FXTM

Founded in 2011, FXTM (ForexTime) has established itself as a leading global Forex broker known for its advanced trading technology and outstanding customer support. The company operates internationally, with offices in Cyprus, Nigeria, London, Limassol, Dubai, Hong Kong, Nairobi, and Mauritius. FXTM caters to both retail and institutional traders by offering a wide selection of tradable instruments. Its trading platforms are user-friendly and packed with powerful features, making them suitable for beginners as well as experienced traders.

In this detailed FXTM Review, we will explore the broker’s core features, account types, benefits, and more to help you decide if FXTM fits your trading style and goals.

FXTM is a fully regulated, top-tier regulated forex broker available in over 180 countries. It was founded by Andrey Dashin, who also established the well-known Alpari Group. Since its inception, FXTM has grown into one of the most recognized names in the industry, providing clients with a diverse range of trading instruments and multiple trading platforms.

The broker’s mission is to deliver the best possible trading experience to its clients worldwide. FXTM offers an extensive product portfolio, including metals, stock CFDs, indices, FX indices, currency pairs, commodities, stock baskets, and detailed contract specifications. This wide variety ensures traders have access to multiple markets under one platform, with the flexibility to diversify and explore different trading opportunities.

FXTM Regulations

FXTM is a well-regulated broker, holding licenses from some of the most respected financial authorities worldwide. It is authorized and regulated by the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). In addition, FXTM also operates under the Financial Services Commission (FSC) of Mauritius, further strengthening its global regulatory framework.

Being regulated by top-tier authorities like the FCA and CySEC means that client funds are safeguarded under strict financial standards. FXTM also provides negative balance protection, ensuring that traders cannot lose more money than they have deposited. This adds an extra layer of security and peace of mind for clients when trading.

The FCA, in particular, is regarded as a global benchmark for financial regulation. It supervises banks, insurers, and investment firms, with the primary goal of protecting traders from unfair, misleading, or high-risk practices. With such strong regulatory oversight, FXTM offers its clients a trustworthy and secure trading environment.

Trading Instruments at FXTM

FXTM offers a wide variety of trading instruments, designed to meet the needs of both beginner and professional traders. With its diverse product range, clients can access global markets and trade multiple asset classes on one platform. Below are the key categories available:

Metals
FXTM allows traders to trade gold and silver against the US dollar and other major currencies. A unique highlight is the ability to trade gold with zero spreads, making it a highly attractive option for those interested in precious metals.

Stock Trading
Stock trading through FXTM has gained popularity, giving traders real-time access to global companies. Clients can trade leading US stocks with zero commission, making it easier to diversify into equities while enjoying competitive pricing.

CFD Stocks
FXTM also offers CFD stock trading, enabling traders to speculate on price movements without owning the underlying asset. On the FXTM MT5 platform, spreads start as low as 0.1 pips, with a fixed commission of just $4 per lot.

Indices
Through FXTM’s indices trading, traders gain access to some of the most influential indices worldwide, including DAX 30 (GDAX), Australia 200 (AUS200), US Tech 100 Mini (ND100m), UK100, and US SPX 500 Mini (SP500m). These provide opportunities to trade entire markets with a single position.

FX Indices & Currency Pairs
Currency trading remains at the core of FXTM’s offerings. With over 50 currency pairs, including majors, minors, and exotics, clients can capitalize on fluctuations in exchange rates. FX indices add another dimension, allowing traders to engage with currency baskets for broader exposure.

Commodities
FXTM gives traders direct access to the energy market, including UK Brent oil (spot), US crude oil (spot), and US natural gas (spot). This allows clients to participate in some of the world’s most actively traded commodities.

Stock Baskets
One of FXTM’s unique features is its customized stock baskets, enabling clients to trade an entire industry’s trend without opening multiple individual positions. Examples include the Social Media Index, Green Index (eco-friendly companies), Mobile Index (telecoms), Space War Index (aerospace), and the Vegan Index (agriculture-focused companies).

