Written by Angelo Martins
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Zadnje ažuriranje svibanj, 2024

FXTM (Forextime) Sveukupna ocjena

4,1
Na mjestu 24 od 1103 (Brokeri na Forexu)
Ukupna ocjena objedinjuje niz ocjena u više kategorija.
Ocjena Ponder
Ocjena korisnika 3
Popularnost
3,0
3
Regulacija
5,0
2
Ocjena cijene
4,6
1
Značajke
Nije ocijenjeno
1
Podrška za korisnike
Nije ocijenjeno
1

Pros

  • Highly regulated across multiple jurisdictions
  • High user rating of 4.3 out of 5
  • Segregated client funds
  • Wide range of tradable instruments
  • Competitive spreads and costs
  • Established broker with over 10 years in business
  • High organic web traffic

Cons

  • High negative swap rates
  • Privately owned, not publicly traded
  • No investor compensation scheme in some jurisdictions

We tested FXTM (forextime.com) using real-money live accounts

Trustworthiness & Regulation

FXTM, also known as ForexTime, is a well-established broker founded in 2012. It is highly regulated across multiple jurisdictions, including Cyprus (CYSEC), the United Kingdom (FCA), Mauritius (FSC), and South Africa (FSCA). This broker has received 44 user reviews, with 41 from verified real trading accounts, achieving a high user rating of 4.3 out of 5. FXTM is ranked 25th out of 1103 forex brokers based on user ratings and 23rd based on expert ratings. Despite being privately owned and not publicly traded, FXTM maintains segregated client funds and offers a wide range of tradable instruments. However, it is important to remember that even highly regulated and successful financial firms have failed in the past.

Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Forextime Limited up to €20,000 30 : 1
Exinity UK Ltd up to £85,000 30 : 1
Exinity Limited 2000 : 1
ForexTime Ltd 30 : 1

Deposit Insurance

FXTM supports various deposit insurance and investor compensation programs under its regulatory frameworks. For instance, under Cyprus CYSEC regulation, clients are protected by the Investor Compensation Fund (ICF) with coverage up to €20,000. In the United Kingdom, the Financial Services Compensation Scheme (FSCS) offers protection up to £85,000. These schemes compensate investors if the broker fails, providing an added layer of security for clients' funds. However, in other jurisdictions like Mauritius and South Africa, FXTM does not offer a specific deposit compensation scheme.

Spreads and Costs

When it comes to spreads and costs, FXTM offers competitive rates. Compared to market-leading brokers, FXTM's average spreads for forex, indices, and commodities are in line with industry standards. This ensures that traders can execute trades at reasonable costs, making FXTM a cost-effective choice for various trading strategies.

Combined Spread/Commission Costs by Asset Class Compared to Market Leading Brokers

Broker - Account Type Crypto Average Forex Average Indices Average Commodities Average
FXTM - Advantage Plus - 2.62 - 0.12
FXTM - Advantage - 2.7 - 0.13
Axi - PRO 13.67 1.22 1.55 0.07
IC Markets - Raw Spread 9.97 1.22 1.02 0.07
Tickmill - ECN PRO 9.25 1.44 1.74 0.11
IC Markets - Standard 10.09 1.49 1.05 0.09
Pepperstone - Standard 9.85 1.65 2.14 0.08
Tickmill - Classic 8.33 2.07 1.65 0.15
Axi - Standard 14.78 2.23 1.54 0.13
FxPro/FxPro UK - 2.37 3.3 -
XM Group - Standard 39.34 2.49 3.8 -

Note: Crypto averages comprise (BTCUSD, ETHUSD), forex averages comprise (EURUSD, USDJPY, GBPJPY, EURGBP, AUDNZD, CADCHF), indices averages comprise (US30, AUS200), and commodities average comprises (XAUUSD, XAGUSD) and that data is sampled every 10 seconds for 24 hours to calculate the average. Forex is stated in pips, and the others are stated in base currency. All spreads including both spread and commission calculated in.

