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FXTM Canada

(5 out of 5 stars from 5 Reviews)

C$ 150,00

Top Forex Brokers Canada for Top Currency Trading

ForexTime may be a forex broker geared to a variety of skill levels which was founded back in 2011 by Andrey Dashin.

ForexTime (FXTM) offers an solid trading platform supported MetaTrader 4 and 5 and offers a good range of trading instruments including Cryptocurrencies, Forex, CFDs for Indices & Commodities, Spot Metals and Shares CFDs.

ForexTime is well regarded within the industry with competitive spreads and is regulated within the UK by the FCA and Cyprus by CySec.

Although ForexTime is one among the newer brokers, it’s been growing at a quick pace and has earned numerous awards in it’s lifetime. Read on, for our honest review of the ForexTime broker.


Overall Rating

94.67%

Minimum Deposit
97%
Very Good
Support
90%
Very Good
Withdrawals
97%
Very Good

Licenses & Regulations

ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF registration number 185/12,
licensed by the Financial Sector Conduct Authority (FSCA) of South Africa , with FSP No. 46614.
The company is additionally registered with the Financial Conduct Authority of the united kingdom with number 600475.

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Top Forex Brokers Canada for Top Currency Trading
Forex Time FXTM

Exinity Limited (www.forextime.com) is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing registration number C113012295.
Forextime UK Limited (www.forextime.com/uk) is authorised and controlled by the Financial Conduct Authority, firm reference number 777911

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ForexTime Trading Instruments

  • With FXTM, traders are ready to trade a pleasant range of instruments.
  • There are quite 50 currency pairs.
  • Those who like better to diversify their investments also can trade CFDs, spot metals, share CFDs, and CFDs on Commodity Futures.
  • Additionally, they will trade CFDs on Indices and ETFs, and CFDs on cryptocurrencies.
  • This includes quite 180 US shares.

You can trade up to 59 exotic currency pairs, 5 spot metals, 14 spot CFDs, 3 CFDs on commodities, and 4 cryptocurrencies.

Many traders appreciate the power to interact in both stock trading and stock CFD trading with ForexTime.

Trading stocks with FXTM may be a great way to diversify your portfolio and introduce risk. It also helps not need to affect the deadlines related to stock CFDs.

To trade stocks with FXTM, you would like an FXTM Pro MT5 Account. this may offer you spreads from 0 pips, the fastest execution, and your choice of mini, macro, or standard lots.

FXTM Accounts

ForexTime Trading Terms

ForexTime prides itself on offering excellent trading terms. there’s fast execution and therefore the availability of micro and mini lots.

The minimum deposit is conveniently low and therefore the platform uses No Dealing Desk (NDD) technology. FXTM also has deep interbank liquidity and allows for Expert Advisors also as Logarithmic Trading.

Floating leverage are often as high as 1:1,000. Spreads are often as tight as 0.1 pips counting on the market conditions and account type.

The leverage of up to 1:1,000 is a component of the FXTM floating leverage system. thereupon high leverage, traders are ready to increase their potential profits via trading larger volumes. This does, however, accompany a better risk.

The tight spreads from ForexTime help to make sure that traders can cash in of low initial trading costs.

FXTM also delivers fast execution as transactions are executed immediately. this suggests that you simply don’t need to worry about delays interfering together with your ability to urge the simplest prices.

The NDD technology mentioned lets ForexTime work with various liquidity providers. that provides the clients the simplest possible prices for both bid and ask. This tech provides deep interbank liquidity. It also provides the power to deliver those previously mentioned instant trades.

To view the complete contract specifications for all trading instruments, attend the Trading Instruments portion of the ForexTime website. Then, visit Contract Specifications.

You can view specific information for forex, spot metals, CFD US shares, spot commodities, stock trading, spot indices, and cryptocurrencies. you’ll see information like minimum or typical spreads, pip values, swaps, and trading sessions.

ForexTime Margin & Leverage

You can view every single one among the margin and leverage requirements for ForexTime trades on the acceptable page on the broker’s website. All the data is under the most category of Trading Accounts.

The margin requirements and leverage requirements are listed for normal , ECN, and ECN Zero Trading Accounts. View the wants within the categories of FX majors, FX minors, FX exotics, spot metals, BTCUSD, ETHUSD, LTCUSD, and RPLUSD.

For each of those , you’ll find the notional value for USD, EUR, GBP, or NGN, also because the leverage offered and floating margin as a percent.

The same information is displayed below this with the knowledge for FXTM Pro MT4 Trading Accounts. Then, for FXTM Pro MT5 Trading Accounts also .

FXTM Comissions

The commissions charged by FXTM vary supported account type. there’s no commission on Standard Accounts, Cent Accounts, Shares Accounts, ECN Zero Accounts, or FXTM Pro Accounts. ECN Accounts have commissions of $2 per lot.

In the case of certain accounts, there are floating commissions. For ECN MT4, for instance , the commission depends on the trading volume and equity, with lower commissions like higher trading volumes and equities.

You can view the precise floating commission rates under Trading Accounts on the Commissions page. you’ll also find commissions for stock trading via PRO MT5 here.

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C$ 150,00

Top Forex Brokers Canada for Top Currency Trading

C$ 150,00

Top Forex Brokers Canada for Top Currency Trading