FXTM

FXTM is a well-established broker since 2011. FXTM has headquarters in Mauritius, Cyprus, United Kingdom, South Africa, Kenya and Nigeria. FXTM to provide their Forex/CFD trading services to global clients.

This broker has also been regulated by FSC (Mauritius), C113012295, CySEC, 185/12, FCA, 777911, FSCA, 46614, Capital Markets Authority of Kenya and 135.

FXTM Summary

Account Information

Apart from the forex demo account, this broker offers Cent, Standard, ECN Zero, FXTM Pro, FXTM ECN and ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FXTM is up to 1: 2000 Meanwhile, you can open an account with a starting capital of $10.

Instruments Traded

Besides lots of currency pairs, FXTM also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Futures, Commodities and Indices for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Payment Methods

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

 Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don’t have credit cards.

 Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

 QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

 Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients’ fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

 FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

FXTM also provides payment with YooMoney, UnionPay, Perfect Money, Google Pay, DIXIPAY, Crypto and Credit/debit cards.

Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, a price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitability by placing well-planned trades.

Hereby, FXTM offers you MetaTrader 4 (Limited with 60 days) and MetaTrader 5 (Limited with 30 days).

Customer Support

Do you have any question or find any trouble related to FXTM? If you do, you should reach FXTM’s support to get the information that you need.