Fxtm is a Forex broker headquartered in Limassol, Cyprus. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) and has offices in more than 20 countries around the world.
It offers a variety of services such as forex trading, CFD trading, and cryptocurrency trading. With low spreads and fees, Fxtm is one of the most popular brokers among beginner traders. But is it the best broker for you? Here are some things that answer all of your questions about FXTM brokers feedback.
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Accounts and Fees
Fxtm offers four types of accounts: Standard, Cent, Shares, and ECN. The Standard account is suitable for beginner traders as it requires a minimum deposit of just $100 and offers fixed spreads from 1.3 pips.
The Cent account is suitable for those who want to trade with smaller amounts, as it requires a minimum deposit of just $10 and has spreads from 1.5 pips. The Shares account offers access to more than 120 stocks and requires a minimum deposit of $500.
Platforms and Tools
Fxtm offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. It also offers its own proprietary platform, FxPro Trader, which is available for both desktop and mobile devices. All platforms are user-friendly and offer a variety of features such as charts, indicators, and expert advisors.
Additionally, Fxtm offers a range of trading tools such as an economic calendar, market analysis, and educational materials. The broker also offers an automated trading service, which allows traders to set up automated trading strategies.
Customer Service
Fxtm provides excellent customer service with 24/5 support via email, phone, and live chat. The broker also has a comprehensive FAQ section on its website.