FXTM – A Review of the FXTM Website
The FXTM website offers many options for the forex trader. The live chat option and FAQ section offers a quick response to any questions. The website also offers email support and Telegram and Messenger messaging options. It also has a phone number and request-a-callback option. It also offers several payment options.
The demo account on the FXTM website is an excellent way for beginners to experience the trading market before making a real-money deposit. The demo account is set up just like a real-money account and includes all of the same options as a live account, including initial balance, leverage, and account type. It also includes educational tools that can be helpful in the trading process.
Demo accounts give you an idea of how trading works and can help you avoid common pitfalls. They can also help you familiarize yourself with your broker’s trading platform, which can be difficult for a new trader. Besides that, you can try out multiple trading strategies and better understand how the market functions. Demo accounts are great for beginners and even advanced traders.
The commissions charged by FXTM are among the lowest in the FX space. The commission rate for an active trader is $2 per 100,000 units traded, and the round-turn commission rate is $4. When calculating commissions, clients should understand that the rate is based on the number of units traded in the base currency. For example, the commission rate for EUR/USD is USD 4.74, while the commission on MT5 Advantage accounts is $1.20.
While most brokers charge processing and payment gateway fees, some have zero or low commissions. XM Forex, for example, charges zero commission for all deposit and withdrawal methods. TThose who are worried about their funds can opt for an ECN account, which has a lower commission rate.
FXTM has regular contests for its website visitors. They are a great way to practice your trading strategy, polish your skills, and build confidence. You can participate in the contests using Demo or Live accounts. They are perfect for both experienced and “fresh” traders. To take part, you need to register.
To qualify for the Promotion, you must have an active trading account with at least $150. You must open a position for at least five minutes. You cannot transfer your bonus funds to other accounts. You need to make your deposit during the Promotion period.
If you are a new trader and wish to try forex trading, you can get a 30% deposit bonus from FXTM. The company offers several different services and promotions. However, you should be aware of the terms and conditions of the bonus before you start trading. First, you must have a verified account and deposit at least $150. You will also need to trade at least one standard lot with this bonus before withdrawing it.
Another thing to note is the various types of bonuses that different brokers offer. Different bonuses are designed to attract different types of traders. Make sure you read all the terms and conditions to see which is right for you.
The FXTM trading platforms allow traders to trade real-time prices on several markets. These include NYSE and NASDAQ real stocks, CFDs, and cryptos. These platforms support the major trading currencies and include various features for experienced and new traders. In addition, FXTM’s customer service and support are second to none and are available in several languages.
With FXTM, you can deposit and withdraw funds through various methods, including credit cards, eWallets, bank wire, and local transfers. Deposits are usually processed within 24 hours, and withdrawals take two to three days. In addition, most payment methods offer free or low-cost withdrawals, ranging from PS5 to free.
If you have any questions about the FXTM website, you can get them answered quickly and effectively. There is an extensive FAQ section and live chat service. The website also offers phone support through more than ten numbers. Customers who have questions about the trading platform can also get support in multiple languages.
FXTM is a global leader in online financial trading and offers a diverse range of products. This broker is based in the United Kingdom and Cyprus and accepts clients from over 150 countries worldwide. Its advanced trading platforms are accessible on mobile, desktop, and web.