How to open an account with FXTM?
FXTM is a reliable brokerage firm founded in 2011, here is a complete tutorial on how to open an account with FXTM。
ForexTime Limited (FXTM) is a globally renowned Forex and CFD broker that provides clients around the world with services closer to the financial markets。The company was founded in 2011 and is headquartered in Cyprus with offices and regulators in Europe, Africa, Asia and Latin America.。
As a dynamic brokerage firm, FXTM offers more than 250 trading instruments, as well as small spreads, easy access to deposits and withdrawals, and trading competitions.。
At FXTM, the account opening process is very simple and fully digital, and you can access the website using a personal computer, tablet or smartphone。
Originally launched in 2011, FXTM's unique vision is to offer unparalleled superior trading conditions.。Opening an account with FXTM also gives you access to advanced education and advanced trading tools in the Forex industry。
FXTM is now registered with the UK Financial Conduct Authority with registration number 600475, the company is also regulated by the Cyprus Securities and Exchange Commission with CIF licence number 185 / 12 and licensed by the South African Financial 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 Award for Best Trading Experience 2019, the International Finance Award for Best Online Forex Trading Company in Nigeria 2018, the Hexun 2018 Reputable Investor Education Forex Broker Award, Fxeye.Com2018 China Foreign Exchange Brand Award, etc.。
As a responsible broker, FXTM determines leverage (expressed as a ratio of trade size relative to the trader's purchasing power) based on the trader's trading knowledge and experience level, and evaluates it through appropriateness assessment. It also supports leveraged trades up to 1: 1000。
As for spreads, FXTM offers 0.The low spread from 1 o'clock, so traders can withdraw profits at the beginning of the trade。With headquarters in several countries, the company uses No Trading Desk (NDD) technology and works with reliable liquidity providers to deliver the best bid and ask prices.。
For beginners, there is an automated trading tool called algorithmic trading。Traders can develop their own trading strategies or adopt the strategies of other traders when trading at FXTM。In addition, the strategy is also applied to automated trading systems, such as smart trading systems, so that traders don't have to worry about losing opportunities without observing the market and still make profits。
Three types of ECN accounts using MT4 and MT5 trading platforms。There are also mobile and tablet app trading platforms。In addition to offering multiple account variants, FXTM also makes every effort to ensure that customers receive the excellent support they deserve, so that their trading experience is optimal and user-friendly。
FXTM also offers a variety of products, in addition to more than 50 foreign currencies, gold, silver, commodity futures (oil) CFDs, ETF CFDs and indices.。
The broker also provides education on basic concepts of the forex industry。Traders can read all the concepts offered in the form of e-books, video tutorials, articles, webinars and forex seminars。The FXTM website is available in 17 languages for traders to understand Forex。
Traders can also choose from a variety of payment methods, including credit cards (Visa, Mastercard, Maestro) and e-wallets (Neteller, Skrill, WesternUnion)。For withdrawal of funds, traders do not have to pay a fee of 2 hours to 2 days。Traders can ask further questions via live chat and contact the administrator via email, FXTM has a question and answer page on Forex trading。
How to open a real account with FXTM?
Visit the official FXTM website or open the mobile app。
Press "Open Account" in the upper right corner or "Join Now" button on the front page。
Provide personal information such as name, email address and phone number to create a "MyFXTM" profile and don't forget to select a password and enter the PIN sent to your mailbox。Click "Register Now" to continue。
At this point, you have successfully registered as a FXTM user, please fill in your profile and get ready for the transaction。
The next step is to open an actual trading account, click "My Account" on the side menu and select "Open New Account"。Next, you need to select the type of account you want to open and the trading platform (such as MT4 or MT5)。You can also customize your 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 store some funds in the balance。FXTM offers a range of deposit options including bank transfers, bank cards and e-wallets。Minimum deposit is only $10。
Choose which FXTM account type?
When opening a new real account, it is important to know the type of account you need。Each option has its own unique conditions, so please study it in advance。In FXTM, there are four types of accounts for you to choose from, namely micro account, advantage account, advantage enhanced account and investment account。
A micro account is an instant execution account, only for MT4 users。In this account, the balance is always shown in US cents, providing 1.Spread from 5 o'clock, no commission and maximum leverage of 1: 1000。Tools you can choose from are Forex, Metals and Commodities。The account is particularly suitable for novice traders, as it allows you to trade without the risk of a large amount of money。
Advantage Account and Advantage Enhanced Account for MT4 and MT5。Since the broker will connect your order to the selected market, it has complete transparency。This means you will get no re-quotes, low spreads and free commissions。On MT4 you can trade forex, metal commodities and indices。On MT5, you can also trade CFD stocks。This account type is perfect for beginners and professionals due to favorable conditions。
The last account type, "Investing," is designed for investors looking for reliable passive income, with a minimum deposit of $100, giving them the right to choose which account manager you wish to follow.。After the deposit, your investor account will be activated and start copying the trades of the selected strategy provider。
FAQs
Does FXTM offer demo accounts?
Yes, you can choose to open a demo account with FXTM。Steps are similar or even simpler than opening a real account。When opening an account, you only need to select the demo account as the account type and decide the settings of the account。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 live account, verification is required to use the full functionality of FXTM and you will need to provide documentation to prove your identity and address。
How long does it take to open a new account??
FXTM's account opening process is very simple, it only takes 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 network connection。
How to start MetaTrader trading?
Download the platform from the official website of FXTM 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 dedicated to providing Forex traders with "trust," "access" and "value" support.。Over the years, they have more than 4 million customers worldwide and have won more than 45 awards, proving their competitive advantage in the industry.。
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