FXTM review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
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.
Key facts
- Best for
- One account for forex, CFDs, futures, crypto and shares, entered from $10.
- Minimum deposit
- $10 (Source, checked September 26, 2026)
- Inactivity fee
- $5 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, Metals (Source, checked September 26, 2026)
- Regulators
- FCA, CySEC (Source, checked September 26, 2026)
- Investor protection
- FSCS up to GBP 85,000 (Source, checked September 26, 2026)
- Retail accounts that lose money
- 88% (Source, checked September 26, 2026)
- Deposit and withdrawal fees
- No deposit fees; withdrawal fees vary by method (Source, checked September 26, 2026)
- Platforms
- Desktop, Mobile App, MetaTrader 4, MetaTrader 5 (Source, checked September 26, 2026)
- Maximum retail leverage
- 1:2000 (Source, checked September 26, 2026)
- Support channels
- Help-centre (Source, checked September 26, 2026)
- Features
- Demo account, Copy trading, Mobile app, Crypto
- Official website
- fxtm.com
Pros and cons
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.
Ready to try FXTM?
Scored 9.3 / 10 by BrokerCue.
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.
Where it sits among rivals
Among the brands compared, FXTM places 100 of 213 on minimum deposit and 31 of 56 on the inactivity fee. The deposit ranking puts a small starting amount well down the field, and the inactivity ranking confirms a charge is applied to dormant accounts.
How FXTM compares
FXTM vs Nexo9.3 vs 9.0
9.3 vs 9.4
9.3 vs 8.7
MarketScreener
9.3 vs 9.4
9.3 vs 8.7
9.3 vs 9.0
9.3 vs 9.3
FXTM vs NAGA9.3 vs 8.7
9.3 vs 8.6
9.3 vs 9.2eToro's markets are stocks, etfs and forex, which suits buyers centred on shares and ETFs.
9.3 vs 8.7
Kitco
9.3 vs 9.1
FXTM vs EBC Financial Group9.3 vs 9.0
9.3 vs 9.0Pepperstone
Vaulted
wikifolio.com
Intellectia
Winvest
Libertex International
XM VN
Where FXTM is available
Frequently asked questions
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.
How do deposits and withdrawals work?+
The deposit and withdrawal position is summarised as No deposit fees; withdrawal fees vary by method, and funding starts from a $10 minimum. Withdrawal costs vary with the method you pick, so the cost of moving money out, rather than in, is the part to check before funding.
Which platforms can I trade on?+
FXTM offers Desktop, Mobile App and MetaTrader 4, which includes the MetaTrader range alongside its own desktop and mobile app. The feature set at demo account, copy trading and mobile app adds a demo account, so a new trader can practise before risking money on live markets.
What can I trade at FXTM?+
The market list runs to stocks, etfs and forex, so forex sits alongside shares, ETFs, CFDs, futures, crypto, bonds and metals in one place. For most retail clients that means a single account can carry both currency trades and longer term share positions.
Is FXTM a good fit for beginners?+
A demo account sits in the feature list at demo account, copy trading and mobile app, and the $10 minimum keeps a first run inexpensive. Leverage of 1:2000 is where newcomers get hurt, given that 88% of retail accounts lose money.
Which countries does FXTM regulate in?+
Regulation comes from the FCA for UK clients and CySEC for Cyprus, as listed under FCA and CySEC. Client money at that entity sits under FSCS up to GBP 85,000. Anyone trading from elsewhere should confirm which regulated entity is open to them before depositing.
How do I get help if something goes wrong?+
Support runs on help centre only, so help is self service rather than a live conversation. Traders who want a person on the phone when a position moves fast should pick a broker with a wider support setup.
Sources
- brokersway.com/comparison/pepperstone-vs-fxtm checked September 26, 2026
Backs: Investor protection, Maximum retail leverage, Minimum deposit, Regulators, Licences
“The Maximum leverage is as high as 1:2000”
- trade-leader.com/forex/fxtm checked September 26, 2026
Backs: Deposit and withdrawal fees, Inactivity fee
“there are no deposit or withdrawal fees”
- fxtm.com/affiliates checked September 26, 2026
Backs: Retail accounts that lose money
“88% of retail investor accounts lose money when trading CFDs with this provider”
- fxtm.com/en checked September 26, 2026
Backs: Features, Markets, Platforms, Support channels
“Demo - Mobile App - MetaTrader 4 - MetaTrader 5”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Stock trade fee, Account fee.
FXTM
One account for forex, CFDs, futures, crypto and shares, entered from $10.