Minimum Deposit and Withdrawals

FXTM provides traders with a wide range of deposit and withdrawal options, tailored to different regions and countries. The most common payment methods include Visa, MasterCard, FasaPay, Google Pay (GPay), Skrill, Neteller, WebMoney, and Bank Transfer. Additionally, FXTM supports numerous local payment methods and currencies, making it easier for traders in over 180 countries to fund and withdraw from their accounts conveniently.

Minimum Deposit
The minimum deposit requirement varies depending on the account type you choose:

• Micro Account: Minimum deposit of $10

• Advantage Account: Minimum deposit of $500

• Advantage Plus Account: Minimum deposit of $500

This flexible structure allows beginners to start trading with a low entry point while giving professional traders access to accounts with advanced features.

Withdrawals
FXTM offers multiple withdrawal options similar to its deposit methods, including Visa, MasterCard, Skrill, Neteller, WebMoney, FasaPay, GPay, and Bank Transfer, along with a wide selection of local alternatives.

Processing Time

• Deposits: Usually instant, but in some cases can take up to 2 business days.

• Withdrawals: Processed within 24 hours across all supported methods, ensuring fast access to your funds.

With such diverse funding and withdrawal options, FXTM makes it convenient for traders worldwide to manage their accounts efficiently.

FXTM Fees

The FXTM has several fee structures. Usually, the fee structure is spreads, commissions, and swaps. In addition to that, the broker may charge fees for withdrawals in some cases. However, the fees and spread depend on the account type you registered. The micro account spread starts from 1.5 with zero commission. The FXTM spreads for the advantage account is 0, while the commission is the average of $0.40 – $2 based on volume. On the other hand, the spread for Advantage Plus account is 1.5, which has zero commission.

Trading Platforms

FXTM delivers its trading services through industry-leading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with its proprietary mobile app, FXTM Trader. These platforms are designed to provide seamless access to global markets with advanced tools, speed, and flexibility.

FXTM MetaTrader 4 (MT4)

The MT4 platform at FXTM can be accessed on Windows, Mac, mobile devices, and tablets, ensuring traders can stay connected from anywhere. Available in more than 20 languages, MT4 supports both demo and live accounts, making it one of the most widely recognized platforms globally.

With MT4, traders can access a wide range of instruments including forex, stocks, futures, and CFDs. The platform provides:

• Real-time price quotes

• Dozens of indicators and analytical tools

• Streaming financial news

• An integrated economic calendar

These features make MT4 a reliable choice for traders who want stability, speed, and precision in their strategies.

FXTM MetaTrader 5 (MT5)

MT5 is a powerful multi-asset platform designed for traders looking for more advanced features. With its user-friendly interface, MT5 supports forex, stocks, futures, and options trading, delivering faster execution and greater functionality than MT4.

Key benefits of FXTM MT5 include:

• Execution from charts and the ability to trade multiple assets simultaneously

• Four order execution types (compared to MT4’s three)

• 38 technical indicators, 44 graphical objects, and 21 timeframes

• Real-time live charts and quotes with customizable layouts

The platform is ideal for traders seeking speed, flexibility, and enhanced analytical tools.

FXTM Trader App

For traders who prefer to manage their accounts on the go, FXTM offers the FXTM Trader mobile app, available for both iOS and Android. Built with SSL encryption technology, it ensures a secure trading environment while offering flexibility and mobility.

The FXTM Trader app features:

• Live streaming prices

• Advanced charting tools

• Quick trade execution and order management

• Customizable settings and indicators to match individual trading styles

It combines ease of use with advanced functionality, making it one of the most competitive mobile apps in the forex industry.

FXTM Account Types

FXTM provides three main account types — Micro, Advantage, and Advantage Plus — designed to meet the needs of both beginners and experienced traders. Each account comes with unique features, leverage options, and deposit requirements.

