HawkInsight

  • Contact Us
  • App
  • English

How to open an account with FXTM?

FXTM is a reliable brokerage company founded in 2011. Here is a complete tutorial on how to open an account with FXTM.

Open Account in FXTM

ForexTime Limited (FXTM) is a world-renowned foreign exchange and contracts for difference broker, providing services closer to the financial markets to clients around the world.Founded in 2011, the company is headquartered in Cyprus and has offices and regulatory agencies in Europe, Africa, Asia and Latin America.

As a dynamic brokerage company, FXTM offers more than 250 trading tools, while also featuring small spreads, convenient deposit and withdrawal, and providing trading competitions.

At FXTM, the account opening process is very simple and completely digital, and you can access the website using your personal computer, tablet or smartphone.

FXTM was originally launched in 2011 with a unique vision to provide unparalleled superior trading conditions.Opening an account with FXTM also allows you to gain advanced education and advanced trading tools in the foreign exchange industry.

FXTM is now registered with the UK Financial Conduct Authority under registration number 600475. The company is also regulated by the Securities and Exchange Commission of Cyprus with CIF license number 185/12 and licensed by the South African Financial Sector Conduct Authority (FSCA) with FSP number 46614.

FXTM has 1 million registered accounts, and more traders join every day.The company continues to strive to improve its performance and has won many awards, such as the World Finance Awards 2019 Best Trading Experience Award, the International Finance Awards 2018 Nigeria Best Online Foreign Exchange Trading Company Award, Hexun.com 2018 Credible Investor Education Foreign Exchange Broker Award, Fxee.com 2018 China Foreign Exchange Brand Award, etc.

As a responsible broker, FXTM determines leverage (expressed as the ratio of the transaction size to the trader's purchasing power) based on the trader's trading knowledge and experience level, and evaluates it through appropriateness assessments, and also supports leverage trading up to 1:1000.

As for spreads, FXTM offers low spreads from 0.1 points, so traders can withdraw profits at the beginning of a trade.The company has headquarters in multiple countries, uses non-trading desk (NDD) technology, and works with reliable liquidity providers to provide the best bid and ask prices.

For beginners, there is an automated trading tool called algorithmic trading.When trading at FXTM, traders can formulate their own trading strategies or adopt the strategies of other traders.In addition, the strategy is also applied to automated trading systems, such as smart trading systems, with the goal that traders can still make profits without worrying about losing opportunities without observing the market.

Three types of ECN accounts use the MT4 and MT5 trading platforms.There are also mobile and tablet application trading platforms.In addition to offering multiple account variants, FXTM also goes to great lengths to ensure that customers receive the excellent support they deserve to make their trading experience the best and user-friendly.

FXTM also offers a variety of products. In addition to more than 50 foreign currencies, it also provides gold, silver, commodity futures (oil) CFDs, ETFs CFDs and indexes.

The broker also provides education on basic concepts of the foreign exchange industry.Traders can read all concepts available in the form of e-books, video tutorials, articles, webinars and forex seminars.The FXTM website is available in 17 languages, making it easy for traders to understand foreign exchange.

Traders can also choose from multiple payment methods, including credit cards (Visa, Mastercard, Maestro) and electronic wallets (Neteller, Skrill, Western Union).For withdrawing funds, traders do not have to pay a fee of 2 hours to 2 days.Traders can ask further questions via real-time chat and contact administrators via email, and FXTM has a Q & A page on forex trading.

How to open a real account with FXTM?

Visit FXTM's official website or open a mobile application.

Press the "Open Account" in the upper right corner or the "Join Now" button on the home page.

Open Account FXTM 1


Open Account FXTM 2Provide personal information such as name, email address and phone number to create a "MyFXTM" profile, and don't forget to choose a password and enter the PIN code sent to your mailbox.Click "Register Now" to continue.


Open Account FXTM 3At this point, you have successfully registered as an FXTM user. Please fill in your personal information to prepare for the transaction.


Open Account FXTM 4
Open Account FXTM 5The next step is to open an actual trading account, click "My Account" on the side menu, and select "Open a New Account."Next, you need to choose the type of account you want to open and the trading platform (such as MT4 or MT5).You can also customize account settings as needed, such as account currency, leverage ratio, etc.Click "Open Account".

Your trading account has been created. Please check the login credentials in your inbox.

Please note that in order to start trading, you need to save some funds in your balance.FXTM offers you a range of deposit methods to choose from, including bank transfers, bank cards and e-wallets.The minimum deposit is only $10.

Which FXTM account type to choose?

When opening a new live account, it is important to understand the type of account you need.Each option has its own unique conditions, so please study it beforehand.At FXTM, there are four types of accounts for you to choose from, namely micro accounts, advantage accounts, advantage enhanced accounts, and investment accounts.

The micro account is an instant execution account that is only available to MT4 users.In this account, balances are always displayed in cents, offering spreads from 1.5 points, no commissions, and a maximum leverage of 1:1000.The tools you can choose from are foreign exchange, metals and commodities.This account is particularly suitable for novice traders as it allows you to trade without significant financial risk.

Advantage accounts and Advantage enhanced accounts are available for MT4 and MT5.Since the broker connects your order to the selected market, it has complete transparency.This means you will receive no requotes, low spreads and free commissions.On MT4, you can trade forex, metal commodities and indices.On MT5, you can also trade CFD stocks.Due to the favorable conditions, this account type is ideal for beginners and professionals.

The last account type,"Investment", is designed for investors seeking reliable passive income, allowing them to choose the account manager you wish to follow by depositing a minimum of US$100.Once you deposit, your investor account will be activated and you will start copying transactions from the selected strategy provider.

common problems

Does FXTM provide demo accounts?

Yes, you can choose to open a demo account with FXTM.The steps are similar to opening a real account, or even simpler.When opening an account, you only need to select a demo account as the account type and decide the account settings.A demo account is a great way to start your trading journey.Learn how to read charts and market behavior, test your trading skills, and master the use of various trading indicators on the platform.

Do I need to verify my account before trading?

When opening a real account, verification must be performed to use all FXTM functions. You need to provide relevant documents to prove your identity and address.

How long does it take to open a new account?

FXTM's account opening process is very simple, taking only a few minutes to complete the entire step.Just make sure you have all the information you need to open an account and have a stable Internet connection.

How to start trading on MetaTrader?

Download the platform from FXTM's official website or the link provided on "MyFXTM" and run it on your device, then log in to the platform using your credentials.

FXTM is a leading trading service provider committed to providing foreign exchange traders with three major supports: "trust","access" and "value".Over the years, they have had more than 4 million customers worldwide and received more than 45 awards, demonstrating their competitive advantage within the industry.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

Contents
How to open a real account with FXTM?
Which FXTM account type to choose?
common problems
Does FXTM provide demo accounts?
Do I need to verify my account before trading?
How long does it take to open a new account?
How to start trading on MetaTrader?
Brokers comparison
    Clear all brokers
    To compare