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FXTM Forex Broker keeps up-to-date with the latest trading account information, including ADVANTAGE PLUS, ADVANTAGE maximum leverage of 1:3000, trading varieties, and more
Rating Index
Pros
Regulated by reputable authorities (FCA, CySEC) ensuring a level of trust and security for traders.
Wide range of trading instruments available, including forex, commodities, indices, and cryptocurrencies.
User-friendly trading platforms (MetaTrader 4 and 5) with advanced charting tools and features for both novice and experienced traders.
Cons
Limited cryptocurrency offerings compared to some other brokers, which may not satisfy traders looking for a diverse range of altcoins.
Some account types have high minimum deposit requirements, which could be a barrier for new traders.
User reviews indicate potential issues with withdrawal processes and slippage, raising concerns about the reliability of the service.
FXTM broker Accounts
ADVANTAGE PLUS
Trading Env.
AAA
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
--
Minimum Spread
From 1.5
Depositing Method
(6) Bank transfer
Withdrawal Method
--
Minimum Trade Size
0.01
Commission
--
Trading Instruments
forex, commodities, metals, indices, etf cfds, stock cfds, cash equities, cryptos
ADVANTAGE
Trading Env.
AAA
Currency
--
Maximum Leverage
1:3000
SupportedEA
Minimum Deposit
--
Minimum Spread
From 0.0
Depositing Method
(6) Bank transfer
Withdrawal Method
--
Minimum Trade Size
0.01
Commission
Average of $0.4-$2 based on volume
Trading Instruments
forex, commodities, metals, indices, etf cfds, stock cfds, cash equities, cryptos
FXTM Account Types
FXTM, also known as ForexTime, offers a variety of trading accounts tailored to meet the diverse needs of traders. The main account types available are:
- Micro Account:
- Minimum Deposit: $10 (₦8,100)
- Spreads: Floating from 1.5 pips
- Commission: None
- Leverage: Up to 1:1000 (fixed)
- Trading Instruments: Forex, metals, commodities, indices, stock baskets
- Platform: MetaTrader 4
- Advantage Account:
- Minimum Deposit: $500 (₦408,250)
- Spreads: From 0.0 pips
- Commission: $0.40 to $2 (depending on volume)
- Leverage: Up to 1:2000 (floating)
- Trading Instruments: Forex, precious metals, commodities, indices, stock CFDs on MetaTrader 5
- Platform: MetaTrader 4 & 5
- Advantage Plus Account:
- Minimum Deposit: $500 (₦408,250)
- Spreads: From 1.5 pips
- Commission: None
- Leverage: Up to 1:2000 (floating)
- Trading Instruments: Forex, precious metals, commodities, indices, stock CFDs on MetaTrader 5
- Platform: MetaTrader 4 & 5
Islamic Account: Available for all account types, ensuring no interest or swap charges are applied on overnight positions.
Demo Account: A risk-free environment to practice trading with virtual funds.
- Visit the FXTM Website: Go to the official FXTM website.
- Click on "Open Account": Look for the "Open Account" button located at the top right corner of the homepage.
- Fill in the Registration Form: Provide your personal information, including name, email, and phone number. Create a password and select your preferred account type.
- Verify Your Account: After completing the form, you will receive a verification code via email or SMS. Enter this code to complete the registration.
- Fund Your Account: Once your account is verified, log in to your FXTM dashboard and navigate to the deposits section to fund your account using various payment methods.
- Download Trading Platform: Choose between MetaTrader 4 or MetaTrader 5 and download the platform to start trading.
FXTM Broker Account Opening Process
To open an account with FXTM, follow these steps:
For further details and to start your trading journey, visit the official FXTM website: FXTM.
FXTM Similar Broker Accounts
Explore broker markets account types: forex/trading accounts with demo access.
FXTM accounts can be viewed for products that can be traded forex, commodities, metals, indices, etf cfds, stock cfds, cash equities, cryptos accounts with a minimum deposit of -- by (2+) (6) Bank transfer.