FXTM broker scan
Regulation, real cost, withdrawal friction and red flags to check before you deposit. Limassol, Cyprus · founded 2011.
Availability varies by country and entity (not offered in US, CA) — confirm before opening an account.
Research profile — we don't have a tracked partner link for FXTM yet. Verify availability and regulation directly before depositing.
Compare alternativesWe earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
FXTM has a stronger regulatory profile than many CFD brokers and responsive customer support, but it offers leveraged CFDs, where most retail accounts lose money. Before depositing, verify the exact legal entity, product access and withdrawal terms that apply to you — and it's worth comparing alternatives before you decide.
- you prioritise regulation
- you trade forex or CFDs
- you care about cost transparency
- you want clearer withdrawal terms
- you want to own spot crypto, not crypto CFDs
- you're unsure which legal entity would apply to you
- you want non-CFD / direct investing only
- Founded
- 2011
- HQ
- Limassol, Cyprus
- Min deposit
- $10
- Withdrawal
- Same – next day
Research-based summary — informational only, not financial advice and not a safety guarantee. Verify directly before depositing.
Last updated June 2026·Spreads, fees and withdrawal times are typical/indicative and change with account type and market conditions — verify current terms with the broker before you deposit.·How we score
Eight signals, scored the same way
High confidence
Competitive all-in cost
Fast typical payouts
MT4, MT5
high-risk product mix
Clearly disclosed
Complaints & track record
Varies by country
Regulation snapshot
| Regulation confidence | High (85/100) |
| Regulators | FCA — United Kingdom, licence 777911 (Tier 1)Verified on register FSCA — South Africa, licence FSP 46614 (Tier 2)Pending — verify CMA — Kenya, licence 135 (Tier 2)Corrected — verify |
| 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 |
| Compensation scheme | FSCS up to £85,000 (UK clients) |
| 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 required/applicable by region |
Source: regulator registersVerify these licences on the official regulator register before depositing — how to check.
Which entity could apply to you?
FXTM may onboard you through a different legal entity depending on your country — which can change your regulator and protection. Decode the entity that may apply before you deposit.
Real cost snapshot
| Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD) | from 0.1 pips |
| CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost. | $4 per lot |
| Minimum deposit | $10 |
| Inactivity fee | $5/mo after 6 months |
| All-in cost index | $$$·· (3/5) |
Last updated June 2026·Spreads are typical published figures, not live quotes; fees can change by account type and region. Costs and charges may vary depending on the jurisdiction. — verify current terms with the broker before you deposit.·How we score
Withdrawal check
| Typical withdrawal speed | Same – next day (Fast) |
| Deposit / withdrawal methods | Card, Bank transfer, Skrill, Neteller, Local methods |
| Verification | Identity verification (KYC) required before the first withdrawal. |
Withdrawal rules can vary by entity, country and payment method — and regulated brokers usually return funds to your original deposit method first. Available payment methods may vary depending on your jurisdiction, and depending on the payment method, third-party or bank charges may apply. See how withdrawals work.
Product risk
This reflects the risk of the products offered (e.g. leveraged CFDs) — not the broker's trustworthiness. A lower-risk product label is not an endorsement of the broker.
| Product risk level | Higher caution |
| CFD / leverage risk | High |
| Max leverage (region-aware) | 1000:1 globally; capped at 30:1 for retail clients in the UK/EU/Australia. |
Red flags & what to verify
Neutral checks, not accusations. Confirm each one directly before funding an account.
Want to recognise these yourself? Try the broker red-flag detector.
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A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.
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Alternatives to FXTM
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Why this fits: Lower cost vs FXTM. Scan it before you decide.
Why this fits: Lower cost vs FXTM. Scan it before you decide.
Why this fits: Lower cost vs FXTM. Scan it before you decide.
We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.
FXTM — common questions
Quick, research-based answers to what people check before depositing. Informational only — verify directly.
Is FXTM regulated?+
FXTM is regulated by FCA (United Kingdom), FSCA (South Africa), CMA (Kenya). Client funds are held in segregated accounts, with FSCS up to £85,000 (UK clients). Regulation can differ by the entity that onboards you. Always confirm the specific licence on the regulator's official register before depositing.
Is FXTM a scam, or is it legitimate?+
We don't label any broker "safe", but FXTM is a licensed operator with tier-1 oversight (FCA), not an anonymous one. The bigger risk is clone scams: fraudsters copy real brokers' names and websites. Reach FXTM only through its official domain, and verify the licence number on the regulator's own register.
Is FXTM available in my country?+
Availability — and the legal entity that onboards you — varies by country (FXTM does not accept US, CA). The entity decides your regulator and protection. Use our entity decoder to see which entity may apply to you, and confirm it during signup.
What does it cost to trade with FXTM?+
Typical EUR/USD spread is from 0.1 pips, plus about $4 commission per standard lot, with a $10 minimum deposit. Figures are indicative — confirm current pricing for your account type directly.
How long do withdrawals take at FXTM?+
Typical withdrawal time is Same – next day. Actual speed depends on your payment method, identity verification (KYC) and the entity that holds your account. Regulated brokers usually return funds to your original deposit method first.
What leverage does FXTM offer, and is it risky?+
Maximum leverage is around 1000:1 on the global entity, but retail leverage is capped (typically 30:1) in the UK, EU and Australia. Leverage amplifies both gains and losses, and most retail CFD accounts lose money — only trade with money you can afford to lose.
Before you deposit, compare FXTM against alternatives.
Informational scan — not a safety guarantee and not financial advice. Affiliate link; we may earn a commission, which never changes the scan score. Verify availability, fees and regulation directly before depositing.