It seemed legit and user friendly in the beginning, but it seems that the FXTM system is manipulated to take trader's money as soon as the trader starts making commission. This is what happened to me: I deposited $ 69, i was trading spot gold and spot silver, they gave me good profit, as soon as i closed the positions, i dicided to check my balance, i couldn't believe what I saw, the sytem placed a position on my behalf with all my money and closed the position quickly duie to stop out. This is hard to believe but this FXTM seems to be a scam.
A cheating company. I deposited $20 and asked them to give back, they rejected. Then recently said every month will deduct $5 from this $20 due to no trading. And still reject to give back my money.
FXTM is a cheating company. I just open account and put in $20, my friends told me that company has quite higher slippery, and also very procrastinate in dealing with the custom requirement. I then ask them to give back my money, I don't want to trade this company again. I've never trade so the money is there. Again and again, they deny by various reason. I really confirm what my friend's word, they rejected to give back my money, and bounced back my email. This is a scam company.
Fxtm is very good ecn broker. using this broker more than one year. Deposit and withdrawal is free. very low spread. Support team is very helpful specially Mr. Alokesh Bhattyacharya.
Since i have been started the dealing with FXTM is the Good
I am one of the clients who got scammed right in front of my eyes. I used to trade with FXTM back in 2013, and since then they had flopped so hard to the point there is no return. First, they introduced investor scheme which in fact is a scam. Second, their spreads are ridiculous on both ECN and non ECN account. Third, their commission and withdrawal fees are one way/method to stop you from withdrawing your earnest profits fully. This broker is surely one *** up broker.
They are scammers who flood the internet with fake reviews from people who claim to be happy with their service when they really just want you to put your money in then take every cent of it. I deposited money so i can trade with them soon as i start trading the spreads suddenly changed when i wanted to move to another broker they refused to let me withdraw my funds
Guys, I feel sorry for all you people rated this broker as best. pls understand and calculate your profit in points. then u will understand the scam behind the scene.
I've participated in several FXTM's weekly webinars and want to say that they are quite interesting and useful. I've gathered a lot of helpful from them.
This is the best broker I've been with so far. Fast and easy withdrawals and deposits on accounts.
Join FXTM and get frustrated. They put Moneynet on their website as a bank wire deposit method. After I deposited then they remove it and put Armswissbank and then tell me moneynet is no longer available. And now i lost my money because they dont even respond to my emails. On their live chat you keep getting someone who will tell you we will check and then they are gone...the next day they ask you the questions again and again. Boring.... my acc is 61116318
Excellent company for trading! I can not say anything bad. If you have your hands in proper place, knowledge is enough. You are not a loser and you know how to trade, then this company is right for you. Well, personally, I have never had any problems, I always withdraw everything without any problems. As I was assured in the department of customer support, any problems are solved, all okay.
I like the broker, first of all, the quality of execution of orders. Everything works quickly, without delay, without hanging. Requests are missing. I also have an account with a fixed spread. There, in general, the trade is a song, and if I do not bother that the spread is slightly larger than in other cases, I have not seen a more comfortable company. Although, to trade here, you need to invest more than with other brokers. From 2 thousand dollars, which I think is not small. But then to trade and earn much easier, because of those things about which I wrote in this review.
I sincerely wish to drop this review at least to aid others especially fellow Armenia in their choice of broker, FXTM is no doubt one of the best if not the best, excellent trade execution, transparent, trust worthy and highly reliable, the keep to their word and promise. I really appreciate their the great efforts the put in rendering excellent services and i hope the maintain the high standard. I placed a withdrawal of 4100$ my account was credited as promise and am indeed really proud of FXTM. To all armenia people seeking of a reliable and trust worthy broker fxtm is your top choice and i highly recommend them to everyone.
FXTM is a very good site to obtain trading tools that are difficult to find elsewhere. However, you need to be sure of what you're looking for or using in trading decision process, e.g., subscribed to analytics that was correctly provided for my needs but did not applicable as expected. It's appeared to be difficult to use in particular market situations. Also, trying to get hold of customer service by phone is impossible. They do not list a phone number for these sort of services. I also found lots of negative reviews on fxtm. Don't think they are all based on real experience but in few cases broker refused to take responsibilities for price errors, which lead to stopped out my opened positions.
The site of FXTM has enough information, which helps to get the basic knowledge on the trade. before opening a real account, you should try to get the maximum knowledge. If there are necessary materials on the website of your broker from, it makes your task simpler. In fact I combined theory with practice. Due to this very I acquired all skills very quickly.
