FXTM Review in 2025 Spreads & Fees Compared

FXTM Review in 2025 Spreads & Fees Compared

Here, you can explore ebooks, forex trading webinars, and glossaries of common forex trading terms. ForexTime also releases weekly market analysis videos filled with expert advice about new trading strategies. To conclude, all forex brokers have something positive to offer, while they also have a few drawbacks. If you are a high-volume trader and concerned about the spread, liquidity, and execution speed, FXTM has you covered.

• Opening an account at FXTM is fast, and the first step requires only a few seconds.
• Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
• Additionally, FXTM offers swap-free accounts for eligible clients, particularly in regions where interest is not permitted due to religious beliefs.
• It features eight timeframes, MACD, moving average, and momentum, and five calculation methods.
• ForexTime, better known as FXTM, is a well-known forex broker famous worldwide, but especially among African traders.
• I highly recommend the commission-based option as trading costs remain among the best industry-wide, while the commission-based account charges relatively expensive fees.

How to open an FXTM Account

There is also a Beginner’s Guide to Forex trading that we strongly suggest new traders take a look at. We encourage traders of all skill levels to review FXTM’s educational resources. Here you will find videos, articles, seminars, webinars, e-books, a glossary, and comprehensive guides, among other resources.

Is FXTM an ECN broker?

FXTM encourages traders to download both the MT4 and MT5 platforms, then use them in parallel before making their final decision. However, while the broker ensures that they won’t be deactivating MT4 soon, it will happen eventually. 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. With an inability to seamlessly transfer indicators from MT4 to MT5, many traders prefer to stick to MT4 to continue trading their proven strategy. MetaTrader 4 (MT4) is the tried and tested trading platform that has catapulted forex trading into the mainstream. Whether you have a PC, Mac, mobile, tablet, then FXTM has an MT4 option for you.

What deposit methods are available with FXTM?

FXTM also offers compensation via the Financial Commission’s Compensation Fund, and you’ll benefit from free negative balance protection no matter which account type you choose. On the other hand, FXTM’s minimum deposit is higher than some of its competitors, like Deriv and XM, making it less accessible for traders on a tight budget. Also, spread-based accounts and Stock trading are either on average or slightly higher quotes too. FXTM offers a quality range of tradable assets, allowing traders to seamlessly access and trade both traditional financial instruments and digital currencies. Meanwhile, the MetaTrader apps are more feature-rich, providing advanced charting tools, customizable technical indicators, and automated trading capabilities through Expert Advisors. FXTM or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offerings overall.

Yes, your funds are securely kept in segregated accounts in top-tier banks, and FXTM is regulated in various jurisdictions, ensuring the safety and security of your money. Whether you’re a beginner or a seasoned trader, you can choose the platform that best suits your trading style and needs. Once you open an account, you cannot change the account type, but you can open a new one if necessary. It’s recommended to choose the account type that best suits your trading goals. FXTM ensures that client funds are protected through segregation, meaning your funds are kept separate from company funds for added security. Additionally, FXTM is a globally regulated broker, providing further peace of mind.

KYC Procedure for Account Creation and Depositing

At these times, the market is typically highly liquid with the tightest spreads. After a thorough FXTM Forex broker review process, we can confidently recommend this broker. Regulation and licensing from multiple top-tier authorities provides confidence, as do the website’s security measures and the client fund protection measures.

• The desktop MT4 platform is a comprehensive trading solution designed for traders who require a highly customizable environment.
• The Cyprus- based group is a global leader in CFD trading with over 2-million clients from 150 countries.
• With robust fund protection measures like segregation and insurance, along with cutting-edge encryption and strong regulatory oversight, traders can trust FXTM to keep their funds safe.
• It offers users interactive charts, technical indicators, and market analysis tools.
• These platforms are available on various devices such as PC, Mac, mobile, and web-based options.
• There are a total of six account types to choose from, including three standard accounts and three ECN accounts, so you can be certain you’ll find one to suit your needs.

Based on our extensive review of FXTM,  we are happy to conclude with a positive outlook of one of the best forex brokers in the industry. Not only does FXTM offer premium trading conditions on a moderate range of financial instruments, but the CFD broker is also one of the safest when it comes to client privacy and security of funds. Added to that are the globally renowned MetaTrader platforms, the CFD broker’s exclusive FXTM Trader,  ample educational resources, and excellent 24/5 multi-lingual customer support to back it up. FXTM is a well-established and reliable broker, offering traders a seamless and secure platform for accessing global financial markets. With its focus on trust, accessibility, and value, FXTM is a strong choice for traders of all experience levels. Their competitive spreads, educational resources, and flexible account options make it easy for both beginners and experienced traders to succeed.

If you’re a new client to FXTM, it might be worth considering choosing the MetaTrader 5 (MT5) platform from the start. There are many reasons to start using FXTM’s MT5 platform or make the switch from your current MT4 broker. While many features are exclusively available on MT5, the fact that you can’t transfer custom indicators and EAs without having the code re-written remains the platform’s biggest drawback. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

Additionally, FXTM offers swap-free accounts for eligible clients, particularly in regions where interest is not permitted due to religious beliefs. FXTM maintains 60 currency pairs, 14 commodities, 21 index CFDs, 802 equity CFDs, and 639 US-listed stocks. The choice of commodities and index CFDs is limited, but the overall selection of trading instruments is competitive. I also like that Forextime offers 639 stocks for direct investments, albeit only US-listed ones.

Likewise, the forex broker’s product offering also varies across account types. This FXTM review will explore everything you need to know to make an informed decision. We’ll cover account types, fees, trading platforms, and more, to help you see if FXTM aligns with your trading goals.

So, for example, if you want to trade a Bitcoin CFD, then you’d trade a BTC/USD CFD. The ForexTime FXTM platform remains one of the best forex trading apps available today. Users who are able to meet the deposit minimums required to open an ECN account will receive highly competitive rates and avoid any limits on order volume.

Please note, the availability of cryptocurrencies is subject to regulations. Additionally, Exinity Limited is part of the Financial Commission, which is fxtm broker reviews an organization that resolves disputes in the forex market of the financial services industry around the world. This gives you an extra layer of protection should anything happen to the broker.