Forex risk disclaimer:
Trading forex and CFDs carries a high level of risk!
FXTM Review 2025
Country:
Cyprus
Year: 2011
Leverage: Up to 1:2000
Deposit: From 200 USD
Spread: Low
Broker type: ECN
Offices: Cyprus (Headquarters), United Kingdom, South Africa, Mauritius, Kenya
Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), FXTM Trader (Proprietary mobile app)
Instruments: 60 Forex pairs, 8 Commodities, 21 Index CFDs, 802 Equity CFDs, 639 US-listed stocks
Payment Methods:
General Overview
General Overview
FXTM (ForexTime) is a global online broker. It was created to give traders around the world great trading conditions, modern tools, and strong education. Over time, it has become well known and now serves both beginners and experienced traders. FXTM focuses on Forex and CFDs, and also lets you trade stocks, indices, commodities, precious metals, and cryptocurrencies.
A big thing that makes FXTM stand out is its focus on new technology. The company regularly updates its platforms and tools to match today’s market needs. Traders can choose from several account types built for different goals, styles, and skill levels—from cent accounts for practice to ECN or pro accounts for larger trades. FXTM aims to keep trading honest and easy to understand.
FXTM also puts customer help first, offering support in many languages so questions get answered quickly. It invests in education too, with written guides, video lessons, live webinars, and in-person seminars to help traders learn the markets and improve their strategies.
If you’re new and want to try FXTM safely, start with a demo account. When you’re ready to trade live, see the guide for opening an account, which explains sign-up, ID checks, and other requirements.
Here’s a short table with FXTM’s key details:
Thanks to these features, FXTM is seen as a trusted broker worldwide, and it keeps growing and adding services to fit many different trading needs.
Pros
- Strong Regulation
- Advanced Trading Platforms
- Fast Account Opening
- Strong Education
Cons
- Withdrawal Delays
- Inactivity Fees
- Geographical Service Restrictions
Trust and Safety
Trust and Safety
Regulations: CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
In addition to observing multiple regulatory standards, FXTM also offers negative balance protection to the majority of its users, guaranteeing that client losses do not exceed the balance in their trading accounts. This measure is particularly vital during periods of significant market volatility, stopping traders from accumulating liabilities surpassing their initial deposits. The firm’s pledge to transparency is demonstrated by frequent communication with clients through risk advisories and modifications to trading parameters, helping traders make well-informed choices regarding positions. By combining proactive outreach with layered security protocols, FXTM sustains strong trust in its brand and continually places client priorities at the forefront of its undertakings.
Is FXTM Regulated?
FXTM operates under an assortment of regulatory licenses across various jurisdictions, reinforcing its dedication to functioning within stringent regulatory boundaries. The entity is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license 185/12, enabling it to provide investment solutions throughout the European Economic Area (EEA). In the UK, the Financial Conduct Authority (FCA) supervises FXTM, maintaining rigorous standards for transparency, honesty, and client asset protection. FXTM further holds regulation from the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (FSC) in Mauritius, underlining the broker’s commitment to following best practices and preserving client assurance.
Is FXTM safe?
Security is a top concern for all traders, and FXTM has enacted numerous safeguards to create a protected trading ecosystem. By strictly separating client funds from the company’s operational accounts, FXTM ensures that, in any financial difficulty, customers’ capital remains secured. The broker also complies with extensive regulatory requirements, encompassing periodic financial checks and audits. In addition, FXTM uses robust data encryption and secure transaction systems to shield personal and financial details. Taken together, these strategies position FXTM as a dependable option for traders who prioritize safety and reliability.
Trading Platforms
Trading Platforms
MetaTrader 4 (MT4) | MetaTrader 5 (MT5) | FXTM Trader (Proprietary mobile app)
Visit PlatformsEach FXTM platform stands out by integrating market data and analysis in real time, facilitating swift decision-making. These solutions accommodate multiple methods, from scalping to swing trading or automated options. Users interested in algorithmic strategies will find that MT4 and MT5 both naturally support Expert Advisors (EAs), which can be tested retroactively to confirm effectiveness. Moreover, FXTM routinely refreshes its web and mobile apps, delivering new functionalities, frequent security enhancements, and sophisticated charting, aiming to elevate usability on all devices.
MetaTrader 4
MetaTrader 4 (MT4) remains widely lauded as a premier forex interface, praised for an intuitive interface, comprehensive set of analytical instruments, and the capacity to run algorithmic trading via EAs. FXTM’s version of MT4 presents advanced charting on multiple timeframes, a wide assortment of technical indicators, and ample customization options to adapt to traders’ personal approaches.
