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    Regulated

    FXTM

    FXTM

    United Kingdom
    5-10 years Regulated in Cyprus Market Making(MM) MT4/5 full license Regional Brokers
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    Score
    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    10
    License 7.80
    Risk Manag 0.00
    Software Index 9.04
    Business 7.85
    Regulatory 7.77
    Company Abbreviation

    FXTM

    Registered region

    FXTM United Kingdom

    Company Name

    Forextime Ltd

    Company address

    Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius

    Website https://www.forextime.com https://www.futuojituan-intl.com/zh/register/open-account-v3 https://www.forextime.com https://www.forextime.com https://www.forextime.com https://www.forextime.com https://www.forextime.com/ https://www.forextime.com https://www.forextime.com https://www.cn-forextime.com/zh https://www.forextimechina.com.cn https://www.fxtmchina.com/zh

    https://www.forextime.com

    https://www.futuojituan-intl.com/zh/register/open-account-v3

    https://www.forextime.com

    https://www.forextime.com

    https://www.forextime.com

    https://www.forextime.com

    https://www.forextime.com/

    https://www.forextime.com

    https://www.forextime.com

    https://www.cn-forextime.com/zh

    https://www.forextimechina.com.cn

    https://www.fxtmchina.com/zh

    Cyprus Securities and Exchange Commission
    CYSEC Regulated

    Market Making(MM)

    Financial Conduct Authority
    FCA Regulated

    Straight Through Processing(STP)

    Financial Sector  Conduct  Authority
    FSCA Exceeded

    Financial Service Corporate

    Trading Information

    Benchmark AAA
    Maximum Leverage --
    Minimum Deposit $500
    Minimum spread --
    Products FX FX Indices Metals Commodities Indices Stock Baskets Stocks (MT5 only) Stock CFDs (MT5 only)
    Minimum position --
    Currency --
    Cryptocurrency --
    EA supported EA supported
    Depositing Method --
    Withdrawal Method --
    Commission --

    Broker Information

    Customer Service Phone Number

    400-006-0069

    Customer Service Email Address

    support@fxtm.com

    Company summary More
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    WikiFX Risk Alerts
    2
    2022.01.19
    The number of the complaints received by WikiFX have reached 32 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    This broker exceeds the business scope regulated by South Africa FSCA(license number: 46614)National Futures Association-UNFX Non-Forex License, please be aware of the risk!
    EA VPS Plus

    7-day free for non FXTM broker accountsPermanent free for FXTM broker real accounts

    Dual-core processor

    100%

    2GRam

    100%

    60GHarddisk

    50%
    For free
    open now

    Benchmark

    Trading environment rating source: real trading data of 116,934 WikiFX VPS users

    AAA
    Average transaction speed(Millisecond)
    Statistics on the time taken from the submission of an order to its execution by the server among orders. The smaller the value the better for the investor.
    381.9
    The fastest transaction speed(Millisecond)
    Statistics on the minimum time taken from order submission to server execution among orders.
    31
    Average disconnection frequency(Times/day)
    The average number of automatic disconnections of the trading software per day. The smaller the value, the more stable the trading server is.
    0.3
    Average reconnection time(Millisecond)
    The average time for the trading software to reconnect automatically if disconnection occurs. Smaller value indicates faster reconnection
    1009
    Average trading slippage
    The difference between the requested price of a trade and the price at which the trade is executed.Negative slippage is beneficial to the investor, positive slippage is the opposite.
    -2
    Maximum transaction slippage
    Counting the maximum slippage in an order
    29
    Average transaction cost
    Statistics on the sum of the average spread and commission cost for 1 lot of mainstream currency trading. The smaller the value the better for the investor.
    EURUSD 13.62USD/lot
    XAUUSD 31.29USD/lot
    Average Rollover Cost
    Statistics on the average rollover cost for 1 lot of mainstream currency trading (rollover fees for long orders, rollover fees for short orders). The investor's cost is lower
    EURUSD Long: -6.8USD/lot Short: -0.26USD/lot
    XAUUSD Long: -12.28USD/lot Short: -5.68USD/lot
    Unable to withdraw cannot withdraw
    Be Aware ! especially for asian people. you cannot depo using bank transfer and fxtm force you to use visa/master debit/credit card. When you try to wd, your payment option will not available, and they ask for bank statement that include your car with transaction to fxtm which will not available if you use visa debit. STAY AWAY FROM THIS BROKER !!
    Mauritz BG

    2021/12/24 0:03:24

    Unable to withdraw Unable to withdraw
    Do not trust this platform http://www.fxtmvip.com/. You cannot withdraw from them
    🐶 雅惠🐶

    2021/12/7 16:16:27

    Unable to withdraw Internet scam of
    Friends on the Internet suggested this fraud platform and led you to deposit. But you could not withdraw and the account was deleted by them.
    Eugene Wang

