FXTM Cashback Rebates

 

Overall, FXTM offers a Forex cashback on the Micro, Advantage, and Advantage plus Accounts of up to 25% of commissions paid or up to $5 per lot on Forex. However, traders could earn up to 80% back on their trades with partners, according to FXTM.

 

🔎 FXTM Account🥇 Micro🥈 Advantage🥉 Advantage Plus
🅰️ Forex$5 per lot traded25% of commissions paid$5 per lot traded
🅱️ Indices$5 per lot traded25% of commissions paid$5 per lot traded
📈 Precious Metals$5 per lot traded25% of commissions paid$5 per lot traded
📉 SharesN/A10% of the spread10% of the spread
📊 Soft Commodities$5 per lot traded25% of commissions paid$5 per lot traded
📌 Spot Indices10% of commissions paidN/AN/A
📍 Payment FrequencyFXTM pays cashback monthlyFXTM pays cashback monthlyFXTM pays cashback monthly

 

FXTM Cashback Rebates

 

 

FXTM Cashback Rebates – 32 Key Point Quick Overview

 

  1. ✅ FXTM Rebates Summary
  2. ✅ How to Open a Forex Cashback Account with FXTM (via SAShares)
  3. ✅ Number of Traders participating in FXTM Cashback Rebates
  4. ✅ FXTM vs. Notable Other Brokers – Forex Rebate Comparison
  5. ✅ Detailed Summary of FXTM
  6. ✅ Geolocation of Traders
  7. ✅ Advantages that FXTM has over Competitors
  8. ✅ Who will Benefit from Trading with FXTM?
  9. ✅ FXTM Regulation and Safety of Funds
  10. ✅ FXTM Awards and Recognition
  11. ✅ FXTM Account Types and Features
  12. ✅ How to open an Account with FXTM
  13. ✅ FXTM Trading Platforms
  14. ✅ FXTM Investment Programs
  15. ✅ Which Markets Can You Trade with FXTM?
  16. ✅ Financial Instruments and Leverage offered by FXTM
  17. ✅ FXTM Trading and Non-Trading Fees
  18. ✅ FXTM Deposits and Withdrawals
  19. ✅ FXTM Education and Research
  20. ✅ FXTM Bonuses and Current Promotions
  21. ✅ How to open an Affiliate Account with FXTM
  22. ✅ FXTM Customer Support
  23. ✅ FXTM Corporate Social Responsibility
  24. ✅ FXTM Alternatives
  25. ✅ FXTM VPS Review
  26. ✅ FXTM Web Traffic Report
  27. ✅ FXTM vs. Other Notable Brokers
  28. ✅ FXTM Pros and Cons
  29. ✅ FXTM Customer Reviews
  30. ✅ Recommendation for Improving FXTM Cashback Rebates
  31. ✅ Our Verdict on FXTM
  32. ✅ FXTM Frequently Asked Questions

 

 

FXTM Rebates Summary

 

  • ✅ FXTM has an overall rating of 4.6 / 5
  • ✅ FXTM has a Real Customer Rating of 4.5 / 5

 

 

FXTM Cashback Forex Conditions

 

FXTM’s rebates are contingent on traders’ net deposits made within six months of registering for the rebates program.

 

🔎 Level1️⃣ Level 12️⃣ Level 23️⃣ Level 34️⃣ Level 45️⃣ Level 5
📈 Ned Deposit(s)From $1 – $15,000From $15,001 to $30,000From $30,001 to $60,000From $60,001 to $120,000$120,001 and more
📉 Rebate per completed lot traded$2$3$4$5$5
📊 Frequency of rebate transfer to trader accountMondays after lots have been calculatedMondays after lots have been calculatedMondays after lots have been calculatedMondays after lots have been calculatedMondays after lots have been calculated
💴 Maximum Pay-Out$500$1,500$3,000$5,000$10,000
↪️ FXTM Upgrade or DowngradeAutomaticallyAutomaticallyAutomaticallyAutomaticallyAutomatically

 

In addition, the maximum pay-out of any upgraded level includes the Maximum Pay-outs of all levels. Accordingly, under the current Loyalty Terms and Conditions, the Maximum Pay-out or total entitlement cannot exceed $10,000.  After the Confirmed Level Period, the client’s current level will be reviewed, upgraded, or downgraded per the following rules and their Maximum Available Rebate Level.

To maintain their Level, as indicated in the table above, the Client must always comply with the following two rules:

 

Rule 1 – Deposit Rule: The Client must make a deposit equal to or greater than the Minimum Trading Account Activation Deposit during the Confirmed Level Period.

 

  • ✅ Furthermore, it is understood that all deposits made during the Confirmed Level Period will be considered. Deposits will be reflected in the trading account’s currency. At the time of deposit, the currency of the trading account will be recalculated.

 

 

Rule 2 – Trade Rule: During the Confirmed Level Period, the Client is required to execute the specified number of trades:

 

  • ✅ Level 1: 1 < Lots <30
  • ✅ Level 2: 30 < lots <=60
  • ✅ Level 3: 60 < lots <=120
  • ✅ Level 4: 120< lots <=200
  • ✅ Level 5: >200

 

 

In addition, if the Client violates any of the Rules, FXTM will demote them by one (1) level at the end of the period. As a result, the Client’s trading balance and Net Deposit will remain unchanged.

 

FXTM does not pay rebates on the following:

 

  • ✅ Positions are held for less than one minute.
  • ✅ Traders who use the FXTM stocks account for trading.
  • ✅ Accounts that have been registered via CySEC or FSCA.

 

 

FXTM Additional Notes on Cashback Rebates

 

Like most forex rebate brokers, FXTM credits and automatically transfers rebate funds to eligible traders’ accounts on the 12th of each month. Typically, rebates are accumulated between the first and last day of the preceding month.

 

FXTM Rebates Summary

 

How to Open a Forex Cashback Account with FXTM (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with FXTM via SAShares.

 

For New Accounts

 

If you do not have an existing account with FXTM, you can easily obtain a cashback rebate in three easy steps.

 

✅ Step 1:  Visit the FXTM Website

Visit the FXTM website and click “Open New Account.”

 

 

✅ Step 2:  Submit a Trading ID

Submit your Trading ID to us: [SAShares]

 

 

For Example:

 

To: [SAShares]

Subject: New FXTM Rebate Application

 

“Dear SAShares Team,

Please view my FXTM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

 

✅ Step 3:  Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the FXTM system.

 

 

For Existing Accounts

 

If you have an existing FXTM account, you can get a cashback rebate by following these easy steps.

 

 

✅ Step 1:  Contact FXTM via email

Send an email to FXTM: [email protected]

 

 

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

 

“Dear FXTM Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

 

 

✅ Step 2:  Create an Additional Email

Once you receive confirmation of the transfer from FXTM, you can create an additional trading account.

 

 

✅ Step 3:  Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

 

 

For Example:

 

To: [SAShares]

Subject: New FXTM Rebate Application

 

“Dear SAShares Team,

Please view my FXTM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

How to Open a Forex Cashback Account with FXTM (via SAShares)

 

Understanding Forex Trading Rebates: How They Work with FXTM

 

Rebates on forex trading are a form of compensation that traders receive for every trade they execute. This rebate reduces the spread or transaction fee a trader pays on every trade, regardless of whether the trade is successful or unsuccessful.

