About FXTM company
Regulation
Last year, ForexTime received full CySEC regulation. Andrey Dashin, a shareholder of Alpari, is the founder of the company. He is considerably experienced in running extensive forex operations in various regulatory jurisdictions.
ForexTime is governed by MiFID and licensed by CySEC. CySEC provides a lot of regulation and minimum limits laid out in the EU’s MiFID directives. This means that FXTM clients should feel safe with the idea that they have a basic regulation benchmark. ForexTime provides high-quality CFD and forex trading services, and they must be considered seriously by traders interested in a brokerage regulated by the MiFID.
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ForexTime provides trading and investment services in forex, precious metals, CFDs on commodity futures, share CFDs, and ETF CFDs.
Mr. Andrey Dashin established the company. He is also the pioneer of the brand Alpari. With over 15 years of international finance experience, the new venture consolidates Dashin’s reputation as a business entrepreneur in the global finance segment. It arises out of his ambition to become instrumental in setting high standards in forex trading within the constantly changing international market scenario.
According to the founder, he has had the ambition to be a changer of the forex game, and ForexTime has made that happen. FXTM is set to change the forex industry since he, along with his team, has the commitment and experience required to take the industry to the next level. The late global shortfall has opened up unique propositions in the forex industry. With FXTM, an adaptation is made to an emerging market by the new expectations and demands of the fulfilling traders and investors.
ForexTime Ltd is licensed by CySEC (Cyprus Securities and Exchange Commission) as a CIF or Cyprus Investment Firm. Its license number is 185/12.
Why choose forex broker ForexTime video?
FXTM Basic information :
Regulation: Controlled by CySEC in Cyprus
Instruments: Forex, Spot Metals, CFDs on Stocks, Commodities, and ETFs
Features: Support various kinds of trading platforms, and many instruments are present for trading purposes
Leverage: As much as 1:1000 on certain accounts
Minimum Deposit: There is no minimum deposit for an account.
FXTM Platforms
ForexTime supports different kinds of trading platforms, with the MetaTrader 4 platform being available too. You will also find the MetaTrader 5. Both these platforms are traders’ favorites all over the world. There are also various tablet and mobile platforms that offer the MetaTrader 4 & MetaTrader 5 versions for traders with Apple or Android devices.
Olga Rybalkina is CEO of Forex Time LTD (FXTM)
With Apple and Android controlling most of the market for smartphones, most traders should be successful trading on the go. The only drawback of FXTM is that there is no Web-based platform. This means traders cannot use their computers for trading unless they have the MetaTrader installed.
FXTM Special Characteristics
You have various instruments that you can trade with. Although there is a dominant forex bias, other instruments are also available. You have a wide selection of commodities to trade with. These include gold, silver, and many other commodities CFDs. Interestingly though, ForexTime provides various kinds of shares and ETFs to trade Contracts for Difference. The ETFs presently provide some unique trading choices.
FXTM Spreads
Several spreads are available at ForexTime. At times, you might not be able to create a demo or real account due to some technical glitches with their open account form. Although FXTM provides standard as well as ECN accounts, there will be a lot of competitive floating and fixed spreads out here.
FXTM Customer Service
Being relatively new in the field, it is tough to comment on the company’s customer services. Established by a popular figure in the trading industry, it is highly transparent when it concerns getting in touch with them. The service staff is accessible Monday to Friday between 8 am and 8 pm through live chat. With the growth in their customer base, it is hoped that their chat support and duration will increase. There are also several contact numbers provided for getting in touch with the company’s various wings. It seems that FXTM will provide sound customer service since the founder has thorough experience in providing forex solutions over the counter.
FXTM PAMM
The PAMM stands for Portfolio Asset Management Mechanism Program by FXTM or Forex Time. It is an important portfolio management service that is developed by the company. It enables skilled traders to develop trading strategies for the PMD of the Portfolio Management Department of the FXTM and acquire compensation for successful techniques.
FXTM works by leveraging the knowledge of the industry and delivers developed technological capabilities with their PAMM program. It makes the most of forex trading as a separate class of assets within the client’s overall portfolio. The PMD offers an invitation to skillful traders with unique trading approaches in the market for affiliating with the PAMM program from Forex Time (FXTM).
A talented trader can prove their forex trading skills now if they become FXTM Strategy Providers. Forex Time PMD reviews the traders’ trading history to decide if they meet the required criteria. Once it is agreed with the traders, the PMD can use the traders’ strategies on the PAMM program. The PMD identifies these strategies that can be suitably used for the portfolio and rate them in tune with the different risk categories available in each portfolio.
Reasons for Subscribing to the Strategy Provider Program of the FXTM PAMM
It is a major development in the forex world. The first in the league, you can showcase your capabilities and be a part of forex history.
If you have a good strategy, you can be assured that the PMD will choose more funds to assign to your trading strategy. The PMD wants to put their funds under management for working towards expanding their existing customer base.
Gain rewards for your success. Successful strategies are rewarded. If you have a better performance, as in higher ratings and metrics, there are higher chances that the FXTM PMD can use your methods for providing higher strategy fees.
Reduced registration fees for entering the program, beginning at a minimum of $/€100.
The method also involves a lot of security. Traders may submit various kinds of strategies and be assured that being a regulated forex broker, there will be complete confidentiality of their strategies.
How to Become a Forex Strategy Provider
Create an MT4 ECN Account and make a $/€100, which is the minimum deposit, and begin with your trading experience.
Your performance will be tracked if you are a client already.
After trading actively for about a month, you may apply to the PMD at FXTM for being approved as an FXTM Strategy Provider.
