IC Markets Review
Forex Time: An Introduction
Forex Time also known as FXTM was founded in 2011 and it offers its clients the MetaTrader 4 and 5. It offers a wide range of trading instruments like Cryptocurrencies, Forex,Indices, Commodities,Metals,Shares CFDs and real stock.
Forex Time has an easy account opening and it also offers a leverage of up to 1:1000 Offering. FXTM is regulated by a tier-1 regulator the UK FCA (Financial Conduct Authority) along side with FSCA (Financial Sector Conduct Authority)
Trading Platforms
Deposits / Withdrawals
Trading Platforms
FXTM offers its clients 3rd party trading platforms that can be downloaded on PC, Mac, mobile or tablet to suit your needs.
The trading platforms are Metatrader 4 (MT4) and Metatrader 5 (MT5) which are both provided by Metaquotes.
The MT4 is provided in more than 30 different languages to choose from and it's available for all account types.
Web versions of these platforms can also be used.
Account Types
Deposits / Withdrawals
Trading Platforms
FXTM offers 7 account types.
ECN Account has low spread although there is $2 per lot commission.
ECN Zero Account has a high spread and no commission
FXTM Pro Account has a lower spread and no commission
FXTM Pro MT5 Account lower spread and there is commission
Standard Account has a high spread and no commission
Cent / Micro Account has a
FXTM offers 7 account types.
ECN Account has low spread although there is $2 per lot commission.
ECN Zero Account has a high spread and no commission
FXTM Pro Account has a lower spread and no commission
FXTM Pro MT5 Account lower spread and there is commission
Standard Account has a high spread and no commission
Cent / Micro Account has a high spread and no commission
Shares Account has a high spread and no commission.
Islamic/Swap Free Accounts are also available on all account types.
Please note that some accounts have floating commissions. For ECN MT4, for example, the commission depends on the trading volume and equity. Please visit the broker to see more information.
Deposits / Withdrawals
Deposits / Withdrawals
Deposits / Withdrawals
You can deposit via local transfer for Ghana, Nigeria, Algeria, Kenya, Indonesia and many more, that you can find on their website.
All clients also have the option to make a deposit via Bank Wire, Visa, Mastercard, Maestro card, cryptocurrency like Bitcoin, Dixipay, Alfa Click and many more. VIPs have the added option to deposit via Netel
You can deposit via local transfer for Ghana, Nigeria, Algeria, Kenya, Indonesia and many more, that you can find on their website.
All clients also have the option to make a deposit via Bank Wire, Visa, Mastercard, Maestro card, cryptocurrency like Bitcoin, Dixipay, Alfa Click and many more. VIPs have the added option to deposit via Neteller and Skrill.
Regarding FXTM withdrawals the majority of the options are free and will be processed within 24h
With that being said, some do have a small withdrawal fee or small percentage and can take up to 48h