Updated October 23, 2026

FXTM, also trading as ForexTime, comes out well in user feedback. The platform is easy to learn and the education section is genuinely useful for someone in their first year, which is where most of the praise lands.

Support gets good marks too: fast replies and answers that address the question. The complaints cluster in one place. Withdrawals draw reports of delays and confusion over fees, and that is the part worth testing early with a small amount.

On balance most clients are satisfied. This FXTM review goes through the account line-up, what trading actually costs, the leverage and margin rules, and the withdrawal terms behind those complaints.

Start with regulation, because it decides how much the rest matters. FXTM is regulated by the Financial Services Commission of Mauritius and holds licences from CySEC and the FCA, operating under MiFID rules. Trading runs on MetaTrader 4 and MetaTrader 5.

Spreads are competitive. Account choice is wide, covering ECN, STP and market maker models, with leverage up to 1:1000. The minimum deposit is low and there are no hidden charges on trades themselves.

Two things spoil that picture. Inactive accounts are charged monthly, and the margin call policy is strict. Both are covered below in detail, because they are the terms that catch people out.

FXTM at a glance

Regulation: Financial Services Commission of Mauritius, plus licences from CySEC and the FCA under MiFID rules.

Minimum deposit: $10 according to the broker card. No breakdown by account type in the source.

Account types: Standard, Cent, Stock CFDs, Stocks, ECN, ECN Zero and Pro.

Spreads: from 0.1 pips.

Maximum leverage: up to 1:1000, subject to the regulator covering your country.

Commission: none stated on trades. Overnight rollover can be high.

Inactivity fee: $10 a month.

Instruments: forex pairs, CFDs, commodities, indices and stocks. Crypto availability is stated inconsistently, verify on the broker site.

Platforms: MetaTrader 4, MetaTrader 5, mobile apps for iOS and Android, Expert Advisors, copy trading.

Deposit and withdrawal methods: credit and debit cards, bank wire transfer, e-wallets.

Withdrawal time: 1 to 2 business days.

Support: 24/7 by email, telephone and live chat.

Demo account: available on Standard and Cent accounts.

Deposit and withdrawal fees: not stated in the source, check on the broker site.

Pros and cons

Pros:

• Regulated by CySEC and the FCA, not only offshore.

• Seven account types, from cent to ECN pricing.

• Spreads from 0.1 pips, no commission stated on trades.

• MetaTrader 4 and 5, Expert Advisors, dedicated copy trading.

• Signals, analysis, education and webinars on every account.

• Support 24/7 by email, phone and live chat.

Cons:

• Recurring complaints about withdrawal delays and unclear fees.

• Inactivity fee of $10 a month on a dormant account.

• Overnight rollover can be steep on some instruments.

• Leverage of 1:1000 is a hazard, not a benefit.

• Crypto availability is contradictory in the source.

• Demo accounts tied to Standard and Cent only.

Overview of the broker's services and products

The offer stretches from a cent account to ECN pricing. That range is why a beginner and a professional both end up here, and why picking the wrong account costs money.

Account types

There are three core accounts: Standard, Cent and Stock CFDs. Alongside them sit four ECN variants: Stocks, ECN, ECN Zero and Pro. Each carries its own spread, minimum deposit and leverage ceiling, so compare the fee schedule rather than the name.

Every account includes trading signals, daily market news and analysis, educational material and webinars at no extra cost. Demo accounts come with the Standard and Cent options, which is where any new strategy should start.

Trading platforms and software options

The platform choice is MetaTrader 4 or MetaTrader 5. MT4 is the simpler of the two and suits a beginner. MT5 adds timeframes, order types and analytical tools that an experienced trader will actually use.

Expert Advisors and automated robots are supported on both. Automation removes emotion from execution, but it has its own failure modes, so backtest before you let one run unattended. Mobile apps for iOS and Android cover trading and account management.

