Introduction to FXTM

Founded in 2011 and headquartered in Cyprus (Limassol), FXTM (ForexTime) is a global leader in online trading. Since its inception, it has been committed to providing high-quality online trading services to global customers. Its business scope covers multiple financial markets such as foreign exchange, stocks, precious metals, and commodity futures.

With a global network of offices and regulators across Europe, the Middle East, Africa, Asia and Latin America, FXTM has over 2 million clients in 150 countries using its services, providing both institutional and retail clients with exceptional online trading services and products.

FXTM Security

FXTM is authorized and regulated in several key financial jurisdictions worldwide, including:

• Financial Services Commission of Mauritius, Investment Dealer License No. C113012295;
• Financial Conduct Authority (FCA) of the UK, License No. 777911;
• Financial Sector Conduct Authority (FSCA) of South Africa, FSP No. 46614.

The security of client funds is assured through FXTM's regulatory framework, operational scale, and client fund management practices. Security measures include:

• Segregated Funds: Client funds are kept separate from the company's operational funds and held in top-tier global banks. FXTM does not use client funds for company operations or investments, ensuring that client funds are always protected and isolated from company risks.
• Top-Tier Bank Partnerships: FXTM collaborates with leading global banks to ensure fund safety. In the extremely rare event that FXTM is unable to meet client payments, account funds over $10,000 (including account balances and open positions) are protected by Lloyds Banking Group, with compensation up to $1,000,000.
• SSL Encryption: FXTM employs SSL network security protocols to protect data communication between the company and clients. This ensures the security of trader funds and confidentiality of information.
  • Identity Verification and Platform Certification: Ensures accurate data transmission to client terminals and servers.
  • Encrypted Data Transmission: Prevents data theft and unauthorized use by third parties during transmission.
  • Data Integrity: Ensures data is not altered during transmission.

FXTM Service Features

• Security and Global Coverage: FXTM has a long history, serving over 4 million clients from more than 180 countries, regulated in multiple countries, with strict separation of client funds from company assets, and offering compensation funds up to $1,000,000.
• Low Costs and High Leverage: FXTM offers competitive spreads as low as 0 pips on major currency pairs, with leverage up to 3,000x on gold, and competitive commissions and overnight interest rates.
• Exceptional Trading Experience: FXTM's platform covers various global markets with order execution speeds as fast as 0.082 seconds. The proprietary "FXTM Trader" system helps clients enhance profitability. Professional Chinese customer support is available through multiple channels.

FXTM Account Types

FXTM offers a variety of trading account types to meet the needs of different traders. The main options are the Ultra Low Spread Account and the Zero Commission Account, each with unique features and advantages suited to different trading strategies and goals.

Ultra Low Spread Account

The ultra-low spread account provides traders with lower spread levels, including major currency pairs such as EUR/USD and GBP/USD; the spread is usually zero, and stock indices such as the Dow Jones and S&P 500 also start from 0 pips. With the ultra-low spread account, traders can use commission-free trading on the MT5 platform and trade a variety of popular products at ultra-low costs.

• Low Trading Costs: FXTM’s Ultra Low Spread Account offers industry-exclusive low-cost advantages, with spreads as low as zero for major currency pairs like EUR/USD and GBP/USD, as well as indices like the Dow Jones.
• Diverse Trading Options: Choose from hundreds of trading products, including stocks, indices, cryptocurrencies, commodities, and more.
• Comprehensive Educational Resources: Access to various free learning resources and in-depth market insights.

Zero Commission Account

The Zero Commission Account offers commission-free trading, but the spreads are relatively higher compared to FXTM’s Ultra Low Spread Account. However, the spreads are still highly competitive in the financial trading market.

• Low Trading Costs: FXTM’s Zero Commission Account offers commission-free trading with extremely low spreads, allowing you to trade a wide range of financial instruments at competitive prices.
• Diverse Trading Choices: The Zero Commission Account supports hundreds of trading products on the MT4/MT5 platforms, including forex, stocks, stock CFDs, precious metals, commodities, indices, and cryptocurrencies.
• Extremely Low Spreads and High Leverage: In addition to the commission-free advantage, the Zero Commission Account offers spreads as low as $7 for the A50 index, with forex leverage up to 2,000x.

