| Updated: November 5, 2025- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Mobile Trading Apps
- Payment Methods
- Account Types
- Support
- Conclusion
FXTM, short for ForexTime, is an award-winning trading site that began operating in 2011. It was founded by veteran trader Andrey Dashin. The company has received many accolades over the past eight years. One of its latest achievements is winning the Best Trading Experience category at the 2019 World Finance Awards.
This success would not have been possible if FXTM did not provide a high-calibre trading experience to its users. It offers tight spreads, low minimum deposits, deep interbank liquidity and leverage tailored to clients’ individual knowledge and experience.
Here you can choose from several types of live account, but opening a demo account is also possible. FXTM supports both the original MetaTrader 4 (MT4) platform and its successor, MetaTrader 5 (MT5). Access to the software is available on both desktop and hand-held devices.
Traders who join the FXTM community have a diverse range of instruments to choose from. The broker offers more than 50 currency pairs for Forex trading, but you can also trade futures, contracts for difference (CFDs), shares and commodities.
At FXTM you will also benefit from exceptional customer support, a good range of payment options and personal account managers who can serve you in your native language. Novice traders can take advantage of various educational tools that will help them start their trading journey on the right track.
| General Information about FXTM | |
|---|---|
| Min. Deposit | $200 |
| Supported Languages | Arabic, Czech, English, Spanish, French, Hindi, Indonesian, Italian, Korean, Malay, Polish, Russian, Thai, Urdu, Vietnamese, Chinese (Mandarin) |
| Supported Currencies | N/A |
| Website | https://www.forextime.com/ |
| Phone Number | +44 203 734 10 25 |
| Support Email | support@fxtm.com |
| Headquarters Address | 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius |
Regulations
FXTM is a properly regulated trading outfit whose operations are overseen by several financial regulatory bodies, including those in Hungary, the Netherlands, Denmark, Spain and Norway. The website is operated by ForexTime Limited, a company primarily regulated by the Cyprus Securities and Exchange Commission (CySEC).
The broker has obtained a licence from the Financial Sector Conduct Authority of South Africa. It also serves traders from the United Kingdom under a licence issued by the local Financial Conduct Authority. In Germany, its operations are subject to the regulations of the Federal Financial Supervisory Authority.
Note that the broker enforces certain regional restrictions. You will not be able to set up an account and trade here if you are a permanent resident of the United States, Japan, Puerto Rico, Canada, Haiti, Mauritius, North Korea, North Cyprus or other restricted jurisdictions. For the time being, FXTM serves clients based in the European Economic Area (EEA), Belize and South Africa only.
| Regulator | Licence |
|---|---|
| CMA | 135 |
| FCA | 777911 |
| FSCA | 50320 |
| FSCM | C113012295 |
Trading Instruments
FXTM offers customers a nice set of more than 250 instruments including Forex trading with over 50 currency pairs. Traders who want to diversify their investments have the option to speculate on the price movements of stock shares and indices.Trading spot precious metals is yet another exciting alternative. CFDs on commodities are available as well. The servers of the brokerage company are located in Frankfurt, Hong Kong, and Amsterdam.Trading with Currency Pairs
Currency values constantly fluctuate, which allows for 24/7 foreign exchange trading throughout the entire business week. Forex is by far the most liquid market in the world, with trillions of currency units exchanged each day. This means there is plenty of action even when your domestic market has closed for the day.
FXTM gives you the chance to trade more than 50 currency pairs, including major pairs such as EUR/USD, AUD/USD, GBP/USD, USD/CAD, and USD/JPY. Minor and exotic pairs are also available for trading.
At FXTM, leverage reaches up to 1:30, but the exact ratio varies between financial instruments. Remember that higher leverage is associated with greater financial risk, as it can amplify both potential profits and losses.
Spreads at FXTM are quite competitive. However, the exact spreads differ depending on the type of account you choose to open. For standard accounts, the spread starts at 1.6 pips, while customers who sign up for ECN MT4 or ECN MT5 accounts can benefit from spreads as low as 0.1 pips.
You can also choose between micro, mini, and standard lots, but the available lot sizes again depend on your account type.
Precious Metals
Trading spot metals is another potentially lucrative option for customers of FXTM. You can gain a competitive edge by trading precious metals such as silver and gold, which are highly valued by both investors and industry alike.
These hard commodities have long been considered safe havens by traders, as they tend to retain – or even increase – their value during periods of market instability.
