Forex Time Broker Review

FXTM is ECN/STP broker that was established in 2009 to offer Forex and CFDs products. As one of the most regulated in Cyprus by CySec and the UK by the FCA . This broker offers trading of over 250 assets through their Meta Trader 4 and MT5 platforms.
( 12 )
All major platforms available
Regulated Broker
U.S. Clients
All common payment system available

Fxtm Review

Forex Time (FXTM) used to be headquartered in 2011 via foreign exchange enterprise veteran Andrey Dashin. When you consider that FXTM’s launch, the dealer has increased its structures to comprise the suite of trading functions developed by way of MetaQuotes program organization, which entails MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

At present, FXTM remains a MetaTrader-best broker and offers seven account varieties that provide merchants with entry to fifty nine forex pairs as good as CFDs on 173 single-stock shares, 11 indices, six metals, three energy contracts, and three cryptocurrencies. The broker also provides social replica trading by means of its FXTM make investments delivering.

ForexTime Limited is regulated by the Cyprus Securities and Exchange Commission (CySEC)  with  CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614, and registared with the FCA with registration No. 600475.

Forextime UK Limited is authorised and regulated by the Financial Conduct Authority with license number 777911.

FT Global Limited is regulated by the International Financial Services Commission of Belize with License numbers IFSC/60/345/TS and IFSC/60/345/APM.

Commissions & fees

FXTM presents seven exclusive debts varieties the place the execution approach, range of markets, available platform, and commissions and costs may just range.

Behind the pro account, spreads are lowest on the ECN account.

Three money owed are furnished under the common category, where the execution approach is immediate. These include the Cent account for foreign exchange and metals buying and selling, the normal account, which has shrink comparable spreads for forex buying and selling and no more restrictions on max alternate dimension, and the Shares account for single-stock CFDs.

Nonetheless, FXTM’s best providing in phrases of buying and selling costs is on its four different account types, including the commission-established ECN Account, the ECN MT5, the commission-free ECN Zero account, and ultimately the FXTM pro account for traders who deposit as a minimum $25,000.

Trust and Fund Protection

Trading with a forex broker traders can trust is crucial to success. Unfortunately, forex fraud and scams are common in the industry.

fxtm regulation cysec

trading with a currency trading dealer merchants can trust is principal to success. Unfortunately, foreign exchange fraud and scams are long-established within the industry.

FXTM is a global company that operates out of a number of places around the globe. Some jurisdictions require that a manufacturer running branches in their areas have to be regulated by the agencies that supervise the economic markets. FXTM is in compliance with this directive in a number of countries and the brand is regulated as follows:

The brand operates in Cyprus and the eu as ForexTime constrained. The company is permitted and regulated by the Cyprus Securities and trade fee with Cypriot funding firm (CIF) license number 185/12.


Customer care

For our 2018 foreign exchange overview, 129 patron carrier telephone checks were carried out over three months. The data accumulated is institutional grade. On traditional, three questions were asked for each test. To attain each experiment, the assessments had been divided into three separate companies and scores were given for the time taken to connect with every aid consultant and the ability of every representative to professionally (and wholly) answer each and every query. A web Promoter score was once additionally given for the total experience.



FXTM presents research within the type of day-to-day technical and foremost information analysis from its in-condominium group of analysts, who submit blog updates and daily videos as good as a quarterly market forecast record.

Twice daily, FXTM provides buying and selling indicators on over a dozen devices, including eight foreign money pairs with discontinue-loss and a couple of take-revenue levels.

The broker provides an financial calendar powered by using FXStreet, which additionally streams the news headlines in its platforms and internet site.


Trading Tools

FXTM is a MetaTrader-best dealer delivering the regular, out-of-the-box expertise. This implies it presents the suite of structures from MetaQuotes application manufacturer, developer of the popular MT4 and MT5 structures for computing device, cell, and web. To study extra about MT4 and MT5, read our full MetaTrader consultant.


While MetaTrader 4 and MetaTrader 5 come common, with little variation in functionality from dealer to dealer, giant differences exist in how the platform is established for trading spreads and commissions, execution, and different tools, aspects, and administrative areas.

Besides spreads, the variety of devices, and account forms, here is a abstract of the variations in elements between the on hand MT4 platform setup and the default MetaTrader expertise:

  • news headlines move from FXStreet
  • presents MT4 web and MT5 web
  • MT4 and MT5 set up file wrapped in windows Emulator for MAC OS installation

cut loose the native alerts markets in MetaTrader, the dealer offers additional auto-trading by way of its FXTM make investments platform, with over 750 process vendors to follow. These can be used simplest with an ECN Zero account by way of the myFXTM portal.


Trade in Cellphone

given that FXTM is a MetaTrader-simplest dealer, iOS and Android versions of the MT4 and MT5 app come common and are both to be had for download from the Apple iTunes retailer and Android Playstore, respectively. For more on the apps, read our MetaTrader guide.

While FXTM additionally has its possess mobile app, this is for account administration to sync with the MyForexTime portal; no trading may also be carried out on the app.


Android App


Apple iOS App


Trading - Forex


Trading - CFDs


Alerts - Basic Fields


Watch List


Watch List Syncing


Charting - Indicators / Studies


Charting - Draw Trend Lines


Charting - Trend Lines Moveable


Charting - Multiple Time Frames


Charting - Drawings Autosave


Forex Calendar


Other Notes

In 2017, FXTM launched CFD buying and selling on cryptocurrencies including Bitcoin, Litecoin and Ethereum, helping the dealer cater to the growing curiosity in obtaining publicity on digital property. FXTM’s delivering for Bitcoin as a CFD is reasonable with a max exchange dimension of 5 bitcoins; however, it falls brief with weekend buying and selling, which is not yet on hand.

It's valued at noting that on all market execution debts (ECN), stop-loss and take-revenue stages can best be added after the market order is done. This limit limits a trader’s ability to make use of the pending order characteristic, as discontinue-loss and limit levels cannot be delivered in advance. An alternative to this is to make use of the opposite three (ordinary) account forms, which follow instant execution the place this limitation does now not practice.

In phrases of leverage, there are tiered stages for margin depending on exchange size, per account, related to tiered levels other brokers use.



FXTM presents traders with a couple of account choices the place there are pros and cons to each and every, ranging from margin to execution process, style of markets, and pricing. For illustration, one of the crucial execs of the ECN debts is extra aggressive pricing, yet the discontinue-loss and restrict stages will also be brought best submit-execution, compared to the normal debts.

Additionally, merchants trying aspects from a couple of accounts would open a couple of bills, reminiscent of in the case of buying and selling single-stock CFDs and foreign exchange, as these can't be carried out from the same account.

All in all, for merchants who recognize exactly what they wish to trade and which buying and selling conditions are essential to them, FXTM supplies multiple choices for MT4 and MT5. Including cryptocurrency CFDs past just bitcoin was once also an optimistic addition to FXTM’s delivering, despite the problem of weekend buying and selling being unavailable.

Traders with less expertise could have a difficult time determining. Ideally, we wish to see some of the account elements mixed; for example, it will be priceless if FXTM centralized its multi-asset offerings from special markets into one place. Finally, the dealer fares better for study with its possess auto buying and selling platform and in-apartment signals.

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Jao Felix 2019 July, 27, 10:54:49 AM
The Greatest Fraud broker ever i have seen. I failed to withdraw my profits from them.
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