Is FXTM a safe broker?

FXTM is a regulated broker. Our independent testing gave it an overall safety score as part of our 7.5/10 rating. Always verify the current regulatory status directly with the relevant authority before trading.

What is the minimum deposit for FXTM?

Minimum deposit requirements at FXTM vary by account type and region. Check the FXTM website directly for the most up-to-date deposit requirements for your country.

How does FXTopBrokers rate FXTM?

FXTopBrokers rates FXTM 7.5/10 overall, based on independent testing with a real funded account. We assess regulation and safety, spreads and commissions, execution quality, platform and tools, withdrawals, and customer support.

FXTM Review 2026 — Spreads, Fees & Platforms Tested

Name: FXTM Review 2026
Item: FXTM
Rating: 7.6
Author: James Whitfield

Quick Facts — Updated January 2024

Founded

2011

Headquarters

Limassol, Cyprus

Regulation

FCA, CySEC, FSCA, CMA Kenya

Min. Deposit

$10

Typical Spread

1.5 pips (Advantage)

Commission

$2.00/lot (ECN Zero)

Platforms

MT4, MT5

Max Leverage

Up to 1:2000

Overview

Is FXTM a Good Broker?

FXTM was founded in 2011 and has grown particularly strongly in African markets, backed by CMA Kenya regulation and FSCA South Africa licences alongside its European FCA and CySEC coverage. The ECN Zero account delivers 0.0 pip spreads with a low $2.00/lot commission — more competitive than several larger competitors.

FXTM Invest (copy trading) allows clients to follow Master Traders and earn a performance fee split when providing signals. African payment methods including mobile money in Nigeria and Kenya are well-integrated. The $10 minimum deposit makes it extremely accessible. High leverage (up to 1:2000 outside EU/UK) is available but should be used with extreme caution.

✓ Advantages

✓ECN Zero: 0.0 pips + $2.00/lot — very competitive

✓FXTM Invest copy trading system

✓FCA + CySEC + FSCA + CMA Kenya regulated

✓Strong African payment method support

✓$10 minimum deposit

✗ Disadvantages

✗Advantage account spreads at 1.5 pips are wide

✗Extremely high leverage (1:2000) is dangerous

✗Less brand recognition in Asia

✗Platform selection limited to MT4/MT5 only

Scoring Breakdown

How FXTM Scored (out of 10)

Regulation & Safety

8.8

Spreads & Commissions

7.8

Execution Speed

8.0

Platforms

7.5

Deposits & Withdrawals

8.5

Customer Support

8.3

Education

8.0

Account Types

8.2

Our Verdict

Should You Open a FXTM Account?

Best for: Traders in Africa and the Middle East wanting a regulated ECN broker with local payment support. Also good for FXTM Invest copy trading users.

Open FXTM Account ↗ Compare Brokers

Common Questions

FXTM FAQ

What is FXTM Invest?+

Copy trading platform where Strategy Managers trade their own accounts and clients can automatically mirror trades. Managers earn up to 50% performance fee split.

Is FXTM regulated in Africa?+

Yes — FSCA (South Africa) and CMA (Kenya). One of the most regulated brokers specifically for African traders.

What is FXTM ECN Zero?+

Spreads from 0.0 pips + $2.00/lot commission. Available on MT4/MT5. Minimum $200 deposit.

Does FXTM offer high leverage?+

Up to 1:2000 for non-EU/UK clients. This is extreme — a 0.05% adverse move can wipe an account. EU/UK clients are capped at 1:30.

⚠ Risk Warning: Trading forex and CFDs involves significant risk of loss. 68–89% of retail investor accounts lose money. This review is for informational purposes only and does not constitute financial advice.