One of the main reasons for this resilience is that the prices of precious metals are rarely influenced by economic or political factors, which helps shield them from inflation. At FXTM, you can trade spot metal pairs such as XAG/EUR, XAG/USD, XAU/EUR, XAG/GBP, and XAU/USD.
CFDs on Commodities
FXTM gives its clients greater flexibility and more opportunities by allowing them to trade CFDs on a range of global commodities. CFD trading is available for UK Brent oil, US crude oil, and US natural gas.
Before you add CFDs to your portfolio, there are a couple of things you should take into account. For starters, the prices of energy commodities fluctuate constantly, with these fluctuations resulting from a variety of factors, including supply, demand, politics, and the general state of the world economy.
This leads to higher market volatility, which in turn translates into potentially more lucrative opportunities for commodity traders. Instead of purchasing the underlying assets, you speculate on the future price movements of the commodities.
With that in mind, trading commodity CFDs is more complex and carries a high risk of rapid losses due to leverage. As much as 83% of retail investor accounts lose money when trading these instruments with FXTM.
Despite the low margins FXTM offers on these instruments, you should first consider whether you have the knowledge and experience to trade CFDs without incurring significant losses. Now that we have addressed this, all energy commodities at FXTM can be traded with maximum leverage of 1:10. The spreads are competitive, ranging from 4 to 11 pips.
CFDs on Indices
Another investment product offered by FXTM is index CFDs, which allow clients to trade some of the most prominent stock indices from Australia, Europe, the United States, and Asia. This broad choice of instruments enables you to build a portfolio that best suits your trading strategy.
Some of the available indices include the DAX 30, S&P/ASX 200, Nasdaq, and the FTSE 100. At FXTM, you can take both long and short positions when trading these indices.
The broker offers flexible leverage that suits the needs of individual traders. This can strengthen your positions and boost your potential returns. Spreads for index CFD trading at FXTM are competitive, ranging from 0.1 pips on ECN accounts to 0.5 pips on standard accounts.
CFDs on Shares
FXTM clients can access shares of some of the world’s largest corporations, including giants like Apple and Amazon. When trading share CFDs, you do not own the underlying shares. Instead, you speculate on the price movements of the companies’ stocks.
This approach shields traders from negative corporate events such as insolvency or a company’s collapse. It also offers additional benefits, including convenient trading hours and real-time data from exchanges like Nasdaq and the New York Stock Exchange.
Spreads start from 0.1 on standard accounts, with FXTM offering you a choice of many corporations, including Johnson & Johnson, General Motors, Bank of America, Chevron, Gap, and Amgen.
Trading platforms
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| MetaTrader 4 |   |   | |
| MetaTrader 5 | | | |
| Meta Trader Mobile | | | |
| Web Trader | | | |
| Trading Information | |
|---|---|
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Demo Account |  |
| Hedging | |
| Scalping | |
| US Traders |  |
| Arabic Traders | |
FXTM offers its clients a standard trading experience via the suite of trading platforms developed by the well-known MetaQuotes Software. The broker uses the MetaTrader 4 software, although downloading its successor, MetaTrader 5, is also a viable option.
The platforms can be installed on desktop and mobile devices, but you can also use the web version directly in your browser. If you are new to trading, we suggest you install and use both terminals in parallel. This will enable you to see the differences and choose the platform that best suits your style.
MetaTrader 4
Traders interested in joining FXTM have the option to download and install the robust MetaTrader 4 (MT4) platform on their desktop computers. While this platform offers little variation in terms of functionality from one trading site to another, there are major differences in how leverage, spreads, commissions and execution are set up.
MetaTrader 4 offers plenty of useful features, including technical indicators that enable you to detect patterns in the price fluctuations of different financial instruments. You can also group instrument quotes by time interval.
There are various analytical tools that can help you spot trends in price movements. Traders can build channels such as Andrews’ Pitchfork, the standard deviation channel and the equidistant channel.
The hedging function is supported, allowing you to open multiple long or short positions for a given instrument. With the strategy tester, you can try to optimise different trading robots before you start utilising them in real trading.
MetaTrader 5
MetaTrader 5 is the improved successor to the popular trading software, launched in 2010. Despite the fact this is the newer version of the platform, many experienced traders have grown accustomed to MT4 and prefer it over MT5. Personal preferences aside, the newer trading terminal gives you access to more than 250 instruments for Forex, spot metals, indices, and share CFDs.
