FXTM is a reliable and well-regulated Forex broker that provides access to diverse trading assets and user-friendly platforms. They offer a 30-day demo account for risk-free exploration of their platform and boast an impressive trust score of 92 out of 99.

🛡️Regulated and trusted by the FSC (Mauritius) and the Capital Markets Authority of Kenya.
🛡️2800 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

Overview

FXTM was founded to democratize trading, ensuring it is available to everyone, not just a select few. The founders, who are traders themselves, saw the potential of the evolving internet to create opportunities for those ready to learn and embrace some risk. FXTM is guided by three core principles: Trust, Access, and Value.

Their dedication to these principles is evident in their commitment to providing enhanced trust, accessibility, and value to their clients.

Frequently Asked Questions

What is FXTM’s main mission?

FXTM aims to make trading accessible to everyone, promoting inclusivity in the financial markets.

How does FXTM ensure trust among its clients?

FXTM focuses on transparency, security, and compliance with regulatory standards to build trust with its clients.

What kind of trading opportunities does FXTM provide?

FXTM offers a wide range of trading instruments, including forex, commodities, and cryptocurrencies, catering to various trading styles and preferences.

Are there educational resources available for new traders at FXTM?

Yes, FXTM provides a variety of educational materials, including webinars, articles, and tutorials, to help traders enhance their skills and knowledge.

Our Insights

FXTM stands out as a platform committed to making trading accessible and trustworthy for all. By adhering to its core principles of Trust, Access, and Value, FXTM fosters an environment where traders, regardless of their background, can explore the world of trading with confidence and support.

Detailed Summary

Frequently Asked Questions

What are the average withdrawal processing times?

Withdrawals typically take 1-3 business days.

Does FXTM provide an Islamic account option?

Yes, FXTM offers Islamic accounts.

What trading platforms does FXTM support?

FXTM supports MetaTrader 4, MetaTrader 5, and FXTM Trader.

What educational resources does FXTM offer?

FXTM provides forex courses, webinars, articles, tutorials, and videos.

Our Insights

FXTM excels in making trading accessible to a wide audience, offering various account types and educational resources suitable for traders of all levels.

Safety and Security

FXTM is licensed and regulated by the Financial Services Commission (FSC) in Mauritius and the Capital Markets Authority in Kenya. To further safeguard your investments, FXTM provides up to $1 million in insurance for your funds in the unlikely event of insolvency, covering both your account balance and open positions exceeding $10,000.

With a commitment to security, FXTM keeps client funds fully segregated in top-tier banks and never utilizes them for operational expenses. They implement SSL encryption to protect all communications and transactions, along with strong data protection measures to prevent unauthorized access and maintain data integrity.

Frequently Asked Questions

What regulatory bodies oversee FXTM?

FXTM is regulated by the Financial Services Commission (FSC) in Mauritius and the Capital Markets Authority in Kenya.

Is my money insured with FXTM?

Yes, FXTM provides up to $1 million in insurance for your funds in case of insolvency.

Where are my funds held?

Client funds are fully segregated and held in top-tier banks, ensuring their safety.

What security measures does FXTM have in place?

FXTM employs SSL encryption for all communications and transactions and has strong data protection protocols to prevent unauthorized access.

Our Insights

FXTM demonstrates a strong commitment to fund safety and security, backed by reputable regulatory oversight and substantial insurance coverage. With robust security measures and a focus on keeping client funds secure, traders can confidently engage with the platform knowing their investments are well-protected.

Bonus Offers and Promotions

FXTM enriches your trading journey with a range of promotions and contests.

Promotions:

Benefit from incredibly low commissions and tight spreads, including zero spreads on major forex pairs.

Contests:

Participate in global forex contests for a chance to win prizes and gain recognition among peers.

Refer a Friend:

Earn $50 for yourself and $50 for a friend when you refer someone to FXTM.

Be sure to explore the latest promotions to enhance your returns, while keeping the terms and conditions in mind. Sign up to take advantage of these exciting offers and elevate your trading experience with FXTM.

Frequently Asked Questions

What types of promotions does FXTM offer?

FXTM offers promotions such as low commissions, tight spreads, and referral bonuses.

Can I participate in trading contests with FXTM?

Yes, FXTM hosts global forex contests where you can compete for prizes.

How does the Refer a Friend program work?

When you refer a friend to FXTM, both you and your friend can receive $50 after they open an account.

Are the promotions limited to certain trading pairs?

Some promotions may apply to specific trading pairs, so it’s important to review the terms and conditions for each offer.

Our Insights

FXTM’s diverse promotions and contests provide traders with exciting opportunities to enhance their trading experience. With competitive offers and a referral program, FXTM not only rewards active trading but also fosters a community among its users, making it a dynamic platform for traders looking to maximize their potential.

Cashback Rebates and Partnership Options

The FXTM Affiliate Program offers a lucrative opportunity to earn significant commissions by referring new traders.

Frequently Asked Questions

What is the earning potential for affiliates with FXTM?

