FXTM (ForexTime)

FXTM (ForexTime) is a global CFD and FX broker known for its high-speed execution and focus on emerging markets in Asia and Africa. The platform offers automated trading via FXTM Invest, a copy-trading program where investors can follow suitable strategy managers. This allows beginners to profit from the markets by replicating the trades of experts.

FXTM offers a variety of account types, including Micro accounts for small deposits and ECN accounts for professional trading conditions. The broker provides extensive educational resources, including local seminars and webinars. It is a legitimate broker regulated by the FCA, CySEC, and FSC, ensuring a secure trading environment.

Frequently Asked Questions

1. What is FXTM Invest?

FXTM Invest is a copy-trading program. Investors choose a "Strategy Manager" based on their performance history and risk profile. Once selected, the manager's trades are automatically copied into the investor's account, and the manager earns a percentage of the profits as a fee.

2. specific minimum deposit?

The Micro account has a very low minimum deposit of just $10, making it accessible to almost anyone. However, the Advantage and Advantage Plus accounts, which offer better spreads and execution, require a minimum deposit of $500.

3. Is FXTM regulated?

Yes, FXTM is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Commission (FSC) of Mauritius. This multi-jurisdictional regulation offers robust client protection.

4. Can I trade stocks?

Yes, FXTM allows you to trade CFDs on major US and European stocks. They also offer a stock trading account (in select regions) that allows you to buy, sell, and hold real shares commission-free.

5. How fast are withdrawals?

FXTM is known for fast processing; e-wallet withdrawals (Skrill, Neteller) are often processed within minutes. Bank wire transfers and credit card withdrawals typically take the standard 1-5 business days to clear.