FXTM 2024 Review

1. What is FXTM?
2. FXTM Pros and Cons
3. Regulation and Security Measures
4. Account Types and Benefits
5. Cost Structure and Fees
6. Trading Platforms and Tools
7. Trading Instruments
8. Deposit and Withdrawal Options
9. Customer Support and Responsiveness
10. Research and Education
11. Portfolio and Investment Opportunities
12. Account Opening
13. Additional Tools And Features
14. FXTM Compared to Other Brokers
15. Full Review of Broker FXTM

What is FXTM?

FXTM or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offerings overall. The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading globe, regardless of the trader’s knowledge.

FXTM company launched in 2011 with its headquarters in Mauritius and Kenya now. One of the chain offices of FXTM is located in the UK as well. Also authorized by the reputable Financial Conduct Authority and other regulators, in a relatively short time, the firm showed great and rapid growth in the UK and internationally and its focus on Africa and Asia regions.

What Type of Broker is FXTM?

Based on our findings, FXTM is a global Forex and CFD broker providing access to more than 1000 instruments including Currencies, Stocks, Indices, Commodities, Share Baskets, and more, with ultra-low spreads and lightning-speed execution.

Where is FXTM Located?

FXTM offices are located in Mauritius and Kenya. The broker serves a global audience from over 150 countries, with a global network of offices, spanning the UK, Africa, and Asia.

FXTM Pros and Cons

FXTM is a good broker well-known and regulated worldwide, there are a few regulated entities of FXTM. Account opening is easy, FXTM has low deposit requirements and trading conditions are good with competitive spreads, excellent customer service, and Forex education. FXTM is one of the leading industry Forex Brokers with great service established worldwide, numerous traders from various countries including Africa region can trade and access excellent Education established by FXTM.

For the Cons, there is a withdrawal fee, and Stock spreads are rather higher, also conditions vary for each entity.

FXTM Features

FXTM is a popular Forex trading broker offering good trading conditions with a range of trading instruments. Below are the main points to consider while choosing the broker:

Who is FXTM For?

Based on our findings, FXTM is a good broker for traders of different skill levels who are interested in international trading markets. Here is a list of what FXTM is Good for:

• Beginning traders
• Advanced traders
• UK traders
• International traders
• Traders who prefer MT4/MT5
• EAs traders
• Currency and CFD trading
• Variety of trading strategies
• Tight spreads
• Algorithmic or API traders
• Quality customer support
• Good educational materials

FXTM Summary

Concluding the FXTM review, we admit that FXTM gives quality trading potential for both beginners and experienced traders or investors and FXTM is one of the leaders in Forex Trading. Moreover, there are other numerous advantages with FXTM, like great global coverage with a good focus on the Africa region with FXTM Nigeria and Kenya trading opportunities.

The account variety is impressive, allowing any trader to choose the most suitable option, either with flexible or floating leverage. We learned that the broker provides tight spreads from 0.1 pips, low deposit requirements, and good educational materials. So overall, FXTM is a trustworthy and quality choice for Forex traders of any size.

55Brokers Professional Insights

FXTM is regarded as a quality execution venue and Broker with fast performance, real ECN account, and a range of trading conditions suitable for traders of all levels and very appealing to beginners. There is everything available for good trading as the broker provides access to popular financial instruments, a selection of platforms with great free research including industry leaders and tools, also education is just great. Also, Broker is known for its quality services among the trading community, as has been operated for many years, besides being available for UK Trading.

The account types are also designed to fit a variety of trading styles, from beginners using Advantage Accounts to experienced traders leveraging ECN conditions with tight spreads as low as 0.0 pips. With superfast execution, flexible leverage options, and competitive fees, FXTM ensures a cost-effective trading experience all in all.

Potential drawbacks to consider are certain accounts mainly spread-based, with relatively higher spreads, which may increase trading costs for beginners, yet considering the ECN connectivity we think fees are fair. Also, if you are looking for some specialized software like cTrader or Real Futures is your choice then FXTM is not suitable for you.

Consider Trading with FXTM If:

Avoid Trading with FXTM If:

Regulation and Security Measures

Score – 4.4/5

FXTM Regulatory Overview

FXTM is a regulated broker operating as Exinity UK Limited under top-tier FCA regulation in the UK, Exinity Capital East Africa Ltd under CMA regulation in Kenya, and Exinity Limited under FSC regulation in Mauritius, providing trading services to clients worldwide from over 135 countries. It is important to note that FXTM complies with the necessary regulatory guidelines in each region where it operates.

