The history of ForexTime
Established in 2011, compared with experienced brokers in forex market, FXTM is the youngest experienced broker. However, FXTM is currently the fastest growing broker, within 7 years, it has 1 million registered accounts and has received lots of prestigious awards such as Most Innovative Broker (2018), Best Forex Broker Russia ( 2018), Best Forex Education Provider Africa (2018) Or Best Trading Conditions (2018). The reason FXTM has achieved such success is largely due to the leadership of its founder Andrey Dashin and a key shareholder of Alpari (a well-known forex broker in the financial market). With valuable experience from Alpari, Andrey Dashin has helped FXTM achieve achievements that not all brokers can do.
Licenses of ForexTime
You may not know that any broker who wishes to operate in the forex market must have at least 1 financial institution in the world licensed. Each financial institution has its own rules, so the bigger the organization, the more stringent the requirements. Therefore, if the broker you are about to open a trading account licensed by a well-known organization in the world, it is a credible broker. Because of this, many underground brokers also seek to counterfeit licenses from these agencies. So you should check or go to the financial institutions such as FCA, NFA, ASIC, FINM ... to see if the broker you want to trade is actually licensed.
Trading platform of ForexTime
Cent account: suitable for new traders or experienced traders they will use the Cent account to test the broker before making a large deposit. Due to the low minimum deposit of only $ 5, the leverage is up to 1: 1000.
Standard account: offers traders a range of features and perks suitable for all traders, from beginner to expert. Minimum deposit is only from $ 100 and leverage up to 1: 1000, if you have been trading for a while, this is the perfect account for you.
Stock Account: FXTM allows trading of more than 180 stocks with high leverage up to 1:10, zero commission and real-time data from the center of the two largest stock exchanges in the world.
ECN account: the commission in ECN account of FXTM is relatively low, about $ 4 / lot, especially the minimum deposit of FXTM in this type of account can be considered as the lowest of only $ 200 among the credible brokers in STP / ECN format. Therefore, if you would like to trade in the interbank market, opening a forex account at FXTM is the opportunity for you.
Deposits and Withdrawal at ForexTime
- Hold many contests on Demo account and many promotions.
- Lots of documentation, good customer care.
- Shares accounts (stocks, securities) have very good spread
If you want to open an account, please click on the below: