http://www.panzar.com/
Forged By Chaos is an online fantasy RPG based on the theme of Chaos worlds powered by steel and battle magic. Your player's avatar is always an evolving character, progressing from Novice to Warlord through the accumulation of battle experience, the obtaining of new armor and weapons, and the development of Chaos Magic skills. Seek to become a mighty warrior in the Forged by Chaos world! This game boasts such as customizable characters, interactive environments, multi-player interaction, and enhanced game world dynamics.
It's a 10v10 (or even more, not sure) online fantasy third person game with action gameplay. The melee seems a lot like TERA, but you can move while performing attacks. Ranged combat is free aim, third person shooter style.
The game has 8 classes, each with their own unique, interesting abilities. The Sapper for example, plays a lot like Engineer from Team Fortress 2. You can check the abilities and talent trees for each class here: http://www.panzar.com/characters.php (click on the class).
The game also features character progression, levels, crafting and gear.
It uses CryEngine 3. It is pretty new, at least the english version, which was supposedly translated from russian just recently.