As an FXTM partner, certain services provide a rebate of 80% of the partner commission, which is paid directly to your trading account or credited to your rebate balance and is withdrawable at any time. This can reduce trading costs and increase traders’ profitability.

 

 

Does FXTM offer rebates on Crypto?

No, FXTM does not offer cryptocurrency CFDs. Therefore, you cannot earn rebates on cryptocurrencies.

 

Which accounts can I use to earn FXTM rebates?

You can use the Micro, Advantage, and Advantage Plus Accounts to earn rebates.

 

 

Number of Traders participating in FXTM Cashback Rebates

 

More than 2 million traders are registered with FXTM. However, it is not known how many of these clients use FXTM’s cashback program.

 

Number of Traders participating in FXTM Cashback Rebates

 

FXTM vs. Notable Other Brokers – Forex Rebate Comparison

 

To view FXTM’s comprehensive Forex Rebate Program, we compared Forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts.

 

🔎 Broker🥇 FXTM🥈 Exness🥉 InstaForex
📈 Forex$5/25% on commissions paidUp to 20% of the spreadUp to 3.47 pips
💡 Energies$5/25% on commissions paidUp to 20% of the spreadUp to $8.67 per lot
🪙 Cryptocurrency$5/25% on commissions paidUp to 20% of the spread$1.04 per lot
💎 Precious Metals$5/25% on commissions paidUp to 20% of the spread17.33 pips Gold/Silver
📉 Indices$5/25% on commissions paidUp to 20% of the spreadUp to $0.35 per lot
📊 Shares$5/25% on commissions paidUp to 20% of the spread1.04 pips
🍎 Soft Commodities$5/25% on commissions paidN/AUp to $8.67 per lot
🚀 FuturesN/AN/AUp to $8.67 per lot
📍 Spot Indices10% commissions paidN/AN/A

 

FXTM vs. Notable Other Brokers – Forex Rebate Comparison

 

Detailed Summary of FXTM

 

🔎 HeadquarteredCyprus
🌎 Global OfficesCyprus, Mauritius, Kenya, Nigeria, India, Indonesia, South Korea, South Africa, United Kingdom
📌 Year Founded2011
📍 RegulationCySEC, FSCA, FCA, CMA, FSC Mauritius
1️⃣ Tier-1 LicensesFinancial Conduct Authority (FCA)
⛔ Regional RestrictionsThe United States, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus, Hong Kong
☪️ Islamic Account☑️ Yes
🆓 Demo Account☑️ Yes
⏰ Non-expiring DemoNone
🕰️ Demo Duration30 days
🔟 Retail Investor Accounts3
📈 PAMM AccountsNone
💧 Liquidity ProvidersTop-Tier global banks, exchanges, and major financial institutions
🤝 Affiliate Program☑️ Yes
📉 Order ExecutionInstant and Market
📊 OCO OrdersNone
🫰🏻 One-Click Trading☑️ Yes
🅰️ Scalping Allowed☑️ Yes
🅱️ Hedging Allowed☑️ Yes
📰 News Trading Allowed☑️ Yes
💻 Expert Advisors (EAs) Allowed☑️ Yes
🖥️ Trading APINone
🧮 Is a cashback Forex Calculator offeredNone
📌 Cashback Forex Lot Size CalculatorNone
📍 Cashback Forex Compounding CalculatorNone
↪️ Starting spread0.0 pips, variable
🔢 Minimum Commission per Trade$0.40 to $2, depending on the trading volume

 

Tips for Choosing FXTM for Forex Trading Rebates / Key Factors to Consider When Evaluating FXTM’s Forex Trading Rebate Program

 

Here are some crucial criteria and ideas to consider while selecting FXTM for Forex trading rebates:

 

  • ✅ FXTM is a recognized broker in the Forex industry. However, reading reviews and comments from other traders is usually a smart idea. This might offer you an idea of the broker’s dependability and service quality.
  • ✅ Investigate FXTM’s rebate program. The rebate rate is a percentage of the transaction cost returned to the customer with each trade, resulting in a reduced spread and better trading conditions.
  • ✅ To participate in a Forex rebate program, you must first link your trading account, whether new or old, to a Forex rebate provider. Check that FXTM supports this connection and that the procedure is simple.
  • ✅ Choosing a program with a track record of timely refund payments is critical. Check FXTM’s payment schedule and method to ensure they meet your requirements.

 

 

Forex rebates should not affect your trading approach. They should be considered a bonus rather than determining how or when you trade. In every financial service, good customer service is crucial. Ascertain that FXTM delivers timely and friendly assistance when you need it.

 

 

Does FXTM offer 24/7 customer support for rebates?

No, customer support for rebates is only available 24 hours a day, 5 days a week.

 

Can I trust FXTM with my funds?

Yes, FXTM is trusted and well-regulated by CySEC, FSCA, CMA, FCA, and FSC.

 

 

Number of Traders participating in FXTM Cashback Rebates / Real-Life Examples:

 

More than 2 million traders are registered with FXTM. While it is unknown how many of these clients use FXTM’s cashback program, we can provide some hypothetical examples of traders using FXTM.

 

Sarah Pena

 

Suppose Sarah is a trader who trades 500 units per week. If the rebate is $2 per lot, Sarah will receive $1,000 the following week (500 lots * $2). This rebate can reduce her trading expenses and boost her overall profitability.

 

Hamish Cisneros

 

Hamish is a more prudent trader who trades no more than 50 weekly units. With the same $2 per lot rebate, Hamish would receive a $100 (50 lots * $2) rebate the following week. Even though Hamish trades less frequently than Alice, the rebate program still reduces his trading costs.

 

Jasper Morse

 

Jasper is a trader who frequently breaks even, balancing each other out with his victories and losses. He trades one hundred units per week.

Even though Jasper did not make a net profit from his transactions, he would still receive a $200 rebate (100 units x $2) the following week. This means that even though his trading did not result in a profit, he can earn money through the rebate program.

 

 

How many of FXTM’s orders are executed?

According to FXTM, 99.90% of orders are executed in less than a second.

 

How much rebates can I earn with FXTM if I trade 10 lots per month on Forex?

If you trade 10 lots in Forex, you could earn up to $50 per month ($5 x 10).

 

 

Successful Traders Benefiting from FXTM’s Rebates – FXTM’s Forex Trading Rebates Empowering Retail Traders for Success

 

The FXTM Forex Trading Rebates program has benefited numerous traders. While specific success tales are unavailable to the public, the program’s features and benefits indicate that it can empower retail traders for success. This is how:

 

  • ✅ Reduced Trading Costs: FXTM rebates are part of the transaction fee paid to the customer on every trade. This results in a smaller spread, which can increase speculators’ success ratio. Especially for high-volume traders, lower trading costs can make a substantial difference.
  • ✅ Increased Profitability: Cashback from rebates can increase the trading industry’s overall profitability. Even if a trader breaks even or makes a modest profit, the additional income from rebates can transform this into a substantial profit.
  • ✅ FXTM is dedicated to offering superior customer service and competitive trading conditions. This commitment includes a rebate program that can enhance the trading experience.
  • ✅ FXTM provides flexibility in the way rebates are paid out. They may be paid weekly through their trading account, wire transfer, Neteller, Skrill, Perfect Money, or PayPal. This enables traders to select the most efficient payment method.

