FXTM or Forex time is founded in 2012, is still considered a newbie in the online Forex trading scene.
However, within a span of two years, this broker has managed to carve a name for himself with winning multiple awards such as “Best Newcomer 2013” and “Fastest Growing Forex Broker.” FXTM has its headquarters in Cyprus and is regulated by the IFSC of Belize, as well as the FSB.
There are three main Forex trading accounts with FXTM. There is no minimum or maximum Deposit on one of them and it will be charged no Commission. The Standard and Fixed Spread accounts can be used for USD/EUR with a variable leverage of 1:1000 and 1:500. The Cent account trades USCent / EUCent and offers a fixed leverage 1:1000 and 1:25 for Spot metals. In addition to these accounts, FXTM provides three ECN-accounts: ECN, ECN Zero account, and a XTM-MT5-ECN, each with different spreads or commissions.
The Amanah account is a swap free option available and is for those that are Sharia-compliant. If you make these, I was pleased to see that a demo account is for beginner traders who want to practice their trading before you your own money at risk.
FXTM has just made a new account, to its lineup. From April 2016, it is with an account that is specialized in the trade of CFDs on shares.
With the new FXTM stock account, the trader can choose from more than 180 US-shares with 1:33 leverage on the famous MT4 platform for immediate execution. The big corporations like Apple, Facebook, Alibaba, Twitter, and Microsoft, are included in the statement.Features
Apart from the standard Forex pairs, FXTM also offers trading for a number of other financial products such as CFDs on commodity Futures, ETFs, and spot metals. FXTM recently expanded its product range to include currency pairs, including the Chinese Yuan, as well as additional opportunities to trade spot metals paired with major currencies.
Through the PAMM program, FXTM offers investors the ability to maximize the value of their time while optimizing their portfolio. The investments are managed by the FXTM Portfolio Management Department where experts with the necessary experience and expertise available to traders in maximizing their return on investment. Portfolio, through a selection of carefully dealer evaluated with a consistently successful trading strategies are chosen.