This includes news headlines stream from ForexStreet while offering MT4 and MT5 web. Please keep in mind, however, that this can only be used when you register an ECN Zero account through the myFXTM portal. The https://forexhero.info/ broker provides traders you with convenient access to trade the markets, including CFDs on forex, stocks, cryptos and commodities. I found them to have a good selection of trading instruments to choose from.
FXTM Mobile App
Clients can access 48 Forex pairs, 3 Spot Metals and 14 Spot CFDs on the broker’s MetaTrader 4 software and 33 Forex pairs and 2 Spot Metals on its MetaTrader 5 platform. They also host various Demo and Live trading competitions that have substantial cash prizes. In addition to the trading signals available within the Metatrader community, FXTM offers their own auto trading features using FXTM Invest. FXTM Invest features over 750 strategy providers that a trader can follow and copy signals from.
- It’s our aim to make sure our clients enjoy a hassle-free experience with us.
- For traders looking for the best MT4 experience, this list of top MT4 brokers might be helpful.
- Out of all the accounts FXTM offer, this would most likely be the preferred choice for professional traders, institutional traders and hedge fund managers.
- FXTM traders are well-protected against theft of funds or data, though always be cautious when it comes to sharing personal information on the internet.
- Plus, they offer over wide range of trading instruments including 57 currency pairs, CFDs on Spot metals and Indices, share CFDs & cryptocurrencies too.
MetaTrader 4
Platform tutorial videos – There are various tutorial videos on how to use the MT4 trading platform. On the individual stock side, there are 50 European stock CFDs and 123 from the US, which again is far from a comprehensive offering. 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).
How much does FXTM charge for withdrawal?
I hope they resolve whatever issues they have in order to regain the trust of their customers. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Compare the markets and instruments offered by FXTM and its competitors. Please note, some markets may only be available via CFDs or other derivatives.
FXTM Offers The Choice Of MT4 or MT5 Trading Platforms
FXTM offers 16 payment processors, ensuring many localized options for its core markets. Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions. I want to stress once again that commission-free does not necessarily equal cheaper trading costs. Spreads are generally higher, often twice as high, than commission-based offers, and FXTM is no exception. I like the regulatory framework at FXTM, ensuring traders have access to competitive trading conditions and superior protection. FXTM is a member of the Honk Kong-based Financial Commission, where the Compensation Fund protects traders up to €20,000 per claim.
When trading on an FXTM Pro Account, you can be assured that you’ll never be re-quoted or charged a commission. Just direct access to deep pools of liquidity with absolutely minimal interference from FXTM. The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5. If you want to stick to MT4 and the massive back-library of custom indicators and EAs that have been developed for it, then you won’t have to worry about being forced to change by FXTM. If you’re someone who learns by visual means, then free forex webinars for FXTM traders will be of interest to you. New traders or those simply looking to learn new methodologies are well catered for, with a multitude of tutorials and articles throughout the website.
The trading markets include 1000+ financial instruments, and Forex products with over 50 currency pairs including attractive FXTM CFDs on Cryptocurrencies such as Bitcoin, ETH, Litecoin, and Ripple. Also, you may select spot metal CFDs, share CFDs on over 170 major companies, CFDs on Commodities, and CFDs on Indices. FXTM or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offering overall. The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading globe, regardless of the trader’s knowledge.
This fee will persistently be deducted from the balance until trading resumes or if there are zero remaining funds left in the account. Its popularity stems from how convenient it makes account management functions inclusive of making deposits or withdrawing earnings with immediate effect through this app’s straightforward design. With increased technical complexity, MetaTrader 5 surpasses its predecessor in capabilities. FXTM users fxtm forex broker review who utilize MT5 gain access to additional periods, indicators, and advanced charting tools ideal for conducting comprehensive market research. The trial period lasts for 30 days wherein users may delve into FXTM’s platforms and trading intricacies to become proficient in them. Yes, FXTM is regulated by various international authorities, including CySEC and the FCA, to ensure compliance with the highest regulatory requirements.
They also have the advantage of contacting support on the go using their mobile or tablet devices. For more experienced traders, an FXTM Pro account is also available on the ECN side with a minimum deposit of $25,000 with no commission and spreads as tight as 0 pips. The website places a heavy emphasis on education and customer care – this is a brand that takes its responsibilities to its customers seriously.
Furthermore, given the stature of FXTM in the broking industry, the absence of even a white labelled, in house trading platform is somewhat disappointing. With regard to fees from FXTM, there are varying fees dependent on the type of trading account that you decide to open. They offer 63 forex currency pairs, but only 8 commodities pairs, which actually number only two precious metals versus different currencies, Brent and Crude Oil plus Natural Gas.
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs. It is important to note that between 74-89% of retail investors lose money when trading CFDs.