 

 

Unique Programs for Specific Regions. FXTM provides unique rebate programs for traders in specific regions. For instance, forex rebate bonuses for traders are based on the net deposits made within six months of registration.

 

Detailed Summary of FXTM

 

Geolocation of Traders

 

Most of FXTM’s market share is concentrated in these areas:

 

  • ✅ Egypt – 39.18%
  • ✅ Afghanistan – 11.33%
  • ✅ Vietnam – 10.41%
  • ✅ Kenya – 8.80%
  • ✅ Algeria – 7.08%
  • ✅ South Africa – 6.4%
  • ✅ Thailand – 6.03%
  • ✅ Malaysia – 5.92%
  • ✅ Nigeria – 5.49%
  • ✅ India – 4.44%

 

 

FXTM’s Current Expansion Focus

 

  • ✅ FXTM focuses on markets with regulated entities in Europe, Africa, Asia, and the United Kingdom.

 

 

Countries not accepted by FXTM

 

FXTM does not provide service to the following areas:

 

  • ✅ The United States
  • ✅ Canada
  • ✅ Japan
  • ✅ Mauritius
  • ✅ Haiti
  • ✅ Suriname
  • ✅ The Democratic Republic of Korea
  • ✅ Puerto Rico
  • ✅ Brazil
  • ✅ The Occupied Area of Cyprus
  • ✅ Hong Kong

 

 

Popularity among traders who choose FXTM

 

FXTM is one of the world’s top 100 forex and CFD brokers.

 

Advantages that FXTM has over Competitors

 

FXTM has the following advantages over its competitors:

 

  • ☑️ One of FXTM’s notable features is their provision of leverage of up to 1:2000, which is higher than many other brokers offer.
  • ☑️ FXTM offers a range of account types, including Micro, Advantage, and Advantage Plus, each of which offers different trading conditions.
  • ☑️ FXTM provides access to various trading platforms, including MetaTrader 4 and MetaTrader 5, which are popular among traders.
  • ☑️ Auto trading is allowed: FXTM allows clients to use expert advisors (EAs) and other automated trading strategies on their MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. This feature is especially useful for traders who do not have the time or expertise to monitor the markets constantly.
  • ☑️ FXTM prioritizes the safety of clients’ funds by storing them in segregated accounts with top-tier banks. This means that clients’ money is kept separate from the broker’s funds and can’t be used for any other purpose.

 

 

and much, MUCH more!

 

Advantages that FXTM has over Competitors

 

Who will Benefit from Trading with FXTM?

 

FXTM caters to traders of all levels, from beginners to experienced professionals, by offering valuable features and resources to enhance their trading experience. This is largely due to the broker’s extensive collection of educational materials and daily market news and analysis.

As a result, FXTM is an ideal platform for novice traders looking to gain an advantage in the learning curve. Furthermore, FXTM is suitable for experienced traders seeking advanced trading tools, such as the ability to deploy a large array of indicators to their FXTM MT4 or MT5 platforms to match their trading strategy or style.

 

Who will Benefit from Trading with FXTM

 

FXTM Regulation and Safety of Funds

 

FXTM Global Regulations

 

🔎 Registered Entity🌎 Country of Registration💯 Registration Number📍 Regulatory Entity📊 Tier🚩 License Number/Ref
1️⃣ ForexTime LtdCyprusHE310361CySEC2185/12
2️⃣ Exinity Capital East AfricaKenyaPVT-ZQU6JE7CMA2135
3️⃣ Exinity UK LimitedUnited Kingdom10599136FCA1777911
4️⃣ Exinity LimitedMauritiusC119470C1/GBLFSC3C113012295
5️⃣ FOREXTIME LTDSouth AfricaHE310361FSCA2FSP 46614

 

How FXTM Protects Traders and Client Funds

 

🔎 Security Measure➡️ Information
🔒 Segregated Accounts✅ Yes
🔏 Compensation Fund MemberFinancial Commission
🔐 Compensation Amount€20,000
🔓 SSL Certificate✅ Yes
🔒 2FA (Where Applicable)✅ Yes
🔏 Privacy Policy in Place✅ Yes
🔐 Risk Warning Provided✅ Yes
🔓 Negative Balance Protection✅ Yes
🔒 Guaranteed Stop-Loss Orders✅ Yes

 

 

Is FXTM reliable?

Yes, FXTM is one of the world’s most well-regulated and trusted brokers, with a 93% trust score.

 

Does FXTM apply negative balance protection across all account types?

Yes, FXTM applies negative balance protection to all retail trading accounts.

 

 

How to Maximize Your Savings/Profits with Forex Trading Rebates at FXTM

 

To optimize your savings or profits through Forex trading rebates at FXTM, employing a blend of strategic trading and a comprehensive understanding of the rebate program is essential. Consider the following recommendations:

 

  • ✅ Increase Trading Volume: The magnitude of the rebate is directly proportional to your trading volume. By engaging in more trades, you can accumulate a higher rebate. However, it is crucial to base your trading decisions on sound strategies rather than solely pursuing greater rebates.
  • ✅ Grasp the Rebate Structure: Familiarize yourself with FXTM’s rebate structure. Understand the specific rebate amount you earn per traded lot, enabling you to calculate potential earnings and make well-informed trading choices.
  • ✅ Utilize Rebates to Offset Trading Costs: Rebates can effectively mitigate transaction costs, reducing the overall trading expense. This can be particularly advantageous for high-frequency traders who encounter significant transaction costs.
  • ✅ Reinvest Your Rebates: Consider reinvesting your rebates into your trading activities. This approach can bolster your trading capital and potentially result in increased profits.
  • ✅ Regularly Withdraw Your Rebates: FXTM permits regular withdrawals of earned rebates. Regularly withdrawing your rebates ensures you make the most of your accumulated earnings instead of allowing them to remain dormant in your account.

 

 

Finally, Select the Appropriate Account Type. FXTM provides diverse account types, each with its own conditions. Make a careful selection based on your trading style and optimize your potential for earning rebates.

 

 

Does FXTM offer an auto-invest option for rebates?

No, there is no auto-invest function available with FXTM currently.

 

Does FXTM offer money back on the commissions I paid?

Yes, FXTM offers commission rebates of up to 25%.

 

 

FXTM Regulation and Safety of Funds

 

FXTM Awards and Recognition

 

According to FXTM’s website, the company has been recognized for the following honors in recent years as a broker:

 

  • ✅ The Best Educational Program in 2022 – World Financial Award.
  • ✅ The Most Trusted Forex Broker in 2022 – World Financial Award.
  • ✅ The Best Islamic Forex Account in 2022 – World Financial Award.

 

 

Finally, FXTM was rewarded as The Best Mobile App in 2022 – World Financial Award.

 

FXTM Awards and Recognition

 

FXTM Account Types and Features

 

Overall, FXTM’s account types cater to a wide range of trading needs, from beginner to advanced traders. For example, the Micro account is a great option for those just starting. In contrast, the Advantage and Advantage Plus accounts offer more advanced features for experienced traders.

All account types can use the MetaTrader 4 or MetaTrader 5 trading platform and support multiple base currencies.

Traders can also choose between instant execution or market execution and have access to a range of trading instruments, including forex, commodities, indices, and shares.

