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FXTM: Review, Analysis and Complete Guide

ForexTime or FXTM is a global broker specializing in leveraged Forex and CFD trading. It is a secure broker, with a global network of offices and regulated in Europe, Middle East, Africa, Asia and Latin America.

Since its founding and launch in 2011 FXTM has reached two million customers, with a presence in over 150 countries. The quality of its offering has allowed it to achieve more than 25 international awards since that date.

Aimed at all types of investors, FXTM offers a variety of financial products, account types and options for both beginners and experts, and user feedback highlights this aspect.

Next we will present a detailed analysis to know all the services that FXTM offers and to define if it is a broker that better adapts to your needs

FXTM Pros and Cons


  • Safe and regulated by a variety of authorities
  • Excellent opinions and acknowledgements
  • Wide variety of financial products
  • Operations with Bitcoin
  • FXTM Invest Program
  • Quality education and visualization tools


  • Metatrader 4 and 5 only
  • No users from the US or EU among other countries are allowed

FXTM Financial Products

One of the reasons for the good opinions about FXTM is the possibility to invest in a large number of instruments that allow the client to always find a good opportunity to make money.

FXTM offers more than 300 instruments available especially Forex, CFDs and an extended offer for directly owned shares, but also allows the trading of metals, indices, some commodities or crypto currencies such as Bitcoin, Ethereum, Litecoin and Ripple.

FXTM cuenta con numerosos productos financieros

Stocks and financial products

Forex: The most developed market by FXTM offers a large number of currency pairs to trade. The offer includes major pairs, as well as minor and exotic ones.

CFDs: Contracts for Difference with (or without) leverage, allow trading on the difference in price of an underlying asset between the opening and closing time of the position (long or short).

Investing in the fluctuations of the underlying assets (e.g. Bitcoin) without the need to be a holder of them is a popularized practice that allows to reduce costs and globalize markets by maximizing trading possibilities.

Actions: In times when trading with CFDs and Forex is driven by the huge supply of smaller brokers, the possibility of trading shares in the traditional way is always valued, accessing the ownership of the share.

At FXTM you will find over 100 stocks to trade although this number is constantly expanding.

Commodities: Users can trade CFDs on Brent oil and crude oil and natural gas.

Metals: Gold and silver combined with dollar, euro and pound sterling complete the narrow offer.

Indices: FXTM clients can trade CFDs on a selection of 11 popular indices from around the world including the US, Germany, Australia and the UK.

Crypto Currencies: FXTM allows you to trade crypto currencies through CFDs on the most liquid cryptographic assets: Bitcoin, Ethereum, Litecoin and Ripple.

Trading en mercados mundiales con FXTM

FXTM Invest

FXTM has launched the FXTM Invest mode. This is an evolution of the basic PAMM and copy trading account services that seeks to balance the program at the level of the global market dominators.

This program allows you to invest by copying trading strategies from other users or strategy managers with talent or proven results. In addition, it allows us to adjust our pretensions to profiles according to risk, time to invest or age of the strategy (the higher the reliability).

The FXTM Invest program is easy to use, just by opening an account and depositing from $100 it is possible to study the trading methods of more than 600 traders with a variety of profiles.

From the strategy manager‘s point of view, the advantage lies in the commission of up to 40% that can be obtained from the profits of users who decide to copy it.

Becoming a manager is very simple, you only need an ECN account, deposit a minimum of $200, a good strategy and expect good results that will attract the attention of other users who decide to invest.

Loyalty Programs

FXTM offers its users access to progressive benefits in order to strengthen their trading portfolio. The program consists of 5 levels according to the amount of money in the account and the age.

With any type of account, as you progress through the program you get commission refunds, investment rebates and some additional benefits.

How to Open an FXTM Account

Opening an account at FXTM is a simple and safe process and that is what most users think about. To register, you must first complete a personal information form.

Cómo abrir una cuenta en FXTM

The system will ask you for an identity card and verification of your address and once it is verified, you can deposit funds into the account and start trading. According to the broker, this procedure is super fast with an average approval time of 12 minutes.

In addition, once registered, FXTM announces a 5 minute fund processing time. Please note that the most difficult part of this process is choosing from the 6 available account options:

Standard account: it is similar to the rest of the online brokers, where the counterpart is your own broker. It allows leverage and Metatrader 4 or 5.

Cent Account: Similar to the previous one, with competitive spreads but at a lower volume that can be opened with a minimum deposit of $10.

Stock Trading Account: less leveraged account that allows trading only in both European and US stocks.

ECN Account: This is the modality that operates without a trading desk and directly with the broker as an intermediary with the liquidity providers.

ECN Zero Account: Similar to the previous one with lower volume and minimum deposit of $200.

FXTM Pro Account: This account as its name suggests is intended for expert trading of large volumes. The minimum deposit is $25,000 and the maximum leverage is less than the rest as a safeguard of the broker’s liquidity.

Requirements and verification

In order to trade on FXTM it is mandatory to verify identity and residence by sending an identity card, passport or driver’s license and another one that confirms the address informed at the time of registration.

