The commission is high. Please rest assured that FXTM is a regulated and trusted broker, and withdrawal delays can sometimes occur due to payment provider or verification processes.We’d like to review your case and ensure it’s resolved as quickly as possible. We understand your concern regarding your trade being closed when opening a position in the opposite direction.
- 75% of retail investor accounts lose money when trading CFDs with this provider.
- However, some traders have raised concerns over differences in protection levels among FXTM’s entities and occasional delays in withdrawals.
- As such, the broker not only has a lower inactivity fee than most competitors, but FXTM also waits longer than most competitors to begin charging it.
- FXTM, a renowned player in the Forex market, offers a variety of spreads to cater to the diverse needs of traders.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. At FXStreet, we aim to provide our readers an honest and impartial look at certain brokers that you might be interested in trying. The availability of these instruments can vary by region, and there might be restrictions on trading certain assets due to local regulations. FXTM offers a diverse range of tradable instruments including 47 Forex pairs, 3 spot metal CFDs, 1 futures CFD for NAS100Z4, 13 commodity CFDs, 18 indices CFDs, over 600 stock CFDs (availability subject to regional variations), 17 cryptocurrency CFDs, 3 indicative CFDs.
Is FXTM A Regulated Broker?
Please note that these security checks are part of FXTM’s commitment to keeping your account and funds safe, though we know it can take time.We’re continuously improving our processes to make them faster and more efficient. We’re delighted to hear that you’re enjoying your experience with FXTM and that your Relationship Manager, Christine, has been so supportive and attentive. It’s a fantastic broker, the pay is very past, I’ve honestly not seen a broker pay you as fast as immediate withdrawal… I HIGHLY RECOMMEND We appreciate your thoughts on the app design and your experience with signals and spreads on XAUUSD during high-risk hours.
How Competitive Are FXTM Fees?
After creating an FXTM account, you enter the promo code in the designated field, and voila! FXTM Promo Code The FXTM promo code is a unique feature that unlocks exclusive bonuses for your trading adventures. They do offer fxtm broker review discounts, coupons, and promo codes, which can enhance your trading experience. Similarly, local phone support is not available in Malaysia. Only professional clients will be able to use FXTM’s services in this region. If you’re accustomed to using cTrader, you’ll need to adjust to a different platform with FXTM.
- FXTM provides access to industry-standard platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- FXTM delivers a strong educational platform, offering webinars, e‑books, articles, and tools like pip, profit, and margin calculators via its Knowledge Hub.
- Your system is not transparent, you offered a gift and made it known to me that there was no obligation, but once I activated the gift, you required me to make a deposit.
- Choose the one that best suits your trading needs and preferences.
- FXTM is great for beginners all the way to advance traders alike, they are well regulated and takes customer satisfaction seriously, the draw down I noticed is that fxtm has limited deposit and withdrawal channels
Simply trade all asset classes under a single account on the one trading platform. FXTM offers clients the opportunity to trade over 250 financial instruments, all from MT4/MT5. You can, however, trade all the major markets offered by FXTM directly from your charts in the MT5 platform and access several exclusive features that we go over below.
FXTM Trading Hours (GMT+
As you review FXTM platforms, you will find familiar options such as MetaTrader 4 and MetaTrader 5. If your account does not have this option available, then you will need to contact FXTM who will take care of your request promptly. Keep in mind that FXTM does not have a maximum deposit amount, but individual payment methods may have their own. Complete the questionnaire, detailing further personal information, trading aims, and trading knowledge. You should find it incredibly easy to open an account at FXTM as the process is fully digital which makes it straightforward and quick. All data transmission is encrypted to stop unauthorized access or data theft.
FXTM’s MT4 platform also allows traders to access the multi-terminal feature that is unavailable on MT5. The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5. Shares Account For traders looking to expand their trading portfolio, the FXTM Shares Account gives you access to over 180 individual share CFDs. FXTM use tiered commissions which mean commission costs will are lower if you hold more equity in your FXTM trading account and the more volume you trade. Sometimes referred to as ForexTime, FXTM offers clients low-cost trading, fast execution, and world-class forex education.
Live Accounts
If you review the FXTM broker’s overnight rates, you will notice that they are around average. Although FXTM does charge inactivity fees, at $5 these are lower than competitor rates and are not applicable until after six months of inactivity. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system.
Best Forex Brokers
There is everything available for good trading as the broker provides access to popular financial instruments, a selection of platforms with great free research including industry leaders and tools, also education is just great. Opening an account is free, but trading fees like spreads and commissions apply. FXTM offers traders the MT4/MT5 trading platforms and has developed its proprietary mobile app, FXTM Trader. Forextime offers excellent spreads in its commission-based account, making it one of the cheapest Forex brokers in the entire retail Forex industry worldwide. Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions. FXTM offers traders a commission-free and commission-based Forex account.
FXTM Broker Review 2025 –
The FXTM Advantage account, which requires a minimum deposit of $500, presents traders with one of the cheapest pricing environments. FXTM, a renowned forex trading platform, offers a variety of withdrawal methods to cater to the diverse needs of its global clientele. A demo account is also a must-have for more experienced traders to continue honing and improving your existing trading skills. This is the official platform where you can access all the services offered by FXTM, including opening a live trading account. It offers zero spreads, commission-free stock trading, and lightning-fast execution. With a minimum deposit of just $10, it allows traders to trade the biggest markets worldwide.
When setting up your CFD trading account, you will be able to choose from three base currency options being the EUR, USD or GBP. It receives approximately 49,500 Google searches per month, ranking it as the 31st most popular forex broker based on 2024 search data. The broker holds a mid-tier position in terms of global popularity among forex brokers.
FXTM stands out as a trusted global broker with over a decade of experience in FX and CFD trading. They offer a 30-day demo account for risk-free exploration of their platform and boast an impressive trust score of 92 out of 99. Please rest assured that FXTM is a regulated and legitimate broker, and we do not charge any hidden fees. To terminate and close the account I was asked to make another deposit so they can withdraw again $3 each for both deposit, withdrawal and account closure. Fees can vary depending on account type and trading conditions. Your trust means a lot to us, and we’re here to keep supporting your trading journey.Best regards,The FXTM Team
Its a habit among brokers when they go…
FXTM allows traders to expand their forex trading knowledge thanks to a plethora of educational content. Rated as the broker offering the best forex education opportunities for CFD trading, the learning material available to FXTM account holders is second to none. Professional traders still have access to crypto markets. The UK’s financial authority, the FCA, recently changed regulation banning retail traders from trading cryptocurrencies.
In conclusion, while FXTM provides a platform for financial trading, its services are not universally available. Trading Videos In addition to the Knowledge Hub, FXTM also offers a series of forex trading videos. It offers in-depth articles and guides on various topics related to forex trading. Is a comprehensive resource for traders to learn trading for free. This includes a free demo account where clients can practice trading with zero risk.
Additionally, FXTM is regulated by multiple international financial bodies, including the CySEC, FCA & FSC. Which allows beginners to practice trading without risking real money. Prospective clients should carefully review the eligibility criteria and terms of service before attempting to register. Lastly, there are specific requirements for each account type. The Operative Agreements govern all the trading activity of the Client with FXTM.
Opening an account with FXTM
Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with FXTM please share your personal review of the broker and what you think are strong and weak points.