FXTM Review Legit or Hoax, Global Glance 2025

There are a variety of account types available to meet all trading needs and a truly impressive selection of funding methods. The ability to trade on MT4, MT5, and a robust proprietary platform, plus the copy trading feature, further cement our recommendation for FXTM. FXTM Pro Account holders can also trade stocks with the broker in the traditional sense. This is a rare offering from a Forex broker, giving FXTM a competitive advantage.

FXTM Fees

However, I consider it cumbersome and not the best choice for analyzing price action. I opened an Advantage Plus account with Exinity Limited and performed my tests on the desktop and mobile versions of the MetaTrader 5 platform. Whether you’re a beginner or an experienced trader, you can select the platform that best fits your trading style and requirements. FXTM also keeps client funds segregated, ensuring they are entirely separate from the company’s operational funds. With cutting-edge SSL encryption, secure user identification, and server authentication, FXTM provides a secure trading environment for all users.

  • As these are some of the most stringent regulators in the market, you can rest assured that FXTM is economically stable and responsible.
  • This makes it a valuable tool for beginners learning the ropes as well as experienced traders testing new systems or refining their approach without risking capital.
  • Advanced encryption technologies and strict verification procedures are in place to protect against fraud and unauthorized access.
  • Readers should bear in mind online trading with leveraged derivatives carries a high level of financial risk.

What is the difference between MetaTrader 4 and MetaTrader 5 on FXTM?

FXTM provides traders with various advanced trading platforms, including MT4, MT5, and a proprietary trading platform. 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. Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions. I want to stress once again that commission-free does not necessarily equal cheaper trading costs. Spreads are generally higher, often twice as high, than commission-based offers, and FXTM is no exception. FXTM is a reliable and well-regulated Forex broker that provides access to a diverse range of trading assets and user-friendly platforms.

What trading instruments can I access with FXTM?

The withdrawal process is straightforward, with verified users able to submit withdrawal requests directly from their accounts. Most requests are processed within 30 minutes, ensuring quick access to funds. In general, both mobile apps perform smoothly, providing quick trade execution and stable performance.

Cryptocurrency CFDs are available on key digital assets, including Bitcoin and Ethereum. These instruments can be traded similarly to Forex pairs, allowing traders to speculate on price movements without owning the actual coins. While crypto CFDs are available to most international clients, they are not accessible to retail traders in the UK due to FCA restrictions. Professional clients, however, can still access these markets through FXTM’s platforms.

Platforms & Tools

These resources do a solid job of explaining essential terms and trading basics, making them well-suited for newcomers. That said, there’s little content aimed at intermediate or advanced traders. The broker could strengthen its educational offering by digging deeper into topics like fundamental analysis and trading psychology. On the plus side, FXTM really boosts the MT5 experience by adding its Pro Trader Tools package. This plugin integrates market research directly into the platform, so traders can stay on top of market developments without leaving their workspace.

FXTM stands as a reliable and versatile broker, catering to traders of all experience levels. With a wide selection of account types, competitive spreads, flexible leverage options and access to numerous trading instruments, FXTM provides the tools necessary for successful trading in 2025. The broker’s robust educational resources and innovative services, such as Copy Trading and FXTM Invest, are valuable for traders looking to diversify their strategies and improve their skills. While its fees and account availability may not suit every trader, FXTM remains a strong choice for those seeking a well-regulated and user-friendly platform. The comprehensive customer support, coupled with advanced trading platforms such as MetaTrader 4 and MetaTrader 5, further enhances the overall trading experience. In summary, FXTM offers a solid combination of trading features, market access and support, making it a strong contender for both beginners and experienced traders.

  • CySEC mainly regulates forex brokers, insurance companies, stock exchange, banks, and other financial institutions operating in Cyprus.
  • The tier system reflects the level of regulatory strictness and client protection, with Tier 1 providing the most comprehensive safeguards.
  • You can use 21 timeframes, 44 graphical objects, and 38 technical indicators to analyze data with MT5.
  • While the deposit time is instant to 2 business days, the withdrawal process takes 24 hours for all types of methods.
  • The ability to trade in your country’s currency is a big advantage to FXTM.

