This 2026 review of FXTM analyzes the broker’s account structure, trading conditions, and regulatory standing, helping you decide if its offering suits your trading style.
Founded in 2011, FXTM has established itself as a global broker serving over 3 million clients. It operates under the Exinity Group and holds licenses from the UK’s Financial Conduct Authority (FCA), Financial Services Commission (FSC) of the Republic of Mauritius, Securities and Commodities Authority (SCA) of the UAE, and the Capital Markets Authority (CMA) of the Republic of Kenya.
The broker has several unique features, such as the PrimoConnect community forum for traders to discuss markets, and the FXTM Invest program for copy trading.
FXTM Overview
FXTM Overview
FXTM
- Minimum Deposit$200
- SpreadMedium
- Trading FeeFree
- Deposit FeeFree
- Withdrawal FeeVaries
- Account OpeningWithin 24 hours
Pros and Cons
Pros and Cons
Pros
- Regulated by major authorities such as the FCA
- Competitive spreads from 0.0 pips on Advantage accounts
- Proprietary FXTM Invest program for copy trading
- Up to 1:3000 leverage available for global clients
- Proprietary social forum with PrimoConnect
Cons
- Spreads wider than the industry average on commission-free accounts
- $5 inactivity fee after 6 months without trading activity
Account Types
Account Types
FXTM offers three main account types, catering to different trader profiles: Advantage, Advantage Plus, and Advantage Stocks. Here’s how the different account types compare:
Demo accounts are available for practice, and Islamic (swap-free) accounts are offered for traders requiring Shariah compliance. The broker also supports copy trading via its proprietary FXTM Invest program.
FXTM Fees, Spreads, and Commissions
FXTM Fees, Spreads, and Commissions
Trading Fees
Advantage Plus accounts are commission-free with spreads starting from 1.5 pips, while Advantage accounts offer tight spreads from 0.0 pips with a commission of $7 per lot per round turn. For stock CFD trading via Advantage Stocks accounts, spreads start from $0.02 with no commissions applied.
Deposit, Withdrawal, and Other Account Fees
The broker only charges a $3 deposit and withdrawal fee for transactions below $30; any amount above this threshold is free, excluding third-party platform fees applied to specific payment methods.
Accounts may be funded in a wide variety of currencies, and conversion fees apply at the prevailing exchange rate when transacting in a currency that differs from the base currency. Additionally, an inactivity fee of $5 per month applies after 6 months of dormancy.
Trading Platforms Available on FXTM
Trading Platforms Available on FXTM
For the desktop experience, traders will have to rely on MetaTrader 4 (MT4) or MetaTrader 5 (MT5). The broker lacks a proprietary platform to execute trades. However, it does provide the FXTM mobile app that allows basic trade execution and account management.
| Trading Platforms | Availability |
|---|---|
| MetaTrader 4 | |
| MetaTrader 5 | |
| cTrader | |
| TradingView | |
| NinjaTrader | |
| Proprietary Platform | |
| Mobile App |
Assets You Can Trade on FXTM
Assets You Can Trade on FXTM
FXTM is a CFD broker that provides access to over 1,000 financial instruments across indices, forex, commodities, stocks, metals, and more. It offers over 600 stocks, a wider range compared to competing CFD brokers such as Tickmill and ActivTrades:
*Comparison between CFD brokers only
Looking for something else? Compare tradable assets, features, and more at a glance with our powerful broker comparison tool.
COMPARE BROKERSDeposit and Withdrawal
Deposit and Withdrawal
Funding Methods
You can deposit funds via:
- E-wallets such as Neteller and Skrill
- Local bank transfers
- Debit/credit cards
- Wire transfers
- Online payment systems such as GlobePay and Perfect Money
FXTM supports a vast range of local banking options across Asia and online payment systems such as GlobePay, providing accessible coverage for its international client base.
Deposits via cards and e-wallets are typically processed instantly, while bank transfers may take several business days, depending on the bank. Online withdrawals are often processed within the same business day, though international bank wires can take 3–5 business days.
