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___ * * HELP CENTRE * CONTACT US * OPEN ACCOUNT * LOGIN * ABOUT * About Us * Why FXTM * Awards * Fund Safety * Trading Statistics * Frequently Asked Questions * Costs * Deposits and Withdrawals * Trading Commissions and Fees * Promotions * Promotions and Contests * MARKETS * Instruments * Markets Overview * Contract Specifications * FX * Forex * Major Currency pairs * Metals and Commodities * Spot Metals * CFD Commodities * Stocks and Indices * Stock Trading * Stock CFDs * CFD on Indices * Crypto * Crypto CFDs * TRADING * Accounts * Accounts Overview * Advantage Account * Advantage Plus Account * Demo Accounts * Platforms * Platforms Overview * MT4 * MT5 * Mobile Trading * Tools * Tools Overview * PIP Calculator * Profit Calculator * Margin Calculator * Trading Signals * Terms * Holiday Trading Schedule * Leverage and Margin * FXTM INVEST * FXTM Invest * FXTM Copy Trading * Strategy Managers * Ultimate Guide to Copy Trading * EDUCATION * Trading Education * Expert Trader * Education Overview * Videos * Glossary * Market Analysis * Daily Market Analysis * Market Analyst Team * Economic Calendar * Top Guides * Forex Trading for Beginners * CFD Trading for Beginners * Index CFDs Trading * AFFILIATES * Affiliates * Commission * Affiliates FAQs * * ABOUT * MARKETS * TRADING * FXTM INVEST * EDUCATION * AFFILIATES * OPEN ACCOUNT * BACK * ABOUT * About Us * * Why FXTM * Awards * Fund Safety * Trading Statistics * Frequently Asked Questions * Costs * * Deposits and Withdrawals * Trading Commissions and Fees * Promotions * * Promotions and Contests * OPEN ACCOUNT * BACK * MARKETS * Instruments * * Markets Overview * Contract Specifications * FX * * Forex * Major Currency pairs * Metals and Commodities * * Spot Metals * CFD Commodities * Stocks and Indices * * Stock Trading * Stock CFDs * CFD on Indices * Crypto * * Crypto CFDs * OPEN ACCOUNT * BACK * TRADING * Accounts * * Accounts Overview * Advantage Account * Advantage Plus Account * Demo Accounts * Platforms * * Platforms Overview * MT4 * MT5 * Mobile Trading * Tools * * Tools Overview * PIP Calculator * Profit Calculator * Margin Calculator * Trading Signals * Terms * * Holiday Trading Schedule * Leverage and Margin * OPEN ACCOUNT * BACK * FXTM INVEST * FXTM Invest * * FXTM Copy Trading * Strategy Managers * Ultimate Guide to Copy Trading * OPEN ACCOUNT * BACK * EDUCATION * Trading Education * * Expert Trader * Education Overview * Videos * Glossary * Market Analysis * * Daily Market Analysis * Market Analyst Team * Economic Calendar * Top Guides * * Forex Trading for Beginners * CFD Trading for Beginners * Index CFDs Trading * OPEN ACCOUNT * BACK * AFFILIATES * Affiliates * Commission * Affiliates FAQs * OPEN ACCOUNT Skip to main content LIMIT YOUR COSTS, MAXIMISE YOUR POTENTIAL. Trade FX majors with spreads from 0 on our Advantage account. Open account Trading is risky LEARN. TRADE. GROW. Upskill and change your tomorrow Come along to the FXTM Academy Seminar, an in-person introduction to the financial markets. Register below to attend. When: 24th February, 2024 at 10am Location: Mina Morrison Centre, 86/88 Olu Obasanjo Road, Opp. FCMB. Port Harcourt Register Now Trading is risky RELEASE YOUR INNER TRADER Learn to trade at your own pace with our free educational resources. Learn more Trading is risky JOIN FORCES WITH A LEADING GLOBAL BROKER AND START GETTING MORE FROM THE MARKETS With friendly Customer Support, the latest technology and a range of account types, we've got everything you need to discover better trading. WHY CHOOSE FXTM? COUNTLESS OPPORTUNITIES Make the most of market moves. Access hundreds of instruments across FX, indices, commodities and stocks. EXCEPTIONAL VALUE Keep more of your returns. Trade your favourite assets with super-tight spreads, low commissions and pinpoint execution. FIRST-CLASS EDUCATION Knowledge is power. Pick up the skills you need to succeed with our free online resources. TOTAL FUND SECURITY Trade with peace of mind. Your funds are fully segregated from our own and insured up to $1m. Countless