Micro Account (Cent Account)

The Micro Account, also known as the Cent Account, is tailored for beginners who want to start trading with minimal risk. It is one of the most popular choices among new traders because of its accessibility and low entry requirements.

• Minimum Deposit: $10

• Leverage: Up to 1:1000 for forex and 1:1500 for metals

• Spreads: Tight spreads, no commissions

• Platform Access: MT4 only

This account is ideal for those just starting out, offering a simple way to practice live trading with smaller amounts while still enjoying competitive spreads.

Advantage Account (Standard Account)

The Advantage Account — often considered the standard account type — is a popular option for intermediate and professional traders. It provides access to both MT4 and MT5 platforms with flexible trading conditions.

• Minimum Deposit: $500

• Base Currencies: USD, EUR, GBP, NGN

• Leverage: Floating leverage up to 1:2000

• Commission: From $0.40 to $2 per lot, depending on volume

• Execution: Market execution with an 80% margin call

With its balance of low commissions and high leverage, this account is best suited for traders looking for tighter pricing and greater control.

Advantage Plus Account

The Advantage Plus Account offers premium features for advanced traders who want maximum flexibility and higher trading capacity. While similar to the Advantage Account, it provides additional benefits.

• Minimum Deposit: $500

• Leverage: Up to 1:2000

• Special Features: Negative balance protection, unlimited number of orders, up to 300 pending orders, and access to a dedicated account manager

• Execution: Market execution

This account type is designed for experienced traders who require advanced tools, greater order capacity, and a more personalized trading experience.

FXTM Broker Tools

FXTM offers numerous broker tools to its clients. These tools include an economic calendar, daily market analysis, pip calculator, profit calculator, forex VPS hosting, a currency converter, and more.

Economic Calendar

The economic calendar by FXTM forex gives traders a breakdown of all the important economic events that are due to take place in the coming week. This information can help traders plan their trading strategies around upcoming news events.

Daily Market Analysis

The market analysis provides traders with in-depth insights into the latest market trends. This information can help traders identify opportunities and risks in the market.

Pip Calculator

A pip is a unit of measurement which is used to show the change in the exchange rate between two currencies. However, the calculation for pips is a bit tricky and time-consuming. Hence, the FXTM pip calculator tool comes in handy, and the pip value will vary depending on the size of the position and the currency pair.

Profit Calculator

FXTM profit calculator tool is used to help traders determine how much profit they will make on a trade. The calculator consider the trade size, the current market conditions, and the user’s desired profit. By inputting these values, the calculator can then provide the trader with a projected profit amount. This information is beneficial to take trading decisions and assessing potential risk.

VPS Hosting

The VPS hosting is a unique service that allows traders to run their trading software on a remote server. Trading software can be very resource-intensive, and running it on a personal computer can often lead to slow performance or even crashes. FXTM VPS hosting allows traders to avoid these problems and trade in a stable environment.

Currency Converter

The currency converter allows traders to see how a particular currency is performing against other currencies. This information can help traders decide which currencies to trade.

If you are a beginner, this is a great opportunity to learn more about the market and plan your trading strategies around it.

FXTM Copy Trading

FXTM Copy Trading gives traders the ability to follow the trading strategies of successful traders without having to risk their own money. FXTM Copy Trading process is simple like a piece of cake. First, you need to select a trader that you would like to copy. You can filter the traders according to their country of origin, investment amount, and trading style. Once you picked the trader, you can observe the trader’s trading history and performance. Further, you can also view the trader’s profit over the months or years. And finally, if everything is okay, you can copy that trader.

Research and Education

FXTM offers a unique Forex education feature that can be accessed through its website. The education platform includes a variety of resources that can be filtered by experience level, topic, and asset class. There is also a library of educational videos, articles, webinars, and podcasts.

Customer Support

The FXTM customer support is available 24/7, and you can reach them through phone, email, or live chat. Also, they have an excellent reputation. Hence, we would definitely recommend FXTM to anyone looking for a reliable forex broker with excellent customer service.