If you’ve been keeping up with the current trend, chances are you are trying to get into trading and investing your money as well. The biggest problem with trading right now is to find a good broker, and with so many brokers available, it is difficult to choose one. If your decision is based on a whim and not from trusted sources, then you are most likely to lose your investment.
We are here to talk about one of the upcoming companies in the trading field right now: FMTX trading company. If you are looking for a broker, and are considering FMTX trading company as one of the potential brokers, then make sure to read the whole article. Here’s the FXTM review for 2021.
Benefits that the company provides
Starting with the introduction, FMTX, pronounced as ForexTime, was founded in 2011. The idea of the company was to allow its customers to make a profit by the means of active trading or other investment programs. The company is managed by Cyprus Securities and Exchange Commission (CySEC), the South African Financial Sector Supervision Authority, and many other big names in the industry. Here are some of the advantages while trading through FMTX:
- The company allows you to have a wide range of trading accounts.
- They also provide you with a large number of training materials.
- They allow the usage of automated programs in trading.
Disadvantages of FMTX
Although the company received many awards, such as the Best Trading Conditions in 2019 and Most Innovative Broker in 2018, there are some things that the company can improve on:
- Sometimes the withdrawal of funds is delayed.
- If you are into an investment, then copy trading is the only option that the company offers.
- Customer support can be improved upon in terms of speed.
- On weekends i.e. Saturday and Sunday the broker is closed.
While there are some things that can be better, the company shows huge potential overall. The company is using new technology to further enhance the trading conditions for its customers. If you can overlook some of the disadvantages, then it will prove to be a great choice.