FXTM, short for ForexTime, is a platform with a primary focus on foreign exchange. That specialization allows it to rise above many others when it comes to Forex focused trading platforms and tools. CFDs are available on 50+ currency pairs including major, minor, and exotic pairs. Leverage is available up to 1000:1.
Spreads are competitive across all platforms with 24-hour trading open 5 days per week. FXTM is based in Cyprus and licensed by the International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission, and other regulators in and out of the EU. A free demo account is available.
| PROS: | CONS: |
| Support for 250+ products to trade across global markets, including Forex, commodities, shares, indices and cryptocurrency CFDsCompetitive spreadsMetaTrader 4 and MetaTrader 5 platform support | Low maximum order sizeNo native Mac desktop app |