However, international operations are conducted under an offshore license, which may carry higher risks, as investor accounts can lose money. Trading with an unregulated entity increases the risk of fund loss significantly. For better protection, we recommend opening an account with the UK branch, as it adheres to strict regulatory standards.

How Safe is Trading with FXTM?

FXTM is a legit broker and is generally considered safe to trade with due to its multi-tiered regulatory oversight. The broker complies with strict financial standards, client protection policies, and transparency requirements. FXTM also provides segregated client accounts and adheres to best practices in risk management.

However, the only point is that regulatory standards and protection vary based on the entity, meaning that accounts under FXTM’s UK branch benefit from the stringent oversight and client safeguards of FCA regulation. While accounts under the offshore entity in Mauritius may have comparatively less regulatory protection which will affect factors such as fund safety and the degree of investor protection. Therefore, traders should carefully consider which FXTM entity they register with, based on their risk tolerance and need for regulatory security.

Consistency and Clarity

FXTM is considered a transparent and reliable choice for traders. Traders appreciate the broker’s fee structures, accessible trading conditions, and the clarity provided regarding account types and associated costs. Many traders mention the reliability of FXTM’s trading platforms, noting minimal downtime and consistent order execution. Additionally, the broker’s adherence to regulatory requirements in multiple jurisdictions, particularly through its FCA-regulated UK branch, enhances its reputation for safety and reliability being a top-tier regulated Broker. Also, for the years FXTM Broker operate the company shows stable conditions and good follow of regulation with no concerns in history.

However, some traders have raised concerns over differences in protection levels among FXTM’s entities and occasional delays in withdrawals. Overall, FXTM maintains a positive reputation for transparency and consistency, especially among traders who prioritize regulated and structured trading environments.

Account Types and Benefits

Score – 4.7/5

Which Account Types Are Available with FXTM?

FXTM offers several account types designed to meet traders’ needs, including Advantage Stocks, Advantage, Advantage Plus, and ECN Accounts. Each account has access to MetaTrader 4 and MetaTrader 5, flexible leverage options, and multilingual support, offering a tailored experience for diverse trading strategies and goals, also providing different fee structures so you may choose the best suitable option for your trading style.

The broker also provides a Demo Account which allows users to practice trading in a risk-free environment with virtual funds, simulating real market conditions. Additionally, FXTM offers swap-free accounts for eligible clients, particularly in regions where interest is not permitted due to religious beliefs.

Advantage Stocks Account

The account is specifically designed for Stock and Shares Trading available on the MT5 platform and provides access to more than 600 Stock trading with a super tight spread from 6 cents and zero commissions. The minimum deposit amount is $/€/£ 200, and for residents of Nigeria, it is ₦350,000.

Advantage Account

Available on both MT4 and MT5 platforms, the account offers FX, Metals, Commodities, Indices, Cryptocurrencies, and Stock CFDs (only MT5) trading. The account is good for traders who look at trading conditions with fees built into commission, the offering is $3.5 per lot traded on FX from 0.0 spreads. The minimum deposit is $/€/£ 200.

Advantage Plus Account

The account is available on MT4 and MT5 trading platforms too and its fee structure brings a spread basis. The spreads start from 1.5 pips with no commission charges as all Broker fees are included in the spread. The minimum deposit requirement is $/€/£ 200.

ECN Account

FXTM ECN Account, under Exinity Limited in Mauritius, is designed for experienced traders seeking direct access to the interbank market with transparent pricing and competitive trading conditions. This account type offers ultra-tight spreads, often starting from 0.1 pips, providing access to a range of instruments.

The account supports advanced trading strategies, such as scalping and hedging, with high execution speeds that appeal to active and high-frequency traders. Additionally, the account is available on MT4 and MT5 for PC, iOS, Android, and Windows Mobile devices. The minimum deposit amount is $500.

