Is FXTM regulated?
Our FXTM evidence log contains 4 regulatory records, with all 4 findings confirmed against regulator-authored sources (last read 2026-09-23). Records can include historical corrections and limited-scope authorisations; they are not a count of current trading licences. Its strongest licence is tier-2 (FSCA and CMA); there is no tier-1 licence in our records. Regulation is entity-specific: your protections depend on which FXTM legal entity onboards you, not on the brand.
Last updated September 2026·Licence statuses reflect our most recent read of each register; regulators update registers daily — verify current terms with the broker before you deposit.·How we score
Licence records and findings from the registers
Verified means we read the stated finding in a regulator-authored source. Where no number is published, only the entity is confirmed. Historical records do not establish current authorisation.
| Legal entity | Regulator | Licence | Our check | Register |
|---|---|---|---|---|
| Exinity UK Ltd (fmr Forextime UK Limited) | FCA | 777911 | Verified on register checked 2026-09-09 | Source |
| Exinity Limited | FSCA South Africa · Tier 2 | FSP 50320 | Verified on register checked 2026-09-09 | Source |
| Exinity Capital East Africa Limited | CMA Kenya · Tier 2 | 135 | Verified on register checked 2026-08-22 | Source |
| ForexTime Ltd Not current authorisation for this brand | CySEC | 185/12 | Verified on register checked 2026-09-23 | Source |
Notes from our checks
- FCA 777911: FCA Register API 2026-08-26: Exinity UK Ltd, status 'Authorised — applied to cancel' — the UK entity has APPLIED TO CANCEL its FCA authorisation. FXTM does not onboard UK clients via Clarytrade (GB excluded); do not present FCA as active oversight going forward. Earlier confirmation: FCA clone-warning page named the genuine firm. Re-read 2026-09-09 direct from the FCA Register API (Firm/777911): 'Exinity UK Ltd', status 'Authorised - applied to cancel'.
- FSCA FSP 50320: Was 'FSP 46614' under the name 'ForexTime Ltd' — a row that carried no source and no check date, and contradicted the broker's own disclosure. FXTM states FSP No. 50320 consistently on fxtm.com/en, fxtm.com/za and forextime.com/za, and its own crypto-leverage PDF names the holder: 'Exinity Limited ... is licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 50320 and is a licensed Over the Counter Derivative Provider.' 46614 is most likely the pre-rebrand ForexTime number. ENTITY CONFIRMED FIRST-HAND 2026-09-09 on the FSCA's own entity search (OTC Derivative Providers lookup, browser read): 'EXINITY LIMITED — Status: Approved, Public Company, 173 Oxford Rd, Rosebank, Non Bank, Foreign.' The same lookup returns 'FOREXTIME LTD — Status: Application Withdrawn' (35 Lamprou Konstantara, Kato Polemidia, Limassol, Cyprus) — i.e. the entity name we previously published against this licence has a WITHDRAWN FSCA application, which corroborates the correction. NUMBER STILL BROKER-DISCLOSED: the ODP register publishes no licence number and the FSCA's FSP-number search host is still 404 (checked 2026-09-09), so 'FSP 50320' remains Exinity's own disclosure while the ODP authorisation itself is now register-verified.
- CMA 135: Was wrongly '122' (source at the time: Exinity press release). Now confirmed first-hand on the CMA Kenya licensees register — licence No. 135 held by Exinity Capital East Africa Limited. Status stays 'corrected' so the original error remains in the public corrections log.
- CySEC 185/12: Historical correction re-verified on 23 September 2026: CySEC's own decision records withdrawal of ForexTime Ltd CIF authorisation 185/12 on 20 May 2024 following the firm's express renunciation. This verifies the withdrawal, NOT an active licence. The licence remains excluded from current broker regulation.
Which FXTM entity would onboard you?
The brand is not the counterparty. The legal entity on your client agreement sets your regulator, compensation cover, leverage cap and terms.
| Legal entity | Regulator | Typically onboards | Compensation | Leverage |
|---|---|---|---|---|
| Exinity Limited Mauritius | FSCA (Tier 2) | ZA | None identified | See terms |
| Exinity Capital East Africa Ltd Kenya | CMA (Tier 2) | KE | None identified | See terms |
Resolve the likely entity for your country with the entity checker, then confirm the entity named on your client agreement before you deposit.
What the licences actually give you
Three protections worth checking by name. Any of them can be missing even when a broker is licensed somewhere.
| Compensation scheme | None identified in our records |
| Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails. | Yes, per the broker's disclosures |
| Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions. | Yes, for retail clients where the regulator requires it |
| South African entity | 1000:1 |
| International / offshore entity | 1000:1 |
FCA warnings naming FXTM
Read weekly from the FCA's own pages. A clone warning names the genuine firm being impersonated and protects it; an unauthorised-firm warning says the brand is not authorised for UK business.
