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

ParametersFXTM Standard
Typical Spreads200
Lot Size1
Minimum Contract0.1
Maximum Contract5
Price Minimum Increment0.1
Contract Size Minimum Increment0.1
Margin, %33
Swap Short, USD per 1 lot-3
Swap Long, USD per 1 lot-3
Opening, Monday00:05:00
Closing, Friday23:55:00
Swap Free Fee, USD per lot-6.3
Swap Free days allowance4

Ethereum vs USD

ParametersFXTM Standard
Typical Spreads200
Lot Size1
Minimum Contract0.1
Maximum Contract5
Price Minimum Increment0.01
Contract Size Minimum Increment0.1
Pip Value per 0.01 lot
Margin, %50
Swap Short, USD per 1 lot-4
Swap Long, USD per 1 lot-4
Opening, Monday00:05:00
Closing, Friday23:55:00
Swap Free Fee, USD per lot-8.4
Swap Free days allowance4

LiteCoin vs USDLitecoin logo small

ParametersFXTM Standard
Typical Spreads400
Lot Size1
Minimum Contract0.1
Maximum Contract5
Price Minimum Increment0.001
Contract Size Minimum Increment0.1
Margin, %50
Swap Short, USD per 1 lot-5
Swap Long, USD per 1 lot-5
Opening, Monday00:05:00
Closing, Friday23:55:00
Swap Free Fee, USD per lot-10.5
Swap Free days allowance4

Deposits with BitcoinBitcoin Deposits with FXTM

CurrencyBTC
Fees / CommissionNo Commission*
Processing Time24 hours

Withdrawals with BitcoinBitcoin Deposits with FXTM

CurrencyBTC
Fees / Commission1 %
Processing Time24 – 48 hours

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