FXTM (ForexTime) Basic Information
| Broker Name | FXTM ; ForexTime |
| Established | 2011 |
| Head office address | 35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol |
| Listed or not | X |
| Language | Chinese, English, Spanish, Korean, Arabic, French, etc. |
| Regulatory license | UK FCA, Cyprus CySEC, Mauritius FSC, etc. |
| Instrument | Forex, Metals, Commodities, Indices, Stocks and Stock CFDs |
| Trading platform | MT4, MT5, Web Trader, FXTM trading app |
| Account type | Advantage Account , Advantage Plus Account, Micro Account, Demo Account |
| Max leverage | 2,000 times |
| Spread | Advantage Plus：EUR/USD: 1.0 pip, Gold: 4.0 pips Advantage：EUR/USD: 0 pips, Gold: 1.6 pips |
| SWAP | O |
| Commission | Depending on the type of account |
| Inactivity Fee | O |
| Min deposit | Micro：$50 USD Advantage Plus：$500 USD Advantage：$500 USD |
| Margin call ratio | Micro：40% Advantage Plus：50% Advantage：50% |
| Min lot size | 0.01 lots |
| Max lot size | 100 lots |
| Order limit | Micro：300 Advantage Plus：X Advantage：X |
FXTM (ForexTime) Scam?
On the internet, you will see negative comments about FXTM being a fraudulent platform or not being able to withdraw funds.
But in fact, well-known brokers such as IG, Charles Schwab and OANDA who have been in business for more than 20 years will also have similar negative comments.
I believe that most of the investors who have been defrauded have done so by using fraudulent platforms posing as these brokers.
Therefore, investors should always trade on a legitimate and official platform. Don't believe those fraudulent platforms that claim 100% profit.
FXTM (ForexTime) Regulatory Licenses
In order to provide financial services globally, large overseas brokers will set up multiple companies and use that entity to apply for/hold financial licenses.
FXTM also has multiple regulatory licenses that are held by different principal companies, which does not affect the service provided to clients.
| Company Name | Regulatory Authority | License No. |
| Exinity UK Ltd | FCA | 777911 |
| ForexTime Limited | FSCA | 46614 |
| Exinity Limited | FSC | C113012295 |
| ForexTime Limited | CySEC | 185/12 |
FXTM (ForexTime) Features
2,000x trading leverage
FXTM offers traders up to 2,000x leverage, one of the highest among forex brokers.
Some people say that "high leverage is also high risk", but this may not be entirely true. As long as you manage your capital well, high leverage can be the strongest investment partner.
Multiple reliable regulatory licenses
FXTM holds a number of regulatory licenses, including:
- FCA (UK Financial Conduct Authority)
- CySEC (Cyprus Securities and Exchange Commission)
- FSCA (Financial Sector Conduct Authority of South Africa)
- FSC (Mauritius Financial Services Commission)
Among them, the FCA is considered to be the strictest regulatory body in the world, so holding an FCA license proves that FXTM is a proper broker.
Customer funds segregation
Like most formal brokers, FXTM keeps its clients' funds separate from the company's operating funds and deposited exclusively with the world's top banks in order to ensure the safety and security of its clients' funds.
In addition, if a dispute arises between the investor and the broker, the investor is entitled to up to €20,000 in compensation.
FXTM's copy trading system
FXTM provides a system for novice investors who are not good at analyzing or don't have the time.
Simply choose a master trader that suits your needs and follow their trading strategies so that you can trade quickly and easily.
Diverse trading instruments
FXTM offers a wide range of trading products including foreign exchange, precious metals, stock indices, commodities, individual stocks and individual CFDs.
One of the best features of the MT5 platform is that investors can trade both unleveraged individual stocks and leveraged individual stocks CFDs on the MT5 platform.
Free Trading Tools
FXTM provides free trading indicators and signals.
Register for an FXTM account and get free access.
Product types & trading leverage
FXTM (ForexTime) trading instruments
FXTM offers over 1,000 commodities.
| Forex | O |
| Precious metals | O |
| Oil | O |
| Index | O |
| Stocks | O |
| Stock CFD | O |
Trading product leverage & margin ratio
FXTM offers tiered leverage/margin.
Simply put, as the position increases, the leverage decreases.
Forex
EUR/USD：Leverage 2,000:1, Margin Rate 0.05%
GBP/USD：Leverage 2,000:1, Margin Rate 0.05%
USD/JPY：Leverage 2,000:1, Margin Rate 0.05%
Commodities
XAU/USD：Leverage 2,000:1, Margin Rate 0.05%
WTI：Leverage 500:1, Margin Rate 0.2%
BRENT：Leverage 500:1, Margin Rate 0.2%
Index
S&P500：Leverage 500:1, Margin Rate 0.2%
Nas100：Leverage 500:1, Margin Rate 0.2%
DJI：Leverage 500:1, Margin Rate 0.2%
Stock CFD
APPLE：Leverage 5:1, Margin Rate 20%
TESLA：Leverage 5:1, Margin Rate 20%
Google：Leverage 5:1, Margin Rate 20%
Note: Brokerage firms may adjust the leverage of certain trading categories according to market fluctuations. It is recommended to check the broker's official website or email notification regularly.
FXTM (ForexTime) Trading Platform
FXTM offers the most common MT4 and MT5 trading platforms, as well as proprietary App trading software.
- MT4
- MT5
- Web Trader
- FXTM trading app
Introduction to FXTM's Trading App
The FXTM Trading App is a software that allows investors to manage their trading accounts seamlessly on mobile devices. Currently, the app is only compatible with MT4, meaning it cannot be used for MT5 accounts, which results in a more limited range of trading instruments.
