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FXTM broker is one of the forex trading service providers which is quite popular among traders, especially those who are looking for flexibility in trading. Started operations in 2011, the broker with a label that stands for the phrase "Forextime" was originally pioneered by Andrey Dashin, one of the leading figures in the broker Alpari who is known to have a long history in the world of trading.

FXTM's development can be said to be very rapid in a short time. In just 3 years after its launch, this broker has expanded to various countries, and started offering various products and extra trading facilities such as WebTrader, PAMM accounts, and info updates from analyst teams specifically formed by FXTM.

Judging from the various trading conditions, FXTM also seems reluctant to embrace various traders. From those who are looking for low capital trading, tight spreads, to trading advantages with ECN features, all can be available at this broker. The following is a more complete description of the FXTM broker that can be your consideration:



Specifications of FXTM Trading Brokers
  • Type of Broker: ECN / STP
  • Company: ForexTime Limited
  • Regulation: CySec Cyprus (license number 185/12). Companies that oversee FXTM are also registered with the UK FCA (license number 600475).
  • Minimum spread: Starting from 0 pips
  • Maximum leverage: Up to 1: 1000
  • Minimum deposit: $ 5
  • Minimum Lot: 0.01 lot
  • Trading instruments: More than 50 Forex pairs, metal commodities, stock CFDs, and crypto currencies
  • Trading Platform: MT4, MT5
  • Withdrawal Deposit Method: Wire Transfer, Credit Card, Skrill, Neteller, FasaPay, WebMoney, Perfect Money, Bitcoin, Bitcoin via Skrill, CashU, Qiwi Wallet
  • Account Currency: USD, EUR, GBP, RUR, PLN, NGN, INR, CZK, BTC, ETH, LTC, DASH, IDR
  • Swap Free (Islamic Account): Available
  • Trading Strategy: Unlimited, including for Hedging, Scalping and EA usage.
  • Support for Indonesian Traders: Indonesian-language sites, deposits via local banks (BCA, BNI, Danamon, BRI, Mandiri), partnership programs, IDR account types, Indonesian-specific client support at indonesia@fxtm.com, Live Chat in Indonesian.
Type of FXTM Trading Account

Standard account

For middle traders with standard capital who want to enjoy trading options with a variety of instruments, also a more optimal volume capacity.
  • Minimum deposit: $ 100
  • Maximum leverage: Up to 1: 1000
  • Spread: Starting at 1.3 pips
  • Minimum Lot: 0.01 lot
  • Instruments: 59 Forex Pair, 5 Spot Metal, 14 Spot CFD, 4 Crypto Currencies
Cent account

For beginner traders who prioritize the simplicity of trading and relief, both in terms of capital, trading size, and real risk.
  • Minimum deposit: $ 5
  • Maximum leverage: Up to 1: 1000
  • Spread: Starting at 1.5 pips
  • Minimum Lot: 0.01 lot
  • Instruments: 25 Forex Pair, 2 Spot Metal
Shares account

For traders who want to trade stock CFDs specifically.
  • Minimum deposit: $ 100
  • Maximum leverage: Up to 1:10
  • Spread: Starting at 0.1 pips
  • Minimum Lot: 0.01 lot
  • Instrument: 180 Stock CFDs
ECN account

For traders who want to enjoy trading advantages with ECN conditions; Low spreads ranging from 0.1 pips and Market Execution accuracy.
  • Minimum deposit: $ 500
  • Maximum leverage: Up to 1: 1000
  • Spread: Starting at 0.1 pips
  • Minimum Lot: 0.01 lot
  • Instruments: 48 Forex Pair, 3 Spot Metal, 14 Spot CFD
  • Commission: $ 2 per lot
Zero ECN account

For traders who want to get the privilege of ECN trading with more affordable capital and costs.
  • Minimum deposit: $ 200
  • Maximum leverage: Up to 1: 1000
  • Spread: Starting at 1.5 pips
  • Minimum Lot: 0.01 lot
  • Instruments: 48 Forex Pair, 3 Spot Metal, 14 Spot CFD
  • Commission: None
FXTM Pro account

For pro traders who want to get the most optimal service from FXTM, starting from the facilitation to the complete trading facilities.
  • Minimum deposit: $ 25,000
  • Maximum leverage: Up to 1: 200
  • Spread: Starting at 0 pips
  • Minimum Lot: 0.01 lot
  • Instruments: 43 Forex Pair, 2 Spot Metal
FXTM's advantages

Judging from the various specifications and services provided so far, FXTM has advantages in offering features that are very flexible and are routinely developed. At a relatively young age, this broker has been able to build his own PAMM and Copy Trading platform, also get a license from a credible Offshore regulator.

FXTM brokers also have a variety of tools to further support traders' conveniences, including in-house trading signals, dedicated FXTM Mobile App, MT4 indicators, trading calculators, VPS services, analysis rubrics that have been managed by trusted experts (including Lukman Otunuga) , also the forex learning rubric that is displayed in various formats.

For Indonesian traders, FXTM also presents commitments that cannot be underestimated. In addition to providing support for Indonesian-language sites, Indonesian traders are also spoiled with deposit withdrawal facilities through local banks, as well as easy-to-understand client services in Indonesian.

FXTM shortcomings

There are not many shortcomings that can be explored from this broker, except that his experience is still minimal when compared to other brokers who are old players. In addition, the flexibility of these brokers tends to be a lack of its own, because changes in rules and trading specifications become too frequent. For example, in just a few months, this broker can make a major overhaul of the type of account offered. Usually, changes like this are also not broadcast generally on pages that can be accessed by non clients.

Recommendations for Traders

If you are a trader looking for a service quality, security, and affordable medium broker for the size of an Indonesian trader, then FXTM can be a broker worth trying. This broker's commitment to provide stock CFD trading accounts specifically, can also be used by those who want to find alternative trading other than forex, or just expand the trading portfolio.

However, you should carefully study all the rules and conditions of trading at this broker, because the info included on the FXTM site almost always has additional information that is at a glance less significant, but can actually be very influential on the smooth running of your trading later. In addition, diligently update the information from the broker if you do not want to be harmed by changes in conditions that are often done by FXTM.
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