Is FXTM a Scam? While the FCA and CySEC regulated branches have decent reputations, many clients claim to have been scammed by the Mauritius international branch. Clients say they FXTM – Is it scam or safe? FXTM, which stands for ForexTime, is a trading name of the Cypriot company ForexTime Limited. It is authorized and regulated by the Cyprus Securities Let’s get straight into the FXTM review and the most important thing to consider before you potentially start trading with any broker, is FXTM a scam or not. FXTM have a solid history, So, the broker has so many bodies to regulate its working and make the broker a legitimate one to trade with. Therefore, FXTM broker is not a scam. FXTM Review: Trading Account Types. FXTM or ForexTime was founded in and is a global CFD and FX broker. It is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the ... read more
FXTM is a leading Forex and CFDs trading platform founded in It is regulated by many authorities around the world and considered to be one of the most secure thanks to its top-tier FCA regulation. On this FXTM review we will analyse the trading platform, its free demo account, fees and commissions, account types and the FXTM minimum deposit.
The broker Forextime is regulated to operate all over the world. It can accept clients from Europe, Latin America, Australia, New Zealand, Africa and Asia.
Users coming from the following countries are banned by this broker: USA, Canada, China, Japan, North and South Korea. This is because the broker has yet to obtain the license to operate in those countries, but they should be obtained in the near future.
FXTM or Forextime is not a scam. The company is regulated and totally safe to trade with. To enter into details, the broker has got several licences from different regulation authorities. The broker is also regulated in the local regulation authorities of the following countries: Germany, Italy, France, Spain, Norway, Slovenia, Latvia, Denmark, Netherlands, Hungary, Slovakia, Malta, Czech Republic, Lithuania, Estonia, Finland, Austria, Poland.
This shows how FXTM is a legit and safe broker to trade with. The company was founded in and after that became one of the global leaders for the Forex industry. Since its launch, the platform has won more than 25 awards such as, best trading platform, best Forex broker and best customer support. Open an Account. It is also possible to trade using the Metatrader 4 software. This is the most professional trading software that all professional traders use.
The mt4 is available on desktop version and on App version too. You just need to connect your trading account with the App or software. All the details will be given by the broker. FXTM has also a free demo account for all new traders. This is a very useful feature, especially for beginners who want to learn how to trade and test their own strategies.
Finally, the brokers also provide some digital material and free educational courses to learn Forex trading and some video tutorials free and available to everybody. In this case we have to be more precise and say that the demo account offered is the MT4 standard demo account. In fact, the spreads and leverage of the FXTM demo are the same as the standard MT4 demo account.
The benefit of using a free demo account is that people can test their own strategies without the risk of losing any money. The amount of money offered on the demo account allows every user to open as many investments as possible, because the minimum trade is only 0,01 lots.
The demo is available on the App version and the web version too. In both, the amount of money, spreads and leverage are the same. The markets available on the demo account are the major currencies, major indexes and commodities. Once you open a real account, all the currencies, indexes, commodities and stocks will be fully available.
Trading with a demo account is always a good idea at the beginning. It helps to get used to the platform and the investments. The only thing to remember is that the virtual money is not able to be withdrawn. In terms of cryptocurrencies offered, the broker is seeking to extend the range of cryptocurrencies offered. At the moment, FXTM has only 4 cryptocurrencies available on its assets.
However, the choice of normal currency pairs, and stock CFDs is more extensive. All the main markets and leader companies are available. Compared to other platforms there is less choice, but if you are a beginner and want to trade on the top standard markets, you can be satisfied by the selection available. The broker offers a copy trading service among all its tools. Copy trading means that some traders can copy automatically the traders from more expert users.
The strategy managers are the professional traders other people can copy from. An investor is a normal trader willing to copy from the experts. Every Strategy Manager shows his trading performance, risk-win ratio, all-time performance publicly. This allows every trader to transparently decide who to copy based on their performance. Once the decision has been made, the copy trading tool will start its work and will copy automatically the trades opened by the strategy manager.
It is possible to start and stop to copy the trades at every moment. There is no restriction and the decision is solely up to the investor. The fees vary depending on the type of account you decide to open. There are ECN Accounts, MT5 Accounts and Standard Accounts. This type of account is commission free.
For EURUSD the spread is 0. This is the most convenient currency pair to trade because it means it is totally commission free. Comparing the other major currencies, as you can see on the table, the spread goes from 0,1 to 2,6. Eventually, FXTM education is one of the best we see in the industry, so this point is definitely well organized and highly recommended for your attention. What is more, Forex Contest is established by FXTM competition held regularly and is one of the ways to test strategy, polish skills and grow confidence.
For recently available contests check the official FXTM website. Concluding FXTM Review, FXTM gives a quality trading potential for both beginners and experienced traders or investors.
