Forex Market Hours Forex Market Time Converter
When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. One of the most exciting aspects of FXTM’s range of CFDs to trade is the fact that traders no longer have to change platforms to trade stocks CFDs. Simply trade all asset classes under a single account on the one trading platform. FXTM offers six account types, split into two main categories. Each account type allows clients to focus on different asset classes, as well as offering different spread and commission price models. You can view the full FXTM standard vs ECN account page or a summary is below.
That mobile application includes unlimited access to MyFXTM as well as cross-platform trading, 250+ financial instruments, no need for extra downloads. Those with Лайм ФХ accounts can use MetaTrader 4 and MetaTrader 5. This compatibility with the top forex trading platform eliminates the learning curve for those who switch to FXTM from another broker. This financial market is now more accessible than ever, as technology allows traders to buy and sell stocks anytime, anywhere. The forex market is open 24 hours a day during the weekdays which allows traders to potentially trade all day and all night.
As mentioned, Лайм ФХ supports mobile trading for convenience. This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices. This lets you access the markets on a PC or Mac without the need to download any software. Those who prefer to trade on the go will also appreciate the support for applications for tablets and mobile devices.
Licenses & Regulations
FXTM offers this since it makes it possible to make a profit even when asleep. Of course, automated trading can lead to losses as well as profits, as everything depends on your strategy and the market. The system will automatically trade for clients based on the strategy you implement. This method lets Лайм ФХ clients create their trading strategy or choose the strategy of someone else. They can then use an automated trading system, such as Expert Advisors, to follow the trading strategy.
- Forex Sessions are basically stock exchange time across the globe.
- ECN Zero Account
An FXTM ECN Zero Account has all the features of the ECN account above but without the commission charges.
- FXTM’s three non-ECN accounts are the Standard, Cent, and Shares accounts.
- Calculate the foreign exchange rates of major FX currency pairs.
- Лайм ФХ offers a loyalty program in the form of Loyalty Cashback.
If you’re a new trader who’s looking to learn how to trade, FXTM is worth a look. FXTM encourages traders to download both the MT4 and MT5 platforms, then use limefx company reviews them in parallel before making their final decision. However, while the broker ensures that they won’t be deactivating MT4 soon, it will happen eventually.
Trading platforms
Additionally, FXTM offers a quarterly market outlook so traders can stay ahead of the markets. This market outlook includes the potential movements within the forex and commodity markets in the coming months. Its user-friendly features are cutting-edge, and they will have access to all of the major trading instruments. They will also get automated trading via Expert Advisors, and support for multiple currencies and languages. 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 get assistance from agents 24 hours a day over the phone, via live chat, or through third-party platforms like WhatsApp and Telegram. A major advantage of using this trader is that FXTM is regulated by authorities in the UK and Cyprus, both of which have deposit protection insurance. As a consequence, if you are trading from within the EU or UK through FXTM, you could be eligible for £85,000 or €20,000 in cases https://limefx.vip/ of brokerage insolvency. ECN accounts are designed for forex experts and don’t have a maximum number of orders or volume of lots in an order. Trading with an ECN account results in a better rate thanks to a reduced average percentage in point (pip) values but requires a higher minimum deposit amount. FXTM Pro ECN accounts, for example, only offer super low spread values if a balance of 25,000 USD/EUR/GBP is maintained.
Customer Support
This is a very strong indicator that the company has great customer service and client satisfaction. For those who cannot attend any of the workshops or seminars, Лайм ФХ also offers free trading webinars to its clients. These take place nearly every single day and are in a range of languages with a variety of topics. There are 8 timeframes, real-time updates with commentary, a user-friendly interface, and downloadable pivot point indicators. Also, over 250 financial instruments, and MACD, moving averages, and momentum. It also features insights that can help you develop a trading strategy.
There is fast execution and the availability of micro and mini lots. Лайм ФХ is well regarded in the industry with competitive spreads and is regulated in the UK by the FCA and Cyprus by CySec. Over 4 million people worldwide have chosen FXTM, and thousands of new traders continue to jump on board each month.
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 here. You can view every single one of the margin and leverage requirements for Лайм ФХ trades on the appropriate page on the broker’s website. The NDD technology mentioned lets Лайм ФХ work with various liquidity providers. That gives the clients the best possible prices for both bid and ask.
All clients can also deposit via cryptocurrencies, Dusupay, Alfa-Click, Dixipay, WebMoney, Yandex.Money, QIWI, Perfectmoney, Bitcoin via Skrill, Bitcoin, or Konnexone. Лайм ФХ offers dozens of deposit and withdrawal methods as a way to appeal to a wide range of clients. Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers.
ECN Zero Account: $200 min. depositNo commissions, no requotes, super tight spreads
Our 2023 FXTM review has rated them the best forex education broker. The resources that FXTM has put into both education and analysis exceeds anyone else in the entire industry. As you can see by the multiple business divisions, FXTM is a truly global forex broker. As a result, their customer support is diverse and wide-reaching to match each client’s needs depending on the region. If you’re looking to take advantage of movements in an entire country’s stock market, you’re still able to trade index CFDs on MT4 with FXTM. FXTM’s Indices markets have some of the lowest spreads, making them a popular choice.
Online Stock Trading Guide
There are at least several workshops or seminars every week, so there should be one that appeals to most clients. This calculator has you input your investment amount, your expected profit, your profit share, and your gross withdrawal amount. This will give you the amount paid to the manager based on the profit share and the net withdrawal. It lets you combine three popular indicators with five calculations for pivot points to improve your financial strategy. One of the innovative tools offered by Лайм ФХ is FXTM Pivot Points Strategy which lets you identify the market sentiment immediately.
Finally, info on sell, buy, consecutive losses, greatest losses, and maximum simultaneous orders. Underneath this, you can find additional information such as statistics per instruments like profitability, pip, average pip, SL/TP, average SL/TP, duration, and type. Also, the trades by hour and trades for specific days of the week.
FXTM is a global MT4/MT5 forex broker giving traders access to a wide array of markets. Sometimes referred to as Лайм ФХ, FXTM offers clients low-cost trading, fast execution and world-class forex education. Forex Sessions are basically stock exchange time across the globe. Thus it moves the currency market as traders are buying and selling stocks with currencies. FXTM allows clients to trade all the major cryptocurrencies, in the form of CFDs. All cryptocurrency CFDs are traded in currency pairs just like forex markets, against the US Dollar.