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Over 1 million traders worldwide have chosen FXTM, also known as ForexTime, as their trusted broker, with thousands of new clients signing up every month. It's a popular pick for many reasons. But mainly, the leverage options are solid.
This largely depends on your location. If you're in the EU or UK, you're limited to 1:30 for forex and 1:5 for stocks, standard under MiFID II rules.
But if you’re outside those regions, they offer much higher leverage up to 1:1000, and even 1:2000 in some offshore areas. That's really commendable, especially if you’re trading with a smaller balance.
And the asset selection? Pretty solid.
This broker gives access to over 700 CFD instruments, 47 forex pairs, metals, commodities, 600+ stock CFDs (region-based), indices, and around 17 cryptocurrencies.
So, is FXTM a legit broker? Yes. It’s perfect for new traders with all the features and all.
| Accounts | Currencies | Min. Deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Commission | Max. Lot Size | Min. Lot Size |
|---|---|---|---|---|---|---|---|---|---|
| Advantage Account | USD, EUR, GBP, NGN | $200 | 1:3000 | 0.0 pips | Yes | Yes | $3.5 | 100 lots | 0.01 lots |
| Advantage Plus Account | USD, EUR, GBP, NGN | $200 | 1:3000 | 1.5 pips | Yes | Yes | $0 | 100 lots | 0.01 lots |
| Advantage Stocks Account | USD | $200 | 1:1 | 2 cents | Yes | No | No | 100 lots | 0.01 lots |
| Demo Account | Virtual | $0 | 1:3000 | 0.0 pips | No | Yes | No | 100 lots | 0.01 lots |
| Islamic Account | USD, EUR, GBP, NGN | $200 | 1:3000 | 0.0 pips | Yes | No | No | 100 lots | 0.01 lots |
| Broker Type | Minimum Deposit | Forex Majors Spread | Maximum Leverage | Min. Trade Size | Scalping | Hedging | Free Demo | USA Traders |
|---|---|---|---|---|---|---|---|---|
| Online Broker | $200 | 0.0 pips | 1:3000 | 0.01 lots | Yes | Yes | Yes | No |
FXTM has 5 types of accounts. Such as:
FXTM has 2 main platforms.
Both platforms can be used on mobile devices, as well as on Desktop (available for Mac, Windows, and Linux). Forex time broker sees a rise in mobile users. They also developed a mobile app to handle everything.
Forex time MT4 setup stands out for its accessibility, powerful tools, and multi device support. This platform is available on PC, Mac, Android, iOS, and can be accessed directly through any browser using WebTrader.
It also offers MQL4 support, Expert Advisors (EAs), VPS hosting, and Multi Account Manager (MAM) functionality. Along with that, it is connected to the markets with real time data, over 30 technical indicators, and fully interactive charts.
Additionally, this broker offers a range of market options, including forex, spot metals, commodity CFDs, index CFDs, and crypto CFDs. This platform is all-in-one for traders of all levels.
MetaTrader 5 is a powerful trading platform designed for traders seeking advanced tools, deeper market access, and greater flexibility. It offers affordable entry to a broad range of markets, major global stocks, forex, commodities, and indices.
Traders can even access commission free US stock trading through the Advantage Stocks account.
MT5 is filled with MQL5, Expert Advisors, VPS hosting, and over 80 technical indicators. It is ideal for more advanced strategies.
With Multi Account Manager (MAM) support and availability in over 20 languages. Overall, the MT5 platform stands out as a robust, flexible, and globally accessible option for serious traders.
Forex time fee structure varies depending on the account type and instrument traded. The Advantage Account applies commissions such as $3.5 per lot on Forex and $25 per million notional on Spot Metals.
On the other hand, the Advantage Plus Account offers commission-free trading. For Cryptocurrency CFDs, a fee of 0.07% of the notional trade value is charged. And, CFDs incur a fee of $0.02 per side per lot, with a minimum charge of $0.01.
They provide highly competitive spreads, particularly with their Advantage account, where spreads on major forex pairs can start from zero.
This account type is designed for traders who priorities tight pricing. Meanwhile, the Advantage Plus account offers commission free trading but with slightly wider spreads, as costs are built into the spread rather than charged separately.
This is perfect for beginners looking to test the waters without committing a large sum. FXTM also has a copy trading service. It helps beginners copy trades of top strategy managers. It’s user friendly, transparent, and includes:
These unique features, when combined with this broker's trusted reputation.
FXTM is a fully regulated broker, operating under 4 oversight of multiple respected financial authorities. It holds licenses from:
So, if you're asking yourself, “Is FXTM a trusted broker?” the answer is yes, cause its multiple licenses from top-tier regulators are a strong vote of confidence.
Plus, in jurisdictions like the UK, clients may be protected by compensation schemes such as the Financial Services Compensation Scheme (FSCS). It offers an added layer of security in case the broker ever becomes insolvent.
| Supported Languages | English, Arabic, Chinese, Spanish, French, Indonesian, Thai, Hindi, and more. |
| Customer Service By | Live Chat, Phone Support, WhatsApp, Telegram |
| Service Hours | 24/5 |
| Email Response | [email protected] |
| One Click Trading | Yes |
| Stop Order | Yes |
| Limit Order | Yes |
| Trade off Charts | Yes |
| Market Order | Yes |
| 24hr Trading | No |
| Email Alerts | Yes |
| Trailing Stop Order | Yes |
| Charting Package | Yes |
| Mobile Alerts | Yes |
| OCO Orders | Yes |
| Streaming News Feed | Yes |
This broker makes it easy for traders to fund and access their accounts, with a wide variety of secure and flexible payment options. You can deposit using:
A minimum deposit of $200 is required. Most deposit methods are free of charge and processed instantly or within a few hours, depending on the method.
The minimum withdrawal amount at Forex time starts at $1, depending on the payment method used. For instance:
This flexibility makes FXTM a convenient option for both small and large account holders looking for accessible fund management.
One standout feature is instant account verification. In many cases, documents are approved within minutes, allowing you to deposit and trade on the same day.
Payment processing is another win:
Educational tools also enhance the experience. Traders have access to free webinars, market outlook reports, and a downloadable Trader’s Guide. It is easy to stay informed and build skills while trading.
Overall, FXTM strikes a balance between speed, security, and support, with a few features that genuinely set it apart.
FXTM strikes a solid balance between user friendly features and professional trading tools. With tight spreads, flexible account types, lightning fast withdrawals, and strong global regulation, it’s a broker that caters to both beginners and more experienced traders.
If you're looking for low-cost, high access trading with legitimate licensing and modern platforms. It is worth serious consideration.
Our User Reviews Section is a great way to learn more about our brokers and services from people who have already used them. We encourage our customers to leave honest feedback about their experiences, so that you can make an informed decision about whether or not to purchase from us.
| USA
18 Nov, 2025
| Colombia
31 Dec, 2025
| Zimbabwe
31 Dec, 2025
| Brazil
31 Dec, 2025
| Portugal
18 Nov, 2025
| Australia
17 Nov, 2025
| Pakistan
17 Nov, 2025
| Sri Lanka
31 Dec, 2025
| Denmark
17 Nov, 2025
