Forex Time succeeded to establish itself as a recognizable name for just two years.
celebrates its second birthday this August. For these two years the broker has experienced nice growth and has more or less established itself in a highly competitive market.
What you don't probably know is that FXTM is related to the Russian broker Alpari being established by its founder and main share holder – Mr Andrey Dashin.
Apart from this FXTM started as one of the first brokers offering cent accounts (such that shows your balance in cents making you feel rich). Currently, approx. 6000 FXTM customers are using cent accounts according to the company. Surely, the starting strategy of the company was to aim at developing markets.
Bit it doesn’t stop there. FXTM introduced ECN Zero trading account offering traders lower spreads without commission charges. Today it is used by ca. 15,000 traders. These traders were offered the opportunity in January 2014 to increase their earning by becoming an Introducing Broker (IB). Simply put it allows traders to be compensated for bringing new clients to the company. Why not if one is happy with their service?
Later this year FXTM also started its Partners Affiliate Program. The program gives bloggers, forum-owners, websites, etc. the opportunity to use “incredible selection of banners, text links, promotional emails and other cool tools to help them boost their marketing efforts.” One is paid for every customer he has brought to FXTM via a website. The payment may rise to $1000 for every new client. Nice opportunity for every forex enthusiast.
Not bad for just two years. May long it continue and happy birthday FXTM!