Global Broker governance & inquiry App
Broker Search
English
Download

FXTM , FXTRADING.com Broker Comparison

Do you want to know which is the better broker between FXTM and FXTRADING.com ?

In the table below, you can compare the features of FXTM , FXTRADING.com side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
FXTM
6.55
Regulated
Under guarantee
10-15 years
CYSEC,FCA,FSC,FSCA
--
AAA
AA
402.3
30
30
37
1999
1997
1999
AA

EURUSD: -0.2

XAUUSD: 0.3

29
-5
29
AA
7.87 USD/Lot
26.67 USD/Lot
B

Long: -7.62

Short: 1.97

Long: -40.54

Short: 20.56

AAA
0.1
38.8
ADVANTAGE PLUS,ADVANTAGE
FX Metals Commodities Indices FX indices Stock baskets Stock CFDs (only MT5) Stocks (only MT5)
$/€/£ 500, ₦80,000
1:2000
From 1.5
50.00
floating
0.01
--
FXTRADING.com
8.66
Regulated
Under guarantee
--
15-20 years
ASIC,ASIC,VFSC
--
A
A
500.9
203
219
203
1734
1593
1734
AAA

EURUSD: -0.6

XAUUSD: -0.6

2
-1
14
C
12.3 USD/Lot
49.17 USD/Lot
AA

Long: -4.97

Short: 3.39

Long: -32.87

Short: 19.5

C
0.2
542.2
Pro,Standard
Forex, metals, energies, commodities, cryptos & indices
$200
1:500
from 0.0
0.00
--
0.01
--

FXTM 、 FXTRADING.com BrokersRelevant information

FXTM 、 FXTRADING.com BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of fxtm, fxtrading-com lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fxtm
FXTM Basic Infromation
Registered Country/Region United Kingdom
Founded in 2011
Headquarters Cyprus, UK, Belize
Regulated By FCA, CySEC, FSCA (Out of Scope Business)
Minimum Deposit $10
Leverage Up to 1:2000
Account Types Micro, Advantage, and Advantage Plus
Demo Account Yes
Trading Instruments Forex, Commodities, Indices, Shares, Cryptocurrencies
Trading Platforms MetaTrader 4, MetaTrader 5, FXTM Trader
Mobile Trading Yes
Islamic Account Yes
Payment Methods Credit/Debit Cards, Bank Wire, E-wallets
Minimum Spread on EUR/USD From 0.1 pips
Customer Support 24/5 Live Chat, Email, Phone
Educational Resources Yes
Negative Balance Protection Yes

Overview of FXTM

FXTM, or Forex Time, is a global forex and CFD broker founded in 2011. The company is headquartered in Cyprus and is regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and other regulatory bodies in various countries. FXTM offers a variety of trading instruments, including forex, commodities, indices, shares, and cryptocurrencies.

FXTM is its extensive range of account types, which cater to traders of all experience levels and preferences. The broker offers five different account types, including the Micro, Advantage, and Advantage Plus accounts, as well as demo accounts and Islamic accounts. Each account type comes with its own unique features, including different leverage options, spreads, and minimum deposit requirements. In terms of trading fees, FXTM offers variable spreads on most of its instruments, with spreads starting from as low as 0.1 pips.

FXTM also offers a range of trading platforms, including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are available in desktop, web, and mobile versions, allowing traders to trade on the go and from anywhere in the world.

Lastly, FXTM provides customer support in multiple languages, which is available 24/5 via live chat, email, and phone. The broker also offers a range of educational resources, including webinars, seminars, and trading guides.

basic-info

Is FXTM Legit?

FXTM is currently regulated by two reputable regulatory bodies, the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus. These regulatory bodies ensure that the broker operates within strict guidelines and rules.

Forextime Ltd (Its CYSEC entity), is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC) under regulatory license number 185/12.

regulation

Exinity UK Ltd, its UK entity, is authorized and regulated by the Financial Conduct Authority (FCA) under regulatory license number 777911.

regulation

FOREXTIME LTD is authorized by the Financial Conduct Authority (FSCA), holding a license of Financial Service Authority under license no. 46614.

regulation

Pros and Cons of FXTM

FXTM is a well-known broker that offers a range of trading services to its clients, including forex, commodities, and CFDs. While there are many benefits to trading with FXTM, there are also some drawbacks to consider. In this table, we'll take a closer look at the pros and cons of trading with FXTM, so you can make the right choice about whether this broker is right for you. Some of the pros we'll cover include their range of account types, competitive spreads, and excellent customer support, while some of the cons we'll discuss include the lack of cryptocurrency trading and high withdrawal fees.

