ForexTime (FXTM) Review
Typical Spread on Majors
| EUR/USD | 2 |
| GBP/USD | 2,5 |
| USD/JPY | 2 |
- Company Info
| Headquarters | Limassol, Cyprus |
| Type of Broker | ECN/STP |
| Founded | 2011 |
| Regulated By | Regulated By CySEC (Cyprus) |
| Offices In | Cyprus, United Kingdom, Nigeria, |
| Supported Languages | English, Arabic, Czech, Spanish, French, Hindi, Indonesian, Polish, Turkish |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | USD, EUR, GBP, NGN |
| Minimum Deposit | $0 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $20 per Million traded (Decreases with deposit size and amount traded) |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | No |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, fasapay, Western Union, Payza, OkPay, China UnionPay |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, fasapay, Western Union, Payza, OkPay, China UnionPay |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Andoid, MetaTrader 4 iOS, MetaTrader 5, MetaTrader 5 iOS, MetaTrader 5 Android |
| NO of Pairs | 63 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | GMT + 2 |
| VPS Offered | Yes |
- Trading Details
| Dealing Desk | Yes |
| Maximum Leverage | 1000:1 |
| Minimum Contract Size | 0.01 |
| Execution | Instant Execution (Standard, Fixed Spread and Cent Accounts), Market Execution (ECN, ECN MT5, ECN Zero and ECN Amanah Accounts) |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of FIFO | Yes |
| Negative Balance Protection | No |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Futures | Yes |
| EFT's | Yes |
ForexTime (FXTM) Reviews
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