ForexTime, a forex broker in the EU is a broker that we like for several reasons, not the least of which is the tight spreads that are seen in the various pairs. The owner, Andrey Dashin was one of the driving factors behind his first company, Alpari. Because of this, you know that the leadership with this brokerage is well-versed, and knows exactly how to treat customers.
The brokers also offers CFD, which means that not only trading currencies are offered, but so are spot metals, commodities, ETFs and shares of stock. In other words, the world is offered at this broker, and with this it allows you to trade as some of the largest hedge funds in the world do – ignoring international borders.
- Founded in:
- Limassol, Cyprus
- The Owner:
- ForexTime, Ltd.
- +357 25 558 775
- Minimum lot size:
- Maximum Leverage:
- up to 1000:1
- Minimum Deposit:
- Maximum per Trade:
- Languages available:
- English, Arabic, French, Indonesian, Spanish, Chinese
The trading platforms offered are the MetaTrader 4 and MetaTrader 5 platforms for PC, Mac, and mobile devices. The platforms are global in their appeal, and as a result there are without a doubt the most add-ons and EAs for these platforms.
The broker offers various bonuses, webinars for education, and free market analysis. The broker also offers seven different types of accounts, so that those of you that cannot gain interest due to religious reasons can trade here as well.
The spreads are very tight, and there are over 100 trading instruments. The leverage varies depending on equity position, but the one thing in common is that the leverage is large. The ability to compound gains through this is of course one of the biggest advantages of Forex and CFD trading – so with the massive leverage here – it is even better!
Customer support is available in various languages and at offices around the world. Because of this, you will find answers to any questions you have at almost any time of day or night in a relatively local number. The email addresses can be utilized as well, so there is always someone to talk to if there is a question or issue.
ForexTime is without a doubt a very interesting place to trade at. The massive variety of instruments offered makes this a great international broker, and is a great place to diversify your trading and investments. The spreads are very tight, and there are almost always bonuses available, (check the site) and as a result there is plenty of value to be found at this highly-regulated broker.
The ability to take advantage of the various markets allows the trader to utilize cross-market correlations, and the process of hedging in some other markets. Also, if you are trading CFDs, you can control leverage in a much more efficient manner than you can in the futures market or stock market. With this, you get the best of all worlds.