FXTM (ForexTime)

EDUCATIONAL FOCUS
4.5/5 (756 reviews)
  • Competitive spreads
  • CySEC regulated
  • Multiple trading platforms
  • Educational resources
  • 24/7 customer support
  • $10 minimum deposit
1.3
Min Spread (pips)
$10
Min Deposit
1:1000
Max Leverage
60+
Currency Pairs

Basic Information

  • Company Name: ForexTime Limited
  • Website: fxtm.com
  • Founded: 2011
  • Headquarters: Limassol, Cyprus
  • Operating Period: 14+ years
  • Contact Number: +357 25 777 100

Regulation & Licensing

  • Primary Regulator: CySEC (Cyprus Securities and Exchange Commission)
  • License Number: 185/12
  • Additional Licenses: FCA (UK), FSCA (South Africa)
  • Registered Region: European Union, United Kingdom, South Africa
  • Client Fund Protection: Segregated accounts with tier-1 banks

Real-time Spreads

Currency Pair Standard Account Cent Account ECN Account
EUR/USD 1.3 pips 1.3 pips 0.1 pips*
GBP/USD 1.8 pips 1.8 pips 0.3 pips*
USD/JPY 1.5 pips 1.5 pips 0.2 pips*
AUD/USD 1.6 pips 1.6 pips 0.3 pips*
*Plus $2 commission per side

Related Software

  • MetaTrader 4: Desktop, Web, and Mobile versions
  • MetaTrader 5: Advanced multi-asset platform
  • FXTM Trader: Proprietary mobile trading app
  • PAMM System: Money management platform
  • Copy Trading: Social trading solution

Environment

  • Execution Model: Market Maker and ECN/STP
  • Order Execution: Average execution time under 300ms
  • Account Types: Micro, Standard, ECN Zero, Shares
  • Trading Hours: 24/5 for Forex, extended hours for stocks
  • Available Instruments: 250+ trading instruments

Pros and Cons

Pros
  • Low minimum deposit ($10)
  • Comprehensive education
  • Multiple account types
  • Strong regulatory framework
  • Copy trading available
  • Negative balance protection
Cons
  • Higher spreads than ECN brokers
  • Limited cryptocurrency offering
  • Withdrawal fees on small amounts
  • Some regional restrictions

Overall Rating

4.5/5

Based on 756 reviews

Regulation 4.7/5
Education 4.8/5
Platforms 4.5/5
Support 4.4/5
Spreads 4.2/5

Contact Information

  • Phone: +357 25 777 100
  • Email: [email protected]
  • Live Chat: Available 24/7
  • Languages: 15+ languages supported

Related Enterprises

  • Exinity Limited (Parent Company)
  • FXTM Global Markets
  • ForexTime Investment Services

Company Summary

FXTM (ForexTime) is an award-winning international forex broker that has been serving traders worldwide since 2011. Known for its commitment to education and client support, FXTM has built a strong reputation in the retail forex trading space.

The broker is regulated by several top-tier authorities including CySEC in Cyprus, FCA in the UK, and FSCA in South Africa, ensuring comprehensive client protection and regulatory compliance. FXTM offers a wide range of trading instruments including forex, commodities, indices, and shares across multiple asset classes.

One of FXTM's key strengths is its focus on trader education, offering comprehensive educational resources, webinars, market analysis, and trading tools. The broker provides multiple account types to suit different trading styles and experience levels, from micro accounts for beginners to ECN accounts for advanced traders.

FXTM's trading platforms include MetaTrader 4 and 5, along with proprietary mobile solutions. The broker also offers PAMM (Percentage Allocation Management Module) services and copy trading solutions for those interested in social trading.

With multilingual support available 24/7 and a strong focus on customer service, FXTM continues to be a popular choice among retail forex traders, particularly those seeking educational support and reliable trading conditions.

Marketing Strategy

FXTM employs an education-focused marketing strategy that emphasizes:

  • Educational Leadership: Comprehensive trading education and market insights
  • Accessibility: Low minimum deposits and multiple account types
  • Global Presence: Multilingual support and international marketing
  • Technology Innovation: Mobile-first approach and platform development
  • Community Building: Social trading features and trader communities