FXTM Review

 

FXTM is a reliable broker offering Contracts for Difference (CFDs) and low spreads on over 250 trading instruments. The broker is licensed and regulated by the FSC Mauritius and the Capital Markets Authority of Kenya. It has earned a trust score of 92 out of 100.

 

🛡️Regulated and trusted by the FSC (Mauritius) and the Capital Markets Authority of Kenya.
🛡️2800 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔎 Broker	🥇 FXTM
📌 Year Founded	2011
👤 Amount of Staff	Approximately 500+
👥 Amount of Active Traders	Over 1.5 million
📍 Publicly Traded	None
🛡️ Regulation and Security	High
⭐ Regulation	FSC (Mauritius) Capital Markets Authority (Kenya)
🌎 Country of Regulation	Mauritius Kenya
🔃 Account Segregation	✅Yes
🅰️ Negative Balance Protection	✅Yes
🅱️ Investor Protection Schemes	✅Yes
📈 Account Types and Features	Multiple
📉 Institutional Accounts	✅Yes
📊 Managed Accounts	✅Yes
💹 Minor Account Currencies	✅Yes
💱 Minimum Deposit	200 USD
⏰ Avg. Deposit Processing Time	Instant to 1 business day
⏱️ Avg. Withdrawal Processing Time	1-3 business days
💴 Fund Withdrawal Fee	Varies by method and account type
↪️ Spreads From	0.1 pips
💶 Commissions	Variable; often zero for standard accounts
💵 Number of Base Currencies	50+
💷 Swap Fees	Varies by instrument and account type
⏹️ Leverage	Up to 1:2000
⏺️ Margin Requirements	Varies by instrument and account type
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
⏲️ Order Execution Time	Typically milliseconds to seconds
🖱️ VPS Hosting	Available
📈 CFDs Total	250+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
🔂 Deposits and Withdrawals	Trusted Options
⏯️ Deposit Options	Bank transfer, credit/debit cards, e-wallets
⏏️ Withdrawal Options	Bank transfer, credit/debit cards, e-wallets
🖥️ Trading Platforms	MetaTrader 4, MetaTrader 5, FXTM Trader
💻 OS Compatibility	Windows, macOS, iOS, Android
⚙️ Forex Trading Tools	Trading signals, technical analysis tools
🥰 Customer Support	Responsive
🗯️ Live Chat	✅Yes
💌 Support Email	via Help Centre
☎️ Support Contact	via Help Centre
🐦 Social Media	Facebook, Twitter, LinkedIn, Instagram
🔖 Languages Supported	Multiple, including English, Arabic, Chinese, etc.
🏷️ Educational Resources	Multiple
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Articles, tutorials, videos
🫰🏻 Partnerships and Programs	Affiliate Option
🫶 Affiliate Program	✅Yes
🤝 Amount of Partners	Numerous
▶️ IB Program	✅Yes
🏆 Sponsor Notable Events/Teams	✅Yes
💰 Rebate Program	✅Yes
🅰️ Cent Accounts	None
🅱️ Micro Accounts	None
😊 Suited to Beginners	✅Yes
😎 Suited to Professionals	✅Yes
⚡ Suited to Active Traders	✅Yes
⭐ Suited to Scalpers	✅Yes
🌞 Suited to Day Traders	✅Yes
🚀Open an Account	👉 Open Account

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FXTM Review – Analysis of Brokers’ Main Features

 

 

Overview

FXTM (ForexTime) is a well-established online trading platform serving traders worldwide for over a decade. FXTM has become a trusted choice for traders looking to engage in global financial markets by offering access to Forex, CFDs, and stocks. Their mission is to democratize trading, ensuring that anyone wanting to learn and take calculated risks can participate in the markets.

FXTM is known for its dedication to trust, accessibility, and value. The platform promises transparent services, including zero spreads on major forex pairs, alongside a suite of world-class educational resources aimed at helping traders of all levels succeed.

With more than 1 million clients across 150+ countries, FXTM has earned its reputation as a leading platform in the online trading community.

 

Frequently Asked Questions

 

What markets can I trade on FXTM?

