Forex broker from Cyprus, Forex Time or also known as FXTM, started the new year by making a breakthrough in the form of a bunch of attractive offers for its clients, including the extension of the swap free trading promotion and the newest offer, which is quite good in rebates.

Traders who have been fond of FXTM for a long time are no strangers to the attractive free swap promo known as the Over-the-weekend or OTW incentive account. This broker introduced the service in June 2013, and given that traders well received the service, FXTM finally decided to extend the duration of the promo several times. In early 2014, the promotion was again extended and is effective until March 31, 2014.


For those of you who don't know, the OTW account is an account that consists of Fixed Spread Standard, Cent Standard, and ECN Zero Amanah. The main differences are not only in the "ECN" label but also in the standard type of execution (instant/market), spread size, and commission. Therefore, always check the details so you can choose the appropriate account.

This promotion is intended so traders who open OTW accounts within a certain period can enjoy swap-free trading during the working week (Monday to Friday). This applies to the commission fee, calculated per 0.01 lot, which is charged on all open positions every Friday from 23:9:30 until one second before 24:00 (GMT+3). The size of the commission is described in the following table:



Even so, the swap-free promo still doesn't diminish other tempting offers from this broker. A few days ago, FXTM started incentives for its most active clients. Traders who deposit 500 US Dollars or Euros this month will receive a rebate of 200 % and can top up their deposit up to as little as 10,000 US Dollars or Euros. The rebate per lot is 2 Dollars, so if someone deposits 2,000 into their account, the broker will reward 4,000.