Comparison of the Two Accounts:

Account Type	Ultra Low Spread Account	Zero Commission Account
Minimum Deposit	$200	$200
Spread	Major currency pair spreads typically start from zero; gold/USD spread starts from 0 pips.	Extremely low
Commission	Forex: $3.5 per lot per side Precious metals: $25 per $1M nominal value Stock indices and commodity CFDs: $35 per $1M nominal value Cryptocurrency CFDs: 0.07% of nominal value as commission	0
Trading Products	Spot precious metals Stock CFDs (MT5 only), Index CFDs  Spot forex Cryptocurrency CFDs Commodity CFDs	Spot precious metals Spot stocks (MT5 only) Stock CFDs (MT5 only) Index CFDs Spot forex Cryptocurrency CFDs Commodity CFDs

FXTM Account Opening Process

The account opening process at FXTM is straightforward. Click on "Open an FXTM Account Now" and enter the exclusive referral code 【4958297】to receive a welcome package!

Here are the basic steps for opening an account:

1. Visit the FXTM Website: Start by visiting the official FXTM website. Find and click the "Open Account" or "Register" button on the homepage.

2. Fill in Personal Information: Enter your personal information on the account opening page, including but not limited to your name, address, email address, and phone number. This information is required to create a trading account and verify your identity.

3. Complete the KYC Process: To comply with international anti-money laundering regulations, FXTM requires new clients to provide proof of identity (e.g., passport or ID) and proof of residence (e.g., utility bill or bank statement). Electronic copies of these documents need to be uploaded.

4. Select Account Type: FXTM offers various types of trading accounts to meet different investor needs. Choose the most suitable account type based on your trading experience, capital size, and trading strategy.

5. Make Your First Deposit: After your account is created and approved, you need to make your first deposit to activate the account. FXTM offers multiple deposit methods, including bank transfer, credit/debit card, and e-wallets. Choose the most convenient method for your deposit.

6. Download Trading Platform and Start Trading: After completing the above steps, download the trading platform provided by FXTM, such as MetaTrader 4 or MetaTrader 5. Install and log in to your trading account to start trading.

Notes

• Ensure accuracy and clarity when filling in personal information and uploading documents to avoid delays in the approval process.
• Depending on your country/region, the available account types and deposit methods may vary, so please check the specific information provided by FXTM during the account opening process.

FXTM Deposit and Withdrawal

FXTM provides multiple deposit and withdrawal methods, such as local transfers, credit cards, e-wallets, and bank wire transfers, allowing traders to choose the most suitable method based on personal needs. The processing time and fees for different methods vary.

Deposit Process

1. Log in to the Website: First, log in to the official FXTM website and enter the personal center.

2. Select Deposit Method: FXTM supports various deposit methods, including local transfers, credit cards, e-wallets, and bank wire transfers. Choose the most suitable method based on personal preferences and convenience.

3. Fill in Deposit Information: After selecting the deposit method, fill in the relevant information, such as the deposit amount and currency type. FXTM recommends keeping the deposit amount within a certain range for quick processing.

4. Submit and Complete the Deposit: Verify all information is correct, then click submit to complete the deposit. FXTM supports instant deposits, but the actual processing time may vary depending on the selected payment method.

Withdrawal Process

1. Visit Personal Center: Log in to the FXTM website and enter the "MyFXTM" personal dashboard.

2. Select Withdrawal: In the "My Funds" section, select the "Withdraw" option, then choose the account or wallet for withdrawal.

3. Fill in Withdrawal Details: Choose the withdrawal method, fill in the withdrawal amount, currency, and all required information, then click "Confirm."

4. Submit Request: After checking all provided details, confirm and submit to complete the withdrawal request.

Notes

• Withdrawals to third-party accounts are not accepted. The recipient's name must match the name registered with FXTM.
• If you wish to withdraw your initial deposit, you must use the same account as the initial deposit.
• The key to successful withdrawal is using the same method for both deposits and withdrawals.
• Withdrawal requests are generally processed within 24 hours, but the actual processing time depends on the selected payment method. Credit/debit cards may take 3-10 business days, and bank wire transfers may take 3-5 business days.

FXTM Trading Platforms

FXTM offers MetaTrader 4 and MetaTrader 5 trading platforms for desktop, mobile, and tablet devices, meeting a wide range of needs and enhancing trading flexibility.

If traders prefer to trade directly through their browser, they can use MT4 and MT5 on PC and Mac. For traders with multiple accounts, MT4 provides a Multi-Account Management System (MAM).

MT4

• FXTM offers various versions of the MetaTrader 4 (MT4) platform, suitable for both real and demo accounts, compatible with different systems, and supporting over 20 languages.
• MetaTrader 4 provides easy-to-read interactive charts, allowing traders to monitor and analyze the market in real-time. Traders can use over 30 technical indicators to identify trends and signals in the financial market.