FXTM offers a wide range of markets, including Forex (FX), CFDs on commodities, stocks, indices, and cryptocurrencies. Traders can diversify their portfolios and engage in multiple asset classes with competitive conditions.

 

What are the spreads like on FXTM?

FXTM offers competitive spreads, with zero spreads available on major FX pairs. This allows traders to maximize potential profits, particularly for those trading high-volume, popular currency pairs.

 

Can I use FXTM as a beginner?

Absolutely! FXTM provides a comprehensive selection of educational materials, including webinars, courses, and guides, designed to support both new and experienced traders. The platform’s user-friendly interface makes it accessible to beginners.

 

Is FXTM regulated?

Yes, FXTM is regulated by multiple financial authorities across the world, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and other reputable bodies. This ensures that traders can trust the platform to adhere to industry standards and offer a secure trading environment.

 

Our Verdict

FXTM is a reliable and reputable trading platform suitable for both beginners and experienced traders. With its transparent services, zero spreads on major currency pairs, and robust educational offerings, it stands out as a top choice in the global online trading space.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Detailed Summary

 

🔎 Broker	🥇 FXTM
📌 Year Founded	2011
👤 Amount of Staff	Approximately 500+
👥 Amount of Active Traders	Over 1.5 million
📍 Publicly Traded	None
🛡️ Regulation and Security	High
⭐ Regulation	FSC (Mauritius) Capital Markets Authority (Kenya)
🌎 Country of Regulation	Mauritius Kenya
🔃 Account Segregation	✅Yes
🅰️ Negative Balance Protection	✅Yes
🅱️ Investor Protection Schemes	✅Yes
📈 Account Types and Features	Multiple
📉 Institutional Accounts	✅Yes
📊 Managed Accounts	✅Yes
💹 Minor Account Currencies	✅Yes
💱 Minimum Deposit	200 USD
⏰ Avg. Deposit Processing Time	Instant to 1 business day
⏱️ Avg. Withdrawal Processing Time	1-3 business days
💴 Fund Withdrawal Fee	Varies by method and account type
↪️ Spreads From	0.1 pips
💶 Commissions	Variable; often zero for standard accounts
💵 Number of Base Currencies	50+
💷 Swap Fees	Varies by instrument and account type
⏹️ Leverage	Up to 1:2000
⏺️ Margin Requirements	Varies by instrument and account type
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
⏲️ Order Execution Time	Typically milliseconds to seconds
🖱️ VPS Hosting	Available
📈 CFDs Total	250+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
🔂 Deposits and Withdrawals	Trusted Options
⏯️ Deposit Options	Bank transfer, credit/debit cards, e-wallets
⏏️ Withdrawal Options	Bank transfer, credit/debit cards, e-wallets
🖥️ Trading Platforms	MetaTrader 4, MetaTrader 5, FXTM Trader
💻 OS Compatibility	Windows, macOS, iOS, Android
⚙️ Forex Trading Tools	Trading signals, technical analysis tools
🥰 Customer Support	Responsive
🗯️ Live Chat	✅Yes
💌 Support Email	via Help Centre
☎️ Support Contact	via Help Centre
🐦 Social Media	Facebook, Twitter, LinkedIn, Instagram
🔖 Languages Supported	Multiple, including English, Arabic, Chinese, etc.
🏷️ Educational Resources	Multiple
✏️ Forex Course	✅Yes
📔 Webinars	✅Yes
📚 Educational Resources	Articles, tutorials, videos
🫰🏻 Partnerships and Programs	Affiliate Option
🫶 Affiliate Program	✅Yes
🤝 Amount of Partners	Numerous
▶️ IB Program	✅Yes
🏆 Sponsor Notable Events/Teams	✅Yes
💰 Rebate Program	✅Yes
🅰️ Cent Accounts	None
🅱️ Micro Accounts	None
😊 Suited to Beginners	✅Yes
😎 Suited to Professionals	✅Yes
⚡ Suited to Active Traders	✅Yes
⭐ Suited to Scalpers	✅Yes
🌞 Suited to Day Traders	✅Yes
🚀Open an Account	👉 Open Account

 

Frequently Asked Questions

 

What are the spreads like with FXTM?

