ForexTime (FXTM) Revealed: Insider Information
One of the special features of ForexTime broker that we are going to tell you about today is its customer focus. The company is regulated by several reputable financial authorities, including CySEC and the FCA, which ensures a high level of security for traders.
On this site you will find the tools and resources you need to get started in trading. From trading and analytical tools to educational resources and a wide base of traders. The convenience of working with the broker is ensured through multiple platforms, including the popular MetaTrader 4/5, as well as the proprietary FXTM App. This allows traders to stay in touch with the market anytime, anywhere.
FXTM Portfolio Options and Investments
Investment Options Available at FXTM
ForexTime offers a wide range of trading instruments to suit the needs of both novice and experienced traders.
- The core of the portfolio consists of currency pairs. Of the more than 60 pairs available, there are majors, crosses, and exotics.
- FXTM offers access to CFDs on shares of the world’s largest companies, indices of the leading stock exchanges and commodities, including oil, gold and silver.
- For traders interested in cryptocurrencies, FXTM offers CFDs on bitcoin and other popular altcoins.
- Specialized markets include precious metals and energy trading, allowing you to diversify your investment portfolio.
FXTM Copy Trading and Signal Services
FXTM Copy Trading. One of the most innovative features in the Forex market that simplifies trading and helps beginners improve their skills is copy trading. This tool is also useful for investors who do not have the time to constantly monitor the market and analyze data. On the FXTM copy trading platform, the process is very simple and does not require any special skills. All you need to do is choose a strategy that suits your goals and risk level, and the system will automatically replicate the trades of the selected trader in your account.
FXTM Signals. The Forex market is characterized by the fact that data on trading instruments changes every second. In order not to miss favorable conditions for opening and closing trades, buying or selling, you need to use special FXTM signals. These signals can include market entry recommendations, stop loss and take profit levels. The benefits of using signals include obtaining expert opinions, saving time on analysis and potentially improving trading results.
For your convenience, access to copy trading and signals is integrated into the FXTM app, allowing you to manage your investments and receive real-time alerts directly from your smartphone.
Forextime calculators
One of the advantages and strengths of the broker is a set of ForexTime calculators for budgeting, analyzing and planning trades.
Calculator | Description | Benefits |
Forextime converter | Allows you to instantly calculate exchange rates for major currency pairs. | Up-to-date real-time rates, easy-to-use interface for quick calculations. |
Margin Calculator | Helps determine the margin required to open positions, taking into account leverage. | Accurately calculate the required deposit, avoid margin calls. |
Pips Calculator | Calculates potential profit or loss in pips before opening a trade. | Estimates risks and potential profitability, helps to set stop-loss and take-profit. |
FXTM Profit Calculator | Determines the financial outcome of a position under different price movement scenarios. | Plan trading strategies, analyze potential outcomes of a trade. |
Invest Profit Calculator | Special tool for FXTM copy trading users. | Evaluate the effectiveness of copied strategies, calculate potential return on investment. |
Calculators help traders improve the accuracy of trading decisions when allocating the buy/sell budget. In addition, the use of this tool improves the understanding of market mechanics and risk management principles. They are particularly useful for novice traders, who can take advantage of the FXTM Welcome Bonus to test these calculators in real market conditions.
FXTM Leverage Options
FXTM’s leverage conditions are among the best among Forex brokers. The maximum limit reaches up to 1:3000. However, this number may vary depending on various factors that the broker takes into account. Key advantages offered by the broker to its clients.
- Depending on the type of account and instrument traded.
- Depending on your knowledge, skill, and experience in trading.
- The amount of leverage available may depend on regulatory requirements in different countries.
For example, for currency pairs, FXTM offers leverage of up to 1:1000, which is particularly attractive to aggressive traders. However, for equity and index CFDs, maximum leverage is usually limited to 1:20 or 1:10, reflecting the higher volatility of these instruments.
Commissions and trading conditions on FXTM
ForexTime offers competitive trading conditions tailored to different trading styles. Spreads and commissions vary depending on account type and instrument traded.
Compare trading conditions for different account types:
Account Type | Min. deposit | Spreads | Fees | Features |
Advantage Account | 200 USD | From 0.0 pip | Minimum commission 0.01 USD, otherwise depending on the trading instrument | One of the narrowest spreads, but a certain commission is charged for the use of various instruments. For example, 3.5 USD per lot traded on FX. |
Advantage Stocks Account | 200 USD | From 6 pips | No | Trading instruments only shares, so ideal for focused investors. |
Advantage Plus Account | 200 USD | From 1.5 pips | No | Low spreads, for active traders |
Demo – Account | 0 | Corresponds to real accounts | No | Virtual funds for risk-free practice, ideal for beginners and strategy testing |
FXTM Invest | 100 USD | Depends on strategy | Depends on strategy | For copy trading |
FXTM Trading Malaysia and other regional offices may offer special conditions that take into account local market specifics. For example, the FXTM Welcome Bonus may be available to new clients in certain regions, providing additional funds to start trading.
FXTM Trading Platforms Overview
ForexTime offers traders access to several advanced trading platforms, each optimized for different trading styles and user preferences. Key options include a web-based platform, a mobile app, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
Platforms | Characteristics |
FXTM Web Platform | FXTM’s web-based platform offers an intuitive interface accessible from any browser without the need to install additional software. It includes advanced graphical tools, fast order execution and access to key market analytics. |
FXTM app | The app is available for iOS and Android and provides full trading functionality including order placement, position monitoring and access to FXTM signals. Integration with biometric authentication provides an additional level of security. |
MT4 and MT5 platforms by FXTM | MT4 remains a popular choice among forex traders due to its stability and wide range of indicators. MT5 offers additional tools such as a built-in economic calendar and advanced backtesting capabilities. |
FXTM also offers educational resources and video tutorials for each platform to help new users get up to speed quickly. Regular updates and enhancements ensure that the platforms meet today’s trading needs, including support for high-frequency trading and complex algorithmic strategies.
Open an account and start trading
To start trading with ForexTime you need to follow 5 simple steps.
- Visit the official FXTM website and click on the “Open an Account” button. Fill out the sign up form with basic information about yourself.
- Choose the appropriate account that best suits your trading goals and experience.
- Use one of the available methods to fund your trading account. After funding your account, perform a Forextime login to the trading platform. You can use the web version or download the FXTM app for mobile trading.
- Decide which assets you would like to trade. Also customize the platform to suit your trading strategy.
- When you are ready, place your first trade. Don’t forget to use risk management tools such as Stop Losses.
FAQ
Yes, ForexTime offers demo accounts to practice trading without risking real money. You can open a free demo account on the FXTM website and use it to test strategies and familiarize yourself with the platform.
FXTM offers mobile apps for iOS and Android that allow you to trade and manage your account from your mobile device. They have the same features as the desktop version. If you do not wish to download the FXTM app, you can try the mobile web version.
FXTM offers a variety of deposit and withdrawal methods, including wire transfer, credit/debit cards, and electronic payment systems. Specific terms and conditions, including minimum amounts and processing times, may vary depending on the method and account type selected.