Pros Cons
Regulated by top-tier financial authorities, FCA and CYSEC Limited product offerings compared to some competitors
Wide range of account types for different trading needs High inactivity fee
Low minimum deposit requirements Limited payment methods
Demo Accounts Available Limited research tools and resources
Islamic Accounts Available
Access to a variety of trading platforms, including MT4 and MT5
Multiple funding and withdrawal options
Rich Eductaional Resources
Rich Trading Tools
High-quality customer support

Market Intruments

FXTM offers a diverse range of trading instruments for its clients, which includes forex, spot metals, CFD commodities, stock, stock CFDs, and CFDs on indices. The forex market is the largest financial market in the world, and FXTM provides access to a wide range of major, minor and exotic currency pairs. This means that traders have the flexibility to trade the currency pairs that best suit their trading strategies.

In addition to forex, FXTM offers trading in spot metals, which include gold, silver, and platinum. Spot metals can be a useful tool for diversifying a portfolio or hedging against inflation or geopolitical risks. FXTM also provides CFD trading in commodities, such as oil, natural gas, and agricultural commodities. CFD trading allows traders to speculate on the price movements of these commodities without having to own them physically.

FXTM also offers trading in stocks and stock CFDs. With access to global markets, traders have the opportunity to invest in some of the world's leading companies, such as Apple, Amazon, and Facebook. Moreover, traders can benefit from dividend payments when holding stock CFDs for the long term.

Finally, FXTM provides CFD trading on indices, which allows traders to speculate on the performance of a particular stock market. This is particularly useful for traders who want to take a broader view on the direction of a market, rather than focusing on individual stocks.

Overall, FXTM's range of market instruments provides traders with a wide variety of opportunities to diversify their trading portfolio and explore new trading strategies.

market-instruments

Pros Cons
Offers a wide range of markets to trade, including forex, spot metals, and CFDs on commodities, stocks, and indices Limited selection of individual stocks compared to some competitors
Competitive spreads and commissions Margin requirements on some instruments may be higher than other brokers
Access to both major and minor forex pairs, as well as exotic currency pairs Limited cryptocurrency offerings compared to some competitors
Opportunity to diversify portfolio with a variety of markets The number of CFDs on commodities may be limited compared to other brokers
Offers both MetaTrader 4 and MetaTrader 5 platforms for trading Availability of certain markets may vary depending on the trader's location

Account Types

FXTM offers three different types of trading accounts, which are the Micro account, the Advantage account, and the Advantage Plus account. The Micro account requires a minimum deposit of $10, the Advantage account requires a minimum deposit of $100, and the Advantage Plus account requires a minimum deposit of $500.These account types are designed to cater to the varying needs and preferences of traders, ranging from beginner traders with limited capital to experienced traders looking for more advanced trading features. Each account type has its own unique features and benefits, such as different minimum deposit requirements, leverage ratios, and spreads, allowing traders to choose the one that suits them best. The Micro account is ideal for novice traders with a limited budget, while the Advantage account is suitable for experienced traders who require advanced trading tools and a competitive trading environment. The Advantage Plus account is designed for professional traders who require high-volume trading and personalized support from a dedicated account manager.

account-types
Pros Cons
Micro account has low initial deposit Micro account has higher spreads compared to other types
Advantage account has low spreads Advantage account has a higher minimum deposit
Advantage Plus account offers lower commissions Advantage Plus account has the highest minimum deposit

Demo Accounts

FXTM offers demo accounts for all its account types, including Micro, Advantage, and Advantage Plus. These demo accounts allow traders to test their trading strategies in a risk-free environment using virtual funds. Demo accounts are also useful for new traders who want to learn how to trade before committing real money to live trading. With FXTM's demo accounts, traders can access all the trading tools and features available in the live trading platform. The demo accounts are also available in multiple languages, making it accessible for traders from different countries. However, it's important to note that demo trading doesn't completely simulate the emotional and psychological aspects of real trading, which could affect a trader's performance in the live markets.

demo-account
demo-account

How to Open an Account?