FXTM offers highly competitive spreads, with the Advantage account typically featuring zero spreads on major FX pairs. Additionally, spreads on gold can also be as low as zero, making it a great option for traders looking to minimize costs while trading.

 

How do I start trading with FXTM?

Getting started with FXTM is straightforward. First, create a MyFXTM account and select the account type that best suits your trading needs. After depositing funds into your trading account, you can access the MetaTrader platform and begin trading right away.

 

Can I trade on FXTM’s platform from my mobile device?

Yes, FXTM offers mobile trading on both MetaTrader 4 and MetaTrader 5 platforms. This allows you to trade directly from your smartphone or tablet, giving you the flexibility to manage your trades while on the go.

 

What kind of customer support does FXTM offer?

FXTM provides a dedicated help center and live chat support to assist you with any inquiries or issues. Whether you need assistance with account setup, trading queries, or anything else, their customer support team is readily available to help you.

 

Our Verdict

FXTM is a well-established and reliable broker that offers a secure and seamless trading experience across global financial markets. With a focus on trust, accessibility, and value, FXTM stands out as an excellent choice for traders of all levels.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Safety and Security

At FXTM, the protection of your funds is a top priority. The broker employs various safety measures to provide peace of mind to its clients, including insurance coverage of up to $1 million in the rare case of insolvency.

Additionally, FXTM ensures that client funds are held in segregated accounts, separate from the company’s operational funds. This segregation provides further security by preventing any misuse of client deposits. The platform also uses state-of-the-art SSL encryption technology, secure user identification, and server authentication to ensure a safe trading environment for all users.

As a globally regulated broker, FXTM operates under strict regulatory standards in multiple jurisdictions, offering traders an added layer of protection.

 

Frequently Asked Questions

 

Is my money safe with FXTM?

Yes, FXTM prioritizes the safety of your funds by keeping them segregated from the company’s operational funds. Additionally, the platform provides insurance coverage of up to $1 million in case of insolvency.

 

How does FXTM ensure a secure trading environment?

FXTM uses advanced SSL encryption to secure all transactions and ensure that personal data is protected. It also employs secure user identification and server authentication for enhanced safety.

 

Is FXTM regulated?

Yes, FXTM is a regulated broker, operating under licenses in multiple jurisdictions. This regulation ensures the platform adheres to industry standards, offering a secure and transparent trading environment.

 

What happens if FXTM goes bankrupt?

In the unlikely event of insolvency, FXTM offers insurance coverage for client funds up to $1 million, ensuring that your investments are protected.

 

Our Verdict

FXTM is committed to offering a secure and reliable trading environment for its clients. With a strong emphasis on the safety of client funds, the broker utilizes advanced security measures such as SSL encryption, segregated accounts, and insurance coverage in case of insolvency.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Bonus Offers, Promotions, and, Contests

FXTM enhances your trading experience by offering a variety of exciting promotions and contests designed to maximize your potential and reward your efforts.

 

Promotions

Take advantage of incredibly low commissions and tight spreads, including zero spreads on major forex pairs. These competitive trading conditions can help you reduce costs and increase profitability.

 

Contests

FXTM hosts global forex contests where traders can compete for valuable prizes and gain recognition within the trading community. This is a great opportunity to showcase your skills and stand out among your peers.

 

Refer a Friend

Earn $50 for yourself and $50 for a friend when you refer someone to FXTM. It’s a simple way to share the benefits of FXTM with others while earning rewards.

 

Be sure to check out the latest promotions to boost your returns. Just remember to review the terms and conditions. Sign up today to take full advantage of these offers and enhance your trading journey with FXTM.

 

Frequently Asked Questions

 

What are the main benefits of FXTM promotions?

FXTM promotions offer low commissions, tight spreads (including zero spreads on major forex pairs), and various incentives, allowing traders to increase their profitability.

 

How can I participate in FXTM’s forex contests?

FXTM regularly holds global forex contests where traders can enter and compete for prizes. Check the FXTM website for current contests and guidelines on how to participate.

 

What do I get from referring a friend to FXTM?

