FXTM Reviews
(Rated by 5 users)
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Payment Methods
- Credit/Debit Cards
Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
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Overall Rating
4.5
Base on 5 Reviews
Ratings by Feature
Ratings by Feature
- Good Value4.5
- Price & Quality4.3
- Return Policy5.0
- Shipping & Delivery4.0
- Customer Service4.3
Recent Customer Reviews (5)
Angelika Muench
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Amelie Watkins
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Poppy Houghton
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Ardith Tash
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Kiera Bennett
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FXTM Pricing
commission per round lot
$0.80 - $4.00
Payment Methods
Accepted Payment Options:
Prices for items on Forextime.com vary widely depending on the type of clothing and promotions available. Typical price ranges include:
Credit/Debit Cards
Payment Process
- Payments can be made online during the checkout process.
- For FXTM credit card payments, options include online payments, mail, or phone calls, but in-store payments are not accepted.
Refund Information
Refunds for returns will be processed back to the original payment method used during the purchase.
FXTM Pros & Cons
Pros
1
Low minimum deposit: This makes it accessible for traders with different budget levels.
2
Spreads from 0 pips: This can lead to cost-effective trading.
3
Copy Trading service: This allows users to mimic the trades of experienced traders.
4
Popular among algo-traders: Algo-traders can benefit from the platform's features.
5
Excellent customer service: Users can expect high-quality support.
6
Access to MT4 and MT5 platforms: These are popular and reliable trading platforms.
7
Easy account opening: The process to start trading is straightforward and user-friendly.
8
Low Trading Fees: FXTM offers competitive trading costs, especially in its commission-based accounts, with spreads starting from 0.0 pips and commission per round lot ranging from $0.80 to $4.00.
9
High Leverage: FXTM provides maximum leverage up to 1:2000, although it decreases as exposure per symbol increases, which is an intelligent choice for risk management.
10
User-Friendly Platforms: The broker offers upgraded MT4/MT5 trading platforms, which are available for mobile devices, making it convenient for traders to trade on their preferred devices.
11
Educational Resources: FXTM provides a wide range of educational tools, including webinars, ebooks, and glossaries of common forex trading terms, helping traders equip themselves with necessary knowledge and skills.
12
Regulatory Compliance: FXTM is regulated by reputable authorities such as the UK's FCA, CySEC of Cyprus, and the Mauritian FSC, ensuring client funds are stored in segregated accounts and offering deposit protection insurance.
13
Customer Support: FXTM offers quick and reliable customer support available in multiple languages, ensuring traders' queries are promptly addressed.
CONS
1
Inactivity Fee: FXTM charges an inactivity fee of $5 per month after six months of inactivity, which can add up over time.
2
Withdrawal Fees: The broker charges fees for withdrawals, which can vary based on the country of residence, currency, and withdrawal method.
3
Limited Product Range: Compared to other brokers, FXTM's product range is limited, which might not cater to all trading strategies or asset classes.
4
Poor Education Services: Some reviews suggest that FXTM's education services leave a lot to be desired, which could be a drawback for new traders.
FXTM Features and Benefits
Features
Low minimum deposit
makes it accessible for traders with different budget levels
Spreads from 0 pips
can lead to cost-effective trading
Copy Trading service
allows users to mimic the trades of experienced traders
Popular among algo-traders
algo-traders can benefit from the platform's features
Excellent customer service
users can expect high-quality support
Access to MT4 and MT5 platforms
these are popular and reliable trading platforms
Easy account opening
the process to start trading is straightforward and user-friendly
Advantage Account
typically zero spreads on major FX pairs like EURUSD and USDJPY, as low as zero on Gold (XAUUSD), with low commissions ($3.5 per lot on FX, $25 per million on Spot Metals, $35 per million on Index and Commodity CFDs, 0.05% on Cryptocurrency CFDs, $0.02 per side/lot on Stock CFDs min $0.01)
Advantage Plus Account
ultra-tight spreads with zero commission fees
Commission-free US stock trading
includes free access to real-time price data
Low Trading Fees
competitive trading costs, especially in commission-based accounts, with spreads starting from 0.0 pips and commission per round lot ranging from $0.80 to $4.00
High Leverage
maximum leverage up to 1:2000, decreases as exposure per symbol increases which is an intelligent choice for risk management
User-Friendly Platforms
upgraded MT4/MT5 trading platforms available for mobile devices, making it convenient for traders to trade on their preferred devices
Educational Resources
wide range of educational tools including webinars, ebooks, and glossaries of common forex trading terms, helping traders equip themselves with necessary knowledge and skills
Regulatory Compliance
regulated by reputable authorities such as the UK's FCA, CySEC of Cyprus, and the Mauritian FSC, ensuring client funds are stored in segregated accounts and offering deposit protection insurance
Customer Support
quick and reliable customer support available in multiple languages, ensuring traders' queries are promptly addressed