opportunities Make the most of market moves. Access hundreds of instruments across FX, indices, commodities and stocks. Exceptional value Keep more of your returns. Trade your favourite assets with super-tight spreads, low commissions and pinpoint execution. First-class education Knowledge is power. Pick up the skills you need to succeed with our free online resources. Total fund security Trade with peace of mind. Your funds are fully segregated from our own and insured up to $1m. EXPERT TRADER Already trading? Sharpen your edge with the latest market updates, expert analysis, real-time prices, and innovative trading tools. Expert Trader WHAT IS FOREX TRADING? Forex (also known as FX) is short for foreign exchange the global marketplace to buy and sell foreign currencies. This market is worth over $6 trillion daily, with central and private banks, hedge funds, traders, and travelers worldwide open 24 hours a day, 5.5 days per week exchanging money at different prices. Currency prices change every second, giving investors limitless opportunities to enter trades. And investors try to make money by correctly predicting the price movements of different pairs. WHAT IS TRADING? Trading is the buying and selling securities, such as stocks, bonds, currencies, and commodities, to make a profit. And success depends on a trader's ability to be profitable over time. Investors try to forecast market price movements and profit from buying or selling an asset at a higher or lower price. You can 'go long' and buy a security, hoping it will go up in value and give you a profit, or you can 'go short' and sell in the belief that it will go down in value. DEMO ACCOUNT Power up your trading skills Master the markets and skill up to the next level on our free demo account. Explore hundreds of instruments and tools, and practise trading with zero risk. And when you feel more confident, switch over to a live account and start trading for real. Open Demo FXTM Trader HOW TO OPEN A DEMO ACCOUNT Create a MyFXTM profile Choose Demo account Log into your trading platform Start trading, risk-free! Create a MyFXTM profile Choose Demo account Log into your trading platform Start trading, risk-free! HINTS FROM EXPERTS "Practicing in a simulated trading environment is a great way to get to know the trading platform before going live with actual money." Han Tan "Trading is a serious activity. Traders need to know how to use the platforms and the key indicators to make the most of the market opportunities. A demo account allows you to do exactly that" Lukman Otunuga "I would encourage everyone to get a feel for real market conditions and practice the self-discipline required to trade successfully. Our FXTM demo accounts provide an ideal and risk free first step ." Christopher Lodge Trade on the go, straight from your phone Never miss another trading opportunity again. Get the FXTM Trader app for commission-free trading and spreads as low as zero on major FX pairs and gold. Everything you need. One app. TRADING PLATFORMS MetaTrader is the universally popular online trading platform that lets you monitor the markets and trade in real-time. When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. COPY TRADING WITH FXTM Trade setups done for you Follow strategy managers and copy their trades, removing the hassle of having to trade yourself. Get started with as little as $100 today. Start Copy Trading TRADING BASICS All guides WHAT IS FOREX TRADING AND HOW DOES IT WORK? Take your first steps into FX trading with our comprehensive beginners guide for Forex! not sure where to start? You’re in the right place. Read article ONLINE STOCK TRADING GUIDE This financial market is now more accessible than ever, as technology allows traders to buy and sell stocks anytime, anywhere. Read article GETTING STARTED WITH BULLISH CANDLESTICKS Uncover more information about stock markets by learning how to see bullish candlestick patterns, and put them to work within your technical analysis. Read article WHAT IS ECN TRADING? ECN Trading provides you with tighter spreads and greater