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friendly customer support

In summary,no major problem with them in trade execution, MT4 works well.
in short greater professionalism exhibeted by FXTM including their friendly customer support who have helped me in any issues related to my account.
Will have them for their excellent service and i highly recommend FXTM.com especially for beginners.

Rui 2016-10-27

In the course of just a few years, FXTM has firmly established itself as a global broker; basing its entire philosophy around the most precious commodity of all: time.  Constantly upgrading and bettering themselves, in order to provide their clients with one of the best trading experiences in the industry. 

 

Furthermore, FXTM has developed one of the most thorough and comprehensive educational programs in the business. This client-centric broker created an array of ways to provide its clients with effective trading knowledge and education. 

 

No matter the skill level or type of trader, FXTM has developed a trading and even an investing account option perfectly suited to their needs and requirements. Their speed of execution, strict fund security and exceptional customer support play a big role in FXTM’s success and is what drives them to constantly discovering and providing traders and investors with greater opportunities. 

 

For clients who prefer automated trading strategies through Expert Advisors (EAs), FXTM offers a designated forex VPS service, and technical traders can take advantage of the Trading Central technical analysis tool – free of charge.

 

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 $5 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, South Africa, UAE CySec, FSCA, FSC MT4, MT5, Web $5 Review Website
Cyprus CySEC MT4, Web $25 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website

Latest Forex News

UK’ FCA updates warning list with MarketGBP, Capital-Traders, and FXTRADE777

Jan 17 2019 08:59:23, Jonathan Smith in Market

  The UK’s Financial Conduct Authority updated its warning list with unregulated forex brokers MarketGBP, Capital-Traders, and FXTRADE777 on Wednesday. According to the regulator, these brokers have been providing financial services or products in the UK without its authorization.   In its official notices the UK financial watchdog keeps warning that “some firms act without our authorisation and some knowingly run investment scams”. Our further reasearch on the three companies revealed that more likely all of them are involved in some sort of scam. Read more

CySEC warns against World Trust Invest, Eurotrade Investments, and CoinOptions Trade

Jan 16 2019 13:32:44, Jonathan Smith in Market

  The Cyprus Securities and Exchange Commission (‘CySEC’) issued a warning against unregulated brokers World Trust Invest, Eurotrade Investments, and CoinOptions Trade on Tuesday. According to the regulator, the brokerage brands and their websites are not operated by Cypriot Investment Firms, authorized to provide investment services in the country.   World Trust Invest (WTI) is obviously a Russian forex and CFD broker, as its website www.worldtrustinvest.com is available only a Russian language. It uses the UTIP platform and provides an address in Switzerland. Read more

BaFin orders Prestige FM / Euro Wealth OÜ to cease operations

Jan 15 2019 11:58:26, Jonathan Smith in Market

  The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) has ordered Euro Wealth OÜ, operating Prestige Financial Markets brokerage brand, to cease offering illegal cross-border trading services to German investors.   BaFin said that the above-mentioned company offers German clients CFDs on currencies, equities, commodities, indicia and cryptocurrencies thorough its website www.prestige.fm, and it is not authorized to do so. The regulator also noted that Euro Wealth OÜ was formerly known as Allpro Tech OÜ, and Nostro Technology OÜ. Read more

ASIC blacklisted unauthorized forex broker 4XFX

Jan 14 2019 14:27:06, Jonathan Smith in Market

  The Australian Securities and Investment Commission (ASIC) added unregulated forex broker 4XFX to its warning list previous week.  ASIC advised investors not to deal with this broker, also known as FRG Europe OU, as it is not authorized to provide financial services in Australia and could be involved in a scam.   4XFX (operating via www.4xfx.com) claims to provide access to a lot of markets on both the MetaTrader4 and a proprietary web-based platform, but has failed to disclose its trading conditions clearly. The brand is allegedly operated by GRF EUROPE OÜ, a company based in Tallinn, Estonia. Read more

XM applies for a forex dealer license in the US

Jan 11 2019 13:39:14, Jonathan Smith in Brokers

  The US subsidiary of major forex brokerage XM has applied for a membership with the National Futures Association (NFA). This became clear from a filing by the broker’s US entity Trading.com Markets Inc. (previously Trading Point US Inc.) with the NFA dated January 3, 2019.   More specifically, the application is for Forex Dealer Member (FDM), NFA membership and Retail Foreign Exchange Dealer (RFED) status, which is quite an event for the US forex market. Only a few forex brokers have left legally operating there due to the heavily regulated environment and high operating costs - OANDA Corporation, IG and Forex.com parent GAIN Capital. Read more

ESMA calls for common approach on cryptocurrencies

Jan 10 2019 14:47:15, Jonathan Smith in Market

  The European Securities and Markets Authority (ESMA) has identified certain gaps and issues in the existing EU financial regulatory framework for cryptocurrencies and considers that further measures need to be taken in the sector to ensure investor protection. This became clear from ESMA’s Advice to EU Institutions (Commission, Council and Parliament) on initial coin offerings and crypto-assets published on Wednesday. Read more

HotForex acquired DFSA license, commences operations in the UAE

Jan 08 2019 10:45:37, Jonathan Smith in Brokers

  HotForex is now licensed by the Dubai Financial Services Authority (DFSA) and announced it commences operations in the United Arab Emirates (UAE). The Dubai arm of the HF Markets Group, HF Markets (DIFC) Ltd., acquired the DFSA license in December last year.   “This is an important milestone for HF Markets. The UAE and the GCC offer very promising business prospects and we look forward to great success”, commented George Koumantaris, the Chief Executive Officer (CEO) of HF Markets Group.   HotForex now enters a promising market, as the GCC (Gulf Cooperation Council) region strives to diversify their economy away from oil. Read more

FCA added SafeMarkets to its warning list

Jan 04 2019 09:06:03, Jonathan Smith in Market

  The Financial Conduct Authority (FCA) in the UK added SafeMarkets to its long list of companies that illegally target British customers and offer financial services without a license.   “Some firms act without our authorisation and some knowingly run investment scams”, stated the FCA in its warning. That being said, this may be the case with SafeMarkets, which offers trading in forex and various CFDs with a focus on cryptocurrencies. The brand is allegedly operated by Optiumcommerce OU, an Estonian company, which is not licensed by the Financial Conduct Authority, nor by the Estonian financial regulator. Read more

Abshire-Smith winds down UK operations due to the tough EU regulatory regime

Jan 02 2019 14:58:22, Jonathan Smith in Market

  A regulatory filing with the UK’s Companies House revealed that London-based forex and CFD brokerage Abshire-Smith is closing down its operations in the United Kingdom. The reason for the move is Brexit, as well as the restrictions on CFD trades imposed by European Securities and Markets Authority (ESMA) since last year, as reported by online media Finance Magnates.   Abshire-Smith is a London-based broker established back in 2011 and regulated by the Financial Conduct Authority  (FCA) in the UK since 2012. It also operates Nexsus Financial Markets brokerage brand. Read more

CySEC statistics: After some records have been achieved in 2016 and 2017, what’s next?

Dec 31 2018 14:47:19, Jonathan Smith in Market

  According to data published by the Cyprus Securities and Exchange Commission (CySEC), the number of licensed forex brokers in the country peaked in 2017, while the largest trading and net income was reached in 2016.     Looking at the statistics, the total number of Cypriot Investment Firms (CIFs) in 2017 amounted to 235, and their clients were about 1.5 million. Furthermore, Cypriot brokerage companies got about €1.68 billion of revenues last year, and their net income totaled to €222.7 million, which represents a YoY decrease by 32% and 77% respectively, when compared to 2016. Read more

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