Broker Review

FXTM Review – Learn More About Forextime.Com Broker

FXTM presented itself as a leading broker for emerging markets. Traders can use exceptional MT4 and MT5 trading platforms. Moreover, there’s quality research and education. This FXTM review is here to help you see if the venue is as good.

Stick around for more interesting details. There are many of them that you should be mindful of. Let’s dive in!

Headquarters	Cyprus
Regulation	CySEC, FSCA, FSC, CMA, FCA
Instruments	1000+ financial instruments, 50+ currency pairs, CFDs on crypto, Spot metal, Shares, Commodities, and Indices.
Platforms	MetaTrader 4 & MetaTrader 5
EUR/USD Spread	1.5 pips
Minimum Deposit	$100
Base Currencies	Various base currencies
Demo Account	Yes
Education	FXTM Education Center
Customer Support	24/5

FXTM Regulation and Security

FXTM is one of the world’s leading brokers. It has an outstanding number of customers and quality offerings altogether. This broker sets its core on reliable trading needs and accurate education tools. Moreover, it brings trading across the world, regardless of the trader’s proficiency.

FXTM is a legit, secure, and reliable broker. It is highly regulated, keeping licenses in many jurisdictions. This legit broker is also attaining a license in Kenya as it extends across the African mainland.

FXTM stays one of the more transparent brokers. They care about trading conditions, giving clients a distinctive edge.

Trading with a licensed broker will restrict the possibility of scale and malpractice. It is advisable for traders to see if there are any regulations.

In addition, always verify it with the regulator. Do that by scanning the license with their database. Remember that FXTM gifts traders with 4 well-regulated entities.

How Are You Protected?

FXTM license means its obedience to all the rigid regulatory requirements. So, the funds of traders are safe, as the broker fully segregates funds from the operating funds of the FXTM. It does that while keeping in respected EU banks.

Moreover, FXTM is a partner of the Investor Compensation Fund that reimburses in case of the firm insolvency. There’s also negative balance protection.

Leverage

FXTM delivers the utmost leverage up to 1:2000. However, it is a six-tier system. It declines as trading volume increases, which is an intelligent choice.

Most retail traders will fetch between 1:500 and 1:1000. Furthermore, trading volumes of 60.0 and above slowly drop to 1:200, 1:100, and 1:25.

It is another industry-leading trait available at FXTM. Are you a resident of Europe or the United Kingdom? Or are you holding an account under a European body that follows the ESMA law? In that case, the highest current leverage ratio is the following:

1:30 – Forex instruments
1:20 – Metals, 1:10
1:20 – Minor currency pairs
1:5 – Shares

Account Types Offered

Let’s talk about account types offered at FXTM. Forextime delivers two trading accounts – Micro and Advantage Plus. Also, there is one commission-based option – Advantage.

Micro mandates a minimum deposit of only $10 or a coin equivalent. At the same time, the other two account types need a minimum deposit of $500.

It is advisable to use the commission-based option. Why? Trading costs stay among the best ones. Moreover, both commission-based accounts charge somewhat costly fees.

Demo Account

A demo account is present at FXTM. It is unknown if there are trading time restrictions. Therefore, it is ideal for testing strategies and expert advisors.

Forex demo account is available for MT4 and MT5 and lets traders choose the demo account balance and leverage.

While no demo account can mimic live trading conditions, the options available at FXTM come as close as feasible to doing so.

FXTM Pro Account

The FXTM Pro Account caters to skilled traders, as the name implies. FXTM also promotes it to institutional traders and hedge funds. It needs a minimum deposit of $25,000 or currency equivalent to open.

Holders fetch commission-free raw spreads from 0 pips. FXTM attains its revenue from volume in this account type. Spreads will average above 0.2 pips, which remains one of the most popular offers industry-wide.

Average trading prices for liquid currency pairs are varying between $0.00 and $2.00 per 1 standard lot and max leverage of 1:200. FXTM broker has put together an account type for skilled traders with industry-leading requirements.

Traders in the FXTM Pro account have no restrictions on trading strategies.