Our data comes from our sophisticated spread analyzer tool, which collects live account information and syncs with our performance analytics system. To compare all brokers and instruments with the latest live data, visit our spread analyzer tool. A spread is the difference between the bid (sell) and ask (buy) price of an asset and can vary widely between brokers and account types. Some brokers charge higher spreads but no commission, while others charge both, making it crucial to assess the total cost, which includes both spread and commission. Our values reflect this all-in cost. Note that some brokers may set low costs on popular pairs like EURUSD but higher rates on other instruments. Many brokers also advertise "as low as" spreads that may not reflect the true average or include commissions. Comparing true all-in cost averages across various instruments and asset classes is vital for accurate assessment.

Combined Spread/Commission Costs Per Instrument Compared to Market Leading Brokers

Broker - Account Type BTCUSD ETHUSD EURUSD USDJPY GBPJPY EURGBP AUDNZD CADCHF US30 AUS200 XAUUSD XAGUSD
FXTM - Advantage Plus - - 0.46 1.08 5.34 1.41 4.94 2.48 - 3.52 0.21 0.03
FXTM - Advantage - - 0.83 1.68 4.8 1.59 4.43 2.87 2.07 - 0.24 0.03
Axi - PRO 25.03 2.3 0.54 1.31 1.84 0.72 1.44 1.46 2 1.1 0.13 0.02
IC Markets - Raw Spread 16.95 3 0.7 1.16 1.56 0.82 1.71 1.38 0.92 1.12 0.12 0.02
Tickmill - ECN PRO 17.19 1.31 0.55 1.32 2.63 0.64 1.85 1.68 2.26 1.22 0.21 0.01
IC Markets - Standard 17.19 3 0.88 1.14 2.12 1.35 1.84 1.6 0.92 1.18 0.16 0.02
Pepperstone - Standard 16.71 3 1.05 1.3 2.31 1.31 2.2 1.73 2.73 1.56 0.15 0.02
Tickmill - Classic 15.43 1.24 1.63 1.92 2.38 1.69 2.51 2.32 2.09 1.2 0.28 0.02
Axi - Standard 27.22 2.33 1.41 2.16 3.15 1.56 2.56 2.52 1.98 1.09 0.22 0.03
FxPro/FxPro UK - - 1.27 1.49 3.22 1.46 3.59 3.22 2.51 4.1 - -
XM Group - Standard 73.74 4.94 1.29 2.06 4.02 2.37 2.91 2.31 4.18 3.42 - -

Swap Rates/Financing Fees

Swap rates, also known as financing fees, are the costs or payouts associated with holding a position overnight. Positive swap rates pay out money, while negative swap rates cost money. FXTM has higher negative swap rates compared to some of the leading brokers, which can increase the cost of holding positions overnight.

Broker USDJPY Swap Short USDJPY Swap Long NZDUSD Swap Short NZDUSD Swap Long XAUUSD Swap Short XAUUSD Swap Long Average Rank
FXTM -30.31 3.21 -1.29 -1.6 20.52 -39.3 -8.13 Worst
IC Markets -2.59 1.25 -0.10 -0.14 20.78 -32.84 -2.27</td > Best
Axi -2.65 1.40 -0.04 -0.13 15.30 -33.00 -3.19 -
Pepperstone -2.61 1.22 -0.14 -0.13 23.75 -40.25 -3.03 -
XM -3.66 1.09 -0.16 -0.20 19.67 -46.99 -5.04 -
FxPro -2.99 0.94 -0.14 -0.15 18.50 -43.75 -4.60 -

Does FXTM Offer Islamic/Swap-free Accounts?

Islamic or swap-free accounts are designed for traders who cannot receive or pay interest due to religious reasons. FXTM offers swap-free accounts, which allow traders to trade without incurring swap or rollover charges on overnight positions. These accounts are available upon request and require traders to provide relevant documentation to prove their eligibility for a swap-free account. This makes FXTM a viable option for traders looking to comply with Islamic finance principles.

Other Fees

In addition to spreads, commissions, and swap rates, FXTM charges some other fees that traders should be aware of. These include withdrawal fees and inactivity fees. Withdrawal fees vary depending on the method used, with some methods incurring higher fees than others. Inactivity fees are charged if an account is inactive for a certain period, typically six months. It is important for traders to review these fees on the broker's website to avoid unexpected charges.

