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FXTM or ForexTime was founded in 2011 and is a global CFD and FX broker. It is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). FXTM is considered safe because it is regulated by the top-tier FCA.
BROKER TYPE
Non Dealing Desk (NDD)
INSTRUMENTS
Forex, FX Indices, Metals
Commodities, Indices
Stocks, Stock CFDs
REGULATIONS
Cyprus Securities and Exchange Commission (CYSEC), Financial Conduct Authority (FCA), Financial Services Commission (FSC)
SPREADS
0 Spread + Average of $0.40 - $2 Commission based on volume.
MAX LEVERAGE
2000:1
MIN. DEPOSIT
Varies Per Account Type (From 50$ to 500$)
DEPOSIT OPTIONS
Wire Transfer, Local Bank Transfer Solutions (For China, Latin America, Morocco, South East Asia, Turkey, Saudi Arabia, Nigeria, Algeria, Ghana Bangladesh, Egypt, Iraq, Malaysia, Laos, India), African Local Solutions, Telepay, globepay & Skrill.
WITHDRAWAL OPTIONS
Wire Transfer, Local Bank Transfer Solutions (For China, Latin America, Morocco, South East Asia, Turkey, Saudi Arabia, Nigeria, Algeria, Ghana Bangladesh, Egypt, Iraq, Malaysia, Laos, India), African Local Solutions, Telepay, globepay & Skrill.
PLATFORMS
Metatrader 4, Metatrader 5
Financial Intermarket Brokerage Group (FIBO Group Ltd) was founded in 1998. The organisation is licensed and regulated by the Financial Services Commission (FSC). The broker offers trading on MT4, MT5 and cTrader, with a range of live, PAMM and demo account options.
BROKER TYPE
Non Dealing Desk (NDD)
INSTRUMENTS
Forex, CFDs, Cryptos, Spot metals
REGULATIONS
Financial Services commission (FSC)
SPREADS
From 0 to 0.8 on major pairs
(Fixed/Variable)
MAX LEVERAGE
1000:1
MIN. DEPOSIT
Varies Per Account Type (From 0$ to 1000$)
DEPOSIT OPTIONS
Wire Transfer, Credit Cards, Netteler, Skrill, Web Money, Fasa Pay, Perfect Money, Crypto, Blockchain, Bitpay
WITHDRAWAL OPTIONS
Wire Transfer, Credit Cards, Netteler, Skrill, Web Money, Perfect Money, Crypto, Blockchain, Bitpay
PLATFORMS
Web Terminal MT4, Metatrader 4, Metatrader 5 , Ctrader