FXTM Review 2025

Trust

FXTM Regulations

When we review brokers, we look at the licenses held by each of their entities to understand how well they protect clients. We use a simple three-tier system to rank regulatory bodies, with Tier 1 being the most trusted and offering the highest level of protection.

This is what I discovered about the four entities operating under the FXTM trade name:

• Exinity Limited is licensed and regulated by the Financial Services Commission (FSC) of Mauritius under license number C113012295. We rate the FSC as a Tier-3 regulator. The entity is also licensed and regulated by the Financial Services Conduct Authority (FSCA) of South Africa under license number 50320. We rate the FSCA as a Tier-2 regulator.
• Exinity UK Ltd is licensed and regulated by the Financial Conduct Authority (FCA) of the UK under license number 10599136. We rate the FCA as a Tier-1 regulator.
• Exinity Global Financial Services L.L.C. is licensed and regulated by the Securities and Commodities Authority (SCA) of the UAE under license number 20200000270. We rate the SCA as a Tier-2 regulator.
• Exinity Capital East Africa Ltd is licensed and regulated by the Capital Markets Authority (CMA) of Kenya under license number 135. We rate CMA as a Tier-2 regulator.

How FXTM Protects You

Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity with which they choose to open an account.

Here is how FXTM protects you:

• Keeps client funds segregated.
• Guarantees negative balance protection.

To learn more about the most important safety mechanisms and how they apply to you, click here.

Stability and Transparency

In our Trust category, we assess how stable and transparent a broker is. This includes how long they’ve been in business, the company’s size, and how openly they share essential information.

I learned from FXTM’s LinkedIn page that the broker was established in 2011 and employs more than 100 professionals globally, attesting to its stability and longevity on the market.

I pored over FXTM’s legal documents and found no major discrepancies. All essential information is easily accessible and written in an easy-to-understand way. The client agreement is exhaustive and contains all relevant information pertaining to client safety.

My one small gripe with FXTM is that its accounts sound a bit confusing and indeed misleading. The Advantage Plus account type would suggest better conditions and lower fees compared to the Advantage account type, but this is not the case. The one has a pretty standard pricing mechanism (commission-free trading and floating spreads), while the other features raw spreads from 0.0 pips and a $7 round-turn commission per traded lot (100,000 units).

Is FXTM Safe?

I concluded that FXTM is very safe due to the following factors:

• Licensed and regulated in multiple jurisdictions.
• Client money is protected from the broker’s credit risk.
• No risk to retail traders from incurring a negative balance.

Fees

FXTM Trading Fees

FXTM Spreads

I tested FXTM’s spreads on 18 July 2025 during the London and New York opens. The results are shown in the table below:

Broken down by asset class and compared to the industry average, FXTM’s spreads were generally higher across all popular instruments I tested. The only exception was share CFDs, where the broker offered notably tight spreads.

FXTM Swaps

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight.

The values listed below are for one full base currency contract (100,000 units).

According to my findings, FXTM’s swaps are elevated above the industry benchmark. However, overnight charges tend to fluctuate over time.

FXTM Non-Trading Fees

FXTM does not have a monthly inactivity fee. However, if an account remains dormant for 30 calendar days and the balance is below $10, the broker reserves the right to charge the remaining balance to cover its maintenance costs.

FXTM does not impose a handling fee on deposits and withdrawals, though third-party processing fees may apply.

Are FXTM’s Fees Competitive?

I concluded that FXTM’s spreads and swaps could be lower. On the positive side, the broker does not impose any non-trading fees.

Platforms and Tools

MetaTrader 5 Desktop

I tested the desktop version of MetaTrader 5. The charts, orders, and various instruments are located in easy-to-find places, and even first-time traders can quickly learn their way around. My only gripe with the platform is that its charts feel rugged and outdated compared to newer and sleeker trading stations.

FXTM’s MT5 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more.

MT5 features include:

• Alerts-Setting Option: Traders can set alerts for when the price of a given instrument falls/rises to a predetermined level, which could potentially signal a viable entry opportunity.
• Watchlist Customization: Traders can populate watchlists with their favorite instruments and track market changes more easily.
• One-click Trading: This feature enables instant market entries at the spot price and is invaluable for high-precision traders, such as scalpers.
• Trading from the Chart: Traders can place conventional trading orders directly from the chart, specifying the entry price, volume level, stop and take-profit levels, and more.

In my opinion, MT5 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions.

