| FXTM Summary | |
| Founded | 2011 |
| Registered Country | United Kingdom |
| Regulation | FCA, FSC (Offshore) |
| Trading Instruments | Forex, metals, commodities, stocks, indices, cryptocurrencies, and CFDs |
| Demo Account | ✅ |
| Account Type | Advantage, Advantage Plus, Advantage Stocks |
| Min Deposit | $/€/£/₦200 |
| Leverage | Up to 1:3000 |
| Spread | Close to zero on major FX pairs |
| Trading Platform | MT4, MT5, mobile trading |
| Payment Method | Credit/debit cards, e-wallets, bank wire transfers and local payment solutions |
| Deposit Fee | €/£/$3 or ₦ 2,500 fee for any deposit under €/£/$30 or ₦25,000 |
| Customer Support | 24/5 live chat, contact form |
| Tel: +44 20 3734 1025 | |
| Regional Restrictions | The USA, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic People’s Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, Russia and India |
FXTM Information
FXTM (Forex Time), established in 2011, is a globally recognized forex and CFD broker regulated by both the Financial Services Commission (FSC) of Mauritius and the Financial Conduct Authority (FCA) in the UK. The company serves over 2 million clients across 150 countries, offering services in 18 languages. FXTM provides a diverse range of trading instruments including forex, metals, commodities, stocks, indices, cryptocurrencies, and various CFD products. The platform is known for its cost-effective trading solutions with competitive variable spreads that can reach as low as 0 pips. Traders can access the market through its user-friendly MT4 and MT5 trading platforms, available on desktop, web, and mobile devices, enabling convenient trading anytime and anywhere.
FXTM Pros and Cons
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Market Instruments
FXTM offers over various tradable instruments, covering forex, metals, commodities, stocks, indices, cryptocurrencies, and CFDs. However, this broker does not currently support trading on futures, options, and ETFs.
| Tradable Assets | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Precious Metals | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| CFDs | ✔ |
| Futures | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
FXTM offers three different types of trading accounts, which are the Advantage account, the Advantage Plus, and the Advantage Stocks account. All accounts require a minimum deposit requirement of 200. Each account type has its own unique features and benefits, such as different spreads, commissions, and trading instruments.
Demo Account
FXTM offers demo accounts for all its account types. These demo accounts allow traders to test their trading strategies in a risk-free environment using virtual funds. Demo accounts are also useful for new traders who want to learn how to trade before committing real money to live trading.
Trading Platform
FXTM offers three choices of trading platforms, including the popular MetaTrader 4 and 5 platforms, as well as their proprietary mobile trading app.