MetaTrader 5
MetaTrader 5 (MT5), serving as the evolution of MT4, supports extra chart intervals, expanded technical studies, plus features like a built-in economic schedule. MT5 further manages a larger variety of asset classes, rendering it fitting for clients looking to trade stocks, forex pairs, and other instruments within one program. Individuals employing FXTM’s MT5 platform also gain the benefits of faster transaction speeds and partial fill policies.
FXTM WebTrader
Traders inclined toward browser-based setups can turn to FXTM WebTrader, which enables account access with no installations or downloads. This web tool seamlessly adapts across diverse devices, maintaining robust charting capacities, real-time price feeds, and order management mechanics directly within a browser.
Mobile Trading App
Contemporary traders often require nonstop access to the markets, a demand met by FXTM’s apps on iOS and Android. These apps furnish real-time alerts, chart inspection, and order placement wherever an online connection is present. This level of flexibility helps ensure that individuals do not lose out on lucrative trade setups prompted by swift market fluctuations.
Tradable Instruments
Tradable Instruments
Instruments: 60 Forex pairs, 8 Commodities, 21 Index CFDs, 802 Equity CFDs, 639 US-listed stocks
By presenting a wide span of tradable assets, FXTM attracts traders eager to construct diversified portfolios and harness correlations spanning numerous sectors of the financial arena. As a case in point, a foreign exchange trader may counterbalance a potential commodity price fluctuation by placing positions in gold or oil, while a stock CFD investor might moderate overall market exposure by also trading index CFDs. This adaptability suits both short- and long-range strategies. Furthermore, FXTM provides education that explains each product’s unique qualities and associated market dynamics, empowering traders to broaden their knowledge base.
Forex Currency Pairs
FXTM maintains an extensive roster exceeding 50 currency pairs, covering majors, minors, and exotic groupings. This diversity empowers traders to diversify their Forex holdings and investigate prospects in less liquid pairs. Favored choices involve EUR/USD, GBP/USD, and USD/JPY, as well as crosses like EUR/GBP and AUD/NZD.
Spot Metals
Gold and silver hold consistent appeal among market participants who desire diversification or safe-haven assets. FXTM offers these metals in the form of CFDs, enabling adaptable leverage and the ability to adopt either long or short positions, depending on evolving market conditions.
Equity and Commodity CFDs
Market players drawn to equities and significant commodities can access an array of CFD contracts through FXTM. This setup facilitates speculation on the valuation shifts of well-known companies—such as tech giants and leading global retailers—without physically holding any underlying stock. Concurrently, commodity CFDs present avenues for profiting from or hedging movements in oil, agricultural produce, and other vital raw materials.
Cryptocurrencies
Given the rising popularity of digital currencies, FXTM allows trading in leading cryptos such as Bitcoin, Ethereum, and Litecoin via CFDs. This approach lets traders capitalize on swift crypto price swings while sidestepping the operational complexities of dedicated crypto wallets. Operating under regulation adds a layer of reassurance for participants venturing into this inherently volatile domain.
Indices
Indices offer a broad measure of how a collective of stocks performs, whether for a distinct category or an entire exchange. FXTM provides access to a variety of indices from major global markets, such as the S&P 500, NASDAQ 100, FTSE 100, and DAX 30. Trading index CFDs enables market participants to form views on overall market movements instead of individual company shares.
Account Types
Account Types
intermediate participants seeking average spreads and no added charges might lean toward the Standard Account. Conversely, experienced operators who require prime liquidity and narrower spreads may consider ECN or Pro accounts. FXTM offers specialized support and guidance to help new clients match the account structure to their trading objectives and risk tolerance.
Standard Account
The Standard Account targets those preferring an uncomplicated trading framework, delivering favorable spreads without commission on Forex or select CFDs. Its minimum deposit requirement is generally considered accessible, allowing a broad spectrum of traders to start. Standard account holders can enjoy swift order executions and a user-friendly platform interface.
Cent Account
New traders or those with a more cautious outlook might favor the Cent Account, which shows account balances as cents, enabling experimentation with minimal investment. Though spreads in this category can be wider than in higher-level accounts, it offers an easier introduction to authentic market conditions minus the stress of large-scale funding.
ECN Account
The ECN Account caters to knowledgeable traders, showcasing exceptionally tight spreads that can start around 0.1 pips on key currency pairs, though each trade entails a modest commission. This model appeals to scalpers and high-frequency participants who value direct market access and accurate order execution, especially in times of fluctuating market activity.
