FXTM Get more freedom in the markets with MetaTrader

Trailing Stop is placed on an open position, at a specified distance from the current price of the financial instrument in question. Uncover more information about stock markets by learning how to see bullish candlestick patterns, and put them to work within your technical analysis. We’re proud to offer great pricing and we’re honest about the fees we charge. Have a read through the below and let us know if anything isn’t clear. Get ready to start exploring even more markets, with an entire technical toolkit at your fingertips. Please send us an email at and we will get back to you as soon as possible.

ForexTime FXTM: The competition

XM offers the best customer support with 24/5 customer service, excellent educational resources, and research tools. Beginner to advanced XM customers can increase their knowledge of financial markets via webinars, Q&As and courses, as well as using a range of tools to conduct market analysis. FXTM’s ECN account ensures the best possible pricing for clients, which is derived directly from a pool of top-tier liquidity providers. The ECN account can be opened with a minimum deposit of $500 and grants access to 48 currency pairs, 3 Spot Metals and 14 Spot CFDs traded on ForexTime’s MetaTrader 4 platform.

Customer Support

Additionally, FXTM offers iOS and Android mobile apps for MetaTrader 5, along with the FXTM Trader mobile app. The latter represents FXTM’s proprietary software that features state-of-the-art charting tools, one-click trading and trading across multiple devices. Whatever kind of trader you are, you can be confident that FXTM is a safe way to make foreign exchange trades. That’s because ForexTime FXT is registered in countries with strict deposit protection schemes and has built up a solid reputation since opening for business in 2011. As you’ll find out in the following ForexTime FXTM review, this app stands out for its quick trades and withdrawals, which are facilitated by the MetaTrader platform.

  1. FXCM tops FXTM as it offers a selection of 6 trading platforms compared to 3 platforms found at FXTM.
  2. As the name suggests, your account balance is always displayed in cents.
  3. If you’re a new trader who’s looking to learn how to trade, FXTM is worth a look.

Trading platforms

We’re regulated in multiple jurisdictions and offer full segregation of funds for retail clients. Wherever you are in the world, we hold your funds with top tier banks, fully segregated from assets of the firm. There are local options, debit and credit card choices, e-wallet offerings and bank wire transfer. Deposit processing times are almost instant when it comes to the e-wallets and it can take 3-5 working days to process when you deposit via a bank transfer. This means that they have a massive customer support team that is ready to answer your questions, in whatever language you ask them in.

Both FXCM and FXTM offer MetaTrader 4 as one of their trading platforms. FXCM’s MT4 platform is known for its advanced features and user-friendly interface. On the other hand, FXTM’s MT4 platform is praised for its speed and reliability. For traders looking for the best MT4 experience, this list of top MT4 brokers might be helpful. Overall, FXCM delivers the ultimate trading package with an impressive selection of proprietary trading platforms and third-party platforms.

Alongside FXTM’s top 5 strengths we’ve reviewed above, we’re going to finish this FXTM review with some final points about the broker and then frequently asked questions (FAQs). The range of CFDs that you’re able to trade with FXTM is outlined below. Types of fxtm forex broker review pending orders requesting a broker to buy or to sell a financial security under pre-defined conditions in the future. Whether you’re an Android or an iOS fan, you can keep on top of every trade by downloading the MT4 and MT5 apps straight onto your phone.

Used primarily for testing purposes under live conditions, they have an amazingly low minimum deposit level. As the name suggests, your account balance is always displayed in cents. 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. The biggest reason to choose MT4 is to gain access to the endless library of custom indicators and expert advisors that have been developed specifically for the platform.

Whether you have a PC, Mac, mobile, tablet, then FXTM has an MT4 option for you. The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5. If you want to stick to MT4 and the massive back-library of custom indicators and EAs that have been developed for it, then you won’t have to worry about being forced to change by FXTM.

Strict regulation in multiple jurisdictions can help to give clients peace of mind that they are using a trusted and transparent broker. Whether you’re a trading beginner, a market expert or a long-term investor interested in stocks – you’ll find the trading account that’s right for you. In terms of their education resources, there are regular webinars and many https://forexhero.info/ tutorials available for all levels of traders to benefit from. There are also regular seminars and workshops conducted across the world. They offer local support in many of the key countries in which their traders are located within. They cater for 18 languages and it is easy to get in touch with a team member that can help to quickly resolve your issues.

Both XM and FXTM offer Swap-Free Accounts for traders following Islamic finance practices. As Islamic traders can not pay or receive interest, swap-free accounts do not charge interest-based overnight financing fees (aka swap fees). XM and FXTM both offer the choice of either MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The trading platforms are two of the most popular worldwide due to their algorithmic trading capabilities using Expert Advisors. Overall, both forex brokers are well prepared to serve and assist clients with their needs via a professional customer support service.

Available on PC, Mac, mobile and tablet, so that you can trade wherever you are. If you’ve chosen your preferred platform, log in or register to download it right now – it should only take you a few minutes. Feeling a little unsure about which version is right for you and your trading? Contact our friendly Customer Support Team who will be more than happy to help.

The fees will depend on the base account currency and the location of the target bank account. Meanwhile, FXCM offers its clients two comprehensive trading guides – Forex Trading for Beginners and Best Practices of Successful Traders. As far as negative balance protection (NBP) policies are concerned, FXCM states that it “will waive the first US $50,000 of a client’s total negative balance ….. Three of these are Standard Accounts and three are Electronic Communications Network (ECN) Accounts. Rather than using real cash, you can start practicing trades with a risk-free virtual account.