FXTM Broker

This FXTM review covers regulation, fees, platforms and bonuses, so you can judge whether this broker suits your trading style in 2026.

FXTM review overview

FXTM, also known as ForexTime, is a forex and CFD broker that was established in 2011. It is headquartered in Mauritius, where the operating company Exinity Limited is located at 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius. FXTM is classified as an ECN/STD broker, which means it offers both straight-through processing and standard execution models depending on the account you choose.

The broker is publicly traded and offers its services to clients in many regions. Its website is available in several languages, including English, Chinese, Indonesian, Vietnamese, Thai, Malay, Arabic and more. You can visit the official site at FXTM to see the latest information directly from the company.

FXTM is a broad-range provider, so it is worth looking at the whole picture: the regulation behind it, the account types, the platforms, the costs and the bonus conditions. The sections below walk through each of these areas. For wider comparisons with other providers, independent resources such as AllForexRating publish broker reviews that can help you benchmark FXTM against its peers.

Regulation and safety

Regulation is one of the most important factors when choosing a forex broker. FXTM operates through several entities, each licensed by a different regulator. The licences and registration numbers listed for the group are:

• FXTM (ForexTime) Limited: authorized by CySEC (Cyprus), registration no. 185/12
• FXTM (ForexTime) Limited: authorized by FSCA (South Africa), registration no. 46614
• FXTM (ForexTime) UK Limited: authorized by FCA (UK), registration no. 777911
• FXTM (ForexTime) Exinity Limited: authorized by FSC (Mauritius), registration no. C113012295

Having several regulators can offer more layers of oversight, but it also means that the protections you receive depend on which entity you open your account with. Client protections, compensation schemes and dispute procedures can differ between jurisdictions. Before opening an account, confirm which entity will hold your funds and which regulator supervises it.

FXTM states that client funds are segregated, meaning they are kept separate from the company's operating money. Segregation is a useful safeguard, but it does not remove the risk of trading losses. Always check the current regulatory details on the broker's official website, as licence information can change.

Account types

FXTM offers a range of account options designed for different types of traders. The main features include:

• Free demo account: practise with virtual funds before risking real money.
• Mini accounts: smaller account sizes suited to beginners or traders who want to start with limited capital.
• VIP accounts: higher-tier accounts for more active or experienced clients.
• Islamic accounts: swap-free accounts designed to comply with Sharia principles.
• Swap-free accounts: accounts without overnight financing charges.
• Managed accounts: accounts where trading may be handled on your behalf under the terms offered.

The minimum deposit is 200, and base currencies include USD, EUR and GBP. Specific account conditions, such as commissions, spreads and minimum lot sizes, may vary by account type, so compare them on the official site before you choose.

Trading platforms

FXTM supports the widely used MetaTrader platforms. The available options include:

• MT4 for PC, MT4 Web Trader and MT4 for Multi Terminal
• MT5 for PC
• MT4 and MT5 for Android, iPhone and iPad

Web trading and mobile trading are both available, so you can manage positions from a desktop, a browser or a smartphone. Hedging and scalping are permitted, and news trading is allowed. If you use automated strategies or short-term approaches, check any execution rules in the terms before trading.

Spreads, fees and leverage

FXTM advertises minimum spreads from 0.0 pips, and the maximum leverage offered is 1:500. Spreads are variable and can widen during volatile news events or low-liquidity periods, so the spread you see at any moment may be higher than the advertised minimum.

Leverage magnifies both gains and losses. A high leverage ratio like 1:500 can allow you to control a large position with a small deposit, but it also means that a small market move can wipe out your account quickly. Depending on your country and account type, the leverage you are offered may be lower than the maximum. Check the trading conditions and any commission schedules before you open a position.

Risk warning: Trading forex and CFDs on leverage carries a high risk of losing money rapidly. Only trade with money you can afford to lose and make sure you understand how leverage, spreads and overnight financing affect your results.

