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FXTM (ForexTime)
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FXTM (ForexTime)

Company ForexTime Ltd
Website
Broker type ECN
Minimum deposit 10 EUR/USD/GBP
Regulations CySEC, FCA, FSCA
Discount -
Add review View reviews (1) Ask a questionView forum (1)

Average rating

View ratings
3.5
Total average

3.5/10
Credibility ( 3 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 1 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 5 )
Level of spreads and commissions. Product Range.
Platform ( 5 )
Ease of use, fast execution, reliability.

Description

Warning! The broker ended servicing individual clients in Europe on February 26, 2021. Currently, registration is only available to professional and institutional clients.

Founded by Andrey Dashin in December 2012, ForexTime is considered a newcomer to the online Forex trading scene. Nevertheless, within a span of three years, this broker has managed to earn several awards such as “Best Newcomer 2013” and “Fastest Growing Forex Broker”. The key reason for the success of FXTM is the commitment of the company in delivering first-class service to their clients. It is certainly encouraging that the minimum deposit is only USD 10, and we can trade with a leverage of up to 1:1000.

FXTM also offers social trading (copy-trading) on account FXTM Invest. For more experienced traders there is an FXTM Pro account with a minimum deposit of USD / EUR / GBP 25,000, where the spreads are starting at 0 pips and there are no additional commission fees.

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Specifications

Company ForexTime Ltd
Website
Broker type ECN
Leverage 1:1000 (1:30 for retail EU clients)
Minimum deposit 10 EUR/USD/GBP
Negative balance protection Yes
Regulations CySEC, FCA, FSCA
Trading platforms MetaTrader 4, MetaTrader 5, FXTM Web Trader
Payments Credit/Debit Cards, Skrill, Neteller, Wester Union, Payza, WebMoney, przelewy bankowe
EUR/USD Spread from 0.1
Min lot 0.01
Country Cyprus
Established in 2013
Number of instruments 100+
Discount -

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FXTM (ForexTime) - No news & warnings

FXTM (ForexTime) - Reviews (1)

3.5
Partial ratings
Credibility:3
Customer Service:1
Platform:5
Offer:5

I have some sad situtation with them cause they closed my account. I still dont know why!
Plusses No plusses
Minors No minors
Posted on

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No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

Forum FXTM (ForexTime) - questions and answers

  1. Great Vest
    Avatar

    FXTM so far, been so good i have enjoyed the platform as a strategy manager

    Posted on 29 December 2019
    Reply

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