 

🔎 Live Account💴 Minimum Dep.📉 Average Spread💶 Commissions💷 Average Trading Cost
🥇 Micro$101.5 pipsNone15 USD
🥈 Advantage$5000.0 pips$0.4 to $26 USD
🥉 Advantage Plus$5001.5 pipsNone15 USD

 

FXTM Account Types and Features

 

FXTM Micro Account

 

The Micro Account offered by FXTM is suitable for inexperienced and skilled traders looking to refine their trading abilities. With this account, traders can access real market conditions while minimizing the risk of loss, as all values are denominated in cents.

 

🔎 Account Feature📌 Value
💴 Minimum Deposit Required$10
📈 Average SpreadsFloating from 1.5 pips EUR/USD
💵 Commission chargesNone
💶 Base Account CurrencyUS Cent, EU Cent, GBP Pence, or Nigerian kobo
📉 Order ExecutionInstant Execution
📊 Margin Call (%)60%
⛔ Stop-Out Level (%)40%
☪️ Islamic Account Option✅ Yes
📌 Limit and Stop Levels1 spread
📍 Minimum Volume per trade (lots)0.01 lots
↪️ Maximum Orders300 lots
▶️ Maximum Volume per Order10 lots
⏩ Maximum Volume in lots per order3,000 lots
💹 Maximum Pending Orders100 lots

 

FXTM Micro Account

 

FXTM Advantage Account

 

The FXTM Advantage Account is a highly sought-after option among retail forex traders due to its optimal blend of competitive trading conditions and access to a diverse range of financial products.  In addition, geared towards experienced traders implementing different trading strategies, this account type offers significant benefits.

 

🔎 Account Feature📌 Value
💴 Minimum Deposit Required$500
📈 Average SpreadsFrom 0.0 pips EUR/USD
💵 Commission chargesAn average between $0.40 and $2, according to the trading volume
💶 Base Account CurrencyUSD, EUR, GBP, or NGN
📉 Leverage and MarginUp to 1:2000 (floating)
📊 Order ExecutionMarket Execution
↪️ Margin Call (%)80%
⛔ Stop-Out Level (%)50%
☪️ Islamic Account Option✅ Yes
❌ Limit and Stop LevelsNone
📌 Minimum Volume per trade (lots)0.01 lots
📍 Maximum OrdersUnlimited
▶️ Maximum Volume per Order100 lots
⏩ Maximum Volume in lots per orderUnlimited
#️⃣ Maximum Pending Orders300 lots

 

FXTM Advantage Account

 

FXTM Advantage Plus Account

 

The Advantage Plus account caters to proficient traders and professionals who seek enhanced capabilities and favorable trading conditions.  The Advantage Plus Account is suitable for individuals constantly engaged in trading activities, such as high-frequency or day traders. Some notable features of this account are as follows:

 

🔎 Account Feature📌 Value
💴 Minimum Deposit Required$500
📈 Average SpreadsFrom 1.5 EUR/USD
💵 Commission chargesNone
💶 Base Account CurrencyUSD, EUR, GBP, or NGN
📉 Leverage and MarginUp to 1:2000 (Floating)
📊 Order ExecutionMarket Execution
➡️ Margin Call (%)80%
⛔ Stop-Out Level (%)50%
☪️ Islamic Account Option✅ Yes
❌ Limit and Stop LevelsNone
▶️ Minimum Volume per trade (lots)0.01 lots
⏩ Maximum OrdersUnlimited
#️⃣ Maximum Volume per Order100 lots
*️⃣ Maximum Volume in lots per orderUnlimited
📌 Maximum Pending Orders300 lots

 

FXTM Advantage Plus Account

 

FXTM Demo Account

 

The FXTM demo account is a practice account that allows traders to experience trading in a risk-free environment.  In addition, the demo account offers a simulated version of the FXTM trading platform, allowing traders to test their strategies and explore the various features and functionalities of the platform without risking any real money.

 

Some of the key features of the FXTM demo account include the following:

 

  • ✅ The demo account offers a simulated trading environment that mirrors real market conditions, allowing traders to practice trading in a risk-free environment.
  • ✅ The demo account provides real-time market data, giving traders access to the latest market information and trends.
  • ✅ Traders using the demo account can access various trading tools and resources, including technical analysis tools and educational materials.
  • ✅ Since the demo account is a practice account, there is no risk of losing real money. As a result, traders can test their strategies and explore the platform without worrying about financial losses.

 

 

Some advantages of using the FXTM demo account include the following:

 

 

  • ✅ The demo account allows traders to practice trading in a risk-free environment, allowing them to test their strategies and learn the platform before investing real money.
  • ✅ Traders using the demo account have access to real-time market data, which can help them better understand market trends and conditions.
  • ✅ The demo account provides traders access to a range of trading tools and resources, allowing them to familiarize themselves with the platform and develop their trading skills.
  • ✅ Traders can use the demo account for as long as they need to, allowing them to practice and refine their trading strategies at their own pace.

 

 

Overall, the FXTM demo account is a valuable tool for traders of all levels, providing a risk-free environment for practicing trading and exploring the various features and functionalities of the FXTM trading platform.

 

FXTM Demo Account

 

FXTM Islamic Account

 

The FXTM Islamic/Swap-Free account is an account that adheres to the principles of Islamic finance, which prohibits the collection or payment of interest. The account is intended for traders who follow the Islamic faith and want to trade in the financial markets without paying or receiving interest.

 

Some of the key features and advantages of the FXTM Islamic/Swap-Free account include the following:

 

  • ✅ As per the Islamic faith, no interest or swap charges are applied on positions held overnight.
  • ✅ Traders can open and close positions at the market price without worrying about any requotes.
  • ✅ FXTM does not charge any hidden fees on Islamic/Swap-Free accounts.
  • ✅ Traders can access all the trading instruments available on FXTM’s other account types, including forex, commodities, indices, and shares.
  • ✅ FXTM offers negative balance protection, which ensures that traders cannot lose more than their account balance.

 

 

FXTM provides dedicated customer support to its clients, so Islamic/Swap-Free account holders can get assistance whenever needed.

 

FXTM Islamic Account

 

How to open an Account with FXTM

 

To register a live trading account with FXTM, you can follow these steps:

 

  • ✅ Go to the FXTM website and click on the “Register” button in the homepage’s top right corner.
  • ✅ Select the type of account you wish to register for. FXTM offers several account types, including the Micro, Advantage, and Advantage Plus accounts. Choose the one that best suits your needs and click “Open Account.”
  • ✅ Fill out the registration form with your personal information, including your full name, email address, phone number, and country of residence.
  • ✅ Choose your account currency, which will determine the base currency of your account.
  • ✅ Set up your password and confirm it. Your password must be eight characters long and include at least one uppercase letter, one lowercase letter, and one number.
  • ✅ Agree to the terms and conditions by ticking the box.
  • ✅ Click on the “Register” button at the bottom of the page.
  • ✅ You will receive an email from FXTM containing a verification link. Click on the link to verify your email address.
  • ✅ Once you have verified your email, you will be prompted to log in to your account using your email address and password.
  • ✅ Complete the KYC (Know Your Customer) process by submitting a copy of your ID and proof of address. This step is mandatory to ensure compliance with regulatory requirements.

 

 

Once your account is approved, you can deposit funds and start trading on the FXTM platform.

 

 

What is the minimum trade size that FXTM allows?

The smallest position is 0.01 lots, also known as micro-lots.