Moreover, there are other advantages with ForexTime too, the accounts variety is very impressive that allows any trader best suitable option either with flexible or floating leverage — leverage which determined based on the trader experience and knowledge, tight spreads from 0.
The worst broker that i ever seen very Unpolite support person as u see in the chart i sold gold by The founder of Alpari and FXTM companies and one of the main figures in the FX industry, Andrey Dashin, has revealed the changes that will refer to the both brands. He announced that the CEO of the FXTM, Olga Rybalkina, will become a minority shareholder of both Alpari and FXTM companies.
Rybalkina has an A few days ago an international online forex broker FXTM ForexTime has announced the appointment of Marcelo Spina as Global Head of Partnerships.
FXTM is an international online forex broker offering financial services in forex, CFDs on spot metals and CFDs on Commodity Futures, Indices and Shares. ForexTime Ltd provides its services to more than Forex broker FXTM has recently announced that it got a license from the Financial Services Commission FSC in Mauritius.
The FXTM brand is also regulated through the FCA, CySEC and the FSCA which are amongst the most stringently regulated financial authorities. FXTM holds the continual offering of excellent trading conditions at the heart of its Leading Forex broker FXTM has just announced that it has appointed Tan Chung Han Han Tan as a new Market Analyst of the FXTM Market Research team, with a focus on Southeast Asia SEA.
As a new member of the FXTM Market Research team, Han will act as the voice and face for the FXTM Rising demand for Forex, trading and investments itself, however, attracts numerous The Group joins just three other brokers who are regulated to offer trading services including forex to retail clients in Kenya.
FXTM, an Exinity Group company, announced the launch of 11 innovative new indices offering clients new ways to trade the FX majors and popular market sectors. The new products, promoted as new Currency and Stock Baskets, include six FX indices monitoring the performance of EUR, GBP, USD, JPY, AUD and NZD against baskets of other Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites.
The provided percentage shows the number I tried FXTM, good customer service however useless as they were not able to simply run MT5 on a mac and tried to solve the problem with really childish advice. So what all these good about this broker when you can not trade?? com employs scammers! Sad to say but they swindled me out of It was the shady way they both swindled me out of Can you imagine what a loss of this much money is at a time like this?
This is not the real FXTM website… I have been trade with them on and off for 5 years. I never have problem with withdrawal. Sou de Portugal, Europa CEE, posso abrir conta PADRÃO na FXTM com alavancagem de Forex1: Ouro e prata1: CFD1: Óleo1: Futuros1: Criptomoedas1: 3 agradeço a vossa melhor atenção celestino Amaro. In the beginning i was sceptic, as i was scammed a lot.
Online help was quite helpful and fast! i can definitely recommend FXTM. I just want to deposit money and track my account and profit on the account. Is this possible? Are you offering it to me?? Social trading In addition to its powerful functionality and clear ability to monitor the markets, the FXTM platform also enables automated trading which consists of automatically executing orders according to the implemented strategy. This option interests me GREATLY, because not being a tarding professional, I want to place 50, USD for 6 months as an investor and sign a performance contract for a specific amount with FXTM.
What should I do? what type of contract would you offer me? Dear sirs I am inexperienced but want to start forex trading. Which fully automatic robot or EA you recommend with yr accounts?
Awaiting yr reply to open account Thank you Emiel. Is it neccesary to pay that or i have the right to have my profit without paying it.
Need a good and reasonalble feedback from your management as im funding and trading my money to your company. I know this through Google search. Please once again, try to CONFIRM PLEASE. FOR ALL PLANNING TO TRY THIS! I have from what I thought was the the Real FXTM website and now someone from their support link is saying I have to pay to be given a swipe code to withdraw my money.
I was not informed about this and I have been unable to find any evidence to show that I have to pay this money to get out my remaining money.. Is there anyway to confirm if a website is legit? John Eric is a scammer they have a group name fxtm in telegram please avoid loses.
They will lock your account and will not help to withdraw the amount.. they ask money and charge bonus to withdraw they took my finance account and change everything in the name of getting more profit weekly. john Eric is a scammer. they also charge 25dollar for late withdrawal and will not be able to withdraw. The broker recently started offering commission free trading on over listed US Stocks. Many Crypto Currency pairs including; Bitcoin, Ethereum, or Litecoin are also available for trading at FXTM Global Limited.
ECN Advantage Plus account offers near-identical trading conditions as the ECN Advantage account, the biggest difference being that it comes with zero commission with wider spreads. Copy trading is available via their FXTM Invest, and they have strategy managers from around the world.
Naturally you can test out this broker with a free demo trading account. One of the most popular features that this broker offers is their copy trading. They offer Strategy Managers who allow other investors to copy their portfolio, and make money from their success. FXTM is a large and popular international Forex broker, with offices and local support in many countries including Nigeria, China, Malaysia and more.