They can utilize the MT4 and MT5 trading platforms. Moreover, the lowest transaction size hangs around 0.01 lots.

Deposits and Withdrawals

Speaking of funding options, FXTM made it quite straightforward. There’s a spectrum of funding options to choose from. You will easily find a convenient money transfer provider.

Numerous payment methods will entitle you to transfer funds quickly. You can use bank wires, credit cards, and some digital wallets.

The minimum investment is among the average in the industry. However, fees are either zero or very slight.

How to withdraw money from the platform? Take a look at the following steps:

Log in to your account in MyFXTM and visit the “Withdraw” page via “My Money”
Choose the withdrawal option, needed amount, and select “Withdraw”
Finish the withdrawal request along with the PIN that will arrive in your inbox or cellphone via SMS
Verify the withdrawal request and click “Submit”

Trading Instruments

Established on our results, FXTM offers a good span of markets and account features. This is terrific news for every trader out there!

The trading markets consist of 1000+ financial instruments. There are also Forex products with more than 50 currency pairs. There are crypto assets such as BTC, ETH, LTC, and Ripple. All of these options are simply mind-blowing!

Trading Software Overview

FXTM trading tech and toolbar use the industry’s greatest platform providers. These platforms don’t need a presentation, as these are MT4 and MT5.

Nevertheless, the progressive tech of the MetaTrader was integrated with FXTM’s remarkable trading services. These allow smooth function and enhance your trading capacities.

Web Trading Platform

We know that the FXTM platform supports MT4 and MT5 software. Notably, both of these deliver different versions. That can be the web platform or the one you can install instantly on any device.

Web trading software is a terrific option if you are a newbie trader. Why? The platform is accessible from the browser. It doesn’t need any installation, by all means.

Desktop Platform

Do you need more tools along with effective customization? If yes, you better choose the Desktop version. MetaTrader supports all types of devices including PC and MAC. Thus, you will always have access to your account.

All critical and practical tools are also incorporated into the package. There are risk management, analysis, and unique trading tools.

Customer Support

FXTM broker has outstanding customer support that is available through numerous sources. There is support via chat, phone, emails, apps, etc.

Apart from the positive reviews in terms of its good standing, FXTM also supports a span of languages. You will always get help whenever you need it.

There are time-honored headquarters in Asia, Europe, and more. So, it is proper to state that FXTM covers the global needs of traders.

Education

The research team at FXTM provides market analysis in written format, YouTube videos, and podcasts. They present a brief outline and an informative take on market affairs. FXTM broker also retains its signals service for traders aiming for actionable breakdown.

Newbie traders have access to one of the vastest educational offerings. These consist of a video library with dozens of videos, written content, and a resourceful periodic table.

Tip: Aside from legitimate firms, there are companies that market systems—such as signal sellers or automated trading—and often sell things that are not safe and do not yield profitable results. These phony sites often pray on people on different venues or forums. Always be mindful of this!

FXTM Overall Summary

Finishing the FXTM review, we can see that this legitimate broker has many benefits. It gives rookies and skilled traders terrific trading potential. Notably, FXTM is one of the leading forex brokers. In addition, there are other countless benefits and global coverage.

The account options are exceptional. It lets any trader choose between flexible or floating leverage. However, don’t forget that the broker also delivers tight spreads from 0.1 pips.

In general, FXTM is a trustworthy broker and everyone can feel safe using it.

FAQs About FXTM Broker

Is FXTM A Good Broker?

FXTM is a reliable and outstanding broker. You can safely try it out.

When Was FXTM Founded?

FXTM was founded in 2011 and has climbed the ladder even more since then.

What Is The Minimum Deposit at FXTM?

There is a minimum deposit of $10. So you can get started without stressing too much.

How Long Does it Take to Withdraw from FXTM?

The whole withdrawal process usually takes about 1 or 2 business days.

What Methods Can I Use to Deposit Funds at FXTM?

You can use credit or debit cards, digital wallets, and wire transfers.

