FXTM Review 2026

How safe is FXTM?

FXTM has a trust score of 60, based on its regulation, reputation, and reviews.

1. Regulation

FXTM have multiple business entities, regulated by two tier-1 regulators and three tier-3 regulators.

Your level of regulatory protection depends on your country of residence when you open an account.

2. Reputation

FXTM began in 2011 in Limassol, Cyprus. The broker holds a mid-tier position in terms of global popularity among forex brokers. It receives approximately 18,100 Google searches per month, ranking it as the 43rd most popular forex broker based on 2026 search data. This aligns closely with Similarweb traffic figures from February 2026, which place FXTM as the 34th most visited broker, with 377,401 global website visits.

Country, 10 rows.

Country	2026 Monthly Searches	Rank
Nigeria	1,900	1st
United States	1,300	2nd
Malaysia	880	3rd
South Africa	720	4th
Vietnam	720	5th
United Arab Emirates	590	6th
Pakistan	590	7th
Indonesia	480	8th
Kenya	480	9th
United Kingdom	390	10th

3. Reviews

Our score for FXTM is set against every other broker on forex broker review.

What traders say about FXTM

What other review sites say about FXTM

These are ratings of FXTM from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	2.5 / 5	1,109	Oct 1, 2026

FXTM holds a Trustpilot rating of 2.5 out of 5 from 1,109 reviews, checked Oct 1, 2026.

App Store and Google Play ratings for FXTM

Our score is based on published criteria and is not influenced by these third-party ratings.

How popular is FXTM?

FXTM sits in the lower half for search interest, 35th of 59 on 17,940 branded searches in August 2026. Search interest measures attention, not quality; the score above is the review verdict.

35of 59Search interest rank

17,940

Brand searches, August 2026

-0.1%

vs July 2026

7,200

Login searches

0.3%

Share of all searches

Source: Google search volume, Worldwide, August 2026.

How this is measured

Google Ads reports how many times a month people searched each broker's brand terms, and the brokers are ranked on that figure alone.

A term counts for a broker only when that broker's own website holds the first organic Google result for it; bare brand words that any company could own are left out.

A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.

The figures refresh on the 15th of each month with the newest month Google has published, and the first-result check repeats every quarter.

FXTM at a glance

FXTM spreads and fees

FXTM offers six account types, split into two main categories. Each account type allows clients to focus on different asset classes, as well as offering different spread and commission price models.

1. Raw Account Spreads

These accounts feature much tighter spreads than standard accounts, but a small commission charge is applied to your trades. For this reason, ECN accounts are more suited to experienced traders who may be trading on a larger account.

ECN Forex Spread Comparison, compared on spreads.

ECN Forex Spread Comparison	EUR/USD	AUD/USD	AUD/JPY	EUR/GBP	EUR/JPY
	0.10	0.20	0.70	0.60	0.40
	0.1	0.38	0.64	0.37	0.73
	0.10	0.12	0.26	0.24	0.41
	0.00	0.20	0.10	0.10	0.20
	0.10	0.10	0.90	0.20	1.20
	0.10	0.10	0.50	0.20	0.40
	0.90	0.13	0.17	0.14	0.14
	0.30	0.40	0.50	0.50	0.50
	0.00	0.00	0.50	0.20	0.30
	0.16	0.29	1.50	0.54	0.68
	0.20	0.40	0.60	0.50	0.70
	0.00	0.90	1.60	0.40	1.10
	0.10	0.50	0.70	0.60	0.40
	0.28	0.87	0.59	0.63	0.81

Avg. spreads are taken from each broker’s website and updated monthly. Last update on 1 Sep 2026

Overall, FXTM raw spreads tend to be higher than the average, as shown in the table below.

ECN Accounts allow your orders to be matched with the best bid and ask prices, offered by a list of top-tier liquidity providers. Short for an Electronic Communication Network, they are an automated connection to liquidity providers that cut out the No Dealing Desk Brokers middle man at your broker.

Trading on an ECN account ensures that you get the absolute best price in the market at any given time. FXTM use tiered commissions which mean commission costs will are lower if you hold more equity in your FXTM trading account and the more volume you trade.

ECN Accounts at a glance:

• MT4 and MT5
• $200 minimum deposit
• Leverage up to 1:3000 (1:30 in Europe/The UK)
• Spreads from 0.0 pips

Use the calculator below to compare FXTM’s trading costs with competitors such as Pepperstone, Eightcap and CMC Markets, adjusting for trade size, currency pair, and base currency.

