FXTM, more formally known as ForexTime, is one of the longer-running global retail forex and CFD brokers, founded in 2011 and now operating under the Exinity umbrella of trading brands. Over fifteen years it has built a reputation around competitive ECN pricing, copy-trading functionality, and a wide choice of regulated entities for clients across Europe, Asia, Africa, and Latin America. In this FXTM review for 2026, we examine the broker’s regulatory standing, trading conditions, platform offering, product range, support quality, and how it stacks up against alternatives for traders seeking a flexible, multi-jurisdiction broker.

FXTM (ForexTime) Overview

FXTM is the retail-facing brand of ForexTime Limited, founded in Cyprus in 2011. The brand sits alongside other Exinity retail brands such as Exness’s predecessor brands under a shared corporate parent that has invested heavily in emerging-market and multi-jurisdiction brokerage. ForexTime’s first licence was issued by the Cyprus Securities and Exchange Commission (CySEC), giving the broker its passport into the broader European Economic Area. It subsequently expanded its footprint with the United Kingdom’s Financial Conduct Authority (FCA), the Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Services Commission (FSC) of Mauritius, and International Financial Services Commission (IFSC) registrations in other offshore locations.

Key facts at a glance:

  • Founded: 2011
  • Headquarters: Limassol, Cyprus (corporate), with regional hubs in London, Johannesburg, Lagos, Kuala Lumpur, and other emerging-market offices
  • Primary regulators: CySEC (Cyprus), FCA (United Kingdom), FSCA (South Africa), FSC (Mauritius)
  • Execution model: Market execution with optional ECN-style pricing on ECN Zero and ECN Pro accounts

A tier-one regulatory base in the EU and UK is one of the strongest credentials FXTM brings to European traders, and the broad emerging-market footprint explains why its name is so familiar across Africa, the Middle East, and Southeast Asia — a reach that overlaps substantially with many brokers we cover in our [best forex brokers for Asia 2026](/posts/best-forex-brokers-asia-2026/) guide.

Trading Conditions

FXTM distinguishes itself through a layered account structure that lets traders pick between commission-free simplicity and tight, transparent ECN pricing — a model that has become standard among brokers targeting both casual and active clients.

spreads and Commissions

  • Standard account: commission-free trading with built-in spreads, often cited around 1.5–1.7 pips on EUR/USD depending on conditions.
  • ECN Zero account: EUR/USD spreads from roughly 0.8 pips, with a small commission per lot traded.
  • ECN Pro account (where offered): raw spreads from 0.1 pips on EUR/USD, with a transparent per-lot commission.

ECN pricing is most attractive for active and short-term traders; the Standard account remains appropriate for newer traders who prefer not to calculate commission on top of spreads.

leverage

  • CySEC / FCA entities: leverage capped at the European Securities and Markets Authority (ESMA) standard of 1:30 on major forex pairs and lower on minors, exotics, and CFDs.
  • FSCA, FSC, and offshore entities: significantly higher leverage caps, often reaching 1:1000 or more on majors (subject to margin-close-out rules).

Like most regulated brokers, FXTM implements margin-close-out protection on retail accounts at the European level, which means equity-drawdown triggers protection before the account goes negative.

Minimum deposit and Lot Sizes

  • Cent account: minimum deposit around $10, designed for new traders learning position sizing.
  • Standard and ECN accounts: minimum deposit around $100 depending on entity and payment method.
  • Minimum trade size: 0.01 lots (micro-lots), with Standard and ECN tiers supporting trade sizes from 0.01 up to standard 100-lot institutional lots.

This is a practical beginner entry point, particularly for traders working through our position-sizing guide and learning how leverage translates into risk.

Trading Platforms

FXTM keeps the platform story deliberately simple: full MetaTrader support, no proprietary trading platform, and tight integration with a popular copy-trading service.

