FXTM (ForexTime) Review 2026
Founded 2011 · Limassol, Cyprus
Last updated: May 27, 2026
FXTM (ForexTime) is a globally regulated broker serving clients in 180+ countries with a particular strength in Africa, the Middle East, and Asia. Regulated by CySEC, FCA, FSCA, and FSC, FXTM offers forex, commodities, indices, and stock CFDs with a strong emphasis on education, local payment methods, and regional partnerships. Known for its Advantage Plus and Advantage accounts with competitive ECN-like pricing.
FXTM (ForexTime) Spreads & Fees Breakdown
Our automated tracking systems monitor FXTM (ForexTime)'s live pricing across all major trading sessions. Below is the historical average spread data for their most popular account type.
Non-Trading Fees
Frequently Asked Questions about FXTM (ForexTime) Fees
What is FXTM (ForexTime)?
FXTM (ForexTime) is a globally regulated forex and CFD broker founded in 2011 by Andrey Dashin. Headquartered in Limassol, Cyprus, FXTM serves clients in 180+ countries with a particular focus on Africa, the Middle East, and Southeast Asia. It offers 1,100+ instruments across forex, indices, commodities, stocks, and crypto CFDs. FXTM holds regulatory licenses from CySEC (EU), FCA (UK), FSCA (South Africa), and FSC (Mauritius), providing a tiered regulatory structure for different regions.
What is the FXTM Advantage account?
The FXTM Advantage account is designed for active traders who want the lowest possible trading costs. It offers raw spreads from 0.0 pips with a variable commission starting from just $0.4 per lot — one of the lowest commission structures in the industry. The commission scales based on the instrument traded: major forex pairs start from $0.4/lot, while exotic pairs and metals may be higher. The minimum deposit is $500. This account uses ECN execution with no dealing desk intervention.
Is FXTM good for African traders?
FXTM is one of the best brokers for African traders. It accepts M-Pesa deposits (critical for East African clients), offers localized support in multiple African languages, hosts regular in-person seminars across African cities, and maintains a dedicated FSCA-regulated entity for South African clients. The $10 Micro account minimum is very accessible for markets where average deposits are lower. FXTM has invested heavily in African market presence — a genuine differentiator from brokers that treat Africa as an afterthought.
What leverage does FXTM offer?
FXTM offers leverage up to 1:2000 on its offshore FSC (Mauritius) entity — suitable only for experienced traders. EU clients under CySEC are capped at 1:30 for retail and up to 1:200 for professionals. UK clients under FCA follow similar ESMA restrictions. South African clients under FSCA can access up to 1:500. The appropriate leverage depends on your experience level, risk tolerance, and regulatory entity. Beginners should always use 1:100 or lower.
What platforms does FXTM support?
FXTM offers MetaTrader 4, MetaTrader 5, and the FXTM Trader mobile app. MT4 is available for the Micro account, while MT5 is the primary platform for Advantage and Advantage Plus accounts. The FXTM Trader app provides a simplified mobile trading experience with one-tap execution, built-in signals, and account management. There is no cTrader, TradingView, or proprietary desktop platform — a limitation for traders who prefer these alternatives.
Is FXTM safe and regulated?
FXTM holds regulatory licenses from CySEC (EU, license 185/12) and FCA (UK, license 600475) — both Tier-1 regulators with strict requirements. EU clients are protected by the ICF up to €20,000, and UK clients by the FSCS up to £85,000. FXTM also holds an FSCA license for South Africa and an FSC license for Mauritius. The Mauritius entity has weaker protection, so traders should open accounts through the CySEC or FCA entity when possible. Client funds are segregated at Barclays Bank.