FXTM REVIEW

FXTM is a Forex Broker based in Cyprus offering MT4, MT5 and a wide Forex asset index containing 50 currency pairs.

 

FXTM REVIEW SUMMARY

  • Broker Type: ECN (GMT+2 server time)
  • US Traders: NO
  • FXTM Regulation: CySEC (Licence number 185/12), FCA UK (License number 777911), FSC Mauritius (License C113012295)
  • FXTM Platforms: MetaTrader-4, MetaTrader-5, and WebTrader (based on both MT4 and MT5)
  • Mobile Trading: iPhone, Android, and Windows Mobile
  • Automated Trading & Scalping: Yes
  • FXTM Assets: 50 Forex Pairs, Precious Metals, Gold Bullion, Energies, Indices and Shares
  • FXTM Minimum Account: $10
  • Fund Methods: Cards, Wire, Skrill, Neteller, Western Union, QIWI, and more funding methods (check below)
  • FXTM Welcome Bonus: NO

» FXTM Online Trading

FXTM RATING SCORE

This is the Rating Score of FXTM:

FXTM.COM RATING (USING FORMULA) (100%=max)
(1) Safety of Funds when Trading at FXTM 95.60 %
(2) Cost of Trading 55.40 %
(3) Trading-Options Available at FXTM 74.10 %
(4) Trading Technology 92.20 %
FXTM Total Rating 76.80 %

The full FXTM.com Rating Calculations: » FXTM Full Rating Score

 

FXTM FULL REVIEW

Introduction to FXTM

FXTM is an ECN/STP Forex broker established in Cyprus:

FXTM HeadquartersCyrpus

FXTM Regulation: CySEC (Licence number 185/12) and FCA UK (License number 777911), and FSC Mauritius (License C113012295)

FXTM Foundation: 2011

FXTM Account Segregation: YES {FXTM provides segregated accounts}

□ Compensation in case of insolvency: YES, via the ICF

 

FXTM ASSET INDEX & SPREADS

You may trade Forex, Equities, and Commodities

  • 50+ Forex currency pairs – Forex majors, Forex crosses, and exotics
  • Trading Precious Metals (Gold and Silver against USD and EUR)
  • Gold Bullion
  • Trading Energies (Brent, Crude Oil, and Natural Gas)
  • Stocks and Indices 

 

 

FXTM TRADING PLATFORMS & TECHNOLOGY

FXTM offers the MetaTrader platform in two versions:

FXTM Desktop Trading: MetaTrader-4, MetaTrader-5, and WebTraders for both trade platforms

FXTM Mobile Trading: iPhone and Android

Automated Trading: YES

Hedging/Scalping: YES

PAMM/MAM Accounts: NO

FIX/API: NO

□ FREE VPS: NO

 

Here is some more information about FXTM trading platforms:

  • 50 Technical analysis indicators and charting tools
  • Trades Forex Pairs, CFDs, and Futures
  • Market Depth
  • Functional EAs (Expert Advisors)
  • Economic Calendar
  • Strategy Tester
  • Embedded Chat Service (only MT5)

 

FXTM TRADING ACCOUNTS

Six (6) account types offered by FXTM.com:

  • Three (3) ECN account types
  • Shares account
  • You may trade either with micro or standard lots

FXTM Minimum Account: $10

All FXTM Fund Methods: Cards, Bank Wire, Skrill, Neteller, Western Union, Bitcoin, QIWI, Yandex

□ FXTM Inactivity Fees: YES ($5/month after 6 months of inactive accounts)

Customer Support Methods: Live Chat, Phone, Email

Web-Site Languages:

  • English, Spanish, Russian, Arabic, Chinese, Hindi, French, Korean, Italian, Czech, Indonesian, Malay, Persian, Thai, Urdu

» FXTM Accounts and Promotions

 

FXTM REVIEW -MAIN PROS & CONS

FXTM.COM REVIEW PROS √

FXTM.COM REVIEW CONS X

(√) Very wide Forex asset index plus other assets

(√) Automated Trading & Scalping are allowed

(√) Low slippage on order execution

(√) A wide selection of trade accounts, plus 3 ECN account types

(√) Low Minimum Deposit Requirements / Many Fund Methods

(√) Multilingual customer support covering tens of Asian Languages

(x) Lack of trade promotions (bonuses, free VPS, rebates, etc.)

(x) Inactivity Fees ($5/month after 6 months of inactive accounts)

 

 

FXTM REVIEW –FINAL THOUGHTS

FXTM is a Cyprus-based ECN Forex broker founded in 2011. FXTM is regulated by the CySEC and FCA UK and provides segregated client bank accounts and compensation in case of insolvency via the ICF.