Regions Where FXTM is Restricted

While FXTM operates in many countries worldwide, there are certain regions where its services are restricted due to regulatory limitations or local laws. Below is a list of regions where the broker is not permitted to provide trading services:

– USA

– Mauritius

– Japan

– Canada

– Haiti

– Iran

– Suriname

– The Democratic People’s Republic of Korea

– Puerto Rico

– The Occupied Area of Cyprus

– Quebec

– Iraq

– Syria

– Cuba

– Belarus

– Myanmar

– Russia

– India

Cost Structure and Fees

Score – 4.4/5

FXTM Brokerage Fees

FXTM offers competitive brokerage fees that vary by account type, trading instrument, and market conditions. Advantage Plus and Advantage Stocks accounts are commission-free, with trading costs based solely on the spreads. In the Advantage Account and ECN Account, fees are based on commissions, providing tighter spreads but with additional per-trade charges.

FXTM Spreads

FXTM offers variable spreads tailored to different account types and trading preferences. For Advantage Plus and Advantage Stocks accounts, FXTM provides commission-free trading with spreads starting around 1.5 pips on Forex trading, and from 6 cents on Stock Trading account. These options are suitable for traders who prefer an all-inclusive spread without extra fees, yet, the spread levels may vary depending on the market conditions and the instrument traded.

For the Advantage and ECN Accounts, fees are based on commission.

FXTM Commissions

FXTM’s commission structure is designed to cater to different trading needs, particularly for traders seeking tight spreads and cost-effective transactions making them attractive to active traders seeking cost efficiency, especially in high-volume trading or for strategies like scalping. In the Advantage Account and ECN Account, FXTM applies a commission fee per trade, which varies based on trading volume and instrument. Commission charges typically range from $3.5 to $35 per round lot, depending on the specific account and asset being traded.

In contrast, Advantage Plus and Advantage Stocks accounts are commission-free, with trading fees built into the spread, offering a straightforward fee structure for those who prefer no additional charges on trades.

FXTM Rollover/Swaps

FXTM applies swap fees for positions held open overnight, reflecting the cost of carrying trades across trading sessions. These fees are calculated based on the interest rate differential between the two currencies in the specific asset being traded. Traders who engage in longer-term strategies or frequently hold positions overnight should consider these swap fees as part of their overall trading cost, as they can accumulate over time.

How Competitive Are FXTM Fees?

FXTM’s fee structure is considered competitive, especially when compared with industry standards for commission-based accounts, giving traders cost-effective options across various account types. Therefore, FXTM is attractive for active and high-frequency traders focused on reducing transaction costs. As we find though spread-based account fees are rather average since there are Brokers with more competitive spreads, also Stock account spreads are slightly higher, yet with the advantage of a Stock Trading account, so is considerable.

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.

FXTM Additional Fees

In addition to standard trading fees, FXTM charges several additional fees that traders should consider. Withdrawal fees apply to most payment methods, with costs varying depending on the provider and region, potentially affecting traders who make frequent withdrawals.

Inactivity fees of 10 EUR/USD/GBP are another cost, incurred if an account remains dormant for a specified period, typically after three months without trading activity. Overnight swap fees are applied to positions held open past the trading day and are calculated based on the asset and interest rate differentials, which can impact long-term traders significantly.

Trading Platforms and Tools

Score – 4.3/5

FXTM offers access to the industry-standard MetaTrader 4 and MetaTrader 5 platforms, known for their good charting capabilities, analytical tools, and customizable interface. These platforms support a wide range of trading strategies, from basic to complex, including automated trading EAs and one-click trading. Available on desktop, web, and mobile, these platforms make it easy for clients to stay connected to the markets and make informed trading decisions.

FXTM is known in the industry for its true ECN execution, delivering ultra-fast trade execution crucial for strategies like scalping, day trading, or capitalizing on rapid market movements, where every millisecond counts.

FXTM Web Platform

The Web Platform provides traders with a flexible and user-friendly trading experience accessible directly through a web browser. Built on MT4 infrastructure, the platform offers seamless functionality without requiring any downloads, allowing users to trade from any computer with internet access. This platform is equipped with essential features, including real-time price quotes, good charting tools, and customizable indicators, and is available in over 20+ languages making it suitable for both beginners and regular-size traders.

The web platform supports one-click trading for quick market entries and exits, as well as a wide range of order types for precise trade management. Additionally, it includes access to FXTM’s market news and analysis, helping traders stay updated on the latest trends and market-moving events.

