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FXTM permits on-line trading for Persians. FXTM is now amongst the perfect scoring platforms, ranked #20 out of 982 in our checklist of Iran Forex broker with a score of 7.9/10. Listed below are a few reasons that FXTM stands out from the rest: – Glorious Cash-back Program: Get up to $5 per Lot (T&C apply)

– Commerce with MT4 or MT5 via WebTrader, Cellular (Android/Apple) or Desktop

– CopyTrader Service and فارکس.net Free Buying and selling Indicators for All Customers

– Deposit by Bank card, Skrill, Neteller, Ok Pay, WebMoney, and more..

Contract for difference (CFD): it is a derivative instrument that allows buying and promoting currencies without actually owning them. If there are indicators that the forex pair worth will develop, a trader will buy CFD for this pair, and vice versa, if the price is about to fall, a trader will promote the corresponding CFD to make a revenue.

October is a combined month for gold (XAU/USD), from a seasonality perspective. Over the previous 5-years, it has been the sixth worst month of the 12 months for the valuable steel, averaging a achieve of +1.05%. Over the past 10-years, it has been the fifth worst month of the year, averaging a loss of -0.16%.

– Exness doesn’t have any bonus presents for South African traders.

– Excessive commission of $7/lot with their Raw Unfold account. That is higher than FXTM & Tickmill with related account sorts.

– Buyer help is gradual & could do much better. There may be long hold time for connecting to their chat support, and we acquired e-mail response after 24 hours on common during our assessments.

– The foreign money conversion charges during withdrawals are excessive. For instance, when you have USD based mostly account & you request withdrawals in ZAR, the foreign money conversion costs could also be more than 5%.