FXTM Review
FXTM is a regulated by FCA (UK), CySEC, FSC, FSCA forex broker established in 2011. ForexTime is offering MT4, MT5, WebTrader and FXTM Trader mobile app.
Trading instruments include over 55 currency pairs, Bitcoin, Litecoin, Ethereum cryptocurrencies as well as Stock Indexes, Stocks, Gold, Silver, Oil and other commodities.
Scalping, News Spike Trading and Expert Advisors are supported. Investors may choose to follow successful traders through managed account services. Wide spectrum of trading education materials is provided.
Please read FXTM Reviews below and share live trading experiences with this broker.
Related sites include Exinity.com, Alpari.org.
Broker Details
Minimum Trade Size: | 0.01 |
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Maximum Leverage: | 2000:1 |
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Minimum to Open Live: | $10 |
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Established: | 2011 |
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Address: | Exinity Limited, 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Ebene 72201, Mauritius |
Contact: | support@fxtm.com, +44 20 3734 1025 |
Regional offices: | |
Regulators: | CySEC # 185/12, FSC Mauritius #C113012295, FSCA #FSP No.46614, FCA #777911 / 600475 |
Prohibited countries: |
Trading platforms: | MT4, MT5, WebTrader |
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Web Trading: | ✅ Yes |
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Mobile Trading: | ✅ Yes |
ECN: | ✅ Yes |
Currencies: | (55+) |
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Cryptocurrencies: | (4) Bitcoin, Litecoin, Ethereum |
CFD: | (190+) Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities |
Trading Conditions |
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EAs/Robots: | ✅ Yes |
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News Trading: | ✅ Yes |
Scalping: | ✅ Yes |
MAM: | ✅ Yes |
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Deposit Methods: | Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alfa-Click, Bitcoin, CASHU, Dash, DixiPay, DusuPay, Ether/Ethereum, FasaPay, Globe Pay, Konnexone, Litecoin, Local Bank Transfers, Maestro, Neteller, Ngan Luong, PerfectMoney, Qiwi, Skrill, VLoad, Yandex Money |
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Withdrawal Methods: | VISA, MasterCard, Bitcoin, Dash, DixiPay, DusuPay, Ether/Ethereum, FasaPay, Globe Pay, Konnexone, Litecoin, Local Bank Transfers, Maestro, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, VLoad, WebMoney, Yandex Money |
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Traders Reviews

Fxtm truly stands out
Its truly an ECN broker. Many do complain often about the spread.
The secret is if you wish to target 50 pips,make it 40 pips, so the spread issue is dealt with that way! And yes ECN brokers do take commission cos they are giving you a direct access to world markets. I will rather have a good broker that I know how to handle their spread issue and commission than work with a fraudulent broker.
So yes , Fxtm is one of the best. I also have other brokers I work with, but Fxtm is more reliable. I trust Fxtm. They are among the top 5 for me.


Excellent customer service, quick response
The ECN account is excellent and the spread is almost negligible
Simple, easy to use, uncomplicated website
I had a good experience with it and I expect that I will continue with this forever, especially the feature of copying deals is one of the most beautiful features

This people are thieves and they're not hiding that fact. They manipulate your trades to make sure you lose, they charge you for any single day you did not trade, you can NEVER withdraw money from fxtm platform.
JUST STAY AWAY!!!

1) We DO NOT manipulate or interfere with our client's trades,
2) We DO NOT charge a daily fee for no trading - we charge the 'Inactive Maintenance Fee' if "client does not have any trading activity on all Clients Trading Accounts for a period equal to 6 (Six) consecutive calendar months or more starting from last Clients trading activity, FXTM will charge the Client an amount of 5 EUR/USD/GBP or NGN equivalent per account depending on Clients Trading Account currency on a monthly basis,"
3) Our withdrawal system is working perfectly fine and on a daily basis, withdrawals are being processed and sent for our 4 million+ clients.
Your comment is totally unjustified and if you are facing a 'real' issue, please send an email to social@fxtm.com and include your FXTM ID so we can investigate your case and provide a public response right here. We are awaiting your email.
Ok
Please and please,since I've been trading with FXTM,they have never intervered with my trade,the trade that I place,is what i see,their customer care service is excellent,there server excellent.Just follow there instructions and don't do other wise,you will enjoy there services....pls don't listen to all the negative reviews you read about them,most of this people don't know what forex is all about,when the loose,the look for who to blame....No body paid me a dime to post this review,I live closer to Alaba international market ojo local government area of Lagos State.FXTM are good and reliable broker please feel free to do business with them...


