About FXTM Singapore
FXTM operates within its core jurisdictions in Cyprus, the UK and Belize. However, it also has local offices in many countries such as Poland, Germany, Kenya, Nigeria, Tanzania etc. These offices have been established in conjunction with local partners in these countries.
FXTM provides ample opportunities for depositing funds into a trading account. Deposits can be made by credit cards, Skrill, Neteller, bank transfers, FasaPay, local bank transfers and international bank transfers. Other country-specific methods are also available.
CySEC, FCA and IFSC regulate FXTM. All these regulators offer an investor protection fund that allows its users to receive compensation in case of financial problems in the trader's account related to the broker's activity.
Demo account Forextime Singapore
To open a demo account, you need to register your personal cabinet. After entering the contact information and confirmation of the e-mail address, the user gets to the Personal Area with extended functionality. In the personal profile in the section "My accounts" - "Open an account" you need to select the menu "Demo account". This way, the user will be able to test what Forextime is and what trading conditions are offered to clients in reality.
Initial parameters of a demo account:
Leverage - 1:1000;
Currency - USD/EUR/GBP;
Virtual deposit - 1,000,000 (value can be changed).
The conditions state that when trading on virtual money quotes are also supplied by reputable financial centres, and spreads and commission are charged at the level of real accounts. It is possible to trade on DEMO without time restrictions.