When trading with FXTM, you can deposit in USD, EUR and GBP, though global entities also accept PLN, CZK and NGN. The broker charges no deposit fees, but third-party charges may apply. Exchange rates may also apply if you are depositing xcritical official site in a currency other than your base currency. All profiles offer access to fast execution speeds, a minimum order level of 0.01 lots and flexible leverage. Profiles can be tailored to suit individual requirements. It offers a variety of lxcriticalg tools such as eBooks, webinars, and video tutorials.
- You can view details of this license on the FXTM website.
- One of the most ignored trading costs is swap rates on leveraged overnight positions.
- • Select the preferred deposit method then click ‘Deposit’.
- However, these offers are time bound and must be grabbed before they expire.
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Once you are confident about trading and want to open a live trading account, you can choose from the following types of trading accounts. FT Global Limited, its parent company, operates under a license granted by the International Financial Services Commission (IFSC). The IFSC aims at promoting and developing Belize as a global center for financial services. FXTM is among the best that i have ever encountered as respects to business and services based according to our real time present economic situations. I choose and will always others thinking like me to this encouraging and seriously love and caring business xcritical company in whole Europe. Since I opened an account with FXTM in 2017, I have never had a major problem that the broker did not solve within 24 hours.
What is FXTM’s minimum deposit in South Africa?
These resources are particularly useful for new traders looking to expand their forex knowledge. As you can see by the multiple business divisions, FXTM is a truly global forex broker. As a result, their customer support is diverse and wide-reaching to match each client’s needs depending on the region. FXTM allows clients to trade all the major cryptocurrencies, in the form of CFDs. All cryptocurrency CFDs are traded in currency pairs just like forex markets, against the US Dollar.
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They ensure traders have an edge versus the out-of-the-box versions most brokers offer. The FXTM Pro Account caters to professional traders, as the name suggests. FXTM also advertises it to institutional traders and hedge funds.
The FXTM website is very user friendly and the company also has a top notch customer service. Additionally, the broker has introduced FXTM Trader – an investment app designed to modernize the trading experience. Similar to MetaTrader, this proprietary app is offered in both iOS and Android formats. Users can manage accounts, open and close positions, check live global pricing and view charts while on the go. All the tools, features and functionality found on PC devices can be used within a sleek, intuitive yet portable design.
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Moreover they will take you through several hoops to authorize your withdrawal. Withdrawals via bank cards are processed as refunds of the previous deposits made using the card. Therefore, you cannot withdraw more than you deposited using a card. Finally, I had to withdraw using Netteller with significant loss in the exchange rate. Their withdrawal rules are designed to make it difficult.
I have my account manager who is always in contact with me with any issue and been really helpful. Regarding the withdrawal periods, please note that every method has it’s own time frame for the request to be processed. If any questions occur, please feel free to contact us. Demo accounts are available on all account types and trading platforms. FXTM allows traders to expand their forex trading knowledge thanks to a plethora of educational content. The market analysis xcritical reviews and education sections of their website are some of the most in-depth that we’ve come across.