
FXTMVerified Regulation
- Min Deposit
- $10
- Max Leverage
- 1:2000
MVP Expert Score
About FXTM
FXTM (ForexTime) is a globally recognized forex and CFD broker, founded in 2011 and headquartered in Limassol, Cyprus. The broker has built a strong reputation for its extensive educational resources and innovative copy trading features, serving clients from over 150 countries. FXTM is regulated by multiple authorities including the UK Financial Conduct Authority (FCA reference number 775546), the Cyprus Securities and Exchange Commission (CySEC license 185/12), the South African Financial Sector Conduct Authority (FSCA license 46621), and the Financial Services Commission of Mauritius (FSC). FXTM offers trading on over 250 instruments including forex, indices, commodities, shares, and cryptocurrencies. The broker provides multiple account types to cater to different trading styles, including the Standard account (minimum deposit $10, spreads from 1.3 pips), Cent account (minimum deposit $10, designed for beginners with micro lot trading), Advantage account (minimum deposit $500, raw spreads from 0.0 pips with $0.40-$2.00 commission per side), and Advantage Plus account (minimum deposit $500, spreads from 0.5 pips with no commission). Platform support includes MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary FXTM Trader app. The broker's standout feature is FXTM Invest, a copy trading program that allows investors to automatically copy the strategies of successful traders. FXTM is particularly well-suited for beginner traders who benefit from the Cent account's micro lot sizing and the comprehensive FXTM Education center with free courses, webinars, and trading articles, as well as intermediate traders interested in copy trading and competitive ECN conditions.
Pros
- Extensive free educational resources
- Copy trading (FXTM Invest)
- Multiple account options
- Chinese customer support
- Global regulation (FCA+CySEC)
Cons
- FCA license is limited authorization
- Some accounts have higher spreads
- Average withdrawal speed
Account Types
| Account Type | EUR/USD Spread | Commission | Min Deposit |
|---|---|---|---|
| Cent | 1.5 pips | 无 | $10 |
| Standard | 1.5 pips | 无 | $10 |
| ECNRecommend | 0.0 pips | $1.5/手起 | $200 |
| ECN Zero | 0.0 pips | $2.0/手 | $200 |
FXTM User Reviews(0)
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