FXTM

About

FXTM is a trading name of ForexTime Limited, which is licensed and regulated by the Cyprus Commodities and Exchange Commission (CySEC) as a Cypriot Investment Firm. CySEC applies a set of rules and requirements to license holders, which are not as stringent as in US or Switzerland, for instance, yet they provide a certain level of security.

Basic information

Minimal deposit: 5 USD

Leverage: 1:1000

Platform: MT4, MT5

Spread from: 1,3

Pros

+ the modern MT5 platform is available to all clients

+ Swift trade executions made possible by modern technological solutions

+ mobile trading is supported

Cons

– limited payment options

– no trader academy and no tangible trader tools

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RATING

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