  • To open an account with FXTM, you first need to visit their website and click on the “OPEN ACCOUNT” button on the top right-hand corner of the page.

open-account
  • This will take you to the account registration page where you will need to fill out some basic personal information like your name, email address, and phone number.

open-account
  • Next, you will be asked to choose the type of account you want to open. FXTM offers three main account types - Micro, Advantage, and Advantage Plus, each with its own features and benefits. You will also need to select the base currency of your account and agree to the terms and conditions of the broker.

  • Once you have selected your account type and base currency, you will be prompted to provide some additional personal information like your date of birth, occupation, and address. You will also need to answer a few questions about your trading experience and investment goals.

  • After you have completed the registration process, you will need to verify your account by providing some additional documents like a copy of your ID or passport and a proof of address like a utility bill or bank statement.

  • Finally, once your account is verified, you can then make your first deposit and start trading.

Leverage

FXTM offers leverage of up to 1:2000, depending on the account type and trading instrument. The highest leverage is available for forex trading on the FXTM Pro account, while the other account types offer leverage up to 1:30 for EU traders and up to 1:2000 for non-EU traders. It's important to note that while high leverage can increase potential profits, it also increases the risk of losses. Therefore, it's recommended to use leverage wisely and only trade with funds you can afford to lose. FXTM also offers negative balance protection, which ensures that traders can not lose more than their account balance. This feature can provide additional peace of mind when trading with high leverage.

leverage

Spreads & Commissions (Trading Fees)

The spreads and commissions vary depending on the account type. For the Micro account, the spreads start from 1.5 pips, and no commission is charged. For the Advantage account, the spreads start from 1.1 pips, and a commission of $2 is charged per lot. For the Advantage Plus account, the spreads start from 0.0 pips, and a commission of $4 is charged per lot. It's important to note that the spreads are floating and may widen during periods of high market volatility.

The spreads offered by FXTM are typically lower than those offered by many other brokers in the industry, particularly on the Advantage and Advantage Plus accounts. The Micro account, however, has slightly higher spreads, which is to be expected due to the smaller minimum deposit requirement.

spread-commission

Here we have created a comparison table of the average spreads and commissions offered by FXTM and some other popular forex brokers such as IC Markets, Exness, and FP Markets:

Broker EUR/USD Spread Commission Minimum Deposit
FXTM (Micro) 1.5 pips No commission $10
FXTM (Advantage) 0.5 pips No commission $100
FXTM (Advantage Plus) 0.1 pips No commission $500
IC Markets (Raw Spread) 0.1 pips $7 round turn $200
Exness (Raw Spread) 0.3 pips No commission $1
FP Markets (Raw Spread) 0.0 pips $7 round turn $100

Non-Trading Fees

Apart from trading fees, FXTM charges some non-trading fees that traders should also consider before choosing this broker. Some of the non-trading fees charged by FXTM include inactivity fee, withdrawal fee, deposit fee, and overnight fee. The inactivity fee is charged when a trader does not perform any trading activity on their account for a period of 6 months. The fee charged is $5 per month. Withdrawal fees vary depending on the method used, with bank transfers attracting a higher fee compared to e-wallets. Deposit fees are not charged for most methods, but a 2.5% fee is charged when depositing via Neteller. Overnight fees are charged when a position is held open overnight, and they vary depending on the instrument being traded

Here is a table showing the comparison of non-trading fees charged by FXTM and some other popular forex brokers:

Broker Inactivity Fee Deposit Fee Withdrawal Fee
FXTM $5/month after 6 months of inactivity Free Fees may occur
Avatrade $50/quarter after 3 months of inactivity Free Fees may occur
IC Markets $0 Free Fees may occur
Exness $0 Free Fees may occur
FP Markets $0 Free Fees may occur

Trading Platform

FXTM offers a range of trading platforms, including the popular MetaTrader 4 and 5 platforms, as well as their proprietary trading platform called FXTM Trader. The MetaTrader 4 and 5 platforms are known for their ease of use, comprehensive charting tools, and customizability, while FXTM Trader offers advanced features such as price alerts, multiple chart types, and a news feed.

One of the main advantages of using MetaTrader 4 and 5 is the vast community of traders who have developed and shared custom indicators and trading strategies, making it easy to find and use powerful tools that can help improve your trading performance.

