ForexTime (FXTM) Introduction

ForexTime, commonly known as FXTM, was established in 2011 and has quickly risen to prominence as a leading global online forex and CFD broker. The company's headquarters are in Cyprus, with additional offices in the UK, Nigeria, and other countries. FXTM is regulated by several reputable authorities, including the Cyprus Securities and Exchange Commission (CySEC), the UK's Financial Conduct Authority (FCA), and the Financial Sector Conduct Authority (FSCA) in South Africa.

Trading Instruments

FXTM provides a diverse range of trading instruments for its clients. This includes a wide selection of currency pairs, covering major, minor, and exotic pairs. The broker also offers CFDs on indices, commodities, stocks, and cryptocurrencies. Additionally, clients can trade precious metals such as gold and silver, which are often used as a hedge against currency volatility.

Trading Platforms

The broker supports the popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and advanced trading tools. FXTM also offers MetaTrader 5 (MT5), which provides additional features like more timeframes, technical indicators, and economic calendar integration. For mobile trading, the FXTM Trader App offers full account management and trading capabilities on the go.

Account Types

FXTM caters to a variety of traders by offering different account types. The Standard Account is ideal for beginner traders, offering fixed and floating spreads with no commissions. The Cent Account is suitable for small traders, allowing trading with micro-lots and lower deposit requirements. For more experienced traders, ECN Accounts provide access to the electronic communication network for tighter spreads and faster execution.

Education and Resources

The broker places a strong emphasis on trading education, offering a comprehensive education center that includes webinars, seminars, eBooks, and articles. FXTM also provides daily market analysis and forecasts from its expert analysts. Various trading tools are available, such as an economic calendar, trading calculators, and a currency converter.

Customer Support

FXTM offers multilingual customer support, available 24/5. Clients can reach out to the customer service team via live chat, email, or phone for assistance with their trading accounts or any inquiries they may have.