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Femi Ajayi's Email & Phone - ForexTime (FXTM) - London, Greater London, United Kingdom

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3 Best Forex Brokers for 2020

Senior Software Engineer, Team Lead. Senior Software Engineer at Discord. This review details their service, including account types, the trading app, the demo account and of course the trading platform, including MT4. We also list any current bonus offers and key comparison data such as min deposit and min trade amounts. Read on and login today. FXTM offers a range of trading platforms. Desktop or laptop users can choose from Metatrader 4 or Metatrader 5. These are the go-to platforms for trading, with an excellent reputation.

Metatrader 5 is available for download use on laptops or desktops, but not for small screen users, who will need to continue with Metatrader 4.

Mobile users can take advantage of the Metatrader 4 app, which is available in a format suitable for both Android and iOS devices. The broker has also rolled out 11 new dynamic currency and stock basket indices, split across 6 forex indices and 5 stock indices. The FX indices track leading currencies while the stock indices track trending retail spaces, such as vegan-related firms.

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These are a great opportunity to trade in innovative new financial products with competitive trading conditions. Commission percentages are relatively low for Forex traders and around the industry average for CFD trades. With the Standard Account, spreads start a little higher, but remain very competitive. Please note that Spreads are floating and they may increase during specific periods of the day depending on the market conditions. The company does introduce a number of additional charges that, if they are applied, can make them an expensive choice.

For the majority of the major Forex pairs, leverage is set at This is a level imposed by ESMA regulation and is the same across most regulated brokers. For less commonly traded pairs minor Forex pairs , leverage is set at Note that leverage is not automatically agreed.

Forex Trading Sessions

FXTM will agree leverage based on individual experience, previous trading record, degree of customer loyalty and various other factors. The first one is the mobile app which enables trading via Metatrader 4. This app is available for download in both Android and iOS formats. The app can be downloaded from the site. This app gives users access to all MT4 functions, enabling effective trading on the move.

This can be frustrating for traders who wish to use MT5 on the move, but have no choice but to make do with MT4. This is offered in both iOS and Android format. Designed to provide an enhanced trading experience, features include:. This is a great all-round app for mobile trading and is a great addition to the online platforms. FXTM offers multiple deposits and withdrawals methods, all geared towards inclusive trading. Some deposit methods have a two-hour processing time, while others are instant. All deposit methods are commission-free. Visa, Maestro and Mastercard: these transactions are usually processed the same working day.

Neteller withdrawals are processed the same working day. No commission is charged. Note that FXTM may ask for additional information before authorising a withdrawal. FXTM offers a high-grade demo account which enables individuals to hone their trading skills before investing their hard-earned cash. Several bonuses and promotions are available. Please note that all promotions and contests come with Terms and Conditions. One of the areas in which FXTM is extremely strong is the amount and calibre of the educational material that is available.


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Users can select from a comprehensive range of materials, presented in a variety of formats. Resources include webinars, tutorials, articles and a glossary of terms.

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