- 2023-12-08·Clone of the genuine firm
FX Time / fxtime.io (Clone of FCA Authorised Firm)
Fraudsters are using the details of an FCA-authorised firm (Exinity UK Ltd) to target people in the UK. Matched on the genuine firm's FRN 777911.
FCA page - 2016-07-13·Clone of the genuine firm
Maxima Options UK Limited (Clone of FCA authorised firm)
Fraudsters are using the details of an FCA-authorised firm (Exinity UK Ltd) to target people in the UK. Matched on the genuine firm's FRN 777911.
FCA page
What we got wrong about FXTM, and fixed
Every correction stays public. It is the clearest evidence that these numbers are checked rather than copied.
- Stale statusFCA · corrected 2026-09-09
Had: FCA 777911 (Exinity UK Ltd) presented as active oversight
Register shows: Status 'Authorised — applied to cancel' on the FCA Register API, 26 Aug 2026; removed from the FXTM profile
- Stale statusFSCA · corrected 2026-09-09
Had: FSCA FSP 46614, held by 'ForexTime Ltd'
Register shows: ForexTime Ltd's FSCA application is 'Application Withdrawn'; the group's approved South African provider is Exinity Limited, which the broker discloses as FSP 50320
- Near-miss numbersCMA · corrected 2026-08-22
Had: CMA licence 122
Register shows: Licence 135 (Exinity Capital East Africa Ltd)
- Stale statusCySEC · corrected 2026-09-23
Had: CySEC CIF 185/12 listed as active
Register shows: CIF authorisation withdrawn 20 May 2024
All corrections across the database are analysed in the licence-confusions study.
Verify these licences in five minutes
Never take a licence claim from a broker page, or from us, without reading the register.
- 1. Note the exact legal entity and licence number from the table above, or from the client agreement you would sign.
- 2.Open the regulator's own register from the links below, never from a link the broker hands you, and search that number.
- 3. Match the entity name and number exactly, check the status is active or authorised, and look for a clone-firm warning naming the brand.
FXTM regulation: common questions
Is FXTM regulated?
Our FXTM evidence log contains 4 regulatory records, with all 4 findings confirmed against regulator-authored sources (last read 2026-09-23). Records can include historical corrections and limited-scope authorisations; they are not a count of current trading licences. Its strongest licence is tier-2 (FSCA and CMA); there is no tier-1 licence in our records. Regulation is entity-specific: your protections depend on which FXTM legal entity onboards you, not on the brand.
Is FXTM regulated by the FCA?
Not as current oversight. Exinity UK Ltd (fmr Forextime UK Limited) appears in our log under FCA reference 777911, but our latest register read (2026-09-09) recorded a status change, so we no longer present the FCA as regulating FXTM. See the notes on this page and check the FCA register entry yourself.
Is FXTM regulated by FSCA?
Exinity Limited is recorded with FSCA licence FSP 50320 (South Africa, tier-2). Our check: verified on the register, last read 2026-09-09.
Is FXTM regulated by CMA?
Exinity Capital East Africa Limited is recorded with CMA licence 135 (Kenya, tier-2). Our check: verified on the register, last read 2026-08-22.
Which FXTM entity would I be onboarded by?
Our map lists 2 FXTM legal entities (Mauritius and Kenya). A listing does not establish retail account availability: consultation or introduction entities and institutional-only firms are not retail trading-account routes. Which company applies depends on your country and client agreement. Use the entity checker for the likely match, then confirm it before depositing.
Does FXTM have investor compensation?
No compensation scheme is identified for FXTM in our records. If the firm failed, there would be no statutory backstop for client money. Clients onboarded offshore are usually in this position even when the brand also holds a tier-1 licence elsewhere.
Has the FCA published a warning naming FXTM?
Yes. 2 FCA clone-firm warnings name FXTM's genuine authorised entity as the firm being impersonated, most recently on 2023-12-08 — a warning about fraudsters, not about FXTM. Each warning is listed on this page with a link to the FCA's own text.
Has FXTM been fined or warned by a regulator?
We hold no sourced regulator action for FXTM as of 2026-09-23. Absence from our log is not a clean bill: check the enforcement and warning pages of each regulator named above before depositing.
Next step
The full research file on FXTM covers real costs and withdrawal friction alongside this regulation evidence, or compare it with alternatives available in your country.
Related
Informational research only, not financial advice. Regulatory status changes; verify directly on the official registers before depositing. Being licensed is not the same as being suitable for you, and no licence protects against trading losses.