Charts

I have broken down the available analytical tools and chart configurations below:

• 38 technical indicators: Including trend-based and volume-based indicators, and oscillators to analyze price action and assess market sentiment, helping predict market movements.
• 24 drawing tools: Tools like Fibonacci retracement levels and Elliott waves help identify price patterns, support/resistance levels, and breakout points. However, MT5’s design can make price action harder to interpret.
• 21 timeframes: For multi-timeframe analysis, enabling detailed price action analysis. MetaTrader 5 has one of the largest such offerings in the industry.
• 3 chart types: Price action can be displayed as line, bars, or candlesticks, offering diverse perspectives on trading opportunities.

As shown above, MetaTrader’s charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis.

Orders

MetaTrader 5 features three types of order execution: market, pending, and one-click trading, which supports immediate entries at the spot price.

I have broken down the available order types on the MetaTrader 5 platform below:

• Market Orders: Used for immediate entry at the best available price. They guarantee volume filling, though the entry price may differ from the requested price.
• Limit Orders: Guarantee exact price entries, but won’t be filled if the price doesn’t reach the trigger level.
• Stop Orders: They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and trigger the stop-loss, it will transform into a market order and get filled at the best possible price.

MT5 Desktop: My Key Takeaways

MetaTrader 5 is a solid choice for fast and straightforward order execution. However, its design feels a bit outdated compared to some of the newer, sleeker platforms. As someone who values flexible, scalable charts, I find MT5’s charting tools a little too rigid and not as intuitive as I’d like.

On the plus side, FXTM really boosts the MT5 experience by adding its Pro Trader Tools package. This plugin integrates market research directly into the platform, so traders can stay on top of market developments without leaving their workspace. It also comes with extra analytical tools and more charting options, making it easier to run deeper technical analysis and fine-tune your strategies.

MT5 App

The MT5 mobile app is available on iOS and Android, enabling quick and easy access to the market on the go. It is very useful for opening, terminating, and adjusting open positions.

You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades.

MT5 App: My Key Takeaways

The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action.

FXTM App

The FXTM app is a pleasant improvement upon MT5. It features advanced charting capabilities, powered by the seamless TradingView, and biometric login as an extra layer of security.

The app is also integrated with robust market research and actionable trading signals. To top it all off, it allows for account management on the go.

FXTM Execution Model

FXTM operates as a Straight-through-Processing (STP) broker without a dealing desk. Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the best possible price.

Tradable Instruments

FXTM offers more commodities, share CFDs, indices, and cryptocurrencies than the industry average, while its selection of currency pairs sits around the benchmark.

What Are CFDs?

CFDs (Contracts for Difference) let you trade on the price movements of assets—like gold—without actually owning them.

For example, if you go long on gold and the price rises, you profit; if it falls, you lose—without ever buying real gold.

The biggest perk? You can jump in or out of the market quickly to take advantage of even the smallest price changes.

What CFDs Can You Trade With FXTM?

FXTM Instruments: My Key Takeaways

I found FXTM’s instrument lineup well-balanced and suitable for a wide range of trading styles—from conservative strategies with ETFs to higher-risk approaches using cryptocurrencies and share CFDs.

What really makes FXTM stand out from many competitors, though, is the access to 397 real U.S. stocks that can be traded commission-free, giving traders a genuine investing edge alongside their CFD trading.

Customer Support

Customer Support Channels

Customer Support Test

When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are.

I tested FXTM’s chatbot on 17 July at around 17:09 CET. Before starting, I had to enter my name and email. I began with a few simple questions, like asking about the commission rate. The bot was quick and provided thorough answers. That said, it wasn’t flawless—when I asked whether FXTM offered copy trading, it completely failed to understand the question.

Deposit and Withdrawal

How Do You Deposit Money With FXTM

How Do You Withdraw Money With FXTM

Account Types and Terms

FXTM Account Opening Process

Account opening with FXTM is fast and straightforward. To sign up, follow these steps:

1. Click ‘Open Account’ at the top-right corner of the main page.
2. Select your country of residence.
3. Provide your email address.
4. Choose a password.
5. Submit the one-time passcode.
6. Create a new 5-digit security code.
7. Enter your name, number, and DOB.
8. State your address.
9. Provide the rest of your personal information.
10. Elaborate on your trading experience.
11. Provide your financial background.
12. Configure your trading account.
13. Upload proof of ID and proof of address to verify your account.

FXTM Account Types

*Round-turn per one full contract

In my opinion, FXTM’s Advantage Plus account is designed for casual and less experienced traders. With a minimum deposit of just $200, it’s relatively affordable and accessible to a wide range of traders.

