ForexTime (FXTM) review, also known as FXTM, is a platform that allows you to trade currencies online is a well-known forex broker worldwide, but especially among African traders. Founded in 2011, FXTM is governed by a number of tier-1 regulatory bodies including the UK FCA and CySEC Cyprus, making it the most reliable and secure option for forex traders.
The vendor not only provides a variety of trading tools, but also prioritizes entrepreneurship education and offers tons of educational resources including webinars, eBooks, and seminars.
Our team of industry experts has analyzed the various key features and forums offered to give you the FXTM update you need to determine the best trader for you.
Investor Protection and Regulations
FXTM can be said to offer the highest level of regulatory protection, making it a safe trader for forex and CFD trading. This claim is based on the fact that it is controlled by a few financial authorities and is therefore licensed in a number of areas. In addition to the United Kingdom FCA (Financial Conduct Authority), FXTM is also overseen by the Cyprus Securities and Exchange Commission (CySEC), the Mauritius Financial Services Commission (FSCA), and the Financial Sector Conduct Authority (FSCA). FSCA) Southern. Africa.
It can therefore be argued that FXTM is a really reliable and secure trader in order to provide the regulatory environment required by these monitors to comply with strict financial requirements, separate client funds from their own, and use anti-money laundering and know your client. Procedures and other measures aimed at protecting client vendors and their rights.
ForexTime (FXTM) Review, Pros
- Controlled sales firm
- 250+ trading instruments
- Various ways to finance a fast and easy account
- Multiple account types to choose from
- Strong spread and fast trading speed
- Mark free accounts
- $ 10 Minimum Deposit
- Advanced trading tools
- Large selection of teaching materials
- Customer support in multiple languages 24/5
ForexTime (FXTM) Review, Cons
- Unemployment pay
- No US clients
Some of the key features of ForexTime include:
- Low deposit
- Stream from 0 pips
- Copy Trading Service
- Popular service among algo traders
- Excellent customer service
- Access to MT4 and MT5 platforms
- Easy account opening
In addition to the above features, the ForexTime review also provides users with a standard demo account so they can customize the platform before investing any money. It is important to note that FXTM Europe only accepts professional clients from March 2021. As pro traders have sufficient experience, the FXTM demo account is not available to them.
FXTM Regulation
FXTM considers control and transparency to be the most important factor for internationally recognized licenses held in nature. ForexTime ensures to operate with the utmost integrity white complying with stick regulatory requirements. Strong control in many areas can help give clients peace of mind that they are using a reliable and transparent vendor.
Closing Remarks
FXTM is truly at the forefront of the research that it offers to its clients, as new features in the current market analysis are being added daily. Often by touching on aspects of technical analysis, these daily written pieces often focus on macroeconomic and/or political development and their impact on financial and commercial markets, thus allowing traders to make smarter trading decisions.
