Brokers News

FXTM Now Offers Fixed Spread Accounts to its Clients

Sep 02 2013 13:30:27 GMT
By
Maria Nikolova , Forexbrokerz.com Find me on Google+
Forex Time, or FXTM, the Cyprus-based broker that only recently celebrated its first anniversary, is continuing to boost its service line-up and today announced the launch of Fixed Spread accounts.
 
Although FXTM already offers fixed spreads on some of its other account types, such as the FXTM Cent accounts and FXTM ECN MT5, the broker has decided to release a separate type of an account whose owners will enjoy the perks of these spreads. 
 
The Fixed Spread account comes along with no requirement for a minimum deposit and a maximum leverage of 1:500, which can sufficiently enhance your trading power. You can trade a raft of trading instruments, including precious metals. The spreads are acceptable, they are lowest for the EUR/USD pair at 2.1 pips and are highest at 19 pips for EUR/NZD. 
 
Although the size of the spreads may loom significant to some of you, bear in mind that the fixed spreads are named so for a reason – they are not susceptible to the influence of market fluctuations during news releases, for example. No wonder then that the broker advertises the new sort of accounts as worry-free one, it actually allows you to trade without any stress. Moreover, this type of accounts is highly suitable for those who use expert advisors (EAs) – the Forex robots that make money for you on the Metatrader 4 (MT4) platform.
 
By the way, before you opt to open a Fixed Spread account with FXTM, make sure to update your MT4 terminal and trade with the latest version. 
 
The introduction of the Fixed Spread accounts comes just a week after the ambitious FX broker launched Cent accounts and a couple of months after it boosted the leverage on Standard accounts to 1:1000. As you can see, the broker is rather active and we eagerly anticipate its future product enhancements and innovations. 
 
To those of you, who (for some reason) shun FXTM's latest offer but would like to trade with fixed spreads, here is a list of FX brokers offering trading with these sort of spreads. 
 

About ForexTime

 
Led by Mr Andrey Dashin, founder of Alpari, ForexTime Ltd is committed to providing the tools and support to ensure maximum performance for traders. ForexTime Ltd will offer trading and other investment services in Forex, commodities, precious metals, shares, indices and other financial instruments.
TAGS: forex time  fxtm broker  fxtm forex broker  ftxm accounts  forex accounts  fixed spreads  fixed spread accounts  forex trading  forex platforms 

More news about FXTM

Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
US, UK, Australia CFTC/NFA, FCA, ASIC MT4, Web,
Mirror Trader,
Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA MT4, Web,
ProRealTime,
2Dealer
$1 Review Website
UK, Cyprus FCA, CySec MT4 $5 Review Website
UK, Cyprus FCA, CySEC MT4, MT5, Web,
cTrader,
SuperTrader,
FxPro Markets
$100 Review Website
Seychelles FinaCom MT4 $10 Review Website
UK, Bulgaria FCA, FSC Web $150 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC MT4, MT5 $300 Review Website
New Zealand FMA MT4 $1000 Review Website

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