FXTM Desktop MetaTrader 4 Platform

The desktop MT4 platform is a comprehensive trading solution designed for traders who require a highly customizable environment. As one of the most widely used platforms in the Forex industry, MT4 offers powerful charting capabilities, 30+ technical indicators, and multiple timeframes for in-depth market analysis.

With its intuitive interface, fast execution speeds, and reliable performance, the desktop version of MT4 gives traders full control over their trading activities. Additionally, FXTM’s MT4 platform provides access to real-time market data, customizable order types, and a range of risk management tools.

FXTM Desktop MetaTrader 5 Platform

The desktop MT5 platform is an excellent choice for mostly professional traders. It provides a more robust set of tools, including more timeframes, detailed and interactive price charts, and 80+ technical indicators. MT5 also enhances order execution speed and provides additional order types, offering greater flexibility for traders. A key feature of the platform is its improved strategy tester, which allows traders to backtest and optimize automated trading strategies efficiently.

FXTM MobileTrader App

The FXTM Trader and MetaTrader Apps provide traders with the flexibility to manage their trading activities on the go, directly from their mobile devices. The FXTM Trader App offers a straightforward, user-friendly interface, enabling traders to easily access their accounts, view real-time market quotes, place orders, and manage positions with just a few taps.

The MetaTrader Apps allow traders to monitor market conditions, execute trades, and analyze charts while staying connected to the markets from anywhere.

Main Insights from Testing

Our testing shows that the apps offer strong functionality for mobile trading, with the FXTM Trader app standing out for its simple and intuitive design, making it a great choice for beginners or traders seeking a streamlined mobile experience. Meanwhile, the MetaTrader apps are more feature-rich, providing advanced charting tools, customizable technical indicators, and automated trading capabilities through Expert Advisors.

In general, both mobile apps perform smoothly, providing quick trade execution and stable performance.

Trading Instruments

Score – 4.4/5

What Can You Trade on FXTM’s Platform?

FXTM offers a good range selection of trading markets including 1000+ financial instruments with more than 60 major, minor, and exotic FX pairs, Spot Metals, Stocks, Stock CFDs, Commodities such as gold, silver, and oil, along with Indices like S&P 500, DAX 30, and CFDs on Cryptocurrencies like Bitcoin, Ethereum and many more, with tight spreads and small minimum volumes.

Main Insights from Exploring FXTM’s Tradable Assets

FXTM offers a quality range of tradable assets, allowing traders to seamlessly access and trade both traditional financial instruments and digital currencies. Overall, the selection of Trading Products is considered good with popular and some extra instruments available in the offering, it is great too you can access Stock Trading based on CFDs via a separate account. The inclusion of cryptocurrencies in FXTM’s offerings such as Bitcoin, Ethereum, and Ripple allows traders to diversify their portfolios and take advantage of the growing popularity of digital currencies.

With the benefit of low spreads and competitive trading conditions, FXTM opportunities are quite favorable for various skill levels equipped with tools to manage risk and optimize returns, yet it is a fact some other brokers offer a bigger range of products with thousands available in the offering, especially Stocks, also Futures or Bonds. Also, the range is different based on entity regulations, alike Cryptos not available in the UK.

Leverage Options at FXTM

FXTM provides both fixed and floating leverage. Leverage allows traders to control larger positions with a smaller amount of capital, amplifying both potential profits and risks. While the multiplier can enhance profits, it also increases the potential for significant losses, especially in highly volatile markets. Traders should carefully consider their risk tolerance and trading strategy before using high leverage, as excessive leverage can lead to substantial losses.

FXTM leverage is determined by various measures and firstly set according to the regulatory requirement in one region or another.

• So if you would like to operate under higher leverage ratios like 1:500, 1:1000, or even 1:3000 you may open an FXTM account under the international entity that allows such high leverage levels.

Otherwise, if you are a resident of the UK, the maximum leverage ratio is the following:

• 1:30 on Forex instruments
• 1:20 Spot Metals, 1:10 XAG USD
• 1:20 Minor Currency Pairs
• 1:5 Shares

Deposit and Withdrawal Options

Score – 4.3/5

Deposit Options at FXTM

FXTM offers a variety of payment methods, including credit and debit cards, e-wallets, bank wire transfers, and local payment solutions. However, traders are advised to check the availability of these payment methods based on their location and regulatory standards to ensure that the chosen method is accessible.

