FXTM Broker Service Review - MT4 and MT5 broker with 1:2000 leverage
Review on FXTM's service. Bonus, Account Types and more merits for traders.
Unlock New Earning Horizons with FXTM.
This article is originally referred from FXTM News.
FXTM Brand does not provide services to residents of the USA, Mauritius, Japan (日本), Alberta, British Columbia, Quebec,
Saskatchewan, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. Find out more
in the Regulations section of their FAQs.
- What is FXTM?
- Comparison of FXTM’s Standard account types
- Comparison of FXTM’s ECN account types
- Why trade with FXTM?
- Invest in World’s Financial Markets with FXTM
What is FXTM?
FXTM is an online Forex and CFD brokerage firm which provides the service to traders all over the world.
FXTM brand was established in 2011.
Since the foundation, FXTM has been providing the service to over 2 million traders from over 150 countries worldwide.
FXTM has won a number of industry awards such as Best Trading Experience, Best Online Forex Trading Company and Top Customer Service Provider awards.
By opening an account with FXTM, you can start investing in Forex, Commodities, Precious Metals, Energies, Stocks, Stock Indices and Cryptocurreny online.
FXTM uses 2 of the most popular trading platforms in the world which are MT4 (MetaTrader4) and MT5 (MetaTrader5).
With FXTM, you will find everything you need to start trading online.
You can also use FXTM Trader mobile app to invest online through your Android, Tablet, iPhone or iPad.
You can start investing online with FXTM from only a few hundreds dollars of initial fund.
Comparison of FXTM’s Standard account types
For traders who are just getting started in the Forex market, FXTM’s standard account types may provide you with the basic trading conditions and many advantages.
See the comparison of FXTM’s all standard account types.
|FXTM Account Types||Standard Account||Cent Account||Shares Account|
|Trading Platforms||MT4 and MT5||Only MT4||Only MT4|
|FXTM Invest Copy Trading||Unavailable||Unavailable||Unavailable|
|Account Base Currencies||USD, EUR, GBP, NGN||US Cent, EU Cent, GBP Pence, NGN kobo||USD, EUR, GBP, NGN|
|Required Minimum Deposit||$100||$10||$100|
|Maximum Account Balance||Unlimited||Unlimited||Unlimited|
|Minimum Spread||1.3 pips||1.5 pis||0.1 pips|
|Execution Model||Instant Execution||Instant Execution||Instant Execution|
|Margin Call %||40%||60%||40%|
|Stop Out %||20%||40%||20%|
|Islamic Swap Free||Available (Not for MT5)||Available||Available|
|Limit and Stop Levels||1 pip||1 pip||1 pip|
|Pricing||5 decimals||5 decimals||2 decimals|
|Trading Volume per Trade||From 0.01 to 30 lots||From 0.01 to 1 lot||From 0.01 to 10 lots|
|Maximum Number of Orders||100||300||100|
|Maximum Number of Pending Orders||100||100||100|
All Standard account types apply “Instant Execution” with no slippage on orders.
For the comparison of FXTM MT4 and MT5 trading platforms, visit the page here.
Which Standard account type is suited for you?
Here are the main characteristics of each account type.
1. Standard Account
FXTM’s Standard account type has all the basic advantages for traders.
FXTM’s Standard account type offers you 1.3 pips minimum spread with no extra trading commissions.
It is the only Standard account with 1:2000 high leverage.
You can open FXTM’s standard account from only $100 of minimum deposit amount.
For the list and condition of FXTM’s all fund deposit and withdrawal methods, visit the page here.
FXTM Standard Account Type details
2. Cent Account
FXTM’s Cent account requires only $10 of minimum deposit amount, and is suited for traders who want to start trading with small volume.
For FXTM’s Cent account, you can use the most popular trading platform, MT4 (MetaTrader4).
The minimum spread starts from 1.5 pips and there is no extra trading commission.
While you can deposit from only $10, you can also utilize the high leverage up to 1:1000 to increase your trading volume dynamically.
FXTM Cent Account Type details
3. Shares Account
FXTM’s Shares account is provided to invest in real Shares of US and European companies.
By opening the Shares account, you can invest in over 120 US shares and 40 European shares.
FXTM’s Shares account is dedicated for the trading of US and European shares, and and you cannot invest in other markets such as Forex, Commodities and Stock Indices.
FXTM Shares Account Type details
Comparison of FXTM’s ECN account types
FXTM provides the trading accounts with ECN execution with the following 3 account types.
See the comparison table of FXTM’s all ECN account types below.
|FXTM Account Types||ECN Account||ECN Zero Account||FXTM Pro Account|
|Trading Platforms||MT4 and MT5||MT4 and MT5||MT4 and MT5|
|FXTM Invest Copy Trading||Available||Available||Unavailable|
|Account Base Currencies||USD, EUR, GBP, NGN||USD, EUR, GBP, NGN||USD, EUR, GBP, NGN|
|Required Minimum Deposit||$500||$200||$25000|
|Maximum Account Balance||Unlimited||Unlimited||Unlimited|
|Minimum Spread||0.1 pips||1.5 pips||0.0 pips|
|Trading Commission||$2 per lot||None||None|
|Execution Model||Market Execution||Market Execution||Market Execution|
|Margin Call %||80%||80%||80%|
|Stop Out %||50%||50%||50%|
|Islamic Swap Free||Available (Not for MT5)||Available (Not for MT5)||Available (Not for MT5)|
|Limit and Stop Levels||None||None||None|
|Pricing||5 decimals||5 decimals||5 decimals|
|Trading Volume per Trade||From 0.01 to 100 lots||From 0.01 to 100 lots||From 0.01 to 250 lots|
|Maximum Number of Orders||Unlimited||Unlimited||Unlimited|
|Maximum Number of Pending Orders||300||300||300|
Which ECN account type is suited for your trading style?
