Compare FXTM with the best brokers
FXTM
FXTM, founded in 2011 and part of the Exinity Group, is a global online broker serving over four million clients in more than 150 countries. The broker is regulated by the FSC in Mauritius, the FSCA in South Africa, and the CMA in Kenya. FXTM follows industry best practices, including segregated accounts, secure payments, competitive leverage, and tight spreads. Traders can access over 1,000 instruments across forex, stocks, indices, commodities, and cryptocurrencies via the MT4 and MT5 platforms.
| Evaluation | 7.79 |
| Regulations | |
| Minimum Deposit | $200 |
| Islamic Account | Yes |
| Payment Methods | credit and debit cards, e-Wallets, bank wire transfers and local payment solutions . |
| Main Branch | Mauritius |
| Demo Account | Yes |
| Trading Platforms | FXTM app, MT4, MT5, Web platform |
Pros
- Highly responsive customer service.
- Excellent educational tools.
- Low fees for stock index CFDs.
- Relatively low EUR/CHF and EUR/GBP fees.
- No deposit fees.
- Quick deposit and withdrawal
- Good customizability for charts and workspaces.
- Order confirmation.
- Tightly regulated, giving traders confidence.
Cons
- No US clients.
- Limited product portfolio when compared with bigger rivals.
- Withdrawal fees on cards ($3) and bank wires ($30).
FXTM
FXTM, founded in 2011 and part of the Exinity Group, is a global online broker serving over four million clients in more than 150 countries. The broker is regulated by the FSC in Mauritius, the FSCA in South Africa, and the CMA in Kenya. FXTM follows industry best practices, including segregated accounts, secure payments, competitive leverage, and tight spreads. Traders can access over 1,000 instruments across forex, stocks, indices, commodities, and cryptocurrencies via the MT4 and MT5 platforms.
| Evaluation | 7.79 |
| Regulations | |
| Minimum Deposit | $200 |
| Islamic Account | Yes |
| Payment Methods | credit and debit cards, e-Wallets, bank wire transfers and local payment solutions . |
| Main Branch | Mauritius |
| Demo Account | Yes |
| Trading Platforms | FXTM app, MT4, MT5, Web platform |
Pros
- Highly responsive customer service.
- Excellent educational tools.
- Low fees for stock index CFDs.
- Relatively low EUR/CHF and EUR/GBP fees.
- No deposit fees.
- Quick deposit and withdrawal
- Good customizability for charts and workspaces.
- Order confirmation.
- Tightly regulated, giving traders confidence.
Cons
- No US clients.
- Limited product portfolio when compared with bigger rivals.
- Withdrawal fees on cards ($3) and bank wires ($30).
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