Another advantage of FXTM's trading platforms is their compatibility with a range of devices, including desktop, mobile, and web-based platforms, making it easy to trade on the go or from any device.

trading-platform

Here's a table comparing the trading platforms offered by FXTM, IC Markets, Avatrade, and Exness

Broker Platform Types Desktop Web-Based Mobile
FXTM MT4, MT5, FXTM Trader
IC Markets MT4, MT5, cTrader
Avatrade MT4, AvaTradeGO, WebTrader
Exness MT4, MT5

Deposit & Withdrawal

FXTM offers a variety of deposit and withdrawal options for its clients. Traders can deposit funds into their trading account using credit/debit cards, bank wire transfers, e-wallets, and other online payment methods. The minimum deposit amount varies depending on the account type selected by the trader.

For credit/debit card deposits, FXTM accepts Visa, Mastercard, and Maestro. There are no deposit fees for credit/debit card transactions, and funds are usually credited to the trading account instantly.

Bank wire transfers are also available as a deposit option. This method takes longer to process compared to other deposit methods and may incur charges from the bank. The minimum deposit amount for bank wire transfers varies depending on the currency selected, and it may take up to five business days for funds to appear in the trading account.

E-wallets such as Skrill, Neteller, and WebMoney are also accepted by FXTM. Deposits made through e-wallets are usually credited to the trading account instantly and are free of charge. The minimum deposit amount for e-wallet transactions varies depending on the selected e-wallet.

Withdrawals can be made using the same methods as deposits, with the exception of Mastercard. Withdrawals made through credit/debit cards may take up to three business days, while withdrawals made through e-wallets are usually processed within 24 hours. Bank wire transfers may take up to five business days for the funds to be credited to the trader's bank account.

FXTM may charge withdrawal fees for some methods. Traders are advised to check the fees and processing times associated with each method before making a deposit or withdrawal.

deposit-withdrawal
Pros Cons
Multiple deposit and withdrawal methods Some withdrawal methods may have higher fees
No deposit fees Minimum withdrawal amounts may be higher than other brokers
Fast deposit and withdrawal processing times Some deposit methods may not be available in certain regions
Supports various currencies for transactions

Customer Support

FXTM is known for providing excellent customer support to its clients. The broker offers various channels for clients to contact their support team, including live chat, email, and phone support. The customer support team is available 24/5 and is multilingual, which means clients can communicate with them in their preferred language.

FXTM also provides an extensive FAQ section on their website that covers various topics, such as account opening, deposit and withdrawal methods, trading platforms, and more. This section is helpful for clients who prefer to find answers to their questions without contacting the support team.

Pros Cons
Live chat support available No 24/7 customer support
Fast response times No phone support for some countries
Knowledgeable and helpful staff Limited educational resources for clients
Various support channels available
A FAQs section

Educational Resources

FXTM offers various educational resources to its clients to enhance their trading skills and knowledge. These resources include webinars, seminars, articles, e-books, educational videos, and more.

Webinars and seminars are live sessions conducted by market experts and analysts who provide insights and analysis on market trends and trading strategies. The sessions cover a wide range of topics, including technical and fundamental analysis, risk management, and trading psychology. The webinars and seminars are interactive, allowing clients to ask questions and get feedback from experts.

FXTM also provides a wide range of educational articles and e-books that cover a variety of trading topics. These resources are available to all clients, regardless of their account type, and can be accessed on the FXTM website.

In addition to these resources, FXTM offers educational videos that cover various aspects of trading, including market analysis, trading strategies, and risk management. These videos are designed to be engaging and informative, making them a useful tool for traders at all levels of experience.

Pros Cons
Wide range of educational resources available Some resources may be outdated or not relevant
Multiple formats available (webinars, articles, etc.) Limited in-depth educational resources
Demo account available for practice trading Educational resources may not be suitable for all levels of traders
Educational resources available in multiple languages Some resources may require a subscription or additional fees

Conclusion

FXTM is a well-regulated and respected forex broker with a wide range of market instruments, competitive trading conditions, and user-friendly trading platforms. They offer various account types with reasonable minimum deposits and leverage options. FXTM's customer support is also responsive and helpful, while their educational resources can be useful for both novice and experienced traders.

However, there are also some potential drawbacks to consider. FXTM's non-trading fees, such as withdrawal fees, can be high, and their spreads can be wider than some of their competitors. Additionally, some traders may find their educational resources lacking in depth or variety.

FAQs

  • Q: Is FXTM regulated?

    A: Yes, FXTM is regulated by top-tier financial authorities such as the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC).

  • Q: What trading instruments are available on FXTM?