Trading instruments

The instrument list covers forex pairs, CFDs, commodities, indices and stocks, all traded through MetaTrader 4 or MetaTrader 5.

Spreads are competitive and leverage runs to 1:1000. Expert Advisors and trading robots are available, and the mobile apps let you manage positions from anywhere. One gap matters: the source states elsewhere that cryptocurrencies are not offered, which contradicts the instrument list above.

FXTM copy trading

Copy trading means mirroring the positions of a trader you select. It is the shortest route into the market for a beginner, with an obvious catch: you inherit the losses too.

The broker runs a dedicated platform for it, called Copy Trading. Strategy providers are ranked on their published history rather than on a marketing profile.

You vet a trader on past performance, then choose a style: trend following, scalping or short-term trading. Risk and profit-taking limits are set on your side. Set them before the first copied trade, not after the first bad week.

Fees and other charges

Costs at FXTM are competitive on the trading side, and less so on the account maintenance side.

Spreads start from 0.1 pips with no hidden commission on trades. The rollover charge on overnight positions is the one to watch and can run high depending on the instrument. There is also an inactivity fee of $10 a month, so withdraw the balance if you plan a long break rather than leaving it to drain.

Leverage levels and margin calls

Maximum leverage reaches 1:1000. That number is marketing, not a recommendation. At that ratio a move of a fraction of a percent against you wipes the position.

The margin rules are strict, and that protects you. If account equity drops below the margin requirement, FXTM closes open positions automatically. Nobody enjoys a forced close, but it beats a negative balance. Size positions so the stop-out is already priced in.

Deposit and withdrawal options

Funding works through credit and debit cards, bank wire transfers and e-wallets.

Stated withdrawal time is 1 to 2 business days. User reports are less consistent than that figure suggests, so run one small withdrawal before you scale the account up.

Customer support

Support runs 24/7 by email, telephone and live chat, which is more than most brokers in this bracket offer. The phone line is the fastest route when money is involved.

Who it suits and what to check first

FXTM fits a trader who wants MetaTrader with real regulation behind the account. The CySEC and FCA licences put it above the offshore field, and the account range means you can start small and move to ECN pricing without changing broker.

It is a poor fit for anyone who trades crypto, given the contradiction in the source, and for anyone who leaves an account dormant, because the monthly fee eats a small balance. Traders drawn by the 1:1000 figure should think again.

Reviewed and updated in August 2026. Confirm the current terms before funding. Check two things: which licence covers your country, and how long a withdrawal really takes on your payment method. Compare the answers with our broker catalogue, and if a rival in the same list offers MetaTrader under stronger regulation, take that instead.

FAQ

What is FXTM?

FXTM, also known as ForexTime, is a forex and CFD broker offering seven account types through MetaTrader 4 and MetaTrader 5. It is regulated by the Financial Services Commission of Mauritius and holds licences from CySEC and the FCA, operating under MiFID rules.

How does FXTM work in 2026?

You pick an account, from a cent account up to ECN pricing, fund it by card, bank wire or e-wallet, and trade through MetaTrader. Spreads start at 0.1 pips with no commission stated on trades. Automated strategies run through Expert Advisors, and a separate platform handles copy trading.

Is FXTM safe and regulated?

It holds licences from CySEC and the FCA alongside the Mauritius regulator, which puts it well above a purely offshore broker. Which entity covers you depends on your country, and that determines both your leverage cap and whether any compensation scheme applies. Check that before you deposit.

What is the minimum deposit on FXTM?

The broker card states ten dollars. The review text describes the requirement only as low and does not break it down by account, so the actual figure will differ between the Cent account and the ECN or Pro tiers. Confirm the number for the account you intend to open.

How long does a withdrawal take on FXTM?

The stated processing time is one to two business days, through the same channels used for deposits: cards, bank wire or e-wallets. User feedback mentions delays and confusion over fees, so run one small withdrawal early to see how the process behaves before you commit a larger balance.