Is FXTM a good broker?
Asked 4 years ago
Hello everyone, who here can say that FXTM is a good broker? Can you recommend I open a trading account with them?
Osasere Okunloye
Saturday, February 05, 2022
FXTM is a good broker. They are registered by three tier-one financial regulatory bodies I.e Financial Conduct Authority (FCA), Cyprus Security and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA). Their minimum deposit is $50 which is quite low and they trade CFDs, stocks and forex. Their trading fee is average, but they charge a $3 withdrawal fee. They also charge an inactivity fee of $5 per month after six months. Although FXTM has both pros and cons, they are considered by many traders as a good broker.
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