There are 3 standard account types and 3 Electronic Communication Network (ECN) account types. MT4 is available on all accounts whilst you will need an ECN account if you wish to use MT5. Demo accounts are also available if you wish to trial FXTM before opening a real account and depositing funds. They give traders access to find new opportunities in the global commodities markets by trading CFDs online with low margin requirements. This is a flexible and convenient way to access the commodities markets rather than purchasing the product outright and to diversify your portfolio. Traders look to take advantage of the fluctuating prices of oil and other energy products.

  • In addition to real-time order tracking and profit/loss calculations, traders can close orders, make adjustments, and trade using tick charts, all while on the go.
  • Note, spreads are floating therefore may increase during times of high volatility.
  • An established trading platform and broker, FXTM offers several advantages over competitors.
  • Unfortunately, this means that if you’re looking to use cTrader, then you are unable to with this broker.
  • Just direct access to deep pools of liquidity with absolutely minimal interference from FXTM.

Whether you trade spot metals, energy, or soft commodities, FXTM has a CFD market for you. 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. Many traders use Cent Accounts alongside a Standard Account to test new EAs under live trading conditions. FXTM’s MT4 platform also allows traders to access the multi-terminal feature that is unavailable on MT5.

If you’re a new client to FXTM, it might be worth considering choosing the MetaTrader 5 (MT5) platform from the start. Whether you’re the type of trader that learns through visual or text-based mediums, FXTM has an option that caters to you. The first currency is called the base currency and the second currency is called the quote currency.

Which trading platform is best for cfd trading?

Whether you have a PC, Mac, mobile, tablet, then FXTM has an MT4 option for you. Trade on MetaTrader – one of the most popular trading platforms in the world. Trailing Stop is placed on an open position, at a specified distance from the current price of the financial instrument in question. FXTM is regulated by various global financial bodies across all countries of operation. Our experts are confident that the broker offers adequate protection regardless of your country of residency. It offers investing services across 180 countries, with a worldwide office presence spanning Asia, Europe, and Africa, with an impressive 4+ million registered clients.

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. Daily Market Analysis is FXTM’s very own news portal that offers detailed market analysis and insights to keep you in the loop with the latest market happenings. They analyse price movements based and technical and fundamental analysis across a range of global markets. The Market Analysis team are regularly quoted in major international publications, including BBC, CNN, CNBC, Bloomberg, The Wall Street Journal, Financial Times, Reuters and Forbes.

  • Traditional call centers, especially the more cost effective ones, simply won’t be able to provide the depth of service required to properly assist a forex trader with their inquiries.
  • FXTM is committed to educating traders, with a thorough and extensive educational centre that includes free eBooks and videos.
  • Please do get in touch with us at any time if you need any assistance.
  • Meanwhile, the Share accounts allow you to trade in European and US shares and have a reduced minimum spread value of 0.1, compared to 1.3 for Standard accounts and 1.5 for Cent accounts.

When trading with FXTM, you can deposit in USD, EUR and GBP, though global entities also accept PLN, CZK and NGN. The broker charges no deposit fees, but third-party charges may apply. Exchange rates may also apply if you are depositing in a currency other than your base currency. FXTM’s stocks list is average, with 300+ US and European stocks which are traded via CFDs. This means traders can speculate on the price movements of different stocks but cannot buy and own them through this broker. Our forex call center differs in a variety of ways from a traditional, outsourced call center.

Good regulated broker.

If you have more complex trading strategies, then you will probably want to steer more towards MT5. I have used MT4 for many years and never felt the need to switch. I love to experiment with the huge amount of free and paid add-ons available for it. The broker aims to empower traders to increase their trading knowledge so that they can get the best value from their investment. There are no commissions on any of the FXTM standard account types. Standard account types are best for new traders who may be trading on smaller accounts.

Market Depth

Compare FXTM with the top 3 similar brokers that accept traders from your location. The FXTM brand is authorized and regulated across several entities including; ForexTime Ltd, Exinity UK Limited and Exinity Limited. FXTM may offer a reduced leverage ratio based on individual experience, previous trading record, degree of customer loyalty and various other factors. Even if one were to fxtm broker employ an experienced sales team, it will take time for them to understand forex lingo before they can sell properly. For this reason, it makes sense to outsource forex sales to a firm with the necessary industry experience. Please note that the BTC withdrawal can be made only to the BTC wallet with which the funds initially were deposited, and only up to the amount deposited in BTC.

Top 3 Alternatives to FXTM

Thanks to FCA regulation, UK customer account deposits are insured up to £50,000 should FXTM become insolvent. Compliance means that FXTM must collect data from users but also keep it away from prying eyes, safeguard and segregate customer funds, and maintain a high standard of transparency. FXTM allows you to trade the most popular major, minor and exotic forex currency pairs, on MT4 and MT5.

App support

FXTM MT4 and MT5 apps offer 30 indicators, interactive currency charts, and multiple timeframes for trading anywhere. In addition to real-time order tracking and profit/loss calculations, traders can close orders, make adjustments, and trade using tick charts, all while on the go. FXTM MT4 Broker is one of the most popular platforms in the world of the best forex trading broker, the MT4 broker platform. FXTM provides a fantastic MetaTrader 4 (MT4) download for desktop computers, Macs, mobile devices, and tablets. Due to the absence of interest on overnight positions when the swap-free mode is activated, this account complies with Sharia law.

Written by their in-house experts, they go into great detail and cover a wide range of topics suitable for both beginner and advanced traders. FXTM takes regulation and transparency very seriously with internationally-recognised licences held by the brand. Regulations are in place to ensure that the broker operates with the upmost fairness and integrity whilst they must comply to strict regulatory rules. Strict regulation in multiple jurisdictions can help to give clients peace of mind that they are using a trusted and transparent broker.

FXTM FAQs

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