3.7 out of 5
No Dealing Desk (NDD) technology
SMS alerts on major market news
Segregation of client funds

FXTM - General Information


Rebate Rates

Instruments

Account Types

Micro

Advantage Plus

Advantage

Currencies (FX)

2 USD per lot 2 USD per lot 10% of commission

Metals

4.5 USD per lot 4.5 USD per lot 10% of commission

Commodities

4.5 USD per lot 4.5 USD per lot 10% of commission

Indices (CFDs)

2 USD per lot 2 USD per lot 10% of commission

Indices (Spot)

4% of spread 4% of spread 10% of commission

Stocks

4% of spread 4% of spread 4% of spread

Payment Options

►Monthly Rebates in FxRebate account ►Monthly Rebates in FxRebate account ►Monthly Rebates in FxRebate account

 

Notes

  1. The Rebates are calculated for one round turn lot (100,000 units) for Currencies, (100 oz) for Gold, (5,000 oz) for Silver, (1,000 bar) for Oil, (100 shares) for Stocks and (one contract) for Indices;
  2. Lot shall mean Standard Lots round turn and shall exclude from the calculation of Volume all transactions opened and closed in less than or equal to 60 seconds;
  3. Over 200 lots traded weekly, FxRebate will pay an extra rebate of 10% of the initial rebate, for that particulary week. Over 500 lots traded weekly, FxRebate will pay an extra rebate of 15% of the initial rebate, for that particulary week. Over 750 lots traded weekly, FxRebate will pay an extra rebate of 20% of the initial rebate, for that particulary week. Over 1,000 lots traded weekly, FxRebate will pay an extra rebate of 25% of the initial rebate, for that particulary week. Over 2,000 lots traded weekly, FxRebate will pay an extra rebate of 30% of the initial rebate, for that particulary week.
  4. Stock trading is not subject to any calculation of rebates or any remuneration or commission;
  5. Remuneration breakdown for the Micro Account shall be “Fixed USD per Lot” x 1/100 USD;
  6. Rates also apply to any Standard trading accounts in MyFXTM that were registered before 30/05/2021;
  7. Rates also apply to any Stock CFDs trading accounts in MyFXTM that were registered before 30/05/2021;
  8. For other trading instruments rebate information please contact us at office@fxrebate.eu.

FXTM Overview

ForexTime (FXTM) is an international online forex broker. The company is the brainchild of Andrey Dashin, a renowned businessman known for his business insight and entrepreneurial mind.

Since FXTM’s inception, the brand has been continually recognised by many of the industry’s most influential award bodies. This is a testament to our commitment to providing exceptional customer service, competitive trading conditions and — above all— an outstanding trading experience.

We are honored by every accolade we receive, while our dedication to our clients and partners grows stronger with every new award.

FXTM Brand is authorised and regulated in various jurisdictions. ForexTime Limited (www.forextime.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. Exinity Limited (www.forextime.com) is regulated by the Financial Services Commission (FSC) of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295. Exinity UK Limited (www.forextime.com/uk) is authorised and regulated by the Financial Conduct Authority, firm reference number 777911. 

Our aim is to offer the best possible services to our clients, who are our prime priority and to whom we are extremely dedicated.


FXTM Details
Company Name Forextime Ltd, Exinity Ltd, Exinity UK Ltd
Country Cyprus
Year Open 2012
Headquarters Cyprus, Mauritius, United Kingdom
Offices China, France, Germany, India, Indonesia, Italy, Malaysia, Nigeria, Poland, South Africa, South Korea, Spain, Thailand, Turkey
Employees 100+
License CySEC 185/12, FSC MU C113012295, FCA UK 777911, FSP 46614
Regulatory Authorities CySEC, FCA UK, FSCA ZA, FSC MU
USA Clients No
Japanese Clients No
European Clients Yes
Canadian Clients No
Restricted Countries Brazil, Canada, Cyprus, Haiti, Hong Kong, Iran, Japan, Mauritius, North Korea, Puerto Rico, Suriname, Switzerland, USA

Regulatory Authority
Agency Cyprus Securities and Exchange Commission
Short Name CySEC (MiFID)
Country Cyprus
Min Capitalization EUR 730,000
Government Enforced Segregated Accounts Yes
Description

The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.

CySEC is to exercise effective supervision to ensure investor protection and the appropriate development of the securities market.

