Written by Angelo Martins
Fact checked by Evelina Laurinaityte
Human moderated by Jason Peterson
Last updated maj, 2024

FXTM (Forextime) Ogólna ocena

4,1
Pozycja w rankingu 24 z 1103 (Brokerzy Forex)
Ocena ogólna jest pochodną sumy ocen w wielu kategoriach.
Ocena Waga
Ocena Użytkowników 3
Popularność
3,0
3
Regulacja
5,0
2
Ocena kosztów
4,6
1
Cechy
Nie oceniony
1
Obsługa klienta
Nie oceniony
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) Rodzaje Kont

  Konto Cent Konto ECN Konto ECN Zero
Prowizja-4,0 $-20 $ Za Transakcje o Wartości 1 Miliona USD-
Maksymalna dźwignia finansowa1000:12000:1
Platformy MobilneMT4 Mobile
Platforma handlowaMT4, WebTraderMT4, MT5, WebTrader
Rodzaj SpreaduVariable Spread
Minimalny Depozyt10500
Minimalny Wolumen0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  Konto Cent
Maksymalna dźwignia finansowa 1000:1
Typowy Spread 2,0 - 2,4
Platforma handlowa MT4WebTrader
Platformy Mobilne MT4 Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 10
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  Konto ECN
Prowizja 4,0 $-20 $ Za Transakcje o Wartości 1 Miliona USD
Maksymalna dźwignia finansowa 2000:1
Typowy Spread 0,5-0,8
Platforma handlowa MT4MT5WebTrader
Platformy Mobilne MT4 Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 500
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny
  Konto ECN Zero
Maksymalna dźwignia finansowa 2000:1
Typowy Spread 1,5
Platforma handlowa MT4MT5WebTrader
Platformy Mobilne MT4 Mobile
Rodzaj spreadu Variable Spread
Minimalny Depozyt 500
Minimalny Wolumen 0,01
Zlecenie Trailing Stop
Dozwolone Skalpowanie
Dozwolony Hedging
Rachunek Islamiczny

FXTM (Forextime) Ruch w sieci

Strony internetowe
forextime.com
Miesięczna liczba wizyt organicznych 700 552 (98%)
Ranking ruchu organicznego 38 z 1103 (Brokerzy Forex)
Wejścia płatne miesięcznie 13 317 (2%)
Całkowita miesięczna liczba wejść 713 869
Wskaźnik odrzuceń 50%
Strony/Wizyty 3,02
Średni czas trwania wizyty 00:03:22.8180000

FXTM (Forextime) Profil

Nazwa Firmy ForexTime Limited / Exinity UK Limited / Exinity Limited
Kategorie Brokerzy Forex, Forex Rebates
Kategoria podstawowa Brokerzy Forex
Rok Założenia 2012
Siedziba Główna Cypr
Oddziały Cypr, Mauritius, Zjednoczone Królestwo
Waluta Rachunku EUR, GBP, USD, NGN
Obsługa Klienta Oferowana w Językach arabski, chiński, język angielski, Francuski, hinduski, indonezyjski, Włoski, koreański, malajski, Polski, Rosyjski, hiszpański, tajski, wietnamski, urdu, Czech, Farsi
Metody Zasilenia Rachunku Bank Wire, Credit/Debit Card, FasaPay, Neteller, Perfect Money, QIWI Wallet, Skrill, Yandex, Webmoney, Dotpay
Instrumenty Transakcyjne Forex, Akcje, Indeksy, Olej/Surowce energetyczne, Metale, Surowce miękkie (kawa, cukier…)
24h Obsługa Klienta
Środki Klientów Na Oddzielnych Kontach
Rachunek Islamiczny
Obsługa Klientów z Kanady
Obsługa Klientów z Japonii
Niewygasające Konto Demo
API Trading
Konto Cent
Ochrona przed ujemnym saldem
Inwestowanie społecznościowe
Regulacyjne ubezpieczenie depozytów
Zlecenie Trailing Stop
Bonusy
Odsetki od marży
Spread Stały
Spread zmienny

FXTM (Forextime) Opinie użytkowników

4,3
(44 )
Pozycja w rankingu 25 z 1103 (Brokerzy Forex)
Ocena ta opiera się o 41 opinii użytkowników, którzy dowiedli, że są prawdziwymi klientami tej firmy. Wszystkie recenzje przechodzą znaczącą moderację ludzką i techniczną. Firmy, które uzyskają ponad 30 opinii od zweryfikowanych osób, otrzymują punkty tylko za oceny od zweryfikowanych osób oraz otrzymują zielony znaczek obok oceny.

Najnowsze opinie użytkowników mają większy wpływ niż starsze opinie, a po ponad 5 latach opinie użytkowników nie mają żadnego wpływu. Im więcej opinii otrzyma firma, tym wyższa będzie maksymalna możliwa łączna ocena wystawiona przez użytkowników. Po uzyskaniu 100 recenzji firma może otrzymać najwyższą ocenę, która jest uśrednieniem ocen wystawionych przez użytkowników. >

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FXTM (Forextime) Regulamin / Ochrona pieniędzy

5,0
Informacje o Firmie Licencje i Regulamin Segregowane pieniądze klientów Depozytowy fundusz rekompensacyjny Ochrona przed ujemnym saldem Rabaty Maksymalna dźwignia dla klientów detalicznych
Forextime Limited aż do 20 000 € 30 : 1
Exinity UK Ltd aż do 85 000 £ 30 : 1
Exinity Limited 2000 : 1
ForexTime Ltd 30 : 1

FXTM (Forextime) Promocje