It is enough to state that the experiences of the FXTM clients have generally been very positive. The awards publishers include reputable names like World Finance and even us here at FX Empire.
FAQ
Where is FXTM based?
FXTM operates out of its main jurisdictions in Cyprus, UK and Mauritius.
How does FXTM make money?
FXTM makes its money from spreads charged on trades as well as commissions charged on trades on the ECN accounts.
How do I deposit into an FXTM account?
FXTM provides extensive methods for depositing funds into a trading account. Deposits can be made using credit cards, Skrill, Neteller, bank wires, FasaPay, local bank transfers and international bank wires. Other country-specific methods are available as well.
IS FXTM regulated, and do I have access to an investor protection fund?
FXTM is regulated by CySEC, FCA and FSC. CySEC and FCA regulators offer an investor protection fund, allowing its users the possibility of compensation if there are broker-related financial issues on the trader’s account.
What is the maximum leverage usable on FXTM?
The maximum leverage obtainable is 1:1000 of Exinity Limited but pegged at 1:30 for the EU and UK offering.
How do I open an account with FXTM?
Fill the online form available on the home page of the website. The website’s cookies will automatically direct you to the regulated region where you reside, except you choose otherwise.
Does FXTM use MetaTrader?
Yes, FXTM offers the MT4 and MT5 trading platforms. The MT4 is used in delivering the ECN solution using a bridge.
Conclusion
“This highly regulated FCA and CySEC broker offers a whole range of trading resources, leading trading technology including a proprietary app and a huge selections of assets to trade.”
FXTM came to the market with an identified strategy: to achieve global expansion by planting offices and a more localized forex brokerage offering in countries with strong FX demand. Since 2011, the company has achieved consistent growth and is now one of the household names in retail forex.
FXTM also provides comprehensive trader education via a number of resources, and offers a regulated environment for retail forex trading. Trader protection is achieved by encryption of data and a number of other channels.
