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FM-fx Review

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FM-FX is a boutique company with high prestige and good customer service. Company has been in the market for three years. FM-FX has headquarters in Belize, with offices around the globe in places such as the U.K. It is regulated by Belize.
(http://www.ifsc.gov.bz/licensed-service-providers/list-f/)

FM-FX Trading Accounts

FM-FX provides several account types designed for experienced traders as well as for those who are new to the FOREX market. We refer PLATINUM Account for all traders, even though you are a new trader get the benefits of low spread. If you are a new trader, the company gives PLATINUM Account for $5K. This account is ideal for experienced traders wishing to leverage the full advantages of FX trading. Company allows up to 1:500 leverage.

FM-FX also offers two training accounts, which is available for 30 days – standard demo of$50,000 & mini demo of $2,000. Platforms for all account types are identical, however a separate username and password needs to be used for each type of account.

Account Types
Trading accounts are available in the form of:

Silver Trading Account
Maximum leverage ratio 1:200
5 days withdrawal processing time

Gold Trading Account
Maximum leverage ratio 1:400
3 days withdrawal processing time
Dedicated account manager
25% swap discount

Platinum Trading Account
Maximum leverage ratio 1:500
2 days withdrawal processing time
Dedicated account manager
News alert
Free VPS
50% swap discount
Islamic account available
The Islamic trading account is a trading account which conforms to the Islamic Sharia law on the concept of “No Riba”. It gives traders the benefit of:
Commission free trading
No interest on overnight positions
Dedicated account manager

In order to open a live trading account with FM-FX, you will need to make a minimum initial deposit of 250 USD/GBP/EUR/AUD.

FM-FX Overview

The advantage of Trading Forex online is having the possibility to deal with no Dealing Desk. With this option, traders basically trade on rates provided directly by the banks, which enables FM-FX to offer low variable spreads.
Besides the spreads company is not taking any other commission for daily trades. If you are long term trader you can use Islamic account as well.

FM-FX- Trading-platforms

FM-FX has three different trading platform options. Webtrader, Metatrader4, Mobile Metatrader4

 

Advantages

  • Free Senior Account Manager Service
  • 24/7 Customer Support
  • Training tools & research
  • Belize Regulation
  • Card Payment Safety with PCI

 

Disadvantages

  • Spreads Starts from 3 pips
  • Minimum Account is 250 (AUD, USD, EUR, GBP) available
  • Minimum position is 0.05 lot

We advise all traders to access to training tools and do some research

Tags: FM-FX Reviews, best forex broker, forex broker reviews, FM-FX scam, FM-FX feedback
FM-FX Reviews, best forex broker, forex broker reviews, FM-FX scam, FM-FX feedback

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