 

How long does it take FXTM to approve my live trading account?

According to FXTM, verifying your profile can take 10 minutes to 2profile once you have completed the application and verified your residential address and identity.

 

 

How to open an Account with FXTM

 

FXTM Trading Platforms

 

FXTM offers three trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and FXTM Trader. Here is an overview of each platform and some of its key features.

 

MetaTrader 4 (MT4)

 

MT4 is the most popular trading platform offered by FXTM. It is regarded as one of the most comprehensive and user-friendly trading platforms. Key features of MT4 include:

 

  • ☑️ A wide range of charting and technical analysis tools
  • ☑️ The ability to use custom indicators and automated trading strategies
  • ☑️ A large selection of built-in indicators and charting tools
  • ☑️ User-friendly interface and customizable layout
  • ☑️ Multi-language support
  • ☑️ One-click trading and order management
  • ☑️ Mobile trading app available

 

 

MetaTrader 5 (MT5)

 

MT5 is the successor to MT4 and offers even more advanced features and capabilities. Key features of MT5 include:

 

  • ☑️ All the features of MT4, plus many additional technical analysis tools and indicators
  • ☑️ More advanced order types and risk management tools
  • ☑️ Built-in economic calendar and news feed
  • ☑️ Improved backtesting and strategy development capabilities
  • ☑️ Multi-language support
  • ☑️ Mobile trading app available

 

 

FXTM Trader

 

FXTM Trader is a proprietary mobile trading app developed by FXTM. It offers a simplified and streamlined trading experience, with features including:

 

  • ☑️ Intuitive and user-friendly interface
  • ☑️ Quick and easy order management
  • ☑️ Real-time quotes and charts
  • ☑️ Multi-language support
  • ☑️ Mobile-only trading platform
  • ☑️ Ability to deposit and withdraw funds directly from the app

 

 

Overall, FXTM offers a comprehensive range of trading platforms suitable for novice and experienced traders. MT4 and MT5 are highly regarded in the industry. They offer many features, while FXTM Trader provides a more streamlined and mobile-focused trading experience.

 

 

Can I trade using the FXTM app?

Yes, the FXTM app can be used as a trading terminal to open, manage, and close positions.

 

Can I deposit and withdraw using the FXTM trading platforms?

Yes, once your profile is verified and your account is linked, you can use the trading platforms to manage and make deposits and withdrawals.

 

 

FXTM Trader

 

FXTM Investment Programs

 

FXTM offers a comprehensive copy trading service that allows you to still profit from the financial markets even if you lack the knowledge and time to trade.  Furthermore, FXTM’s copy trading entails imitating the trades of skilled strategy managers, thereby eliminating the need to trade oneself.

Traders can start this service by deciding how much they wish to invest and imitate a strategy manager’s every move. Furthermore, whenever they execute a trade, the trader’s account will automatically execute the same trade.

 

FXTM Investment Programs

 

Which Markets Can You Trade with FXTM?

 

Traders can expect the following range of markets from FXTM:

 

  • ✅ Forex
  • ✅ Forex Indices
  • ✅ Spot Metals
  • ✅ CFD Kenya Stocks
  • ✅ Kenya Stocks
  • ✅ CFD US Stocks
  • ✅ US Stocks
  • ✅ Hong Kong Stocks
  • ✅ CFD EU Stocks
  • ✅ Spot Commodities
  • ✅ Spot Indices
  • ✅ Stock Baskets

 

 

Financial Instruments and Leverage offered by FXTM

 

🔎 Instrument🅰️ Number of Assets Offered🅱️ Max Leverage Offered
📈 Forex601:25 – 1:2000
📉 Forex Indices61:25 – 1:500
📊 Spot Metals51:25 – 1:2000
💹 CFD US Stocks7641:500
💱 CFD EU Stocks501:500
🍎 Spot Commodities31:25 – 1:500
📌 Spot Indices171:25 – 1:500

 

 

Are there leverage restrictions when I trade with FXTM?

Leverage restrictions apply to traders in the UK and EU because the FCA restricts leverage to a maximum of 1:30 on forex major pairs.

 

Can I trade the Nasdaq 100 with FXTM?

Yes, FXTM offers shares listed on the Nasdaq 100 and offers NASDAQ as a CFD on indices.

 

 

Which Markets Can You Trade with FXTM

 

FXTM Trading and Non-Trading Fees

 

FXTM Spreads

 

Spreads at FXTM are not fixed and may vary based on a few /variables, such as the type of account used, the financial instrument traded, and the day’s market conditions. Typical spreads according to the trading account being used are as follows:

 

  • ✅ Micro Account – from 1.5 pips EUR/USD
  • ✅ Advantage Account – from 0.0 pips EUR/USD
  • ✅ Advantage Plus Account – from 1.5 pips EUR/USD.

 

 

Furthermore, the following are some other spreads that traders can expect from FXTM:

 

🔎 Account🥇 Micro🥈 Advantage🥉 Advantage Plus
➡️ EUR/USD1.9 pips0.0 pips2.1 pips
↪️ Forex Indices (US)3.7 pips0.6 pips3.4 pips
⬇️ Brent Oil9 pips6 pips12 pips
⬆️ Stock Baskets (GreenID)14 pips12 pips12 pips

 

FXTM Commissions

 

  • ✅ These fees apply only to the Advantage Account, which offers the lowest spreads (zero pip spreads) from FXTM. Depending on the trader’s overall activity, Advantage Account commission rates range from $0.40 to $2 per trade.

 

 

Overnight Fees, Rollovers, or Swaps

 

When a trader holds a position overnight, overnight fees are deducted from or credited to the account. FXTM’s fees are transparent and vary based on the trading instrument, the position’s size, and the position’s length.

 

Traders can expect to pay the following as standard overnight fees:

 

  • ✅ EUR/USD – a short swap of 0.06 pips and a long swap of -0.39 pips.
  • ✅ XAG/USD – a short swap of -0.05 pips and a long swap of -0.08 pips.
  • ✅ XAU/USD – a short swap of -0.7 pips and a long swap of -3.4 pips.

 

 

Deposit and Withdrawal Fees

 

FXTM does not charge any deposit fees. However, the following withdrawal fees apply:

 

  • ✅ African Local Solutions – 1 USD
  • ✅ FasaPay – 0.5%
  • ✅ Credit/Debit Cards – 2 USD, 2 EUR, or 2 GBP
  • ✅ Bank Wire Transfer – 30 EUR

 

 

Inactivity Fees

 

  • ✅ FXTM applies a monthly inactivity fee of $5 to dormant accounts after 6 months of inactivity.

 

 

Currency Conversion Fees

 

Traders who deposit or withdraw funds in currencies other than USD, EUR, GBP, or NGN will face currency conversion fees.

