FXTM Review

I have been using Fxtm of and on since 2016 . I have not had a single issue since then. In the past ,the withdrawal may not come that day but the next day and its included that the trading cabinet that local withdrawal is 24 hours,so that is not an issue ,,but now the withdrawal is instant!

Its truly an ECN broker. Many do complain often about the spread.
The secret is if you wish to target 50 pips,make it 40 pips, so the spread issue is dealt with that way! And yes ECN brokers do take commission cos they are giving you a direct access to world markets. I will rather have a good broker that I know how to handle their spread issue and commission than work with a fraudulent broker.
So yes , Fxtm is one of the best. I also have other brokers I work with, but Fxtm is more reliable. I trust Fxtm. They are among the top 5 for me.

My experience was excellent. Withdrawals and deposits are done in less than a minute
Excellent customer service, quick response
The ECN account is excellent and the spread is almost negligible
Simple, easy to use, uncomplicated website
I had a good experience with it and I expect that I will continue with this forever, especially the feature of copying deals is one of the most beautiful features

This people are gang of criminals. My only word for traders is: STAY AWAY!
This people are thieves and they're not hiding that fact. They manipulate your trades to make sure you lose, they charge you for any single day you did not trade, you can NEVER withdraw money from fxtm platform.
JUST STAY AWAY!!!

I don't know why there is so many bad comment about FXTM,to my own experience,FXTM is a good broker.I did not read any review about FXTM in forexpeace army before I opened a live account with them,but I read the negative reviews about FXTM,I was so afraid.So I decided to trial them and make a withdrawal on the 28th of January 2022 to see if they will process my withdrawal,the told me that my account must be fully verified,Which i did,they also told me that I should bring my bank statement,it should contain my name and account number to see if am the real owner of the money that I want to withdraw,which I also did.Today 31th of January,I received alert from GTB that FXTM has sent me my money.
Please and please,since I've been trading with FXTM,they have never intervered with my trade,the trade that I place,is what i see,their customer care service is excellent,there server excellent.Just follow there instructions and don't do other wise,you will enjoy there services....pls don't listen to all the negative reviews you read about them,most of this people don't know what forex is all about,when the loose,the look for who to blame....No body paid me a dime to post this review,I live closer to Alaba international market ojo local government area of Lagos State.FXTM are good and reliable broker please feel free to do business with them...

Ive been with ForexTime for a long time, and all that time no progress. As a Nigerian i will advice all Nigerian never to use this broker as they will regret it and loose all their money. They close your trades high above your stop loss mark and then offer stupid excuses when you complain. Their spread is never reliable as they can use it against you when you least expect it. No matter how hard you complain and contact them you will never get any justice. STAY AWAY FROM THEM. IF you are in profit take it and run. only pain and regret will accompany you when you use this broker. I even had to write Cyprus securities and exchange commission to complain about their unethical practices. Waiting to see how this will end as i will have all my trades ever done on thier platform investiagted

I just want to report this and for every one to see how prompt FXTM is as regards support.
I made a payment to fund my account Yesterday, 10/11/2021. Up till now, I haven't seen it reflect in my account.

Its shocking that no one has called, no mail has been sent up till now.

Guys shine your eyes before you trade with all these brokers

The issue I brought here of my #45000 that I deposited have been credited to my trading account now thanks

Sep 30, 2021 - 1 Star I deposited to fxtm bank account and they denying me of my fund which I deposited to their gtbank account with amount of #45000 and the receipt of the deposit has been sent to them, and they refused to fund my trading account, please trader beware of this fxtm company, don't fall a victim.

Reply by ForexTime (FXTM) submitted Oct 1, 2021 Hello!We are kindly asking, please send your MyFXTM account number to our email address support@fxtm.com. We will check this information and promptly reply.

Review Moderation Team Note: This reviewer did provide an account number. While you are logged in as a company representative, you should be able to view it.

Fxtm is the worst of all the brokers I have come across. It's not even one month but a lot of false promises and issues.

1) I couldn't use the FxTm mobile app with a live account. Demo works fine, I don't know why? Contacted customer care chat 15 days ago. Instead of understanding what the problem is, they keep on saying: restart the phone, uninstall and reinstall the app, enter the login id and password correctly, send the screenshots. Seriously? Don't you know that without a correct id and password I can't even login to the app. Finally after 1 hour of chat and doing useless things, chat person said that they are contacting the relevant department (I don't know what that department is) and they will get back to me. But they never show up. So, I started a chat again after a couple of days.. you know what? Same thing... restart the phone, uninstall and reinstall the app... blablablaaa. Again the same answer, our relevant department will get back to you.

2) Finally I have written an email and the reply was again... we will get back to you. It's more than 15 days now.

3) They started charging me swap-free everyday for open positions. I didn't know my account was a swap-free. So, I logged in to the portal and tried to disable the option. It will say "Success", but still show that option in Green. I tried more than 100 times.

I again contacted customer care chat and informed about this. They started like this:- Go to you portal, select the account, click on the swap-free bla bla blaa. Seriously? I was saying that I have already tried that. And they asked me to send the screen shots, which is their template response. I sent and the same template reply again.. our relevant department will get back to you.

And they keep charging my account with some $10 everyday per lot, for their issues.

4) Again I have written an email.. stating the issue that I am unable to disable the swap-free option, I have also asked them the status on the issue with mobile app. Asked them for a refund of charged too that were applied because of this issue.

I was shocked to see the reply. They bluntly said that they don't refund and keep on charging even after I asked 100 times to disable the swap-free. Finally they said they have sent this to the 'relevant' department and they will disable the option. BUT still it is not disabled. And they will keep on charging the fee and I have to pay?????

In that reply, regarding the mobile app, their answer was: Please let us know what's the issue with mobile app???????? WOW! Again started from the beginning.

I am vexed seriously and I am going to close my account with FxTm after withdrawing everything left in the account. I thought of adding more funds if I am satisfied with the services. But now a big NO.

They are here to loot your accounts, that's all. I will go back to my old broker. They are far better!

First I place a buy trade order but they rather sold it. Secondly the four hour candle traded on did not appear or was not active on the chart. Thirdly there was manipulation on price, other brokers open with gap prior to news release yesterday but fxtm did not. Lastly fxtm stoped me out of trade without my concernt and with my active margin. Therefore I want them charge to return back my money soonest. I have proves both videos and photo images which are readily available for your further reference.

I open an account the deposit took almost 2 seconds using credit card

when I tried to withdraw
they asked me for
1- national ID card photos
2- credit cart photos
3- bill or tax photos

which takes time to be processed

and time to be verified

and time to be accepted

and time to be refund


until now i could not withdraw !! 400$ in their website and they take charges for each day if I am not trading