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?

Broker reliability Fxtm Opinions on brokers Trading account

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.