The one big plus point of this approach is that it was beneficial to speak with a team member without having to navigate through a LiveChat chatbot or a range of FAQ questions. FXTM customer support can be contacted by LiveChat, Telegram, Facebook, phone and email. That selection of messaging systems, particularly the social media ones, is a stand-out feature for FXTM. FXTM broker has received multiple awards and recognitions during its years of operations. Most recently, in 2018, the company was named the ‘Best FX Broker in Asia’ by World Finance as well as a broker with ‘The Best Conditions’. It was also named ‘The Most Innovative Broker’ of 2018 and ‘The Best Broker in Russia’.

The brand was launched in 2011 and has achieved global status with a focus on content localization. The FXTM brand headquarters is in Cyprus while other offices are in London, Nigeria, etc. FXTM states that it has over one million registered trader accounts from all over the world. As you can imagine, winning these awards simply doesn’t happen for existing. Within their platform, there are different trading accounts, investments and education that allows you to grow as a trader and investor. From a quick glance Лайм ФХ offers their client a robust platform that could potentially fit many of your needs.

FXTM review

The trading platform also provides access to proprietary and free VPS systems via the regulated broker if the traders meet certain criteria. Professional traders can also access negative balance protection and use segregated retail investor accounts that keep their funds safe on the platform. The account types differ in pricing, the minimum deposit, the available trading platform, and the products you can trade.

Starting with what is already the best trading platform around, MT5 has made it even better. The website has over 50 educational videos and over 30 articles on forex trading, indicators, cryptocurrencies, analysis, etc. FXTM’s website and platforms are protected by a 256 bit SSL encryption. This ensures that all user data are encoded before transmission over the internet.

• The action you just performed triggered the security solution.
• Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
• This guide delves into the different types of market indices, why it can be beneficial to trade them as CFDs, and covers some popular index trading st…
• Meanwhile, the Share accounts allow you to trade in European and US shares and have a reduced minimum spread value of 0.1, compared to 1.3 for Standard accounts and 1.5 for Cent accounts.

If you are a fan of market analysis then you will enjoy the abundance of trading tools that can assist with your trading strategies. There is a good choice of flexible account types and convenient payment options to suit every trader. I like that they have strict regulation https://limefx.group/ in multiple jurisdictions as this gives me confidence that my account with them is safe so that I can focus on my trading. You can try them out with a minimum deposit of just $10 and a simple account opening process that is completed online within minutes.

Withdrawal methods

I found them to have a good selection of trading instruments to choose from. Trading on the MetaTrader 5 trading platform via FXTM allows greater access to financial markets such as indices, stock CFDs, commodities, futures, and forex. In addition, MT5 offers several transaction types, an economic calendar, an email system, and 44 graphical objects. The MT4 platform offers interactive charts that are easy to read, and traders can analyze the markets in real-time. They also access over 30 technical orders indicator that helps them identify market trends and FXTM trading signals. Other notable benefits of the FXTM MT4 trading platform include the robust security system, multi-device functionality, and multi-account manager (MAM) for ultimate convenience and easy management of trades.

• This review will be considered as a spam review with the aim of negatively affecting our brand reputation.
• I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
• You can trade CFDs on Indices with FXTM and choose from some of the most prominent and active securities in the US, Europe, Australia and Asia.
• Follow the simple steps mentioned here to open an account with the FXTM platform.
• Big Four accountancy PricewaterhouseCoopers Limited (PwC) audits published statistics per International Standard on Assurance Engagements (ISAE) 3000.

Лайм ФХ is well regarded in the industry with competitive spreads and is regulated in the UK by the FCA and Cyprus by CySec. Лайм ФХ is a forex broker geared to a range of skill levels which was founded back in 2011 by Andrey Dashin. The regulators governing the CFD broker ensure negative balance protection to retail clients in Europe and the UK. Besides, client capital is secure up to €20,000 and £85,000 under the Investor Compensation Fund (ICF) and the Financial Services Compensation Scheme (FSCS), respectively. Broker FXTM does not stand still and is constantly evolving – in 2018 the number of active users exceeded half a million traders.

