Is FXTM a reliable broker?

Is FXTM a reliable broker?

FXTM can be summarised as a credible and trusted broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and is considered a low-risk trading environment. FXTM is considered safe because it is regulated by the top FCA.

Is ForexTime regulated in South Africa?

FXTM is a FSCA regulated Forex broker that operates in South Africa. They were founded in 2011 & claim to have more than 1 million registered users now. They are highly regulated globally by top-tier Financial regulators in UK, Cyprus.

Is FXTM regulated in USA?

Is FXTM regulated? Yes. FXTM is a registered brand name of Exinity Limited, regulated by the Financial Services Commission of Mauritius with license number C113012295. You can find out more in our Licensed Broker page.

How fast is FXTM withdrawal?


Deposit Withdrawal
Currency USD, IDR USD, IDR
Fees / Commissions No Commission 0.5%
Processing Time Instant 24 Hours
Minimum Amount IDR 50,000 / USD 5 IDR 50,000 / USD 5

Where is FXTM based?

Limassol, Cyprus
ForexTime Ltd ( with registration number HE 310361 and registration address at 35, Lamprou Konstantara, FXTM Tower, 4156, Kato Polemidia, Limassol, Cyprus is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority …

How long does it take to withdraw from FXTM?

Local Nigerian Instant bank transfers

Currency NGN
Fees / Commissions No Commission
Processing Time 24 Hours
Minimum Amount NA

How do I invest in ForexTime?

How to Join FXTM Invest

  1. You’ll need a verified account with FXTM to get started.
  2. Then you can choose a suitable Strategy Manager from the Ranking Page.
  3. Once you’ve chosen the Strategy Manager, you can invest in him or her.
  4. Once you are ready to deposit or withdraw, there are two ways you can do that.

Which account type is best for FXTM?

FXTM Standard accounts have lower minimum deposits when compared to ECN accounts. If you are a beginner trader and wish to start with a low amount of capital until you are comfortable with the risks of forex trading then these accounts can be an option.

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