FXTM Review 2026
Global broker with strong education and copy trading
Min. deposit
$200
Max leverage
1:3,000
Spread from
0.0 pips
Platforms
MT4, MT5, Proprietary
Our score
Excellent
Visit BrokerCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor acco…
Our verdict
FXTM is a reliable broker with strong education and competitive pricing on its Advantage account. It is particularly well suited to traders in Africa, Asia and the Middle East.
Best for: Education & emerging markets
FXTM at a glance
FXTM (ForexTime) is an international broker regulated by the FCA, CySEC and FSCA. It is popular in Asia, Africa and the Middle East for its education programs, FXTM Invest copy trading and competitive Advantage accounts.
Rating breakdown
Weighted scores from our broker methodology
Pros and cons
Pros
- Competitive Advantage account pricing
- FXTM Invest copy trading
- Excellent education and webinars
- Strong presence in emerging markets
Cons
- Smaller platform choice
- Some fees on withdrawals
- Tier-1 protection only for UK/EU clients
Key facts
- Founded
- 2011
- Headquarters
- Limassol, Cyprus
- Minimum deposit
- $200
- Maximum leverage
- 1:3,000
- Spreads from (EUR/USD)
- 0.0 pips
- Commission (raw / ECN account)
- From $0.40 to $2.00 per side (Advantage account)
- Execution model
- ECN, STP
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform, Mobile App
- Markets
- Forex, Indices, Commodities, Metals, Energies, Stocks, Crypto
- Number of instruments
- 1,000+
- Regulators
- FCA, CySEC, FSCA, FSC (MU), CMA
- Restricted countries
- USA, Canada, Iran
- Deposit methods
- Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto, Local Bank Transfer
- Withdrawal processing time
- Within 24 hours
- Support hours
- 24/5
- Website
- forextime.com
Account types
| Account | Min. deposit | Spread | Commission | Leverage |
|---|---|---|---|---|
| Advantage | $200 | From 0.0 pips | $0.40–$2.00 / side | 1:3000 |
| Advantage Plus | $200 | From 1.5 pips | None | 1:3000 |
Is FXTM safe and regulated?
FXTM is authorised by 5 financial regulators: FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), FSC (MU) (Mauritius) and CMA (Kenya).
This includes tier-1 oversight from FCA — among the strictest regulators in the world, with capital requirements, regular audits and client-money rules.
Client protections include segregated funds and negative balance protection.
Note that FXTM does not accept clients from USA, Canada and Iran.
FCA
Financial Conduct Authority · Tier 1
CySEC
Cyprus Securities and Exchange Commission · Tier 2
FSCA
Financial Sector Conduct Authority · Tier 2
FSC (MU)
Financial Services Commission · Tier 3
CMA
Capital Markets Authority · Tier 3
Fees, spreads and commissions
Spreads at FXTM start from 0.0 pips on EUR/USD, while the typical spread on the standard account is around 1.5 pips.
Commission on raw or ECN-style accounts: From $0.40 to $2.00 per side (Advantage account).
The minimum deposit is $200.
Funding fees: Varies by method.
Trading platforms and markets
FXTM supports MetaTrader 4, MetaTrader 5, Proprietary platform and Mobile App.
Advanced traders benefit from copy trading and expert advisors and algorithmic trading.
You can trade 1,000+ instruments across forex, indices, commodities, metals, energies, stocks and crypto.
Execution model: ECN and STP.
Deposits and withdrawals
Supported funding methods include Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto and Local Bank Transfer.
Withdrawal processing time: Within 24 hours.
Accounts can be opened in USD, EUR, GBP and NGN.
Customer support
Customer support is available 24/5 via live chat, email, phone, whatsapp and telegram.
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FXTM FAQ
Is FXTM regulated?
Yes. FXTM is regulated by FCA, CySEC, FSCA, FSC (MU) and CMA.
What is the minimum deposit at FXTM?
The minimum deposit at FXTM is $200.
Which trading platforms does FXTM offer?
FXTM offers MetaTrader 4, MetaTrader 5, Proprietary platform and Mobile App.
Does FXTM offer Islamic (swap-free) accounts?
Yes, FXTM offers swap-free Islamic accounts on request.
How long do withdrawals take at FXTM?
Withdrawals at FXTM are typically processed within 24 hours.
What is the maximum leverage at FXTM?
Maximum leverage is 1:3,000, depending on the entity, account type and your location. Retail clients in the UK, EU and Australia are usually capped at 1:30.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 70% and 85% of retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.