    A: FXTM offers a range of trading instruments including forex, spot metals, CFD commodities, stock CFDs, and CFDs on indices.

  • Q: What types of trading accounts are available on FXTM?

    A: FXTM offers three main types of trading accounts: the Micro account, Advantage account, and Advantage Plus account.

  • Q: What is the minimum deposit required to open an account on FXTM?

    A: The minimum deposit required for each account type on FXTM is as follows: Micro account - $10, Advantage account - $100, and Advantage Plus account - $500.

  • Q: What trading platforms are available on FXTM?

    A: FXTM offers a range of trading platforms including the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

  • Q: What are the deposit and withdrawal options on FXTM?

    A: FXTM offers a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and more.

  • Q: What are the deposit and withdrawal options on FXTM?

    A: FXTM offers a variety of deposit and withdrawal options including bank transfers, credit/debit cards, and e-wallets such as Skrill, Neteller, and more.

fxtrading-com
FXTRADING.com Review Summary in 10 Aspects
Founded 2014
Headquarters Sydney, Australia
Regulation ASIC
Market Instruments Forex, Crypto, CFDs, Share CFDs, Commodities, Spot Metals, Energies, Indices
Demo Account Available
Leverage 500:1
EUR/USD Spread From 0.1 pips
Trading Platforms MT4, IRESS
Minimum deposit $200
Customer Support 24/5 live chat, phone, email

What is FXTRADING.com?

FXTRADING.com is an online brokerage firm that offers trading services for various financial instruments such as forex, cryptocurrencies, shares, commodities, spot metals, energies, and indices. The company was established in 2014 and is headquartered in Sydney, Australia. FXTRADING.com is regulated by the Australian Securities and Investments Commission (ASIC). The broker provides its clients with a range of trading platforms including MetaTrader4 (MT4) and IRESS, and offers several trading tools and educational resources. FXTRADING.com also has a 24/5 customer support team that can be reached via phone, email, and live chat.

FXTRADING.com's website

Pros & Cons

FXTRADING.com has a lot of advantages, including a wide range of trading instruments, reliable trading platforms, and a variety of trading tools and educational resources. The broker also offers several account types to cater to different trading needs, and its customer support team is available 24/5 to assist clients.

However, there are some disadvantages to consider, such as high minimum deposit requirements for some account types.

Pros Cons
• Regulated by ASIC • No 24/7 customer support
• Wide range of trading instruments • Clients from the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand are not accepted
• Multiple trading platforms and tools available • High minimum deposits for IRESS account types
• Comprehensive education resources
• Variety of payment methods

Please note that the above table is not exhaustive and may not include all the pros and cons of FXTRADING.com.

Regulatory Status

FXTRADING.com is a regulated and licensed broker, authorized by Australia Securities & Investment Commission (ASIC), and as such, it is considered a legitimate broker to trade with. However, as with any investment, there are always risks involved, and traders should be aware of these risks before investing their money.

How are you protected?

Protection Method Description
Regulation ASIC
Segregated Accounts Client money is kept separate from the broker's own operating funds, which helps to protect clients' funds in the event of the broker's insolvency
SSL Encryption To protect clients' personal and financial information from unauthorized access or theft
Two-Factor Authentication As an extra layer of security for clients' accounts, which helps to prevent unauthorized access to accounts even if a client's login credentials are compromised
Negative Balance Protection Clients' accounts cannot go into negative balance, ensuring that clients will not be responsible for any losses beyond their account balance
KYC/AML Procedures To verify clients' identities and prevent money laundering or other illegal activities, which helps to ensure the integrity of the trading platform and protect clients' funds

Note that this table is not exhaustive and there may be other protections or security measures in place at FXTRADING.com.

Our Conclusion on FXTRADING.com Reliability:

Based on the provided information on FXTRADING.com, the broker seems to prioritize its clients' safety and security by implementing various measures such as regulation by top-tier authorities, account segregation, negative balance protection, and SSL encryption. Overall, FXTRADING.com appears to be a reliable broker for traders.

However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.

Market Instruments

FXTRADING.com offers a diverse range of trading instruments for their clients, covering over 10,000 instruments. These instruments include Forex, Crypto CFDs, Share CFDs, Commodities, Spot Metals, Energies, and Indices. Clients have access to a variety of popular trading pairs in the forex market, as well as a selection of cryptocurrencies and share CFDs from leading global companies.

