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FXTM Review~ Helpful guide to this Forex Broker

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FXTM  Review~ Helpful guide to this Forex Broker

Forex time better known as FXTM id s fully regulated Forex Broker. FXTM cryptocurrencies Trading is possible with Bitcoin, Litecoin and Ethereum under competitive Spreads and leverage.

  • Regulated By CySEC, IFSC
  • Headquarters Cyprus
  • Foundation Year 2011P
  • ublicly Traded No
  • Tel:+357 2 555 8 777
  • Web:https://www.forextime.com/eu
  • Email:[email protected]
  • Min. Deposit $5

FXTM Bitcoin Broker | ForexTime is also known as FXTM, founded by Andrey Dashin (formely Alpari) in December 2012.

The company is headquartered in Limassol-Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC) . The company is also a member of the Investor Compensation Fund (ICF).

FXTM cryptocurrencies Broker is one of the fastest growing Forex brokers in the last couple of years and now are offering most relevant cryptocurrencies for trading

 

 

Of course Naturally, they offer a variety of trading options such as Forex, Commodity Futures and CFDs which can be traded on Metatrader4/5, Iphone and Android. They offer 5 different account types.

Bitcoin vs USD

Parameters FXTM Standard
Typical Spreads 200
Lot Size 1
Minimum Contract 0.1
Maximum Contract 5
Price Minimum Increment 0.1
Contract Size Minimum Increment 0.1
Margin, % 33
Swap Short, USD per 1 lot -3
Swap Long, USD per 1 lot -3
Opening, Monday 00:05:00
Closing, Friday 23:55:00
Swap Free Fee, USD per lot -6.3
Swap Free days allowance 4

Ethereum vs USD

Parameters FXTM Standard
Typical Spreads 200
Lot Size 1
Minimum Contract 0.1
Maximum Contract 5
Price Minimum Increment 0.01
Contract Size Minimum Increment 0.1
Pip Value per 0.01 lot
Margin, % 50
Swap Short, USD per 1 lot -4
Swap Long, USD per 1 lot -4
Opening, Monday 00:05:00
Closing, Friday 23:55:00
Swap Free Fee, USD per lot -8.4
Swap Free days allowance 4

LiteCoin vs USDLitecoin logo small

Parameters FXTM Standard
Typical Spreads 400
Lot Size 1
Minimum Contract 0.1
Maximum Contract 5
Price Minimum Increment 0.001
Contract Size Minimum Increment 0.1
Margin, % 50
Swap Short, USD per 1 lot -5
Swap Long, USD per 1 lot -5
Opening, Monday 00:05:00
Closing, Friday 23:55:00
Swap Free Fee, USD per lot -10.5
Swap Free days allowance 4

Deposits with BitcoinBitcoin Deposits with FXTM

Currency BTC
Fees / Commission No Commission*
Processing Time 24 hours

Withdrawals with BitcoinBitcoin Deposits with FXTM

Currency BTC
Fees / Commission 1 %
Processing Time 24 – 48 hours

there are some additional rules concerning this so make sure you read them before using this option.

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bitcoin
Bitcoin (BTC) $ 27,192.29 0.45%
ethereum
Ethereum (ETH) $ 1,894.16 0.15%
bitcoin-cash
Bitcoin Cash (BCH) $ 115.06 0.69%
litecoin
Litecoin (LTC) $ 96.53 2.39%
eos
EOS (EOS) $ 0.912693 1.12%
monero
Monero (XMR) $ 147.02 0.66%
neo
NEO (NEO) $ 10.54 2.61%
iota
IOTA (MIOTA) $ 0.204228 2.73%
dash
Dash (DASH) $ 42.61 0.58%
zcash
Zcash (ZEC) $ 32.26 1.21%
dogecoin
Dogecoin (DOGE) $ 0.072734 0.87%