What is FXTM?
Broker overviewFXTM is an ECN / STD forex broker founded in 2011 and based in Mauritius. It offers forex currencies, commodities, indices, stocks, bonds, futures, exchange stocks, exchange etfs on MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad.
FXTM is regulated by FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated Forex Broke. Its listed office is Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius.
This review explains what you actually get: how safe the broker is, what trading costs look like, how deposits and withdrawals work, what the FXTM bonus offers, and who the broker suits best.
- ✓Regulated since 2011 by FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated Forex Broke, with segregated client funds.
- $Cost to start: $200 minimum deposit and spreads from 0.0 pips.
- ⚡Flexible trading: leverage up to 1:500, hedging, scalping and news trading allowed.
- %Bonus: 30% First Time Deposit Bonus, no no-deposit bonus.
Our short verdict
FXTM stands out for strong multi-regulation, tight spreads from 0.0 pips and full MetaTrader 4 and 5 support. The main thing to watch: higher $200 minimum deposit.
More about FXTM
FXTM (ForexTime) Limited - authorized by CySEC (Cyprus) registration no. 185/12
FXTM (ForexTime) Limited - authorized FSCA (South Africa) registration no. 46614
FXTM (ForexTime) UK Limited - authorized by FCA (UK) registration no. 777911
FXTM (ForexTime) Exinity Limited - authorized by FSC (Mauritius) registration no. C113012295
Is FXTM safe and regulated?
FXTM is supervised by 4 authorities. Our listing shows these licences:
| Regulator | Region | What it means for you |
|---|---|---|
| FXTM (ForexTime) is a FSC | — | Licence listed for this broker. |
| FCA | United Kingdom | Strict UK rules and FSCS protection for eligible clients. |
| CySEC | Cyprus / EU | MiFID rules, negative balance protection and ESMA leverage caps for retail clients. |
| FSCA Regulated Forex Broke | — | Licence listed for this broker. |
Client money is held in segregated accounts, separate from the company's own funds. Before you sign up, check which FXTM company will hold your account, because protection levels can differ between regions.
FXTM account types and trading conditions
These are the main trading conditions listed for FXTM. It offers Islamic, mini, VIP, managed accounts.
| Feature | FXTM |
|---|---|
| Minimum deposit | $200 |
| Minimum spreads | 0.0 pips |
| Max leverage | 1:500 |
| Execution | ECN / STD |
| VIP accounts | Yes |
| Mini accounts | Yes |
| Swap-free (Islamic) | Yes |
| Managed accounts | Yes |
| Free demo account | Yes |
| Strategies allowed | Hedging, scalping, news trading |
FXTM trading platforms
FXTM supports MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad. MetaTrader 4 remains the favourite for forex and Expert Advisors. MetaTrader 5 adds more timeframes and better access to stocks and other non-forex markets.
Web and mobile trading
Web trading: Yes. Mobile trading: Yes. Markets available: Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures, Exchange Stocks, Exchange ETFs. The website is available in English, Chinese, Indonesian, Vietnamese, Thai, Malaysia, Arabic and more.
FXTM deposit and withdrawal methods
FXTM accepts these deposit methods:
- Bank wire
- Debit/Credit Card
- Skrill
- Neteller
- OKPay
- Payza
- Western Union Quick Pay
- FasaPay
- China Union Pay
Withdrawals use the same methods as deposits.
Accounts can be held in USD, EUR, GBP. Choosing the currency you deposit in avoids conversion fees. Your account must be verified (ID and proof of address) before the first withdrawal.
FXTM bonus and promotions
These are the promotions listed for FXTM:
Promotion offered by FXTM. Check the broker's terms for trading volume and withdrawal conditions.
FXTM's welcome offer for new clients. Check the broker's terms for trading volume and withdrawal conditions.
FXTM no deposit bonus: FXTM does not offer a no deposit bonus. See our up-to-date list of forex no deposit bonus offers. Every offer has volume and time conditions, so read the terms first.
FXTM pros and cons
Pros
- Regulated by FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated Forex Broke (since 2011)
- Spreads from 0.0 pips
- MT4, MT5, Web trading
- Hedging and scalping allowed
- News trading allowed
- Islamic, mini, VIP, managed accounts
- Free demo account
Cons
- Higher $200 minimum deposit
- No no-deposit bonus
- Very high 1:500 leverage greatly increases the risk of loss
How to open an FXTM account
- RegisterClick "Visit Broker" and fill in your name, email, country and password.
- Verify your profileUpload a passport or ID card and a recent utility bill or bank statement.
- Choose an accountPick the account type, base currency and leverage that suit you.
- Fund and claim the bonusDeposit from $200 and opt in to the promotion if your region qualifies.
- Start tradingLog in to MT4, MT5, Web. Practise first on a free demo account.
FXTM customer support and contact
These are the contact details we have on file for FXTM:
FXTM review FAQ
Is FXTM a regulated broker?
What is the FXTM minimum deposit?
Does FXTM offer a no deposit bonus?
What is the maximum leverage at FXTM?
Which platforms does FXTM support?
Is FXTM good for beginners?
Final verdict: should you trade with FXTM?
FXTM scores 4.3 out of 5 in our review. Its strongest points are strong multi-regulation, tight spreads from 0.0 pips and full MetaTrader 4 and 5 support. Keep in mind: higher $200 minimum deposit; no no-deposit bonus.
If your main goal is a free no-deposit bonus, FXTM is not the right fit. Compare it with other options on our best forex brokers page before deciding.