The new version is equipped with various additional features, starting with the embedded chat that allows you to converse with other members of the trading community directly via the platform. You will also benefit from an economic calendar that provides the latest macroeconomic news that can influence price fluctuations of different instruments.
The WebTrader
FXTM clients looking for software-free access can load the trading platform on their PCs or Macs directly in their browsers. The web version of MT4 is safe to use, highly efficient and compatible with all major operating systems. You can open it in any browser, including Opera, Chrome, Mozilla Firefox, Safari and Microsoft Edge.
It supports 18 different languages, while its user-friendly interface renders it usable even for inexperienced traders. Here you will find the one-click trading feature, real-time quotes and 9 different timeframes. More experienced traders will benefit from various advanced analytical tools and extensive account histories.
If you are looking for more exclusive features, you can try the MT5 WebTrader. This new and improved version offers an advanced strategy tester, more pending order varieties, a more comprehensive trading history and real-time market depth.
Mobile apps
MetaTrader 4 and MetaTrader 5 are both fully optimised for use on smartphones and tablets. As for system specs, you need at least Android 2.1 or iOS 4.0 for optimal performance. A Wi-Fi connection is recommended, although the apps run well on 3G too.
The MT4 version gives you quick and hassle-free access to numerous trading markets, real-time quotes, around 30 technical indicators, 24 analytical objects, 9 timeframes and all the execution methods supported by its desktop counterpart. More experienced traders are presented with a choice of different types of interactive chart.
The MT5 version comes with several additional powerful features, including netting and hedging. There are also customisable chart colour schemes for Forex and stock trading, as well as 24 analytical tools such as Gann, Elliott and Fibonacci. You can trade more efficiently on the fly with the help of bar, candlestick and broken-line charts.
Payment methods
FXTM offers traders a robust payment system that features several payment methods to enhance inclusiveness. This way, clients registering from different countries can choose a banking solution that suits their location.
Customers who prefer to use debit or credit cards can conduct their transactions via Visa, Mastercard and Maestro. Deposits can also be made through a range of digital wallets, including Neteller, Skrill 1-Tap, Qiwi, Yandex, Alpha Click and Dotpay. Another option is to fund your trading account with bank wire transfers.
Currency availability depends on the deposit method. In general, FXTM payments are possible in EUR, USD, GBP, PLN, INR, CZK, RUB and NGN. There are no commissions on deposits. Processing times range from 2 hours for cards and e-wallets to 5 working days for bank wire transfers. Minimum deposit requirements depend on the type of trading account you open.
For withdrawals from your FXTM account, you can use Visa, Mastercard, Maestro, Yandex, Skrill, Neteller, Qiwi and bank wire transfers. Fees and commissions apply to all available methods except the e-wallets Skrill and Neteller.
Those who use Qiwi and Yandex are charged an extra 1.5%, while card withdrawals come with a $3 fee. Withdrawals typically clear within the same working day you submit the request. Keep in mind there is an inactivity fee of $5 if your FXTM account remains dormant for six months or more.
| Brand | Minimum | Fees | Processing Time |
 | $10 | No Fees | 2 hours |
 | $10 | No Fees | 2 hours |
 | $10 | No Fees | 2 hours |
 | $10 | No Fees | Instant |
 | $10 | No Fees | 2 hours |
 | $10 | No Fees | 2 hours |
 | $10 | No Fees | 2 hours |
 | $10 | No Fees | 24 - 48 hours** |
 | $10 | No Fees | Instant |
 | $10 | No Fees | 2 hours |
| Brand | Minimum | Fees | Processing Time |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
| - | No Fees | 3-5 business days |
Account types
In the interest of inclusiveness, FXTM provides its clients with a choice of several account types to accommodate both veteran and novice traders. We weigh up the pros and cons of each supported account type below.
| Market | Leverage |
|---|---|
| Crypto CFDs | 1:5 (FSCA) |
| Crypto CFDs | 1:1000 (FSCA) |
| Metals CFDs | 1:20 (FCA) |
| Commodities CFDs | 1:10 (FCA) |
| Commodities CFDs | 1:500 (FSCA) |
| Crypto CFDs | 1:2 (FCA) |
| Forex CFDs | 1:30 (FCA | Retail Account) |
| Forex CFDs | 1:400 (CMA) |
| Forex CFDs | 1:3000 (FSCA) |
| Indices CFDs | 1:10 (FCA) |
| Indices CFDs | 1:1000 (FSCA) |
| Metals CFDs | 1:3000 (FSCA) |
| Share CFDs | 1:5 (FCA) |
The demo account
The best way for a novice to start their trading journey at FXTM is to practise by setting up a free demo account. Most types of live accounts have mirror demo versions that enable you to develop your skills and put them to the test.