Trade Execution

Whether you have a PC, Mac, mobile, tablet, then FXTM has an MT4 option for you. Many traders use Cent Accounts alongside a Standard Account to test new EAs under live trading conditions. Educational articles – There are numerous written educational articles on Forex and CFD trading and technical analysis, from the basics up to intermediate-level concepts. Furthermore, given the stature of FXTM in the broking industry, the absence of even a white labelled, in house trading platform is somewhat disappointing.

Forex rebates are a valuable feature for traders to earn back a portion of their trading costs. With the PaybackFX cashback program, traders can maximize their returns by receiving rebates on every trade with their FXTM account or opening a new one through PaybackFX. FXTM offers help in multiple languages with support available 24/5 weekdays, with limited coverage over the weekend. FXTM aims to provide instant and more in-depth answers through its various customer support channels. Investing in financial instruments, commodities, and other assets carries inherent risks, and there is a possibility that you may lose your entire investment. It is essential to be fully aware of these risks before engaging in any trading activity.

Additionally, FXTM offers swap-free accounts for eligible clients, particularly in regions where interest is not permitted due to religious beliefs. These contracts allow traders to speculate on future price movements without owning the underlying assets. Trading is available on the MetaTrader 5 platform with competitive spreads and flexible leverage. Futures CFDs at FXTM suit both short-term strategies and broader market exposure, with no expiry dates for continuous trading convenience. FXTM offers over 1,000 financial instruments across different asset classes, including forex, soft commodities, cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.), stocks, indices, metals, and energies. Their range of available financial assets compares fairly to other big brokers, such as OANDA, IC Markets, and Fusion Markets.

Trading Fees*

Whether you’re a new trader looking for tutorials and webinars on the basics, or you’re an experienced trader looking for world-class market analysis. When it comes to trading platforms, FXTM only offers the fxtm broker reviews popular MetaTrader 4 platform. The lack of support for MetaTrader 5 is definitely a mark against FXTM’s overall platform provision.

FXTM offers traders the MT4/MT5 trading platforms and has developed its proprietary mobile app, FXTM Trader. 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. They ensure traders have an edge versus the out-of-the-box versions most brokers offer. 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.

FXTM forex broker offers its traders a choice of hundreds of deposit methods depending on the location. However, the common deposit methods are Visa, Master Card, FasaPay, GPay, Skrill, Neteller, WebMoney, and Bank Transfer. But, you can also deposit using your local payment methods and currency, depending on your location. FXTM is available in 180 countries in the world, and they provide different trading deposit and withdrawal methods for each country. FXTM offers hundreds of educational videos, past webinars, and guides on basic trading concepts and terminology.

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.

FXTM offers secure, flexible, and transparent trading options for over 1.5 million active traders. With a wide range of account types, competitive spreads, and educational resources, FXTM caters to traders of all levels, from beginners to professionals. It’s simple to navigate, integrates real-time trading signals, and offers access to all major markets.

Commission charges typically range from $3.5 to $35 per round lot, depending on the specific account and asset being traded. 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. The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading globe, regardless of the trader’s knowledge.

FXTM also maintains its FXTM Trading Signals service for traders seeking actionable research. FXTM claims an average execution speed of approximately 71 milliseconds, setting a high bar for traders needing quick trade execution. However, while real-world execution might occasionally be slower, it remains within an efficient range for market orders. This can vary due to factors like server latency and market conditions, but FXTM’s execution is still commendable. We provide them with a comprehensive service that optimizes opportunity, accessibility, and support for all their needs. Headed by FXTM’s head of education, Andreas Thalassinos, the broker’s webinars cover a wide range of education and analysis topics to help traders make money in the markets.