Whether you are new to Forex trading or you have been doing it for years, it is important to choose a broker that has the right tools and features for you. A good broker will provide free market reports, analytical tools, and demo accounts. If you have a demo account, you can trade without putting any money into it.
MetaTrader 4 and MetaTrader 5 platforms
Regarding trading, MetaTrader platforms are widely used among forex brokers, and the FXTM platform is available for both MT4 and MT5. Both platforms offer traders access to the major trading instruments and many useful features for beginners and advanced traders. FXTM’s mobile apps also support both platforms and provide various convenient options for mobile trading.
FXTM is an international forex broker that offers a vast range of trading instruments and six different account types. Its MetaTrader platform is both user-friendly and sophisticated and compatible with Android and iOS platforms. The broker also offers managed and PAMM accounts that are great for new and experienced forex traders. Both platforms are easy to use and have tight dealing spreads.
FXTM has offices in both London and Mauritius, which makes it a reliable broker in the Forex industry. As a result, it offers competitive spreads and a variety of trading instruments. The company focuses on US-based CFDs offering over 50 forex pairs, popular cryptocurrencies, commodities, and stock indices.
Zero deposit fees
FXTM is a broker that accepts a wide range of payment methods, including credit and debit cards, bank wires, e-wallets, and localized payment options. The minimum deposit amount varies from account to account, but it’s never more than $50. It also accepts various currencies, so there’s no need to worry about making mistakes. Unlike many other brokers, FXTM also doesn’t charge any deposit fees.
FXTM offers several different accounts, including a free demo account that enables you to test trade without risk. The broker also offers several trading accounts, including FXTM Pro and ECN Zero accounts. You can also open an account with a minimum deposit of $10. It also provides support in 18 languages. You can contact customer support by phone, email, or live chat. Support is available around the clock, so you don’t have to worry about not being able to contact your broker.
Zero deposit fees at FXTM aren’t always easy to find, but you can take the extra step of checking the fees before depositing money. You’ll also want to know the minimum deposit for each account type. For example, the minimum deposit for a Micro account is $10, which is in the middle of the market. You can also open an FXTM Advantage account, which is commission based and charges a commission per trade. While its minimum deposit is higher than most of its competitors, FXTM trading costs are still among the lowest in the industry. This is a significant advantage; most other brokers cannot match it.
Market analysis
FXTM is a popular forex broker that offers a variety of account types and a variety of deposit methods. It also has an impressive market analysis mini-site to help you make informed decisions. The FCA and CySEC regulate it. Its leverage is set according to various measures, including regulatory requirements in the country and region you’re trading.
Its research section features twice-daily trading signals and a comprehensive economic calendar. It also features staff analysis videos and blog posts. It also publishes market forecast reports four times per year. FXTM offers a collection of useful tools, including a pivot point strategy for identifying profitable trades based on market sentiment.
FXTM’s broker market analysis includes various features for traders of all experience levels. It provides an extensive library of educational materials for beginners and experienced traders. In addition, it has an impressive array of indicators, daily market news, and a dedicated account management service to help you gain an edge. It also has a reputation for being one of the most reliable partners in the Forex trading industry.
Demo account
If you’re interested in learning about the forex market, a demo account can be ideal. Demo accounts offer the same features as live accounts and can be used during normal market hours. This will allow you to practice your strategy, and your results will be as close to real trading as possible.
Demo accounts provide many benefits for both new and experienced traders. They allow beginners to practice and improve their trading strategies safely before investing. They also provide experienced traders with a way to test new trading strategies before using them in live trading. Finally, they also give newbies a chance to get a feel for how the broker’s platform works.
FXTM’s demo account offers real-time quotes and simulated portfolios. With this simulated trading platform, you can analyze price action, chart figures, support and resistance lines, and correlations between various currency pairs.