brokeredge

FXFlat vs FXTM

Side-by-side comparison of regulation, trading costs, platforms, and account types for FXFlat and FXTM.

FXFlatTrust 8.7/10
BaFin

German BaFin-licensed broker founded in 1997 — one of the oldest fully-domestic Germany-regulated forex brokers still operating. Niche EU-only player with broad platform support including AgenaTrader and Interactive Brokers' TWS.

FXTMTrust 8.0/10
FCA
CySEC
FSCA
FSC-Mauritius

Multi-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.

Quick verdict

  • Trust: FXFlat has the higher trust score.
  • EUR/USD spread: FXTM is tighter on EUR/USD.

Side-by-side comparison

FeatureFXFlatFXTM
Trust score8.78.0
RegulatorsBaFinFCA, CySEC, FSCA, FSC-Mauritius, CMA
HeadquartersRatingen, GermanyCyprus
Founded19972011
Min deposit$200$10
Max leverage1:301:1000
EUR/USD spread0.80 pips0.00 pips
Commission per lot$5$4
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, PayPalBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal methodsBank WireBank Wire, Credit/Debit Card, Skrill, Neteller
Withdrawal speed48h24h
Base currenciesUSD, EUR, GBP, CHFUSD, EUR, GBP, NGN

FXFlat is best for

Algo traders
Day traders
Swing traders

FXTM is best for

High-volume traders
Day traders
Copy traders