FXTM Pro Account
Developed for professionals and institutions handling substantial trade volumes, the FXTM Pro Account delivers raw spreads beginning at 0.0 pips. Pro-tier clients are afforded premier liquidity, ultra-fast execution, and prime conditions to facilitate large-scale orders. While it mandates a steeper deposit level than other accounts, it best suits those needing exacting precision in rapidly shifting markets.
FXTM Leverage
FXTM can provide leverage as high as 1:2000, depending on both the account classification and relevant jurisdictional rules. Though higher leverage allows traders to pursue larger gains with comparatively modest capital, it equally intensifies the potential risk. Consequently, traders are advised to handle such leverage responsibly by employing measures like stop-loss execution and judicious position sizing to safeguard their positions.
Deposits and Withdrawals
Deposits and Withdrawals
FXTM makes funding and withdrawals easy in many countries by working with local banks and payment services. This often cuts fees and speeds up processing. They also add new options like modern e-wallets and fintech tools, so traders get more convenience, lower costs, and faster deposits and withdrawals.
FXTM Deposit Options and Fees
You can deposit by bank transfer, cards, and e-wallets such as Skrill and Neteller. The minimum deposit depends on your account type (for example, cent accounts can start from about $10, while higher tiers may need more).
FXTM usually doesn’t charge deposit fees, but your bank or payment provider might add conversion or processing fees. Check FXTM’s site and your payment provider’s terms to avoid surprises.
FXTM Withdrawal Options and Fees
You can withdraw using the same methods: cards, bank transfers, and e-wallets. Timing varies—e-wallets can arrive in a few hours, while cards or bank wires may take a few business days.
Some methods may have small fees. Bank wires, for example, can include charges from your bank. FXTM lists exact fees and typical processing times for each option so you can plan payouts and manage your money effectively.
Visa
Mastercard
Skrill
Fees and Commissions
Fees and Commissions
Many FXTM clients like how clearly the broker shows its fees. FXTM lists all spreads, commissions, and non-trading fees, so you can estimate your costs before you trade. If you scalp or trade large volumes, even small changes in spreads or commissions can affect profits—so this clarity really helps. FXTM also sometimes runs short-term promos or fee discounts on certain assets or account types. Keep an eye out for these deals to save on costs.
FXTM Trading Fees
At FXTM, fees depend on your account type and what you trade. You’ll pay via spreads, commissions, or both. Standard and Cent accounts mainly charge through the spread, with no per-lot commission. ECN-style accounts usually have tighter spreads but add a small commission per trade. This flexible setup lets you pick what suits your style—whether you want very tight spreads, lower upfront costs, or a simple fee model.
FXTM aims to keep fees both efficient and transparent. The website clearly shows all charges, including overnight swap fees, so you can plan your costs and manage risk properly.
FXTM Spreads
FXTM’s spreads are often competitive, especially on major pairs like EUR/USD, GBP/USD, and USD/JPY. The spread you get depends on your account type and market conditions. Typical examples:
- Standard Account: From 1.3 pips on major pairs
- ECN Account: From 0.1 pips, plus a commission per lot
- FXTM Pro Account: Raw spreads from 0.0 pips, designed for high-volume traders
If you want the lowest possible spreads, ECN or Pro may fit best. If you’d rather avoid direct commissions, Standard might be simpler. Either way, FXTM shows spreads clearly inside its platforms.
FXTM Non-Trading Fees
Non-trading fees are costs not tied to opening or closing a trade. They can include deposit and withdrawal fees, inactivity fees, or account upkeep fees. FXTM generally doesn’t charge a monthly maintenance fee, but it may charge an inactivity fee if you don’t trade or hold positions for a long period—usually around six months.
Also watch for currency conversion fees if your deposit/withdrawal currency differs from your account’s base currency. Review FXTM’s full fee list and contact support if needed, so you can include all costs in your trading plan.
Bonuses and Promotions
Bonuses and Promotions
FXTM’s promotional efforts commonly align with broader initiatives designed to both reward loyal clients and bring in new users. In certain cases, individuals may merge promotions—like a welcome bonus plus a cashback program—to amplify gains. Each bonus, however, is accompanied by particular rules surrounding trading volumes and any constraints on withdrawals, underscoring the importance of meticulous planning. If guidance about bonus conditions is needed, FXTM’s support team is on hand to clarify the interplay between bonus funds, actual balances, and margin requirements. Such transparent policies illustrate FXTM’s dedication to maintaining an equitable and inclusive promotional ecosystem.
