FXTM Review 2026
The full FXTM write-up for United Kingdom traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in United Kingdom
| Regulator | FCA FCA, Financial Conduct Authority (FCA) |
| Licence Number | 777911 |
| Regulated Entity | Forextime UK Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $10 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 1,000+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✓ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD5/month after 6 months |
| Verify on FCA register → | 777911 |
Verdict
Cooks under FCA (licence 777911). Cover charge $10. In United Kingdom, forex leverage is capped at 1:30.
About FXTM
FXTM opened its doors in 2011 out of a kitchen in Limassol, Cyprus. Its menu runs to 1,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Forextime UK Ltd under FCA.
In United Kingdom, FXTM serves as Forextime UK Ltd, cleared by FCA under licence number 777911. Under FCA house rules, United Kingdom traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- FCA regulated, licence 777911
- 1,000+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: MT4, MT5
- Copy trading available
- Founded in 2011 (15 years operating)
- Licences in 5 jurisdictions
Cons
- Inactivity fee: USD5/month after 6 months
- 78% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Key Facts, FXTM
- Regulated by CySEC (EU), FCA (UK), FSC (Mauritius) and CMA (Kenya) across 4 jurisdictions
- FXTM Invest copy trading features verified track records with audited performance history
- Strong localised presence in Africa and Middle East with 24/7 support in local languages
Known Limitations
- EU/UK entities capped at 1:30 leverage; high leverage via FSC entity
- No share CFDs on ECN accounts
- Withdrawal processing times reported slower than ECN-first brokers by some clients
Frequently Asked Questions
Is FXTM regulated?
Yes. FXTM is authorised by FCA, issued to the entity Forextime UK Ltd, an authorisation you can look up for yourself on the official FCA public register.
What is the minimum deposit for FXTM in United Kingdom?
The cover charge is $10, the smallest amount United Kingdom traders need to open a live account with FXTM under FCA rules.
What leverage does FXTM offer in United Kingdom?
In United Kingdom, FCA rules cap FXTM at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is FXTM safe to trade with?
The kitchen passes inspection: FXTM cooks under FCA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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