Register to Trade GAMESTOP FXTM Global

You’re charged $5 per month after six months of inactivity and most withdrawal methods also have a fee. If you are a non-EU client, you can also trade commission free with real stocks from the NYSE and NASDAQ stock exchanges. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. In the sections below, you will find the most relevant fees of FXTM for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

FXTM receives feedback that is more than 90 percent positive. One very useful part of the LimeFX website is a comparison between MetaTrader 4 and MetaTrader 5. That way, clients can choose which platform from MetaQuotes will work best with their limefx scammers FXTM trading experience. Its user-friendly features are cutting-edge, and they will have access to all of the major trading instruments. They will also get automated trading via Expert Advisors, and support for multiple currencies and languages.

Account opening

All you need is your base currency, the currency pair you are trading on, the exchange rate and your position size in order to calculate the value of a pip. A trader is able to view the existing pip value of just any instrument in his or her trading account in the Dealing Rates window which is in the pip cost. Unfortunately, FXTM is not available to traders in the USA so these clients will need to find a different broker. It also features insights that can help you develop a trading strategy. Of course, it also includes expert forex and commodity technical analysis. To supplement these performance statistics, LimeFX lets traders connect with a Strategy Manager to copy their trades via FXTM Invest.

We were disappointed that fees are charged on most withdrawal types. FXTM offers three accounts, which is average compared to other brokers, but we were disappointed that FXTM’s trading fees are higher than other brokers on two of its three accounts. The MT4 version includes support for 18 languages, one-click trading, an intuitive user interface, 9 timeframes, real-time quotes, comprehensive account history. It also includes advanced analysis tools, real-time quotes in MarketWatch, and reliable data protection. LimeFX offers dozens of deposit and withdrawal methods as a way to appeal to a wide range of clients. Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers.

FXTM Leverage & Margin Requirements

Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by LimeFX / FXTM. FXTM Ebook library is helpful for both new and experienced traders. The e-books help improve results and cover a range of topics, including cryptocurrencies, the Elliott Wave Theory, the Bullish Japanese Candlesticks and Strategies, and many more. All the traders need to do is register with FXTM to download the ebooks for free.

To find out more about margin requirements for different account types and how margin is calculated please refer to FXTM’s Margin Requirements page. Our pip value calculator will tell you the value of a pip in the currency you want to trade in. This information is crucial in determining if a trade is worth https://limefx.biz/ the risk, and in managing that risk appropriately. Our pip calculator will help you determine the value per pip in your base currency so that you can monitor your risk per trade with more accuracy. Trade on a trusted platform with rich, beautiful charts and the functionality traders at your level expect.

Trading Videos

It is regulated by several such as Cyprus Securities and Exchange Commission and licensed by the Financial Sector Conduct Authority of South Africa. Our ultimate guide to the FXTM minimum deposit is updated regularly. FXTM is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority (FCA). In MyFXTM, you can also use some more technical research tools. There is a tool called FXTM Pivot Points Strategy that helps you to analyze price direction and market sentiment. You can find them in MyFXTM, under ‘Trading Services,’ and within that the ‘FXTM Trading Signals’ section.

FXTM provides loyal traders with frequent bonuses, promotions, and the FXTM Loyalty program. Irrespective of the experience level of the traders, there is something for everyone at FXTM. A lucrative deposit bonus of 30% is offered to traders who make a minimum deposit of $100. The maximum bonus that can be claimed from this offer is $150, which is automatically credited to the account. The account verification process takes about a few minutes, and the brokers create an account as soon as the verification is complete so that traders can start trading at FXTM with the deposition of a minimum deposit.

Open an Account with FXTM

Commodity trading has become more convenient thanks to the FXTM exchange, where traders can access the commodity market more easily than by buying the commodities outright. At FXTM, traders can do trading CFDs on US natural gas, US crude oil, and UK Brent oil. The prices of energy and oil products keep fluctuating based on a number of factors, such as general confidence prevailing in the world economy and demand & supply for the products. While trading in a speedy market like Forex and CFD trading, choosing a broker that executes trades efficiently is important.

• Its daily market analysis will also help beginners understand the real-world implications of news events on the Forex market and where trading opportunities lie.
• We ranked FXTM’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.
• This market outlook includes the potential movements within the forex and commodity markets in the coming months.
• Knowing the forex market’s operating hours is essential for a trader.
• For example, AUD/JPY will experience a higher trading volume when both Sydney and Tokyo sessions are open.

Use the Forex Market Time Zone Converter tool below to view the open and close times of the main forex trading sessions in your own local time zone. FXTM also has its own trading app that integrates well with MT4, but we were disappointed that it does not support MT5 or investment accounts. Like other well-regulated brokers, FXTM does not allow funding to or from third parties.

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process. Central to that process is the evaluation of the broker’s reliability, the broker’s platform offering, and the trading conditions offered to clients, which are summarised in this review. We found that FXTM’s customer support is excellent compared to other similar brokers with weekend support. Overall, we enjoyed FXTM’s market analysis – it is clear that Forex experts write it. It is full of detail and interesting leads for new trading opportunities.