HFM Review – All About HFM.Com Broker

HFM is a member of HF Markets Group. The company was founded in 2010 and started taking the world like storm almost immediately. With 60+ awards and 5 international licenses, we can clearly see why HFM is as successful as they are.

Being on top of the food chain is not easy. HFM holds licenses in 5 different jurisdictions, most notably in the UK, issued by the FCA. Other licenses were issued in Dubai, South Africa, Seychelles, and Kenya by their respective agencies.

Applications used for trading by HFM are the most popular ones available. For those just starting out their career, there is an excellent education program and great customer support as well.

We know the world of finance has become full to the brim with different companies offering different conditions. Making a decision can be hard work, so let’s see what exactly makes this firm a world-renowned broker.

Country of Regulation	UK, Cyprus, Dubai, South Africa, Seychelles, Kenya
Trading Fees Class	Low
Inactivity Fee Charged	Yes
Withdrawal Fee Amount	No
Minimum Deposit	$5
Time to Open An Account	A couple of minutes
Deposit with Bank Card	Available
Depositing with Electronic Wallet	Available
Number of Base Currencies Supported	2
Demo Account Provided	Yes
Trading Platform	MetaTrader 4&5, FBS Trader, Web platform
Products Offered	Forex, stocks, indices CFDs, share CFDs, CFDs on valuable metals, CFDs on energy, Crypto, CFDs on Bonds, CFDs on ETFs
Customer support	24/5

HFM Regulation and Security of Funds

We already mentioned how HFM holds several international licenses, but in the trading world not all licenses are considered equal. HFM holds one of the most prestigious ones, issued by FCA in the UK.

In order to be allowed to provide broking services in the UK, FCA requires certain conditions brokers have to meet. These conditions include but are not limited to at least £730.000 of starting capital.

FCA also requires clients’ financial safety through segregated bank accounts and other security implements. What this means is that there is no possibility for the company to misuse clients’ funds in any way.

The UK also requires maximum leverage of 1:30 and additional measures such as negative balance protection. Compensation scheme with a maximum of £85.000 further solidifies customer protection. FCA also allows no bonuses.

Other regulators that have issued licenses to HFM are DFSA from Dubai, FSCA from South Africa, FSA from Seychelles and CMA from Kenya. Among these, DFSA and FSCA have similar strict requirements, but FSA and CMA have some more lax regulations.

HFM Available Account Types

No matter if you’re the diligent type that likes more control, or if you have a greater appetite for risk, HFM has you covered. Their accounts include Micro, Premium, Zero Spread, PAMM, and HFcopy. All accounts are available in Live and Demo versions. Here’s a quick list of some interesting aspects of some accounts:

They’re easy and quick to open
Micro accounts start with deposits as low as $5
Premium accounts have all the tools an experienced trader needs
HFcopy Accounts for Strategy Providers
All these accounts offered in Live and Demo versions

All this diversity makes you really appreciate the effort HFM made to satisfy evolving needs of the market. Novices, as well as experienced traders and even professionals, will find all the solutions they need with this broker.

Depending on how high you set the bar, you may go with a Micro account with a $5 minimum deposit, or you can go with a more serious account like the PAMM. The deposit on PAMM is on the steeper side, with $250 minimum.

Demo accounts are made available for those who are unsure on what account best suits their needs. These demo accounts can also be used to train advanced speculation methods, or for long-term statistical analysis. If you need a tool, HFM probably has it.

HFM Trading Instrument Available

By making over 1200 trading instruments available to their clients, HFM has further cemented their hold on the global market. This is a huge list indeed, so our staff has decided to make a short list of goodies available on HFM.

