This ForexTime review conducted by the team of ForexSQ.com traders’ for those who want to know about the ForexTime broker. In this review you will know how to open free ForexTime demo account or how to do ForexTime MT4 download and start testing this broker.

ForexTime Review By ForexSQ

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ForexTime or FXTM was established in 2012. The FXTM brand is managed and owned by the holding company FT Global Services Ltd and its secondary company FT Global Services Ltd. Founded in Belize and Cyprus, FXTM is controlled through the Cyprus Securities Exchange Commission, the South Africa’s Financial Service Board (FSB) and Belize’s International Financial Services Commission. Apart from providing online trading services for Forex, ForexTime also provides their customers trading instruments such as spot metals and CFDs or contracts for difference for indices, stocks, commodities and ETFs.

ForexTime is one of the fastest increasing brokers in the industry. So as to support this fast rise in worldwide customers, the ForexTime brand opened a number of representative offices around the world, with main actions run from a 5-story FXTM Tower in Cyprus. This time, a new office opened its doors under the ForexTime brand in the monetary heart of Europe and trading capital of the world UK which feels like an actual natural move for a broker that has been mounting so positively. A brief review of corporate press releases discloses a story of continual attainments, all based on innovation, integrity, transparency and a drive to provide customers with a superior trading knowledge. Independent reviewers on the web moreover give high marks, so the expert management group must be doing a lot of things correct. Security and Safety remain a top importance for FXTM.

Trading Platforms

The support of ForexTime trading platforms are the prevalent and proven Metatrader sequence of platforms. The versions comprise both the Metatrader 4 and the Metatrader 5 platforms. The numerous versions provided by FXTM comprise:

  • MT4 / MT5 for MAC
  • MT4 / MT5 for PC
  • MT4 / MT5 for iPad/iPhone
  • MT4 / MT5 for Android
  • Web Trader

By ForexTime MT4 Download FXTM’s traders acquire:

  • Use cutting edge trading tools
  • Appreciate automatic trading with Practiced Advisors
  • Trade with all the main financial instruments

As for the MT5 platform, the foremost features comprise:

  • MQL5 trading signals
  • Level II Data
  • An extensive selection of trading orders

Following the development of online forex trading, FXTM now also offer their customers with the services to conduct copy trading on their sequences of Metatrader trading platforms. By the ForexTime copy trading service, traders can increase access to an inclusive range of trading signals which they can subscribe to. When they have subscribed to the service, each trade made by the signal provider will be routinely copied. By this service, even novice traders can now start trading like a professional.

Trading Accounts

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Functioning on a No Dealing Desk business model, FXTM has provided their traders with eight different kinds of ForexTime account which built on STP and ECN trading modes. The numerous types of the broker comprise:

  • Cent Account
  • Standard Account
  • ECN Account
  • Shares Account
  • ECN ZERO Account
  • ECN MT5 Account
  • FXTM Pro Account
  • ECN Strategy Account

These ForexTime account can be opened with as small as 5 dollars in minimum deposit made over any of the 30 plus payment modes maintained by the broker.

ForexTime demo account

Forex trading is a preparation which involves skill, excitement and a strong awareness of the financial marketplaces. It comprises exploring the economy in depth, recognizing and taking opportunities and having a strong intellect of control over your activities. It also comprises a high section of risk; this is why as a novice to the foreign exchange industry, one should at all times take baby steps beforehand walking and learn how to walk beforehand running. And there’s no better method to do this than to start trading on a ForexTime demo account.

To aid beginners learn the supports beforehand diving into the deep end, ForexTime (FXTM) provides customers with the option of opening a ForexTime demo account. ForexTime demo account include a number of advantages which help trader’s interruption into the marketplaces.

Commission & Spreads

As with all ECN and STP brokers, the foremost attraction about these brokers has at all times been their low spreads. The similar is also true of FXTM. The spreads here are valued equal to 5 decimal places and start from as little as 0.1 pips for the standard accounts and for the ECN based trading accounts is 0.0 pips. Furthermore, ECN accounts are charged a fees of $4 per lot all manner.

ForexTime Deposits and Withdrawals

ForexTime has also installed a comprehensive series of choices to make deposits and withdrawals a simple process. Debit and Credit cards, along with e-wallets and bank wires, are the signature methods, but the group – due to the international nature of the firm – has applied numerous other local payment approaches specific for specific regions. Extra payment methods are being added on a monthly base, with 31 on last count. Customers are warned to keep lawfully required identification data on file to make sure a rapid response on any withdrawal request.

Customer Support

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At FXTM Customer support services are provided on a 24/7 basis. Traders can right to use the support services through live chat, email or the telephone. Used for telephone support, traders also have access to limited support service for the following nations: Cyprus, China, Czech Republic, India, France, Malaysia, Indonesia, Poland, Nigeria, Spain, South Korea, United Kingdom and Thailand.

The support delivered by ForexTime also extends to providing their traders with subsidiary trading tools for example:

  • Economic Calendar
  • Currency Converter
  • Forex News Timeline
  • Market Analysis from Forex Circles
  • Margin Calculator

Advantages

  • Wide Localized Customer Support
  • Multi-Jurisdictional Regulatory Oversight
  • Scalping and Hedging permitted
  • Support Copy Trading
  • Regular Promotional offers

Disadvantages

  • Lowest account balance of 25,000 USD/EUR/GBP essential at all times to enjoy interbank rate spreads
  • Can’t trade unusual pairs with swap free accounts
  • Essential separate Shares account to trade shares CFDs
  • Share CFDs are not traded based on real time
  • Simply Metatrader series of platforms delivered

ForexTime Login

For login to Forex time broker you can visit the broker website, After sign up you can check your email and do ForexTime login.

ForexTime Review Conclusion

There are actually few brokerage firms which have linked the industry with such a renowned management group as FXTM. Hence, it is simple to know why FXTM has what it takes to meet the prospects of a global customers. Their various awards are all evidences of FXTM’s efforts to live up to their corporate idea.  If you like this  then please tip ForexSQ team by share it with your family, friends and colleague.

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