Here are some main characteristics of FXTM’s ECN accounts.
1. ECN Account
FXTM’s ECN account offers raw spread from 0.1 pips.
The trading cost is $2 per lot.
With Market Execution, FXTM’s ECN account lets you experience the ECN trading environment with only $500 of minimum deposit amount.
2. ECN Zero Account
FXTM’s ECN Zero Account offers the ECN spread from 1.5 pips with zero trading commission.
FXTM’s ECN Zero Account type is suited for traders who want to trade with the ECN environment, but with no extra trading commissions.
You can use FXTM’s ECN Zero Account from only $200 of minimum deposit amount.
FXTM ECN Zero Account Type details
3. FXTM Pro Account
FXTM Pro account type is suited for professional traders in the Forex market.
FXTM Pro account type provides you with 0.0 pips ECN spread with no extra trading commissions.
FXTM Pro account type requires $25,000 of minimum deposit amount.
With FXTM, you can also manage your accounts, funds and trade online through FXTM Trader mobile app.
For more information about FXTM Trader mobile app, visit the page here.
Why trade with FXTM?
Take your Forex trading experience above and beyond the ordinary with FXTM, because they offer nothing less than excellence.
- 8 Account Types Matching your every need
ECN, Cent or Pro? They’ve got you covered with even more choices. Find the perfect trading account that fits your knowledge and strategy today.
- FXTM speaks your Language
They are happy to help on every step of the way. Speak with your Account Service Manager today.
- Reliable and Secure
FXTM is licensed and regulated with several reputable financial authorities. Segregated Accounts in Top-Tier banks keep your funds safe.
- Low Deposits, Super – Fast Withdrawals
FXTM currently covers 100% of your deposits up to 1000 USD/EUR/GBP. Your withdrawal requests are processed within minutes.
- No Time to Trade? Not a problem.
FXTM Invest is your immediate gateway to trading with least effort or time. Copy suitable strategy managers instantly and invest as low as $100.
For the list and condition of FXTM’s all bonus promotions and trading contests, visit the page here.
Ready to experience real Forex Trading excellence?
Complete your registration now.
Invest in World’s Financial Markets with FXTM
With FXTM, you can invest in over 250 financial markets in one trading account.
The available financial markets include the Forex, Commodities, Precious Metals, Energies, Stock Indices, Stocks and Cryptocurrency.
All of the financial markets through one trading platform and one app.
With FXTM, yo can reach out to over 250 financial markets easily and diversify your trading strategies.
1. Forex Currency Pairs
The Forex market is the largest and the most popular financial market among online investors.
You can invest in this massive financial market with over $5 trillion dollars market volume through FXTM’s trading platforms and app.
FXTM covers all Forex currency pairs including majors, minors and exotics.
With FXTM, you can also utilize one of the highest Forex leverage 1:2000 to increase your trading volume.
The trading cost is as low as 0.0 pips on FXTM MT4.
The Forex market provides you unlimited opportunities for 24 hours a day and 5 days a week?
The available commodity markets on FXTM MT4 and MT5 are UK Brent oil, US crude oil and US natural gas.
The commodities are provided with the competitive spreads ranging from 4 to 11 pips on FXTM’s standard, ECN and ECN Zero for MT4 account types.
As all commodities are offered in a form of CFD (Contract for Difference), you can place positions on both directions, thus you can make profits from both rising and falling market prices.
With FXTM, you can trade energy CFDs with 1:50 high leverage.
3. Stock Indices
Stock indices summarize the prices from the top performing stock companies.
Stock indices can be a great tool to diversify your trading strategies, while it can be a measurement of each market.
With FXTM, you can utilize up to 1:2000 leverage to trade stock indices.
All stock indices markets are offered as CFD, thus you can make profit from both rising and falling market prices while benefiting from low cost of trading.
4. Precious Metals
Precious metals are popular markets to diversify investment portfolio and are considered as the safe havens.
Gold and Silver market prices are especially correlated with USD markets.
With FXTM, you can invest in XAUUSD (Gold/US Dollar), XAUEUR (Gold/Euro), XAUGBP (Gold/British Pound), XAGUSD (Silver/US Dollar) and XAGEUR (Silver/Euro).
FXTM offers the competitive spreads as low as 0.4 on XAG/USD and 5.0 on XAU/USD on FXTM ECN accounts.
5. Stock CFDs
Not in the Shares account with real shares, but with FXTM, you can also invest in Stocks in a form of CFD.
With FXTM, you can invest in European shares and US shares from NYSE and NASDAQ.
With Stock CFD, you can utilize high leverage and speculate on both rising and falling market prices.
FXTM’s CFD trading account has tight spreads, starting from just 0.1 pips.
Cryptocurrency market is the newest financial market in the world, and it provides you unpredictable trading opportunities with high volatility.
With FXTM, you can invest in Bitcoin, Ethereum, Litecoin and Ripple with 1:100 high leverage.
Each Cryptocurrency is paired with USD, and you can trade both directions to profit from both rising and falling market prices.
For the list and comparison of FXTM’s all trading account types, visit the page here.
Original Source: FXTM News
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