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 honoured with two World Finance Awards Aug 10 2018 12:24:48
Former Gain Capital executive Alexis (Lex) Webster joins FXTM as CCO Jul 10 2018 12:16:12
FXTM launches MT5 trading for Pro account holders Apr 11 2018 10:02:35
FXTM has reduced spreads on ECN MT5 accounts Feb 23 2018 08:07:52
FXTM gets FCA license Feb 05 2018 10:50:34

Broker	Advantages

	FXTM a regulated forex broker (regulated by CySEC, FCA and IFSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible 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.

	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.
	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.
	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.
	HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage - one of the highest in the industry.
	Exness is a leading forex broker, offering MT4 and MT5 platforms. Traders can take advantage from a true ECN environment and trade on ultra tight spreads, starting from 0 pips.

Broker	Country	Regulation	Platform	Min Deposit	Review
	US	CFTC, NFA	MT4, Web, in-house	$50	Review Website
	Cyprus, UK, Belize	CySec, FCA, IFSC	MT4, MT5, Web	$10	Review Website
	Cyprus, Australia	CySec, ASIC	MT4, Web, Mobile app	$100	Review Website
	Australia	ASIC	MT4, MT5, IRESSTrader	$100	Review Website
	UK, Cyprus, Australia	FCA, CySec, ASIC	MT4, MT5	$5	Review Website
	UK, Australia	FCA, ASIC	MT4, Trading Station, NinjaTrader	$50	Review Website
	UK, Cyprus, UAE, South Africa	FCA, CySEC, DFSA, FSB	MT4, MT5, FxPro Markets, cTrader	$100	Review Website
	Cyprus	CySEC	MT4, MT5, Web	$1	Review Website
	Belize	IFSC	MT4, MT5	$100	Review Website
	Cyprus, UK, South Africa, UAE	CySec, FCA, FSCA, DFSA	MT4, MT5, Web	$5	Review Website
	Cyprus, UK	CySEC, FCA	MT4, MT5	$1	Review Website
	Australia	ASIC	MT4, MT5	$100	Review Website
	UK	FCA	MT4, Web, MT4 for Mac	$100	Review Website

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