When you refer a friend to FXTM, you and your friend both receive $50. It’s a win-win offer that rewards both you and the person you refer.

 

Are there any requirements for claiming FXTM’s promotions?

Yes, each promotion has specific terms and conditions that must be met. Make sure to read the rules associated with each offer to ensure you qualify for the benefits.

 

Our Verdict

FXTM offers a range of attractive promotions and contests that can significantly enhance your trading experience. From low commissions and zero spreads to opportunities to win prizes and earn referral bonuses, FXTM provides traders with exciting ways to maximize returns.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Advantages over Competitors

Key advantages that FXTM holds over its competitors include Super-Low Spreads and Commission Rates, Rapid Execution Speed, and, Comprehensive Regulatory Oversight. Notable factors and features include:

 

• Robust Fund Protection
• Segregated Client Funds
• World-Class Trading Platforms
• Free Educational Resources
• Exciting Contests and Promotions
• Flexible Refer a Friend Program

 

In addition, Responsive customer support through live chat, email, and phone, ensuring assistance is readily available whenever needed.

 

Frequently Asked Questions

 

What makes FXTM’s spreads and commission rates competitive?

FXTM offers typically zero spreads on major FX pairs and super-low commission rates, providing cost-effective trading opportunities compared to many other brokers.

 

How fast are trade executions with FXTM?

FXTM ensures rapid trade execution speeds, with trades being executed in milliseconds to guarantee the best market prices.

 

What regulatory bodies oversee FXTM?

FXTM is regulated by the Financial Services Commission (Mauritius) and the Capital Markets Authority (Kenya), ensuring a high level of trust and regulatory oversight.

 

How is my money protected with FXTM?

FXTM provides fund protection insurance up to $1 million in the unlikely event of insolvency, with coverage starting from amounts over $10,000. Additionally, client funds are fully segregated from operational capital and held in top-tier banks.

 

Our Verdict

With typically zero spreads on major FX pairs, extensive fund protection, and a range of world-class trading platforms, FXTM provides a secure and cost-effective trading environment. These advantages make FXTM a compelling choice for traders seeking value, security, and support.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Cashback Rebates, Partnership Options, and, Affiliate Programs

The FXTM Affiliate Program presents an outstanding opportunity to earn commissions by promoting FXTM’s reputable trading platform. Affiliates have the potential to earn up to $600 per qualified trader, with no limit to how much they can earn.

FXTM offers industry-leading CPA (Cost Per Acquisition) rewards, real-time tracking through an advanced dashboard, and high-quality marketing materials to help affiliates drive traffic. With flexible payment methods such as Skrill, Neteller, and Swift, affiliates are guaranteed monthly payments, with no earning limits in place.

Designed to optimize earnings and support the growth of your online business, the FXTM Affiliate Program is backed by advanced technology and a user-friendly interface, making it easy to manage and scale your affiliate activities.

 

Frequently Asked Questions

 

How much can I earn with the FXTM Affiliate Program?

Affiliates can earn up to $600 per qualified trader, with the opportunity for unlimited earnings depending on the number of traders referred.

 

What tools does FXTM provide affiliates?

FXTM offers affiliates an advanced dashboard for real-time reporting, as well as effective marketing materials to help drive traffic and boost conversions.

 

How are affiliate payments made?

Affiliates can receive payments via flexible options such as Skrill, Neteller, or Swift, ensuring monthly payouts without any earning limits.

 

Is there a limit to how much I can earn as an affiliate?

No, the FXTM Affiliate Program has no earning limits. The more traders you refer, the higher your potential earnings.

 

Our Verdict

The FXTM Affiliate Program is a fantastic opportunity for individuals looking to monetize their online presence by promoting a trusted and reliable trading platform. With attractive commission structures, flexible payment options, and the tools needed for success, it provides affiliates with an excellent earning potential.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Minimum Deposit and Account Types

FXTM offers three distinct account types, each with a minimum deposit requirement of $200, designed to cater to different trading preferences and strategies.

 

Advantage Stocks Account

This account features spreads starting from just 6 cents, with zero commissions on stock trades, making it ideal for stock traders looking to minimize costs.