  • MetaTrader 4 (mt4): the classic platform familiar to most retail traders, supporting MQL4 Expert Advisors, custom indicators, and the widest base of third-party tools. A full MT4-vs-MT5 comparison is available in our MT4 vs MT5 comparison guide.
  • MetaTrader 5 (MT5): the next-generation platform with more built-in timeframes, depth-of-market, and a faster back-tester — recommended for traders using ECN accounts.
  • MetaTrader WebTrader: a browser-based version of MetaTrader that removes installation friction and allows sign-in from any modern device.

FXTM does not currently offer its own proprietary web platform or app, so the experience is centred on MetaTrader and the FXTM client portal. This is a deliberate choice — many of the brokers we cover, including some in our best trading platforms guide, take the same approach.

Product Range

FXTM offers a broad multi-asset portfolio, scaled differently depending on the entity:

  • Forex: roughly 60+ currency pairs, including majors, minors, and a deep selection of emerging-market currencies (ZAR, NGN, TRY, MXN) and exotic crosses.
  • Spot metals: gold (XAU/USD), silver (XAG/USD), and platinum/copper on selected accounts.
  • Indices CFDs: major global indices across the US, EU, Asia, and Africa.
  • Commodities CFDs: crude oil and natural gas plus key soft commodities on selected entities.
  • Stock CFDs / share dealing: equity CFDs on US, EU, and some African listings depending on entity.
  • Cryptocurrency CFDs: available offshore; not all regulated entities offer crypto CFDs.

The breadth of emerging-market currency pairs — often overlooked in larger brokers — is one of the most compelling reasons FXTM remains popular in Africa, the Middle East, and parts of Asia.

Copy Trading: FXTM Invest

FXTM Invest is FXTM’s flagship copy-trading product. It allows more experienced traders to act as Strategy Managers, broadcasting their positions to followers who copy trades proportional to their account balance. Followers pay a share of profits as a performance fee, and the broker discloses the historical performance of each Strategy Manager in the public leaderboard.

For traders who do not yet feel confident running their own strategy, FXTM Invest is a legitimate way to begin, although past performance is not indicative of future results. Our copy trading primer covers how to evaluate strategy providers in more detail.

Customer Support

FXTM provides support through live chat, email, ticket systems, and regional phone numbers, with multilingual coverage aligned to its global client base. Based on FXTM’s ongoing regional office presence, support is strongest across English, Arabic, Spanish, French, and several Asian and African languages. Live chat is generally the fastest channel during European and African business hours; response quality can vary across regions and time zones. For new accounts, our how to choose a forex broker guide sets out how to evaluate support alongside pricing.

FXTM vs uzfx

FXTM and UZFX operate in overlapping corridors — both serve multi-jurisdiction retail traders with strong ECN pricing — but the client experience differs in important ways. FXTM’s strength is its long track record, deep exotic-currency coverage, and built-in copy-trading service (FXTM Invest). UZFX is often preferred by traders who prioritise a streamlined multi-asset product range, ASIC-anchored regulation, regional service tailored to Asia-Pacific traders, and an integrated trading experience across forex, indices, commodities, and crypto CFDs. Both are legitimate choices; the right one depends on whether your priority is FXTM’s emerging-market currency depth and copy trading or UZFX’s integrated multi-asset, regional-first setup.

Pros and Cons

Pros:

  • Multi-jurisdiction tier-one regulation (CySEC, FCA, FSCA, FSC) and additional regional licences
  • Competitive ECN pricing from 0.1 pips with transparent commissions on ECN accounts
  • Excellent emerging-market currency coverage (ZAR, NGN, TRY and other exotics)
  • Built-in copy-trading service (FXTM Invest) with public performance disclosure
  • Low entry barrier with a Cent account from approximately $10
  • MT4 and MT5 support, plus WebTrader for browser-based trading
  • Islamic (swap-free) account available on request

Cons:

  • No proprietary trading platform — MetaTrader only, which may feel dated to traders used to web-native platforms
  • Leverage dramatically lower on EU/UK entities (1:30) than offshore (up to 1:1000), forcing entity-dependent comparisons
  • Spread/commission bundle on the Standard account is wider than the headline ECN zero/Pro pricing suggests
  • Educational content and research are lighter than the largest global brokers
  • