FXTM Company Profile Official Website Link
FXTM (ForexTime) is an international online Forex and CFD broker founded in 2011, part of the Exinity Group. FXTM has gained wide recognition in the industry for its global service network, diverse account options, focus on emerging markets, and rich educational resources and innovative trading tools (such as FXTM Invest copy trading).FXTM offers a variety of financial instruments covering Forex, Index CFDs, Stock CFDs, Commodity CFDs, and in some regions, Cryptocurrency CFDs, committed to providing comprehensive trading solutions and customer service to traders of all experience levels worldwide.
FXTM Quick Overview
| Item | Details |
| Year Founded | 2011 |
| Main Operational Hubs | Cyprus, UK, Mauritius, etc. |
| Main Regulations | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius), CMA (Kenya) |
| Market Instruments | Forex, Stock CFDs, Index CFDs, Commodity CFDs, (Cryptocurrency CFDs subject to region) |
| Minimum Deposit | 200 USD |
| Maximum Leverage | Up to 3000:1 |
| Main Platforms | MT4, MT5, FXTM Trader App, WebTrader |
| Demo Account | Yes |
| Customer Support | 24/5 multilingual online customer service (including instant messaging apps) |
Pros & Cons
| Pros | Cons |
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Is FXTM Legit?
Yes, the FXTM brand is authorized and regulated by multiple financial authorities through its operational entities in different regions worldwide, including the UK's FCA and Cyprus's CySEC. This provides a degree of assurance for the legitimacy of its operations and the safety of client funds.| Regulatory Body | Regulated Entity | Status/License No. |
| FCA (UK) | Exinity UK Ltd | Regulated (777911) |
| CySEC (Cyprus) | Forextime Ltd | Regulated (185/12) |
| FSCA (South Africa) | ForexTime Ltd | Regulated (FSP 46614) |
| CMA (Kenya) | Exinity Capital East Africa Limited | Regulated (135) |
| FSC (Mauritius) | Exinity Limited | Regulated (C113012295) |
Market Instruments
FXTM offers a diverse range of financial instruments, allowing traders to access a wide market.| Tradable Assets | Supported (and General Info) |
| Forex | Yes (Over 60 currency pairs) |
| Share CFDs | Yes (Hundreds of US, HK stocks, etc.) |
| Index CFDs | Yes (Major global indices) |
| Precious Metal CFDs | Yes (Gold, Silver) |
| Commodity CFDs | Yes (Crude oil, Natural gas, etc.) |
| Direct Stock Trading (Stocks) | Yes (May be offered in some regions) |
Account Types & Fees
FXTM offers multiple account types to suit different traders' styles and capital levels.Important Reminder: Account types and terms (such as minimum deposit, leverage, spreads, commissions, etc.) and related promotions offered by forex brokers often change. The account information provided in this review is based on publicly available data at the time of writing. To ensure you have the most current and accurate account details, it is strongly recommended that you visit the official FXTM website or contact their customer service directly for confirmation before making any decisions.
| Account Type | Minimum Deposit (Typically) | Spreads & Commissions |
| Advantage Account | $200 | Spreads from 0.0 pips, commission $7/lot |
| Advantage Plus Account | $200 | Spreads from 1.5 pips, no commission |
Trading Platforms
FXTM offers mainstream MetaTrader series platforms and its proprietary mobile application.| Trading Platform | Supported |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| FXTM Trader App | Yes (iOS & Android) |
| WebTrader | Yes (for MT4/MT5) |
| Demo Account | Yes |
Deposits & Withdrawals
FXTM offers multiple deposit methods, but some withdrawal methods may incur a fee.- Credit/Debit Cards: Visa, MasterCard, Maestro
- E-Wallets: Skrill, Neteller, WebMoney, Perfect Money, FasaPay
- Bank Wire Transfer: International Bank Transfer
- Local Bank Transfer/Instant Banking: (Available by region)
Note: FXTM generally does not charge deposit fees. However, most withdrawal methods incur a fixed fee or a percentage fee. Be sure to check the latest fee schedule on the official website or in the client portal before making a withdrawal. Withdrawal requests are typically processed within 24 working hours.
Education & Tools
FXTM provides relatively rich and practical resources for trader education and market research.| Resource Type | Provided |
| Webinars/Seminars | Yes (Held regularly) |
| eBooks & Educational Guides | Yes |
| Video Tutorials | Yes |
| Market Analysis & Commentary | Yes (Daily/Weekly) |
| FXTM Invest (Copy Trading) | Yes |
| Economic Calendar | Yes |
| Trading Calculators | Yes |
| MT4 Indicators (e.g., Pivot Points Strategy) | Yes |
Conclusion Official Website Link
Overall, FXTM is a broker with a broad global influence that focuses on education and localized services. Its diverse account types and the FXTM Invest copy trading system provide options for traders with different needs. Multiple regulations also add to its credibility.However, traders should be aware of its withdrawal and inactivity fees and carefully compare the total trading costs of different accounts. For users seeking comprehensive educational support and copy trading features, FXTM is a platform worth considering.
Frequently Asked Questions (FAQ)
| Question | Answer |
| Which major authorities regulate FXTM? | FXTM is regulated by multiple authorities, including the UK's FCA, Cyprus's CySEC, South Africa's FSCA, Kenya's CMA, and Mauritius's FSC. |
| What is FXTM's minimum deposit? | $200 USD for Advantage and Advantage Plus accounts. |
| What trading platforms does FXTM offer? | It primarily offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary FXTM Trader App. |
| What is the commission on an FXTM Advantage account? | The commission on the Advantage account is $7/lot. |
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