Is FXTM a good forex broker?

Is FXTM a legit company? Yes, FXTM is a legit broker, as each of the entities and brands that it serves is authorized and regulated by various global jurisdictions. The main entity ForexTime Ltd is regulated by CySEC of Cyprus, authorized by FSCA of South Africa, and additional offshore authority FSC in Mauritius.

Can FXTM be trusted?

FXTM or ForexTime was founded in 2011 and is a global CFD and FX broker. It is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). FXTM is considered safe because it is regulated by the top-tier FCA.

How long does it take to withdraw money from FXTM?

within 24 hours
Withdrawals are processed by FXTM within 24 hours of your request. The funds will be posted to your Debit/Credit card within one business week of being processed by us. There may be a delay if we are unable to verify your information. You can withdraw funds using your card only if the same card was used for deposit.

What type of broker is FXTM?

FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader. FXTM is a leading forex and CFD broker. Offering a huge range of markets and 6 account types, they cater to all levels of trader.

Is FXTM good for beginners?

Based on our scoring methodology, FXTM is not considered good for beginners.

What happened to FXTM?

The reason why FXTM decided to suspend its retail business happens to be quite straightforward. In light of internal business decisions to focus on other markets and grow their B2B operations, many forex brokers, like Exness, decided to close the retail business in EU/EEA, including the UK.

Does FXTM take perfect money?

How to Make a Deposit to Your FXTM Account. Complete the Fund Deposit form in MyFXTM and confirm the payment. You will then be redirected to Perfectmoney from where you will need to fill in your Member ID, password and Security code. Then, complete the payment.

Is alpari a good broker?

Conclusion. Overall, Alpari review features the company with a long history of operation, which passed numerous crises and hard times nevertheless managed to offer global services to the thousands of their clients. Nevertheless, we can recommend Alpari as a trustable broker to trade with.

Is fxtm a good forex broker?

FXTM is a good broker well-known and regulated worldwide, there are numerous regulated entities of FXTM. Account opening is easy, FXTM has on of lowest deposit requirements and trading conditions are good with low spreads and excellent customer service and Forex education.

What is foreforex time (fxtm)?

Forex Time (FXTM) was established in 2011 when one of the co-founders of Alpari separated from the Russia-based broker and launched one of his own under the FXTM brand. Since then, the company has opened a number of offices around the world, and is believed to be one of the fastest growing brokers in the industry.

What types of trading accounts does fxfxtm offer?

FXTM offers a wide range of trading accounts, which may be categorized in two groups: Standard (Standard, CENT, and Shares accounts) and ECN (ECN MT4, ECN MT5, ECN ZERO and Pro).

Is ForexTime regulated by FSC?

The main entity ForexTime Ltd is regulated by CySEC of Cyprus, authorized by FSCA of South Africa, and additional offshore authority FSC in Mauritius. Also, the FXTM UK brand is licensed by the Financial Conduct Authority known sharp regulator, which has principals built by European MiFID and ICF allowing cross broker activity.