Finding a broker who fits your requirements when dealing in the capital markets can take a long time.
FXTM offers multi-platform access for all of its accounts, allowing you to trade from your phone, desktop, or tablet. They have offices throughout Nigeria, as well as assistance, instructional workshops, and webinars.
In this fxtm review, we’ll look at how well the platform performs in its capacity as a global numerous financial asset trading system for traders in 2022.
What is FXTM?
FXTM is a multi-asset trader and online global trading platform that was created in 2011.
FXTM has evolved to provide retail traders Forex trading, cryptocurrency trading, commodities trading, stocks trading, commodities trading, ETFs trading, and CFD trading after more than 11 years.
FXTM is not a worldwide broker because it is not permitted to operate in certain key geopolitical areas. The headquarters of FXTM is in London, United Kingdom.
FXTM offers both novice and experienced traders to invest in 59 currency pairings, as well as CFDs on current metals, commodities, and equity CFDs. The best thing is that they have a Naira Account for Nigerian merchants, which allows them to deposit, exchange, and withdraw money in Naira.
Deposit & Withdrawals options:
FXTM allows users to submit funds without paying a fee via bank wire transfer, debit/credit card, Neteller, or Skrill. Whereas bank wire transfers can take up to three working days to complete, the other alternatives require only two hours.
Consumers can withdraw funds using the same techniques, but certain options charge withdrawal fees while others do not. Commission-free withdrawals are available through Neteller and Skrill. Withdrawing money with a debit/credit card costs 2 EUR, 3 USD, or 2 GBP in charges.
Withdrawals can be made immediately from the user portal feature of My FXTM.
Mobile Trading Platforms:
FXTM users can trade on the go utilizing the MetaTrader mobile trading software, as well as the broker’s proprietary FXTM Trader app, both of which are accessible for Android and iOS smartphones. The apps are downloadable from the broker’s site, the client portal, or the appropriate Apple App Store or Google Play Store.
The FXTM mobile trading app comes with a number of useful functions, such as:
- All of your trading accounts are accessible from a single location.
- On the go, trade over 250+ financial CFD instruments.
- Trading between desktop and mobile devices.
- Check live pricing updates and genuine prices.
- You can use a number of order functions.
- Charts and tools for analysis are available.
FXTM Payment Methods:
FXTM, like most other reputable forex brokers, provides traders with a variety of payment alternatives. The transaction fees charged by FXTM are determined by the method used to make the withdrawal.
These differ depending on the account category, although they are similar for the majority of accounts. Credit/debit cards, e-wallets, bank transfers, and other localized payment options are among the most prevalent ways of payment.
In summary, we believe FXTM is a solid platform to learn forex trading and suggest it to traders of all types and levels.