This can be verified on our website under accounts overview section:
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For example, one of the pros of the ECN accounts is more competitive pricing, yet the stop-loss and limit levels can be added only post-execution, compared to the standard accounts.
As a modern approach to investing and copy-trading, FXTM Invest is an easy-to-use program that brings traders and investors closer to the markets. The company holds true to its core value of transparency by publishing important trading stats on their website: Additional information feeds, educational materials, charting tools, and free-flowing commentary make your trading experience ideal and its customer support department is top of the line.
Also, if you like contests and promotions or social trading, FXTM does not disappoint. They have shown tremendous progress over past couple of years and, if you reside in one of their covered markets, they are well worth your patronage. The firm lists these reasons: Flexible Leverage, based on country of residence, knowledge and experience.
FXTM offers negative balance protection. Trading account classifications relate back to both types, with three categories offered in STP versions and five under the ECN service.
All six come with a swap-free option, and a free demo account is offered with no expiration period. This account has a maximum leverage of 1: The Strategy account gets complete access to the entire range of financial instruments provided by the company. The Pro account also gets a fair amount of leverage starting from 1: Unfortunately, there are no proprietary trading platforms, but the availability of both versions of the MetaTrader should satisfy a majority of the traders in the market.
ForexTime has set up its headquarters in Belize, a popular tax haven in Central America that is chosen by many wealthy investors, entrepreneurs, retirees, and other wealthy financial companies. Tax havens have a notorious reputation of supporting companies, rather than their customers, which can have adverse effects on investor rights.
The International Financial Services Commission IFSC acts as the principal regulatory authority for all financial companies in Belize, which also brings Forex brokers , asset management firms, and other allied financial firms under the IFSC regulatory framework. The broker also has a valid regulatory license from the Financial Services Board of South Africa, along with branches in other parts of the Asia, the Middle East, and Europe. CySEC also falls under the strict European regulatory guidelines and has its own Investor Compensation Fund, which takes care of compensating clients if the broker is unable to reimburse its customers due to any legal or financial issues.
Although traders may be apprehensive about the regulatory status of the broker from the IFSC of Belize, it is safe to assume that brokers regulated in the European Union are supervised according to strict regulatory guidelines.
FXTM is also one of the few brokers that offer the largest number of deposit and withdrawal options, which include traditional bank wires, credit cards, e-payment processors, and other electronic payment options. ForexTime offers an excellent array of services for traders, along with a good amount of security for funds and a customer-oriented approach.
Our unbiased ForexTime (FXTM) review will give you the full facts including information about regulation, account types, leverage, spreads and much more.
Apr 03, · Reviews; ForexTime (FXTM) Forex Time (FXTM) was founded in by forex industry veteran Andrey Dashin, who is also a key shareholder of the online broker Alpari. Since FXTM’s launch, the broker has expanded its platforms to include the suite of trading applications developed by MetaQuotes Software Corporation, which /5. ForexTime offers a number of account types, bonuses, trading tools and platforms. Learn all a FX trader needs to know from our detailed forex broker review/5(12).
Is ForexTime safe? How competitive are their fees? If you're considering opening an acount, this ForexTime review is a *must-read* Compare ForexTime against brokers like AvaTrade & Plus in this up-to-date comparison of ForexTime's fees, platforms, features, pros and cons and what they allow you to trade in Do you agree with ForexTime (FXTM)’s TrustScore? Voice your opinion today and hear what customers have already said. | lokersumbagut.ga
ForexTime Review Published: October 12, by Tom Cleveland ForexTime (FXTM) is a multi-award-winning broker that offers exceptional online trading services for Forex, CFDs on Spot Metals, Indices, Shares, and Commodity Futures, and an Investment Program whereby anyone can invest in Forex without having advanced trading . ForexTime is an established Forex broker and Crypto Currency CFD Dealer that is owned by ForexTime Limited. They are located at FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, , Limassol, [ ].