Additionally, they offer various spot metals such as gold and silver, as well as energies like crude oil and natural gas, and indices from around the world. This variety of instruments allows clients to diversify their trading portfolio and take advantage of different market opportunities.

asset classes

Accounts

Demo Account: FXTRADING.com provides a demo account that allows you to try out the financial markets without the risk of losing money.

MT4 Live Account: FXTRADING.com offers a total of 2 account types: Standard and Pro. The minimum deposit to open an account is $200 and $500 respectively. If you are still a beginner and don't want to invest too much money in Forex trading, a Standard account will be the most suitable option for you. However, we should also realize that too little capital not only reduces losses, but also reduces profitability. Therefore, you may find it “unexciting” or unprofitable. In addition, accounts with smaller initial deposits tend to have poorer trading conditions.

MT4 Account Types

IRESS Live Account: On the TRESS trading platform, FXTRADING.com offers three different accounts types, namely Silver, Gold, and Platinum, with minimum deposit requirements of $10,000 AUD, $50,000 AUD, and $100,000 AUD respectively. For the Silver and Gold accounts, there is a platform fee of $60 AUD, while no platform fee on the Platinum account.

IRESS Accounts

Leverage

FXTRADING.com offers a maximum leverage of up to 1:500, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Spreads & Commissions

The spreads and commissions depend on accounts and instruments. For clients on the Standard account, they can have variable spreads from 1 pip and there is no commission, while for clients on the Pro account, they can enjoy raw spreads from 0 pips but have to pay a commission of $3.5 per lot.

Below is a comparison table about spreads and commissions charged by different brokers:

Broker EUR/USD Spread Commission
FXTRADING.com 1 pip No
Admiral Markets 0.5 pips No
Pepperstone 0.16 pips AUD 3.5/lot
Tickmill 0.0 pips USD 2/lot

Note: Spreads can vary depending on market conditions and volatility.

Trading Platforms

FXTRADING.com offers a range of trading platforms to suit the needs of its clients. One of the most popular platforms is the MetaTrader4 (MT4) platform, which is available for PC, Mac, iOS, Android and WebTrader. MT4 is a user-friendly platform that comes with advanced charting tools, technical indicators, and automated trading options.

MT4

In addition to MT4, FXTRADING.com also offers IRESS ViewPoint and IRESS Mobile, which are more advanced platforms designed for professional traders. These platforms come with additional features such as advanced order types, news and research, and real-time market data.

IRESS

Overall, FXTRADING.com's trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:

Broker Trading Platform
FXTRADING.com MT4
Admiral Markets MT4, MT5, WebTrader
Pepperstone MT4, MT5, cTrader
Tickmill MT4, MT5, WebTrader

Trading Tools

FXTRADING.com provides its clients with a wide range of trading tools to enhance their trading experience. These tools include FXT Navigator, which allows traders to view market data and analyze it through a customizable interface. Trading Central offers daily technical analysis and market insights, while the Economic Calendar provides traders with the latest economic news and announcements that can impact the financial markets. Market Sentiment offers a view on how other traders are positioned on various instruments, while API Trading and VPS are advanced tools designed for more experienced traders who use algorithmic trading strategies and need reliable and fast connectivity. Overall, these trading tools can help traders make more informed trading decisions and improve their overall performance in the financial markets.

Deposits & Withdrawals

In terms of deposit and withdrawal, like many good brokers, FXTRADING.com provides a detailed form with important information about currency, payment method, minimum amount, arrival date, fees, etc. Deposits include PayPal, VISA, MasterCard, Neteller, UnionPay, Local Internet Banking, POLi, International Bank Wire Transfer and Local Bank Transfer.

Deposits
Deposits

FXTRADING.com minimum deposit vs other brokers

FXTRADING.com Most other
Minimum Deposit $200 $100

The minimum deposit requirement is $200 to open an account. Most deposits are instant and no fees are charged.

By contrast, Clients can withdraw with PayPal, VISA, MasterCard, Neteller, International Bank Wire Transfer, UnionPay and Local Bank Transfer. Please note that withdrawal processing times may vary depending on the selected method and any applicable fees or restrictions may apply. Most withdrawals can be processed in 24 hours without any fees.

Withdrawals
Withdrawals
 Withdrawals

FXTRADING.com Money Withdrawal

To withdraw funds from FXTRADING.com, you can follow these steps:

Step 1: Log in to your account on the FXTRADING.com website.