During the registration process, you must provide your name, country of residence, address, email and mobile number. Be sure to enter your phone number correctly, as FXTM will text you a unique four-digit PIN that you must enter during the first steps of registration.
The standard account
Customers can set up live standard accounts with a minimum deposit of $100 or the equivalent in EUR/GBP. Standard accounts rely on the MetaTrader 4 platform and have flexible leverage of up to 1:30. Spreads generally start at 1.3 pips, but this figure may increase during certain periods due to market conditions.
A standard account gives you access to 59 minor, major and exotic currency pairs, 5 spot metal markets and 14 CFDs. The maximum number of pending orders you can have is 100, while your lot volume per trade is restricted to 30. A margin call of 80% applies to all standard accounts.
The cent account
If you are just wading into the vast waters of trading, you can set up a cent account with FXTM. This type is recommended for those who want to trade but lack sufficient experience and cannot afford to lose too much money. Everything here is measured in cents – you can fund your balance with as little as $10 and will have 1,000 cents to trade with.
Regardless of the amount you deposit, your balance will always be displayed in cents. There is also the option to test your cent account in demo mode. There are no commissions for cent accounts, while leverage is flexible based on the trading instrument, with a limit of 1:30.
You can trade 25 major and minor currency pairs and 2 types of spot metals. The maximum number of pending orders is limited to 100. Spreads start at 1.5 pips but float based on market conditions.
The FXTM Pro account
Pro accounts are available for more advanced traders, offering zero spreads and market execution, which means you agree to execute an order at the price offered by the broker.
The main advantage here is that you can trade currencies without having to deal with any requotes. In turn, this results in faster execution of your deals. If you opt for this, you can forget all about last-look pricing. One thing to beware of is slippage, which can become quite large during volatile price fluctuations.
Pro accounts can be set up in MT4 or MT5, but the swap-free option is available only in MT4. This type of account lacks the take-profit and stop-loss options.
On the positive side, it gives experienced traders the freedom to utilise any trading strategy without limitation. With Pro accounts, you can trade 2 spot metals as well as minor, major and exotic currency pairs.
The ECN Zero account
Another option at FXTM is to register for an ECN Zero account, which uses either MT4 or MT5. There are plenty of advantages here, starting with the floating leverage, low spreads (the minimum is 1.5) and the absence of commissions and requotes with market execution.
ECN Zero accounts can be denominated in EUR, USD or GBP. The minimum deposit is $200, and there is no ceiling on the amount you can load into your ECN Zero balance.
You can trade a variety of instruments, including spot metals, CFDs and the three main types of currency pair. The Forex Invest feature is particularly handy because it allows you to use your trading skills to generate additional capital.
This is a copy-trading feature that enables fellow investors to copy your trades. They learn from your trading experience, while you collect a percentage of their returns in exchange for the knowledge you share.
Support
Feedback from FXTM customers is largely positive, which indicates that this broker provides excellent support. The staff behind the help desk offers multilingual assistance for the benefit of customers who are not fluent in the most widely used languages.
You can reach out to them for technical and trading help. VIP customers benefit from the services of personal account managers. As for the supported avenues of communication, there are plenty.
You can contact them via live chat, Viber, the Telegram app, WhatsApp or Facebook Messenger. Another option is to request a callback by completing the form in the help section. Provide your name, address, country and telephone number, and they will contact you shortly to assist.
Alternatively, you may send an email to info@forextime.com. Calling +357 25 55 8 777 is also an option. The hotlines are staffed on weekdays from 8:00 am to 8:00 pm.
Conclusion
Overall, FXTM is an established online broker with a solid track record, many satisfied clients and a broad assortment of trading instruments. Here you will find very competitive spreads, although leverage is relatively low compared with that of some other trading sites. This is not necessarily a bad thing, though.
There is a huge range of account options to fit the preferences and experience levels of all traders, from complete novices to professionals. Each account type has both its merits and downsides, so be sure to compare their features before you sign up.
Our advice is to test FXTM before you commit real capital. One of the few negatives is that the broker does not work with clients from the United States. The crux of it is that FXTM is a trusted, properly regulated platform with an immaculate reputation, great spreads and plenty of trading options. We can gladly recommend it to traders from all walks of life.