FXTM.com is a CFD broker that offers CFDs on forex pairs, US stocks, indices and commodities for trading. This company is licensed in Europe by the UK regulatory authority FCA. The broker offers a real micro account from a deposit of $100.
FXTM (ForexTime) – Broker overview
| Minimum deposit | 100 USD |
| Regulated broker | Yes |
| Regulation | FCA |
| Trading platform | MT4, MT5 |
| Demo account | Yes |
FXTM (ForexTime) – Trading Platforms
FXTM offers its clients a total of 2 trading platforms – MT4 and MT5. Both platforms are very popular among traders and serve very well not only for opening and closing trades, but also for analyzing the markets. Both, MT4 and MT5 support automated trading systems (EAs). You can either trade with them directly from a web browser, or you can download the platforms to your computer or mobile device. The broker also offers its own copytrading system (FTXM Invest), which allows copying trades of verified managers on the broker’s platform (however, there are currently only 10 of them on offer). In addition to the copying system, FXTM also offers trading signals on 8 currency pairs, 3 commodities and 3 indices, these signals are updated twice a day.
FXTM fees (spreads)
Like any other CFD broker, FXTM charges a spread fee. For the current value of this fee, please visit FXTM’s website. We have prepared a small comparison table here, where you can find the FXTM spread fee on popular currency pairs compared to 2 other popular CFD brokers.
| | EUR/USD | USD/JPY | GBP/USD | AUD/USD |
| FXTM | 2.0 | 0.9 | 3.4 | 3.0 |
Advantages and disadvantages summary
FXTM must comply with the strict regulatory guidelines of the FCA. The broker offers a total of 2 trading platforms and a limited time free demo account. The range of CFD assets is mediocre, with only US equities, precious metals, and even cryptocurrencies missing. However, one of the more significant pluses of the broker is that it offers Czech language support and several different types of trading accounts (including ECN and penny accounts). You can check out more reviews of Gulf Brokers Ltd here.
Cons:
- The range of CFD assets is mediocre
- Small amount of underlying assets
Pros:
- Free demo account
- Regulated and licensed
- Over 800 instruments available
- FCA
