FXTM, MARKETS

What is FXTM- FXTM floor review

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It will be a huge omission if FXTM is not on the list of the most reputable and quality forex brokers today. During 9 years of existence and development, FXTM has created a certain reputation and foothold in the market, gaining the trust of more than 2 million traders worldwide. Let’s review the FXTM floor

What is FXTM?

ForexTime or FXTM is a famous forex broker brand in the world, owned by ForexTime group, established in 2011. The founder and largest shareholder of FXTM are Mr. Andrey Dashin, an industry warrior. foreign exchange industry. He is also the founder of the online brokerage Alpari.

FXTM has a network of offices spanning Europe, the Middle East, Africa, Asia, and Latin America. Today, FXTM has attracted more than 2 million investors to open accounts in more than 150 countries and thousands of new accounts are opened every month.

Certificates and Licenses

FXTM Group has a total of 4 subsidiaries operating in different regions of the world
  1. ForexTime Limited, licensed by CySEC – Cyprus Securities and Exchange Commission, license number CIF 185/12, license number FSCA – South African Financial Industry Regulatory Authority, license number FSP 46614. Besides, this company is also licensed by FCA – UK Financial Services Authority, license number 600475.
  2. ForexTime UK Limited, authorized and regulated by the FCA, license number 777911.
  3. Exinity Limited, operates under the regulations of the Financial Services Commission of the Republic of Mauritius.
  4. FT Global Services Ltd, registered in Cyprus, is the company responsible for FXTM’s payment services.
FXTM UK ltd
FXTM-UK-ltd

Trading products at FXTM

ForexTime offers investors a product portfolio that includes more than 250 instruments in 6 different groups

Forex: 63 currency pairs, including majors, crosses, and exotics.
Metals: gold and silver. Gold is quoted in 3 currencies: USD, EUR, and GBP. Silver is quoted in USD and EUR.
Indices: 15 stock indexes of major markets such as the US, UK, Australia, Japan, Hong Kong, France, and Germany… Some well-known indexes such as AUS200, GDAXIm (Germany 30 Mini), HSI50, JAP225, SP500m, UK100, WSt30m (Wall Street 30 Mini)…
Stocks: 125 stocks listed on the US stock market and 50 stocks of companies listed on stock exchanges in European countries. At FXTM, shares are directly invested or traded using Contracts for Difference CFDs.
Commodities: investors can trade natural gas and 2 popular crude oils: WTI oil and Brent oil.
Cryptocurrencies: offers 4 cryptocurrencies with market capitalization value leading today: Bitcoin, Ethereum, Litecoin, and Ripple.

Types of trading accounts at FXTM

Group Standard account

Includes account types: Standard, Cent, and Stock CFDs
This group of accounts is suitable for new traders, with small capital, who want to experience trading conditions at the exchange, a minimum deposit of only 10 $ or 100 $ and no commission. In particular, the Cent account is very suitable for those of you who want to trade on the real market with very low amounts, from only 10$, which is a great alternative to a Demo account.

ECN account group

Includes account types: ECN, ECN Zero, and FXTM Pro. ECN account group is more suitable for experienced traders, with large capital (deposit from $ 200).
The ECN account with spreads as low as 0.1 pips and commissions of $4/lot/round turns is the preferred account type for the majority of professional traders, dealing with high volumes.

FXTM Invest Investment Account

An account type that allows you to copy the trades of Strategy Managers, who are professional and successful traders in the forex market. At FXTM, you can choose the Strategy Managers that are best for you from the list of more than 5000 offered at the exchange. The minimum deposit for this account type is $100.

Lever

FXTM is among the top forex brokers with the highest leverage available today, with a maximum ratio of up to 1:2000. However, this rate does not apply to all account types and types of trading products.
Policy on maximum leverage for each type of trading account:
Standard, ECN, and ECN Zero accounts have the highest leverage ratio of 1:2000
Cent account is 1:1000
FXTM Pro account is 1:200
Stock CFD account is 1:10
FXTM is indeed a very interesting broker. FXTM’s trading conditions are very good, and worthy of being at the top of the best and most reputable forex brokers today. Join the FXTM floor here.