CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ECN trading has been a milestone in the modern forex industry due to the transparency, ease and advantages that it entails. With direct access to liquidity providers and automatic matching and execution of orders, it has become the way forward for a vast majority of forex traders around the world.

What does ECN stand for? Electronic Communication Network. Whats the secret? Like much of the forex market mechanisms today, an ECN is an automated component of trading, since it connects traders to liquidity providers such as banks, brokerages and other traders round the world and eliminates the role of the traditional middleman. Traders get access to different prices from a variety of market participants directly on their trading platforms and are shown the best bid and ask prices available in the market. The matching and execution of orders ensues automatically and in this way the trader can always be sure that the broker they are using does not have any dealing desk involvement against them or the trade is processed on an STP (straight through process) basis. For each transaction, traders are charged a small fee by the broker.

Full transparency since the broker directly connects your orders to other market participants

NDD (No Dealing Desk) technology ensures that there will be no re-quotes

Very low or even no spreads during times of high market volatility

The best bid and ask prices available since a variety of market participants are involved

The high price volatility makes for a great environment for scalping

Trading is facilitated not only during, but outside market hours.

NewFXTM Invest now available with the ECN Account. Investors can follow your trading strategy, allowing you to potentially earn more.Read moreabout FXTM Invest.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

1Leverage is offered based on your knowledge and experience. The Leverage / Margin requirements may be subject to change as a result of applicable regulations in your country of residence.

2Please bear in mind that the Company may at its sole discretion change, within the hour before the close of the trading session on every Friday, the Stop Out and Margin Call levels from 50% to 100% and from 80% to 130% respectively, for all ECN MT4/MT5 accounts. Moreover, kindly note that the Company may extend these amendments for as long as it deems necessary after the market opening, by providing the Client with prior written notice.

3Spreads are floating and they may increase during specific periods of the day depending on the market conditions.

4Exotic pairs are not available for swap-free accounts.

6Please note that on all MT4 market execution accounts (ECN, ECN Zero and Pro), preset SL/TP levels are not permitted. If a client wishes to add SL/TP levels, the client can modify the existing position after the order is opened.

7For Spot Indices and Spot Commodities on ECN MT4 Account the Maximum volume per trade is 5 lots; for Spot Indices the Maximum Volume of lots per trade is 50 lots on ECN Zero.

8For Spot Indices and Spot Commodities on ECN MT4 Account: the maximum volume of all orders for Spot Indices is 15 lots and 50 lots for Spot Commodities.

9Commission on ECN MT4 is taken only when a position is opened, at double the levels listed in the table above (accounting for both the opening and the closing of the position). For further details of the Commission charges for ECN MT4 account, please refer to theCommissions Page.For ECN MT5Commission is fixed at $4 per lot, $2 are being charged when position is opened and $2 when position is closed.

10Please note that margin requirements may vary between symbols and servers. For further information please refer to theLeverage and Margin Requirementssection.

13FXTM applies dividend adjustments on Shares and Spot Indices when positions remain open on the ex-dividend date. If a client is holding buy positions his/her account will be credited with the fixed dividend amount. If a client is holding sell positions then the dividend amount will be debited from his/her account.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXTM brandis authorized and regulated in various jurisdictions.

ForexTime Limited( is regulated by the Cyprus Securities and Exchange Commission with CIF license number185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475.

ForexTime UK Limited( is authorised and regulated by the Financial Conduct Authority with license number 777911.

Exinity Limited( is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295.

Risk Warning:CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regional restrictions:FXTM brand does not provide services to residents of the USA, Mauritius, Japan, Alberta,British Columbia, Quebec, Saskatchewan, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus. Find out more in theRegulationssection of our FAQs.

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