What is FXTM?
FXTM is a forex and CFD broker based in Mauritius, listed with a foundation year of 2011. It offers leverage up to 1:500, spreads from 0.0 pips and a minimum deposit of $200. Clients trade on MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad and on mobile.
FXTM (ForexTime) Limited - authorized by CySEC (Cyprus) registration no. 185/12
FXTM (ForexTime) Limited - authorized 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
Is FXTM safe and regulated?
FXTM is regulated by FXTM (ForexTime) is a FSC, FCA, CySEC, FSCA Regulated Forex Broke. This is a tier-1 regulator with strict capital rules, segregated client funds and, in many cases, an investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
FXTM account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $200 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
FXTM provides MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:500 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
FXTM supports 9 funding methods, including Bank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza and more. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
FXTM bonus: <p>30% First Time Deposit Bonus</p>
How the promotion works
The current FXTM promotion is <p>30% First Time Deposit Bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the FXTM website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
FXTM pros and cons
Pros
- High leverage up to 1:500
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 9 deposit methods
Cons
- $200 minimum deposit is higher than some rivals
How to open a FXTM account
- RegisterVisit the FXTM website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $200 with Bank wire, Debit/Credit Card, Skrill or another method.
- Start tradingLog in to MT5 for PC, MT4 for PC, MT4 Web Trader, MT4 for Multi Terminal, MT5 for Android, MT5 for iPhone, MT4 for Android, MT4 for iPhone. MT5 for Android, MT5 for iPad, MT4 for Android, MT4 for iPad or the mobile app and set your risk per trade.
Is FXTM a good broker? Our verdict
FXTM suits active traders who want high leverage, raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. Its tier-1 regulation adds a strong layer of client protection. Start small, test a withdrawal, and only trade money you can afford to lose.