Forex Time (FXTM) is licensed and supervised in various jurisdictions, starting with the Cyprus Securities and Exchange Commission (CySEC license number 185/12) as they hold their headquarters in Cyprus. They have successfully spread their name worldwide, being licensed by the Financial Services Board (FSB 46614) of South Africa, the Financial Conduct Authority of the UK (FCA 600475), as well as being regulated by the International Financial Services Commission of Belize. In total, FXTM is registered with 19 organizations across the globe.
FXTM has an account catering to every trader, separating their services into seven different trading accounts. Hedging and scalping is possible in most accounts, as well as offering swap free options and cent lots. Compared to most, FXTM definitely has a low minimum deposit set at $5, and a high leverage of 1000:1. Such specs can prove extremely attractive to the new trader.

ForexTime (Fxtm) at a glance

Broker Name
Regulation FSCA (South Africa), FCA (UK) & CySec (Cyprus)
Minimum Deposit $/€/£ 5
Demo Account Yes
Leverage 30:1 Retail & Up to 1000:1 Professional
Tradable Product CFD markets: Forex, Indices, Commodities, Spot Metals, Shares & Cryptocurrencies
Trading Platforms MetaTrader 4 & MetaTrader 5 on Windows, Mac, Android & IOS
Payment Option Debit and Credit Cards (Visa, Mastercard, Maestro),Neteller, Skrill
Current Bonus & Promotion DEPOSIT BONUS 30%

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