FXTM review explores a globally recognised forex and CFD broker known for tight spreads, flexible accounts, and strong regulatory oversight. Also known as ForexTime, FXTM caters to both retail and professional traders with tiered account options, educational tools, and access to popular platforms like MT4 and MT5. It operates under multiple entities across Europe, Africa, and Mauritius.

Regulation and Safety

FXTM is authorised and regulated by several prominent financial bodies:

• Exinity UK Ltd – FCA (Financial Conduct Authority), license number 777911
• Exinity Ltd – FSC Mauritius, license number C113012295
• FXTM South Africa (Finalto (South Africa) Pty Ltd) – FSCA, license number 46614
• ForexTime Ltd – CySEC (Cyprus Securities and Exchange Commission), license number 185/12

Client funds are kept in segregated accounts with tier-1 banks. FXTM provides negative balance protection and is subject to periodic audits. UK and CySEC clients may be eligible for FSCS and ICF coverage, respectively.

Execution Model and Trading Platforms

FXTM operates a hybrid model with STP execution for Standard accounts and ECN-style execution for ECN and Pro accounts. It offers:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• FXTM Trader app (iOS and Android)

All platforms are accessible via desktop, mobile, and web. VPS hosting and FIX API are available for institutional and high-volume clients.

Markets and Instruments

FXTM offers over 250 trading instruments, including:

• Forex (major, minor, and exotic pairs)
• Indices (e.g., US500, GER40, UK100)
• Commodities (gold, oil, silver, gas)
• Shares (US, UK, and EU stocks)
• Cryptocurrencies (available via MT5)

Accounts, Spreads and Leverage

FXTM offers a broad account range to suit different trading styles:

• Standard: Spreads from 1.5 pips, no commission
• Cent: Micro-lot trading for beginners
• ECN: Spreads from 0.0 pips + $2 commission/lot
• ECN Zero: Spreads from 1.5 pips, no commission
• Pro: For institutional clients, spreads from 0.0 pips, zero commission

Leverage up to 1:2000 is offered under FSC and FSCA entities, while EU and UK clients are capped at 1:30. The minimum deposit starts from $10 on the Cent account. Stop-out levels vary between 50–80% depending on the account.

Funding and Base Currencies

FXTM supports multiple base currencies including USD, EUR, GBP, and NGN. Funding methods include:

• Credit/debit cards
• Bank transfer
• Skrill, Neteller, FasaPay
• Local payment options (e.g., M-Pesa, NGN local bank transfer)

Deposits are processed instantly for most methods. Withdrawals typically complete within 24 hours, depending on the method. Some methods may carry minor fees.

Client Protections and Features

FXTM provides negative balance protection, segregated accounts, biometric login on mobile apps, and full SSL encryption. Depending on the entity, clients may be eligible for compensation schemes. Educational resources include webinars, eBooks, strategy videos, and FXTM’s proprietary trading signals.

Institutional and Retail Offering

Retail traders are the primary audience, but FXTM also supports institutional clients with FIX API access, VPS hosting, and Pro-level pricing. White-label partnerships, copy trading via FXTM Invest, and affiliate solutions are also available. FXTM Invest allows clients to follow Strategy Managers based on performance metrics.

Pros and Cons

Pros

• Multi-regulated broker with FCA, FSCA, and CySEC oversight
• High leverage and low minimum deposits
• Diverse account types including ECN and Cent
• Copy trading via FXTM Invest
• MT4, MT5, and mobile trading support

Cons

• Asset range is smaller than some top-tier brokers
• Fees may apply on some withdrawal methods
• Inactivity fees apply after 6 months

Frequently Asked Questions

Is FXTM a regulated broker?

Yes, FXTM is regulated by the FCA (UK), FSCA (South Africa), CySEC (Cyprus), and FSC (Mauritius).

What is the minimum deposit at FXTM?

The minimum deposit starts at $10 for the Cent account and $100 for Standard or ECN accounts.

Which platforms can I use with FXTM?

Traders can use MetaTrader 4, MetaTrader 5, and the FXTM Trader mobile app.

Does FXTM offer copy trading?

Yes, FXTM offers copy trading through its FXTM Invest platform for retail clients.

Is negative balance protection available?

Yes, all FXTM accounts include negative balance protection to limit client losses.