in-depth market pricing. Learn more about how an ECN Account can benefit you. Read article A GUIDE TO STOCK INDICES This guide delves into the different types of market indices, why it can be beneficial to trade them as CFDs, and covers some popular index trading st... Read article OIL COMMODITY TRADING: HOW TO TRADE OIL Learn the basics of oil trading, including what impacts oil prices, popular strategies and the different ways you can trade it. Read article WHAT IS FOREX TRADING AND HOW DOES IT WORK? Take your first steps into FX trading with our comprehensive beginners guide for Forex! not sure where to start? You’re in the right place. Read article ONLINE STOCK TRADING GUIDE This financial market is now more accessible than ever, as technology allows traders to buy and sell stocks anytime, anywhere. Read article GETTING STARTED WITH BULLISH CANDLESTICKS Uncover more information about stock markets by learning how to see bullish candlestick patterns, and put them to work within your technical analysis. Read article WHAT IS ECN TRADING? ECN Trading provides you with tighter spreads and greater in-depth market pricing. Learn more about how an ECN Account can benefit you. Read article A GUIDE TO STOCK INDICES This guide delves into the different types of market indices, why it can be beneficial to trade them as CFDs, and covers some popular index trading st... Read article OIL COMMODITY TRADING: HOW TO TRADE OIL Learn the basics of oil trading, including what impacts oil prices, popular strategies and the different ways you can trade it. Read article WHAT IS FOREX TRADING AND HOW DOES IT WORK? Take your first steps into FX trading with our comprehensive beginners guide for Forex! not sure where to start? You’re in the right place. Read article ONLINE STOCK TRADING GUIDE This financial market is now more accessible than ever, as technology allows traders to buy and sell stocks anytime, anywhere. Read article GETTING STARTED WITH BULLISH CANDLESTICKS Uncover more information about stock markets by learning how to see bullish candlestick patterns, and put them to work within your technical analysis. Read article WHAT IS ECN TRADING? ECN Trading provides you with tighter spreads and greater in-depth market pricing. Learn more about how an ECN Account can benefit you. Read article ADVANCED GUIDES All advanced videos WHAT ARE SWAPS? A swap in forex refers to the interest that you either earn or pay for a trade that you keep open overnight. There are two types of swaps: Swap long (used for keeping long positions open overnight) an... indices Watch video WHAT IS SELL STOP LIMIT VIDEO Now that we know what Buy Stop Limit is, it’s only natural to talk about its selling counterpart. The pending order called “Sell Stop Limit” combines Sell Stop and Sell Limit orders, and is currently ... Watch video WHAT IS MARGIN LEVEL? Put simply, Margin Level indicates how “healthy” your trading account is. It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. As a formula, Margin Leve... Watch video WHAT IS BUY STOP LIMIT? Now that we know what Buy Stop and Buy Limit orders are, it’s time to find out about the pending order that combines the two. This is called the “Buy Stop Limit” and at the time of making this video, ... Watch video BASE AND QUOTE CURRENCIES In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. So for example, EURUSD, means that the base currency is t... indices Watch video WHAT IS A TREND REVERSAL? A trend reversal marks the end of an existing trend and the beginning of a new one. A reversal may happen in any timeframe and can mean the difference between a big win, a break-even, or a loss. Being... Watch video WHAT IS A TRAILING STOP? Another popular tool that traders use is the Trailing Stop. Trailing Stop is placed on an open position, at a specified distance from the current price of the financial instrument in question. The dis... Watch video WHAT ARE SWAPS? A swap in forex refers to the interest that you either earn or pay for a trade that you keep open overnight. There are two types of swaps: Swap long (used for keeping long