FXTM Trading Broker Review

FXTM (ForexTime) is a global forex and CFD broker established in 2011. Headquartered in Limassol, Cyprus, the company has expanded its services to traders around the world, offering a range of trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies. As a fully regulated broker, FXTM operates under several financial authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, and the Financial Sector Conduct Authority (FSCA) in South Africa. This regulatory framework provides a high degree of transparency and protection for traders, ensuring compliance with strict standards.

At-a-glance Statistics

Number of Tradable FX pairs

Number of Regulators

TrustPilot Rating

Number of TrustPilot Reviews

Traffic & Engagement

• Total visits, December 2024:567,958
• Device distribution:
• Desktop: 39.8%
• Mobile: 60.2%
• Visit duration: 00:01:41

Social Traffic

• Visitors:
• Youtube: 65.93%
• Facebook: 5.42%
• X: 8.13%
• Reddit: 5.58%
• WhatsApp: 9.69%
• Other: 5.25%

Geographic Distribution of FXTM Website Traffic

FXTM Contact Information

FXTM’s wide selection of trading instruments allows traders to diversify their portfolios with ease. Whether it’s traditional forex pairs or more complex instruments like cryptocurrencies and commodities, FXTM caters to a variety of trading strategies and risk appetites.

For both novice and experienced traders, FXTM offers a selection of trading platforms designed to suit every level of expertise. These include the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as its own FXTM Trader mobile app. These platforms come equipped with a variety of tools and features designed to enhance the trading experience, making FXTM a solid choice for those new to trading as well as those with years of experience.

General Information about FXTM

Account Information

Trading Information

Spreads

Leverage

Deposit Methods

Regulations and Security

FXTM operates under a strict regulatory framework to ensure a secure and transparent trading environment for its clients. The broker is regulated by several prestigious financial authorities, including the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) in the UK, and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulatory bodies enforce stringent standards, providing an extra layer of protection for traders.

The broker’s commitment to security is evident through its implementation of advanced encryption technologies to safeguard sensitive information and prevent unauthorized access. FXTM uses SSL encryption to protect personal and financial data, ensuring that all client transactions are securely processed. Additionally, client funds are held in segregated accounts, which adds another layer of security and ensures that traders’ money is kept separate from the company’s operational funds.

FXTM’s adherence to regulatory requirements and commitment to customer protection further enhance its reputation in the industry. Traders can feel confident knowing their investments are backed by a reliable and secure broker. Whether you’re a novice trader or an experienced investor, FXTM provides the necessary safeguards for a secure and transparent trading experience.

Account Types and Features

FXTM offers a diverse range of account types designed to meet the needs of traders at various experience levels. The account types available in 2025 are:

• Advantage Account:

  For more experienced traders, the Advantage Account offers tighter spreads starting from 0.0 pips and reduced trading costs. It’s well-suited for traders seeking better trading conditions and more control over their trades, with low commission fees on major instruments.

• Advantage Plus Account:

  Designed for active and professional traders, the Advantage Plus Account offers even tighter spreads and exclusive features. It’s ideal for traders who require the best possible execution speeds, enhanced features, and high-level performance in fast-moving markets.

FXTM also offers Islamic accounts, ensuring compliance with Sharia law for traders seeking interest-free trading.

Opening an Account with FXTM

Opening an account with FXTM is a straightforward process designed to get you started with minimal hassle. The steps to set up a trading account are as follows:

1. Visit the FXTM Website: Go to FXTM’s official website and click on the “Open Account” button.
2. Select an Account Type: Choose from FXTM’s range of accounts, including the Standard, ECN, Advantage, and Cent accounts, each offering different features and minimum deposit requirements.
3. Fill Out the Registration Form: Enter your personal information such as your name, contact details, and country of residence. FXTM requires this for verification purposes.
4. Verify Your Identity: Upload a valid ID (passport, driver’s license, etc.) and proof of address (bank statement, utility bill, etc.) to complete the verification process.
5. Make a Deposit: Choose a payment method such as credit/debit card, bank transfer, or e-wallet to fund your account. The minimum deposit depends on the selected account type.
6. Start Trading: Once your account is verified and funded, download MetaTrader 4 (MT4) or MetaTrader 5 (MT5) and start trading.

Trading Platforms

FXTM offers a variety of robust and user-friendly trading platforms to meet the needs of all types of traders. As of 2025, the broker supports three main platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the FXTM Trader mobile app.