Fee Type Amount
Withdrawal Fee (Bank Transfer) $30
Withdrawal Fee (Credit/Debit Card) 2%
Inactivity Fee $5/month

Comparison to other Brokers

FXTM is a well-established broker with over 10 years in business. It is highly regulated and offers a wide range of tradable instruments. Compared to industry leaders like IC Markets, Axi, and Pepperstone, FXTM offers competitive spreads and a comprehensive trading platform. However, it has higher negative swap rates, which can increase the cost of holding positions overnight. Overall, FXTM is a reliable choice for traders looking for a regulated broker with a diverse range of instruments and competitive spreads.

What Can you Trade?

Asset Class Number of Instruments
Forex CFD 62
Crypto CFD 4
Stock CFD 172
Indices CFD 11
Commodities CFD 3
Bond CFD -
Futures CFD -

FXTM offers trading in CFDs (Contracts for Difference) across a variety of asset classes, including forex, cryptocurrencies, stocks, indices, and commodities. CFDs allow traders to speculate on the price movements of assets without owning the underlying asset. This enables traders to use leverage, amplifying both potential gains and losses. However, trading CFDs also involves higher risks due to leverage, and it is important to understand these risks before trading. For more information on the individual instruments offered by FXTM, visit their trading instruments page.

Trading Platforms - Mobile, Desktop, Automated

Platform Available On
MetaTrader 4 Desktop, Mobile, Web
MetaTrader 5 Desktop, Mobile, Web

FXTM offers the popular MetaTrader 4 and MetaTrader 5 platforms for trading. These platforms are available on desktop, mobile, and web, providing flexibility for traders to access their accounts from various devices. MetaTrader platforms are known for their advanced charting capabilities, automated trading features, and a wide range of technical indicators. Both platforms support automated trading through Expert Advisors (EAs), which can be programmed using the MQL4 and MQL5 languages. These platforms offer robust trading tools and customization options, making them suitable for both novice and experienced traders.

Available Leverage

FXTM offers varying leverage depending on the instrument and the regulatory entity through which the client is trading. For retail clients under the UK FCA and Cyprus CYSEC regulations, the maximum leverage is 30:1. In contrast, clients trading under the Mauritius FSC regulation can access leverage up to 2000:1. Leverage allows traders to control larger positions with a smaller amount of capital, increasing both potential profits and risks. It is crucial for traders to understand the implications of using high leverage and to use it judiciously.

Prohibited Countries

FXTM cannot open client accounts for residents of certain countries due to regulatory restrictions. These countries include the United States, Canada, Japan, and several others. It is important for potential clients to check the broker's website for a complete list of prohibited countries before attempting to open an account.

FXTM (Forextime) Vrste računa

  Micro Advantage Advantage Plus
Provizija-4,0 $-20 $ po 1 milijunu USD kojim se trguje-
Maksimalna poluga1000:12000:1
Platforma za mobilne uređajeMT4 Mobile
trgovinskoj platformiMT4, WebTraderMT4, MT5, WebTrader
Vrsta spreadaVariable Spread
Minimalni polog10500
Minimalni opseg trgovanja0,01
Klizni stop-nalozi
Skalping dozvoljen
Zaštita od rizika dozvoljena
Islamski računi
  Micro
Maksimalna poluga 1000:1
Uobičajen spread 2,0 - 2,4
platforma za trgovanje MT4WebTrader
Platforma za mobilne uređaje MT4 Mobile
Vrsta spreada Variable Spread
Minimalni polog 10
Minimalni opseg trgovanja 0,01
Klizni stop-nalozi
Skalping dozvoljen
Zaštita od rizika dozvoljena
Islamski računi
  Advantage
Provizija 4,0 $-20 $ po 1 milijunu USD kojim se trguje
Maksimalna poluga 2000:1
Uobičajen spread 0,5-0,8
platforma za trgovanje MT4MT5WebTrader
Platforma za mobilne uređaje MT4 Mobile
Vrsta spreada Variable Spread
Minimalni polog 500
Minimalni opseg trgovanja 0,01
Klizni stop-nalozi
Skalping dozvoljen
Zaštita od rizika dozvoljena
Islamski računi
  Advantage Plus
Maksimalna poluga 2000:1
Uobičajen spread 1,5
platforma za trgovanje MT4MT5WebTrader
Platforma za mobilne uređaje MT4 Mobile
Vrsta spreada Variable Spread
Minimalni polog 500
Minimalni opseg trgovanja 0,01
Klizni stop-nalozi
Skalping dozvoljen
Zaštita od rizika dozvoljena
Islamski računi

