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eTORO Review

eTORO Review

eToro is a large brokerage company founded in 2006 maintaining headquarters in British Virginia Islands. eToro is a Market Maker Forex Broker offering CFD trading, Commodities, and Energy Trading. eToro is famous for its advanced copy-trading platform OpenBook. eToro OpenBook has been connecting financial traders from around the world for many years now. The OpenBook platform connects today more than 1.5 million traders. The home page of the platform offers a live trading feed. This feed allows traders to see transactions live as they are happening on the OpenBook Trading platform, but also to monitor rankings and social trading features.

  • eToro is the perfect choice for Forex Traders that seek Social Trading and Copy-Trading Features

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XM.com Short Review

XM.com Short Review

XM is a CFDs provider offering more than 1000 financial instruments that can be traded on the MT4/MT5 platforms. These assets include Forex currencies, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs, and Cryptocurrencies CFDs.

The XM Group (at the time of the review)

  • XM Group (Trading Point of Financial Instruments Ltd) was established in 2009 and is regulated by the Cyprus Securities and Exchange Commission (CySEC 120/10),

  • Trading Point of Financial Instruments Pty Ltd was established in 2015 and is regulated by the Australian Securities and Investments Commission (ASIC 443670)

  • XM Global Limited was established in 2017 and is regulated by the International Financial Services Commission (IFSC/60/354/TS/19)

 

FXTM Review

FXTM Review

FXTM is an ECN/CFD broker based in Cyprus. The FXTM group consists of 3 brands and offers a wide variety of trading options and features such as ECN trading, automated trading, scalping, many account types and funding methods. The broker offers the MT4 and MT5 platforms in three different versions (Web, Desktop, and Mobile).

◙ FXTM REVIEW

This is the full FXTM review analysis.

FXTM BASIC FACTS & NOTES

FXTM.com review

FXTM.com TRADING INFO

◘ FXTM Asset Index

■ FXTM offer 50+ Forex Currency pairs, 10 Stock Indices, Shares, Energies, and Precious Metals The wide asset index is one of the key advantages when trading with FXTM.

◘ FXTM Typical Spreads / Trading Commissions

FXTM charge trading commissions $2.0 per lot (ECN Accounts)

■ EURUSD spread is 0.5 pip

■ GBPUSD spread is 0.7 pip

■ USDJPY spread is 0.7 pip

The lowest spreads are offered in the ECN Pro account. The ECN account offers EURUSD at minimum 0.5 pip and the standard account minimum EURUSD spread at 1.6 pip

◘ FXTM Maximum Leverage

■ FXTM offers Leverage up to 30:1 FXTM offers Flexible Leverage (based on your country of residence and knowledge & experience)

 

Lot Size

■ The minimum lot size is 0.01 The FXTM Cent Account is very useful for beginners

◘ Automated Trading / Scalping

■ Automated Trading is allowed by FXTM, -YES-

■ Scalping is also fully allowed by FXTM

You can use automated trading, scalping, and hedging when trading with FXTM

◘ FXTM Platforms

■ FXTM offers: MetaTrader-4, MetaTrader-4 There are MT4 and MT5 in three different versions (Web, Desktop, and Mobile)

◘ FXTM Typical Slippage (EURUSD)

■ FXTM Slippage is measured under 1.00 pip

In general, low-slippage on order execution (higher slippage may occur during high market volatility)

◘ FXTM Mobile Trading

■ FXTM offers a mobile app for all popular devices.

MT4 and MT5 mobile traders for Android and Apple iOs. Specially optimized mobile app for iPad devices.
The Company

FXTM.com COMPANY INFO

◘ FXTM Foundation

■ FXTM was founded in 2011 The FXTM brand belongs to ForexTime Limited

◘ FXTM Headquarters

■ FXTM headquarters are in Cyprus FXTM is based in Cyprus and maintains also offices in the UK and Mauritius.

◘ FXTM Regulation

■ FXTM is regulated by CySEC, FSC and FCA (UK)

FXTM is regulated by three different government bodies:

■ CySEC Cyprus (License 185/12)

■ FCA UK (License 777911)

■ FSC Mauritius (License C113012295)

FXTM Accounts

FXTM.com ACCOUNT INFO

 

FXTM Account Currencies

EURO | GBP | USD Open an account in Euro, US Dollar, and British Pound Sterling

◘ FXTM Deposit Money

CARDS | BANK WIRE | INTERNET WALETS

Credit/Debit Cards, Bank Wire, Bitcoin (via Skrill), Skrill, Neteller, Western Union, and other methods are available for funding a new FXTM account

(depending on the FXTM entity and on the Clients Country of Residence)

◘ FXTM Withdraw Money

CARDS | BANK WIRE | INTERNET WALETS The same methods to withdraw funds

◘ US Residents

■ FXTM forbids US Residents as Clients -NO-

Traders coming from the US can't trade with FXTM

◘ FXTM Minimum Deposit

■ Minimum Deposit at FXTM is 10 USD

$10 minimum account requirements for the CENT account type, which is ideal for Forex beginners:

■ $10 for Cent Account

■ $100 for Standard Account

■ $500 for ECN Account

■ $25,000 for ECN Pro Account

◘ FXTM Promotions

■ FXTM offers a loyalty discount program

FXTM loyalty program which works with five levels

(available only to traders categorized as Professional Clients while T&Cs apply)

 

Professional Forex Trading Signals.. without the price !

FXTM.COM Review

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Basics of a Forex Trading Account

Choosing Forex BrokersStart Trading in the Foreign Exchange Market

 

Choosing the right Forex broker is extremely important. There are five key factors that every trader should know before opening a Forex trading account:

(1) Suitability of a trading account

(2) Cost of Trading

(3) Margin Policy & Rollover Rates

(4) Execution Efficiency

(5) Safety of Trading Funds & Compensation in case of insolvency

In the following analysis, each of the above 5 factors is divided into several sub-factors.

Subcategories

Review Fx Brokers and find information about their available accounts and trading terms.