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FXTM Account types

 

About Forextime Singapore

Forextime has participated in various events and conferences since the year it was founded. Due to this brand managed to become a partner and sponsor of several professional sports teams. Since 2013, the team has been actively working to meet the high level of customer service. It has helped the team to win several international awards. Among them:

  • "Best FX Broker of 2016".

  • "Forex Brand of the Year 2018".

  • "Best Customer Service 2017."

  • "Best Affiliate Program 2015" and others.

In 2017, the broker officially confirmed that the number of active registered accounts from individuals was 500 thousand. At the time of writing this review by Forextime, this figure exceeded the threshold of 600 thousand.

Account Types of the Forextime1

 

Since 2015, the Forex dealer logo is published on the sports uniform and cars of the race team "Formula 1" Sahara Force India, as well as on the T-shirts of tennis champion Dominika Tsibulkova. As you know, in addition to sponsorship activities, the team takes part in charity projects, which is not once mentioned in the Western or media. 

Over 2 million people worldwide have chosen a global leader in online financial trading & investment.

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Account Types of FXTM Singapore 2020

There are two main account types in Forextime Singapore: Standard and ECN accounts. These are the account structure of FXTM in all its jurisdictions. However, countries, where FXTM has a local branch, may have slight differences. 

Standard account

There are Standard, Cent and Shares account types within the Standard account. What is each of them related to?

  • Standard sub-account comes with limited floating spreads, adjustable leverage until 1:30, hedging option and swap-free account version.

  • The Cent account has an additional feature that allows you to trade cent lots (lower than a mini lot). It is the ideal transitional account when moving from a demo to a live account.

  • Shares account is used exclusively for trading CFD equities. It requires no commission, has a swap-free version and allows trading in over 180 stocks. Maximum leverage is 1:10.

  • All Standard accounts are open for trading exclusively on MT4.

ECN account

ECN account subtypes are ECN Zero, FXTM Pro and ECN accounts. Both of them can be traded on MT4 and MT5.

  • The ECN Zero subtype of account is commission-free, has limited floating spreads and provides investment management within the FXTM Invest program.

  • An ECN account is a real ECN account. Each transaction is subject to a 4 USD commission. Spreads start at 0.1 pip (pips). Hedging and scalping are allowed.

  • FXTM Pro is designed for professional traders. Spreads - from 0 pips (pips), with access to deep 1st level liquidity: no commission and no "last-look" price setting.

  • To become a professional trader, you must have one of the following:

  • Trade significant CFD sizes (at least ten lots per quarter for the previous four (4) quarters).

  • The size of the portfolio (including cash and financial instruments) exceeds EUR 500,000.

  • At least one year of professional experience in the financial sector, where knowledge of CFD transactions or services is required.

Account Types of the Forextime2

 

FXTM provides every user a free and unlimited demo account. After filling out the form, the trader must click on "Send PIN". The PIN code is sent to the phone number used during registration to confirm the number.

Refer a friend to earn 50$ each.

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