FXTM Review 2026
Best entry point for MetaTrader. Emerging market focus.
Very low $10 minimum deposit and MetaTrader on all accounts. Copy trading available. High leverage offshore. Primarily serves emerging markets.
What's on the menu
FXTM has been serving since 2011, with the kitchen based in Limassol, Cyprus. The firm is privately held. The order book runs deep: 1,000 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader comes plated on every account type. A copy-trading table lets you mirror another trader's orders automatically, no recipe of your own required.
| Founded | 2011 |
| Headquarters | Limassol, Cyprus |
| Instruments | 1,000+ |
| Platforms | MT4, MT5 |
| MetaTrader | Yes, MT4 and MT5 |
| Copy trading | Yes |
| Real stocks | No, CFDs only |
Kitchen inspection: is FXTM safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.
| Regulator | Licence | Entity |
|---|---|---|
| CySEC | 185/12 ✓ | Forextime Ltd |
| FCA | 777911 ✓ | Forextime UK Ltd |
| FSCA | 46614 ✓ | Forextime South Africa |
| CMA | 2610 ✓ | Forextime Kenya |
| FSC | GB19425494 ✓ | Exinity Ltd |
Want to inspect the kitchen yourself? Pull up www.cysec.gov.cy and look up the CySEC licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
FXTM - CySEC regulated, min deposit $10, 1,000+ instruments.
Ingredient costs: FXTM spreads
Here is what the raw ingredients cost on a standard FXTM account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| EUR/USD | 1.5 (std) / 0.1 (ecn) pips |
| GBP/USD | 1.7 pips |
| USD/JPY | 1.6 pips |
| Gold (XAU/USD) | 30c/oz |
| S&P 500 | 0.5pt |
That EUR/USD figure of 1.5 (std) / 0.1 (ecn) pips carries a bit more markup than the ECN-first kitchens, though it is normal fare for a table with no per-trade commission.
The bill: FXTM withdrawal fee and timing
Cost to take money out: None. FXTM does not charge withdrawal fees.
How long it takes: Same day to 3 business days. E-wallets are processed same day. Bank transfers take 2 to 3 days.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at FXTM depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Forextime Ltd | CySEC 185/12 | $10 | 1:30 |
| Forextime UK Ltd | FCA 777911 | $10 | 1:30 |
| Forextime South Africa | FSCA 46614 | $10 | 1:400 |
| Forextime Kenya | CMA 2610 | $10 | 1:400 |
| Exinity Ltd | FSC GB19425494 | $10 | 1:2000 |
FXTM vs XM
| FXTM | XM | |
|---|---|---|
| Primary regulator | CySEC 185/12 | CySEC 120/10 |
| Min deposit | $10 | $5 |
| EUR/USD spread | 1.5 (std) / 0.1 (ecn) pips | 1.6 (std) / 0.1 (ultra-low) pips |
| MetaTrader | Yes | Yes |
| Instruments | 1,000+ | 1,400+ |
| Copy trading | Yes | No |
| Withdrawal fee | None | None |
Both kitchens hold real licences, so neither is a bad table. Pull up a chair at FXTM if you value copy trading and following other traders. XM plates up better for anyone who leans on its particular regulated-entity coverage.
The licences, line by line
| CySEC | 185/12, Forextime Ltd |
| FCA | 777911, Forextime UK Ltd |
| FSCA | 46614, Forextime South Africa |
| CMA | 2610, Forextime Kenya |
| FSC | GB19425494, Exinity Ltd |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs. The offshore entity will pour up to 1:2000, but that comes with a lighter seal of protection.
What tastes good, what leaves a bad aftertaste
Cooked well
- CySEC and FCA regulated
- $10 minimum deposit
- MetaTrader 4 and 5
- Copy trading available
- 1,000+ instruments
- Competitive spreads from 0.1 pips
Sent back
- Not available in AU, NZ, JP, SG
- High offshore leverage can be dangerous
- Narrower instrument list
- $5 inactivity fee after 6 months
Compare FXTM before you commit
3.9/5 rating - CySEC regulated - min deposit $10
The verdict
Nothing on the plate here is fake: FXTM is a genuine, regulated broker, and CySEC licence 185/12 checks out on the public register. The table is set best for social traders who like to follow the chef. We rate it 3.9 out of 5.
Other tables worth a look
If FXTM is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is FXTM safe?
CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client. The kitchen holds CySEC licence 185/12, and you can confirm it for yourself on the official register.
What is the FXTM minimum deposit?
The cover charge is $10 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the FXTM EUR/USD spread?
On a standard FXTM account the EUR/USD ingredient runs about 1.5 (std) / 0.1 (ecn) pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
How long does FXTM take to process withdrawals?
Same day to 3 business days. E-wallets are processed same day. Bank transfers take 2 to 3 days.
Does FXTM charge withdrawal fees?
None. FXTM does not charge withdrawal fees.
Does FXTM have MetaTrader?
Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.