Step 2: Click on the “Withdrawal” button in the “My Account” section.

Step 3: Select the account you want to withdraw funds from and choose the withdrawal method.

Step 4: Enter the amount you wish to withdraw and follow the on-screen instructions to complete the process.

Fees

FXTRADING.com does not charge any deposit and withdrawal fees, but there may be additional fees charged by banks or other intermediaries involved in the transfer of funds.

There is an inactivity fee of $10 per month after 6 consecutive months of inactivity. This fee will be charged to any account with no trading activity for more than 6 months. However, it's important to note that this fee is subject to change and may vary depending on the type of account and the jurisdiction of the client.

See the fee comparison table below:

Broker Deposit Fees Withdrawal Fees Inactivity Fees
FXTRADING.com No No $10/month after 6 consecutive months of inactivity
Admiral Markets No No (except for bank transfers) No
Pepperstone No No $20/month after 12 months
Tickmill No (except for bank transfers) $2 for credit/debit cards, 1% for other methods $5/month after 6 months

Note: Fees may vary depending on account type and payment method. Please refer to each broker's website for the latest information.

Customer Service

FXTRADING.com offers customer support 24/5 via email, phone, and live chat. It supports both English and Chinese. Their website also includes a FAQ section with answers to commonly asked questions. You can also follow them on some social networks including Facebook, Twitter, LinkedIn, Instagram and Twitter.

Customer Service
Customer Service
working hours
FAQ
social media

Overall, FXTRADING.com's customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• Offers multilingual support 24/5 • Limited availability during weekends and public holidays
• Live chat support available on the website
• Quick response time to email inquiries
• Knowledgeable and helpful customer service representatives

Note: These pros and cons are subjective and may vary depending on the individual's experience with FXTRADING.com's customer service.

Educational Resources

FXTRADING.com offers a range of educational resources to help traders improve their knowledge and skills. The Market News section provides the latest updates on market events and trends, while the FXT Analysis section offers expert analysis and commentary. The Trading Insight section contains a variety of educational materials, including trading strategies and tutorials on technical and fundamental analysis. The FXT Navigator Guide is a comprehensive guide for traders on how to use the platform's features and tools. Additionally, FXTRADING.com offers webinars hosted by industry experts, providing traders with the opportunity to learn directly from experienced professionals.

Conclusion

In conclusion, FXTRADING.com is a well-regulated broker offering a wide range of trading instruments, powerful trading platforms, and comprehensive trading tools and resources. The broker's low spreads, flexible leverage options, and multiple account types cater to traders of all levels. The customer support team is professional and responsive, and the educational resources are valuable for beginner and experienced traders alike. While there are some fees associated with trading, overall, FXTRADING.com provides a competitive and reliable trading environment.

Frequently Asked Questions (FAQs)

Question 1: Is FXTRADING.com regulated?
Answer 1: Yes. It is regulated by ASIC.
Question 2: At FXTRADING.com, are there any regional restrictions for traders?
Answer 2: Yes. Restricted Countries: the USA, Ontario Province inside Canada, North Korea, Iran and New Zealand.
Question 3: Does FXTRADING.com offer demo accounts?
Answer 3: Yes.
Question 4: Does FXTRADING.com offer the industry-standard MT4 & MT5?
Answer 4: Yes. It supports MT4 and IRESS.
Question 5: What is the minimum deposit for FXTRADING.com?
Answer 5: The minimum initial deposit to open an account is $200.
Question 6: Is FXTRADING.com a good broker for beginners?
Answer 6: Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Are the transaction costs and expenses of fxtm, fxtrading-com lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive fxtm and fxtrading-com are, we first considered common fees for standard accounts. On fxtm, the average spread for the EUR/USD currency pair is From 1.5 pips, while on fxtrading-com the spread is from 0.0.

Which broker between fxtm, fxtrading-com is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

fxtm is regulated by CYSEC,FCA,FSC,FSCA. fxtrading-com is regulated by ASIC,ASIC,VFSC.

Which broker between fxtm, fxtrading-com provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

fxtm provides trading platform including ADVANTAGE PLUS,ADVANTAGE and trading variety including FX Metals Commodities Indices FX indices Stock baskets Stock CFDs (only MT5) Stocks (only MT5). fxtrading-com provides trading platform including Pro,Standard and trading variety including Forex, metals, energies, commodities, cryptos & indices.

Select Country/Region
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com