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 suits traders in the MENA region seeking ECN accounts with zero spreads (0.0 pips) and low entry barriers, such as the $10 Micro account. Its MT4/MT5 platforms and Arabic educational resources cater to beginners and intermediate traders, though its limited instrument range may not suit diversified portfolios.
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 Withdrawn or revoked licenses are never hidden.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 Zero spreads from 0.0 pips on ECN accounts for major FX pairs.. 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: Verify the official withdrawal timetable, as deposit-method processing times (e.g., instant for Visa/Skrill, 1-3 business days for bank transfers) do not specify withdrawal durations.
| 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 a swap-free 'Islamic (Advantage)' account, but the broker does not disclose implementation details like swap-free duration or exceptions. Traders must verify the official terms, as swap-free availability alone does not confirm religious compliance.
Who FXTM is for
FXTM suits traders in the MENA region seeking ECN accounts with zero spreads (0.0 pips) and low entry barriers, such as the $10 Micro account. Its MT4/MT5 platforms and Arabic educational resources cater to beginners and intermediate traders, though its limited instrument range may not suit diversified portfolios.
- 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?
Verify the official withdrawal timetable, as deposit-method processing times (e.g., instant for Visa/Skrill, 1-3 business days for bank transfers) do not specify withdrawal durations.
Reviews are independent and informational, not investment advice. Trading carries high risk. Regulatory status and terms can change. Last reviewed: June 8, 2026.