There are many different account types including:

  • Cent
  • Standard
  • Shares Account
  • ECN Zero Spread
  • ECN Invest Account
  • ECN Pro Account

The maximum trading leverage is up to 30:1. The trading assets include 50+ Forex pairs, Gold, Silver, Oil, Stocks, and Indices. The minimum deposit is just $5 and you can fund your account via Credit/Debit Card, Wire, and almost all important Electronic Wallets (Skrill, Neteller, etc.). FXTM clients can withdraw money using the method of deposit. The trading spreads on standard and cent accounts are a little bit wide (1.8 pip on EURUSD) but you can open an ECN account and trade in considerably tighter spreads (starting as low as 0.1 pip plus trade commissions).

FXTM is a good choice for trading Forex and that includes all types of trading styles and all levels of trading experience (beginners, advanced, and professional traders).

» FXTM Online Trading Services

 

FXTM.com Review

ForexExperts.net

 

REVIEW BROKERS: » IC Markets Review | » FXTM Review | » FXCC Review | » FBS review | » Dukascopy Europe

Enter the Compare Zone

Compare Forex Brokers Based on the Algorithms of the Forex RatingFormula 5.0..

Compare Zone

Consisting four (4) Rating Factors {Safety, Competition, Options, Technology) -Maximum score is 100%

Currency Statistics

Enter the world of Forex statistics, you may be amazed by the power of seasonality when trading currencies.

Forex statistics

■ THE MAJOR PAIRS

 EURUSD |  GBPUSD |  USDJPY |  USDCHF

AUDUSD |  NZDUSD |  USDCAD

■ KEY FOREX CROSSES

EURGBP |  EURJPY |  EURCHF |  EURCAD

EURAUD |  EURNZD |  GBPJPY

Review Brokers

Review ECN/STP Online Forex Brokers..

Trade Systems

A trading system is a set of specific processes and rules that can help traders to optimize their trading process, or to develop automated trading strategies (EAs):

» EA Builder for MT4, MT5, and TradeStation

» Compare EA Systems

» Market Sentiment

» Forex PAMM Accounts

Strategy Quant for Automated Strategies

Forex Ratings

Forex Broker Ratings Powered by the Revolutionary RatingFormula 5.0Forex Broker Ratings Powered by the Revolutionary RatingFormula 5.0 (?)

» FXTM Rating

» JustForex Rating

» FXCC Rating

» IC Markets Rating

» FxOpen Rating

» FBS Rating

(+) All Forex Ratings

The RatingFormula series is a concept of George M. Protonotarios aiming to objectify the online corporate ratings. In the future, search engines and other applications will use similar rating algorithms to estimate the real value of online corporations for end users and list them respectively in their search results.

Forex Cash Bonuses

□ 100% JUSTFOREX BONUS (UP TO $20,000, WITHDRAWABLE)

JustForex offers 90 Forex pairs and 39 cryptocurrency pairs.

BONUS DETAILS:

-1- JUSTFOREX offer a 100% Welcome Bonus up to 20,000 USD
-2- The minimum deposit to claim the bonus promotion is $100
-3- Deposits made using any available payment method participate in the promotion
-4- You can withdraw the bonus and the profits of the bonus, after meeting volume requirements: < Lots > = < Bonus > / 4

□ START HERE:

100% JUSTFOREX WELCOME BONUS


□ 100% LQDFX BONUS  (UP TO $20,000, WITHDRAWABLE)

The 100% LQDFX cash Bonus applies to all deposits above $250, in all account types, and it is instantly credited.

BONUS DETAILS:

-1-. The maximum cumulative amount that can be earned is 20,000 USD/EUR per trading account.
-2-. The 100% Bonus Value is calculated as $5 USD per round turn lot traded. (100,000 units round turn) traded on FX & Gold products
-3- Positions open for less than three minutes are not eligible to qualify towards the volume requirement.
-4- The 100% Bonus can be withdrawn
-5- Minimum deposit amount to qualify for the 100% bonus is $250 per deposit

□ START HERE:

100% LQDFX WELCOME BONUS


□ $50 FBS NO-DEPOSIT (FREE) BONUS

BONUS DETAILS:

-1- Trade and multiply your profit with a maximum leverage of 1:500
-2- Profit received on the bonus funds is withdrawable after 2 lots are traded, and profit reaches $25 or more
-3- Maximum profit made with the Bonus account is $500

□ START HERE:

$50 FBS (FREE) NO-DEPOSIT BONUS

Go to top