|#||Exchage's Features||FXTM Availability|
|#||Accepts US traders||❌|
|#||24 hour trading||✔|
|#||Trading by phone||✔|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||✔|
|#||Interest charges on the balance||❌|
|#||24 hour support||✔|
Though FXTM is a reputable and well-established forex brokerage, licensed in several jurisdictions and with an impressive track record, especially when it comes to its endeavors to offer its clients solid forex and trading education, it may not be the first choice for all existing or aspiring traders.
More specifically, you might be better off seeking an alternative to FXTM if you wish to trade in an environment other than the MT4 platform since FXTM only offers this particular platform. Moreover, and depending on your trading preferences and style you might want to seek an alternative brokerage to FXTM in order to ensure more competitive spreads, especially if you are planning to trade via a standard account.
Finally, you might want to look for another broker if the tradeable assets offering at FXTM is not adequate for your own specific needs or if you wish to trade less popular assets in order to effective diversify your investment portfolio.
When seeking an FXTM alternative make sure the brokers you will consider fare better or at least equal the offering of FXTM, at least in those aspects which interest you the most. An FXTM alternative should have more assets available for trading and charge more competitive trading fees, but these advantages will mean much less if at the same time the alternative broker does not offer trading via a platform that is intuitive and easy to use, such as the MT4 which is used by FXTM, or if it's not regulated or enjoy a reputation which will inspire your trust and allow you to trade with confidence.
Named after the very large, distinctively shaped, fish preying hawk, which suitably decorates the brand’s logo, OspreyFX is a relatively new entrant in the world of forex brokerages, aiming to offer existing and aspiring traders an innovative venue in which they can satisfy all their trading needs, including the trading of cryptocurrencies.
Since its foundation in Israel in 2007, eToro has quickly climbed the ladder of the social trading revolution and proudly occupies the leading position as the world’s biggest social trading and investment platform, which is initially introduced in 2010.
Admiral Markets has been around since 2001 and has since built its reputation as a prominent forex and CFD market maker broker, serving clients in more than 40 countries across the world. The broker has earned licensing and regulatory status in a number of different jurisdictions, including by the strict UK regulatory body the FCA, which renders it a safe and reliable broker to be trading through.