ECN Zero Account An FXTM ECN Zero Account has all the features of the ECN account above but without the commission charges. To compensate for no commissions, you’ll notice that your spreads are slightly wider, but still under the level of Standard Accounts.

ECN Zero Accounts at a glance:

• MT4 and MT5
• $200 minimum deposit
• Leverage up to 1:3000 (1:30 in Europe/The UK)
• Spreads from 1.5 pips
• No Commissions

Another broker that has 1:2000 leverage is HFM, read our HFM Review to find out what we have to say about this broker.

2. Raw Account Commission Rate

Commissions start as low as $2 per lot ($4 round-turn) but as high as $10 per lot ($20 round-turn).

3. Standard Account Fees

There are no commissions on any of the FXTM standard account types. Standard account types are best for new traders who may be trading on smaller accounts.

The FXTM Standard Account is a no-frills option for new traders who want to start trading forex without worrying about extra commissions or fees. The account is not ‘standard’ as such, with the name coming from the fact that traders can trade standard lots.

Standard Accounts at a glance:

• MT4 and MT5
• $200 minimum deposit
• Maximum leverage up to 1:1000 (30:1 in Europe/The UK)
• Spreads from 1.3 pips
• No Commissions

Cent Account The Cent Account is designed to give new traders a taste of the psychology required to succeed. According to fxtm.com in October 2026, the Micro account, which the firm describes as a cent account, has the lowest minimum deposit in FXTM’s range: US$30, or EUR 30 if you’d rather fund in euros. The site displays the minimum as 3,000 USC, and USC stands for US cents, so with 100 USC equal to US$1, you are looking at US$30. No account named Cent appears on fxtm.com in October 2026, and no Cent-to-Micro rename notice is on record, so I would confirm the account terms with FXTM before you fund.

Many traders use Cent Accounts alongside a Standard Account to test new EAs under live trading conditions.

Cent Accounts at a glance:

• MT4 only
• US$30 minimum deposit (displayed as 3,000 USC)
• Maximum leverage up to 1:1000 (30:1 in Europe/The UK)
• Spreads from 1.7 pips
• No Commissions

Shares Account For traders looking to expand their trading portfolio, the FXTM Shares Account gives you access to over 180 individual share CFDs. The accounts feature fixed leverage of 1:10, with the cap set by the regulator of the entity you open an account with, no commissions and real-time price data sourced from the NYSE and NASDAQ.

Shares Accounts at a glance:

• MT4 only
• $200 minimum deposit
• Leverage fixed at 1:10 (1:5 in Europe/The UK)
• Spreads from 0.1 pips
• No Commissions

FXTM Pro Account The FXTM Pro Account is designed for professional traders only. If you trade an institutional account, manage a hedge fund or simply manage your fund of $25,000 or more, this account is for you.

When trading on an FXTM Pro Account, you can be assured that you’ll never be re-quoted or charged a commission. Just direct access to deep pools of liquidity with absolutely minimal interference from FXTM.

FXTM Pro Accounts at a glance:

• MT4 and MT5
• $25,000 minimum deposit
• Leverage 1:200
• Spreads from 0.0 pips
• No Commissions

The Pepperstone vs FXTM review page will help you compare the spreads and features and see FXTM as a leading spread broker.

4. Swap-Free Account Fees

Muslim traders have the option to choose a swap-free account in order to comply with Islamic principles. A swap-free account removes any interest-related charges, in accordance with Sharia law, which prohibits usury.

5. Other Fees

There are no charges on deposits and withdrawals. There is an inactivity fee, however. On the entity regulated in your market the inactivity fee and its grace period are set by that entity, while on the offshore entity it kicks in sooner: 10 USD/EUR/GBP per month after just 3 months.

Verdict on FXTM Fees

If your trading account isn’t well-funded or your volumes are low, FXTM can be quite expensive due to its commission costs. For most retail traders, it’s generally easier to choose a broker with standard commission rates and tight spreads.

Deposits and withdrawals with FXTM

What is the minimum deposit at FXTM?

The minimum deposit at FXTM is US$30 (or EUR 30) for the Micro account, according to fxtm.com, operated by Exinity Limited, as of October 5, 2026.

Account Base Currencies

When setting up your CFD trading account, you will be able to choose from three base currency options being the EUR, USD or GBP. If you are a resident of Nigeria, you may also have the option of an NGN-denominated account. I saw this in an older FXTM document, so I’d double-check it is still offered before counting on it.