Let’s have a brief overview of them now:

Over 50 forex currency pairs with spreads from 0.1 pips (EUR/USD, AUD/USD, GBP/USD, USD/CAD, USD/CHF, CAD/USD, EUR/JPY)
10+ Indices CFDs (US100, US30, AU200, EU50, NETH25, DE30, JP225)
50+ Stocks CFDs (Apple, Hilton, Google, IBM, Netflix, Pfizer, Tesla)
19 Cryptocurrencies CFDs (Bitcoin, Ethereum, Dash, Lite, Stellar, Ripple)
30+ CFDs on ETFs (BETZ, ESPO, ITA, NERD, XLF)
5 CFDs on precious metals (Platinum, Palladium)
5 CFDs on Commodities (Cocoa, Copper, Sugar)
2 CFDs on Energies (USOil, UKOil)

HFM Funding Methods

A good broker allows for a good flow of money. In this regard, HFM is one of the best, with a 0% deposit fee policy, and very low transaction processing times. A number of payment methods are available, ranging from cards, wire bank transfers, and E-wallets.

Traders may select one of the following funding methods:

Credit/debit cards (Visa, MasterCard, Maestro)
Wire Transfers
E-wallets (Neteller, Skrill, Sticpay, FasaPay, Bitpay, RayRedeem)

Besides 0% fee on deposits and withdrawals, HFM charges no commission either. This is amazing for traders with flexible budgets, but there are some fees that do apply, however. After being inactive on the platform for longer than 6 months, a $5 inactivity fee applies.

Overall, fees are not steep by any means. Other expenses you may expect are transfer fees charged by the bank itself, or some special limitations typical for E-wallet purchases.

Depending on the funding type, it might take some time for live accounts to update. E-wallet and card transactions tend to take less than 10 minutes, but Wire transfers tend to take a couple of business days. Although this is nothing out of the ordinary, we should mention that wire transfer withdrawals are limited to a minimum of $100.

Withdrawals are completely free, HFM doesn’t charge any fees from their side. Commissions incur from the bank handling the transfer. Otherwise, all withdrawal requests follow a procedure and take from 2 to 10 business days to process.

HFM Trading Platform

HFM supports MT4 and MT5. For custom user experience, this broking company also developed its own platform, the HFM Platform. We can see a brief list of available software below:

MetaTrader 4
MetaTrader 5
HFM
Web platform

Industry-leading and trend-setting software, MT4 is available with HFM. This platform has a long-standing track record that spans the better part of 15 years. It is a program that standardized how online markets work, and many of its options are now considered staples of online trading.

Similarly, MT5 is a newer generation program that further improves MT4’s functionality. It is not a simple update, but a comprehensive overhaul that adds many more features, tools, and an improved user interface. The program’s functionality is further improved by adding widgets, as well as advanced Timeframes and Strategy Testers.

HFM Platform is a purpose-designed software created to offer a more customized experience for HFM’s clients. The app is available on both Android and iOS platforms and further expands the list of functions.

You may also facilitate trading using a traditional Web Platform, which uses a Web Browser to communicate on the market.

Customer Support

Customer support is available 24/7 via the live chat function. Other support methods are available only through working days, and customer support on HFM is very diligent.

24/7 all-year-round live chat support
Phone calls during workdays
Regional email support

These support options have become somewhat of a norm with brokers over the years. Most companies offer only a call-back option, whereas HFM has a support line for regular calls.

One thing that makes HFM’s customer support really stand out is the sheer volume of phone lines for support, and it extends to many countries with regional speakers. These countries are the US, UK, Brazil, Russia, Columbia, China, India, and many more.

Education Available

Quality education is a must for everyone who wishes to pursue a career as a successful trader. Education classes are available at HFM’s web page, and you will find them very informative.

Some of the knowledge is packed in easy-to-learn video formats, such as tutorials and how-to videos. There are also full-fledged online educational e-courses and a specialized Forex trading e-course.

More advanced users can improve thanks to webinars, events, and podcasts HFM organizes. Professionals will find HFM Exclusive Analytics an invaluable tool that makes the work just that little bit easier.

HFM Overall Summary

HFM has been successful in business since 2010. During that time, they set some standards and defined the way this demanding industry operates. Their platforms operate quickly and without a hitch, and their education is excellent.

This company is fully compliant with licensing requirements set by five different countries. The most strict of these is from the UK, but Dubai and South Africa are also rigorous when it comes to licensing. Besides this, they also hold a trading license in Kenya and Seychelles.