• MetaTrader 4 (MT4): MT4 remains one of the most popular trading platforms globally, known for its user-friendly interface, advanced charting tools, and extensive customization options. With MT4, traders can access a wide range of markets, from forex to commodities and indices, and execute trades with fast execution speeds. It also supports automated trading through Expert Advisors (EAs), allowing traders to implement algorithmic strategies.
• MetaTrader 5 (MT5): The successor to MT4, MT5 offers additional features such as more timeframes, more order types, and an economic calendar. MT5 is also optimized for multi-asset trading, giving traders access to a wider range of instruments, including stocks and futures. With improved charting capabilities and faster execution speeds, MT5 is ideal for traders looking for more advanced tools and greater flexibility.
• FXTM Trader App: Designed for traders on the go, the FXTM Trader mobile app provides a seamless mobile trading experience. Available for both Android and iOS, the app allows traders to manage their accounts, place trades, and monitor market movements in real-time, all from the convenience of their smartphones.

FXTM ensures that all platforms are fully optimized for both novice and experienced traders, offering everything you need for a smooth trading experience.

Trading Instruments

FXTM offers a wide array of trading instruments across various asset classes, providing traders with numerous opportunities to diversify their portfolios. As of 2025, the broker provides access to the following primary categories:

• Forex

  FXTM’s core offering is forex trading, with a broad selection of currency pairs, including major, minor, and exotic pairs. With tight spreads and flexible leverage options, forex traders can capitalize on global currency fluctuations. Popular pairs include EUR/USD, GBP/USD, USD/JPY, and more.

• Commodities

  FXTM allows traders to engage in commodity trading, including precious metals like gold and silver, as well as energy products like crude oil and natural gas. These instruments are popular among traders seeking to hedge against inflation or diversify beyond traditional forex markets.

• Indices

  Traders can also access global stock indices such as the S&P 500, FTSE 100, and NASDAQ. Index trading allows for exposure to a basket of stocks, providing a way to trade the overall performance of an economy or sector.

• Stocks

  Through the Stocks Account, FXTM offers access to a wide range of individual stocks from major global markets, including those in the US, Europe, and Asia. This allows traders to trade shares of top companies such as Apple, Amazon, and Tesla.

• Futures

  FXTM also offers futures contracts for commodities and indices, giving traders the chance to speculate on price movements in a range of markets. Futures contracts allow for more complex trading strategies and can be used to hedge other positions.

Trading Conditions

FXTM offers competitive trading conditions designed to cater to a wide range of trading strategies, from beginner to professional levels. As of 2025, the broker provides traders with attractive spreads, fast execution, and flexible leverage across its various account types.

• Spreads: FXTM offers tight spreads, with the Advantage Plus Account featuring spreads from as low as 0.0 pips on major forex pairs. Other account types, such as the Standard Account, have competitive spreads starting from around 1.3 pips. These low spreads are particularly attractive for scalpers and day traders looking for cost-effective trading opportunities.
• Leverage: FXTM provides flexible leverage options to suit different trading styles. Leverage can go up to 1:1000 on certain accounts, offering traders the ability to amplify their positions and potential profits. However, traders should be cautious, as higher leverage also increases the risk of losses.
• Execution Speed: FXTM offers fast and reliable execution speeds, with instant execution on most accounts. The ECN and Advantage accounts provide direct market access (DMA), ensuring minimal slippage and faster order execution, which is crucial for active traders and those using automated trading strategies.
• Order Types and Tools: FXTM supports multiple order types, including market, limit, stop, and trailing stop orders, allowing traders to execute their strategies effectively. In addition, the broker offers a variety of analytical tools, such as advanced charting, technical indicators, and real-time news feeds, to help traders make informed decisions.
• Minimum Deposit: The minimum deposit required to open an account varies depending on the account type, starting as low as $10 for the Cent Account. For other account types, the minimum deposit ranges from $100 to $500, providing flexibility for traders with different budget sizes.

Deposits and Withdrawals

FXTM offers a variety of convenient methods for both deposits and withdrawals, designed to accommodate traders from around the world. As of 2025, the broker ensures secure, fast, and reliable transactions for all users.

Deposit Methods

FXTM supports a range of deposit options, including credit/debit cards (Visa, MasterCard), bank wire transfers, and e-wallets such as Skrill, Neteller, and Perfect Money. Additionally, FXTM allows deposits via cryptocurrencies, including Bitcoin and Ethereum, offering increased flexibility for traders in different regions. Deposit processing times are generally fast, with most e-wallets and cards processing transactions instantly, while bank transfers may take 1-3 business days.

