As a starter in forex trading, it is essential to know the basics of the marketplace before jumping into live trading. An excellent broker offers a demo account, which allows you to practice trading before committing to reside trading. Although studying educational materials can help, it is not just a guarantee of success. Fortunately, FXTM has additional tools that could improve your trading experience. As a plus, the organization also features a stellar reputation for helping customers and making sure that all of their needs are met.
FXTM features a wide selection of trading accounts, that may cater to both novices and experts. MetaTrader is a favorite platform, and offers more technical analysis and timeframes than other brokers. Besides the standard chart analysis, MetaTrader even offers expert advisors and advanced signals to create your trades more successful. Furthermore, it provides an integrated financial calendar. So, if you're a novice in forex trading, this website could be the right choice for you. seriousmarkets.com
Forextime's community is large, and its site is open 24 hours a day. Currently, it boasts 750,000+ active traders. Traders can participate in various opportunities and even win awards for excellence in trading. Moreover, FXTM is active in the community. They sponsor different sports and reveal their latest innovations to the media. This is one more benefit for individuals who are a new comer to the planet of forex.
In terms of security, FXTM uses cloud servers which are attached to the web at all times. This ensures that client information is secure. The business uses a number of advanced security measures to safeguard its users. These generally include firewalls and anti-phishing, which protect your account from hackers. Lastly, it has an Investor Compensation Fund (ICF) fund insurance plan, meaning that your funds will undoubtedly be protected if you lose money.
While FXTM does provide a great array of tools and features, in addition it includes several drawbacks. Like, it charges an inactivity fee after half a year of inactivity. This charge only relates to real money accounts. When you have an account that is not active for 6 months, you will undoubtedly be charged. Nonetheless, this inactivity fee may be worth the tiny price you pay if you want to continue using the platform.
The FXTM website is available across the clock. The London Forex market is open from three am to noon, while the New York Forex market is open from 9am to 5pm. Furthermore, you need to use the trading app and access the markets from anywhere. Additionally, FXTM is licensed by the Cypriot Securities and Exchange Commission, which provides you additional protection against fraudulent companies. Its educational resources are available in a variety of languages and are ideal for both new and experienced traders.
