FXTM Review And Trading Platform Overview

In this FXTM review, we walk through how the broker operates, what it offers to a trader, and where it is regulated, so you can decide whether its trading platform and app lineup fit your needs.

Founded in 2011, this broker, FXTM (ForexTime), serves clients worldwide and is supervised by the Financial Services Commission in Mauritius as well as the UK’s Financial Conduct Authority. More than two million accounts from over 150 jurisdictions use its services in numerous languages. You will find a broad catalog of financial instruments across forex, metals, commodities, shares, indices, cryptocurrencies, and multiple CFDs. Pricing is designed to be sharp, with floating spreads that can narrow to 0 pips in specific account setups. Access is available via MT4 and MT5 on desktop, web, and a mobile trading app, letting you trade wherever you are.

Advantages

• Oversight by FCA in the UK and FSC in Mauritius — dual-jurisdiction regulation
• Account menus tailored to styles — multiple profiles and fee models
• Risk-free practice — demo access across accounts
• MT4 and MT5 availability — widely used toolset
• Diverse payments — cards, e-wallets, and bank transfer
• No-cost learning hub — free lessons and market insights
• Powerful add-ons — charting and trading tools suite
• Responsive service — multilingual support team of high quality

Drawbacks

• Higher entry payment — comparatively steep first deposit
• Support hours limited — no round-the-clock assistance
• Regional limitations — certain countries not accepted

Supervision is split across entities in different regions, each with its own license and permissions.

• United Kingdom — FCA: Exinity UK Ltd, authorization number 777911; operating as an STP firm, current status regulated
• Mauritius — FSC: EXINITY LIMITED, retail forex license C113012295; offshore authorization in good standing

A broad shelf of markets is on offer, covering forex pairs, stock CFDs, index CFDs, precious metals, energy and soft commodity contracts, plus selected crypto CFDs. At the moment, exchange-traded products such as futures, listed options, and ETFs are not part of the lineup.

• Supported: forex, stocks, indices, precious metals, commodities, cryptocurrencies, CFDs
• Not supported: futures, exchange-traded options, ETFs

Three live profiles are available: Advantage, Advantage Plus, and Advantage Stocks. Each requires a starting balance of 200 (USD/EUR/GBP/NGN equivalent). The differences lie in spread design, commission style, and market access.

• Advantage — raw-style pricing with commissions; designed for tighter spreads
• Advantage Plus — spread-only pricing; simpler fee structure
• Advantage Stocks — equity-focused terms; stock CFD-centric costs

Practice mode mirrors live-market conditions while using virtual funds, allowing strategy testing and platform familiarization without risking capital. Newcomers can learn core techniques, and experienced trader profiles can trial fresh systems.

• Head to the website and choose the Open Account button to begin.
• Complete the sign-up with basic details such as name, email, and phone.
• Pick your preferred account type (Advantage, Advantage Plus, or Advantage Stocks), set a base currency, and accept the client terms.
• Provide further information including birth date, employment, and address, and outline your trading experience and objectives.
• Verify identity by uploading a passport or ID along with an address document (for example, a bank statement or utility bill).
• Fund the account once approved and proceed to place your first trade.

Maximum gearing can reach up to 1:3000. Because leverage magnifies both gains and losses, consider position sizing carefully and risk only what you can afford to lose.

Pricing varies by profile. The Advantage setup can display spreads from 0.0 pips with a charge from $3.5 per FX lot. The Advantage Plus option runs on wider spreads from about 1.5 pips without separate commission. With Advantage Stocks, stock pricing starts near 6 cents and no add-on commission applies. Compared with many peers, overall spreads tend to be keen, particularly under the raw-style account, while the spread-only model understandably carries a larger minimum spread.

Choose among MetaTrader 4, MetaTrader 5, and the proprietary mobile trading app. These platforms are available for desktop and web with robust charting, order types, and integration of indicators and add-ons, giving flexibility to trade forex and other markets on the go.

The broker’s copy trading platform, FXTM Invest, lets clients follow a Strategy Manager and mirror positions automatically. With a low starting amount of $100, investors can allocate funds to experienced trader profiles. Pricing highlights include zero spread on major FX pairs within this program and a performance fee that applies only when the chosen manager produces profits.

• Get started by signing up or logging in to MyFXTM.
• Browse and select a Strategy Manager whose metrics fit your risk profile.
• Create an Invest account and link it to the chosen manager.
• Deposit funds and adjust allocation settings as needed.
• Allow the system to copy trades while you retain full control over withdrawals.

Deposits and withdrawals are supported through a variety of channels: local transfers in select African and Asian markets (for example, M-Pesa, instant bank methods), major cards (Visa, Mastercard, Maestro, and Google Pay), popular e-wallets (Skrill, Neteller, Perfect Money, GlobePay, TC Pay Wallet, PayRedeem), and standard bank wires. A small handling fee of €/£/$3 or ₦2,500 applies on deposits below €/£/$30 or ₦25,000.

An extensive, free learning library includes a glossary, regular market analysis, and step-by-step guides. Beginners can start with trading basics, while advanced guides help refine methods for those already active in forex. These materials complement platform tutorials to support steady skill growth.

Support channels include live chat, a web form, and phone lines, with multilingual coverage five days per week. A searchable Help Center covers common topics such as opening an account, platform setup, and funding methods, which can be useful if you prefer self-service answers.

• Headquarters — 5th Floor, NEX Tower, Rue du Savoir, Cybercity 72201, Ebene, Mauritius
• Additional Offices — Mauritius; Dubai; London; Hong Kong; Lagos; Limassol

Overall, FXTM presents a regulated environment, a wide range of trading instruments, and competitive conditions across several account types. Between MT4/MT5, the mobile trading app, and free education, the offering is accessible to both first-time and seasoned market participants, with service quality that generally earns positive marks.

Regulation status: FXTM operates under FCA authorization in the UK and FSC supervision in Mauritius.

Available instruments: You can trade forex and CFDs tied to metals, commodities, indices, stocks, and selected cryptocurrencies.

Minimum starting balance: Plan on 200 in USD, EUR, GBP, or NGN terms to open a live profile.

Which platforms can I use? MT4 and MT5 are available alongside a mobile trading app for on-the-go access.

Trading online carries high risk. Losses can exceed your initial payment, and the products may be unsuitable for some investors. Always make sure you understand the risks, and be aware that details in this review can change as the company updates its services and policies.