![]() They are required to meet stringent conditions before they are licensed. Only regulated brokers can give that assurance. Regulation – As a trader, your deposits must be safe.You can also read our comprehensive guide on how to choose a good forex broker. Here are the criteria we used for the Forextime review. ![]() ![]() Opening an account is a lot easier – you can submit proof of residence in another person’s names – say, your landlord, spouse, et.c. 4661 to support of the Nigerian Naira.Īnd a growing adoption of local payment solutions.įorexTime is a forex broker that accepts mobile money deposits and withdrawals – M-Pesa, MTN Mobile Money, Airtel Money, among others. We love FXTM because it has made effort to become a local broker.įrom regulation with the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. Over the years it has collected for itself a number of awards that earn it a place in our exclusive club of the best forex brokers to trade with.įXTM offers investors two account types Standard and ECN where they can trade forex, spot metals, and shares. In this FXTM review you will learn why thousands of traders flock to ForexTime(FXTM)įounded in 2011, ForexTime – FXTM – is authorized and regulated in various jurisdictions to provide online trading services.
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