Welcome Bonus
From time to time, FXTM introduces a welcome bonus to newly enrolled clients who fund a live trading account initially. This bonus may appear as a deposit match or trading credit. However, every promotion carries unique conditions, incorporating minimum deposit levels or certain withdrawal limitations. Therefore, would-be users need to carefully read the terms to ensure full understanding of how the bonus functions.
Refer-a-Friend Program
In the Refer-a-Friend arrangement, existing FXTM customers are encouraged to recommend the broker within their network. The referrer and the newly introduced individual may each earn a monetary bonus or trading credit, dependent on the size of that initial deposit and adherence to set eligibility criteria. This endeavor fortifies community ties while expanding FXTM’s overall reach.
Loyalty Cashback Promotion
Taking part in the Loyalty Cashback promotion enables consistent FXTM clients to gather recurring cashback amounts, based on their aggregate trading volumes or by satisfying certain milestones. These refunds can trim trading costs and potentially increase traders’ overall profitability. As usual, it remains crucial to review the specified terms regarding deadlines, prerequisites, or constraints on withdrawing bonus funds.
Education
Education
Enhancing traders’ acumen is a foundational aspect of FXTM’s objectives. This broker supplies an extensive variety of educational materials, covering:
- Online Webinars: Interactive broadcasts exploring topics such as platform operation, detailed market analysis, and trading strategies.
- Video Tutorials: Step-by-step recordings about MT4, MT5, risk management, technical indicators, and more.
- eBooks and Articles: Thoroughly written resources catering to beginner and seasoned traders alike.
- Local Seminars and Workshops: In particular regions, FXTM arranges in-person events for hands-on instruction and networking.
By delivering these comprehensive learning opportunities, FXTM helps inexperienced and proficient market participants alike develop a solid foundation, aiming to elevate their likelihood of sustained, long-term profitability in trading.
Allowed Countries
Allowed Countries
FXTM serves traders in numerous regions around the globe, spanning much of Europe, Asia, Africa, and Latin America. However, local regulations prohibit it from onboarding clients in certain places—including the United States, Canada, or Japan—where rules limit foreign brokerage operations. New registrants must complete a detailed KYC protocol, confirming their identity and address to remain in compliance. Prospective users uncertain about eligibility can consult FXTM’s website or reach out to customer support for precise location-based guidance.
Excluded Countries
United States
Mauritius
Japan
Canada
Iran
North Korea
Iraq
Cyprus
Syrian Arab Republic
Cuba
Myanmar
Customer Support
Customer Support
FXTM prides itself on offering dependable client assistance via numerous methods, such as live chat, email, and telephone. With a multilingual team adept in top languages including Arabic, Chinese, English, and Spanish, FXTM can effectively support a broad international base. Quick handling of issues—whether operational, technical, or account-oriented—stands as a vital element of the broker’s mission. Additionally, the broker’s website hosts a comprehensive Help Center packed with frequently asked questions and specialized instructions.
Broker Name: FXTM
Broker Type: ECN
Country: Cyprus
Operating since year: 2011
Regulations: CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
Phone: +357 25 558777 (Cyprus Office)
Email: [email protected]
Address: ForexTime Ltd FXTM Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156 Limassol, Cyprus
Broker status: Active
FAQs
FAQs
Is FXTM regulated and safe?
Yes—FXTM is regulated by CySEC (185/12), FCA (UK), FSCA (South Africa), FSC (Mauritius) and CMA (Kenya). It uses segregated client funds, strong encryption, and offers negative balance protection.
What can I trade on FXTM?
Forex and CFDs on indices, commodities, precious metals, stocks, and cryptocurrencies (e.g., ~60 FX pairs, 21 index CFDs, 8 commodities, 802 equity CFDs, 639 US-listed stocks).
Which trading platforms are available?
MetaTrader 4, MetaTrader 5, FXTM WebTrader, and a mobile app (iOS/Android), with real-time data and EA (algorithmic) support.
What account types does FXTM offer?
Cent (micro-size), Standard (spread-only), ECN (tight spreads + small commission), and Pro (raw 0.0-pip spreads for high volume). Leverage can be up to 1:2000 depending on account and jurisdiction.
What are the typical fees and spreads?
Transparent pricing: Standard from ~1.3 pips; ECN from ~0.1 pips + commission; Pro raw from 0.0 pips. Non-trading fees may include inactivity and payment processing; swaps apply.
How do I start, and is FXTM available in my country?
Open a demo first; for live, complete online signup and KYC. FXTM serves many regions but does not accept clients from the U.S., Canada, Japan, Iran, North Korea, Iraq, Cyprus, Syria, Cuba, Myanmar, or Mauritius. Support is 24/5 via chat, phone, and email.
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