Benjamin George S230_ King

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Is FXTM safe or a scam broker?

FXTM, officially known as ForexTime Limited, was founded in 2011 and has grown rapidly into a well-recognized global broker. It operates under multiple entities: ForexTime Limited (Cyprus) regulated by CySEC, Exinity UK Ltd regulated by the UK Financial Conduct Authority (FCA), and Exinity Limited (Mauritius) authorized by the Financial Services Commission (FSC). The broker’s official website is https://www.forextime.com . CySEC and FCA oversight place FXTM under strict rules such as capital adequacy, segregated client accounts, and negative balance protection. The Mauritius license provides international coverage, though it is considered lighter regulation. With millions of clients worldwide, FXTM is praised for its education, flexible accounts, and accessible trading conditions. While spreads can be higher on certain accounts, most independent reviews conclude FXTM is a legitimate, regulated broker, not a scam. Its transparency, multi-license structure, and long track record reinforce this view.