 

Advantage Account

With spreads starting from 0.0 pips, the Advantage account offers highly competitive conditions, though commissions vary depending on the type of trade. It’s perfect for forex traders seeking low spreads.

 

Advantage Plus Account

This account comes with spreads starting from 1.5 pips and zero commissions, offering a balance of low spreads and no additional trading fees.

 

The Advantage and Advantage Plus accounts provide access to a diverse range of instruments, including forex, spot metals, and CFDs, all available through the MetaTrader 5 (MT5) platform for seamless trading.

 

Frequently Asked Questions

 

What is the minimum deposit for an FXTM account?

Each FXTM account type requires a minimum deposit of $200, making it accessible to a wide range of traders.

 

What are the key differences between the FXTM account types?

The Advantage Stocks account offers low spreads and no commissions on stock trades, while the Advantage account has spreads starting from 0.0 pips with varying commissions. The Advantage Plus account has spreads starting from 1.5 pips with zero commissions.

 

Can I trade forex and CFDs with FXTM?

Yes, both the Advantage and Advantage Plus accounts provide access to a variety of instruments, including forex, spot metals, and CFDs, all on the MetaTrader 5 platform.

 

What platform does FXTM use for trading?

FXTM offers the MetaTrader 5 (MT5) platform, which provides powerful tools for trading forex, CFDs, and other instruments with ease.

 

Our Verdict

FXTM offers a selection of accounts designed to suit different trading styles and preferences, with competitive spreads and low commissions across its range. Whether you are focused on stock trading, forex, or CFDs, the available accounts provide a solid foundation for your trading needs.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

How to open an FXTM Account

To register a live trading account with FXTM the following steps can be followed:

 

1.  Step 1:  Start Registration

In order to open an FXTM Live trading account, the applicant can simply click on the orange “Open Account” button located at the top of the FXTM webpage.

 

2. Step 2:  Complete Registration

The second step to opening an FXTM Account is to complete a simple online registration form.

 

Once the registration form has been completed, the account holder will receive a PIN via email to confirm their newly registered account.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Trading Platforms

FXTM offers two powerful and widely popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both trusted by traders of all skill levels around the world. These platforms allow you to trade and monitor the markets in real-time, available on desktop, mobile, or web versions for flexibility.

While both MT4 and MT5 provide advanced technical analysis tools and a broad range of features, MT5 offers additional capabilities such as more timeframes, an integrated economic calendar, and multi-currency strategy testing, making it ideal for more advanced traders.

Whether you’re a beginner or a seasoned pro, you can select the platform that best aligns with your trading preferences and objectives.

 

Frequently Asked Questions

 

What is the difference between MT4 and MT5?

While both platforms offer robust trading features, MT5 includes additional functionalities such as more timeframes, an economic calendar, and multi-currency strategy testing, giving advanced traders more tools to analyze the market.

 

Can I use both MT4 and MT5 with FXTM?

Yes, FXTM offers both MT4 and MT5, so you can choose the platform that suits your trading style or even use both for different trading needs.

 

Are MT4 and MT5 available on mobile?

Yes, both MetaTrader 4 and MetaTrader 5 are available on mobile devices, allowing you to trade on the go and stay connected to the markets at all times.

 

Which platform is better for beginners, MT4 or MT5?

For beginners, MT4 is often preferred due to its simplicity and user-friendly interface. However, MT5 offers more advanced features for traders looking to expand their strategies as they gain experience.

 

Our Verdict

FXTM offers traders the flexibility to choose between two top-tier platforms, MetaTrader 4 and MetaTrader 5, each catering to different trading preferences. MT4 is ideal for those seeking a simpler, more straightforward trading experience, while MT5 provides advanced tools and features for traders looking to deepen their market analysis.

With both platforms available across desktop, mobile, and web versions, FXTM ensures that traders of all levels can trade seamlessly, anytime and anywhere.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Fees, Spreads, and Commission

FXTM offers competitive pricing, with spreads starting as low as 0.1 pips, ensuring traders have access to cost-effective trading conditions. The broker aims to keep costs low through variable commissions, often offering zero commissions for standard accounts.