• Credit/Debit cards
• Bank Wire
• Skrill
• Neteller
• GlobePay, and more

FXTM Minimum Deposit

FXTM offers flexible minimum deposit requirements, which vary depending on the account type and payment method. For Advantage Stocks, Advantage, and Advantage Plus accounts, the minimum deposit amount is $200, while the ECN account may require a higher initial deposit of $500.

However, the actual deposit amount may vary based on the region, chosen payment method, and local regulations. Traders should carefully review the specific requirements for their preferred account type and ensure they meet the necessary conditions before funding their account.

Withdrawal Options at FXTM

FFXTM withdrawal options include bank transfers, e-wallets, and cards. The withdrawal fee varies from one option to another. As an example, Credit Card withdrawal features a $3 fee, while Bank Transfer will cost $30, and WebMoney will charge 2% above the requested amount.

Customer Support and Responsiveness

Score – 4.5/5

Testing FXTM’s Customer Support

Testing FXTM’s customer support reveals responsive and multi-channel 24/5 support through live chat, email, and phone. The support team generally responds quickly on live chat, and users report positive interactions with knowledgeable representatives. Additionally, FXTM’s Help Centre serves as a comprehensive resource for traders seeking quick answers and self-help options. The Help Center includes an extensive FAQ section, covering topics such as account setup, deposits and withdrawals, trading platforms, and technical issues.

However, response times may vary depending on the time of day, and some users in certain regions have noted occasional delays in reaching support.

Contacts FXTM

Traders can contact FXTM by calling +44 203 734 10 25, through Live Chat, or by emailing support@fxtm.com. Support is available 24 hours from Monday to Friday, with additional hours on the weekend: Saturday from 11:00 to 16:00 and Sunday from 12:00 to 20:00.

Research and Education

Score – 4.6/5

Research Tools FXTM

FXTM offers a variety of research tools including daily market analysis, economic calendars, and Forex news updates, providing insights into market trends and potential trading opportunities. FXTM research tools offered at the platform as inbuilt tools are ranked as great quality, while there are some differences based on platform, like on MT5 there are better tools offered also are more modern too.

• FXTM  offers quality technical analysis reports and trading signals generated by experts, which are valuable for traders looking to identify entry and exit points.
• Additionally, the broker’s trading calculators help users quickly calculate metrics like pip value, margin requirements, and potential profits. Overall, FXTM’s research tools are comprehensive and cater to traders seeking real-time data and in-depth analysis to support their strategies.

Education

FXTM provides a Knowledge Hub aimed at supporting traders of all experience levels. The broker offers a range of educational resources, including webinars, seminars, and video tutorials that cover key trading concepts, and technical analysis. In fact, we find FXTM Education section is one of the best we have seen in the industry, and the quality is just great. 

FXTM’s Knowledge Hub provides structured lessons and courses, while the Forex Glossary and eBooks help traders build a strong foundation in Forex terminology and strategy.

• Beginners can benefit from the step-by-step guides, while more experienced traders can gain insights from market analysis and advanced strategies shared by FXTM’s experts.
• This extensive educational support reflects FXTM’s commitment to helping traders build skills and confidence in the financial markets.

Additionally, FXTM hosts regular educational events in various cities around the world while satisfying the demand to start the trading journey and supporting with learning material for everyone who would like to engage in trading.

Is FXTM a good broker for beginners?

Yes, FXTM is generally considered a good broker for beginners due to its user-friendly platforms, low minimum deposits, and good learning materials. Additionally, the demo accounts allow beginners to practice trading in a risk-free environment, helping them gain confidence before committing to real funds.

The availability of dedicated customer support and helpful tools, such as trading calculators and signals, further makes FXTM an accessible choice for those new to trading.

Portfolio and Investment Opportunities

Score – 4/5

Investment Options FXTM

FXTM primarily serves as a Forex trading provider, however, it also offers an investment program through its copy trading platform. This allows investors to benefit from professional trading strategies without needing extensive market knowledge, making it appealing for those looking to enter the markets with expert guidance.

While the broker does not offer MAM and PAMM accounts, this portfolio management strategy allows clients to follow and automatically copy the trades. Also, even though there is a separate Stock trading account it offers only speculation on CFDs, so not the classical investment you might look for.