    2021/10/25 12:21:57

    Unable to withdraw Unable to withdraw on
    I withdrew but was told that I had to pay taxes, handling fee and hedge fund. I paid it but they did not receive. It was completely a fraud platform.
    Eugene Wang

    2021/10/25 11:36:29

    Unable to withdraw FXTM rejected withdrawal and asked for taxes, handling fee and additional fees
    I withdrew on October 5 and paid taxes on October 12 and handling fee on October 15. But it still asked for another fee on October 18 and did not approve the withdrawal. Please help.
    Eugene Wang

    2021/10/19 11:51:37

    Unable to withdraw It asked for handling fee and taxes before withdrawal. Then it rejected withdrawal, please help me.
    I applied for withdrawal on October 5 but had to pay taxes. I paid it on October 12 but it asked for commission and service fee on October 15. On October 18, it told me that they did not receive the commission and service fee, and required for another payment. Was it a scam?
    Eugene Wang

    2021/10/18 10:59:24

    Unable to withdraw unable to withdraw funds
    I have been trying to withdraw from this an d it's not withdrawing
    FXBRBdgq2970

    2021/9/24 10:05:21

    Others Scam
    I deposited $1000 on July 22, 2021 but lost all of it on August 30. It promised 35% profits but later blocked me. It was a scam.
    FXDNKtgv7134

    2021/9/24 6:59:01

    WikiFX Data

    WikiResearch

    Subscribe to FXTM VPS now
    • Total Margin
    • Active Trade
    • New User
    • Stop Out
    • Total Profit
    • Total lots
    • Spread Cost
    • Net Deposit
    • Net Withdraw
    No data
    FXTM · MT4/5
    Identification Result MT4/5 full license
    The formal brokers with MT4/5 full license offer complete system service and follow-up technical support. In general, their businesses and techniques are relatively mature and the risk management abilities are much stronger.
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    FXTM · Identify the website

    Most visited countries/areas

    Mexico Germany Afghanistan Taiwan Hong Kong China
    forextime.com
    Server Location
    Netherlands
    Most visited countries/areas
    Mexico
    Website Domain Name
    forextime.com
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    176.97.156.36
    Website
    --
    Company
    --
    forextimechina.com
    Server Location
    Hong Kong
    Most visited countries/areas
    Taiwan
    Website Domain Name
    forextimechina.com
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    103.242.72.62
    Website
    --
    Company
    --
    fxtmchina.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    fxtmchina.com
    ICP registration
    --
    Domain Effective Date
    2012-09-21
    Server IP
    75.126.33.156
    Website
    --
    Company
    --
    forextimekr.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    forextimekr.com
    ICP registration
    --
    Domain Effective Date
    2016-10-07
    Server IP
    104.16.111.86
    Website
    --
    Company
    --
    futuo-group.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuo-group.com
    ICP registration
    --
    Domain Effective Date
    2020-07-21
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    forextimeidn.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    forextimeidn.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    104.16.198.52
    Website
    --
    Company
    --
    cn-forextime.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    cn-forextime.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.66
    Website
    --
    Company
    --
    futuojituan.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuojituan.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    futuo-jituan.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuo-jituan.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    futuo-asia.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuo-asia.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    futuo-global.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuo-global.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    futuo-guoji.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuo-guoji.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    futuo-intl.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuo-intl.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.251
    Website
    --
    Company
    --
    futuojituan-intl.com
    Server Location
    Hong Kong
    Most visited countries/areas
    --
    Website Domain Name
    futuojituan-intl.com
    ICP registration
    --
    Domain Effective Date
    --
    Server IP
    103.242.72.205
    Website
    --
    Company
    --

    FXTM

    Free CompensationMore details

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    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      Forextime Ltd

      Effective Date :

      2012-12-13
    • Email Address of Licensed Institution :

      compliance@forextime.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.forextime.com/eu,www.forextimechina.com/eu/zh

      Expiry Date :

      --
    • Address of Licensed Institution :

      35, Lamprou Konstantara Street, FXTM Tower, Kato Polemidia, CY-4156 Limassol

      Phone Number of Licensed Institution :

      +357 25 558 777
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Exinity UK Ltd

      Effective Date :

      2018-02-01
    • Email Address of Licensed Institution :

      info@forextime.co.uk

      License Type:

      No Sharing
    • Website of Licensed Institution :

      https://www.forextime.com/uk

      Expiry Date :

      --
    • Address of Licensed Institution :

      1 St. Katharine's Way London E1W 1UNE 1 W 1 U N UNITED KINGDOM

      Phone Number of Licensed Institution :

      442035141251
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3 Annex4
    Financial Sector  Conduct  Authority

    Financial Sector Conduct Authority (FSCA)

    The Financial Sector Conduct Authority (FSCA) is the market conduct regulator of financial institutions, that provide financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures. The FSCA is responsible for market conduct regulation and supervision. FSCA aims to enhance and support the efficiency and integrity of financial markets and to protect financial customers by promoting their fair treatment by financial institutions, as well as providing financial customers with financial education. The FSCA will further assist in maintaining financial stability.