positions open overnight) an... indices Watch video WHAT IS SELL STOP LIMIT VIDEO Now that we know what Buy Stop Limit is, it’s only natural to talk about its selling counterpart. The pending order called “Sell Stop Limit” combines Sell Stop and Sell Limit orders, and is currently ... Watch video WHAT IS MARGIN LEVEL? Put simply, Margin Level indicates how “healthy” your trading account is. It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. As a formula, Margin Leve... Watch video WHAT IS BUY STOP LIMIT? Now that we know what Buy Stop and Buy Limit orders are, it’s time to find out about the pending order that combines the two. This is called the “Buy Stop Limit” and at the time of making this video, ... Watch video BASE AND QUOTE CURRENCIES In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency. So for example, EURUSD, means that the base currency is t... indices Watch video WHAT IS A TREND REVERSAL? A trend reversal marks the end of an existing trend and the beginning of a new one. A reversal may happen in any timeframe and can mean the difference between a big win, a break-even, or a loss. Being... Watch video WHAT IS A TRAILING STOP? Another popular tool that traders use is the Trailing Stop. Trailing Stop is placed on an open position, at a specified distance from the current price of the financial instrument in question. The dis... Watch video WHAT ARE SWAPS? A swap in forex refers to the interest that you either earn or pay for a trade that you keep open overnight. There are two types of swaps: Swap long (used for keeping long positions open overnight) an... indices Watch video WHAT IS SELL STOP LIMIT VIDEO Now that we know what Buy Stop Limit is, it’s only natural to talk about its selling counterpart. The pending order called “Sell Stop Limit” combines Sell Stop and Sell Limit orders, and is currently ... Watch video WHAT IS MARGIN LEVEL? Put simply, Margin Level indicates how “healthy” your trading account is. It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. As a formula, Margin Leve... Watch video Are you an expert trader? Start trading with our Advantage account. Compare Accounts Open Advantage Account LATEST NEWS All articles 20 FEB 11:40 CN50: NEEDS MORE SPARK POST RATE CUT CN50 which tracks the benchmark FTSE China A50 Index may be set to rally further as Chinese banks' cut five-year rates by 25 basis points to 3.95%, a record rate cut. CN50 China PboC ADX MACD SMA 16 NOV 13:11 THE FUTURE OF OIL TRADING: HOW ENVIRONMENTALISM WILL DISRUPT CRUDE OIL MARKETS IN THE NEXT 5 YEARS Discover how the world of crude oil trading might change in the coming years – including the impact of the green revolution. Oil Crude Oil 08 SEP 12:53 WEEK AHEAD: WILL EURUSD SLIP BELOW 1.0670? Get ready for another wild week for global financial markets thanks to key economic data releases and high-risk events! Euro ECB EURUSD USD Federal Reserve inflation Rates SMA 20 FEB 11:40 CN50: NEEDS MORE SPARK POST RATE CUT CN50 which tracks the benchmark FTSE China A50 Index may be set to rally further as Chinese banks' cut five-year rates by 25 basis points to 3.95%, a ... CN50 China PboC ADX MACD SMA 16 NOV 13:11 THE FUTURE OF OIL TRADING: HOW ENVIRONMENTALISM WILL DISRUPT CRUDE OIL MARKETS IN THE NEXT 5 YEARS Discover how the world of crude oil trading might change in the coming years – including the impact of the green revolution.... Oil Crude Oil 08 SEP 12:53 WEEK AHEAD: WILL EURUSD SLIP BELOW 1.0670? Get ready for another wild week for global financial markets thanks to key economic data releases and high-risk events!... Euro ECB EURUSD USD Federal Reserve inflation Rates SMA 20 FEB 11:40 CN50: NEEDS MORE SPARK POST RATE CUT CN50 which tracks the benchmark FTSE China A50 Index may be set to rally further as Chinese banks' cut five-year rates by 25 basis points to 3.95%, a ... CN50 China PboC ADX MACD SMA 16 NOV 13:11 THE FUTURE OF OIL TRADING: HOW ENVIRONMENTALISM WILL DISRUPT CRUDE OIL MARKETS IN THE NEXT 5 YEARS Discover how the world of crude oil trading might change in the coming years – including the impact of the green