FXTM

What is FXTM？

　　FXTM is a well-established brokerage based in Mauritius, regulated by both the FCA and CySEC, and has been in business for 10-15 years.

　　The broker offers a diverse range of tradable securities including forex, metals, commodities, stocks, indices, and cryptocurrencies. FXTM is known for its innovative services such as Copy Trading and Strategy Managers, which are part of their Ultimate Guide to Copy Trading.

　　They offer two main account types: Advantage and Advantage Plus, with high leverage options up to 1:2000. Trading can be executed on popular platforms such as MT4 and MT5, along with mobile trading capabilities.

　　FXTM also emphasizes educational support with resources including trading education, market analysis, and various guides. Customer service is robust, featuring 24/7 live chat and phone support.

Regulatory Status

　　United Kingdom Financial Conduct Authority (FCA):

　　The Financial Conduct Authority (FCA) in the UK regulates Exinity UK Ltd under license number 777911 since February 1, 2018. The FCA ensures the integrity of financial markets and oversees a range of financial services including Stocks,Options,Margin Loans, Futures. Exinity UK Ltd is located at 1 St. Katharine's Way, London.

　　Cyprus Securities and Exchange Commission (CySEC):

　　The Cyprus Securities and Exchange Commission (CySEC) supervises Forextime Ltd, which holds license number 185/12 effective from December 13, 2012. CySEC regulates various financial services like ETFs, Stocks,Securities Lending Fully Paid,Mutual Funds,Futures,Investment Advisory Service. Forextime Ltd is based in FXTM Tower, Kato Polemidia, Limassol.

Pros & Cons

　　Pros:

　　FXTM offers multiple trading platforms like MT4, MT5, and cTrader, and is regulated by several reputable authorities. The firm provides a broad range of tradable assets and diverse customer support options, including 24/7 live chat. It offers various account types and high leverage up to 1:2000.

　　Cons:

　　FXTM lacks asset or financial management services, which may deter those seeking various financial solutions. Additionally, customer support is limited as it does not include email, potentially restricting communication options for clients.

Tradable Securities

　　FXTM offers a diverse range of tradable securities tailored to meet the varied investment needs of its clients:

• 　　Forex (FX): FXTM provides access to the forex market, which is one of the largest and most liquid financial markets in the world. Traders can engage in currency trading involving major pairs like EUR/USD, minor pairs such as EUR/GBP, and exotic pairs like USD/ZAR. Forex trading is known for its high volatility and 24-hour trading opportunities, making it attractive for both new and experienced traders.

• 　　Metals and Commodities: Traders at FXTM can invest in precious metals including gold and silver, which are often considered safe havens during times of economic uncertainty. Additionally, the platform offers trading in a variety of other commodities, such as oil and natural gas, which are staples in the commodities market and can serve as a hedge against inflation or currency devaluation.

• 　　Stocks and Indices: This category allows clients to trade on the performance of individual stocks or entire indices, which can include major global markets like the S&P 500 or more niche sectors. Trading stocks and indices provides an excellent way for investors to gain exposure to different sectors of the economy and benefit from both the growth and earnings of companies.

• 　　Cryptocurrencies: With the growing popularity of digital currencies, FXTM offers trading in major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. This sector provides a modern investment avenue that taps into the potential high returns of digital currencies while also incorporating a level of risk management through established trading platforms like FXTM.

Services

　　FXTM offers a various range of services designed to meet the needs of diverse traders, enhancing their trading experience and offering innovative tools for investment management:

• 　　FXTM Copy Trading: This service allows less experienced traders to mirror the trades of more seasoned investors. It's an excellent way for new traders to learn strategies and gain confidence in their trading abilities without having to make all the decisions themselves.



• 　　Strategy Managers: FXTM provides a platform for traders who excel in their trading strategies to become strategy managers. These managers can earn additional income by allowing other traders to follow their trades, and they benefit from performance fees based on the profits they generate for their followers.



• 　　Ultimate Guide to Copy Trading: To support traders interested in copy trading, FXTM offers an extensive guide that covers the fundamentals and finer points of copy trading. This resource is invaluable for both new and experienced traders looking to either copy trades or provide trades for copying, ensuring they understand the risks and strategies involved.



Account Types

　　Advantage Account:

　　The Advantage Account targets active and high-volume traders by offering ultra-low spreads from 0.0 pips. It includes a commission structure that varies based on the trading instrument, ideal for those using complex strategies or automated trading systems. This account supports a wide range of instruments including FX, CFDs on indices, commodities, cryptocurrencies, and stock CFDs on the MT5 platform.