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Agency Financial Conduct Authority UK
Short Name FCA UK
Country United Kingdom
Min Capitalization GBP 730,000
Government Enforced Segregated Accounts Yes
Description

FCA regulates the financial services industry in the UK.

FCA aims to make sure that financial markets work well so that consumers get a fair deal. This means ensuring that, the financial industry is run with integrity, firms provide consumers with appropriate products and services, and consumers can trust that firms have their best interests at heart.

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Agency Financial Services Board of South Africa
Short Name FSCA ZA
Country South Africa
Min Capitalization N/A
Government Enforced Segregated Accounts Yes
Description

The FSB is an independent institution, established by statute to oversee the South African non-banking financial services industry in the public interest, and fully funded by fees and levies imposed on this industry.

After more than 20 years of regulating the non-banking sector of South Africa’s financial services industry, the FSB has established itself as a reputable authority in this field, locally and internationally. Over the years, it has contributed to the stability of this industry while meeting its mandate of protecting consumers of financial products and services.

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Agency Financial Services Commission Mauritius
Short Name FSC Mauritius
Country Mauritius
Min Capitalization MUR 600,000
Government Enforced Segregated Accounts Yes
Description

FSC is the integrated regulator for the financial services sector (other than banking) and global business. The FSC licences ‘Investment Dealers’, not forex brokers.

Strong regulation and supervision are essential to ensure stability in the financial system. FSC's objective is to position Mauritius as a jurisdiction of substance with the right balance between regulation and business development.

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Account Options

Account Types Micro, Advantage, Advantage Plus
Min Deposit 10 USD
Max Leverage 30:1 for clients under CY and UK jurisdictions, 1000:1 for clients under MU and SA jurisdictions, 1000:1 for Professional
Min Trade Size 0.01 Lots
Max Trade Size 100 Lots
Spreads FXTM Spreads
Spread Types Fixed spreads, Variable spreads
FX Pricing Decimals 5
Commission FXTM Commission
Rollover (Swaps) FXTM Rollover (swaps)
Stop Out Level 40% for Micro accounts, 50% for Advantage and Advantage Plus acc
VPS (Virtual Private Server) Yes

Trading Options
Execution Options STP/ECN
Instruments Forex, Metals, Commodities, Indices, Stocks
OCO Orders No
Trailing Stops Yes
One Click Trading Yes
Scalping Allowed Yes
Hedging Allowed Yes
News Trading Allowed Yes
Expert Advisors Allowed Yes
Islamic Accounts Yes
Copy Trading No

Platforms Supported

Trading Platforms MT4, MT4 WebTrader, MT4 Mobile, MT5, MT5 WebTrader, MT5 Mobile, FXTM Trader
Mobile Support MT4 Android, MT5 Android, MT4 iOS (iPhone/iPad), MT5 iOS (iPhone/iPad), FXTM Trader Android, FXTM Trader iOS (iPhone/iPad)
Trading API No
Managed Accounts Featured No
MAMM/PAMM Platform Option Yes
MAMM/PAMM Leaderboard No
Trading Platform Time UTC + 03:00
Observe DST Change Yes
DST Change Timezone Eastern European Time (EET)
Non-expiring Demo Yes

Funding Information

Deposit Methods Bank Wire, Credit/Debit Card, Skrill, Neteller, QIWI, Yandex Money, Western Union, China Union Pay, Bitcoin
Withdrawal Methods Bank Wire, Credit/Debit Card, Skrill, Neteller, QIWI, Yandex Money, China Union Pay, Bitcoin
Broker to Broker Transfer Yes
Account Currency EUR, USD, GBP
Client Funds Bank Barclays Bank, Rietumnu Banka, PPF Banka, Promsvyaz Bank
Interest Bearing Accounts No
Government Enforced Segregated Accounts Yes


alicecarter

2022-06-01 07:43:25

Really good broker and recommended by the personal experience.

jacleong

2024-02-26 23:23:18

Not a good broker. They gave empty promise and delayed my withdrawal for the agreeable timeframe.

Operations volume based cashback

Basically in this type, you’ll receive cashback based on your operations volume. Based on this, you’ll generate commission to your provider. Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn (save) money consistently, when you pay commissions to your provider.

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FXTM Customer Service

 Languages: English, French, German, Italian, Spanish

 Email, Phone, Live Chat, Skype

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