Home > Brokerage Reviews
$10
From 0.0 pips
Up to 1:2000
MT4, MT5
Micro, Advantage, Islamic
Founded in 2011, FXTM (ForexTime) has become a popular global broker, especially in emerging markets like Africa and Asia. Known for its low entry requirements, high leverage, and variety of account types, FXTM caters to both beginners and professional traders.
With regulation in multiple jurisdictions, FXTM combines accessibility and trustworthiness, making it a strong choice for traders seeking flexibility and affordability.
FXTM is a well-regulated broker, holding licenses from:
| Regulator | Entity | Region |
|---|---|---|
| FCA – Financial Conduct Authority | ForexTime UK Ltd | United Kingdom |
| CySEC – Cyprus Securities and Exchange Commission | ForexTime Ltd | Europe |
| FSCA – Financial Sector Conduct Authority | ForexTime ZA (Pty) Ltd | South Africa |
| FSC – Financial Services Commission | Exinity Ltd | Mauritius (international clients) |
👉 These regulators ensure segregated funds, negative balance protection, and transparency.
$10 minimum deposit (Cent account).
Other account types may require higher deposits.
Flexible funding methods including bank transfers, cards, Skrill, Neteller, and local options.
FXTM offers a wide range of accounts to suit different trading needs:
| Account Type | Spreads | Commission | Best For |
|---|---|---|---|
| Micro (Cent) | From 1.5 pips | None | Beginners, small-scale traders |
| Advantage | From 0.0 pips | $0.40–$2 per $100k | Professional/active traders |
| Advantage Plus | From 1.5 pips | None | Commission-free trading |
| Islamic (Swap-Free) | Same as above | None/admin fee may apply | Muslim traders |
👉 The Advantage Account is FXTM’s ECN-style option with ultra-low spreads and small commissions.
Micro & Advantage Plus: From 1.5 pips, no commission.
Advantage Account: From 0.0 pips, low commissions.
⚡ FXTM is highly competitive for traders who want raw spreads with low costs.
Up to 1:2000 (international clients).
1:30 for EU/UK clients under strict regulation.
FXTM provides access to:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile trading apps for iOS & Android
FXTM offers a broad range of markets:
Forex: 60+ currency pairs
Metals: Gold, Silver
Energies: Oil, Gas
Indices: Global indices like S&P 500, DAX, FTSE
Commodities: Soft commodities (Coffee, Cocoa, Sugar, etc.)
Stocks & CFDs: Global companies and ETFs
Cryptocurrencies: BTC, ETH, LTC, XRP, and more
Minimum Deposit: $10
Processing Time: Instant for e-wallets, 1–2 days for bank transfers.
No broker fees (payment providers may charge).
FXTM invests heavily in education, offering:
Free webinars and seminars
Tutorials and trading guides
Market news & analysis
Demo accounts
👉 This makes FXTM one of the best brokers for beginner traders.
Trustpilot Score: 4.3/5
Overall User Rating: ⭐⭐⭐⭐ (4.3/5)
Regulation: FCA, CySEC, FSCA, FSC
Minimum Deposit: $10
Spreads: From 0.0 pips (Advantage) / 1.5 pips (Micro)
Leverage: Up to 1:2000 (international) / 1:30 (EU/UK retail)
Platforms: MT4, MT5
Account Types: Micro, Advantage, Advantage Plus, Islamic
Commission: From $0.40–$2 per $100k (Advantage account)
Instruments: Forex, Indices, Commodities, Stocks, Cryptos
FXTM is a flexible, beginner-friendly broker with a low $10 deposit, strong educational resources, and high leverage. Its wide range of account types makes it suitable for both new traders and professionals.
📌 Best For: Beginners seeking education & low entry, and pros wanting low-cost Advantage accounts.
Copyright © 2025 WHATABROKER
