This FXTM review was conducted by the team of Miniforex.com for those who want to know about how to open a trading account with FXTM broker. Founded in 2012, The ForexTime broker or FXTM forex broker was the invention of Andrey Dashin, the founder of the famous Alpari brand. The FXTM.com brand is managed and owned by the holding company FT Global Services Ltd and its secondary company FT Global Services Ltd.
The broker also provides their customers trading instruments for example spot metals and contracts for difference (CFDs) for commodities, indices, stocks and ETFs.
FXTM MT4 download
The software mainstay for FXTM trusts on the extremely popular MetaTrader series of trading platforms, in both Metatrader4 and Metatrader5 varieties. Trading account orderings relate back to both kinds, with 3 categories provided in STP versions and 5 under the ECN service. All eight come with a swap-free choice, and a free demo account is provided with no expiration period. The ForexTime App places minute-by-minute market analysis and updates in the palms of the on-the-go trader, whereas the very latest in SSL technology encodes all sensitive data, keeping any hackers at bay.
Account Types
Working on a No Dealing Desk business model, The company has offered their traders with eight different types of trading accounts which built on STP and ECN trading modes. The numerous types of trading accounts comprise:
- Cent Account
- Standard Account
- Shares Account
- ECN MT5 Account
- ECN Account
- ECN ZERO Account
- Pro Account
- ECN Strategy Account
These accounts can be opened with as small as 5 dollars in minimum deposit made through any of the 30 plus payment methods maintained by the broker.
FXTM Demo Accounts
Traders can get admittance to a 100,000 dollars free and unlimited demo account. Utmost of the informative content on the broker is restricted to short tutorials on the website. Though, there is a Forex Circles as well as a Trading Center portal. You can open a free FXTM broker demo account at “Topforexbrokers.com” FXTM review page.
Commission & Spreads
As with all ECN and STP brokers, the leading attraction about these brokers has at all times been their low spreads. The similar is also true of the brokerage . The spreads here are valued up to 5 decimal places and begin from as low as 0.0 pips for the ECN based trading accounts and 0.1 pips for the standard accounts. Moreover, ECN accounts are charged a commission of 4 dollars per lot each way.
Deposits/Withdrawals
Deposits to the company can be made through credit cards, wire transfers, debit cards, Skrill, Neteller, e-wallets and CashU.
Withdrawals are started by contacting the back office during standard business times: 07:00 – 20:00 (GMT+2) (GMT+3 during Daylight Saving Time).
Conclusion
For more information about the broker on “ForexSQ” FXTM review page. There are actual few brokerage firms which have combined the industry with such an illustrious management group as FXTM.com . Therefore, it is simple to understand why the broker has what it takes to meet the prospects of an international client. Their many awards are all testimonies of the brokerage’s efforts to live up to their corporate viewpoint. For mobile trading you can download the broker Google Android application or itunes IOS app for Apple products. If you like this FXTM review conducted by www.Miniforex.com then share it on social media networks please. Follow FXTM broker on Facebook, Youtube , Google+ or Twitter.