Updated September 29, 2026 · BrokerCue Editorial Team
FXOpen vs FXTM
What sets them apart
| Compare |  FXOpen | FXTM ReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | $100 | $10Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, MetalsCovers more |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Retail accounts that lose money | 60% | 88% |
| Platforms | TickTrader, MT4, MT5 | Desktop, Mobile App, MetaTrader 4, MetaTrader 5 |
| Inactivity fee | Not confirmed | $5 |
| Deposit and withdrawal fees | Not confirmed | No deposit fees; withdrawal fees vary by method |
| Maximum retail leverage | Not confirmed | 1:2000 |
Same on both: Regulators (CySEC, FCA).
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Key differences
- FXTM scores higher overall: 9.3 vs 9.1.
- Minimum deposit is lower at FXTM: $10 vs $100.
- Markets: only FXTM offers Futures, Bonds, Metals.
- Platforms: only FXOpen offers TickTrader, MT4, MT5.
- Platforms: only FXTM offers Desktop, Mobile App, MetaTrader 4.
- Features: only FXTM offers Copy trading.
Our verdict on each
FXOpen
FXOpen suits traders who want one account spanning forex, CFDs, stocks, ETFs and crypto under FCA and CySEC oversight, with investor protection of EU ICS up to EUR 20,000. The minimum deposit of $100 is the catch, placing it well above the site median of €4.64 and above Vantage at $5.
FXTM
FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.
Score breakdown
| Area | FXOpen | FXTM |
|---|---|---|
| Cost | 8.5 | 9.0HigherEntry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5. |
| Offer | 9.4Higher | 9.3 |
| Trust | 9.5 | 9.5 |
Where they rank in our lists
| Ranking | FXOpen | FXTM |
|---|---|---|
| Stock and ETF brokers | 114 of 471 | 68 of 471 |
| Forex brokers | 50 of 147 | 30 of 147 |
| Low-spread forex brokers | 48 of 145 | 28 of 145 |
| CFD brokers | 40 of 122 | 24 of 122 |
Every fact side by side
| Fact | FXOpen | FXTM |
|---|---|---|
| Features | Demo account, Crypto, Mobile app | Demo account, Copy trading, Mobile app, CryptoCovers more |
| Support channels | Not confirmed | Help centre |
Where each stands against the rest
| Fact | FXOpen | FXTM | Median |
|---|---|---|---|
| Minimum deposit | $100above the median | $10below the median | $25 |
| Inactivity fee | Not confirmed | $5above the median | $0 |
| Retail accounts that lose money | 60%lowest quarter | 88%highest quarter | 72.05% |
Median across 134 listed brokers.
Pros and cons
FXOpen
Pros
- One account covers stocks, ETFs, forex, CFDs and crypto, all listed under stocks, etfs and forex.
- Regulated by CySEC and FCA, so the UK operation sits under the FCA and the Cyprus operation under CySEC.
- Investor protection is stated at EU ICS up to EUR 20,000 for eligible claims.
Cons
- The minimum deposit of $100 is far above the site median of €4.64.
- On minimum deposit FXOpen ranks 148 of 213 brands compared.
- The cost score is 2.7 and the overall score is 2.7, so value is the weak side.
FXTM
Pros
- One account spans stocks, etfs and forex.
- The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
- Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.
Cons
- Dormant balances are charged $5, a cost active traders never meet.
- Support runs on help centre only.
- Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.
Who each suits
FXOpen
Who it suits
- Traders who want forex and CFDs next to stocks, ETFs and crypto in a single account.
- UK and EU residents who want a broker listed with CySEC and FCA and a stated protection scheme.
- Users of TickTrader, MT4 or MT5 who want a demo account before committing money.
Who should look elsewhere
- Newcomers starting with a small amount: CFI asks a minimum deposit of $0.
- Traders who want futures in the market list: eToro covers stocks, etfs and forex.
- Anyone wanting a lower entry point: Vantage takes $5 against FXOpen's $100.
FXTM
Who it suits
- Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
- Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
- Clients who want regulation in the UK and Cyprus under FCA and CySEC.
Who should look elsewhere
- Anyone who wants to open with nothing: CFI has a $0 minimum.
- Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
- Small accounts wanting a cheaper opening: Vantage starts at $5.
Questions about each
FXOpen
What is the minimum deposit at FXOpen?+
The minimum deposit is $100. That is well above the site median of €4.64 and places FXOpen at 148 of 213 brands compared on this measure. Anyone starting with a small balance is better served by a lower entry point elsewhere.
Who regulates FXOpen?+
FXOpen lists CySEC and FCA. The Cyprus entity is supervised by CySEC and the UK entity by the FCA, so UK customers sit under the UK regulator while EU customers sit under the Cyprus one. The listed protection scheme is EU ICS up to EUR 20,000.
FXTM
What does it cost to open and keep an FXTM account?+
Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.
Is my money protected at FXTM?+
FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.
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