Affiliates can earn up to $600 for each qualified trader and up to $800 for active traders through a competitive CPA model.

Are payments guaranteed for affiliates?

Yes, affiliates receive guaranteed monthly payments with unlimited earning potential.

What technology does FXTM use for affiliate tracking?

FXTM utilizes advanced technology by CellXpert, which offers real-time reporting and high conversion rates.

What payment methods are available for affiliate earnings?

Affiliates can choose from various payment options, including Skrill, Swift, and Neteller.

Our Verdict

FXTM’s affiliate program offers a lucrative opportunity for individuals to earn substantial commissions through a user-friendly platform. With guaranteed payments, cutting-edge tracking technology, and comprehensive support, affiliates can effectively promote FXTM while enjoying flexible payment options and industry-leading tools to maximize their success.

Minimum Deposit

FXTM offers three account types, each with a minimum deposit of $200. Firstly, the Advantage Stocks account features spreads from 6 cents and zero commissions on stock trades. The Advantage account has spreads from 0.0 pips with varying commissions, while the Advantage Plus account offers spreads starting at 1.5 pips with zero commissions.

The Advantage and Advantage Plus accounts provide access to a wide range of instruments, including forex, spot metals, and CFDs on the MetaTrader 5 (MT5) platform.

Frequently Asked Questions

What is the minimum deposit for FXTM accounts?

The minimum deposit for all FXTM accounts is $200 in USD, EUR, or GBP.

What are the differences between the account types?

The main differences lie in the spreads and commission structures: Advantage Stocks has zero commissions, Advantage offers spreads from 0.0 pips with variable commissions, and Advantage Plus has spreads starting at 1.5 pips with no commissions.

What instruments can I trade with FXTM accounts?

Traders can access forex, spot metals, index and commodity CFDs, cryptocurrency CFDs, and stock CFDs on the Advantage and Advantage Plus accounts.

Which trading platform does FXTM support for these accounts?

FXTM supports the MetaTrader 5 (MT5) platform for trading across its various account types.

Our Insights

FXTM’s tiered account offerings provide a range of options for traders at different levels. With a minimum deposit of just $200, traders can choose an account that best suits their trading style, whether they prefer zero commissions or the flexibility of competitive spreads.

Account Types

FXTM offers three account types, each designed to meet different trading preferences. The Advantage Stocks account requires a minimum deposit of $200, featuring spreads from 6 cents and zero commissions, focusing exclusively on stock trading.

The Advantage account, also with a $200 minimum deposit, provides competitive spreads starting from 0.0 pips and includes commissions for trading forex, spot metals, and various CFDs. Lastly, the Advantage Plus account, with the same $200 deposit, offers spreads from 1.5 pips and zero commissions, while granting access to a broad range of trading instruments.

All accounts provide market execution and leverage options to enhance trading flexibility.

Frequently Asked Questions

What is the minimum deposit for FXTM accounts?

The minimum deposit for all FXTM accounts is $200.

What are the key differences between the account types?

Advantage Stocks focuses on stocks with zero commissions, while Advantage offers spreads from 0.0 pips with commissions. Advantage Plus provides spreads from 1.5 pips with zero commissions.

What trading instruments are available?

All accounts except Advantage Stocks allow trading in forex, spot metals, index and commodity CFDs, cryptocurrency CFDs, and stock CFDs on MT5.

What order execution type do FXTM accounts use?

All account types use market execution for trading orders.

Our Insights

FXTM’s diverse account offerings provide traders with flexible options tailored to their individual needs. With a low minimum deposit and varying spreads and commission structures, traders can select an account that best aligns with their trading strategies, whether they are focused on stocks or a broader range of instruments.

This flexibility, combined with competitive leverage and market execution, makes FXTM an attractive choice for traders at all levels.

How to open an FXTM Account

To register a live trading account with FXTM the following steps can be followed:

1.  Step 1:  Start Registration

To open an FXTM Live trading account, the applicant can simply click on the orange “Open Account” button located at the top of the FXTM webpage.

2. Step 2:  Complete Registration

The second step to opening an FXTM Account is to complete a simple online registration form.

Once the registration form has been completed, the account holder will receive a PIN via email to confirm their newly registered account.

Trading Platforms

FXTM offers access to the widely used MetaTrader 4 and MetaTrader 5 trading platforms, which can be downloaded for free on both Android and iOS devices. Additionally, traders can take advantage of mobile trading through the FXTM Proprietary Mobile App.

Frequently Asked Questions

Which trading platforms does FXTM offer?

FXTM provides access to MetaTrader 4 and MetaTrader 5.

Can I download the trading platforms on mobile devices?

Yes, both platforms are available for free download on Android and iOS.

Is there a proprietary mobile app for trading?

Yes, FXTM offers a proprietary mobile app for trading on the go.

Are there any fees for downloading the trading platforms?

No, downloading both MetaTrader 4 and MetaTrader 5 is free.

