FXTM Company Overview

Founding Date and Background

FXTM, also known as ForexTime, was founded in 2011. The company emerged in response to the growing demand for online trading platforms, providing a range of financial services to individual and institutional traders. FXTM's mission is to offer traders access to the financial markets with a focus on education, transparency, and customer support.

Parent Company/Ownership Structure

FXTM operates under the umbrella of its parent company, Exinity Group. This structure allows FXTM to leverage the resources and expertise of a larger organization while maintaining its brand identity and focus on customer service.

Headquarters Location

The headquarters of FXTM is located in Limassol, Cyprus. The company also has offices in various jurisdictions, including South Africa, the UK, and Mauritius, which enhances its global presence.

Global Business Scope

FXTM serves a diverse clientele across more than 150 countries, catering to both retail and institutional traders. The company offers a wide range of trading instruments, including forex, commodities, indices, and stocks.

Main Regulatory Bodies

FXTM is regulated by several prominent financial authorities, including:

• Cyprus Securities and Exchange Commission (CySEC)
• Financial Sector Conduct Authority (FSCA) of South Africa
• Financial Conduct Authority (FCA) of the UK
• Financial Services Commission (FSC) of Mauritius

These regulatory affiliations underscore FXTM's commitment to maintaining high standards of compliance and customer protection.

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Company History and Development

Key Milestones

Since its inception in 2011, FXTM has achieved several key milestones, including the launch of its trading platforms, the introduction of various account types, and the expansion of its educational resources. The company has continually adapted to market trends and client needs.

Business Expansion Journey

FXTM has expanded its business significantly since its founding. Initially focused on the European market, the company has grown its operations to include clients from Africa, Asia, and Latin America. This expansion has been facilitated by the establishment of regional offices and localized services.

Customer Base Growth

FXTM has attracted over 4 million clients globally, reflecting its popularity and the trust placed in the brand by traders. The company has seen consistent growth in its customer base, with thousands of new traders joining each month.

Platform Development History

FXTM offers its clients access to two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The company has continually updated its platforms to incorporate advanced trading tools, enhancing the user experience and providing traders with the resources they need to succeed.

Important Awards or Recognitions Received

FXTM has received numerous awards since its establishment, recognizing its excellence in trading services, customer support, and educational resources. The company has won over 25 industry awards, highlighting its reputation as a leader in online trading.

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Trading Services Offered

Forex Trading Options

FXTM provides a comprehensive selection of forex trading options, offering over 70 currency pairs. This extensive range allows traders to diversify their portfolios and take advantage of various market conditions.

Stock Trading Options

In addition to forex, FXTM offers access to a wide array of global stocks. Clients can trade shares from major companies, providing opportunities for investment in various sectors.

CFD Trading Products

FXTM is a prominent provider of Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. The company offers CFDs on various instruments, including forex, stocks, commodities, and indices.

Other Financial Instruments

FXTM also provides trading options for other financial instruments, including:

• Cryptocurrencies: Traders can access popular cryptocurrencies such as Bitcoin and Ethereum.
• Commodities: FXTM offers a variety of commodities, including precious metals like gold and silver, as well as energy products like oil.

Special Services or Unique Advantages

FXTM stands out in the competitive landscape due to its commitment to trader education. The company offers a range of educational resources, including webinars, seminars, eBooks, and articles, designed to help traders of all experience levels improve their skills.

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Regulatory and Legal Background

Detailed Regulatory Information

FXTM is regulated by multiple authorities, ensuring compliance with international standards. The regulatory bodies include:

• Cyprus Securities and Exchange Commission (CySEC)
• Financial Sector Conduct Authority (FSCA) of South Africa
• Financial Conduct Authority (FCA) of the UK
• Financial Services Commission (FSC) of Mauritius

This multi-jurisdictional regulation provides clients with confidence in the safety and security of their funds.

Legal Entity Structure by Region

FXTM operates through various legal entities depending on the region:

• ForexTime Limited (Cyprus)
• Exinity Limited (Mauritius)
• ForexTime UK Limited (UK)

Each entity is regulated by the respective financial authority, ensuring adherence to local laws and regulations.

Client Fund Protection Measures

FXTM implements stringent client fund protection measures, including:

• Segregation of client funds: Client funds are held in separate accounts from the company's operational funds.
• Insurance coverage: FXTM provides insurance for client funds up to $1 million, enhancing security and trust.

Countries/Regions Served

FXTM serves clients from over 150 countries worldwide, with a strong presence in Europe, Africa, Asia, and Latin America. This broad geographical reach allows the company to cater to a diverse clientele.

Compliance History

FXTM has maintained a strong compliance record since its establishment. The company adheres to the regulatory requirements set forth by the authorities in its operating jurisdictions, ensuring transparency and accountability.

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Competitive Landscape

3-5 Main Competitors

FXTM operates in a competitive environment with several key players. Some of its main competitors include:

• IG Group
• OANDA
• eToro
• XM
• AvaTrade

These companies also offer a range of trading services and have established reputations in the industry.

Positioning in the Industry

FXTM positions itself as a global leader in online trading, focusing on providing exceptional customer service, educational resources, and a wide range of trading instruments. The company aims to cater to both novice and experienced traders, offering tailored solutions to meet their needs.

Market Differentiation Factors

FXTM differentiates itself through several key factors:

• Comprehensive Educational Resources: FXTM offers extensive educational materials to help traders improve their skills and knowledge.
• Regulatory Compliance: The company is regulated by multiple authorities, providing clients with confidence in its operations.
• Diverse Range of Instruments: FXTM offers a wide array of trading options, including forex, stocks, CFDs, and cryptocurrencies, catering to various trading preferences.
• Customer Support: FXTM provides dedicated customer support in multiple languages, ensuring that clients receive assistance whenever needed.

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In conclusion, FXTM has established itself as a prominent player in the online trading industry. With a strong regulatory framework, a diverse range of trading services, and a commitment to customer education, the company continues to attract a growing number of traders worldwide. For those interested in exploring FXTM's offerings further, learn more about the various trading options and resources available.