FXTM added new financial instruments for trading on its ECN trading accounts – namely, contracts for difference (CFDs) on indices and commodities.
In fact, the broker’s Its offering covers more than 240 tradeable instruments, including forex, precious metals, CFDs on commodities, shares, ETFs and Indices. Besides, FXTM’s clients may choose from several ECN account types, among others: ECN, ECN Zero and ECN MT5, all of which offer market execution with tight variable spreads and leverage up to 1:1000. The typical ECN (MT4) spreads is just 0.7 pips on EUR/USD and if we add the commission ($4 round turn), average trading costs for this pair are around 1.1 pips per lot, which is a competitive pricing.
in order to suit the needs of traders of all preferences and levels FXTM offers a wide array of almost everything. Its clients may choose between market or instant execution, trading on MetaTrader 4 or MetaTrader 5, in ECN or Dealing Desk environment. Furthermore, they are able to select among 6 account types and to select among numerous payment methods.
ForexTime Limited, doing business as FXTM, is a global and award-winning broker with clients from over 180 countries. It is licensed and regulated by the Cyprus Commodities and Exchange Commission (CySEC) as a Cypriot Investment Firm. What is more, the broker got is licensed by the Financial Services Board (FSB) of South Africa in August this year.