Is FXTM a scam
2024-03-25 15:28:21
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FXTM, also known as Forex Time, is a rapidly growing global forex platform that was first launched in 2011. In just a few years, FXTM has amassed over 2 million clients across 150 countries.

Forextime Limited is regulated by several reputable authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Conduct Authority (FCA) of the United Kingdom, and the International Financial Services Commission (IFSC) of Belize.

Since 2013, FXTM has continuously received numerous prestigious awards in the industry, such as Best Trading Experience (2019), Best Online Forex Trading Company in Nigeria, Forex Broker Award, Good Standing Investor and Training, Forex Brand of the Year 2018, and Best Forex Broker Award, among others.

Is FXTM a scam? It's important to note that some brokers may use the acronym FXTM to create confusion. The legitimate FXTM stands for ForexTime.

In terms of trading products, FXTM offers a diverse range of options. They provide access to over 50 currency pairs, 5 popular indices, energy products such as Brent Crude, WTI Crude, and Natural Gas, 4 major cryptocurrencies including BTC, ETH, LTC, and XRP, metals like gold and silver (5 pairs), and over 180 stocks. The breadth of products available at FXTM satisfies the needs of most traders, especially those interested in trading world-renowned stocks.

Is FXTM a scam?

Despite being a relatively young trading platform, having been established in 2011, FXTM enjoys a solid reputation among traders, backed by numerous credible licenses such as those from the FCA and CySEC. The broker is widely considered a trustworthy platform for forex and CFD trading.

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