 

FXTM Trading and Non-Trading Fees

 

FXTM Deposits and Withdrawals

 

FXTM offers the following deposit and withdrawal methods:

 

  • ✅ Local Indian Payment Methods (UPI and Netbanking)
  • ✅ Local Nigerian Instant Bank Transfers
  • ✅ Equity Bank Transfer
  • ✅ Ghanaian Local Transfer
  • ✅ Africa Local Solutions
  • ✅ M-Pesa
  • ✅ FasaPay
  • ✅ TC Pay Wallet
  • ✅ Debit/Credit Cards
  • ✅ GlobePay
  • ✅ Skrill
  • ✅ PayRedeem
  • ✅ Perfect Money
  • ✅ Neteller
  • ✅ Bank Wire Transfer

 

 

How to Deposit Funds with FXTM

 

To deposit funds to an account with FXTM, traders can follow these steps:

 

  • ✅ Log in to your FXTM account.
  • ✅ Click on the “Deposit” button on the top right-hand corner of your account dashboard.
  • ✅ Choose the payment method you prefer from the list of available options.
  • ✅ Fill out the required information for the payment method you selected.
  • ✅ Enter the amount you want to deposit in your account.
  • ✅ Confirm the details and submit the payment request.

 

 

Wait for the payment to be processed, which usually takes a few minutes to a few hours, depending on your payment method.

 

FXTM Fund Withdrawal Process

 

To withdraw funds from an account with FXTM, traders can follow these steps:

 

  • ✅ Log in to your FXTM account.
  • ✅ Click on the “Withdrawal” button on the top right-hand corner of your account dashboard.
  • ✅ Choose the payment method you prefer from the list of available options.
  • ✅ Fill out the required information for the payment method you selected.
  • ✅ Enter the amount you want to withdraw from your account.
  • ✅ Confirm the details and submit the withdrawal request.

 

 

Wait for the payment to be processed, which usually takes a few hours to a few days depending on the payment method you used and the bank processing time.

 

 

What is the spread on Nasdaq 100 with FXTM?

Nasdaq 100 spreads with FXTM start from 0.4 pips on the Advantage account.

 

What happens when I leave my FXTM live trading account for three months?

Nothing. FXTM only charges inactivity fees when your live trading account is left unattended for six consecutive months.

 

 

Calculating Forex Trading Rebates with FXTM

 

FXTM calculates forex trading rebates based on the volume of transactions executed. The rebate is a portion of the transaction cost returned to you for each trade, resulting in a reduced spread and a higher win ratio.

For instance, if FXTM offers a rebate of $5 per lot traded and you trade 100 lots per week, you would receive a $500 rebate (100 lots * $5).

 

Claiming and Withdrawing Forex Rebates at FXTM

 

At FXTM, claiming and withdrawing your Forex rebates is a simple process:

 

  • ✅ Sign in to MyFXTM and navigate to the Withdrawal page under “My Money.”
  • ✅ Select your payment method and select the “Withdraw” button.
  • ✅ Follow the supplied instructions to conclude the withdrawal procedure.

 

 

The rebates that you obtain are either withdrawable or usable for trading. Notably, while FXTM does not charge a commission for withdrawals, the payment provider may charge a handling fee.

 

 

How quickly will I receive my FXTM withdrawn funds?

FXTM processes all withdrawal requests within 24 hours, but the time it would take for funds to reflect in your bank account depends on the method you used. Therefore, it can be instant on some methods or take up to 5 working days.

 

How much will it cost to deposit funds to FXTM using PayPal?

It will not cost anything to deposit funds to your FXTM account.

 

 

FXTM Deposits and Withdrawals

 

FXTM Education and Research

 

Education

 

FXTM offers the following Educational Materials:

 

  • ✅ Forex trading guides
  • ✅ Forex trading strategies
  • ✅ eBooks
  • ✅ Forex Glossary
  • ✅ Educational Videos
  • ✅ Articles and tutorials

 

 

Research

 

FXTM offers traders the following Research and Trading Tools:

 

  • ✅ Daily Market Analysis
  • ✅ Podcasts
  • ✅ Economic Calendar
  • ✅ Forex Market News Timeline
  • ✅ Market Analysis Videos

 

 

and much more.

 

FXTM Education and Research

 

FXTM Bonuses and Current Promotions

 

FXTM offers the following bonuses and promotions to new and existing traders:

 

  • ✅ Rebates of up to $5 per lot traded or 10% – 25% back on the commissions paid.
  • ✅ A $50 Referral Program when you refer friends or family to join FXTM and start trading.

 

 

Legal and Tax Implications: Understanding Forex Trading Rebates with FXTM

 

Forex trading rebates are typically regarded as a reduction in transaction costs, not as income. Nonetheless, it is essential to recognize that tax laws vary from country to country and are affected by individual circumstances.

To completely comprehend the implications, traders must obtain advice from a tax expert. In some jurisdictions, foreign exchange rebates may be considered taxable income.

Furthermore, FXTM does not provide legal, regulatory, or tax advice; therefore, it is the trader’s responsibility to understand their obligations.

 

Risks and Limitations of Forex Trading Rebates at FXTM

 

Forex trading rebates can provide an additional source of income, but they come with risks and restrictions. One risk is the temptation for traders to engage in more frequent or high-volume transactions to earn greater rebates. However, this strategy can enhance their market risk exposure.

Moreover, the rebate program may not be accessible for all account types or trading activities. While rebates can reduce transaction costs, they do not eliminate the risk of financial loss in foreign exchange trading.

 

Strategies to Maximize Rebates with FXTM

 

To maximize rebates at FXTM, traders must prioritize their trading strategy and view rebates as a bonus. Larger trading volumes can result in higher rebates, but this should not be at the expense of effective risk management.

Traders should also thoroughly comprehend the rebate program, including the rebate rate per lot and the payment schedule. Finally, traders can reinvest their rebates into their trading activities, which may increase their trading capital and profits.

 

FXTM Bonuses and Current Promotions

 

How to open an Affiliate Account with FXTM

 

To register an Affiliate Account with FXTM, traders can follow these steps:

 

  • ✅ The affiliate can start the process by filling out the application form, which only takes two minutes to complete. This form requires personal and business details and additional information, such as the potential partner’s FXTM ID and firm name if they are already registered with the broker.
  • ✅ Once the application is approved, the affiliate can access the “Tools” section of the Affiliate Portal, where they can find banners, links, and widgets to place on their website.
  • ✅ After that, the affiliate can earn commissions based on the trading activity of the customers they refer, which is determined by their CPA level and dynamic rebates.

 

 

FXTM Affiliate Program Features

 

FXTM offers a comprehensive affiliate program that provides partners with tools and resources to help them earn commissions from referring traders to the broker. Some of the key features of the FXTM affiliate program include the following:

 

  • ✅ Competitive commission rates: FXTM offers competitive commission rates to its affiliates, with up to $1,200 CPA and up to $15 per lot rebates.
  • ✅ Range of marketing tools: FXTM provides its affiliates with various marketing tools, including banners, links, and widgets that they can use on their websites or social media platforms to refer traders.
  • ✅ Access to the Affiliate Portal: Partners can log in to the Affiliate Portal to monitor their earnings, track conversions, and access reports on their referrals’ trading activity.
  • ✅ Personalized support: FXTM provides personalized support to its affiliates, including a dedicated account manager who can help partners maximize their earnings and answer any questions they may have.
  • ✅ Cashback program: FXTM rewards affiliates for referring high-volume traders to the broker. Affiliates can earn up to $10 per lot for each high-volume trader they refer.
  • ✅ Regular promotions and bonuses: FXTM offers regular promotions and bonuses to its affiliates, including special commission rates and other incentives to help partners increase their earnings.

 

 

Overall, FXTM’s affiliate program provides partners with a range of tools and resources to help them earn commissions from referring traders to the broker.  With competitive commission rates, a range of marketing tools, and personalized support, the FXTM affiliate program is an attractive option for anyone looking to monetize their website or social media presence.