Deposit/Withdrawal Options and Fees

To deposit and withdraw funds, you can use a variety of payment methods, including:

• Bank transfer
• Bank wire/wire transfer
• Bitcoin Payments
• Neteller
• Perfect Money
• Skrill
• Webmoney
• QIWI
• Credit Cards (Visa and Mastercard)
• Debit Cards
• China Union Pay
• Western Union
• WorldPay
• Yandex Money

FXTM trading platforms and app

FXTM is known as a specialist MetaTrader broker, focusing its CFD trading platform offering exclusively on the MT4 and MT5 platforms. Unfortunately, this means that if you’re looking to use cTrader, then you are unable to with this broker.

The sheer popularity of the MT4 platform has meant that FXTM will never close MT4 accounts and force clients to change to MT5. If you want to stick to MT4 and the massive back-library of custom indicators and EAs that have been developed for it, then you won’t have to worry about being forced to change by FXTM.

Take a look at the two platforms below.

MetaTrader 4

MetaTrader 4 (MT4) is the tried and tested trading platform that has catapulted forex trading into the mainstream. Whether you have a PC, Mac, mobile, tablet, then FXTM has an MT4 option for you.

The biggest reason to choose MT4 is to gain access to the endless library of custom indicators and expert advisors that have been developed specifically for the platform. With an inability to seamlessly transfer indicators from MT4 to MT5, many traders prefer to stick to MT4 to continue trading their proven strategy.

FXTM’s MT4 platform also allows traders to access the multi-terminal feature that is unavailable on MT5.

MetaTrader 5

MetaTrader 5 (MT5) is the next generation trading platform from MetaQuotes. Just like on MT4, you can access the MT5 platform on PC, Mac, mobile trading (IOS and Android), tablet and through any browser thanks to the WebTrader option.

While many features are exclusively available on MT5, the fact that you can’t transfer custom indicators and EAs without having the code re-written remains the platform’s biggest drawback.

You can, however, trade all the major markets offered by FXTM directly from your charts in the MT5 platform and access several exclusive features that we go over below.

Comparing MT4 and MT5

FXTM encourages traders to download both the MT4 and MT5 platforms, then use them in parallel before making their final decision. However, while the broker ensures that they won’t be deactivating MT4 soon, it will happen eventually.

There are many reasons to start using FXTM’s MT5 platform or make the switch from your current MT4 broker.

Key reasons to use MT5:

• Order execution types and conditions, More in MT5
• Partial order filling, MT5 only
• Market depth, MT5 only
• Indicators, objects, and timeframes, More in MT5
• Economic calendar, MT5 only
• Netting, MT5 only
• Hedging, Now available in MT4 and MT5

If you’re a new client to FXTM, it might be worth considering choosing the MetaTrader 5 (MT5) platform from the start.

FXTM app

Markets you can trade with FXTM

FXTM offers clients the opportunity to trade over 250 financial instruments, all from MT4/MT5.

CFDs

One of the most exciting aspects of FXTM’s range of CFDs to trade is the fact that traders no longer have to change platforms to trade stocks CFDs. Simply trade all asset classes under a single account on the one trading platform.

The range of CFDs that you’re able to trade with FXTM is outlined below.

Forex

FXTM allows you to trade the most popular major, minor and exotic forex currency pairs, on MT4 and MT5. The $5 trillion a day forex market is moving 24 hours a day, 5 days a week, and FXTM is your gateway to all the major currency pairs such as EUR/USD and GBP/USD.

Commodities

Whether you trade spot metals, energy, or soft commodities, FXTM has a CFD market for you. Whether it’s the main part of your trading strategy or simply used for diversification, take advantage of the volatility in commodities markets with FXTM.

Indices

If you’re looking to take advantage of movements in an entire country’s stock market, you’re still able to trade index CFDs on MT4 with FXTM. FXTM’s Indices markets have some of the lowest spreads, making them a popular choice.

Cryptocurrencies CFDs

FXTM allows clients to trade all the major cryptocurrencies, in the form of CFDs. All cryptocurrency CFDs are traded in currency pairs just like forex markets, against the US Dollar. So, for example, if you want to trade a Bitcoin CFD, then you’d trade a BTC/USD CFD.

