Rated 4.4 / 5 · Best for Beginners and emerging-market traders who want low deposits, tight ECN spreads and strong local support.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with FXTM. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Regulators FCA, CySEC, FSCA, FSC Mauritius
Min. deposit $10
Spread from 0.0 pips (ECN Zero)
Max. leverage Up to 1:30 (EU retail) / 1:1000 (offshore)
Platforms MT4, MT5, FXTM Trader app
Founded 2011 · Limassol, Cyprus / Mauritius
Pros
Regulated by FCA, CySEC, FSCA and FSC Mauritius
Very low minimum deposit — start from $10
ECN Zero account with spreads from 0.0 pips
Strong presence and local support across Africa and Asia
Extensive education and market analysis for beginners
Cons
Inactivity fee after 6 months dormant
Product range narrower than Exness or Pepperstone
EU leverage capped at 1:30 (ESMA)
FXTM review summary
FXTM (ForexTime) is a globally regulated broker founded in 2011, well known for its strong presence across Africa, Asia and the Middle East. It combines tier-1 regulation (FCA, CySEC) with accessible account types — a $10 minimum deposit and ECN Zero spreads from 0.0 pips — making it a popular first broker for emerging-market traders.
FXTM runs on the industry-standard MetaTrader 4 and MetaTrader 5 platforms plus its own mobile app, and backs new traders with a deep library of education and daily market analysis.
FXTM scores 4.4/5 — a solid, well-regulated choice for beginners and traders in Africa/Asia who want low entry costs, tight ECN spreads and strong local support.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with FXTM. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXTM — Frequently Asked Questions
Is FXTM regulated and safe?
FXTM is regulated by FCA, CySEC, FSCA, FSC Mauritius. Client funds are held in segregated accounts at tier-1 banks and the broker operates under active financial-services licenses. Verify each license number on the regulator's official website before opening an account.
What is the minimum deposit at FXTM?
The minimum deposit at FXTM is $10. Most account types accept this minimum; premium tiers may require higher deposits — see the account-types table above.
What are the typical spreads at FXTM?
Spreads at FXTM start from 0.0 pips (ECN Zero). Actual spreads vary by account type, instrument, time of day, and market volatility. Raw/ECN accounts add a per-lot commission on top of the tighter spread.
What trading platforms does FXTM offer?
FXTM supports: MT4, MT5, FXTM Trader app. MT4 / MT5 are the industry standards; cTrader is preferred for ECN execution; proprietary platforms offer broker-specific tools but less third-party compatibility.
What is the maximum leverage at FXTM?
Maximum leverage at FXTM: Up to 1:30 (EU retail) / 1:1000 (offshore). EU retail clients are capped at 1:30 by ESMA rules regardless of broker policy. Professional clients and offshore-entity clients can access higher leverage subject to qualification.
Who is FXTM best suited for?
Beginners and emerging-market traders who want low deposits, tight ECN spreads and strong local support.
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