Withdrawal Methods

Withdrawals can be made using the same methods as deposits, including credit/debit cards, e-wallets, and bank wire transfers. E-wallet withdrawals are usually processed quickly, often within a few hours, while bank transfers may take 1-3 business days. FXTM strives to process withdrawals as quickly as possible to ensure a smooth trading experience.

Fees and Charges

FXTM generally does not charge fees for deposits or withdrawals, although fees may apply depending on the method chosen. For example, certain e-wallets or bank transfers may have third-party fees. It’s essential to check the specific terms of each payment method to understand any potential charges.

Minimum Withdrawal and Deposit

The minimum deposit for most account types starts at just $10 (for Cent Accounts) and varies slightly depending on the account type. Withdrawals are typically processed in amounts starting from $5, providing flexibility for traders of all sizes.

Copy Trading and Additional Services

FXTM offers a range of innovative tools and services designed to enhance the trading experience, particularly through Copy Trading, which is a popular feature for both beginner and experienced traders.

• Copy Trading: FXTM’s Copy Trading service allows traders to replicate the strategies of professional traders. This feature is ideal for beginners who wish to learn by copying the trades of more experienced individuals or those who prefer a passive income stream without spending time on research. FXTM provides a wide selection of traders to follow, and users can choose based on performance, risk level, and trading style. Copy Trading is fully customizable, enabling users to set their risk preferences and decide how much capital to allocate to each copy trade.
• FXTM Invest: An additional feature related to Copy Trading is FXTM Invest, which allows investors to choose from a list of strategies and professional traders to invest in. With FXTM Invest, traders and investors can diversify their portfolios by selecting a trader whose strategy aligns with their risk tolerance and financial goals.
• Education and Research: FXTM also offers a wealth of educational resources, including webinars, video tutorials, and eBooks, to help traders improve their skills. Additionally, the broker provides access to comprehensive market analysis, economic calendars, and trading signals to support informed decision-making.
• Trading Signals: For traders who prefer receiving alerts based on technical indicators and market events, FXTM offers trading signals, which can be a valuable tool for quick decision-making in fast-moving markets.

Customer Support

FXTM provides reliable customer support, available 24/7 to assist traders with any issues or inquiries. Traders can contact support via live chat, email, or phone, with live chat being the quickest way to receive assistance. The support team is multilingual, offering help in several languages including English, Spanish, Russian, and Arabic, among others. FXTM also features a comprehensive Help Centre on its website, where traders can find answers to common questions, guides, and troubleshooting resources. For VIP and high-net-worth clients, dedicated account managers are available to provide personalized assistance and tailored trading solutions. Whether it’s technical support, account management, or general inquiries, FXTM ensures that all traders have access to the help they need to navigate the trading platform and resolve issues promptly. With a combination of accessible communication channels and a knowledgeable support team, FXTM prioritizes customer satisfaction and efficient problem resolution.

Pros and Cons

Conclusion

FXTM stands as a reliable and versatile broker, catering to traders of all experience levels. With a wide selection of account types, competitive spreads, flexible leverage options, and access to numerous trading instruments, FXTM provides the tools necessary for successful trading in 2025. The broker’s robust educational resources and innovative services like Copy Trading and FXTM Invest are valuable for traders looking to diversify their strategies and improve their skills. While its fees and account availability may not suit every trader, FXTM remains a strong choice for those seeking a well-regulated and user-friendly platform. The comprehensive customer support, coupled with advanced trading platforms such as MetaTrader 4 and MetaTrader 5, further enhances the overall trading experience. Overall, FXTM offers a solid combination of trading features, market access, and support, making it a strong contender for both beginners and experienced traders.

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What sets Rational FX apart is its rigorous evaluation process, which considers over 30 different criteria when selecting forex brokers. This comprehensive approach ensures that every aspect of a broker's service is taken in consideration, including regulation, forex spreads, trading platforms, deposit methods, and reputation. With its wealth of experience, transparent review process, and outstanding customer feedback, Rational FX is a trusted source for anyone seeking reliable information on forex brokers. You can reach us via e-mail at feedback@rationalfx.com or contact us through our social media accounts here: Facebook, YouTube, or leave a feedback here.