Platform Info

The second type of ECN account offered by FXTM is the ECN Zero. This account is also available to traders under CySEC regulation and offers ECN execution and markets with the MT4 and MT5 trading platforms. One of the differences from the above is that the minimum deposit to start trading is only $200. FXTM offers three different account types, all of which allow for a demo.

FXTM Cent account spreads start at 1.5 pips and due to the availability of nano lots , you will be able to open positions for less than $1. AtoZ Markets’ FXTM review intends to deliver a complete product range as well as client feedback about CySEC regulated Forex broker Лайм ФХ.com. The quarterly outlook is a 3-month forecast of the financial markets as presented by FXTM’s analysts. It is available to registered clients as a downloadable pdf document. Daily market analysis is posted on the FXTM website every weekday by FXTM’s in-house analysts.

Daily Market Analysis is FXTM’s very own news portal that offers detailed market analysis and insights to keep you in the loop with the latest market happenings. They analyse price movements based and technical and fundamental analysis across a range of global markets. The Market Analysis team are regularly quoted in major international publications, including BBC, CNN, CNBC, Bloomberg, The Wall Street Journal, Financial Times, Reuters and Forbes. I found these to be really insightful and they helped me become aware of some market event that I may have otherwise overlooked.

Only professional clients will be able to use FXTM’s services in this region. FXTM offers traders a commission-free and commission-based Forex account. The former ranks among the more expensive ones, but the latter account is one of the best ones available. I can highly recommend it for high-frequency traders and scalpers. Concluding the FXTM review, we admit that FXTM gives quality trading potential for both beginners and experienced traders or investors and FXTM is one of the leaders in Forex Trading.

Withdrawal of funds is similar to the deposit methods mentioned. Within each service you can find the amount requirements as well as processing times. Each processing time may vary but you’ll need to understand them, as you’ll want to have the ability to plan accordingly. As mentioned, there are two platforms you can use and those are MT4 and MT5, which are known around the globe as being the two “go-to” platforms for Forex traders. At a quick glance, here are a few of the differences to consider.

Lower fees, lower costs?

FXTM does not have their own propriety trading platform, instead choosing to provide MetaTrader 4 & 5 as options. These are well establishes pieces of software so you should feel right at home with them. The customer support team delivers limefx courses scam multilingual service, as do the Personal Account Managers. This lets FXTM appeal to native speakers of a range of languages. As mentioned before, more than 90 percent of the feedback from clients regarding Лайм ФХ is positive.

The biggest difference lies with the minimum deposits, which vary from $10-100, spreads and the trading instruments offered. The trading instruments offered at the cent account are 25 major and minor currency pairs and 2 spot metals. The minimum deposit for the FXTM Pro account is $25,000, but spreads start at 0 pips and again, if you trade with MT4 you will be able to use FXTM Invest. Commissions on this account start at just 0.1 pips on stocks, making it a great stock trading account when compared to other major brokers.

Similar to the demo account, the best way to understand each is to take a test drive and find the one that fits you best. The first difference is in order execution as MT5 has 4 different types but MT4 only allows for 3. MT5 allows for partial fills and the fill policy for MT5 is fill, kill immediate or cancel return, compared to MT4 that is fill or kill. From there, MT5 has 38 technical indicators with MT4 containing 30. Graphical objects are limited to 31 on the MT4 platform and 44 on the MT5 platform.

Most traders will satisfy this by sending a copy of their ID and one proof of residency document. I like that FXTM does not incorporate unnecessary steps or questionnaires. Besides offering tight spreads for competitive commissions, FXTM also keeps swap rates on leveraged overnight positions low. Hong Kong equities face additional fees, which also remain very low.

The MyFXTM back office is where traders make all their deposits and withdrawals. Лайм ФХ does not levy internal deposit fees but charges for withdrawals, which is unfortunate. Traders may also face third-party processing costs and currency conversion fees. I recommend checking them to determine the most convenient and cost-effective solution.