FXTM Bitcoin Broker | FXTM now also offers Trading in Bitcoin, Ethereum and Litecoin.
FXTM Bitcoin Broker | ForexTime is also known as FXTM, founded by Andrey Dashin (formely Alpari) in December 2012.
The company is headquartered in Limassol-Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC) . The company is also a member of the Investor Compensation Fund (ICF).
FXTM Bitcoin Broker is one of the fastest growing forex brokers in the last couple of years and won several awards throughout those years
Naturally, they offer a variety of trading options such as Forex, Commodity Futures and CFDs which can be traded on Metatrader4/5, Iphone and Android. They offer 5 different account types which will will show you later in this review.
In our opinion, FXTM Bitcoin broker is honest broker with good trading conditions. Their conditions for trading forex include:
-Tight spreads from 0 pips
-Micro and mini lots
-Floating leverage up to 1:1000
-Low minimum deposit
They offer several specific tools for trading that every trader has access to such as economic calendars, news, events reminder, analysis and many important things for traders.
You can make deposit or withdraws with Debit Card, Skrill, Payza, Western union and many other options.
The spread can be in 3 different types_
- FXTM Standard,
- FXTM Fixed spread,
- FXTM Cent.
No matter your level of experience or the height of your deposit, FXTM provides you a solid homee that offers what you require in order to trade properly. The people there are well enough educated thus are able to provide you a very decent level of trading support
Below the different account types FXTM Bitcoin Broker offers :
- Standard Accounts existing out of Fixed Spread Accounts, Standard Accounts and CENT Accounts (Micro lots)
- ECN Accounts ( An ECN MT4 Account and a ECN MT5 Account)
- ECN ZERO Account (No commission).
FXTM Bitcoin Broker offers both the MT4 & MT5 platforms of MetaQuotes . These platforms are available in web, desktop and mobile versions. All platforms are regularly updated keeping pace with any regulatory requirements.
Although the MT5 is regularly updated with all the advanced features, most client still prefer to use the MT4 platform. MT4 comes with plenty of technical indicators , numerous Expert Advisers (EAs) , charting and extensive testing environment. Moreover the ease of use makes MT4 ideal for the beginners.
You have the Forex VPS service for those clients who want to automate their trading strategies and go for Expert Advisors feature. Technical traders can use trading Central technical analysis tool, which is available free. FXTM Invest is a copy trading solution from FXTM.
|Ticker||Name||Minimum Spreads||Trading Sessions|
|Start Trading||Close Trading||Trading Break|
|BTCUSD||BitCoin vs USD||–||00:05:00||23:55:00||–|
|ETHUSD||Ethereum vs USD||–||00:05:00||23:55:00||–|
BitCoin vs USD
|Price Minimum Increment||0.1|
|Contract Size Minimum Increment||0.1|
|Swap Short, USD per 1 lot||-3|
|Swap Long, USD per 1 lot||-3|
|Swap Free Fee, USD per lot||-6.3|
|Swap Free days allowance||4|
FXTM Bitcoin Broker Details
|Regulated By||CySEC, IFSC|
|Number Of Employees||200|
|Contact Information||Tel:+357 2 555 8 777|
|Deposit Options||Credit Card, Neteller, QIWI, Skrill, Webmoney, Western Union, Wire Transfer|
|Withdrawal Options||Credit Card, Neteller, QIWI, Skrill, Wire Transfer|
|24 Hours Support||Yes|
|Support During Weekends||Yes|
|Customer Support Languages||Arabic, Chinese, English, Italian, Russian, Spanish|
|Supported Trading Platforms||MT4, MT5|
|Commission On Trades||Yes|
|Has VPS Services||Yes|
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Trading Forex, Stocks and CFDs carries risk and could result in the loss of your deposit, please trade wisely.