FXTM (Forextime) Mrežni promet

Internetske stranice
forextime.com
Organski mjesečni posjeti 700.552 (98 %)
Rang organskog prometa 38 od 1103 (Brokeri na Forexu)
Plaćeni mjesečni posjeti 13.317 (2 %)
Ukupan broj mjesečnih posjeta 713.869
Stopa odbijanja 50 %
Stranica po posjeti 3,02
Prosječno trajanje posjeta 00:03:22.8180000

FXTM (Forextime) Profil

Naziv tvrtke ForexTime Limited / Exinity UK Limited / Exinity Limited
Kategorije Brokeri na Forexu, Forex Rebates
Primarna kategorija Brokeri na Forexu
Godina osnutka 2012
Sjedište Cipar
Lokacije ureda Cipar, Mauricijus, Ujedinjeno Kraljevstvo
Tečaj računa EUR, GBP, USD, NGN
Podržani jezici arapski, kineski, Engleski, francuski, hindski, indonezijski, talijanski, korejski, malajski, Polirati, ruski, španjolski, Tajlandska, vijetnamski, urdu, češki, farsi
Metode financiranja Bank Wire, Credit/Debit Card, FasaPay, Neteller, Perfect Money, QIWI Wallet, Skrill, Yandex, Webmoney, Dotpay
Financijski instrumenti Forex, Dionice / vlasnički kapital, Indeksi, Nafta / energija, Metali, Meke sirovine (kava, šećer...)
24-satna podrška
Odvojeni računi
Islamski računi
Prihvaća kanadske klijente
Prihvaća japanske klijente
Demo koji ne ističe
API trgovanja
Cent računi
Zaštita od negativnog iznosa na računu
Društveno trgovanje
Regulatorno osiguranje depozita
Trailing stop
Bonusi
Kamate na maržu
Fiksna kamatna stopa
Promjenjiva kamatna stopa

Osvrti korisnika: FXTM (Forextime)

4,3
(44 )
Na mjestu 26 od 1103 (Brokeri na Forexu)
Ova se ocjena temelji na 41 recenzije/a korisnika koji su dokazali da su stvarni korisnici ove tvrtke. Sve recenzije obrađene su tijekom postupka značajne ljudske i tehničke moderacije. Tvrtke koje dobiju više od 30 recenzija od provjerenih recenzenata dobivaju ocjene samo od provjerenih recenzenata i dobivaju zelenu kvačicu prema ocjeni koju su postigle.

Novije ocjene korisnika imaju veći utjecaj od starijih, a ocjene korisnika nemaju utjecaja nakon što protekne 5 ili više godina. Što više recenzija tvrtka dobije, to je veća maksimalna moguća ukupna ocjena korisnika. Nakon 100 recenzija tvrtka može dobiti najvišu ocjenu, koja je jednaka prosjeku ocjena korisnika koje je dobila.

Filtriranje osvrta:
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25,00 %
9,09 %
0,00 %
2,27 %
Vrsta računa:
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FXTM (Forextime) Propisi / Zaštita novca

5,0
Tvrtka Licence i Propisi Odvojeni novac korisnika Fond za kompenzaciju depozita Zaštita negativne ravnoteže Rabati Maksimalna poluga za male klijente
Forextime Limited do 20.000 € 30 : 1
Exinity UK Ltd do 85.000 £ 30 : 1
Exinity Limited 2000 : 1
ForexTime Ltd 30 : 1

FXTM (Forextime) Promocije

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Expert Rank #24 Globally
User Rank #26 Globally
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User Rank #26 Globally
Expert Rank Top 24 Globally
User Rank Top 26 Globally
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Regulation Rating
4,3
44 Recenzije
4,1
Expert Rating
44 Recenzije
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