 100usd
Good
I like this broker
Customer care is very good
No local bank for deposit and widhdraw
$50
A little poor customer Support, issues with quick response time. But they are very trust worthy
nice
deposit 200 usd
Impressive spreads
I have little information about it.
Very good broker
Quick response to problems
Recommended
Spreads are good
5£
Spreads are pretty high. Server’s are fast and customer support is good.
$5
Quick registration and quick withdrawals 🙂
Am still doing demo trading
1pip
Good
Min depost 10$
All is good
Minimum deposit of $5
The minimum deposit is $100 and so far I love this broker. No hassles at all.
there pretty reliable
Simply the beat all round
More benefits
FXTM is the best broker because they have good customer care service , they attend to any issue or complaints very fast, their minimum deposit is affordable and highly low spread
I like it
The assistance of the broker is amazing
$100 min deposit
100
good
As a neebtrder they also get educational methods on trading
Good
Spread is good quite high for minor currencies, 20000 naira minimum deposit
Good app
I wanna deposit $10. I don’t know much I’m trying to learn
good withdrawal
its great
Good broker and repairable
Nice
More accurate signals. I love it
I like my broker,reliable and good with low minimum deposits for new beginners
Satisfactory
Trusted Broker
Spread good min amount good I haven’t withdrawn from my broker but I will recommend it to anyone
Minimum deposit $5 on the cent account And $100 on all other accounts. The speads are average at 2 pips on majors. Lots of funding options including bitcoin are accepted.
I feel so blessed for this broker
Support
Good Broker
Minimum is average OK, it’s 100usd. Spread is way to high and withdrawal attracts charges as well.
Fxtm is the best
All ok good service instant withdrawal
Fast service
Withdrawal is good.
Just started so i cant say much
50$
Good
Nice
The minimum deposit is $100 for the standard account and the spreads are great. I rate it the best broker. And I’ve never experienced and problems with them.
5 usd only has higher spreed
I think is broker is recommended
K chose this broker cause the offer great support services for first time tradets
min $5
Very happy so far
Best broker ever
Quick execution and quick withdrawal process
Fxtm is up to standard
You the best
Haven’t traded yet
I really love the fact taht they give a damn about the service they give to iranies thats it
Withdrawal is instantly. You can open account with minimum of $10 .
Is the best for me because most people recommend it.
The minimum starts from $5 deposit which is affordable and it’s legit
It’s a supportive broker
Really good site. quick withdrawals and deposits