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About WikiFX




    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!




    Cyprus Securities and Exchange Commission

    Market Making(MM)

    CYSEC Regulated

    Financial Conduct Authority

    Straight Through Processing(STP)

    FCA Regulated

    Financial Sector  Conduct  Authority

    Financial Service Corporate

    FSCA Exceeded


    • Company Name:

      Forextime Ltd
    • Company Abbreviation:

    • Place of registration:

      FXTMUnited Kingdom
    • Regulatory Status:

    • Customer Service Email Address:

    • Customer Service Phone Number:

    • Company summary

      GeneralInformation&RegulationofFXTMFoundedin2011,FXTMisanonlineforexbroker,providingservicesforforeignexchange,indices,commodities,andmorefinancialinstruments.FXTMisregulatedinmultiplejurisdictionsworldwide,withofficesinEurope,theMiddleEast,Africa,Asia,andLatinAmerica,attractingover2millionclientsfromover150countriesworldwide.ExinityLimitedisregulatedbytheMauritiusFinancialServicesCommission,andExinityUKLtdisregulatedbytheFinancialConductAuthority(FCA)intheUK(Reg.No.777911),andForextimeLtdisregulatedbytheCyprusSecuritiesandExchangeCommission(CySEC)(Reg.No.185/12).MarketInstrumentsFXTMoffersover250tradingproductstoinvestorsworldwide,coveringawiderangeofinvestmentinstrumentssuchascurrencypairs,preciousmetals,commodityCFDs,indexCFDs,equitiesCFDs,andmore.MinimumDepositofFXTMTomeetdifferentinvestors'investmentneedsandtradingexperience,FXTMhassetupseveralaccounttypes.ThemainaccounttypesareStandardandECNaccounts.StandardAccountsaresubdividedintoStandardaccounts(withtheminimumdepositof$100/€/£),FXCentaccounts(withtheminimumdepositof$10/€/£),andEquityCFDaccounts(withtheminimumdepositof100USD/EUR/GBP).ECNaccountsaredividedintoECNaccounts(withtheminimumdeposit500USD/EUR/GBP),ECNzerocommissionaccounts(withtheminimumdeposit200USD/EUR/GBP)andFXTMProaccounts(withtheminimumdeposit25,000USD/EUR/GBP).LeverageofFXTMLverageLeveralsodiffersdependingondifferentaccounts.Standardaccountswithfloatingleverageof1:2000,FXCentaccountswiththeleverageof1:1000to1:25(FX),andtheEquityCFDaccountwiththefixedleverage1:10forUSequities,1:3forEuropeanequities,theECNaccountswiththefloatingleverage1:2000,theECNZerocommissionaccount1:2000,andFXTMProaccountwithaflexibleleverage:1:200to1:25.Spreads&CommissionFeesofFXTMMinimumspreadsstartat1.3pipsforStandardaccounts,1.5pipsforForexCentaccounts,and0.1pipsforEquityCFDaccounts.Minimumspreadsstartat0.1pipsforECNaccountswithacommissionof$2perlot(oneside),minimumspreadsstartat1.5pipsforECNzerocommission,and0pipsforFXTMProaccounts.FXTMoffersflexiblerulesforECNMT4accountsofferflexiblerulesforfloatingcommissions.Themorefundsaninvestorhasandthelargertheirtradingvolume,thelowerthecommissiontheypay.PleasenotethatthecommissionformulaforECNMT4is:(Volume*ContractOperation*OpeningPrice)/1,000,000*Commission*2.TradingPlatformAppliedofFXTMFXTMoffersdesktop,Apple,mobile,andtabletversionsoftheindustry-leadingtradingplatformsMetaTrader4andMetaTrader5tomeetawiderangeoftraders'needsandincreasetheirtradingflexibility.Iftradersprefertotradedirectlythroughtheirbrowser,theycanuseMT4andMT5onPCandMacTotrade,WebTrader-nodownloadrequired!Fortraderswithmultipleaccounts,FXTMalsoofferstradersaMultipleAccountManagementSystem(MAM)onMT4foreasymanagementandultimateconvenience.Deposit&WithdrawalofFXTMFXTMoffersitsclientsvariousdepositandwithdrawalmethods,mainlyVISA,MasterCard,Maestrocreditcards,Skrill,Moneybookers,VLOAD,TCPaywallet,NETELLER(VIPclientsonly),PayPal,PerfectMoney,Bitcoin,Internetbanking,localtransfersinIndiaandPakistan,localtransfersinNigeria,nocommissionfordeposits.WithdrawalsviaVISA,MasterCard,MaestroaresubjecttoafeeofUS$3/€2/£2.WithdrawalsviaPayPalaresubjectto2%,withdrawalsviaPerfectMoneyaresubjecttoafeeof0.5%,withdrawalsviaBitcoinaresubjecttoafeeof1%.Thereisnofeeforotherwithdrawalmethods. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.09.21 Risk: 3 Item

    • The number of the complaints received by WikiFX have reached 22 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • The number of this brokers's nagitive field survey reviews has reached 1, 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!

    WikiFX Verification

    Transaction data

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Total Margin

    • Active Trading

    • New User

    • Stop Out Rate

    • Total Profit

    • Total lots

    • Spread Cost

    • Net Deposit

    • Net Withdraw

    Last Updated Time 2021-09


    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-09
    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 :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      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 :

      18512 牌照信息 View Certified Documents Forextime Ltd cysec20200509更新 View Certified Documents Cyprus Forextime Ltd View Certified Documents
    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 :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      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 :

    • Licensed Institution Certified Documents :

      Forextime UK FCA牌照信息截图20200402 View Certified Documents 777911 fca210705 View Certified Documents Forextime UK Limited FCA View Certified Documents FXTM-FCA777911牌照201216 View Certified Documents
    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 :


      Effective Date :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      Expiry Date :

    • Address of Licensed Institution :


      Phone Number of Licensed Institution :

      00357 25558777
    • Licensed Institution Certified Documents :

      FXTM FSCA监管截图1 View Certified Documents FXTM FSCA监管截图2 View Certified Documents

    FXTM · MT4/5

    Identification Result

      FXTM · Website

      Most visited countries/areas

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          FXTM· Genealogy

          FXTM · Clones

          FXTM · Market Analysis

          The data are from WIKI Research    2021.09.21 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          FXTM · Survey×




          Alternate Text

          Data Sources WikiResearch 2021.09.21 Update


          Data Sources WikiResearch 2021.09.21 Update

          FXTM · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by WikiFX Data

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.09.21 Update

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

          FXTM · Company summary

            General Information & Regulation of FXTM

            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 of FXTM

            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).

            Leverage of FXTM

            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 & Commission Fees of FXTM

            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.

            Trading Platform Applied of FXTM

            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 of FXTM

            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.