Global
FXTM

FXTM Review

Active forex and CFD traders using MetaTrader

FSC FSCA

Why investors choose this broker

  • Commission-free trading can reduce transaction costs
  • Spreads from 0.0 may lower active trading costs
  • Risk-free practice accounts let beginners test trades
  • Daily trade ideas are sent directly to the inbox

Review summary

FXTM offers forex, CFDs, stocks, ETFs, futures and cryptocurrencies through its app, desktop trading and MetaTrader platforms.

Pros

  • Commission-free trading can reduce transaction costs
  • Spreads from 0.0 may lower active trading costs
  • Risk-free practice accounts let beginners test trades
  • Daily trade ideas are sent directly to the inbox
  • FXTM App supports one-tap trading and real-time signals
  • MT5 adds advanced analysis and charting options
  • FXTM Rewards points can be withdrawn as cash
  • Free calculators help manage risk and FX rates

Cons

  • Regional restrictions limit account availability
  • Exinity Works (CY) Ltd does not conduct regulated activities

Company background

FXTM is a trading broker focused on global financial markets. Its offering covers more than 1,000 instruments across forex, commodities, metals, stocks, indices, cryptocurrencies, futures, ETFs and crosses. The broker positions its service for both new and experienced traders, with learning resources, practice accounts, trade ideas and market analysis alongside live trading access.

The account range includes Micro, Advantage, Advantage Plus, Advantage Stocks and Practice accounts. This gives FXTM a structure that separates practice access from live account types aimed at different trading styles.

Fees and pricing

FXTM highlights commission-free trading and spreads from 0.0. These are the clearest pricing claims available in the broker information. The site also refers to easy deposits and quick withdrawals, although the stated details do not provide a specific deposit or withdrawal charge.

Because FXTM offers leveraged financial instruments, trading costs may also depend on the instrument, account type and trading conditions. The most concrete pricing point is the combination of commission-free trading and spreads from 0.0.

Regulation and safety

FXTM operates through Exinity Limited. Exinity Limited is regulated by the Financial Services Commission of the Republic of Mauritius with Investment Dealer License C113012295. It is also licensed by the Financial Sector Conduct Authority of South Africa with FSP No. 50320 and is licensed as an Over the Counter Derivative Provider.

Exinity Works (CY) Ltd is also named, but it does not engage in regulated financial or investment activities. Trading leveraged financial instruments involves significant risk and can result in the loss of invested capital.

Platform experience

FXTM offers the FXTM App, desktop trading and MetaTrader access. The FXTM App is available on Android and iOS and includes real-time signals and one-tap trading. Desktop trading is supported through MetaTrader, with position monitoring, account management and trading access.

MT4 is described as suitable for beginners, forex and CFD traders. MT5 offers broader market access with more advanced trading analysis and charting tools.

Pros and cons

FXTMโ€™s main strengths are its MetaTrader access, mobile app, practice accounts, trade ideas, free learning resources and pricing claims of commission-free trading with spreads from 0.0. The product range is broad for active traders, covering forex, CFDs, stocks, ETFs, futures and cryptocurrencies.

The main limitations are regional restrictions and the need to review account-level terms before trading. Exinity Works (CY) Ltd is named in the company information but does not conduct regulated financial or investment activities.

Ready to open an account at FXTM?

Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.

Open Account

Your capital is at risk. Other fees apply.

Trading fees & commissions

FXTM promotes commission-free trading and spreads from 0.0. The website also refers to easy deposits and quick withdrawals.

Fees

Item Fee
Spreads Spreads from 0.0
Trading Commission-free

Trading platform & features

Platforms

  • FXTM App
  • iOS app
  • Android app
  • Desktop app
  • MT4
  • MT5

Regulation and investor protection

FXTM operates through Exinity Limited, which is regulated by the Financial Services Commission of the Republic of Mauritius with Investment Dealer License C113012295 and licensed by the Financial Sector Conduct Authority of South Africa with FSP No. 50320. Exinity Limited is also licensed as an Over the Counter Derivative Provider.

Broker FAQs

Is FXTM safe?
FXTM operates through Exinity Limited, which is regulated by the Financial Services Commission of the Republic of Mauritius and licensed by the Financial Sector Conduct Authority of South Africa. Trading leveraged financial instruments still involves significant risk.
Is FXTM a scam?
No. FXTM operates through Exinity Limited, which is regulated by the Financial Services Commission of the Republic of Mauritius and licensed by the Financial Sector Conduct Authority of South Africa.
Is FXTM regulated and by whom?
FXTM operates through Exinity Limited, regulated by the Financial Services Commission of the Republic of Mauritius with Investment Dealer License C113012295. Exinity Limited is also licensed by the Financial Sector Conduct Authority of South Africa with FSP No. 50320.
What products does FXTM offer?
FXTM offers access to forex, commodities, metals, stocks, indices, cryptocurrencies, futures, ETFs and crosses. The broker states that traders can access more than 1,000 instruments.
Does FXTM offer ETFs?
Yes. FXTM lists ETFs among its available markets.
Does FXTM offer crypto?
Yes. FXTM lists cryptocurrencies among its available markets.
Does FXTM have a demo account?
Yes. FXTM offers risk-free practice accounts and lists Practice as one of its account options.
Does FXTM have a mobile app?
Yes. The FXTM App is available on Android and iOS. It includes real-time signals and one-tap trading.
Does FXTM support MT4?
Yes. FXTM supports MetaTrader 4, which it describes as suitable for beginners, forex traders and CFD traders.
Does FXTM support MT5?
Yes. FXTM supports MetaTrader 5. MT5 offers market access with more advanced trading analysis and charting options.
What does FXTM charge for trading?
FXTM promotes commission-free trading and spreads from 0.0. Specific charges may depend on the account and instrument.
Is FXTM good for beginners?
FXTM provides free learning resources, risk-free practice accounts, daily trade ideas and a mobile app. It also describes MT4 as suitable for beginners.
Is FXTM good for experienced traders?
FXTM targets experienced traders with thousands of global instruments, commission-free trading, spreads from 0.0 and fast execution. MT5 also provides more advanced trading analysis and charting tools.
What trading tools does FXTM provide?
FXTM lists tools such as a pip calculator, profit calculator, currency converter, economic calendar, trading schedule and advanced charts. It also offers daily trade signals.
How does FXTM Rewards work?
FXTM Rewards lets traders earn Tier and Reward points on qualifying trades. Points can be redeemed as funds sent to a trading account or withdrawn as cash.

Bottom line

FXTM may suit active traders who want forex, CFDs, MetaTrader platforms, a mobile app and practice access. It is less suitable for users who need full account-level pricing details before choosing a broker.

Similar brokers

Admirals Admirals

Active CFD traders and stock ETF investors

Compare with Admirals Open Account
Ally Invest Ally Invest

DIY investors who also want managed portfolio options

Compare with Ally Invest Open Account
Charles Schwab Charles Schwab

Investors who want brokerage, trading, and advice options

Compare with Charles Schwab Open Account

Visit the FXTM website

Open an account directly with the broker. Confirm current fees and account eligibility on the broker's website before depositing.

Open Account

Your capital is at risk. Other fees apply.