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Last updated: ·Reviewed by BrokaBoy Research Team

Figures checked: 4 October 2026

FXTM logo

FXTM

ForexTime, an education-heavy broker with strong emerging-market reach

Trustpilot 2.5 (1,106 reviews)
FCA · CySEC · FSCA · CMA · FSCM
Listed Min Deposit
$100
Max Leverage
Up to 1:5000 (entity dependent)
Spread From
0.0 pips
Platforms
3
MT4
Regulation
5
FCA
Founded
2011

Overview

FXTM, trading as ForexTime since 2011, combines MT4 and MT5 access with a large education programme and locally supported payment methods, particularly across Africa and Asia. Several group entities hold licences from tier-one and mid-tier regulators. Account conditions, leverage caps and protections depend on the entity you are onboarded to.

FXTM supports Forex, Metals, Indices, Energies, Stocks, Stock CFDs across 3 platforms, and offers Rewards Plus, Rewards, Advantage, Advantage Stocks accounts to cover most trader profiles. Regulation is held with FCA, CySEC, FSCA, CMA, FSCM.

With spreads starting from 0.0 pips and leverage up to Up to 1:5000 (entity dependent), it's positioned for traders getting started who value fxtm and forextime.

Pros & Cons

Pros
  • Regulated by the FCA and CySEC through group entities
  • Strong education and daily market analysis output
  • Advantage account offers raw spreads from 0.0 pips
  • Well-supported local funding options in several markets
Cons
  • Commission on the raw-spread Advantage account
  • Inactivity fee applies on dormant accounts
  • Product range is narrower than full-service investment brokers

Platforms & tools

MT4 logo
MT4
MT5 logo
MT5
FXTM Trader app logo
FXTM Trader app

Regulation & safety

FXTM is regulated across 5 jurisdictions, through the regulators listed above. Protections such as segregated client funds, compensation schemes and negative balance protection differ by regulator and by the entity you sign up with - open each regulator's page for the specifics.

Fees breakdown

Illustrative summary - confirm current pricing on FXTM's own website.

Spread type

Variable; raw pricing on Advantage accounts, marked-up on Micro

Commission

Volume-tiered, roughly $0.40 to $2 per side per lot on Advantage

Overnight / swap

Swaps apply overnight; Islamic accounts available on request

Withdrawals

Some withdrawal methods carry a fee below a minimum amount; an inactivity fee applies after prolonged dormancy

Opening an account with FXTM

  1. 1Open an FXTM MyFXTM account
  2. 2Complete verification with ID and proof of address
  3. 3Choose the account type and leverage level
  4. 4Fund the account and trial the platform on demo

FAQ

What is the minimum deposit at FXTM?+

FXTM lists a minimum deposit of $100 to open a live trading account. Confirm the current amount on the broker's website, as it can vary by account type and region.

Is FXTM regulated?+

FXTM holds licences with FCA, CySEC, FSCA, CMA, FSCM. The protections you get depend on the regulator and entity you sign up with - see each regulator's page on BrokaBoy for details.

What is the maximum leverage at FXTM?+

FXTM advertises maximum leverage of Up to 1:5000 (entity dependent), depending on the instrument and your jurisdiction. Retail leverage may be lower under local regulation.

What are FXTM's spreads and fees?+

FXTM advertises spreads from 0.0 pips. Volume-tiered, roughly $0.40 to $2 per side per lot on Advantage Swaps apply overnight; Islamic accounts available on request

Which trading platforms does FXTM support?+

FXTM supports MT4, MT5, FXTM Trader app across Rewards Plus, Rewards, Advantage, Advantage Stocks account types.

How do I open an account with FXTM?+

Open an FXTM MyFXTM account Complete verification with ID and proof of address Choose the account type and leverage level Fund the account and trial the platform on demo

User reviews

Reviews below are periodically synced from public review platforms. BrokaBoy does not host, moderate or edit them, and the source timestamp is shown when available. Follow any link to read the full review at the source.

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