    • Licensed Institution :

      FOREXTIME LTD

      Effective Date :

      2016-07-05
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      FXTM TOWER 35 LAMPROU KONSTANTARA, KATO POLEMIDIA LIMASSOL, CYPRUS

      Phone Number of Licensed Institution :

      00357 25558777
    • Licensed Institution Certified Documents :

      Annex1 Annex2

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    FXTM

    1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

    1.pngWikiFX will not disclose your personal information to third parties.

    1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

    1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

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    為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    FXTM
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    FXTM · Company summary

      General Information & Regulation

      Founded in 2011, FXTM is an online forex broker, providing services for foreign exchange, indices, commodities, and more financial instruments. FXTM is regulated in multiple jurisdictions worldwide, with offices in Europe, the Middle East, Africa, Asia, and Latin America, attracting over 2 million clients from over 150 countries worldwide. Exinity Limited is regulated by the Mauritius Financial Services Commission, and Exinity UK Ltd is regulated by the Financial Conduct Authority (FCA) in the UK (Reg. No. 777911), and Forextime Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) (Reg. No. 185/12).

      Market Instruments

      FXTM offers over 250 trading products to investors worldwide, covering a wide range of investment instruments such as currency pairs, precious metals, commodity CFDs, index CFDs, equities CFDs, and more.

      Minimum Deposit

      To meet different investors' investment needs and trading experience, FXTM has set up several account types. The main account types are Standard and ECN accounts. Standard Accounts are subdivided into Standard accounts (with the minimum deposit of $100/€/£), FX Cent accounts ( with the minimum deposit of $10/€/£), and Equity CFD accounts (with the minimum deposit of 100 USD/EUR/GBP). ECN accounts are divided into ECN accounts (with the minimum deposit 500 USD/EUR/GBP), ECN zero commission accounts (with the minimum deposit 200 USD/EUR/GBP) and FXTM Pro accounts (with the minimum deposit 25, 000 USD/EUR/GBP).

      FXTM Leverage

      Lverage Lever also differs depending on different accounts. Standard accounts with floating leverage of 1:2000, FX Cent accounts with the leverage of 1:1000 to 1:25 (FX), and the Equity CFD account with the fixed leverage 1:10 for US equities, 1:3 for European equities, the ECN accounts with the floating leverage 1:2000, the ECN Zero commission account 1:2000, and FXTM Pro account with a flexible leverage: 1:200 to 1:25.

      Spreads & Commissions

      Minimum spreads start at 1.3 pips for Standard accounts, 1.5 pips for Forex Cent accounts, and 0.1 pips for Equity CFD accounts. Minimum spreads start at 0.1 pips for ECN accounts with a commission of $2 per lot (one side), minimum spreads start at 1.5 pips for ECN zero commission, and 0 pips for FXTM Pro accounts. FXTM offers flexible rules for ECN MT4 accounts offer flexible rules for floating commissions. The more funds an investor has and the larger their trading volume, the lower the commission they pay. Please note that the commission formula for ECN MT4 is: (Volume * Contract Operation * Opening Price) / 1,000,000 * Commission * 2.

       FXTM Trading Platform

      FXTM offers desktop, Apple, mobile, and tablet versions of the industry-leading trading platforms MetaTrader 4 and MetaTrader 5 to meet a wide range of traders' needs and increase their trading flexibility. If traders prefer to trade directly through their browser, they can use MT4 and MT5 on PC and Mac To trade, WebTrader - no download required! For traders with multiple accounts, FXTM also offers traders a Multiple Account Management System (MAM) on MT4 for easy management and ultimate convenience.

      Deposit & Withdrawal

      FXTM offers its clients various deposit and withdrawal methods, mainly VISA, MasterCard, Maestro credit cards, Skrill, Moneybookers, VLOAD, TC Pay wallet, NETELLER (VIP clients only), PayPal, Perfect Money, Bitcoin, Internet banking, local transfers in India and Pakistan, local transfers in Nigeria, no commission for deposits. Withdrawals via VISA, MasterCard, Maestro are subject to a fee of US$3/€2/£2. Withdrawals via PayPal are subject to 2%, withdrawals via Perfect Money are subject to a fee of 0.5%, withdrawals via Bitcoin are subject to a fee of 1%. There is no fee for other withdrawal methods.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.