These requirements are vitally important when withdrawing funds from your account and make it the safest and most reliable system for investing.

Demo Account

Opening a demo account at FXTM is very simple and you only need to fill out a form with minimal data. Once opened, you can try out all kinds of strategies without any risk and decide if it is the right broker for you.

Cómo abrir una cuenta demo en FXTM

As a test account the user can choose the Standard, Cent, ECN and ECN Zero simulation, to perfectly perceive the experiences with the different modalities of FXTM.

Available Countries

FXTM offers brokerage services in over 150 countries, with the best user reviews. On its site it clarifies that there are countries where it is not available.

Residents of New Zealand, the USA, Mauritius, Japan, British Columbia, Quebec, Ontario, Saskatchewan, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Cyprus Area and all countries belonging to the European Economic Area are excluded from the possibility of investing in FXTM.

How to Use FXTM

Investing in Forex or the rest of the FXTM financial products is actually very simple. They have chosen to make available to their users the classic Metatrader 4 and 5 platforms which are the most popular in the market.

Although the choice not to develop your own platform reduces the options for investors in relation to other online brokers, the tools selected are sufficient to trade comfortably, simply but without losing options.

It is also important to clarify that Metatrader 5 is not available to users of Cent or Share accounts, who are forced to use Metatrader 4. Anyway we already know that it is a high performance platform chosen by a large number of users.

Desktop Platform

For desktop or laptop use FXTM users can choose to download the Metatrader application or use the web version. User and expert opinions highlight that the application runs with better speed and minimizing failures.

Plataforma de Trading de FXTM

Mobile Platform

As with Desktops, FXTM users can trade from their mobile phones by choosing between the web version or the Metatrader application. In this case the opinions are much more drastic when recommending to download the application.

Research and Visualization Tools

One of the most remarkable aspects of this broker is the research, visualization and learning tools it makes available to its users. Providing the possibility of improving trading skills regardless of whether they are experts or beginners talk about the seriousness of FXTM.

The user will find a large section that includes: Forex Explanation, e-Books, Seminars, Webinars, Glossary, Forex Beginners Guide, short training videos, videos and educational articles.

In terms of market research and visualization, the FXTM user has a wide range of tools at his disposal, including

  • Daily market analysis
  • Market Analysis Videos
  • Market Time Podcasts
  • Forex news section
  • Market analysis and advice team
  • Market forecasts
  • Trading Central
  • Economic calendar

Servicios y características de FXTM

FXTM Deposits, Withdrawals, Fees and Limits

A necessary aspect of consultation for anyone looking for a broker with the idea of investing in either Forex, CFDs or crypto currencies like Bitcoin is the deposit and withdrawal policy, commissions and limitations. In the case of FXTM, limits and premiums vary according to the type of account.

Deposit Methods and Minimum Deposit

As a global broker with a strong presence in Africa, FXTM’s range of deposit possibilities is very large. Each country may have some additional options or restrictions but roughly allows for most of the most popular methods.

Deposits can be made by bank transfers, credit cards such as Visa or Mastercard, e-wallets such as Neteller or Skrill, but also many others such as Crypto, which allows deposits to Bitcoin.

At FXTM there are no maximum limits for deposits and the minimums, as we said will depend on the type of account regardless of whether the currency is Dollar, Euro or Pound Sterling: Standard Account 100, Cent Account 10, ECN and ECN Zero MT4 and MT5 200.

For FXTM Pro accounts the minimum is 25000 and for Investment Account 100 and payments are also accepted only in Euro or Pound Sterling.

Withdrawal Methods

Withdrawals at FXTM can also be made through a variety of methods including those enabled for deposits.

Métodos de pago del trading online

Rates and Commissions

Regarding commissions, FXTM frees up deposits and charges amounts close to $3 for credit card withdrawals and $20 for bank transfers, although some electronic purses such as Skrill or Neteller allow withdrawals without commissions.

The commissions that FXTM charges when investing in trading operations also depend on the type of account. The average Forex trading costs for Standard and Cent accounts (is slightly higher) are between 2 and 2.2 pips.

In the case of ECN accounts offered by FXTM, the average trading commission is drastically lower and hovers around 0.8 pips, making it one of the most competitive rates in the market.

The commission for inactivity from 6 months is 5 EUR/USD/GBP.

Fees for crypto-currencies like Bitcoin depend on the account currency.


Regarding the limits in FXTM we have seen that the minimum deposits will depend on the type of account 10, 100, 200 or 25000 depending on whether they are Cent Standard ECN or Pro accounts respectively.

FXTM does not limit a maximum when depositing or withdrawing, the minimum for withdrawal must in all cases reach the commission according to the selected method, which must coincide with the method used to make deposits.

Is FXTM Safe?

