The verdict in 30 seconds
FXTM (ForexTime) is a globally recognized forex broker serving traders in over 150 countries. Known for strong educational content in Arabic and dedicated MENA regional support. Offers flexible account types from micro to ECN with competitive trading conditions.
FXTM is regulated through Tier 1, offers MT4, MT5, FXTM Trader, spreads from 0 pips, and leverage up to 1:2000.
Best for: FXTM is best suited for traders in the MENA region who prioritize Arabic educational resources and prefer trading on MT4, MT5, or the proprietary FXTM Trader platform. It appeals to those seeking ECN-style execution with raw spreads starting from 0.0 pips and access to high leverage up to 1:2000, particularly if they value low minimum deposits for Micro accounts and dedicated regional support.
Look elsewhere if: Limited range of instruments compared to larger brokers
Regulation & licensing
Hero and current-regulator claims include only independently verified active operating licences. This detailed evidence table also preserves company-disclosed and unverified active rows; inactive, historical, related-group, and non-licence records remain separate.
| Regulator | Full name | Jurisdiction | License number | Tier | Evidence | Status |
|---|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 185/12 | Tier 1 | Legacy record; evidence review pending | Revoked |
| FCA | Financial Conduct Authority | UK | 777911 | Tier 1 | Legacy record; evidence review pending | Active |
| FSCA | Financial Sector Conduct Authority | South Africa | 46614 | Tier 2 | Legacy record; evidence review pending | Active |
Accounts, spreads & leverage
The spread band is Raw spreads from 0.0 pips on ECN accounts. Maximum leverage depends on the account and regulating entity.
| Account | Minimum | EUR/USD spread | Commission / lot | Execution | Leverage | Swap-free |
|---|---|---|---|---|---|---|
| Micro | $10 | 1.5 pips | 0 | Market Maker | 1:2000 | — |
| Advantage | $500 | 0 pips | 4 | ECN | 1:2000 | — |
| Advantage Plus | $500 | 0.5 pips | 0 | STP | 1:2000 | — |
| Islamic (Advantage) | $500 | 0 pips | 4 | ECN | 1:2000 | ✓ |
Deposits & withdrawals
Withdrawal timing: Processing times for deposits range from instant to 1-3 business days; verify the official withdrawal timetable as deposit speeds may not reflect withdrawal processing.
| Method | Deposit fee | Withdrawal fee | Processing | Currencies |
|---|---|---|---|---|
| Bank Wire | Free | Free | 1-3 business days | USD,EUR,GBP |
| Visa/Mastercard | Free | Free | Instant | USD,EUR,GBP |
| Skrill | Free | Free | Instant | USD,EUR |
| Neteller | Free | Free | Instant | USD,EUR |
Trading platforms
Islamic account & our Sharia checklist
Swap-free account: Available.
A swap-free label is not the same as a Sharia-compliance verdict. Check that no overnight interest is charged under another name, replacement fees are fixed rather than interest-linked, leverage terms are understood, and the exact contract is reviewed.
Our factual note: FXTM offers an 'Islamic (Advantage)' account type marked as Islamic, but the availability of a swap-free account alone does not constitute a religious verdict. Traders must verify the specific terms, such as compensation fees or eligibility criteria, directly with the broker to ensure compliance with their personal interpretation of Sharia law.
Who FXTM is for
FXTM is best suited for traders in the MENA region who prioritize Arabic educational resources and prefer trading on MT4, MT5, or the proprietary FXTM Trader platform. It appeals to those seeking ECN-style execution with raw spreads starting from 0.0 pips and access to high leverage up to 1:2000, particularly if they value low minimum deposits for Micro accounts and dedicated regional support.
- Excellent Arabic educational content and webinars
- ECN account with raw spreads from 0.0 pips
- Low minimum deposit ($10 for Micro)
- Dedicated MENA regional offices
Who should look elsewhere
No broker fits everyone. Consider another option if the following limitations matter to you.
- Limited range of instruments compared to larger brokers
- No cTrader or TradingView
Frequently asked questions
Is FXTM regulated?
FXTM is regulated by FCA (777911), FSCA (46614). Review the licensing table for current status.
What is the minimum deposit at FXTM?
The disclosed minimum deposit starts from $10.
Does FXTM offer an Islamic account?
FXTM advertises a swap-free account. This does not constitute a halal or Sharia-compliance verdict; verify its fees and terms.
What platforms does FXTM support?
FXTM supports MT4, MT5, FXTM Trader.
What is the maximum leverage at FXTM?
The disclosed maximum leverage is up to 1:2000, subject to account and regulator.
How long do withdrawals take at FXTM?
Processing times for deposits range from instant to 1-3 business days; verify the official withdrawal timetable as deposit speeds may not reflect withdrawal processing.
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: September 3, 2026.