Deposits and withdrawals

FXTM supports a broad set of funding methods. Deposits can be made by:

• Bank wire
• Debit and credit card
• Skrill, Neteller, OKPay and Payza
• Western Union Quick Pay, FasaPay and China UnionPay
• Other methods listed on the broker's site

Withdrawals are available through the same range of methods. Processing times, fees and limits can differ by method and by country, so check the official deposit and withdrawal pages before transferring funds. Keeping withdrawals in the same method as your deposit is a common practice and may simplify verification.

Bonuses

FXTM currently lists two bonus offers: a 30% First Time Deposit Bonus as its welcome offer, and a 30% Forex Deposit Bonus as another promotion. FXTM does not offer a no-deposit bonus.

Bonuses can look attractive, but they usually come with conditions such as trading volume requirements, withdrawal restrictions and expiry dates. Bonus terms can change, so always read the full conditions before you deposit. For a broader view of current offers across brokers, you can browse the latest forex bonus offers and compare the terms side by side.

If you are also interested in market news and analysis that can help shape your trading decisions, FXGainInfo is another resource worth bookmarking.

Customer support

FXTM provides its website in multiple languages, which can make it easier for clients from different regions to navigate the platform. Support options and response times should be checked on the official website, as contact channels and hours may vary. When you test support before depositing, pay attention to how quickly and clearly questions are answered.

Pros and cons

Pros

• Established in 2011 with a multi-entity regulatory structure
• Regulated by several authorities, including CySEC, FCA, FSCA and FSC
• Low minimum deposit of 200
• Leverage up to 1:500 for traders who understand the risks
• Spreads advertised from 0.0 pips
• Supports MT4 and MT5 across desktop, web and mobile
• Free demo account and a range of account types, including Islamic and swap-free options
• Wide choice of deposit and withdrawal methods
• Website available in many languages

Cons

• Regulatory protection depends on which FXTM entity you contract with
• High leverage increases the risk of rapid losses
• Advertised spreads are minimums and can widen in volatile conditions
• Bonus offers come with terms that may limit withdrawals
• No no-deposit bonus is available
• Fees, processing times and some conditions vary by country and method and should be verified directly

Verdict

FXTM is a well-established forex and CFD broker with a long track record since 2011, a multi-regulator structure, support for the popular MetaTrader platforms and a broad selection of account types and funding methods. The low minimum deposit and the availability of demo and Islamic accounts make it accessible to many different traders.

Before opening an account, confirm which FXTM entity and regulator apply to you, read the full trading conditions and bonus terms, and check current spreads and fees on the official site. Traders who value regulatory clarity and a wide product range may find FXTM a sensible option to evaluate, while those who prefer lower leverage or no bonus-related restrictions should look at the terms carefully.

Risk warning: Trading forex and CFDs on leverage carries a high risk of losing money. This review is for information only and is not financial advice.

Frequently Asked Questions

Is FXTM regulated?

Yes. FXTM operates through several entities licensed by regulators including CySEC, FCA, FSCA and FSC. The regulator that applies depends on the entity you open your account with, so check this before depositing.

What is the minimum deposit at FXTM?

The minimum deposit at FXTM is 200. Confirm the current figure and any account-specific requirements on the official website.

Does FXTM offer a demo account and Islamic accounts?

Yes. FXTM offers a free demo account, and it also provides Islamic swap-free accounts alongside other account types such as mini, VIP and managed accounts.

What bonuses does FXTM offer?

FXTM lists a 30% First Time Deposit Bonus as its welcome offer and a 30% Forex Deposit Bonus as another promotion. It does not offer a no-deposit bonus. Always read the bonus terms carefully before accepting an offer.

How can I deposit and withdraw money with FXTM?

FXTM accepts bank wire, debit and credit cards, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay, FasaPay and China UnionPay, among other options. Fees and processing times can vary, so check the official pages for the method you plan to use.