Educational Resources & Research Tools on FXTM
Educational Resources & Research Tools on FXTM
Research Tools
The broker provides a solid suite of research tools, including:
- Economic calendar
- Trading calculator
- PrimoConnect social network
Users can get insights from PrimoConnect, FXTM’s proprietary community forum, where financial markets topics are regularly discussed.
Educational Resources
FXTM offers a robust educational library featuring:
- Trading guides and platform tutorials
- Webinars
- E-books
- Educational videos
The educational syllabus is comprehensive for beginners to get a solid foundation in trading, but the material doesn’t dive deeper into topics for intermediate and advanced traders.
FXTM Customer Support
FXTM Customer Support
Support Channels
FXTM offers 24/5 multilingual customer support via:
- Phone
- Live chat
Response times are acceptable for basic inquiries, and support staff are often noted for being helpful during account setup and onboarding. However, users frequently report unresponsive agents, unclear communication regarding withdrawal issues, and generally slow support across all channels when inquiring about technical problems.
Language Support
Support is available in at least 18 languages, including but not limited to:
- English
- Chinese
- Spanish
- Portuguese
- Italian
- Korean
- French
- German
- Hindi
- Arabic
- Vietnamese
- Thai
- Indonesian
The global coverage ensures their support team is well-equipped to handle inquiries from its international clientele.
Safety and Regulations
Safety and Regulations
The broker is regulated by several financial authorities across its entities, including:
- FCA
- FSC
- SCA
- CMA
Only the UK entity, Exinity UK Ltd, is regulated by top-tier authorities such as the FCA, ensuring strict compliance and Financial Services Compensation Scheme (FSCS) protection of up to £85,000. Client funds are held in segregated accounts, and negative balance protection is provided for clients across all entities.
User Experience and Interface
User Experience and Interface
Desktop Navigation and Performance
The desktop experience is defined by the stock MetaTrader platforms. The interface is modular, and the standard experience includes powerful charting capabilities, enabling traders to layer multiple indicators and drawing tools for detailed analysis.
Mobile Navigation and Performance
The FXTM app is the broker’s proprietary unified mobile solution that integrates trading, funding, and account management into a single interface. Users can deposit funds and execute trades on-the-go.
The app provides a modern, intuitive dashboard with biometric login and a clean dashboard view that tracks open positions and margin levels. It’s significantly more beginner-friendly than the native MetaTrader mobile apps, though it lacks the advanced charting capabilities.
Final Verdict
Final Verdict
FXTM is a strong choice for traders who value high leverage and copy trading via FXTM Invest. Its Advantage Account offers competitive pricing, making it suitable for scalpers and algorithmic traders.
The broker's safety profile varies by the clients’ registered entity, with some users reporting withdrawal issues and fund freezes, while others praise the solid track record and long operational history. Finally, the commendable range of tradable assets provides flexibility, especially for traders who prefer stock CFDs.\
Is FXTM the Right Broker for You?
FXTM is recommended for forex traders seeking high leverage (with its global entity) and those who appreciate the vast offering of stock CFDs. Clients from the UK get a safe, well-regulated environment with FCA regulation. It’s also a top contender for those interested in copy trading via the FXTM Invest program.
Who Should Trade with FXTM?
The broker is ideal for scalpers who require tight spreads with Advantage accounts, and copy traders looking for a simple, integrated solution via FXTM Invest. Traders who prefer to invest in stock CFDs will also find FXTM’s product offering appealing.
Disclaimer: This review is for informational purposes only and does not constitute investment advice or a recommendation to trade with any specific broker. Trading foreign exchange (forex) and contracts for difference (CFDs) involves significant risk and may not be suitable for all investors. Leverage can amplify both gains and losses. Always consider your financial objectives, experience level, and risk tolerance before making investment decisions. Broker specifications, features, and availability may vary by region and are subject to change. Please refer to the broker’s official website for the most up-to-date information.