However, the app allows users to quickly perform operations such as depositing funds, internal transfers, and switching trading accounts, making it very convenient to use. The app is available for both iOS and Android systems; investors simply need to open an FXTM trading account and download the app to start using it.
How to Download the App:
- Official FXTM Trading App Page
- MyFXTM > My Platforms > Download Platforms
- Search for FXTM on the App Store or Google Play
FXTM (ForexTime) Trading Account
Advantage
Spreads are extremely low and the cost structure is spread plus commission.Lowest Cost Account Types
Applicable user：Advanced trader
Supported platform：MT4,MT5,FXTM trading app
Trading leverage：Up to 2,000x ; Variable
Trading spread：Super low spread
Commission：Available ($0.40 USD to $2 USD per 100,000 nominal trading volume)
Trading commodities：All individual stocks and stock CFDs can only be traded on MT5.
Margin call ratio：50%
Min deposit：$500 USD
Advantage Plus
Equivalent to a standard account, no commission fees.
Applicable user：Beginner/Advanced trader
Supported platform：MT4,MT5,FXTM trading app
Trading leverage：Up to 2,000x ; Variable
Trading spread：Low spread
Commission：Only the cost of the spread is not commissionable
Trading commodities：All individual stocks and stock CFDs can only be traded on MT5.
Margin call ratio：50%
Min deposit：$500 USD
Micro
Applicable user：Beginner trader
Supported platform：MT4,FXTM trading app
Trading leverage：Up to 1,000x ; Fixed
Trading spread：Low spread
Commission：Only the cost of the spread is not commissionable
Trading commodities：Forex,Precious metals,Commodities
Margin call ratio：40%
Min deposit：$50 USD
FXTM (ForexTime) Deposits and Withdrawals
FXTM supports a variety of deposit and withdrawal methods, including credit card, bank wire transfer, Skrill, Neteller, GooglePay and cryptocurrency.
A credit card is often recommended for newly registered investors as it allows for instantaneous billing.
FXTM (ForexTime) Deposit
Credit Card (Visa/MasterCard)
Processing time：Instantly
Fees：No
Min amount per deposit：$50 USD
Max amount per deposit：$15,000 USD
Bank wire transfer (online banking)
Processing time：2-5 working days
Fees：Bank charges
Min amount per deposit：$100 USD
Max amount per deposit：No limit
E-wallets (Neteller/Skrill)
Processing time：Instantly
Fees：No
Min amount per deposit：$50 USD
Max amount per deposit：$20,000 USD
GooglePay
Processing time：Instantly
Fees：No
Min amount per deposit：$50 USD
Max amount per deposit：$15,000 USD
Cryptocurrency Wallet
Processing time：24 hours
Fees：No
Min amount per deposit：$50 USD
Max amount per deposit：$50,000 USD
These fees will vary depending on the withdrawal method.
FXTM (ForexTime) Withdrawals
Credit Card (Visa/MasterCard)
Processing time：2-5 working days
Fees：X
Min amount per withdraw：$50 USD
Max amount per withdraw：$15,000 USD
Bank wire transfer (online banking)
Processing time：2-5 working days
Fees：Bank charges
Min amount per withdraw：Above the transaction fee amount
Max amount per withdraw：No limit
E-wallets (Neteller/Skrill)
Processing time：2-5 working days
Fees：X
Min amount per withdraw：$50 USD
Max amount per withdraw：$20,000 USD
Cryptocurrency Wallet
Processing time：24 hours
Fees：X
Min amount per withdraw：$50 USD
Max amount per withdraw：$50,000 USD
The above deposit and withdrawal information comes from the official website, the deposit and withdrawal methods and the amount may be subject to change.
Please check with customer service for the latest rules.
Who is FXTM (ForexTime) suitable for?
For those who are unfamiliar with technical analysis: use a follow-the-sun system with a micro-account.
Investors with large amounts of capital: choose an account with extremely low spreads.
Investors who specialize in U.S. stocks: choose to trade U.S. stocks with no leverage and no commissions.
FXTM History
2011
FXTM was founded
2012
Obtained CySEC regulatory license from Cyprus
Obtained FSC regulatory license from Mauritius
2015
Most Trusted Forex Broker
2016
Obtained the South African FSCA regulatory license
2017
Sponsor of the F1 team – Sahara Force India
Forex Broker of the Year
2018
Obtained UK FCA Regulatory License
2020
Founded Exinity Group
Best Trading Experience Award
Best ECN Broker
2022
Most Trusted Forex Broker
Best Mobile Application
FXTM (ForexTime) Registration Process
1. Proof of identity and address
2. Email address for registration
3. Phone number for registration
Visit the official website & open an account
Visit the official website and click on the "Open Account" button at the top of the page.
Fill in basic information
Choose your country of residence
Enter Email for registration
Set password
Select Account Type
Choose to open a demo account or a real account.
Verify Information
Verify email information
Verify cell phone number
Verify personal information
Name must be in English
The address must match the proof of address provided
Fill in verification details
Fill in employment status
Fill in the amount of income
Fill in your trading experience
Fill in the income sources
Upload proof of documents
Complete the above steps and upload proof of identity and proof of address.
The verification process usually takes 1-2 days and you will receive a successful verification email.
FXTM (ForexTime) Summary
FXTM is an overall trustworthy and secure Forex and CFD broker. The platform offers a wide range of trading instruments and supports leverage of up to 2,000x, making it particularly attractive to highly leveraged investors. In addition, FXTM is certified by several regulatory bodies to ensure the safety of funds. FXTM's platform includes MT4, MT5 and proprietary trading applications to meet the needs of different investors.
- Offers up to 2,000x leverage
- Regulated by multiple authorities, including the UK's FCA
- Provide FXTM copy trading system
- Offers commission-free, non-leveraged stock trading