 

How to open an Affiliate Account with FXTM

 

FXTM Customer Support

 

FXTM provides various options for contacting customer support, including:

 

  • ✅ Live Chat: This is available on the FXTM website and can be accessed by clicking on the “Live Chat” button in the website’s top right-hand corner.
  • ✅ Phone: FXTM provides phone support in different languages, including English, Arabic, Chinese, French, Indonesian, Italian, Polish, Spanish, and Thai. The phone numbers are available on the FXTM website.
  • ✅ Email: Customers can also contact FXTM’s customer support team via email. The email addresses are available on the FXTM website.
  • ✅ Social Media: FXTM has a presence on various social media platforms, including Facebook, Twitter, Instagram, and LinkedIn. Customers can contact the support team directly or by commenting on posts.

 

 

Finally, Request a Call. FXTM also allows customers to request a callback from the support team. Customers can fill out a form on the FXTM website with their phone number and preferred call-back time.

 

 

Does FXTM offer live chat with an agent or only a virtual assistant?

FXTM offers a virtual assistant to answer general queries but offers the option to speak to live customer support.

 

How long will it take FXTM to answer my email?

Your email should be answered within one business day, depending on your query and when the email is sent. FXTM’s customer support is prompt in addressing queries.

 

 

FXTM Customer Support

 

FXTM Corporate Social Responsibility

 

As the FXTM brand matures and expands internationally, the broker is committed to sponsoring and engaging in economic, social, and cultural activities.

This indicates that FXTM is a local broker; its participation in various events and activities demonstrates its dedication to the financial industry and the communities in which it operates.

 

FXTM Corporate Social Responsibility

 

FXTM Alternatives

 

 

  • 🥇 AvaTrade’s biggest selling points are free deposits, withdrawals, and low trading fees, with spreads on the EUR/USD beginning at 0.9 pips. In addition, AvaTrade’s well-designed mobile app, AvaTradeGO, will appeal to mobile traders due to its intelligent risk management tools and direct connection to AvaSocial, AvaTrade’s popular social trading platform. A further feature of AvaTrade is the cryptocurrency pairs available for trading.

 

  • 🥈 Axi is a global online forex and CFD trading company with over 60,000 ambitious clients in over 100 countries. Axi provides the most recent version of the popular MetaQuotes 4 (MT4) software and supplementary utilities that surpass those of the previous platform. As a result, Axi maintains a stable environment even for algorithmic traders who rely on uninterrupted connectivity and minimal latency.

 

  • 🥉 Tickmill is most beneficial for high-volume, high-balance traders interested in trading only the most popular forex and CFD instruments. Tickmill complements its MetaTrader offering with a wide selection of copy-trading platforms and provides multiple account options with variable pricing.

 

 

FXTM Alternatives

 

FXTM VPS Review

 

FXTM’s VPS service is a Virtual Private Server that allows traders to run their trading algorithms and Expert Advisors (EAs) 24/7 without interruption.  FXTM’s VPS provides users with a stable and secure connection to the trading servers, ensuring they can place trades and manage their accounts in real time.

The FXTM VPS service is available to all traders with a funded account with FXTM who trade a minimum of 5 lots per month.

 

Some of the benefits of using the FXTM VPS service include the following:

 

  • ✅ Reduced latency: The VPS is hosted near FXTM’s trading servers, ensuring faster execution and reduced latency.
  • ✅ Enhanced security: The VPS is protected by a powerful security system, anti-virus software, and other security measures, ensuring that traders’ data and accounts are secure.
  • ✅ Increased reliability: The VPS is hosted in a state-of-the-art data center with redundant power and network connections, ensuring maximum uptime.
  • ✅ Easy setup: Traders can easily set up their VPS service through the FXTM website, and there are no setup fees or hidden costs.

 

 

To use the FXTM VPS service, traders need to follow these steps:

 

 

  • ✅ Log in to their MyFXTM account.
  • ✅ Select “VPS Hosting” from the menu.
  • ✅ Choose the desired VPS plan and click “Order Now.”
  • ✅ Follow the prompts to complete the order and set up the VPS.
  • ✅ Download and install the VPS client software.

 

 

Connect to the VPS and start trading.

 

FXTM VPS Review

 

FXTM Web Traffic Report

 

🌎 Global Rank31,803
🅰️ Country Rank938
🅱️ Category Rank17
📈 Total Visits2.3 million
⚽ Bounce Rate66.09%
📉 Pages per Visit2.80
⏰ Average Duration of Visit00:01:44
➡️ Total Visits in the last three monthsNovember – 1.7 million
December – 2.1 million
January – 2.3 million

 

FXTM Web Traffic Report

 

FXTM vs. Other Notable Brokers

 

🔎 Broker🥇 FXTM🥈 Capital.com🥉 InstaForex
📈 RegulationCySEC, FSCA, FCA, CMA, FSC MauritiusFCA, ASIC, CySEC, NBRB, FSAFCA, BVI FSC, CySEC, FSA SVG
💴 Withdrawal Fee✅ YesNone✅ Yes
🆓 Demo Account✅ Yes✅ Yes✅ Yes
💵 Min Deposit$10$20$1
📉 Spread0.0 pips, VariableVariable, from 0.6 pips0.0 pips
📊 CommissionsFrom $0.4 to $2None0.03% to 0.07%
➡️ Order ExecutionMarket, InstantMarketInstant
🎁 No-Deposit BonusNoneNone✅ Yes
🪙 Cent AccountsNoneNone✅ Yes
⏰ Customer Service Hours24/524/724/5
🔟 Retail Investor Accounts314
☪️ Islamic Account✅ YesNone✅ Yes
⬇️ Minimum Trade Size0.01 lots0.01 lots0.01 lots
⬆️ Maximum Trade Size100 lotsDepends on the account balance100 lots
📌 Min. Withdrawal TimeInstant up to 24 hoursInstantInstant
📍 Max. Withdrawal TimeUp to 5 working daysUp to 3 DaysUp to 6 working days
💳 Instant Withdrawals✅ Yes✅ Yes✅ Yes

 

FXTM vs. Notable Other Brokers – Forex Rebate Comparison

 

FXTM Pros and Cons

 

✅ Pros❎ Cons
A wide range of trading instruments are available, including forex, CFDs on indices, commodities, and sharesLimited availability in certain regions and countries due to regulatory restrictions
Extensive educational resources for traders of all levels, including webinars, seminars, articles, and videosLimited cryptocurrency trading options compared to some competitors
Daily market news and analysis to help traders stay up-to-date with current events and market trendsSome traders have reported occasional issues with order execution and slippage
Fast and secure deposit and withdrawal options, with over 20 payment methods availableLimited customer support available on weekends
Negative balance protection for retail clients to protect against losses exceeding account balanceLimited social trading options compared to some competitors

 

FXTM Pros and Cons

 

FXTM Customer Reviews

 

🥇 Satisfied Customer.

Drawing upon my over two years of experience with FXTM, I am delighted to express my satisfaction with this platform. Notably, the deposit and withdrawal services have been prompt, with the added convenience of numerous options for conducting transactions via e-wallets. Overall, my experience with FXTM has been exceptional, and I hope to see a continuation of this trend in the future. – Phoebe Hampton

 

 

🥈 Excellent.

