Online Trading Broker FXTM Global

The group’s global network of offices and regulations spans Europe, Africa, Asia and Latin America, and we have already attracted over 3 million clients across 180 countries. Choose MetaTrader4 or MetaTrader5 on mobile, desktop or web, and enjoy trading with superfast trading execution. We serve a global audience from close to 200 countries, with a global network of offices, spanning Europe, Africa, Asia and Latin America. Empower your trading with essential skills through our comprehensive online resources. Learn to trade at your own pace with our free educational resources.

One big downside though, is that this broker does not accept EU retail customers anymore. If you have experience trading with FXTM please share xcritical scammers your personal review of the broker and what you think are strong and weak points. For example, the forex market in London is active from 3 AM to 12 noon; in New York it’s 9 AM to 5 PM; in Sydney it’s 5 PM to 2 AM, and the Tokyo market is open from 7 PM to 4 AM (all times GMT). Additional security settings, such as two-factor authentication (2FA) and one-time passwords (OTPs), can be added to FXTM platforms.

Minimum deposit requirements vary by account type, the lowest being $50. Whether you’re a trading beginner, a market expert or a long-term investor interested in stocks – you’ll find the trading account that’s right for you. We’re regulated in multiple jurisdictions and offer full segregation of funds for retail clients. Wherever you are in the world, we hold your funds with top tier banks, fully segregated from assets of the firm. To help you get started or improve your trading skills, we offer education for beginners and advanced traders in a variety of formats. To get started or improve your trading skills, we offer education for beginners and advanced traders in a variety of formats.

Additionally, clients can make use of MT4 forex trading indicators such as the pivot point indicator, spread indicator and the real-time day bar info indicator. FXTM withdrawals can be made via the same payment methods as deposits. xcritical All transfers are processed during standard business hours, Monday to Friday, although the time to receive funds back to the original account will vary.

TRADING BASICS

This comes as a top trading platform that has been around for many years offering the very best in trading experience and customizability beyond all others. It is perfect if you are focused on a longer term investment and you can also buy fractional stocks here so it is very accessible. This service though is not available if you are trading through the EU or UK entities of the broker. There are no withdrawal fees to worry about if you are withdrawing to an eWallet. If you are withdrawing to a debit or credit card then there will be a fixed commission of 2 EUR, 3 USD, or 2 GBP depending on your base currency.

1. FXTM Invest is a type of copy trading service provided by the broker.
2. As expected from such a major broker, there are numerous positive points to consider.
3. FXTM also applies a $5 per month inactivity charge after six months of account dormancy.
4. Crucially, the broker has regulatory oversight across all jurisdictions where it operates.
5. Learn to trade at your own pace with our free educational resources.

Trading Hours

FXTM investors should feel confident that trading opportunities are not halted while on the move. MetaTrader 4 offer a mobile-compatible app, available for free download to iOS and Android (APK) devices. In addition, a professional account is open to those that meet eligibility requirements. FXTM may offer a reduced leverage ratio based on individual experience, previous trading record, degree of customer loyalty and various other factors.

You can trade real stocks on the MT5 platform with the Advantage and Advantage Plus accounts. FXTM works to offer some of the best copy trading services in the industry through their FXTM Invest platform. Here you can choose from hundreds of quality signal providers who are FXTM traders also known as strategy managers to copy. First off, you will find a quite limited range of assets available to trade, particularly for such a popular broker choice.

The broker utilizes in-depth fundamental and technical analysis to highlight potential market opportunities from Canada, Indonesia, India, Malaysia, Nigeria and beyond. You can view this information via several sources including podcasts, illustrated economic calendars, Twitter posts and videos. In addition, the customer support team is available to answer trading queries, provide platform help and give extra guidance. Users can manage accounts, open and close positions, check live global pricing and view charts while on the go. All the tools, features and functionality found on PC devices can be used within a sleek, intuitive yet portable design.

What Is The Minimum Deposit For An FXTM Trading Account?

They are also very fast to open, with only a few basic personal details, a valid phone number, and email address required. The minimum deposit at $10 is also one of the lowest around even though it is higher for the Advantage account types. With FXTM, scalping, hedging, and algo-trading are all permitted. It can be used via all major web browsers, dowloaded to desktop or used on mobile devices. Alternatively, the broker has FXTM Trader, an all-in-one investment app.

One of the great key points in regard to FXTM is the fact they offer very low minimum deposits. These start from just $10 on the Micro account type, and $200 on Advantage and Advantage Plus accounts. FXTM invest is also available with this account type if you are using the MT4 trading platform while the spread on trading here starts from 1.5 pips. Another key advantage is the fact spreads remain so low here. As a copy trader, you will also be glad to find the FXTM proprietary copy trading platform available. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

Trade on MetaTrader – one of the most popular trading platforms in the world. The information you will receive can include a price target displaying both support and resistance levels as well as 4 identified take profit levels and a stop loss level. Moving on to the trading platforms you can expect to see, here is a lowdown on exactly what is available from FXTM in that respect. Stocks form a large part of the FXTM offering with more than 190 available on both the NYSE and NASDAQ exchanges.

The overnight fee is the fee which you incur for holding a position overnight which is charged at the closing hour of the market. This fee is charged on the majority of assets with the broker since they are a CFDs broker. There are several deposit methods you will find available when trading at FXTM. This includes wire transfers, credit/debit cards that are Visa, MasterCard, or Maestro, and a range of eWallets including Skrill and Neteller.