Minimum Deposit: $5
EURUSD spread: ECN 0.1, Standard 0.7
Broker Regulation: CySEC & IFSC
Funding Options: Wire, credit card, and 18 other methods with more added continually
Trading Platform: MetaTrader 4 & MetaTrader 5
Web Trading Platform: Yes
Mobile Based: Yes
ForexTime is a Cyprus based Forex company that established by Andrey Dashin in 2012. As a relatively new broker service, ForexTime has grown into one of a reliable broker with a dazzling reputation all over the world. It is regulated by Cyprus Securities and Exchange Commission for ForexTime Limited, along with advance compliance from the IFSC of Belize for FT Global Ltd. In the span of a few years, ForexTime already proven its liability and has received abundance awards and has handled around 500.000 active clients. It has few number of representative offices all around the world and recently has opened a new branch in London, UK – one of the trading center in Europe.
Safety and security are the main priority in Forex trading, which has been applied thoroughly in their working systems. Integrity, transparency, and professionality always be their main agenda in giving clients exceptional trading experience. The broker will pay all their attention to your need, whether you are a proficient trader or just new adventurer. Traders may choose from three Standard and five ECN accounts with no commission charged. The deposit starts from as low as $5 up to the unlimited amount.
Their website is using the latest technology and available in 18 languages. They utilize MT4 and MT5 protocols in their approach to allow maximum trading efficiency. Traders can find a lot of useful information in ForexTime website, including speed of order execution, slippage, and requotes levels. With free-flow commentary, complete material, and transparent feedback, online trading with FXTM will be one pleasurable and beneficial investment. Furthermore, their ForexTime App can be downloaded at PlayStore and AppStore, which are very mobile friendly and allowed their client stay online all the time. The standard account has more flexibility of financial instruments, including forex currency pairs, Spot Metals, share CFDs,Commodity Futures, ETFs, Precious Metals, and Commodities. As for Shares account designed specifically for Shares CFDs and covered by a direct connection to the NYSE and NASDAQ for pricing of their listed products.
Additionally, ForexTime offers two investment programs which are the traditional PAMM and the latest copy-trading solution, FXTM Invest. Through the PAMM program, investors are able to optimize their portfolio with direct helps from FXTM Portfolio Management Department that managed by well-experienced forex expertise and consultant. The portfolio will be chosen from a potential trader with consistent successful trading history. While FXTM Invest is an innovative program which allows traders and investors take a closer approach to the market value with flexible and transparent trading status notification.
ForexTime also prioritizes trader’s safety and takes fund deposit and withdrawal seriously to avoid any misconduct. Their account managers are ready to help you through step by step in withdrawal process and will offer solution if there any problems found. Unfortunately, ForexTime still not accepting traders from the US so far.