ForexTime Broker Overview
Here is every key fact about ForexTime in one table — regulation, contact details, deposit rules, leverage, spreads and account features.
| Foundation Year | 2011 |
|---|---|
| Headquarters | FXTM Tower, 35 Lamprou Konstantara Kato Polemidia, 4156, Limassol, Cyprus. |
| Country | Cyprus |
| Telephone | +357 25 558777 |
| Fax No. | +357 25 558778 Email: info@forextime.com |
| Regulated By | Regulated by CySEC, FCA, FSB, IFSC |
| Min. Deposit | $/£/€ 10 |
| Max Leverage | 1:1000 |
| Withdrawal Methods | Bank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay (All options Depend on the Clients Country of Residence and the FXTM Entity that Client is registered with) |
| Funding Methods | Bank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay (All options Depend on the Clients Country of Residence and the FXTM Entity that Client is registered with) |
| Base Currencies | USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD, CAD |
| Tradable Options | Forex Currencies, Cryptocurrency, Commodities, Indices, Stocks, Bonds, Futures |
| Web Trading | Yes |
| Mobile Trading | Yes |
| Type Of Broker | STP/ECN |
| Min. Spreads | 0.0 Pips |
| Free Demo Account | Yes |
| Mini Accounts | Yes |
| VIP Accounts | Yes |
| Managed Accounts | Yes |
| Segregated Accounts | Yes |
| Swap Free Accounts | Yes |
| Promotion | 30% Welcome Deposit Bonus up to 300 Dollar |
ForexTime review: Find out if ForexTime is the right broker for you. Our honest review gives you the inside scoop. Ready to learn? Click here!
ForexTime is known as FXTM that was founded in 2021. It is a popular CFD and forex broker. The broker is regulated by most financial authorities including FSCA (Financial Sector Conduct Authority) under FSP No. 46614, CySEC (Cyprus Securities and Exchange Commission) under CIF license number 185/12, and FCA (Financial Conduct Authority) under 600475.
ForexTime headquarter is located at FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus.
Pros
- 250+ financial CFD instruments.
- Strong regulations (FCA, CySEC, FSC)
- Great client service.
- MT4 and MT5 trading platforms.
- Fast trade execution and Tight spreads
- Offers Flexible leverage starting 1:1 to 1:2000.
- Trading education assets and market insights updates.
Cons
- Don’t accept the USA, Canada, Japan, Hong Kong, and other some countries.
- High CFD fees, Inactivity and withdrawal fees
- Limited product portfolio
- High Stocks trading Spread
ForexTime account types
The broker offers 6 different account types under two categories that are Standard and ECN. These different types of accounts and categories help traders to choose a suitable platform and skill friendly.
ForexTime named these accounts are Standard, Cent, Stock CFD, ECN, ECN Zero, and FXTM Pro. All accounts fees, leverage, spread, commission, min deposit, and trading assets are different.
The most of accounts are commission free, the currency is EUR, USD, and GBP, and offer low spreads.
ForexTime trading platforms
ForexTime offers the most popular platforms MT4 and MT5. These platforms are accessible via online portals and apps. These platforms are available for mobile and desktop users.
FXTM MetaTrader 4 Features
- Offers 20+ languages
- MQL4 for algorithmic trading
- Offers multiple asset classes to trade
- Built-in technical trading indicators
FXTM MetaTrader 5 Features
- Free 9 unique time frames
- Real time market updates and quotes
- Advanced market analysis tools and features
Deposit and withdrawal
The broker offers a lot of withdrawal and deposit options. They accept debit and master cards, skrill, Neteller, and bank wire transfers.
Withdrawal via Skrill and Neteller is commission-free. Usually, bank wire transfers take up to 3-5 business days.
ForexTime Client support
ForexTime offers client support Monday to Friday (6 am – 6 pm) through Email, Call Back option, website live chat, Telegram channel, and WhatsApp. Also provides some support via other common social media. To provide user friendly supports, they provide support in 17 different languages.
Email:
- info@forextime.com
- support@forextime.co.uk
- support@forextime.com
Phone:
- +44 20 3514 1251 (for Forextime UK Limited)
- +357 25 55 8 777 (for Forextime Limited)
Trading Conditions and Account Types
Spreads and Execution
As an STP/ECN broker, ForexTime routes orders to liquidity providers instead of trading against clients. Spreads start from 0.0 pips on major pairs; raw-spread accounts usually charge a commission per lot, so compare the total cost before you choose an account.
Leverage up to 1:1000
Maximum leverage of 1:1000 cuts margin requirements, but a small move against you can wipe out the account. Most traders should pick 1:100 to 1:500 and use a stop-loss on every trade.
Account Types
- Free Demo
- Mini Account
- VIP Account
- Managed Account
- Swap-Free (Islamic)
- Segregated Account
Base currencies include USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD and CAD, which helps you avoid conversion fees if you fund in your own currency.
Trading Platforms and Markets
You can trade from any browser through the web platform or on the go with mobile trading apps.
Deposits and Withdrawals
ForexTime uses the same 9 methods for funding and withdrawals, which makes cash-outs simple — you normally withdraw through the method you deposited with.
- Bank wire
- Debit/Credit Card
- Skrill
- Neteller
- OKPay
- Payza
- Western Union Quick Pay
- FasaPay
- China Union Pay (All options Depend on the Clients Country of Residence and the FXTM Entity that Client is registered with)
Verify your account (ID and proof of address) before your first withdrawal to avoid delays.
ForexTime 30% Welcome Deposit Bonus up to 300 Dollar
How to Claim the ForexTime Bonus
- Register a live account through the link above.
- Verify your ID and proof of address.
- Request the 30% bonus in your client area.
- Trade the required lots within the time limit.
- Withdraw your eligible profits.
The bonus credit itself cannot be withdrawn — only profits that meet the trading conditions. Bonus terms can change, so always read the current rules on the ForexTime website.
BestGuide
GuideGuide