Account Opening

Score – 4.8/5

How to Open FXTM Demo Account?

The demo account is a great way to test the broker’s platform and features without risking real money. You can practice your trading skills and strategies in a simulated market environment. To open a demo account with FXTM, follow these steps:

1. Access the website’s “Open Demo Account” page.
2. Fill out the registration form with basic information like your name, email, and country of residence. You will also need to create a password for your account.
3. Check your email for a verification link from FXTM and click on it to complete the registration process.
4. Once logged into your FXTM dashboard, choose the demo account option. Select your preferred account type and set your virtual starting balance.
5. Download the trading platform or use the FXTM mobile app, then log in using your demo account credentials to practice trading with virtual funds.

How to Open FXTM Live account?

Opening an account with FXTM is quite easy. You should follow the opening account or sign-in page and proceed with the guided steps:

1. Access the FXTM Registration page.
2. Enter your data First and Last Name, Country of residence, email, phone, etc. You will also need to create a password for your account.
3. Answer an online questionnaire about your trading knowledge and expectations.
4. Select the account type.
5. Verify your account by uploading your identity confirmation. These may include residential proof, a copy of your ID, a bank statement, etc.
6. Once an account is activated and proven you may follow with the money deposit.

Additional Tools and Features

Score – 4.3/5

In addition to regular tools available on the platforms and those available on the broker site, which are rather typical for each broker, FXTM offers a suite of additional tools and features for traders that we classify as a good proposal:

• Users can benefit from specialized tools such as FXTM’s Pivot Points Strategy, which is used to identify the market direction, probable reversal points, and potential support and resistance levels. This tool is particularly appealing to novice traders due to the simplicity of the mathematical formulas it incorporates.
• FXTM Trading Signals, which offer market insights and strategic guidance, are tools that analyze an asset’s price movements and alert traders to potential buy or sell opportunities. These signals are generated either by technical analysis indicators or mathematical algorithms.
• For those interested in automated trading, FXTM offers free VPS hosting for stable, uninterrupted trading execution. A VPS functions independently, just like a physical computer. It is specifically tailored to meet your needs and is especially beneficial for forex traders due to the security and flexibility it provides.

FXTM Compared to Other Brokers

When comparing FXTM with competitor brokers, key features should be considered such as fees, platforms, asset variety, regulatory coverage, etc. Each broker has distinct strengths, and understanding these differences helps traders choose the most suitable option for their specific needs. Compared to the brokers listed below, FXTM’s commissions are in line with those offered by its competitors, which are generally competitive. In terms of education, while FXTM’s resources are solid and of great quality, brokers like XM and Pepperstone offer similar extensive materials, making them more appealing to beginners seeking comprehensive learning opportunities. Also, FXTM is known for its ECN accounts and quality execution, while the software provided is on a quality level too, yet for platform selection other brokers provide specialized software while FXTM does not.

FXTM’s asset variety is competitive too, although brokers like FP Markets provide a broader selection of instruments. The broker’s customer support operates during business hours, which is similar to brokers like HFM, while others, such as IC Markets and Pepperstone, provide 24/7 support.

On the other hand, FXTM’s minimum deposit is higher than some of its competitors, like Deriv and XM, making it less accessible for traders on a tight budget. Also, spread-based accounts and Stock trading are either on average or slightly higher quotes too.

Full Review of Broker FXTM

FXTM is a well-established broker offering a range of account types including ECN accounts, competitive spreads, and commissions tailored to different trading styles. The broker provides more than 1000 financial assets, making it suitable for diverse trading strategies.

Additionally, FXTM supports popular trading platforms like MetaTrader 4, MetaTrader 5, and mobile apps, ensuring a flexible trading experience across devices. The platforms offer a user-friendly interface, advanced charting capabilities, and automated trading via Expert Advisors.

The broker also offers good educational resources and robust research tools to support both novice and experienced traders. Customer support is available during business hours, ensuring assistance when needed.

Overall, FXTM is a solid option for various traders looking for quality trading execution, there are affordable costs, fast execution through its ECN accounts, and access to popular markets. However, if you are looking for a more extensive selection of instruments, trading platforms other than MetaTrader, or a broker with more licenses in various locations, such as a European license, you might want to consider other brokers as well.