FXTM is a reliable and well-regulated Forex broker that provides access to diverse trading assets and user-friendly platforms. They offer a 30-day demo account for risk-free exploration of their platform and boast an impressive trust score of 92 out of 99.
🛡️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 | FCA, CMA, FSC |
| 🌎 Country of Regulation | Mauritius, Kenya |
| 🔃 Account Segregation | ✅Yes |
| 🅰️ Negative Balance Protection | ✅Yes |
| 🅱️ Investor Protection Schemes | ✅Yes |
| 📈 Account Types and Features | Advantage, Advantage Plus Advantage Stocks |
| 📉 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 1:3000 (Varies by Region) |
| ⏺️ 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 |
| 😊 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 |
Overview
FXTM (ForexTime) is a well-established global trading platform that has been providing traders with access to forex (FX), contracts for difference (CFDs), and stocks since its founding in 2011. Their mission is to democratize trading, making it accessible to anyone willing to learn and take calculated risks. FXTM stands out for its commitment to trust, access, and value—promising transparent services, zero spreads on major FX pairs, and world-class educational resources.
With over 1.5 million clients from more than 150 countries, FXTM is a trusted choice in the online trading community.
FXTM offers a diverse range of trading instruments, including forex, CFDs on commodities, indices, shares, and cryptocurrencies. They provide access to real-time price data on US stocks and allow trading of fractional shares, such as 0.3 of one Apple share.
The platform is regulated in multiple jurisdictions, including the UK by the Financial Conduct Authority (FCA), Mauritius by the Financial Services Commission (FSC), and Kenya by the Capital Markets Authority (CMA). Client funds are segregated from the company’s assets and held in top-tier banks, with additional insurance coverage of up to $1 million through Lloyd’s of London.
FXTM offers various account types to cater to different trading needs, including Advantage, Advantage Plus, and Advantage Stocks accounts. They provide access to popular trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the FXTM Trader mobile app.
The platform is known for its strong educational materials, flexible account types, dedicated account representatives, free VPS hosting, and real shares available for trading.
Safety and Security
At FXTM, the safety of your funds is a top priority. The broker ensures complete peace of mind by implementing various protective measures, including insurance coverage for your funds up to $1 million in the unlikely event of insolvency.
FXTM also keeps client funds segregated, ensuring they are entirely separate from the company’s operational funds. With cutting-edge SSL encryption, secure user identification, and server authentication, FXTM provides a secure trading environment for all users.
As a globally regulated broker, FXTM offers its traders an extra layer of protection, backed by its licenses in multiple jurisdictions. These include the Financial Services Commission (FSC) of Mauritius, the Financial Conduct Authority (FCA) in the UK, and the Capital Markets Authority (CMA) in Kenya.
Bonus Offers and Promotions
FXTM enhances your trading experience by offering a variety of promotions and contests designed to provide additional value and recognition.
Promotions:
FXTM offers competitive trading conditions, including low commissions and tight spreads, with zero spreads on major forex pairs
Contests:
Traders can participate in global forex contests for a chance to win prizes and gain recognition among peers.
Refer a Friend:
FXTM provides an affiliate program where you can earn up to $600 for each qualified trader you refer.
Be sure to explore the latest promotions to enhance your returns, while keeping the terms and conditions in mind. Sign up to take advantage of these exciting offers and elevate your trading experience with FXTM.
Cashback Rebates and Partnership Options
The FXTM Affiliate Program provides a great opportunity to earn commissions by promoting FXTM’s trading platform. Affiliates can earn up to $600 per qualified trader, with the potential for unlimited earnings.
FXTM supports affiliates with competitive CPA rewards, real-time reporting via an advanced dashboard, and a variety of high-quality marketing materials to attract traffic. Flexible payment options, including Skrill, Neteller, and SWIFT, are available, ensuring affiliates receive monthly payments with no earning caps.
The program is designed to help maximize earnings and grow your online business, all supported by innovative technology and an intuitive interface.
Minimum Deposit and Account Types
FXTM offers three account types, each with a minimum deposit requirement of $200. The Advantage Stocks account features spreads starting from 6 cents and zero commissions on stock trades. The Advantage account offers spreads from 0.0 pips with varying commission rates, while the Advantage Plus account provides spreads starting at 1.5 pips with no commissions.
Both the Advantage and Advantage Plus accounts give access to a wide range of instruments, including forex, spot metals, and CFDs, all available on the MetaTrader 5 (MT5) platform.
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
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.
Trading Platforms
FXTM provides two powerful trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both widely used by traders of all experience levels around the world. These platforms allow you to trade and monitor the markets in real-time, whether on desktop, mobile, or web versions.
While both platforms offer advanced technical analysis tools and a broad range of features, MT5 includes extra functionality, such as additional timeframes, an economic calendar, and multi-currency strategy testing.
Whether you’re a beginner or an experienced trader, you can select the platform that best fits your trading style and requirements.
Fees, Spreads, and, Commissions
FXTM provides competitive pricing with spreads starting from as low as 0.1 pips. The broker strives to maintain low costs with variable commissions, which are often zero for standard accounts. Certain accounts, such as the Advantage account, offer spreads as low as zero on major forex pairs and gold.
In addition, FXTM offers a range of funding and withdrawal options, with fees that vary depending on the method and account type, providing flexibility for traders globally.
Deposits and Withdrawals
FXTM offers a wide variety of deposit and withdrawal methods to meet the needs of its global clientele. Whether using credit cards, e-wallets, local payment methods, or even cryptocurrency, FXTM ensures a smooth, secure, and efficient process. All funds are held in top-tier banks and fully segregated for added security. With global regulation in place, FXTM guarantees the safety of your funds while providing flexible payment options to manage your deposits and withdrawals seamlessly.
Education and Research
FXTM offers a comprehensive range of educational resources designed to support traders at all skill levels. These resources include free webinars, video tutorials, and in-depth articles, ensuring that both beginners and experienced traders have access to valuable information and tools to improve their trading skills.