It is important to note that to access crypto financial instruments, you will need to sign up for an offshore FXTM subsidiary. In the United States, the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA) prohibit retail traders from trading cryptocurrency CFDs. I also see FXTM has announced plans to refocus on the UAE and Asia, but as of writing the entity you would open an account with is still open to retail clients, so I’m treating it as active until that changes. Professional traders still have access to crypto markets.

Share Trading

As highlighted above, the ability to trade individual share CFDs on MT4 is one of the most exciting aspects of opening an account with FXTM. With real-time prices sourced directly from the NYSE and the NASDAQ, trade price movements of some of the largest global companies.

Copy Trading

While we’ve rated FXTM as the best broker for education and analysis, if you have concluded that learning to trade just isn’t for you and you’re simply after trading signals, then FXTM’s copy trading solution may be the answer.

FXTM Invest is FXTM’s copy trading service, similar to the setup at eToro. One caveat from me: I couldn’t find FXTM Invest anywhere in FXTM’s current site menus, so it may have been discontinued. I’d confirm with their support team before relying on it. You follow the FXTM traders, known as strategy managers in this case, with the risk management principles and system that align with your expectations.

If you’re a risk-tolerant trader, then choose a high-risk system. If you want short term results, then choose a scalping system. The choice is entirely up to you.

Steps toward copy trading with FXTM Invest:

1. Choose a Strategy Manager
2. Make a deposit
3. Automatically copy the strategy
4. Cash in when they profit
5. Share a percentage with the Strategy Manager.

FXTM customer service, research and education

As you can see by the multiple business divisions, FXTM is a truly global forex broker. As a result, their customer support is diverse and wide-reaching to match each client’s needs depending on the region.

This means that they have a massive customer support team that is ready to answer your questions, in whatever language you ask them in. Their client focus ensures that they are there to make your trading experience as seamless as possible.

FXTM support methods:

• Web. The support section of the FXTM website featuring frequently asked questions is your ideal place to start.
• Live Chat. If you’re looking for instant answers to all of your questions, whether you’re a client or not, this is your best bet.
• Email. For those in-depth questions that require a solid record of communication, the FXTM support email address is also available to all.
• Phone. Call any of the regional office phone numbers and speak to someone in your language.

Research and education

Rated as the broker offering the best forex education opportunities for CFD trading, the learning material available to FXTM account holders is second to none.

New traders or those simply looking to learn new methodologies are well catered for, with a multitude of tutorials and articles throughout the website. Experienced traders, on the other hand, have access to some of the brightest economic minds in the game.

Forex Education

FXTM allows traders to expand their forex trading knowledge thanks to a plethora of educational content. The market analysis and education sections of their website are some of the most in-depth that we’ve come across.

Ways to learn forex with FXTM:

• Forex eBooks
• Webinars on both education and analysis
• Forex trading guides
• How to trade new trading strategies
• Education and news videos

Whether you’re the type of trader that learns through visual or text-based mediums, FXTM has an option that caters to you.

New traders are often overwhelmed with the sheer amount of information required to succeed in the markets. But FXTM’s forex education breaks down the fundamental concepts in an easy to consume manner.

Forex Webinars

If you’re someone who learns by visual means, then free forex webinars for FXTM traders will be of interest to you.

Headed by FXTM’s head of education, Andreas Thalassinos, the broker’s webinars cover a wide range of education and analysis topics to help traders make money in the markets.

Topics FXTM forex webinars cover:

• Economic data releases such as US Non-Farm Payrolls
• Weekly market previews
• Learn new trading strategies
• Question and answer sessions with pros

Market Analysis

If you’re a more experienced trader who’s looking to take their trading to the next level, then FXTM’s market analysis is worth checking out.

The market analyst team at FXTM consists of:

• Jameel Ahmad, Global Head of Currency Strategy and Market Research
• Hussein Sayed, Chief Market Strategist (Gulf & MENA)
• Lukman Otunuga, Research Analyst
• Han Tan, Market Analyst
• Andreas Thalassinos (BSc, MSc, MSTA, CFTe, MFTA), Head of Education at FXTM

Our final verdict on FXTM

Our 2026 FXTM review has rated them the best forex education broker. The resources that FXTM has put into both education and analysis exceeds anyone else in the entire industry.

If you’re a new trader who’s looking to learn how to trade, FXTM is worth a look. Why pay for expensive supplementary trading courses from a third party you don’t even know if you can trust, when FXTM’s articles, courses, and webinars are all accessible for free.