Is FM-FX Scam?

FM-FX REVIEW

FM-FX Preview: (to pause video, simply tap/click on it)

Summary

FM-FX is a boutique company with extremely high prestige and good customer service.

Read 100% Free FM-FX Review by Binaryoptionsrobotreviewed Team

Details

Broker FM-FX
Website URL www.FM-FX.com
Free Demo Account Open Demo
Overall Score 9.4/10

FULL REVIEW OF FM-FX

Company has been on the industry market for three years. FM-FX has headquarters in Belize, with its offices around the globe in places such as the U.K.

It is regulated in Belize. FM-FX provides several account types designed for experienced market traders as well as for those who are new to the FOREX market.

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Which Type of Accounts Do We Recommend In FM-FX?

We refer PLATINUM Account for all traders, even if you are a new trader get the benefits of low spread. If you are a new trader, this platform gives you PLATINUM Account for $5K.

Review of FM-FX Platinum Accounts

This account is ideal for traders who wish to leverage the full advantages of FX trading.

Company allows account leveraging up to 1:500.

FMfx offers three types of live trading accounts, and also a swap-free Islamic option for each type of account. There is also a free 14-day demo trading account for testing purposes. The broker’s asset portfolio includes CFDs on indices, FX pairs, commodities, stocks and gold. Like most forex brokers, FMfx provides the most popular trading platform – MetaTrader 4 (MT4).

The broker provides different versions of the platform – for desktop, web and mobile devices. MT4 is well-liked by brokers and traders alike. It is stable and reliable, has many functions, supports PAMM and MAMM functionality, offers API connectivity and has a wide selection of technical analysis and charting tools.

What Experience Do You Need To Start Using FM-FX?

It is user-friendly and provides supports for Expert Advisors and automated trading. The platform has been on the market for more than 10 years and only recently started some of its popularity to its successor MetaTrader 5. FMfx offers a number of promotions such as welcome bonuses, contests and award to new and current customers alike.

Review Verdict: FM-FX is NOT a Scam

Visit FM-FX Software Website

Bonuses and onetime trading credits are limited time offers and the terms and conditions (T&Cs) associated with any bonus rewards are subject to change.

How Do You Deposit Money Into FM-FX Account?

FMfx accepts payments through credit and debit cards and online payment systems Neteller, Qiwi, WebMoney and YandexMoney. FM-FX also offers 2 training accounts, which are available for 30 days – standard demo of$50,000 & mini demo of $2,000.

Review of All FM-FX Account Types

Platforms for all account types are identical, but a separate username and password needs to be used for each type of account.

Account Types
Trading accounts are available in the following forms:

Silver Trading Account
5 days withdrawal processing time
Maximum leverage ratio 1:200

Gold Trading Account
3 days withdrawal processing time
Maximum leverage ratio 1:400
Dedicated account manager
25% swap discount

Platinum Trading Account
Maximum leverage ratio 1:500
2 days withdrawal processing time
Dedicated account manager
50% swap discount
News alert
Free VPS
Islamic account available
The Islamic trading account is a trading account which conforms to the Islamic Sharia law on the concept of “No Riba”. It gives traders the benefit of:
Commission free trading
No interest on overnight positions
Dedicated account manager
In order to open a live trading account with FM-FX, you will need to make a minimum initial deposit of 250 USD/GBP/EUR/AUD.

Review Verdict: FM-FX is NOT a Scam

Go To FM-FX Website

Conclusion about FM-FX Software

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The advantage of Trading Forex online is so that traders don’t have to deal with no Dealing Desk. With this option, traders basically trade on rates provided directly by the banks, which enables the  FM-FX platform to offer low variable spreads. On top of that, the spreads company is not taking any other commission for daily trades.

If you are long term trader you can also choose to use Islamic account as well.

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