FXTM Abous Us
This FXTM tool enables you to perform five-point calculations to decide what position to take on a range of financial instruments. After that, you can finish the account-opening process in your browser or on a mobile device by installing the FXTM Trader app. In total, there are five steps to complete before you can begin trading.
ForexTime, also known as FXTM, is a financial service and automated currency broker. FXTM customers can use their accounts to trade currencies, CFDs, shares, and commodities. In total, there are more than 250 different financial instruments to access through FXTM. With the MT4 mobile application, you get real-time quotes, 9 timeframes, 24 analytical objects, 30 technical indicators, trading history. You also get real-time interactive charts, all trade orders available, all execution methods available, multiple chart types, and full control of your trading account. Standard AccountThe FXTM Standard Account is a no-frills option for new traders who want to start trading forex without worrying about extra commissions or fees.
- Trade your favourite assets with super-tight spreads, low commissions and pinpoint execution.
- It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage.
- This lets you use your forex skills to earn additional capital.
- Experienced traders, on the other hand, have access to some of the brightest economic minds in the game.
In terms of statistics related to clients and customer service, the average wait time is less than 12 minutes. More than 84 percent of client funds are processed within just five minutes. FXTM receives feedback that is more than 90 percent positive. Additionally, it includes availability of all trade types and execution methods, complete trading account control, and optimization for iPads.
It also means that there is a wealth of resources and tutorials available, both from ForexTime and other sources. Of course, that also means that traders get all the great features of the MetaTrader platforms. You can have up to 100 orders or pending orders with this account type. This type of account has a margin call at 40 percent and a stop out at 20 percent. The system will automatically trade for clients based on the strategy you implement.
Trading platforms
In addition to the company’s international regulation, it practices segregation of client funds. This ensures the safety of client funds on the off chance that something should scammed by xcritical happen to FXTM. The customer support team delivers multilingual service, as do the Personal Account Managers. This lets FXTM appeal to native speakers of a range of languages.
FXTM offers this since it makes it possible to make a profit even when asleep. Of course, automated trading can lead to losses as well as profits, as everything depends on your strategy and the market. It is a copy trading program that relies on cutting-edge technology.
The company must periodically report to its regulators and always meets strict financial standards. Additionally, it includes keeping data integrity and ensuring all data stays unchanged throughout a transmission. There are at least several workshops or seminars every week, so there should be one that appeals to most clients. When trading with ForexTime on MT4, you can also take advantage of various trading indicators. These include an Orders Indicator, Pip Value Calculator, Pivots SR Levels, Spread Indicator, Market Data to CSV, and Day Bar Info Indicator. Clients also have the option of setting up SMS alerts for major market news.
Tight spreads across multiple STP and ECN trading account types
This allows you to invest in a trader of your choosing and take a share of any profits they manage to generate. There is a free demo account you can take advantage of before committing your money to the broker so you can get a feel for how it works. The minimum deposit is just $100 when you want to start trading for real money. All of the client funds are kept in EU banks of the top tier. FT Global never uses customer funds in any investment, including operations, to ensure the protection of fund at all times. FT Global also has multiple bank partnerships to add a level of security to client funds.
Technical Indicators
When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. MT4 and MT5 are free to download on PC, Mac, mobile and tablet. That mobile application includes unlimited access to MyFXTM as well as cross-platform trading, 250+ financial instruments, no need for extra downloads. Trading on an ECN account ensures that you get the absolute best price in the market at any given time. FXTM use tiered commissions which mean commission costs will are lower if you hold more equity in your FXTM trading account and the more volume you trade. Whatever kind of trader you are, you can be confident that FXTM is a safe way to make foreign exchange trades.
Whether it’s the main part of your trading strategy or simply used for diversification, take advantage of the volatility in commodities markets with FXTM. One of the most exciting aspects of FXTM’s range of CFDs to trade is the fact that traders no longer have to change platforms to trade stocks CFDs. Simply trade all asset classes under a single account on the one trading platform.
Choose the currencies you’d like to exchange from the dropdown option. You’ll also see the xcritical exchange rates of the major FX pairs listed on the right. Your level of regulatory protection depends on your country of residence when you open an account. FXTM have multiple https://dreamlinetrading.com/ business entities, regulated by multiple financial authorities. When trading on an FXTM Pro Account, you can be assured that you’ll never be re-quoted or charged a commission. Just direct access to deep pools of liquidity with absolutely minimal interference from FXTM.
ForexTime has a streaming news Feeder that comes from FX Street, the Forex News Timeline. This is to give traders all of the information they need to make educated trades. According to ForexTime, the company publishes all these statistics to reset the benchmarks and standards of the forex industry. As mentioned, ForexTime supports mobile trading for convenience. This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices.
