What is FXTIME?
FXTIME is a forex and CFD broker based in Cyprus, listed with a foundation year of 2020. It offers leverage up to 1:100, spreads from 1.0 pips and a minimum deposit of $250. Clients trade on FX Time Webtrader.
FXTime is an online trading broker that trades on Forex, Commodities, Stock Shares, Indices, and Cryptocurrencies. This broker is based on webtrader platform. They have named their webtrading platform as FXTime Webtrader. FXTime is a powerful, elegant, and sophisticated web-trading platform that synchronizes perfectly with a client's trading strategies. The user interface of this webtrader is completely customized. The features on this webtrader are also customizable. It helps a trader to differentiate from the rest. Besides being a web trader, it also has mobile applications.
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FXTIME: Key Facts
FXTime is offering three types of accounts to their clients. These three accounts are titled Basic, Standard, and Premium. All these accounts have different minimum deposits, spreads, and leverage. These accounts come with various features. All these accounts are supported on the mobile application along with FXTime Webtrader. All of these account holders will get 24/5 calls, Email, and Chat support.
The Basic account requires a minimum deposit of $250 to start. This is a commission-free account. The spread in this account starts from 1.0 pips. The leverage available on this account is between 1:100 to 1:200.
The Standard account starts with $2,500 of minimum deposit. The spread is this account is 0.0 pips. The spread on this account is between 1:200 and 1:300. The commission in this account is $25 per $100,000. Finally the premium account which starts from $25,000 of minimum deposit. This account also has the spread starting from 0.0 pips. The leverage in this account is 1:300 to 1:400 to 1:500. The commission in this account is $50 per $100,000.
FXTIME FAQ
Is FXTIME a good broker?
FXTime is offering three types of accounts to their clients. All these accounts are supported on the mobile application along with FXTime Webtrader.
What should traders know about FXTIME?
This broker is based on webtrader platform. The user interface of this webtrader is completely customized. The features on this webtrader are also customizable.
Who is FXTIME best for?
It helps a trader to differentiate from the rest. Besides being a web trader, it also has mobile applications.
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Is FXTIME safe and regulated?
FXTIME is regulated by FX Time has no regulatory license. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
FXTIME account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $250 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
FXTIME provides FX Time Webtrader, so you can trade from any browser without installing software.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 1.0 pips on major currency pairs.
- Leverage up to 1:100 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
FXTIME supports 4 funding methods, including Visa, MasterCard, Maestro, and WireTransfer. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
FXTIME bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current FXTIME promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FXTIME website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
FXTIME pros and cons
Pros
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- $250 minimum deposit is higher than some rivals
- FX Time Webtrader only in our listing, no MT4/MT5 confirmed
- No Islamic account listed
How to open a FXTIME account
- RegisterVisit the FXTIME website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $250 with Visa, MasterCard, Maestro or another method.
- Start tradingLog in to FX Time Webtrader and set your risk per trade.
Is FXTIME a good broker? Our verdict
FXTIME suits active traders who want freedom to scalp or trade the news. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.