For certain accounts, such as the Advantage account, spreads can even be as low as zero on major forex pairs and gold, making it an attractive choice for cost-conscious traders.

In addition to competitive pricing, FXTM provides a wide range of funding and withdrawal options. Fees may vary depending on the payment method and account type, offering flexibility for traders worldwide to manage their funds with ease.

 

Frequently Asked Questions

 

What are FXTM’s spreads?

FXTM offers competitive spreads starting from 0.1 pips. On certain accounts like the Advantage account, spreads can go as low as zero for major forex pairs and gold.

 

Are there any commissions on FXTM accounts?

FXTM’s standard accounts often feature zero commissions. However, variable commissions may apply depending on the account type and trade conditions.

 

What payment methods does FXTM offer?

FXTM offers a variety of funding and withdrawal methods, including popular options like bank transfers, Skrill, Neteller, and more. Fees may vary based on the payment method and account type.

 

Are the funding and withdrawal options flexible?

Yes, FXTM provides flexible payment options for traders worldwide, allowing you to manage your funds easily. The fees depend on the method and account type, providing a range of choices to suit different preferences.

 

Our Verdict

FXTM provides highly competitive pricing with low spreads starting from 0.1 pips and the potential for zero spreads on certain accounts, making it an attractive choice for traders seeking cost-effective trading conditions. With flexible funding and withdrawal options, along with variable fees depending on the method and account type, FXTM offers a convenient and adaptable trading experience.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Deposit and Withdrawal

FXTM offers a broad selection of deposit and withdrawal methods designed to meet the needs of its global clientele. Whether you’re using credit cards, e-wallets, local payment methods, or even cryptocurrency, FXTM ensures that all transactions are processed smoothly, securely, and efficiently.

Client funds are held in top-tier banks and fully segregated for additional security, offering peace of mind to traders. With FXTM’s globally recognized regulation, you can trust that your funds are safe while enjoying a wide range of payment options to manage your deposits and withdrawals with ease.

 

Frequently Asked Questions

 

What payment methods does FXTM support?

FXTM supports a wide range of payment methods, including credit cards, e-wallets (like Skrill and Neteller), local payment options, and cryptocurrency, ensuring flexibility for traders worldwide.

 

Are my funds secure with FXTM?

Yes, FXTM ensures the safety of your funds by keeping them in top-tier banks and fully segregated from company funds, offering additional security. FXTM is also globally regulated for further protection.

 

How long do deposits and withdrawals take with FXTM?

Deposit and withdrawal times vary depending on the payment method. E-wallets tend to be faster, while bank transfers may take longer. FXTM provides clear information on processing times for each method.

 

Are there any fees for deposits or withdrawals?

Fees for deposits and withdrawals may vary depending on the payment method and account type. FXTM provides transparent details about fees for each payment option.

 

Our Verdict

FXTM provides an extensive range of secure and efficient deposit and withdrawal methods, including credit cards, e-wallets, local options, and cryptocurrency. With funds stored in top-tier banks and fully segregated for added security, FXTM offers traders peace of mind.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Education and Research

FXTM offers a comprehensive selection of educational resources designed to support traders at every stage of their journey. Whether you are a beginner or an advanced trader, the broker provides a variety of free learning materials, including webinars, video tutorials, and in-depth articles.

These resources are crafted to ensure that traders have access to valuable tools and information to enhance their trading skills and knowledge.

 

Frequently Asked Questions

 

What types of educational resources does FXTM offer?

FXTM offers a variety of educational tools, including free webinars, video tutorials, and detailed articles. These resources cater to traders of all experience levels, helping them improve their skills.

 

Are the educational resources available for free?

Yes, all of FXTM’s educational resources, including webinars, tutorials, and articles, are available for free to all traders.

 

Can beginners benefit from FXTM’s educational resources?

FXTM’s educational offerings are designed to help beginners build a solid foundation in trading, while also offering advanced content for experienced traders.

 

How can I access FXTM’s educational materials?

FXTM’s educational resources are available through their website and trading platforms. Simply sign up for an account, and you’ll have access to all of their learning materials.

