ForexTime

ForexTime (FXTM) is a popular forex broker that began its work in 2011. It provides a wide range of trading services in online trading in the international currency market for customers from 99 countries.

How Does ForexTime Exchange Work

ForexTime is a project that provides Forex traders, currency pairs, CFDs on cryptocurrencies, indices, commodity futures and several accounts on MT5 and MT4 platforms.

In addition, the project provides its users with advanced technologies for trading and a set of educational resources to enhance their trading skills.

The project has the same trading conditions as quick execution of orders, narrow spreads from 0.1 points and floating leverage up to 1: 1000. NDD technology brings traders’ transactions directly to the interbank market, thereby ensuring the best prices for buying or selling an asset. 

ForexTime offers the following trading accounts:

  • Standard

Trading is carried out in standard lots. Leverage varies from 1: 1000 to 1:25. The size of the maximum deposit is not limite . There are no commissions and the spread ranges from 1.3 pips. Margin call is from 40%, stop-out – from 20%. Swap-free trading is possible on the MT5 platform. The minimum transaction size is 0.01 lots.

  • Cent

It practically does not differ from the standard type, but the balance on it is always indicated in cents. Only MT4 account holders can open such an account. There is also a demo version of the cent option. The minimum amount at the start is $ 10.

Traders can set fixed leverage for spot metals from 1: 500 to 1:25 and for Forex from 1: 1000 to 1:25. There are also no commissions, a floating spread of 1.5 pips. Margin call is provided from 60%, and stop-out – from 40%.

  • Shares 

Fixed leverage 1:10. Speculators can apply to hedge. No commissions, deposit from $ 10 and floating spread from 0.1 points. Stop-out from 20%, a marginal call from 40%.

  • ECN Zero

Leverage from 1: 1000 to 1:25, the minimum deposit is $ 200. The spread ranges from 1.5 pips. Stop-out from 50%, marginal call from 80%.

  • ECN

Direct access to liquidity providers, full transparency of trading operations, the absence of quotations and the size of the spread is practically 0. High volatility allows you to earn big money. The deposit is $ 500 and a fee of $ 2 per lot is charged. There are leverage, trading instruments, the maximum number of orders, margin call and stop out levels are the same as in the previous type of account.

  • FXTM Pro

A deposit of $ 25,000, the spread ranges from 0 points. Bidding is not rejected, as there is no Last look practice. There are no restrictions on the use of various trading strategies

Is ForexTime Safe?

The ForexTime platform is licensed and regulated by FCA in the UK and CySEC in Cyprus. It is also officially registered by regulators such as FSAN in Norway, CONSOB in Italy, AMF in France, CNMV in Spain, BaFin in Germany and  FSCA in South Africa.

Review results

ForexTime is a licensed and profitable trading platform. She has a large selection of assets and accounts, training materials and the ability to work from a mobile application