There is a wide selection of different core accounts, each with its own advantages for different customer profiles. All the accounts are available on all supported trading platforms. Supported software is MT4, MT5, a Web Platform and a tailor-made HFM Platform.

Distinguished customer service is available on workdays via Live chat, email and direct phone call. Their education courses are brilliant and elaborate. There are quick classes, as well as full-fledged education courses for beginners, intermediates and professionals.

FAQs About HFM Broker

Is HFM a Safe Broker?

HFM is a safe broking company with a distinguished track record. The company is transparent and secure.

Does HFM Offer Demo Account?

HFM offers a range of different accounts, and for each of those, a demo account is available as well.

What Is The Minimum Deposit at HFM?

Depending on the choice of the account, deposits can be as low as $5. For more advanced accounts minimum deposit is a bit higher at $250.

FXCC Review – Is FXCC.Com a Reliable Broker?

FXCC is a CySEC-regulated broker with a reliable trading platform. All of its clients have the same level of access. Moreover, all deals are conducted quickly with no holds or re-quotes. This broker delivers a lot to its customers. For instance, trading conditions, instructions, and the MetaTrader 4 platform.

FXCC presents practical currency spreads and clear pricing. What’s more, the same goes for the ability to use any trading strategy. The company has a valid license from Cyprus Securities and Exchange Commission.

In this FXCC review, we will see various elements of the brokerage house. Is FXCC good for beginner traders? What about the minimum deposit? Keep reading to find out more details about this multi-asset broker!

FXCC Pros and Cons

Country of Regulation	Cyprus and St. Vincent & the Grenadines
Trading Fees Class	Low
Inactivity Fee Charged	Yes
Withdrawal Fee Amount	No
Minimum Deposit	No
Time to Open an Account	1-hour
Deposit with Bank Card	Yes
Depositing with Electronic Wallet	Yes
Number of Base Currencies Supported	30
Demo Account	Yes
Products Offered	Forex, Commodities, Crypto, Indices

Let’s first focus on the advantages of the FXCC broker. The first one is that trading with FXCC comes with no commissions. Traders from Europe can effortlessly trade commission-free. Then there are no minimum deposit conditions, which is terrific for newbie traders. This platform supports traders from all over the globe, which is quite convenient.

What’s more, there is a first deposit bonus as well as other interesting deposit bonuses. Ultimately, you will find amazing trading conditions and zero deposit fees.

There are just a few drawbacks and you should acknowledge them. For example, traders are not able to use the MetaTrader 5. Also, similarly to other legitimate brokers, there is only one account type.

FXCC Reliability – Regulation and Security

FXCC broker is a company that is fully regulated by the Cyprus Securities and Exchange Commission, CySEC. It has an innovative, regulatory habitat for international clients. Forex trading brokers must satisfy strict financial criteria that include capital sufficiency and keeping funds in segregated accounts.

Major currency pairs, commission fees, trades, interest rates, complex instruments, and log-in details are strictly monitored and duly licensed.

Account Types Available

Broker	FXCC	FXTM	OctaFX	FPMarkets	XM Broker	HFM	FBS Broker
Minimum Deposit	No	$10	$100	$100	$5	$5	$100

FXCC offers three ECN accounts separated by the level of trading size, background, and special demands. Some of the accounts have extra benefits. Those can be zero swaps, commissions, mark-ups, or perhaps fully custom solutions for active traders or those who operate bigger sizes.

With an FXCC ECN account, you will access numerous currencies showcased with spreads from 0.01 pips and the possibility to trade 30 currencies with a span of free tools.

Tip: Always remember that even with legitimate brokers, your funds may be at risk. Trading carries a substantial risk of losing money. Also, be careful about easy earnings and similar tricks. Not all brokers are legitimate like FXCC.

Deposits and Withdrawals at FXCC

To abide by the anti-money laundering policies, you will withdraw funds up to the initial deposit amount. FXCC presents several deposit and withdrawal traits. There’s a zero deposit fee paid by the FXCC processor after the deposit.

