As a beginner in forex trading, it is important to know the basics of the market before jumping into live trading. A good broker offers a demo account, which allows you to practice trading before committing to live trading. Although studying educational materials can help, it is not a guarantee of success. Fortunately, FXTM has additional tools that can improve your trading experience. As a bonus, the company also has a stellar reputation for helping customers and making sure that all of their needs are met.
FXTM has a wide range of trading accounts, which can cater to both novices and experts. MetaTrader is a popular platform, and offers more technical analysis and timeframes than other brokers. Besides the standard chart analysis, MetaTrader also has expert advisors and advanced signals to make your trades more successful. In addition, it provides an integrated financial calendar. So, if you’re a novice in forex trading, this website may be the right choice for you. https://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 an additional benefit for those who are new to the world of forex.
In terms of security, FXTM uses cloud servers that are connected to the internet at all times. This ensures that all client information is secure. The company uses a number of advanced security measures to protect its users. These include firewalls and anti-phishing, which protect your account from hackers. Lastly, it has an Investor Compensation Fund (ICF) fund insurance policy, which means that your funds will be protected if you lose money.
While FXTM does offer a great range of tools and features, it also comes with several drawbacks. For example, it charges an inactivity fee after six months of inactivity. This charge only applies to real money accounts. If you have an account that is not active for 6 months, you will be charged. Nonetheless, this inactivity fee is worth the small price you pay if you want to continue using the platform.
The FXTM website is available around 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. In addition, you can use the trading app and access the markets from anywhere. Additionally, FXTM is licensed by the Cypriot Securities and Exchange Commission, which gives you additional protection against fraudulent companies. Its educational resources are available in a variety of languages and are helpful for both new and experienced traders.