What really sets this account apart is the lack of minimum distance restrictions. This means traders can place stop-loss orders as close to their entry price as they want, allowing for much tighter risk management. In simple terms, it gives you more control over protecting your trades without unnecessary limitations.

The Advantage account suits high-volume traders with its raw spreads from 0.0 pips. However, the $7 round-turn commission exceeds the industry average of $6.

Demo Accounts

FXTM offers a demo account that lets traders explore the broker’s available platforms and test their strategies in a risk-free environment. Since markets are always changing, it’s important to keep your skills sharp without risking real money. You can open a demo account before or alongside your live CFD account.

Swap-Free (Islamic) Accounts

FXTM provides Islamic accounts for swap-free trading under Shariah Law. Please contact the broker for additional information.

What is CFD Leverage?

Leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions, but also the losses incurred from failed trades.

What Leverage Does FXTM Offer?

In the table below, I have listed the maximum retail leverage available with FXTM’s Exinity Limited entity for instruments from different asset classes:

FXTM Restricted Countries

FXTM does not accept as clients residents of the US, Mauritius, Japan, Canada, Haiti, Iran, Suriname, the Democratic People’s Republic of Korea, Puerto Rico, the Occupied Area of Cyprus, Quebec (Canada), Iraq, Syria, Cuba, Belarus, Myanmar, Russia, India, or any other jurisdiction where trading with leveraged products is prohibited by law.

Research

Economic Calendar

The economic calendar informs traders of upcoming economic and financial releases, which could stir price action and result in viable trading opportunities.

Market Analyses

FXTM keeps traders up to date with daily market breakdowns covering stocks, forex, crypto, and more. These articles, found under the Market Analysis section of the website’s Education hub, typically zoom in on a specific asset or event.

Most of the analysis is heavily technical, but you’ll also find elements of fundamental insights woven in. I particularly liked the supporting charts, which serve as clear visual cues, helping traders spot evolving setups at a glance.

Acuity Content

The Acuity Signal Centre combines the best of both worlds—analyst-driven insights and AI-powered research—to deliver high-quality trading signals across a wide range of markets. Each signal typically includes clear entry and exit points, key support and resistance levels, and suitable stop-loss levels, along with a snapshot of overall market sentiment.

FXTM Research: My Key Takeaways

I rate FXTM’s research offering as high quality. Traders can stay on top of market developments with the broker’s detailed analyses, which stand out for their strong technical focus and clear, well-presented charts. On top of that, the Acuity Signal Centre adds another layer of actionable insights, making FXTM’s research especially valuable for day traders and swing traders.

Education

I counted over 250 educational videos and past webinars on FXTM’s YouTube channel. The content covers a wide spectrum—from getting started with account setup, to mastering MetaTrader’s tools, to learning the basics of price action. The material feels light, engaging, and very beginner-friendly. My only gripe is that FXTM no longer publishes new webinars. However, you can watch past recordings on FXTM’s YouTube channel.

Beyond videos, FXTM also provides three main guides—What is Forex Trading?, CFD Trading for Beginners, and Index CFDs Trading—along with a library of articles. These resources do a solid job of explaining essential terms and trading basics, making them well-suited for newcomers. That said, there’s little content aimed at intermediate or advanced traders. The broker could strengthen its educational offering by digging deeper into topics like fundamental analysis and trading psychology.

The Bottom Line

FXTM is a well-established broker, founded in 2012, with a strong regulatory framework. Client protection is robust, with segregated funds and negative balance protection.

In terms of trading conditions, FXTM offers a wide and well-balanced portfolio—over 2,200 CFDs plus 397 real U.S. stocks, which is a rare advantage compared to many CFD-only brokers.

While its spreads and swaps were generally higher than the industry average across popular instruments, share CFDs stood out for their competitive pricing. Non-trading fees are minimal, and deposits/withdrawals are mostly free.

The broker supports MetaTrader 4 and 5, enhanced with its Pro Trader Tools plugin, and its own intuitive mobile app powered by TradingView, which gives it an edge in usability.

Research is a major highlight, with detailed in-house market analyses complemented by Acuity’s AI-driven trading signals. This places FXTM’s research offering above average in the industry. Education, however, is skewed toward beginners—there’s plenty of content for first-time traders, but not enough depth for intermediate or advanced traders.

Overall, FXTM positions itself as a safe and feature-rich broker, best suited for day traders, scalpers, and investors who value access to real stocks, though its spreads keep it from being a top-tier low-cost choice.

FAQ