Our Insights

FXTM’s provision of popular trading platforms like MetaTrader 4 and MetaTrader 5, along with its proprietary mobile app, enhances the trading experience by offering flexibility and convenience. Traders can easily access their accounts and manage trades from anywhere, making FXTM a great choice for those who value mobile trading options.

Fees, Spreads, and, Commissions

FXTM provides three account types, each requiring a minimum deposit of $200. The Advantage Stocks account features spreads starting from 6 cents with zero commissions, focusing exclusively on stock trading. The Advantage account offers spreads from 0.0 pips, with commissions applicable on various instruments. Meanwhile, the Advantage Plus account provides spreads beginning at 1.5 pips, also with zero commissions.

All accounts support a diverse range of trading instruments and utilize market execution, with varying leverage and margin requirements.

Frequently Asked Questions

What is the minimum deposit required for FXTM accounts?

The minimum deposit for all account types is $200.

What are the spread options for each account type?

The Advantage Stocks account has spreads from 6 cents, the Advantage account features spreads from 0.0 pips, and the Advantage Plus account has spreads starting at 1.5 pips.

Are there any commissions associated with the Advantage account?

Yes, the Advantage account incurs commissions on various trading instruments.

What trading instruments can I access with these accounts?

You can trade stocks, forex, spot metals, index and commodity CFDs, cryptocurrency CFDs, and stock CFDs on MT5.

Our Insights

FXTM’s account offerings present a clear and structured approach to trading, accommodating a range of preferences with a low minimum deposit. With competitive spreads and diverse options for commissions, traders can select the account type that best fits their strategies while enjoying access to a wide variety of instruments and market execution. This flexibility makes FXTM a compelling choice for both novice and experienced traders alike.

Deposits and Withdrawals

FXTM offers a wide range of deposit and withdrawal methods to accommodate traders’ preferences, ensuring smooth and quick transactions. Available options include local transfers in Kenya, credit cards, e-wallets, and bank wire transfers, making it convenient for clients to manage their funds.

Frequently Asked Questions

What deposit methods are available at FXTM?

FXTM provides options such as local transfers, credit cards, e-wallets, and bank wire transfers.

Can I withdraw funds using the same method I used for deposit?

Generally, withdrawals should be made using the same method as the deposit to ensure security and compliance.

Are there any fees associated with deposits or withdrawals?

Fees may vary depending on the method used; it’s advisable to check the specific terms for each option.

How long do deposits and withdrawals take?

Deposit times can vary but are usually instant, while withdrawal processing times typically range from 1 to 3 business days.

Our Insights

FXTM’s diverse range of deposit and withdrawal options ensures that traders can easily manage their funds with convenience and speed. By offering multiple methods, including local transfers and popular e-wallets, FXTM caters to a variety of preferences, making it a flexible choice for traders looking to streamline their transactions.

Education and Research

FXTM provides a robust selection of educational resources aimed at supporting traders of all experience levels. The offerings include free webinars, video tutorials, and detailed articles, ensuring that both beginners and advanced traders have access to valuable information and tools for enhancing their trading skills.

Frequently Asked Questions

What types of educational resources does FXTM offer?

FXTM offers webinars, video tutorials, and in-depth articles as part of its educational suite.

Are the educational materials free?

Yes, all educational resources provided by FXTM are available for free.

Is there content for both beginner and advanced traders?

Yes, FXTM’s educational materials cater to traders at all levels, from beginners to advanced.

How can I access FXTM’s educational resources?

Traders can access these resources directly through the FXTM website or trading platform.

Our Insights

FXTM’s extensive educational resources are a valuable asset for traders seeking to enhance their knowledge and skills. By offering a variety of free materials tailored to all experience levels, FXTM demonstrates its commitment to supporting its clients’ trading journeys, making it an excellent choice for those looking to grow in the financial markets.

Customer Reviews

🥇 Excellent Trading Experience

I’ve been trading with FXTM for over a year now, and I couldn’t be happier. The platform is user-friendly, and the variety of account types suited my needs perfectly. The educational resources helped me improve my trading strategies significantly. Highly recommend! – Roxanne

🥈 Fast and Reliable Withdrawals

I was pleasantly surprised by how quickly my withdrawals were processed. FXTM offers multiple withdrawal options, and I’ve never faced any issues. The customer support is also very responsive and helpful. Overall, a great broker for serious traders! – Joan 

🥉 Comprehensive Educational Resources

As a beginner, I found FXTM’s educational materials invaluable. The webinars and tutorials made learning the basics of trading much easier. I feel confident in my trading abilities now, thanks to their thorough resources. A five-star experience! – Priya

Pros and Cons

References:

• Why FXTM
• Fund Safety 
• Performance Statistics

In Conclusion

FXTM has established itself as a prominent trading platform since its inception in 2011. With a commitment to accessibility and security, it serves over 1.5 million active traders globally. Boasting strong regulatory oversight, multiple account types, and robust educational resources, FXTM is well-equipped to support both novice and experienced traders alike.

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