revolution.... Oil Crude Oil 08 SEP 12:53 WEEK AHEAD: WILL EURUSD SLIP BELOW 1.0670? Get ready for another wild week for global financial markets thanks to key economic data releases and high-risk events!... Euro ECB EURUSD USD Federal Reserve inflation Rates SMA 20 FEB 11:40 CN50: NEEDS MORE SPARK POST RATE CUT CN50 which tracks the benchmark FTSE China A50 Index may be set to rally further as Chinese banks' cut five-year rates by 25 basis points to 3.95%, a ... CN50 China PboC ADX MACD SMA 16 NOV 13:11 THE FUTURE OF OIL TRADING: HOW ENVIRONMENTALISM WILL DISRUPT CRUDE OIL MARKETS IN THE NEXT 5 YEARS Discover how the world of crude oil trading might change in the coming years – including the impact of the green revolution.... Oil Crude Oil 08 SEP 12:53 WEEK AHEAD: WILL EURUSD SLIP BELOW 1.0670? Get ready for another wild week for global financial markets thanks to key economic data releases and high-risk events!... Euro ECB EURUSD USD Federal Reserve inflation Rates SMA AWARDS Join our community Markets * Metals * Stocks * Currency Pairs (FX) * Indices * Commodities * All Instruments Knowledge Hub * Full Library * Trading Videos * Ebooks * Trading Tools * Pip Calculator * Glossary Regulation & Licensing * Licensed Broker * Privacy Statement * Cookie Policy * Risk Disclosure * Terms and Conditions About * Contact Us : Customer Support: +44 20 3734 1025 * +44 20 3734 1025 * Exinity Limited: Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius * Exinity Capital East Africa Ltd: West End Towers, Waiyaki Way, 6th Floor, P.O. Box 1896-00606, Nairobi, Republic of Kenya Trading * Accounts Overview & Comparison * Advantage Account * Demo Trading Platforms * MT4 * MT5 * Mobile Trading Pricing * Performance Statistics * Commissions and Fees * Deposits and Withdrawals * Careers FXTM in Nigeria FXTM Partnership - Affiliates Sponsorships and ESG FXTM brand is authorized and regulated in various jurisdictions. ForexTime Ltd (www.forextime.com/eu) with registration number HE 310361 and registration address at 35, Lamprou Konstantara, FXTM Tower, 4156, Kato Polemidia, Limassol, Cyprus is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12. Exinity Capital East Africa Ltd (www.forextime.com) with registration number PVT-ZQU6JE7 and registration address at West End Towers, Waiyaki Way, 6th Floor , P.O. Box 1896-00606, Nairobi, Republic of Kenya is regulated by the Capital Markets Authority of the Republic of Kenya with a Non-Dealing Online Foreign Exchange Broker with license number 135. Exinity UK Limited (www.forextime.com/uk) with registration number 10599136 and registration address at 1 st. Katharine's Way London, England, E1W 1UN, UK is authorised and regulated by the Financial Conduct Authority with license number 777911. Exinity Limited (www.forextime.com) with registration number C119470 C1/GBL and registration address at 5th Floor, NEX Tower, Rue du Savoir, Cybercity, 72201 Ebene, Republic of Mauritius is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License with license number C113012295, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 50320 and is a licensed Over the Counter Derivative Provider. Card transactions are processed by Exinity Works (CY) Limited, registered number HE 351684, and registered/business address at Exinity Tower, 35 Lamprou Konstantara, Kato Polemidia, Limassol, 4156, Cyprus. Address for cardholder correspondence: backoffice@fxtm.com. Risk Warning: Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of Exinity Capital East Africa Ltd based on the legal requirements in his/her country of residence. Please read FXTM's full Risk Disclosure. Regional restrictions FXTM brand does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic People's Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Quebec, Iraq, Syria, Cuba, Belarus and Myanmar. Find out more in the Regulations section of our FAQs. © 2011 - 2023 FXTM Risk warning: Trading is risky. Your capital is at risk. Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading Online Forex/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. Loading...