FXTM Pro offers various social tools, such as multiple messenger apps. Furthermore, there is also an assortment of educational videos covering fundamental and technical analysis.
The broker offers multiple trading accounts, some with fixed leverage while others with floating influence of up to 1:1,000. Traders can access over 250 assets (currencies, metals, commodities, and stocks). Power depends on which account type traders select.
Real-time market data
FXTM provides a unique trading platform accessible to traders worldwide through multiple languages and offers a comprehensive learning center, free webinars and seminars, and an extensive glossary of terms. Their web trading platform is user-friendly with 31 analysis tools such as support/resistance levels, chart patterns, and trend lines – but lacks two-step login or price alert capabilities.
Traders can access the MT5 platform, which offers traders many valuable features such as 41 technical indicators and automatic trading, full analytical tools, and advanced order types such as stop loss/take profit orders.
The broker offers various account types, from the popular MT4 and MT5 trading platforms to ECN Zero accounts with floating spreads from 1 pip. To open one of these accounts, traders need only complete an application form and submit documents such as their passport or driver’s license, proof of address documents, and utility bill to open one.
No commissions
FXTM provides traders with an entirely digital trading experience and no commissions on forex & CFD trades, with quick account opening processes using mobile devices for deposit/withdrawals/accessing data from anywhere with the internet.
Fxtm pro offers various account types, such as an ECN Zero account with tight spreads and no commission. This account allows traders to trade major/minor/exotic currency pairs and spot metals swap-free using the MT4 platform, with an optional swap-free mode available if necessary. In addition, Fxtm also provides Mirror Trade accounts that enable novice traders to copy more experienced traders’ trades.
The website and customer support team are multilingual and available around the clock, allowing traders to connect via online chat, email, and phone for support. Furthermore, various withdrawal methods including bank transfers and e-wallets, are offered; fees vary per method, but most are processed within one business day.
No minimum deposit
FXTM’s flexible deposit and withdrawal options make the broker an appealing choice for traders, accepting credit cards, bank wire transfers, and electronic wallets as payment methods – most withdrawal methods guarantee same-day processing (with Skrill withdrawals taking up to 1-2 business days).
FXTM also offers educational tools to assist novice traders with understanding the fundamentals of trading. Their website is secure, and their customer support team provides multiple language support. FXTM also offers various trading accounts, including an ECN Zero account which requires no commission; it works with MT4 and MT5, supports 25 major and minor currency pairs and two spot metals – and leverage floats from 1:200.
FXTM also provides a free mirror demo account to those looking to practice. The demo version of the MT4 platform comes in various languages with a transparent fee report so traders can use this platform to test multiple strategies and develop their skills.
Loyalty cashback program
FXTM offers numerous ongoing trading promotions and bonuses to new and existing clients, such as their Loyalty Cashback program, which awards actual cash rewards with each trade made available across all live accounts requiring registration. Another incentive available to all registered accounts is their Refer A Friend bonus that gives each friend you refer who meets certain deposit and trading requirements an equivalent $50 (or equivalent amount) bonus (referral bonus is also valid on FXTM’s referral account). FXTM hosts trading contests for traders of all skill levels to compete and compete and win big cash prizes!
Traders can open live accounts through the website or mobile app and register to select their account type, base currency, leverage level, spread widths, swap-free status, and additional features such as mirror trading or ECN Zero accounts.