FXTM

Established in 2011, FXTM (Forex Time) is operated by the FXTM brand, which is part of the Exinity Group. The company is regulated by several financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa.

FXTM offers a range of trading instruments, including currency pairs, commodities, indices, and shares. Traders can access the markets through various trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are popular and widely used among forex and CFD traders.

Broker provides significant educational resources such as webinars, seminars, video tutorials, and market analysis to help traders improve their trading knowledge and skills.

FXTM offers a feature called “FXTM Invest,” which allows traders to automatically copy the trades of experienced traders. This feature is designed to help beginner traders learn from experts and potentially generate profits.

The company offers customer support services through various channels, including live chat, email, and phone support, to assist clients with their inquiries and technical issues.

Regulation and Security: FXTM is regulated by reputable financial authorities, which helps provide a level of oversight and protection for clients’ funds. The broker also offers secure payment methods and implements measures to safeguard clients’ personal and financial information.

Regulation

The FXTM brand is authorized and regulated in various jurisdictions.

ForexTime Ltd is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614.

Exinity Capital East Africa Ltd is regulated by the Capital Markets Authority of the Republic of Kenya with a Non-Dealing Online Foreign Exchange Broker with license number 135.

Exinity UK Limited is authorised and regulated by the Financial Conduct Authority with license number 777911.

Exinity Limited is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295.

Exinity Limited is a member of the Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.

Countries of presence

FXTM serves a global audience from over 150 countries, with a global network of offices, spanning Europe, Africa, and Asia.

Awards

Over the past 10 years, FXTM has received over 45 awards in education, technology, service and trust, such as:

• The Best Educational Program 2022
• The Most Trusted Forex Broker 2022
• The Best Islamic FX Accounts 2022
• The Best Mobile App 2022
• Best Trading Experience 2021
• Best Forex Education Provider Nigeria 2021
• Best Online Leveraged Trading Specialists 2021
• etc.

Trading platforms

MT4 available on PC, Mac, mobile and tablet

MT5 available on PC, Mac, mobile and tablet

Mobile Trading with FXTM Trader app

Trading accounts

• Demo account
• Micro trading account (from $10)
• Advantage trading account
• Advantage Plus trading account

Trading instruments

1000+ instruments in the following markets:

• Metals
• Stocks
• Stock CFDs
• Currency Pairs (FX)
• Indices
• Commodities

FXTM also provides traders with such an instruments as Copy Trading as well as various analytical services:

• Market Analysis
• Daily Market Analysis
• Market Analyst Team
• Economic Calendar

Registration process

Registration on the broker’s platform is carried out online and requires specifying:

• first name
• last name
• country residence
• mobile phone
• email
• password

Verification

Once a user becomes a verified customer, they will have access to all FXTM products and services. The user can verify the profile by uploading clear color copies (mobile phone photo or scanned) of the following documents:

Identity card – passport, national identity card or driver’s license. If the identity document also shows the correct residential address, additional proof of address may not be required.

Proof of address – bank/card statement or utility bill. Examples of documents that can be provided:

• Bills for water/gas/electricity/internet/telephone.
• Proof of residence or lease agreement.

Deposits and withdrawals

FXTM offers a wide range of deposit and withdrawals methods including credit and debit cards, e-wallets, bank transfers and local payment solutions in India, Kenya, Indonesia, Ghana, Nigeria etc.

Support

The broker’s website is available in 18 languages. 

Support working hours: Monday to Friday: 24 hours, Saturday: 11:00-16:00, Sunday: 12:00-20:00. 

The broker provides real-time user support on its website via Live Chat, WhatsApp, Telegram, FB Messenger. Users also can contact FXTM via telephone, email or the website form. 

Phone support is provided in India, Kenya, Indonesia, Nigeria and South Korea.

Promo&Bonuses

FXTM does not provide bonuses to users.

Affiliate program

FXTM Partners’ Affiliate Program allows users to earn up to $600 for each qualified trader.

Training

The broker offers its clients the Knowledge Hub educational platform, which includes:

• Full Library
• Trading Videos
• Ebooks
• Trading Tools
• Pip Calculator
• Glossary