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A review of FXTM, a multi-entity CFD broker. Four licences: the FSC of Mauritius (C113012295), the FSCA of South Africa (FSP 50320), the CMA of the UAE (20200000270) and the CMA of Kenya (135). The desk recorded five live accounts, spreads from 0.0 pips, leverage to 1:5000, over 1,000 instruments, MetaTrader 4 and MetaTrader 5, and 64 awards. Reservations: leverage, and no compensation scheme.
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Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.