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FXTM

Active

FXTM

4.24

Industry Tier:
S

🇨🇾

10-15 years

Contact

Basic Information

Country

Cyprus

Industry

Forex
CFD

Categories

Services

Services for trading contracts for difference (CFDs) in forex, spot metals, stocks, and commodities.

Supported Languages

English, Arabic, Armenian, Bahasa, Bengali, Cantonese, Chinese, Czech, Persian, French, German, Hindi, and other languages.

Domain Registration

2003-04-06

Status

Active

Entity

Download

Risk Scan

Announcement

Documents

Comments

4.24
1 Reviews

All Rating

TK_KIf7NTK_KIf7N
2.0
Exposure
FXTM said this deposit should take 30 minutes. However, on October 10, 2024, my deposit was delayed by over 6 hours. This delay caused my account to be stopped out due to insufficient funds.........................
2024-11-22

Profile & Analysis

Powered by AI
Some content is AI-generated and for reference only; it is not investment advice.

Profile

FXTM (ForexTime) is a forex broker established in 2011, headquartered in Limassol, Cyprus. It is a global online forex trader specializing in providing online trading and related services in financial markets such as gold, stocks, indices, commodities, and foreign exchange.

FXTM Official Website

Company Background

FXTM is a broker offering forex trading services. Its domain was registered on April 6, 2003. The company entity is Forextime Ltd, headquartered at 35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol, Cyprus. To date, FXTM has become a trusted choice for over 4 million investors, with business coverage in more than 180 countries.

FXTM WHOIS Domain Registration Date

Exinity UK Limited Registration Information with UK's Business Registry

Regulatory Information

FXTM is regulated and overseen by financial regulatory authorities from various countries and regions, including the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the South African Financial Sector Conduct Authority (FSCA), and the Financial Services Commission of the Republic of Mauritius (FSC). These regulatory measures protect investors' funds and trading activities, enhancing the company's credibility and reputation.

ForexTime Ltd is registered with the number HE 310361, with the registered address at 35 Lamprou Konstantara, Kato Polemidia, Limassol, Cyprus. It is regulated by the CySEC under the Securities Investment Company License No. 185/12.

Exinity UK Limited is registered under No. 10599136 with a registered address at 1 St. Katharine's Way, London, E1W 1UN, UK, regulated by the FCA with License No. 777911.

FCA Regulatory Screenshot

ForexTime Ltd CySEC Regulation and Registration Information

Trading Products

FXTM offers a variety of trading products, including forex, precious metals, stocks, stock CFDs, indices, commodities, and cryptocurrencies.

Forex: The world's largest financial market, where participants can buy and sell currency pairs like USD/EUR. It is crucial for international trade and investments, determines currency exchange rates, and is available for trading 24 hours a day.

Precious Metals: High-value metals such as gold, silver, platinum, and palladium used as investment hedges can be traded through physical purchases, futures contracts, or ETFs.

Stocks: Represent investor ownership in companies, allowing for profit sharing and appreciation, listed on national stock exchanges.

Stock CFDs: Derivatives allowing investors to speculate on stock price movements without owning the stock, enabling long or short positions.

Indices: Represent stock bundles from specific market segments, like the Dow Jones Industrial Average or S&P 500, investable through index funds or related derivatives.

Commodities: Include natural resources and agricultural products such as crude oil, natural gas, gold, wheat, and corn, tradeable in spot or futures markets.

Cryptocurrencies: Digital currencies based on blockchain technology, such as Bitcoin and Ethereum, facilitate decentralized trading without traditional financial intermediaries.

Trading Products

Trading Software

FXTM provides several trading platforms, including MT4 and MT5, to meet the needs of different investors.

MT4 was released in 2005 by MetaQuotes as the first-generation trading platform, mainly for forex trading. It offers a wide range of technical analysis tools, high customizability, and supports quick trading functions but only supports netting.

MT5, released in 2010, is the upgraded version of MT4, supporting not only forex but also stocks, futures, and cryptocurrencies. It provides more technical analysis tools and chart objects, introduces more order types, and supports multiple trading modes.

Overall, MT5 is more powerful than MT4, covering a wider market range. MT5 is suitable for traders who demand more trading features and market diversity, while MT4 is ideal for those focused on forex trading. The choice of trading software depends on individual trading needs and preferences.

Trading Software

Account Registration

The FXTM website provides a link for opening a live account, with registration steps as follows:

First, open the FXTM website and click "Open account" on the homepage.

Account Registration

Then, fill in the required information (such as email, password, etc.) to complete account registration.

Account Registration Steps

Account Types

FXTM offers two different types of trading accounts: ADVANTAGE and ADVANTAGE PLUS to suit various traders' needs.

Both accounts require a minimum deposit of $/€/ 500, with a maximum leverage of 1:2000.

However, the ADVANTAGE account offers spreads starting at 0.0, while ADVANTAGE PLUS offers spreads at 1.5.

ADVANTAGE commission: $25 per million of nominal value for forex, precious metals, and CFDs, and 0.07% of the nominal trade value for cryptocurrencies. ADVANTAGE PLUS has no commission.

Account Types

Maximum Leverage

Deposit and Withdrawal Methods

FXTM supports multiple deposit methods, including bank transfers, e-wallets, credit cards, etc. Client funds are safely stored in top-tier banks and are strictly segregated from the platform's own funds. The platform is regulated by different jurisdictions to ensure compliance and reliability of trading activities. Additionally, FXTM offers various payment options, including local banking services, to meet diverse investor needs.

Deposit and Withdrawal Methods

Customer Support

FXTM provides support in multiple languages, including English, Arabic, Armenian, Bahasa, Bengali, Cantonese, Chinese, Czech, Farsi, French, German, Hindi, among others. Several contact channels are offered; investors can reach the customer support team via phone at +44 20 3734 1025 for direct and immediate assistance. Investors can also send inquiries or requests to [email protected].

Moreover, FXTM dedicates substantial efforts to investor education, offering numerous educational courses and providing appropriate financial tools to aid client trading. The platform also offers FXTM Invest, a unique copy trading program allowing clients to replicate their favorite strategy managers' trades.

Contact Information

Summary

Since its establishment in 2011, FXTM has stood out as a forex broker with a strong global presence due to its solid reputation and strict regulation. Offering a wide range of financial instruments and outstanding educational resources, its focus on customer support and diverse trading platforms make it a formidable competitor in the online trading industry.

FAQ About FXTM

01

What is FXTM?

FXTM is a Forex Broker.

02

When was FXTM founded?

FXTM was founded in 2012.

03

Where is FXTM located?

According to its official website, FXTM is located in 35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol.

04

What is FXTM's official website?

FXTM's official website is https://www.forextime.com/

Industry Tier

S
E
D
C
B
A
S
SS

Social Media

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TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Risk Warning
TraderKnows provides a comprehensive database of financial companies, with information sourced from public channels or user submissions, for reference only. We do not verify the compliance of individual companies, and the information provided is not investment advice. Users are encouraged to conduct their own due diligence and make informed decisions. If you suspect any company of illegal activity, please report it to [email protected], and we will review and take appropriate action as necessary.
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