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Everything you want to know about ForexTimeKnow everything about Voucher codes, offers and discounts atForexTime
ForexTime Margin & Leverage
You can view every single one of the margin and leverage requirements for ForexTime trades on the appropriate page on the broker's website. All the info is under the main category of Trading Accounts.
The margin requirements and leverage requirements are listed for Standard, ECN, and ECN Zero Trading Accounts. View the requirements in the categories of FX majors, FX minors, FX exotics, spot metals, BTCUSD, ETHUSD, LTCUSD, and RPLUSD.
For each of these, you can find the notional value for USD, EUR, GBP, or NGN, as well as the leverage offered and floating margin as a percent.
The commissions charged by FXTM vary based on account type. There is no commission on Standard Accounts, Cent Accounts, Shares Accounts, ECN Zero Accounts, or FXTM Pro Accounts. ECN Accounts have commissions of $2 per lot.
In the case of certain accounts, there are floating commissions. For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities.
You can view the specific floating commission rates under Trading Accounts on the Commissions page. You will also find commissions for stock trading via PRO MT5.
Bottom Line: FXTM has no proprietary platform. Clients of all account types except the Shares Account and the Cent Account (two types of Standard Accounts offered by FXTM) have a choice between using the extremely well-known and popular MetaTrader 4 or MetaTrader 5. Clients with a Cent Account or Shares Account must use the MetaTrader 4 platform and have no choice of platforms.
This will not be a problem for most traders as the old yet beloved MetaTrader 4 platform is still widely used. However, traders who dislike MetaTrader for any reason or who want features offered by other platforms may be disappointed. A further issue is that a slightly different range of assets is offered within the same account types depending upon whether MetaTrader 4 or MetaTrader 5 is used, meaning choice of platform requires some consideration of which assets you want to be able to trade.
Where a choice between the two platforms is available, it can be helpful to review the pros and cons of each to determine which is the better fit for you.
Broadly speaking, it can be well argued that MetaTrader 4 is more suitable for trading Forex while MetaTrader 5 is better suited for trading stocks and commodities. The other major difference between the two platforms is that MetaTrader 5 complies with the U.S.A.'s 'no hedging' regulation which states that brokerages there must process every trade on a first in, first out basis. This effectively makes precise hedging impossible.
Both MetaTrader 4 and MetaTrader 5 are available on all operating systems, tablet, mobile, app-based or web-based. Many users feel the apps tend to run with less glitches on a PC or laptop compared to the web version.
Commissions & Fees
Trading costs, including spreads plus any commissions, will vary at FXTM depending on the account that is established.
The firm also has less favorable margin rates on its Pro account, where leverage is capped at 200:1 for trades up to five million units. On its other ECN accounts, the same leverage can be obtained up to six million and even higher leverage for smaller trade sizes, making the Pro account less flexible for larger positions.
Finally, the threshold for when a stop out liquidation is triggered increases from 50% to 100% for ECN accounts in the hour before the close of trading on Friday. This would affect traders holding positions through the weekend as a stop out could trigger more easily.
FXTM is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority (FCA).
On the plus side, customer support gives fast and relevant answers. There are several educational tools, including demo accounts and webinars. The account opening is fully digital and fast.
FXTM has some drawbacks though: it charges high stock CFD fees, like inactivity and withdrawal fees, and the product range is limited.
As account opening only takes a short time, and customer support is helpful and reliable, feel free to try FXTM.
Vouchers to save at ForexTime
Looking for promotional codes and vouchers to shop and save at ForexTime? Check out our website for the latest coupon codes! We update the available list on a daily basis to ensure that you get to save when shopping online. To get the best and latest promotional codes, browse to the top of this page.
We are dedicated to helping our loyal visitors get discounts from as many online shops in the UK as possible. We have listed over 20,000 online shops based in the UK on our website each with a wide range of vouchers and coupon codes.
You will notice that there are vouchers for specific products and there are those for an assortment of products. Each of these vouchers can be used in the UK. We also offer promotional codes from brands and stores in China, Brazil, and Europe. This way, our loyal visitors will save when shopping internationally.
To find voucher codes on our website, we have selected the best voucher codes for ForexTime and placed them at the top of this page. As a result, we have saved time for our loyal visitors. So, if you are shopping at ForexTime, use coupon codes from our website. That way, you will save and enjoy your shopping experience.
What is a ForexTime voucher code?
This is a unique code generated by a computer algorithm designed to offer you discounts on your next order. Also referred to as a promotional code, discount code or promo code, online stores from around the world use the alphanumeric code to offer discounts to their customers.
How can I use ForexTime discount code?
Our voucher codes can be used in two ways. In method one, click 'SHOW CODE', copy and paste it into your shopping cart. Method two is where you click on 'VIEW OFFER' and you should be directed to the webshop. Here, the discount will be applied immediately.
How to locate voucher codes at 1001vouchercodes.co.uk?
Start by looking for your favourite store using the search function at the top of this page. If you are in search of a specific brand or product, type the name in the search bar. You can use the following function 'CATEGORIES' or 'SHOPs A-Z.'
You can also copy the voucher from ForexTime by clicking at 'VIEW OFFER' or 'SHOW OFFER.'
If the voucher code is not showing, copy it by clicking 'COPY'. If the modal is not showing, click on the big blue button with the label 'VISIT ForexTime.'
At ForexTime, you can select one or more products and add them to your shopping cart. Once you are done shopping, take a close look at the shopping cart for the space made available for your promo code. Before checkout, enter the discount code in the space provided and it should be applied automatically.
Check to ensure the voucher code is added correctly. If the voucher is not valid, then it has expired. In addition, the voucher may be valid for another product. In such a case, get another voucher code that applies for that product. Don't forget to read the terms of the discount code.
If you are successful in applying the code, share our website, voucher codes, promotional codes and offers with family and friends so that they can save too.
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