FXTM Review 2026: In-Depth Analysis of Features and Performance

FXTM Review 2026

Overview

Founded in 2011, FXTM (ForexTime) is a global forex and CFD broker that is part of the Exinity group. Its regulatory position has changed materially since this review was first published: CySEC withdrew Forextime Ltd’s Cyprus licence (185/12) in May 2024 after the firm voluntarily renounced it, and FXTM’s UK operation closed in 2026, so traders should not rely on older claims of CySEC or FCA regulation. New international clients are now mainly onboarded through Exinity Limited, regulated by the Financial Services Commission (FSC) of Mauritius (licence C113012295), with a further regulated entity under South Africa’s FSCA. Protections differ by entity, so check which company your account will sit with before depositing. FXTM offers MetaTrader 4 and MetaTrader 5 plus its own FXTM Trader app, raw-spread pricing on its Advantage account, and a free demo account. FXTM also features in our guide to the biggest forex brokers by volume.

Account

FXTM’s old STP/ECN account categories and the FXTM Pro account have been replaced by a simpler lineup: Micro, Rewards, Rewards Plus, Advantage and Advantage Stocks (availability varies by region and entity). The Advantage account is the raw-pricing option: spreads from 0.0 pips on major forex pairs with a commission of $3.50 per lot per side ($7 round turn) on forex, and a minimum deposit of $500. Rewards Plus is commission-free with spreads from 1.5 pips and a minimum deposit from $100. The entry Micro account starts from $30 where available. Swap-free (Islamic) options are available on eligible accounts, and a free demo account is offered. For comparison, see our ranking of the lowest-spread forex brokers.

Minimum deposit

$30 (Micro, where available; $500 for Advantage)

Maximum leverage

Up to 1:3000 on the Advantage account (floating; higher on some accounts, and much lower under stricter entities — leverage amplifies losses as well as gains)

Features

Traders have from over 50 currency pairs to choose from, with flexible leverage and tight spreads. The trading platforms offered are MetaTrader 4 and MetaTrader 5 plus the FXTM Trader mobile app. For traders on-the-go, web-based trading and mobile trading through FXTM mobile trading application is also available. The broker permits hedging/scalping strategies and provides social trading features, charting tools and trading signal subscriptions as part of its basic package. However, it does not allow US traders to trade through its brokerage.

Education

A learning center equipped with webinars, educational videos, training courses, local seminars and news feed streaming is available for users.

Deposits/Withdrawals

The Forex broker supports as many as 31 payment options for making deposits and withdrawals including e-wallets. The processing time for most payment options ranges from instantaneous to 24hrs, except for bank wire which may take 3-5 business days. Customer service: Multilingual customer support is provided keeping in mind its global presence and can be accessed by phone, email or live chat.