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
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.
Account types
| Account | Min. deposit | Spreads | Commission |
|---|
| Standard | $10 | From 1.5 pips | None |
| ECN Zero | $200 | From 0.0 pips | Per-lot commission |
Regulation
- ForexTime Limited — CySEC 185/12 (EU) & FSCA 46614 (South Africa)
- Exinity UK Limited — FCA 777911 (UK)
- Exinity Limited — FSC Mauritius C113012295
Bottom line
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.
FXTM — Frequently Asked Questions
Is FXTM regulated and safe?
FXTM is regulated by FCA, CySEC, FSCA, FSC Mauritius, holds client funds in segregated accounts and operates under active financial-services licenses. Verify each license number on the regulator's official website before depositing.
Is FXTM legit or a scam?
FXTM is a legitimate, regulated broker — not a scam. It operates under oversight from FCA, CySEC, FSCA, which require segregated client funds and regular audits. Always confirm the specific entity and license that will hold your account, and avoid clone sites using a similar name.
What is the minimum deposit at FXTM?
The minimum deposit at FXTM is $10. Standard accounts accept this minimum; premium or professional tiers may require more.
How do I withdraw money from FXTM?
Withdrawals from FXTM are returned to your original funding method — card, bank transfer, e-wallet or crypto, depending on how you deposited. E-wallets and crypto are usually fastest; bank transfers take longest. Processing times and limits are set by FXTM, so check its funding page for current details.
What fees and commissions does FXTM charge?
FXTM's main cost is the spread, starting from 0.0 pips (ECN Zero). Raw/ECN accounts add a per-lot commission in exchange for a tighter spread. Also factor in overnight swap fees and any inactivity fee. Compare the all-in cost (spread + commission), not just the headline spread.
What are the typical spreads at FXTM?
Spreads at FXTM start from 0.0 pips (ECN Zero), varying by account type, instrument, time of day and market volatility. Raw/ECN accounts add a commission on top of the tighter spread.
What account types does FXTM offer?
FXTM typically offers a standard (commission-free, slightly wider spread) account and a raw/ECN (tight spread plus commission) account, with a swap-free Islamic option where available. The minimum to open is $10, and platforms include MT4, MT5, FXTM Trader app.
What trading platforms does FXTM offer?
FXTM supports: MT4, MT5, FXTM Trader app. MT4/MT5 are the industry standards; cTrader suits ECN execution; proprietary platforms add broker-specific tools but less third-party compatibility.
What is the maximum leverage at FXTM?
Maximum leverage at FXTM is Up to 1:30 (EU retail) / 1:1000 (offshore). EU/UK retail clients are capped at 1:30 on major FX by ESMA rules regardless of broker policy; professional and offshore-entity clients can access higher leverage subject to qualification.
Does FXTM offer a demo account?
Yes — FXTM offers a free demo account with virtual funds, so you can test the platform and practise a strategy on live prices before depositing real money.
Who is FXTM best suited for?
Beginners and emerging-market traders who want low deposits, tight ECN spreads and strong local support.