I am pleased to report that my experience with FXTM has been highly satisfactory, encompassing the entire process of account creation, verification, deposit, and withdrawal. I am hopeful that FXTM will continue to maintain this level of service. In my assessment, FXTM qualifies as a reliable broker. Specifically, my seamless experience with opening an account, conducting trades, and making withdrawals has been commendable. – Carmen Edwards

 

 

🥉 Exceptional Broker.

I have been a loyal client of FXTM for several years, during which time I have not experienced any suspicious activity on my accounts. While I have achieved significant financial gains, I have also incurred losses solely attributable to my greed. I have occasionally experienced order delays, which can negatively impact my trading activities. However, I acknowledge market conditions are currently highly volatile, and such delays may be inevitable. – Lexi Bowen

 

 

FXTM Customer Reviews

 

Recommendation for Improving FXTM Cashback Rebates

 

FXTM currently offers rebates across all markets, which means that traders can earn back on the spread or commission paid on all account types and financial instruments. Therefore, improvement is not currently needed on FXTM’s cashback rebates.

 

  • ✅ Clarity of the Rebate Structure: FXTM should provide specific information about the rebate structure, including rebate amounts per traded lot. This will enable traders to calculate their potential earnings and make informed trading decisions readily.
  • ✅ FXTM should expedite and clarify the procedure by which traders can withdraw their rebates. This can be accomplished by instituting user-friendly withdrawal interfaces, providing explicit instructions on initiating, and completing rebate withdrawals.
  • ✅ Comparison of Account Types and Recommendation: FXTM should provide traders with exhaustive guidance on selecting the optimal account type for maximizing rebate earnings.

 

 

FXTM should allow traders to reinvest their rebates into their trading activities. This could include discounted trading fees, additional trading instruments, or exclusive investment opportunities.

 

Recommendation for Improving FXTM Cashback Rebates

 

 

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

 

 

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

 

 

Our Verdict on FXTM

 

FXTM, a successful brand under Exinity Group, specializes in leveraged trading that offers the potential for financial gains, whether prices rise or fall in forex, indices, commodities, and shares.

FXTM caters to experienced traders and beginners, guiding them to achieve financial freedom in the markets. FXTM has earned the trust of over 2 million individuals worldwide since its inception in 2011, and thousands of new traders continue to join every month.

Overall, FXTM is regulated in multiple areas and offers full segregation of funds for retail clients, ensuring the protection of clients’ assets by holding funds with top-tier banks worldwide.

 

 

FXTM Frequently Asked Questions

 

What are Forex Cashback Rebates?

Forex Cashback Rebates are incentives provided by some forex brokers to traders as a way of earning back a portion of their trading costs. The rebate is a percentage of the broker’s spread or commission charges the trader.

 

Is FXTM a Forex Rebate provider?

Yes, FXTM is a Forex rebate provider. In addition, they offer rebates to their traders as part of their loyalty program, FXTM Loyalty.

 

Does FXTM provide a Cashback Forex Contest?

FXTM does not provide a Cashback Forex Contest.

 

How does the Forex Cashback Rebate process work?

Traders sign up for FXTM’s Loyalty Program and opt-in to the Cashback Rebates feature. Traders then trade as normal, and FXTM calculates their rebates based on the volume of trades and trading instruments.

Then, at the end of each week, FXTM credits the trader’s account with their earned rebates.

 

Where can I find FXTM’s Cashback Forex Calendar?

FXTM’s Cashback Forex Calendar can be found on their website under the ‘Promotions’ tab.

 

I’m an existing trader, how can I transfer my account to earn rebates via FXTM?

Existing traders can transfer their accounts to earn rebates via FXTM by contacting their account manager or FXTM’s customer support team.

 

Can I use a Forex Rebate EA with FXTM?

Yes, traders can use a Forex Rebate EA with FXTM.

 

How many traders with FXTM use the Cashback Rebate feature?

It is not publicly disclosed how many traders with FXTM use the Cashback Rebate feature.

 

What are the maximum rebates I could earn with FXTM?

The maximum rebates a trader could earn with FXTM depends on the account type and trading volume. For example, traders on the Advantage Plus account can earn up to $5 per lot traded.

 

Will my FXTM fees and spreads increase when I use the Cashback Rebate feature?

No, using the Cashback Rebate feature does not increase FXTM’s fees or spreads for the trader.

 

Why should I work through the SA Shares Cashback?

You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from FXTM.  This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as FXTM to ensure you get the most back from your trading activities.

 

How quickly will I receive my sign-up bonus?

“We do not offer any at the moment.”

 

How can I manage my trading risk when I sign up?

“We do offer on the MetaTrader platform. However, please note that risk is based on you. We do offer negative balance protection as well.”

 

Do you provide compensation to eligible clients?

“Exinity Limited is a member of The Financial Commission, an international organization dedicated to resolving disputes within the financial services industry and the Forex market.

The Financial Commission is an independent external dispute resolution (EDR) organization for consumers and traders who cannot resolve disputes with their financial services provider. In addition, the Commission’s Compensation Fund protects every member of the Financial Commission.

The Compensation Fund will only cover judgments the Financial Commission has made of up to €20,000 per case.”

 

What is your requote policy?

“On Instant Execution:

We will try to execute your order using the latest price that you have seen on your platform. Consequently, there is a probability that the price will change while the broker processes your order.

Suppose the change is greater than the deviation parameter specified in the order. In that case, the broker will reply with a requote, and you can either accept the new price or reject the order execution at all.”

 

How do you protect client data and information?

“Please be informed that we are a regulated broker. Therefore, your date and documents are protected as per our regulator.”

 

What execution speeds can I expect, and what is your execution policy?

“In general, market execution is faster than instant execution because it does not require the price to be confirmed before the order is filled. However, this also means that the trader may not get the exact price they were expecting, as the market may have moved by the time the order is filled.”

 

How do you handle customer complaints?

“Please note that we have multiple channels where you can contact us to fill your complaints or inquiries, including this live chat.”

 

What is the recommended initial deposit?

“Please note that the minimum deposit amount depends on account type and is as follows:

  • Advantage: 200 $/€/£
  • Advantage Plus: 200 $/€/£
  • Micro: 10 $/€/£
  • Investment: starting from 100 $/€/£

 

How do I calculate my potential earnings with FXTM rebates?

To calculate your potential earnings, multiply the specific rebate amount per traded lot by the number of lots you plan to trade.

 

Can I withdraw my FXTM rebates anytime?

Yes, you can withdraw your FXTM rebates anytime through the provided withdrawal process.

 

Is there a minimum threshold for withdrawing FXTM rebates?

Yes, FXTM typically has a minimum threshold for rebate withdrawals.

 

Do FXTM rebates have an expiration date?

FXTM rebates typically do not have an expiration date, but reviewing the terms and conditions for any specific details is advisable.

 

Can I earn rebates on both winning and losing trades with FXTM?

Yes, FXTM rebates are usually calculated based on your trading volume, regardless of whether the trades are profitable.

 

What happens to my FXTM rebates if I close my trading account?

If you close your FXTM trading account, any accumulated rebates that have not been withdrawn will typically be forfeited.

 

Are FXTM rebates available for all trading instruments?

FXTM rebates are typically available for various trading instruments, including Forex, commodities, and indices.