FXTM Review 2025 Join Over 2 Million Global Clients

FXTM Review 2025 Join Over 2 Million Global Clients

ForexTime offers standard MT4 mobile apps for iOS and Android-based mobile devices. The apps carry most of the functionalities offered by the full, downloadable version of MT4. They support 9 time frames, and come with 30 preinstalled technical indicators. In addition to offering the option of using MT4 or MT5 with your FXTM trading account, FXTM offers customers their proprietary FXTM MT4 WebTrader platform. This web based platform requires no download and can be accessed directly from any browser.

Standard Account Fees

• When it comes to trading costs with this account type, spreads start from an excellent value 0.1 pips along with a $2 per lot traded commission.
• Signal Centre, powered by Acuity, can be accessed from the client portal.
• It upgrades MT4 with six plugins plus its Pivot Points Strategy, featuring live updates and commentary from the FXTM Head of Education, and the mobile app is user-friendly and easy to use.
• The mobile trading app is perfect if you need to trade on the go from multiple locations.
• Traders may also use Skrill, GlobePay, Pay Redeem, Perfect Money, Neteller, FasaPay, and M-Pesa.
• This allows users to choose from a variety of trading styles, risk profiles, and strategies that align with their financial goals and risk tolerance.
• It has offices all over the world, including Dubai, London, Hong Kong, Cyprus, Nigeria, Kenya, Mexico, Colombia and Chile, housing over 500 staff.

Apart from offering real stocks, the broker offers over 100 stock CFDs, and you can even trade fractional shares — for example, 0.3 of one Apple share — as CFDs. Trading CFDs allows you to use leverage to increase your profit potentials. FXTM offers up to six different FX indices that are specifically designed around the largest currencies in the world.

• Keep in mind that FXTM does not have a maximum deposit amount, but individual payment methods may have their own.
• If you want easier access, the MT5 platform has a handy built-in economic calendar.
• I like the regulatory framework at FXTM, ensuring traders have access to competitive trading conditions and superior protection.
• I have been a client of FXTM since 2020 and after trying over 4 other brokers, I can say that they are, by far, the best broker I have ever dealt with.
• FXTM’s cashback rebate system is designed to enhance the trading experience for those engaged in Forex transactions and those utilizing Micro, Advantage, or Advantage Plus Accounts.
• The broker charges a fee of $5 monthly after six months of inactivity.

Social Trading – Copy Trading

When you use FXTM Invest, you share a percentage of your profits with the Strategy Manager as commission. You will find major names, such as Apple and Google, as well as others not always offered by competitors, such as Bed, Bath & Beyond. The European share CFDs provide excellent diversification options, with choices from across the continent, including the UK, France, Germany, the Netherlands, and fxtm review more.

Live webinars

With FXTM’s globally recognized regulation, you can trust that your funds are safe while enjoying a wide range of payment options to manage your deposits and withdrawals with ease. In addition to competitive pricing, FXTM provides a wide range of funding and withdrawal options. Fees may vary depending on the payment method and account type, offering flexibility for traders worldwide to manage their funds with ease. FXTM is a well-established and reliable broker that offers a secure and seamless trading experience across global financial markets. With a focus on trust, accessibility, and value, FXTM stands out as an excellent choice for traders of all levels. FXTM allows clients to trade stocks from top stock exchanges in the world, such as the NASDAQ, NYSE, HKEX, and others.

How to Open and Close an FXTM Account

All FXTM accounts are available in USD, EUR, GBP, or NGN (only Nigerian clients). Keep in mind that FXTM does not have a maximum deposit amount, but individual payment methods may have their own. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Beginners can start with introductory guides to forex trading and CFDs, while more experienced traders can delve into advanced resources on specific trading styles like scalping.

FXTM is particularly strong in the range of available CFDs on commodities, indices, and shares. Overall, I rate the FXTM Trader app as well-designed and especially good for beginners. However, it lacks advanced features, such as price alerts and trailing stop-loss orders. Swaps represent the fees charged (or credit earned) for holding a position overnight.

Social trading

These resources are crafted to ensure that traders have access to valuable tools and information to enhance their trading skills and knowledge. With both platforms available across desktop, mobile, and web versions, FXTM ensures that traders of all levels can trade seamlessly, anytime and anywhere. FXTM is a reliable broker offering Contracts for Difference (CFDs) and low spreads on over 250 trading instruments. The broker is licensed and regulated by the FSC Mauritius and the Capital Markets Authority of Kenya.

Educational Features

In addition to the above features, FXTM also offers users a quality demo account so you can try the platform for yourself before investing any money. It’s important to note that FXTM in Europe only accepts professional clients as of March 2021. As pro traders are sufficiently experienced, the FXTM demo account is not available for them. FXTM provides a strong selection of assets to trade in across several markets. Beyond trading forex, you can also trade commodities, indices, stocks, and crypto assets through FXTM as CFDS.

They offer a brief overview and an informative take on market events. FXTM also maintains its FXTM Trading Signals service for traders seeking actionable research. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.

There is no commission charged on this account although the floating spreads start from 1.3 pips as they are marked up to cover costs. FXTM offer the industry leading forex trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading on your desktop (Windows / Mac), web or mobile devices (iPhone / iPad / Android / Tablet). I like the desktop platform as it has the most functionality, including automated trading. The web version is great as it runs directly in your web browser and is always up to date. The mobile trading app is perfect if you need to trade on the go from multiple locations.