Forex Time (FXTM) - Forex Broker Review

Since it was founded as recently as December 2012, at first glance one could class Forex Time (FXTM), among the ranks of the debutant, immature, online forex brokers. However, this company appears to have what it takes to make your heads turn on them and have a really good look. Having won the prestigious “Fastest Growing Forex Broker” award during the 2013 Mena Forex Show, as well as the “Best Newcomer 2013” award at the World Finance Foreign Exchange Awards in London this July, it seems that this company is well on track to prove the success story of the year.

We could safely argue that the secret for this successful track record is twofold. First, look no further than the name of the company’s founder; Andrey Dashin is one of the most accomplished individuals in the world of forex and the co-founder of Alpari, one of the world’s most successful brokers. Dashin and the top management team at FXTM carry over 50 years of experience with them, so the company may be new, but the minds behind it are seasoned professionals, rendering FXTM anything but an immature broker and enabling it to compete on an equal standing with the more established brokerages. The second reason is their unequivocal commitment to clarity, simplicity and transparency and to delivering a first class service to all their customers, which is the driving force behind their persistent efforts to keep improving their services and innovating their products.

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Headquartered in Limassol, Cyprus, Forex Time is regulated by the Cyprus Securities and Exchange Commission under license number 185/12, moreover, the company is a registered Cyprus Investment Firm with registration number HE310361, while it is also registered with the UK FCA, under reference number 600475. With Cyprus being a member of the EU, the CySEC regulation means that FXTM can accept clients from all the EEA countries. Moreover, the EU’s Markets in Financial Instruments Directives, which the company adheres to, provide an enhanced peace of mind to customers, assuring them that they are trading in a transparent and secure environment.

FXTM customers can take advantage of a diverse range of products, since the company offers trading not only in forex (with over 60 currency pairs available, including some exotic combinations), but also in precious metals, share CFDs, ETF CFDs and CFDs on Commodity Futures. Moreover, FXTM puts at the disposal of clients a variety of account types, available in USD and EUR, each associated with different features and perks, in order to allow each trader to choose the exact trading conditions they wish to trade in. Customers are also spoiled for choice when it comes to payment methods as well, as these can be made through bank transfer, all major debit and credit cards (visa, maestro, mastercard), as well as through, among others, Moneybookers, Neteller and the recent addition Western Union Quick Pay.

One of the strongest features of FXTM is their immaculate customer support, which recognizes the individual needs of each customer and strives to be always available, prompt and coming up with the right solution to any problem. Customer support is multilingual and so is the trading and technical support available to each client. Besides the comprehensive tools and analysis which are available free of charge to every trader, FXTM also offers sms alerts on major market news and traders calculators, amongst others. At FXTM reliable help is always at hand through live chat, phone or email and it can enhance the trading experience not only for the inexperienced traders, but for more professional ones as well.

At Forex Time trading is available via the MetaTrader 4 and MetaTrader 5 platforms, with spreads starting from just 0.5 on the Standard MT4 trading platform and from 0 on the ECN.MT4 and ECN.MT5 trading platforms.
Besides the PC/Web versions of MT4 and MT5, which traders can download on their desktop or laptop and start trading immediately, the team of FXTM have gone to great lengths to develop applications that make the life of traders who want to trade on the go, much easier. Therefore, via Forex Time, traders can place their trades through the MetaTrader 4 or the MetaTrader 5 platforms, specifically designed for iPhones, Android devices, Smartphones, iPads or Andoid tablets. With all the options available things couldn’t be any better.
Give FXTM a chance to make your trading experience unique. Visit their site and learn for yourselves all about their fast execution and floating leverage, as well as the impressive commission rates charged and their 100% reimbursement policy for all commissions charged when funding your account.

Conclusion

In a nutshell, Forex Time offers its customers trading conditions of the highest caliber and the people there are working hard, they don’t seem complacent with the recent successes they have enjoyed and appear devoted and determined to continue diversifying their products and offers and launching new promotions, all for the benefit of their customers, existing and potential, be they novices or professional traders.

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