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An international Forex broker, ForexTime offers its customers the best services for trading stocks, bonds, commodities and foreign currencies.
ForexTime offers a choice between the Standard and ECN account. A standard account allows traders to have full control over their trading. There is no commission in this account, while traders can choose from a standard, fixed spread or cent account.
The second option is for an ECN (Electronic Communications Network) account. This allows ForexTime to assist their customers with an automated trading tool that picks the best currency pair prices from a variety of market participants. Commissions are taken every time a position is opened on an ECN account.
The company offers tight spreads that start at 0 pips.
ForexTime has a floating leverage policy, with customers able to choose their leverage from 1:1 to 1:1000.
Bonus and Trading System:
ForexTime is currently offering a 200% cash back bonus on all new accounts. For every lot traded, a customer gets $2 from ForexTime. Customers can choose between MetaTrader 4 and MetaTrader 5 for managing their account. These software are available for PC, Mac, iPhone, iPad, Android smartphones and tablet computers.
ForexTime is regulated by the Cyprus Securities and Exchange Commission, in addition to being a member of ICF (Investor Compensation Fund). These regulations stretch to Europe, the Middle East and Africa.