Score

6.58 /10
Average

FXTM

United Kingdom

10-15 years

Regulated in Cyprus

Market Making(MM)

MT4/5 full license

Global Business

Suspicious Overrun

High potential risk

AAA
AA

Add brokers

Comparison

Quantity 35

Exposure

Open Account
Website

Score

License Index 7.50
Business Index 6.75
Risk Management Index 0.00
Software Index 7.84
Regulatory Index 7.78
The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Contact number

English

+44 20 3734 1025

English

+62 7 803 321 8183

English

+234 1 460 1586

English

+254 207 640 415

Broker Information

More

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 2
Previous Detection : 2023-04-02
  • The number of the complaints received by WikiFX have reached 30 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 46614)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

FXTM · Benchmark
Average transaction speed(ms)
359.5 Great
The highest transaction speed(ms)
7 Perfect
The highest speed of opening positions(ms)
7 Perfect
The highest speed of closing position(ms)
7 Perfect
The lowest speed of opening positions(ms)
1990 Poor
The lowest speed of closing position(ms)
1922
Ranking: 2 / 120
Test user 3,416
Transactions 539,819
Ocuppied margin $22,483,256 USD
Data Source WikiFX Data provide
Updated: 2023-03-31 01:03:00
Pyramid scheme complaint
Expose

Total Margin Trend

  • VPS Region
  • User
  • Products
  • Closing time
  • HoChiMinh
  • 590***
  • CADJPY
  • 03-31 22:05:01
  • BeiJing
  • 394***
  • EURCHF
  • 03-31 22:24:05
  • Frankfurt
  • 980***
  • EURGBP
  • 03-31 22:00:50

Stop Out

0.76%

Stop Out Symbol Distribution

6 months

Sources

News

NewsBest Forex Brokers South Africa

There are many factors to consider when choosing a forex broker, and the specific needs and preferences of individual traders will vary. However, here are some general guidelines and considerations for choosing a forex broker in South Africa:

WikiFX
2023-01-15 08:30
Best Forex Brokers South Africa

NewsAccording to Jefferies, The Maximum Loss Exposure Due To FXCM Engagement Is $80 Million

Jefferies Financial Group Inc (NYSE: JEF), an investment bank and financial services firm, just filed its quarterly report with the Securities and Exchange Commission for the three-month period ended August 31, 2022. (SEC).

WikiFX
2022-10-10 14:45
According to Jefferies, The Maximum Loss Exposure Due To FXCM Engagement Is $80 Million

NewsThe Most Popular FX Brokers on WikiFX | Do You Know Them?

With forex brokers mushrooming throughout the globe at an overwhelming rate, would you like to know which are the most popular FX brokers based on WikiFX’s database? Keep reading to find out more.

WikiFX
2022-08-24 17:53
The Most Popular FX Brokers on WikiFX | Do You Know Them?

ExposureScammers defrauded investor of 135,000 naira with cryptocurrency in the name of top broker FXTM!

Forextime(FXTM), a forex company with a high reputation in the United Kingdom, has more than 10 years of forex business. FXTM not only owns a strong customer service team for traders but also has a very sound regulatory system.

WikiFX
2020-05-19 16:02
Scammers defrauded investor of 135,000 naira with cryptocurrency in the name of top broker FXTM!

User Reviews

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User comment

63

Comments

Write a review

htm
0-3months
It's been a platform for a long time.
2023-03-14 11:47
Reply
0
0
大唐家装灯饰13864014081
more than one year
I can honestly say that FXTM has never let me down. It withdrawals are as fast as it promised. During my trading here for 5 years, averagely received my funds within two days. Fully trust FXTM.😀 😀😀
2023-02-20 10:01
Reply
0
0
45度
more than one year
There are almost 40 complaints on the wikifx website. actually this fact is shocking to me as FXTM sounds like a pretty trustworthy broker to me.
2023-02-13 18:01
Reply
0
0
shahankk05
3-6months
fxtm is the best one plateform for trading and u can earn easily by this and deposit and withdraw instantly done I recommend u guys go for it.
2023-01-31 13:06
Reply
0
2
moinkhan
0-3months
FXTM is the best platform for trading I promise guys go for it it's trusted.
2023-01-31 12:40
Reply
0
0
ken_goh
more than one year
I had some issues navigating your website and the FXTM staff was quick to respond and resolve my issue. Very good company.
2023-01-30 11:02
Reply
0
0
Abdurrahman
3-6months
All the best platform FXTM easy deposit and withdraw
2023-01-25 09:47
Reply
0
1
azam jutt
0-3months
I'm need money
2023-01-15 23:04
Reply
0
0
azam jutt
0-3months
In
2023-01-15 23:04
Reply
0
1
zabi936
0-3months
yr mujy b koch btaoo
2023-01-13 14:47
Reply
1
2
Beto 1739
0-3months
and if it is true or pure lie
2023-01-12 19:07
Reply
2
1
Nget Sotheara
0-3months
good
2023-01-05 01:10
Reply
0
0
jhavZ
6-12months
hellow guys
2023-01-04 18:37
Reply
0
1
jhavZ
6-12months
hello
2023-01-04 18:36
Reply
0
0
随枫▽随性
more than one year
I am very satisfied with the transaction on Forex, and the transaction cost is relatively low. And the transaction execution is very fast, there is almost no difference between the time of placing an order, no slippage, and no delay. In short, he is a reliable old-fashioned trader, so I don't need to say more about it.
2022-12-14 14:26
Reply
0
6
Mohammed 9453
3-6months
best of the brokers with no commission
2022-12-08 22:56
Reply
0
0
Muhd9254?
3-6months
I take up seven years trading on Forex time it is making me profit and deposit and withdrawal process is successful relax with this broker fxtm
2022-12-08 19:19
Reply
0
1
alk
3-6months
this is so amazing and best broker to trade I can invest all my money because I really trust them
2022-12-08 18:54
Reply
0
1
UMKN
6-12months
This broker is among the best brokers I have ever seen. User friendly and easy to use. I love this broker very well.
2022-12-08 17:24
Reply
0
0
Habib84113
6-12months
Recomendable to any one my best ever
2022-12-08 14:12
Reply
0
0
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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com