Brokers News

FXTM Now Offers Fixed Spread Accounts to its Clients

Sep 02 2013
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

FXTM introduces cryptocurrency CFD trading Sep 08 2017 07:48:40
FXTM expands sports sponsorships with tennis star Dominika Cibulkov Jul 04 2017 12:31:06
FXTM launches Viber, Whatsapp accounts, opens Partners office in Vietnam Jun 28 2017 09:16:07
FXTM expands services for ECN Zero, Strategy Accounts Jun 27 2017 11:02:04
FXTM becomes a sponsor of rookie IndyCar driver Ed Jones May 26 2017 12:42:01

Broker	Advantages
	FXTM is a EU regulated forex broker, offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $1 and take advantage of tight fixed and variable spreads, 1:1000 leverage and swap-free accounts.
	easyMarkets is a CySEC and ASIC regulated broker offering access to over 300 trading instruments, tight fixed spreads, no slippage and a 50% deposit bonus.
	HY Markets is global forex broker with more than 30 years of operational experience, regulated by FCA in the UK. Trade Forex with spreads as low as 1.8 pip
	XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
	FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

	FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
	FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

	FBS is a broker with cool marketing and promotions. It runs an ongoing monthly $999 forex contest, offers a $5 no-deposit bonus for anyone willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

	Grand Capital is a MT4 forex broker, offering $500 no deposit bonus and 40% bonus on all deposits.

Broker	Country	Regulation	Platform	Min Deposit	Review
	Cyprus	CySec	MT4, MT5, Web	$5	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web	$100	Review Website
	UK, Cyprus, Hong Kong	FCA, CySEC, SFC	MT4, Web, PrimeTrader	$100	Review Website
	UK, Cyprus	FCA, CySec	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Australia, Singapore	FCA, ASIC, MAS, BaFin	MT4, Web, ProRealTime, 2Dealer	$0	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus	CySec	MT4, Web, Gwasy	$100	Review Website
	Belize	IFSC	MT4, MT5, Web	$1	Review Website
	Cyprus	CySEC	in-house mobile app	$50	Review Website
	Seychelles	FinaCom	MT4	$10	Review Website

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