FXTM is a safe and reliable broker, regulated by the financial authorities of the different regions where it offers its services. The segregation of its clients’ accounts or the application of complex computer security software reinforces this idea.

análisis y opinión de las mejores plataformas de Trading


We have already said that FXTM is regulated by a wide variety of authorities throughout the world. We highlight the trading authorization granted by the FCA (Financial Conduct Authority), the British body with one of the highest standards.

Compensation Scheme

The FXTM user can trade safely in any jurisdiction covered by UK and Cyprus regulations, which determine this broker’s compensation scheme.

Under British law it must ensure the protection of its clients’ deposits up to £85,000 and Cyprus’ CySEC provides a compensation fund covering up to £20,000 in the event of a default by the broker.

Customer Service

We have proven that FXTM pursues excellence in all aspects of its service quality. Customer service is one of the most important aspects in that regard and we found excellent feedback from its users.

Through its live chat available 24 hours with translation to almost any language the user can get advice on almost any problem, question or complaint. In addition, the broker offers telephone support with specialists in a variety of countries.

We also emphasize that when offering contact via email, consultations and communications are separated in specialized offices for each type of query such as support, advice, account opening, back office or media.

Soporte y servicio de atención al cliente

FXTM Reviews

When consulting the opinions of users who have been trading with this broker we find many coincidences with our own conclusions as “very simple when trading, one can fully concentrate on the strategy”.

We also find those who ponder services such as: “Excellent tools to investigate and learn every day a little more about the world of Forex trading”, in reference to the great amount of resources available.

On the customer service the opinions mark “very good attention, fast and very friendly” or “the service was very pleasant, the advice was very clear and decisive”.

Also, we found the exchange of CFDs with Bitcoin among the opinions : “Never a problem, they are very friendly to serve the client and I had very good experiences with the buying and selling of Bitcoin and everything related to Forex“.

FXTM Alternatives and Competitors

FXTM is a secure broker and offers a service according to each type of client, making it one of the most popular, as well as having won a large number of awards. Anyway it is good to know opinions about the rest of the options.

Check the list below with some opinions about the rest of the brokers listed on the site to assess and compare features:


When investigating FXTM we found a very serious and reliable broker, who enjoys great popularity and good reputation. He aims to compete with the leaders in the market and to do so.

As far as trading is concerned, the offer of both forex instruments, such as CFDs or stocks is quite wide, although in Metals or Commodities it is surpassed by some competitors, users’ opinions also highlight the possibility of investing in cryptosystems such as Bitcoin.

It is also a very interesting option due to the quality of its services, with a variety of languages, aimed at all types of users and above average, and with competitive commissions and rates.

It is definitely a recommended broker, which combines features aimed at attracting both novice and experienced investors, as demonstrated in its program of strategy managers where novices and top traders coexist.

FXTM technical and feature sheet

Main Features FXTM
Countries where it is regulated 150
Price Gratis
View offer
Minimum deposit $10
Time to open account 1 day
Available currencies 30
Available products
Withdrawal fee $3
Inactivity fee 1
Trading Rates Media
Bank card deposit
Deposit with electronic wallet
Demo account available?
Easy to use platform?
View offer

Frequently Asked Questions about FXTM:

⭐️ What is FXTM?

FXTM is a secure global broker regulated by a variety of authorities in the regions it serves. It is one of the world’s most popular brokers and facilitates trading of both Forex and CFDs with leverage, but also trading in real or crypto-currencies such as Bitcoin.

👌 How does FXTM work? How can I use it?

Due to the importance that FXTM has in the market and the variety of public to which it offers its services, the user has a great variety of options for its operations as well as the type of account or service to contract.

Making use of FXTM services is a very simple task for beginners, but with a good variety of complex options and training possibilities for those on the path of online trading.

➡ ️ How to Sell on FXTM?

At FXTM you will find a variety of payment methods for withdrawing funds, including: bank transfer, credit cards or the use of debit cards. Please note that verification of identity and address is required.

✨ How to Make Money on FXTM?

To win at FXTM apply the best strategy to invest in the more than 300 instruments available among Forex, CFDs, stocks, crypto currencies such as bitcoin and more.

One recommendation that coincides with the opinions of users and experts is to take advantage of the FXTM Invest program where you can learn and copy strategies from expert and successful traders.

✅ Is FXTM Safe?

FXTM is a secure and reliable broker regulated by financial authorities in all regions it serves and we highlight its license in UK FCA. Its clients’ accounts are segregated and it applies complex information security technology.

We also emphasize that the broker has the best opinions from experts and users in addition to having received a variety of awards that confirm that it is a safe provider.

️⛳️ Is FXTM regulated?

FXTM is regulated by the most important authorities in the regions where it operates. We highlight the license and regulation of the FCA (Financial Conduct Authority), guaranteeing a safe service according to their high standards.

If you’ve made it this far, you’re in a position to decide if FXTM is the broker you’ve been looking for. Remember to visit our home page to keep informed about the world of Forex with the best reviews and expert opinions.

FXTM User Opinions and Experience

Have you used FXTM services before? Would you recommend it? Tell us about your experience using an FXTM service in the comments.

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