　　Advantage Plus Account:

　　The Advantage Plus Account suits traders who prefer simplicity, featuring zero commissions and starting spreads from 1.5 pips. This account is appealing to newer traders or those who trade less frequently, offering a straightforward cost structure. It provides access to the same trading instruments as the Advantage account, including additional access to stocks on the MT5 platform.



Leverage

　　FXTM provides high leverage options up to 1:2000 across both its Advantage and Advantage Plus accounts, allowing traders to maximize their trading potential with significantly less capital.

　　This level of leverage can amplify both gains and losses, making it a powerful tool for experienced traders who understand the risks and have strategies in place to mitigate them.



Commissions and Fees

　　Commissions:

　　FXTMs Advantage Account has a variable commission structure: $3.5 per lot for forex, $25 per million for spot metals, $35 per million for index and commodity CFDs, and 0.07% of the notional value for cryptocurrency CFDs. Stock CFDs incur a charge of $0.02 per side per lot, with a minimum fee of $0.01. This setup is optimized for active traders leveraging low spreads.

　　Spreads:

　　FXTM offers differing spread options across its accounts. The Advantage Account features competitive spreads starting from 0.0 pips, ideal for traders looking to minimize spread costs. The Advantage Plus Account, with no commissions, starts with spreads from 1.5 pips, simplifying cost management for less frequent traders or those new to the markets.



Platforms

　　FXTM offers a selection of advanced trading platforms designed to suit various trading preferences and strategies:

• 　　MetaTrader 4 (MT4): Widely acclaimed for its robust functionality, MT4 is a favorite among traders of all levels. It provides various tools and resources, including advanced charting capabilities, a wide range of technical indicators, and the ability to run automated trading systems through Expert Advisors (EAs). The platform is known for its user-friendly interface and strong analytical tools.



• 　　MetaTrader 5 (MT5): As the successor to MT4, MT5 offers all the admired features of MT4 but with additional capabilities such as more technical indicators, timeframes, graphical objects, and improved order handling for more trading strategies. It also supports trading in stocks and commodities alongside forex, providing a multi-asset platform.



• 　　Mobile Trading: FXTM also attracts traders on the go with its mobile trading platforms. These are available for both MT4 and MT5, allowing users to manage their accounts and trade directly from their smartphones or tablets. The mobile platforms offer a range of functionalities tailored to the needs of mobile users, ensuring a seamless trading experience even while away from the desktop.

Customer Service

　　FXTM provides dedicated customer support through its phone line at +44 20 3734 1025, where clients can access assistance for any trading-related queries or issues.

　　The support team is equipped to handle a wide range of inquiries, ensuring that traders receive timely and helpful service. This commitment to customer support is part of FXTMs overall strategy to ensure a high-quality trading experience for its users.



Educational Resources

　　FXTM offers a rich selection of educational resources aimed at enhancing the trading knowledge and skills of its clients. These resources include:

• 　　Trading Education: FXTM provides various educational material tailored for traders at all levels. This includes online webinars, seminars, trading articles, and ebooks that cover basic trading concepts, advanced strategies, and market analysis techniques.



• 　　Market Analysis: The platform delivers in-depth market analysis which is crucial for making informed trading decisions. This includes daily or weekly updates, insights, and forecasts from experienced market analysts, helping traders understand market movements and potential opportunities.

• 　　Top Guides: FXTM also offers a series of top guides that delve into specific areas of trading. These guides are designed to provide detailed explanations and practical advice on various aspects of trading, such as risk management, trading tools, and using technical indicators effectively.



Conclusion

　　FXTM is a well-regulated broker with a strong presence in the trading industry, offering a wide range of tradable securities including forex, metals, commodities, and cryptocurrencies.

　　It meets various trading preferences with platforms like MT4 and MT5 and provides educational resources to enhance trading skills. With services such as FXTM Copy Trading and different account options, it appeals to both novice and experienced traders.

FAQs

　　Question: What types of trading platforms does FXTM offer？

　　Answer: FXTM offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and mobile trading platforms.

　　Question: What kind of educational resources does FXTM provide？

　　Answer: FXTM provides trading education, market analysis, and top guides available through webinars, online articles, and e-books.

　　Question: What types of accounts can I open with FXTM？

　　Answer: FXTM offers several account types including the Advantage and Advantage Plus accounts.

　　Question: What is the maximum leverage offered by FXTM？

　　Answer: FXTM offers leverage up to 1:2000.

　　Question: How can I contact FXTM customer support？

　　Answer: You can contact FXTM customer support via their phone number: +44 20 3734 1025.