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  5. Forextime

Starting from 2010, Forextime offers professional broker services on the Forex market. Starting from day one, the broker has established and used high standards. The company activities are regulated by the reputable financial regulator, the IFSC of Belize. Attractive and profitable trading environment is one of the advantages of Forextime. There are more than 100 trading instruments available. The offered terminals include MetaTrader 4 and MetaTrader 5. The reviews note that Forextime is a suitable platform for newbies, considering the intuitive interface and considerable knowledge base

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  • Fouded

    2011

  • Min deposit

    10$

  • Min withdrawal

    10$

  • Withdrawal fee

    Credit cards 3$, wire transfer 30$

  • Inactivity fee

    $5 per month after 6 months of inactivity

  • Min bet

    0.01 lots

  • Max. leverage

    1:1000

  • Withdrawal of funds

    1-5 working days

  • Asset type

    Forex, CFDs, Crypto, Stock, Commodities

  • Regulated

    FCA, CySEC, FSC

  • Deposit with credit card

    Visa, Mastercard, Maestro

  • Depositing with electronic wallet

    Neteller, Skrill, CryptoForex, Western Union Quick Pay, Alfa-Click, Yandex.Money, QIWI, VLOAD, WebMoney, Perfectmoney, Fasapay, TC Payment, GlobePay, Ngangluong, DixiPay, DusuPay, CashU, Konnexone, Online Banking Malaysia

  • Withdrawal

    Bank Wire, VISA, MasterCard, ePayments, FasaPay, Neteller, PaySec, Poli, Qiwi, Skrill, UnionPay, WebMoney, Yandex.money, VLOAD, Crypto, Deutsche Handelsbank transfer, Konnexona, Online Banking Malaysi

  • Avalaible plamform

    MT4, MT5 WebTrader, Mobile Trader, IOS, Android

  • Company registration

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

  • Availability

    FXTM accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait

  • Contacts

    support@fxtm.com

    +44 20 3734 1025

Pros

  • Founded in Cyprus and known worldwide as one of the best Forex Brokers

    Regulated by the Cyprus and several Forex authorities

    Numerous industry awards

    Low Deposit Requirement

    Tight Spreads

    Availability to trade with interbank variable spread plus commission

Cons

  • Withdrawal fee

    High Stocks trading Spread

    Standard spread is high compared to other brokers

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