 

Our Verdict

FXTM offers an extensive range of educational resources to help traders of all levels improve their trading abilities. With free webinars, video tutorials, and detailed articles, traders have the tools they need to enhance their knowledge and strategies.

 

Overall Rating

• 
  
  4.6/5

Min Deposit

USD 10

Regulators

FCA, CySEC, FSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

63+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Customer Reviews

 

🥇 Impressed.

I’ve been trading with FXTM for a few months and am impressed with their account options and educational resources. The Advantage account’s zero spreads and competitive commissions have greatly improved my trading. Their diverse deposit and withdrawal methods make transactions easy. The free educational tools are excellent for skill development. Highly recommend FXTM for all traders! – George

 

🥈 Solid Trading Experience.

FXTM offers a great trading experience with the Advantage Plus account, featuring zero-commission trades and competitive spreads from 1.5. The support and educational resources are excellent. However, the demo account’s 30-day limit might be a bit short for new traders needing more practice. – Gina

 

🥉 Great Broker Choice.

I’m very satisfied with FXTM’s services. The Advantage Stocks account offers zero commissions and simple trading features, while the MetaTrader platforms and mobile trading are user-friendly. Their strong fund security, diverse payment options, and helpful educational resources enhance the overall experience. – Michael

 

 

Pros and Cons

 

✅ Pros	❌ Cons
Variety of Account Types	High Min. Deposit Requirement
Competitive Fees	Wider Spreads on Some Accounts
Wide Range of Instruments	Demo Account Expiry
Flexible Deposit and Withdrawal Options	Limited Swap-Free Options
High Leverage	Commissions on Some Accounts
Educational Resources	Account-Specific Limitations
Mobile Trading	No Margin Call on Some Accounts
Regulated and Secure	Platform Limitations

 

 

Conclusion

FXTM is a global broker offering diverse account types like Advantage Stocks, Advantage, and Advantage Plus, each with attractive features such as low minimum deposits from $200, competitive spreads, and various commission structures.

With support for MetaTrader 4 and 5, along with multiple deposit and withdrawal methods, FXTM provides a user-friendly trading experience. The free demo account allows for risk-free practice, and FXTM is renowned for its competitive spreads, flexible leverage, and extensive educational resources.

 

References:

 

• Release your inner trader!
• Why FXTM?
• Fund Safety with FXTM

 

You might also like:

 

• Minimum Deposit
• Account Types
• Demo Account
• Fees and Spreads
• Sign-up Bonus
• Islamic Account

 

Frequently Asked Questions

 

What is the mission of FXTM?

FXTM was founded to democratize trading, making it accessible to everyone, not just a select few. They aim to offer trading opportunities to anyone willing to learn and take some risks.

 

How does FXTM ensure trust and safety for its traders?

FXTM prioritizes trust and safety by maintaining strong licensing and regulation. They keep customer funds segregated to protect them in case of unforeseen issues and are committed to transparency with no hidden fees or misleading statistics.

 

How does FXTM work to provide value to its clients?

XTM focuses on minimizing trading costs and fostering a partnership with clients. They aim to help traders succeed, as their success contributes to the broker’s success.

 

What are FXTM’s core principles?

FXTM is guided by three core principles, Trust, Access, and, Value.

 

How does FXTM measure its commitment to clients?

FXTM continuously evaluates its efforts against its core principles—trust, access, and value—to provide exceptional trading experiences and opportunities.

 

What makes FXTM different from other brokers?

FXTM differentiates itself through its commitment to democratizing trading, offering transparent and regulated services, providing free educational resources, and focusing on delivering high value to traders.

 

What trading platforms does FXTM offer?

FXTM provides access to leading trading platforms such as MetaTrader 4, MetaTrader 5, and FXTM Trader, available for free on PC, Mac, mobile, and tablet.

 

What educational resources are available with FXTM?

FXTM offers extensive free educational resources, including courses, webinars, and tutorials, to help traders of all skill levels improve their trading skills.

 

What kind of promotions and contests does FXTM offer?

FXTM regularly features promotions and exciting forex contests that provide additional value and opportunities to win prizes.