Introduction
FXTiS.com is an online broker that offers forex and CFD trading on a MetaTrader 4 platform. The company is registered in the Seychelles and regulated by the Financial Services Authority (FSA). The company offers leverage of up to 1:500 and a minimum deposit of $100. It also has a demo account with virtual money to practice trading. In this post, we will take a look at the FXTiS.com regulation, platforms, pros, cons, and traders ratings.
About FXTiS.com
FXTiS.com is a global online FX & CFD broker that was founded in 2006. The company is headquartered in the United Kingdom and regulates its activities through the Financial Conduct Authority (FCA). It offers a wide range of financial instruments for trading, including major, minor, and exotic currency pairs, as well as CFDs on commodities, indices, stocks, and cryptocurrencies. The broker provides both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms and supports the use of Expert Advisors (EAs). It also offers a mobile trading app for Android and iOS devices.
The company has won several industry awards over the years, including the “Best MT4 Broker” award from the UK Forex Awards in 2019.
FXTiS.com offers two account types – Standard and Pro – which differ in terms of minimum deposit requirements, spreads, and leverage. Standard accounts can be opened with a minimum deposit of $250 and offer floating spreads from 1 pip on major currency pairs. Pro accounts require a minimum deposit of $5,000 and offer fixed spreads from 0.8 pips on major currency pairs. Leverage is up to 1:500 for both account types.
The broker charges no commissions on trades but makes its money through spreads only. Deposit and withdrawal methods include credit/debit cards, bank wire transfer, and e-wallets such as PayPal and Skrill. The minimum deposit amount is
Regulatory Bodies
FXTiS is a company that offers online foreign exchange trading services. It is based in the United Kingdom and is regulated by the Financial Conduct Authority (FCA). The company has been in operation since 2006.
The FCA is the UK’s financial regulator and it is responsible for overseeing the activities of FXTiS. The FCA ensures that firms offering financial services in the UK are doing so in a fair, transparent, and honest manner.
In order to be regulated by the FCA, firms must meet certain requirements. For example, they must have adequate financial resources, competent staff, and effective systems and controls in place. They must also adhere to strict rules around marketing and advertising.
FXTiS offers two types of accounts: a standard account and a premium account. The standard account requires a minimum deposit of $250 and offers leverage of up to 1:200. The premium account requires a minimum deposit of $5,000 and offers leverage of up to 1:100. Both accounts offer access to the same platforms and features.
The company’s website is available in English, French, Spanish, Italian, German, Russian, Polish, Portuguese, Arabic, Chinese, Japanese, Korean, Thai, Vietnamese, Hindi, Bengali, Urdu, Tamil, Telugu, Malayalam, Kannada, Punjabi ।
FXTiS provides customer support 24 hours a day 5 days a week via live chat or telephone.
Types of Accounts
The FXTiS.com review covers the different types of accounts that are available to traders on the site. There are three main types of account: the Standard Account, the Pro Account, and the VIP Account. Each account has its own set of features and benefits, and traders can choose the account that best suits their needs.
The Standard Account is the most basic account type, and it offers a fixed spread of 3 pips on all currency pairs. The account doesn’t have any commission fees, and it has a minimum deposit of $100. The Standard Account is best suited for beginner traders who want to get started with forex trading without having to worry about complex features or high costs.
The Pro Account is a more advanced account type that offers a variable spread starting at 1 pip on all currency pairs. The account also has a commission fee of $5 per lot, and it has a minimum deposit of $500. The Pro Account is best suited for experienced traders who want to get access to tight spreads and low commissions.
The VIP Account is the most advanced account type offered by FXTiS.com, and it offers a variable spread starting at 0 pips on all currency pairs. The account also has a commission fee of $3 per lot, and it has a minimum deposit of $5000. The VIP Account is best suited for professional traders who want to get access to the lowest possible spreads and commissions.
Trading Platforms
When it comes to trading platforms, FXTiS.com offers two options: the MetaTrader 4 (MT4) and the WebTrader platform.
The MT4 is a popular choice among traders, as it is user-friendly and comes with a variety of features and tools that can be used to help you analyze the market and make informed trading decisions. The WebTrader platform is also easy to use and provides all the same features as the MT4, but can be accessed from any internet browser.
Both platforms are available for demo account holders and live account holders. Demo accounts allow you to test out the platforms and try out different strategies without risking any real money. Live accounts give you access to the real markets so you can start trading with real money.
FXTiS.com also offers mobile trading apps for both iOS and Android devices, so you can trade on the go from anywhere in the world.
Pros and Cons
FXTiS.com is a popular online broker that offers forex, CFD, and cryptocurrency trading. The company is based in the Seychelles and is regulated by the Financial Services Authority (FSA).
The broker offers two main platforms for trading: the MetaTrader 4 (MT4) platform and the FXTiS web platform. The MT4 platform is a popular choice among traders as it offers a wide range of features and tools. The FXTiS web platform is more user-friendly and suitable for beginners.
Both platforms offer a demo account so that traders can practice trading before they start investing real money.
The minimum deposit to open an account with FXTiS is $500, which is relatively low compared to other brokers. However, the company does not offer any bonuses or promotions.
The spreads offered by FXTiS are fixed and start at 3 pips for major currency pairs. The leverage offered by the broker is up to 1:500, which is higher than average.
There are no fees charged for deposits or withdrawals, but withdrawal requests may take up to 5 business days to process.
Overall, FXTiS is a reliable broker that offers a good selection of assets and competitive spreads. However, the lack of bonuses or promotions may be off-putting for some traders.
Traders Ratings
The FXTiS.com review covers the main regulations, platforms, pros, cons, and traders ratings to help you make an informed decision about whether this broker is right for you.
FXTiS is a brand new online broker that offers its clients the opportunity to trade in the foreign exchange market. The company is based in Estonia and is licensed by the Estonian Financial Supervision Authority (EFSA).
FXTiS offers two types of accounts – a Standard account and a Professional account. The main difference between the two accounts is that the Professional account gives clients access to higher leverage and more trading instruments.
The minimum deposit for a Standard account is $100 and the minimum deposit for a Professional account is $5,000. Both accounts offer leverage of up to 1:500.
The FXTiS website is available in English, Russian, and Chinese. The customer support team can be contacted via live chat, email, or telephone.
Pros:
-Wide range of tradable instruments
-Competitive spreads
-Professional account gives access to higher leverage and more trading instruments
-Customer support team can be contacted via live chat, email, or telephone
Conclusion
FXTiS.com is a reliable broker with a good reputation in the industry. They offer a variety of trading platforms and account types to suit the needs of different traders. They are regulated by CySEC and have been in business since 2007. The only downside is that they do not accept US clients.