Card: You can withdraw your funds with Visa and Mastercard. Deposits often take one hour to finalize and up to 6 days to clear. FXCC broker does not charge an extra fee for withdrawal.
Bank Wire Transfer: It can take 5-7 business days for wire transactions. Withdrawals take up to 7 working days to get to a trader’s account. However, the fee for every transaction is 30 USD – 45 USD.
Union Pay: Deposits are completed within one hour. It takes up to 5 days to withdraw with a price of 45 USD.
Neteller: Withdrawals happen in real-time, in less than an hour. Yet, the customers are charged 2.7% on the amount.
Skrill: Just like Neteller, it takes one hour for the whole process. Moreover, the customers are charged 2.7% on their amounts.
Crypto: Deposits are quick, and withdrawals are processed within a day. Yet, there are “mining fees” on deposits and withdrawals.

FXCC Trading Platform

Customers have access to the entire suite of the avant-garde MT4 trading platform. There is an option for automated trading. What’s more, this is one of the most adaptable trading platforms out there.

MT4 upgrades are available via third parties for an extra fee to boost the trading experience. One crucial benefit is that FXCC presents a more in-depth intro to MT4. Note that many brokers fail to do this.

FXCC Platforms have a rating of 7/10. It’s a good thing that they use the industry-standard MT4 platform. Yet, the lack of alternatives is a significant disadvantage.

Desktop Trading

FXCC platform has a practical desktop version and a mobile app. Notably, every FXCC customer can apply for free trading tools via the Traders Hub.

There is a vast scope of tools that help with the daily trading processes. You can also trade with a free VPS (Virtual Private Server) that carries speed and execution.

FXCC Trading Instruments

Research shows that the broker presents a wide range of trading instruments. It allows trading major and minor pairs and crypto with access to BTC, LTC, and ETH. It also permits the trading of precious metals and fuels. Yet, trading requirements and the availability of the assets rely on the jurisdiction.

Research and Education

Traders, whether newbies or skilled ones, can learn many things. They can learn via the supplied scope of educational resources and study in two separate forms. The daily technical research is available on the web page with updated details and a retest of the momentum.

The broker presents a spectrum of educational resources like guides and writings. However, this spectrum of tools seems to be limited.

Customer Service

As per the FXCC review and analysis, we can see that the platform delivers customer support 24 hours a day. You can reach them via telephone, email, or live chat. Click on the chat logo in the lower right corner of the web page, which is a live chat service. Also, people can access the FXCC FAQ section for easy queries and doubts.

Contact FXCC at [email protected],
You can contact them via call as well;
The chat team can assist you with withdrawal issues, signup queries, and more.

Topics about trading style, investment advice, and mobile trading are covered via customer support. New traders may find it alarming to start trading in brokerage services. Customer service provides details about many things, by all means.

FXCC Overall Summary

So, what did we learn from this FXCC review? You can create a mixed trading portfolio and access superb trading conditions. Long ago, such practices were long-delayed. The traders barely face any technical issues. Moreover, the firm offers competitive leverage and calls attention to user reviews.

The forex broker provides an FXCC demo account to test trading requirements. The same goes for trading tools, instruments, financial markets, bots, market prices, and many trading assets. FXCC broker supports both desktop and mobile trading.

Accounts with FXCC deliver services of excellent trading conditions. Also, the services of FXCC present good news over a specific period. FXCC broker provides fast trading using the well-known MetaTrader 4 platform.

Risk warning, no hidden fees, and demo accounts. We are well aware that all of these are striking for trading forex.

FAQs About FXCC Broker

What Account Types Does FXCC Offer?

There are 3 ECN accounts separated by experience, level of trading size, and some demands.

What Are The Deposit Methods and Fees at FXCC?

You can deposit money by using credit cards, crypto assets, digital wallets, and bank transfers.

What Is The Minimum Deposit at FXCC?

FXCC broker does not demand any minimum deposit amount from you. Keep this in mind!