FXTM Review 2025: How Good of a Broker is Forex Time?

The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5. If you want to stick to MT4 and the massive back-library of custom indicators and EAs that have been developed for it, then you won’t have to worry about being forced to change by FXTM. Use the calculator below to compare FXTM’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency. ECN Accounts allow your orders to be matched with the best bid and ask prices, offered by a list of top-tier liquidity providers. Short for an Electronic Communication Network, they are an automated connection to liquidity providers that cut out the No Dealing Desk Brokers middle man at your broker. Encourage legitimate, satisfied customers to leave honest feedback to maintain the integrity and credibility of your company.

FXTM Invest is a copy trading service similar to the setup at eToro. You follow the FXTM traders, known as strategy managers in this case, with the risk management principles xcritical scammers and system that align with your expectations. If you’re looking to take advantage of movements in an entire country’s stock market, you’re still able to trade index CFDs on MT4 with FXTM. FXTM’s Indices markets have some of the lowest spreads, making them a popular choice. Whether you trade spot metals, energy, or soft commodities, FXTM has a CFD market for you.

• If you also want to get copied then you can earn a commission for every follower who copies your trades.
• FXTM also provides segregated client accounts and adheres to best practices in risk management.
• Trading on this account type is available through both MT4 and MT5.
• This is equal to 0.01 standard lots or a cash value of $1,000 which could be further decreased if you are trading on leverage.
• ForexTime is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.
• Using a web browser, investors and trading can follow bid-ask spreads, place take profit orders, or place stop loss orders, and track any positions that have been executed.

Trading Centrals Alpha Generation Indicators can help ForexTime traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing ForexTime traders to potentially stay one step ahead. ForexTime also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. If you want to trade currency pairs on global Forex markets, ForexTime offer over 60 currency pairs.

You can view the specific floating commission rates under Trading Accounts on the Commissions page. You will also find commissions for stock trading via PRO MT5 here. For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities.

Of course, it also includes expert forex and commodity technical analysis. Those who prefer videos over reading will appreciate the daily market analysis videos. These come from ForexTime’s market research team and include things like the latest market opportunities. The most common analysis video is an overview of the market for the week. One very useful part of the ForexTime website is a comparison between MetaTrader 4 and MetaTrader 5. That way, clients can choose which platform from MetaQuotes will work best with their FXTM trading experience.

• There is no maximum number of orders, although the maximum number of orders pending at one time can be 300.
• If you’re a new trader who’s looking to learn how to trade, FXTM is worth a look.
• Here are some brief description about the payment methods of FXTM.

Traders should carefully consider their risk tolerance and trading strategy before using high leverage, as excessive leverage can lead to substantial losses. However, one of the drawbacks of FXTM’s fee structure is the presence of withdrawal fees, which vary depending on the payment method. While some withdrawal options have relatively low fees, others may incur higher charges, which can add up for traders who frequently withdraw funds. The broker also charges a $3 transaction fee for any deposit or withdrawal less than $30 or equivalent.

Does FXTM have fees?

It’s important for ForexTime traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that ForexTime losses are limited to the funds available in your ForexTime account when negative balance protection is in place. Trading CFD trades on the ForexTime platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets. In addition, currency conversion fees may apply if the ForexTime withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these ForexTime fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your ForexTime funds.

FXTM (Forextime) User reviews

To view the ForexTime payment options available, you can log into your ForexTime member’s area. ForexTime Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify xcritical website trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for ForexTime traders of all experience levels.

FXTM invest is also available with this account type if you are using the MT4 trading platform while the spread on trading here starts from 1.5 pips. When it comes to trading costs with this account type, spreads start from an excellent value 0.1 pips along with a $2 per lot traded commission. You should note that FXTM Invest is also available if you use MT4. FXTM works to offer some of the best copy trading services in the industry through their FXTM Invest platform. Here you can choose from hundreds of quality signal providers who are FXTM traders also known as strategy managers to copy.

Disinformation refers to false or misleading information intentionally spread by scammers (like Forextime) to deceive, manipulate, or exploit individuals. It can take many forms, such as fake news, manipulated media, or fraudulent claims, all designed to mislead victims and achieve the scammer’s goals. Disinformation—false or misleading information intentionally spread to deceive—can have serious consequences, from sowing societal discord to enabling financial scams.

To further enhance security, we encourage traders to always look for the lock sign on their browser when using ForexTime web trading platforms. ForexTime partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their ForexTime clients’ funds. The FXTM customer service includes a detailed FAQ section which you can use to try to answer some questions you may have before calling the team. From that, you also have the available options of a website-based live chat, email, and phone call on more than 10 telephone numbers depending on your local area.