The verdict in 30 seconds
Independent review of FXTM, covering regulation, licenses, accounts, spreads, platforms, funding methods, and swap-free account terms.
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 to traders who value MT4, MT5, FXTM Trader, disclosed regulatory coverage, and transparent account specifications.
Look elsewhere if: Limited range of instruments compared to larger brokers
Regulation & licensing
License status is shown explicitly. Withdrawn or revoked licenses are never hidden.
| Regulator | Full name | Jurisdiction | License number | Tier | Status |
|---|---|---|---|---|---|
| CySEC | Cyprus Securities and Exchange Commission | Cyprus | 185/12 | Tier 1 | Revoked |
| FCA | Financial Conduct Authority | UK | 777911 | Tier 1 | Active |
| FSCA | Financial Sector Conduct Authority | South Africa | 46614 | Tier 2 | Active |
Accounts, spreads & leverage
The spread band is disclosed from 0 pips on EUR/USD. 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: funding-method processing is listed as 1-3 business days, Instant; verify the withdrawal timetable
| 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: A swap-free option is disclosed, but availability alone is not a religious verdict. Verify the fee schedule, holding-period rules, leverage terms, and contract directly with the broker.
Who FXTM is for
FXTM is best suited to traders who value MT4, MT5, FXTM Trader, disclosed regulatory coverage, and transparent account specifications.
- 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 CySEC (185/12), 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?
funding-method processing is listed as 1-3 business days, Instant; verify the withdrawal timetable
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: July 26, 2026.