FXTM, which stands for ForexTime, is a trading name of the Cypriot company ForexTime Limited. It is authorized and regulated by the Cyprus Securities and Exchange Commission CySEC and licensed by the Financial Services Board FSB of South Africa.
The company has a branch in the UK as well. Licenses allow it to offer financial services, including forex. However, there are some posts in forex forums that inform about poor customer service automated messages , negative slippage practices, stop-loss hunting and money withdrawal difficulties. If you feel frustrated by FXTM and have something to share with us, please fill in the form below, describing your case:. I fed my account with USD and I received an SMS from my HSBC account as a proof of this transaction.
As an enigma, this deposit was staying pending for the entire day. I immediately reported this to the chat person. So, this late transaction cost me USD2. They answered me they did nothing wrong. A legal way to steal money! Scamming tricks! This is a pure scamming broker! I have a micro account and they change my margin requirements non stop!
The spreads are big enough to bankrupt you. There are better brokers for your money! I experience big slippage and stop loss hunting all the time. Probbly they have illegal plugin for MetaTrader4 platform. Metaquote is not a reliable developer any more since they offer illegal plugins for manipulating! Beware of this scam company! These are the same scammers like Alpari! Stay away! They are the same cheaters just renamed some of them.
Alpari in painted hairs! I deposited money using my web wallet last month. This is a very reliable digital wallet but FXTM refused to fund my account.
I sent them a lot of mails confirming my deposit but they still refused to feed my account. Terrible disappointment. They offer fake quotes and EA can not deal with their fake market. They are dealing desk broker not NDD. Hey manipulate prices. Initially everything was OK. I opened my account because they offered starting bonus.
When I started trading however my account froze. They executed my stop loss and of course the market never been there. Just stay away from these scammers. Stop loss hunters! I deposited money in FXTM and to withdraw is impossible, run away from this broker, when i complaint to their helpline, no was able to help and the next thing my trading account is not working I can,t use my server, seems blocked.
Save my name, email, and website in this browser for the next time I comment. Is it scam or safe? Not Licensed Companies Revoked License Licensed Companies. Sign in. Log into your account. your username. your password. Forgot your password? Password recovery. Recover your password. your email. Get help. Forex Complains.
Home Is it scam or safe? FXTM — Is it scam or safe? Licensed Company. Reply Complains. I deposited USD25 by skrill but they said they never received the money. LEAVE A COMPLAINT Cancel reply. Please enter your Complaint! Please enter your name here. You have entered an incorrect email address! Forex Complains - Is Your Forex Broker A Scam? Is it Scam or Safe? CySEC and Triangleview Investments with a EUR 50, Settlement 0.
More Scam Sites Blocked by CONSOB 0. Australians Lost more than AUD 2 billion to Financial Fraud in 0.
Let’s get straight into the FXTM review and the most important thing to consider before you potentially start trading with any broker, is FXTM a scam or not. FXTM have a solid history, Is FXTM a Scam? While the FCA and CySEC regulated branches have decent reputations, many clients claim to have been scammed by the Mauritius international branch. Clients say they So, the broker has so many bodies to regulate its working and make the broker a legitimate one to trade with. Therefore, FXTM broker is not a scam. FXTM Review: Trading Account Types. FXTM or ForexTime was founded in and is a global CFD and FX broker. It is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the FXTM – Is it scam or safe? FXTM, which stands for ForexTime, is a trading name of the Cypriot company ForexTime Limited. It is authorized and regulated by the Cyprus Securities ... read more
Comparing the other major currencies, as you can see on the table, the spread goes from 0,1 to 2,6. FXTM's trading fees are low for forex, but average for CFDs. Disclaimer: from March , FXTM ends retail operations in the EEA, under CySEC regulation. FXTM Review: Trading Platform The online forex broker has the most preferred trading platforms, MetaTrader4 and MetaTrader5. The worst broker that i ever seen very Unpolite support person as u see in the chart i sold gold by Traders can have the following features with the MT5 trading platform: 30 plus languages Easily downloadable for all devices Broader access to financial markets Fundamental and technical analysis Automated trading Charts and patterns Multi-thread strategy tester Indicators Expert advisors Libraries Scripts 21 different time frames Real-time trading Moreover, traders can find a comparison of the two trading platforms with the broker. FXTM is based in Cyprus and was founded inThere is no minimum withdrawal using this platform. Moreover, traders can know the process of calculating the leverage with the broker. Trading with is fxtm a scam demo account is always a good idea at the beginning. This is due to the minimum position sizes that you can open with any broker, not exclusive to FXTM, is fxtm a scam, and actually make it hard for you to execute a trade that does not total your full account value. Are you offering it to me??