FXTM is a reliable company which offers the best of the services to its users.My handling with this site has been absolutely smooth and comfortable. FXTM is undoubtedly excellent,trustworthy and highly reliable. The efforts they put in providing their users the best services is appreciable and i have high hopes with them that they continue to maintain their standard.This site provides sufficient knowledge of trade before having a real time experience.
I have been trading well with Fxtm until one day, i logged off and when I logged in after 20 minutes two of my orders in negative were closed on behalf and I am absolutely sure cause before I logged off my balance was still the same but when I logged in my balance was less which I didn't get, still waiting for my situation to be resolved. Anyone ever experienced this with Fxtm or other brokers?
According to so many comments, FXTM is reliable company. But I have some question regarding withdraw funds and using bonuses capital. In my case, I wasn't able to withdraw bonuses. It took me several days to figure out that money still on my balance. I made a phone call immediately to customer support. Can you guess what they said to me? There is no actually an access to bonus capital until you make specific amount of transaction and generate enough commissions. The problem that the broker promised to allow withdrawing all money from trading account. So it took me 2 weeks to get money back. I closed my account but I wouldn't able to get $300 bucks as bonuses for opening account and extra deposits.
I joined fxtm few years ago and demo traded for 2 days. Live account from 2017, withdrew some money as a test, all went smoothly.
I am not really into trading but my friend told me that it is best to invest doing online trading, i can do it during my free time and no need to start really big but can earn good profit. Not really into it but i gave it a try with this broker. They have ecn brokers and expert broker that is willing to help me and show me updated strategies. I have learned so much from my broker, They have quick customer support, I can reach them be it on chat, phone or email easily. I withdraw my first profit and did not have any problem, easy process. I like how they handle traders and how i earn from this company. Don't just take my words for it, try it and start earning!
I am retired and just at home most of the time, so i needed something to get busy with and earn profit, in short i need to do something to keep me busy. my neighbor told me about this broker. Interesting enough, knowing i can invest and earn profit for a minumum trading amount with this company, so i did! i have upgraded my account already and earning more profit now that i used to do. happy being online and earning at the same time. thankful to this broker.
i have started trading with FXTM after attending their seminar in korea. I am happy with customer support that they are very nice and helpful
I'd been with fxtm for about 1 year. There is no perfect brokers anywhere. I started with standart account and I got good result from them. everything up to now is really smooth and I have no complaints what so ever, spreads widen during big movements but I also read that its really normal with brokers, I consider fxtm a good broker.
I have a triangular EA project, and looking for a broker to forward test my EA. Some of brokers does not fit with this EA, because their spreads are too high. Some of brokers are not allow this technique. only few of them that fit with this EA. And i find that fxtm have better results than the others.
This is my second broker and in general, their service is not bad. It has fast execution and better spread than my previous.
I was looking for a forex broker and a friend of mine recommended me FXTM. I’ve been trading with this forex broker for 2 months now. I had little issues with MT trading platform and they were resolved by FXTM support very quickly. the results as of now are good so far and I would like to say few things about this broker as per my experience. Good stable MT4 platform, even webtrader seems stable. Good responsive support team. The leverage on cent, standart and Ecn accounts are nice you can trade up to 1:1000. Good broker FXTM.
I agree with most of the reviews already written here. I used to have accounts with 3 different brokers and fxtm is one of them. I opened an account with these guys about 2 years ago and back then they only offered a very basic trading platform so I mainly used them for my active trades. However, these guys have been adding more free tools lately that really makes you wonder why keep accounts with other more expensive brokers, I still maintain an account with another broker as a backup but I do most of my trades through 10m. My Pros: Great commissions; Excelent execution; Great Customer service; good for new traders. Overall, this is the perfect broker for me.
Well designed website. Contrary to other brokers, the members area is equally good, and responsive. Many deposit and withdrawal methods, including CC. They've pretty much got all of them covered. Good support from rep. They will try to call you and respond to any questions you have. I was impressed. Email support is reliable, and response time is quite good. Quick execution time.
So far, so good, no problems, been using them since last sept, quick response from customer service and very helpful. For news trade, in general that i found all brokers and platforms does have requotes, so there is nothing new to it. Overall fxtm still my choice of broker.
The FXTM brand was launched in 2011, with a unique vision to provide unparalleled trading conditions and all-encompassing educational tools for clients in the forex industry. In the course of just a few years, FXTM has firmly established itself as a global broker; basing its entire philosophy...
Regulation: CySEC, FCA, IFSCFXTM trading information