MT5

• FXTM offers multiple downloadable versions of the MT5 trading platform, which can be used on Windows computers, Apple computers, mobile devices, and tablets, supporting over 30 languages to help traders connect to international financial markets anytime, anywhere, and seize profit opportunities.
• For traders seeking a professional and multi-functional trading platform, MT5 provides a comprehensive solution. Whether for forex traders or multi-asset investors, MT5 meets their needs.
• MT5 offers a total of 21 different timeframes, more than twice that of MT4.

FXTM Trading Products

FXTM offers a wide range of popular financial trading products to global investors. The main products available include precious metals, forex, indices, commodities, stocks, currency baskets, and stock baskets.

Precious Metals

• At FXTM, the following popular precious metals can be traded: Gold vs. USD (XAUUSD), Gold vs. EUR (XAUEUR), Gold vs. GBP (XAUGBP), Silver vs. USD (XAGUSD), Silver vs. EUR (XAGEUR).
• Top-tier trading environment: Leverage on precious metals can go up to 3,000x, and the total trading cost for 0.01 lots of gold can be as low as $0.18.
• Real-time quoting system: Ensures that investors can trade at the latest market prices for precious metals.
• Extensive educational resources: Including webinars, trading tutorials, and market analysis to help investors improve their skills in gold and silver investments.

Indices

• FXTM currently offers trading on the following major indices, including popular ones like the Dow Jones Industrial Average, S&P 500, NASDAQ, Hong Kong Hang Seng 50, and FTSE China A50.
• Low-cost trading: The NASDAQ spread starts as low as 1 point, with leverage up to 1,000x. The S&P spread starts as low as 0.4 points, with leverage up to 1,000x.
• Flexible leverage and margin levels: Traders can use leverage to easily increase potential returns, but it's important to note that leverage can also increase the risk of losses.

Commodities

• FXTM currently offers trading on the following commodities: UK Brent Oil (spot), US Crude Oil (spot), and US Natural Gas (spot).
• Low trading costs: Trading US and UK oil at FXTM comes with spreads as low as 0.06 points and leverage up to 500x. Natural gas leverage goes up to 50x.
• Fast trade execution: FXTM can execute orders in milliseconds, helping traders to capture the best market prices.

Stocks

• Low-cost trading: Zero-commission trading on most US stocks, including globally renowned companies like Tesla, Apple, and Facebook.
• Strong platform support: FXTM offers various versions of the MT5 platform, allowing traders to trade stocks online anytime, anywhere, with a dedicated feature for US stock trading.

OTC Trading

• Low trading costs: Trade stock CFDs on MT5 accounts with low spreads and a fixed commission of $4 per lot, ensuring competitive pricing.
• Leverage to enhance potential: Unlike direct stock trading, OTC stock trading allows the use of leverage to amplify potential profits. However, it's important to note that leverage also increases the risk of losses.
• Profit opportunities in falling markets: Unlike stock trading, OTC stock trading allows traders to profit from both rising and falling stock prices by taking short positions when prices decline.

Forex

• FXTM offers trading on over 65 currency pairs, including major, minor, and exotic pairs. The spread on major pairs is typically zero.
• All account types support forex trading: Different accounts cater to varying needs depending on trading costs, platforms, and execution types.

Cryptocurrencies

• High flexibility: FXTM’s CFD cryptocurrency trading services allow investors to profit from both rising and falling prices, increasing profit opportunities.
• Ultra-low trading costs: FXTM offers highly competitive spreads and accounts with zero commission, significantly reducing trading costs.
• Efficient execution data: The platform provides efficient and transparent trade execution data.
• Multi-platform compatibility: Whether through a web browser or mobile app, FXTM offers a smooth trading experience, enabling cryptocurrency trading anytime, anywhere.

FAQs

How to open a new live/demo account?

• In MyFXTM, select 'My Accounts,' click 'Open New Account,' and choose the account type you wish to open. Fill in the required details and click 'Open Account.'

Does FXTM charge commission on trading accounts?

• There are commission fees for the Zero Spread Account MT4 and Zero Spread Account MT5 accounts.

How to adjust leverage?

• In MyFXTM, click on the 'Account Overview' section, select the trading account you wish to adjust leverage for, and click the green arrow next to the 'Deposit' button. Choose the new leverage and confirm the change by clicking 'OK.'