Fraudulent closing of trade high above stoploss

Account Not funded and very slow response to request
I made a payment to fund my account Yesterday, 10/11/2021. Up till now, I haven't seen it reflect in my account.
Its shocking that no one has called, no mail has been sent up till now.
Guys shine your eyes before you trade with all these brokers

Denying of my deposit have been resolved
Sep 30, 2021 - 1 Star I deposited to fxtm bank account and they denying me of my fund which I deposited to their gtbank account with amount of #45000 and the receipt of the deposit has been sent to them, and they refused to fund my trading account, please trader beware of this fxtm company, don't fall a victim.
Reply by ForexTime (FXTM) submitted Oct 1, 2021 Hello!We are kindly asking, please send your MyFXTM account number to our email address support@fxtm.com. We will check this information and promptly reply.
Review Moderation Team Note: This reviewer did provide an account number. While you are logged in as a company representative, you should be able to view it.
Worst Services
1) I couldn't use the FxTm mobile app with a live account. Demo works fine, I don't know why? Contacted customer care chat 15 days ago. Instead of understanding what the problem is, they keep on saying: restart the phone, uninstall and reinstall the app, enter the login id and password correctly, send the screenshots. Seriously? Don't you know that without a correct id and password I can't even login to the app. Finally after 1 hour of chat and doing useless things, chat person said that they are contacting the relevant department (I don't know what that department is) and they will get back to me. But they never show up. So, I started a chat again after a couple of days.. you know what? Same thing... restart the phone, uninstall and reinstall the app... blablablaaa. Again the same answer, our relevant department will get back to you.
2) Finally I have written an email and the reply was again... we will get back to you. It's more than 15 days now.
3) They started charging me swap-free everyday for open positions. I didn't know my account was a swap-free. So, I logged in to the portal and tried to disable the option. It will say "Success", but still show that option in Green. I tried more than 100 times.
I again contacted customer care chat and informed about this. They started like this:- Go to you portal, select the account, click on the swap-free bla bla blaa. Seriously? I was saying that I have already tried that. And they asked me to send the screen shots, which is their template response. I sent and the same template reply again.. our relevant department will get back to you.
And they keep charging my account with some $10 everyday per lot, for their issues.
4) Again I have written an email.. stating the issue that I am unable to disable the swap-free option, I have also asked them the status on the issue with mobile app. Asked them for a refund of charged too that were applied because of this issue.
I was shocked to see the reply. They bluntly said that they don't refund and keep on charging even after I asked 100 times to disable the swap-free. Finally they said they have sent this to the 'relevant' department and they will disable the option. BUT still it is not disabled. And they will keep on charging the fee and I have to pay?????
In that reply, regarding the mobile app, their answer was: Please let us know what's the issue with mobile app???????? WOW! Again started from the beginning.
I am vexed seriously and I am going to close my account with FxTm after withdrawing everything left in the account. I thought of adding more funds if I am satisfied with the services. But now a big NO.
They are here to loot your accounts, that's all. I will go back to my old broker. They are far better!

Trade fraud, closing trade without reason


deposit is easy .... but try to withdraw !!
when I tried to withdraw
they asked me for
1- national ID card photos
2- credit cart photos
3- bill or tax photos
which takes time to be processed
and time to be verified
and time to be accepted
and time to be refund
until now i could not withdraw !! 400$ in their website and they take charges for each day if I am not trading

Frequently Asked Questions
Is ForexTime a good broker?
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.
Additionally, we'd recommend to check recent ForexTime community discussions: https://www.forexpeacearmy.com/community/tags/forextime/
What is the minimum deposit for FXTM?
- Standard Account: minimum deposit is $100
- Cent Account: minimum deposit is $10
- Shares Account: minimum deposit is $100
- ECN Account: minimum deposit is $500
- ECN Zero Account: minimum deposit is $200
- FXTM Pro Account: minimum deposit is $25,000
Is FXTM a legit company?
FXTM is a brand name of ForexTime Group. ForexTime Group is authorized and regulated in various jurisdictions.
ForexTime Limited (EU):
- is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12,
- is licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614.
ForexTime UK Limited:
- is authorised and regulated by the Financial Conduct Authority of UK with license number 777911.
Exinity Limited:
- is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295.
What is FXTM standard account?
- Trading Platforms: MT4 / MT5
- Account Currency: USD / EUR / GBP / NGN
- Leverage / Margin: Floating from 1:2000
- Minimum deposit: $100
- Commission: No
- Spread: From 1.3
- Margin Call: 40%
- Micro Lot (0.01): Yes
- Mini Lot (0.1): Yes
- Standard Lot (1): Yes
- Minimum Volume in Lots per Trade: 0.01
- Maximum Volume in Lots per Trade: 30
- Maximum Number of Orders: 100
- Maximum Number of Pending Orders: 100