FXTM review
Trust 8.0/10Multi-regulated broker with deep penetration in African and Asian markets, and a tiered Advantage account that scales commissions down with volume. Strong reputation for local payment options and education.
FCA
CySEC
FSCA
FSC-Mauritius
CMA
HQ Cyprus
Est. 2011
Segregated client funds. Affiliate link — supports the site at no cost to you.
At a glance
Min deposit
$10
Max leverage
1:1000
EUR/USD spread
0.00 pips
Commission
$4/lot
Pros
- FCA, CySEC, FSCA and CMA regulation
- Advantage account commissions scale with volume
- Local payment options in 50+ countries
- Robust mobile app
- Negative balance protection
Cons
- No cTrader or TradingView
- Inactivity fee after 6 months
- No US clients
- Standard account spreads aren't competitive
Account types
| Account | Available | Best for |
|---|---|---|
| Raw / ECN spread | Scalpers, algo traders, high-volume | |
| Standard | All-in spreads, simpler costs | |
| Swap-free / Islamic | Swing traders, religious requirements |
Platform support
| Platform | Supported |
|---|---|
| cTrader | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| TradingView | |
| Proprietary |
Trading costs
| Item | Value |
|---|---|
| EUR/USD avg spread | 0.00 pips |
| Commission per standard lot | $4 round-trip |
| Swap fees competitive? | |
| Withdrawal speed | 24 hours |
| Deposit methods | Bank Wire, Credit/Debit Card, Skrill, Neteller |
| Base currencies | USD, EUR, GBP, NGN |
Best for
High-volume traders
Day traders
Copy traders