The last two of these figures include profitable and unprofitable trades separately. Below this are general statistics, including total trades, profitable (and unprofitable) trades by percent, average trade length, consecutive wins. Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits. It has spreads from 0.1, a SWAP-free option, and the same currency options as well.
As mentioned, xcritical supports mobile trading for convenience. This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices. Many traders appreciate the fact that automated trading ensures you do not miss any opportunities if you cannot watch the markets 24/7. 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.
How do you withdraw money from FXTM?
In MyFXTM, you can also use some more technical research tools. There is a tool called FXTM Pivot Points Strategy that helps you to analyze price direction and market sentiment. You can find them in MyFXTM, under ‘Trading Services,’ and within that the ‘FXTM Trading Signals’ section. All clients except UK and EU clients, can use FXTM Invest, a social trading service. This means, if you are onboarded under Mauritius regulation (FXTM’s Exinitiy Ltd entity) you’d be able to use this feature.
- ‘Pip’ stands for ‘point in percentage’ and measures the movement in the exchange rate between the two currencies.
- If you use credit/debit cards or electronic wallets, you can only withdraw up to the amount you have deposited via the same method.
- It also includes hedging and netting functionality, built-in chat, push notifications, up-to-date financial news.
- This holds for the stock index and commodity CFD product offering as well, while the number of stock CFDs is low compared to competitors.
- You need to know when the forex market opens and closes as well as the four main trading sessions.
This feature is available only on the desktop trading platform. In this review we tested MetaTrader 4, as it is available for all account types and is more used by customers. You can only deposit money from accounts that are in your name.
What is a margin call?
Determine a trading position’s profits or losses at different market prices. The cashback can be then withdrawn with the available options in the withdrawal page. Your xcritical / FXTM cashback is reported in real-time in your dashboard and the cashback
is usually released a few days after the end of the month which is when we collect your cashback
from xcritical / FXTM. FT Global also prides itself on delivering full transparency. The company must periodically report to its regulators and always meets strict financial standards.
Commodity trading has become more convenient thanks to the FXTM exchange, where traders can access the commodity market more easily than by buying the commodities outright. At FXTM, traders can do trading CFDs on US natural gas, US crude oil, and UK Brent oil. The prices of energy and oil products keep fluctuating based on a number of factors, such as general confidence prevailing in the world economy and demand & supply for the products.
Pip Value Calculator
The FXTM mobile trading platform and the desktop trading platform support MetaTrader MT4/MT5 and a new FXTM Trader app. The MT4 trading platform on FXTM supports multiple languages, more than 20 languages, and is compatible with both demo accounts and live ECN accounts. It is an industry-standard trading platform that provides access to financial instruments and https://dreamlinetrading.com/ markets, CFDs, indices, stock trading, and forex. The platform is free to use and allows traders to manage their trades and analyze different markets. FXTM web trading platform offers new traders an excellent user-friendly experience with enriching educational materials, including live webinars, videos, tutorials, live updates, and local forex trading seminars.
- According to these FXTM broker reviews, FXTM offers great customer support and assistance in multiple languages via different channels.
- Both existing and new clients can reach the customer support team via live chat, phone support, and email support.
- The account types differ according to the countries they are available in, the pricing, the minimum deposit, the available trading platform, and the products you can trade with.
- Additionally, it includes keeping data integrity and ensuring all data stays unchanged throughout a transmission.
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. FXTM also delivers fast execution as transactions are executed immediately.
Forex market hours in trading
Beginner traders also get free access to educational tools such as demo accounts that allow them to experiment with the forex trading platform without making any real money investments. FXTM supports using popular MT4/MT5 trading platforms that offer a sophisticated and familiar user interface for professional traders to start trading immediately. When we compare FXTM with other brokers, it offers various trading account types and trading platforms. The ECN account offers the most viable solution for professional traders who want to earn money rather than lose their money in the financial market without trading the market themselves. High-volume and more experienced traders certainly benefit from the tight spread and access to an electronic communications network account or ECN account opening that allows them to gain access directly to the market.
The brokers have developed a comprehensive library, also known as the Beginner’s Guide, to familiarize new traders with forex terminologies, currency pairs, and many more. FXTM Group aims to give the tightest spreads at the best prices. The FXTM web trading platform spread starts at 0 pips on forex currency pairs such as GBPUSD and EURUSD. Traders can maximize their potential with the improved pricing structure as they participate in market execution and instant execution of trading and investments; it also doesn’t have high non-trading fees.
Strategy Managers can receive a commission on every winning trade. The real stock selection lags behind that of XTB, while similar to XM’s. FXTM has a great mobile trading platform, we really liked its design and user-friendliness. After you download the MT4 mobile trading platform, you have to access the FXTM server, e.g. Similarly to the web trading platform, we tested this mobile trading platform.
FXTM Trading Tools Profit Calculator – FXTM
FXTM Trading Tools Profit Calculator.
Posted: Mon, 14 May 2018 16:28:33 GMT [source]
It also includes encryption of data transmission as a way to stop unauthorized third-party access and data theft. The encryption includes server authentication and user identification policies. Thus, ensuring the data gets sent to the proper server and customer terminal. In terms of security, FT Global utilizes the SSL (Secure Sockets Layer) protocol for network security.
Can you open an account?
FXTM forex brokers provide the most attractive trading environment for both beginners and experienced traders. That being said, there is great potential for many traders to use large trades without paying additional trading costs. Being an excellent CFD broker, FXTM CFD broker xcritical rezension offers both market execution and instant execution based on the FXTM trading accounts. Minimum deposits and FXTM spread are quite low, and copy trading and real stock trading features are also offered on the desktop trading platform, which strategy managers can also manage.
There is also a section where the Strategy Manager tells you about the Strategy and any other additional relevant information. Below this, you will find charts and graphs detailing returns and monthly statistics by trades. There is no last-look pricing and this account takes advantage of deep liquidity right from xcritical’s tier-1 providers. xcritical’s minimum and maximum deposits depend on the type of account that you choose. The methods for withdrawal are nearly identical, with a few differences. You can withdraw, for example, via China Union Pay and cannot withdraw via Alfa-Click or Cash U. Most withdrawal processing times are 24 hours with the exception of China Online Banking which takes 48 hours.