FXTM

FXTM
Broker (ForexTime) with a strong emerging-market presence, low entry deposits, cent accounts, and solid education, regulated by the FCA, CySEC, FSCA, and others.
At a glance
Website status
See all brokers on FinPip RadarAbout FXTM
FXTM, also known as ForexTime, is a broker founded in 2011 and headquartered in Limassol, Cyprus. It has a strong presence in emerging markets and is known for low entry deposits, cent accounts and solid educational resources.
The broker is regulated across several jurisdictions, holding authorisations from the UK's FCA, Cyprus's CySEC, South Africa's FSCA, the FSC in Mauritius and Kenya's CMA.
Trading is offered on MetaTrader 4, MetaTrader 5 and the FXTM Trader app, covering forex, indices, commodities, metals and stocks. The Advantage account offers EUR/USD spreads from 0.0 pips plus a per-lot commission, while the Standard account is spread-only from around 1.5 pips. The minimum deposit starts at USD 10, and retail leverage is capped at 1:30 in the EU/UK, rising to as much as 1:2000 through offshore entities.
FXTM suits newer traders drawn to low entry deposits, cent accounts and education, as well as those in emerging markets; higher leverage relies on offshore entities. It holds a FinPip rating of 3.9 out of 5.
The bottom line
Broker (ForexTime) with a strong emerging-market presence, low entry deposits, cent accounts, and solid education, regulated by the FCA, CySEC, FSCA, and others.
Regulation & Safety
- FCA
- CySEC
- FSCA
- FSC (Mauritius)
- CMA
Key facts
Fees & Spreads
- Min. deposit
- $10
- Spreads from
- 0 pips (EUR/USD)
- Leverage
- 1:30 for retail clients in the EU/UK; up to 1:2000 via offshore entities.
Spread notes: Advantage account: EUR/USD from 0.0 pips plus a per-lot commission; Standard account runs spread-only from around 1.5 pips.
Platforms
MetaTrader 4
MetaTrader 5- FTFXTM Trader
- Forex
- Indices
- Commodities
- Metals
- Stocks
Pros
- FCA, CySEC, and FSCA regulated with strong emerging-market presence
- Low entry deposit and cent accounts
- Good educational resources
Cons
- MetaTrader 4/5 only
- High leverage via offshore entity
- Wide spreads on the Standard account
User reviews
No user reviews yet. Be the first to review this broker.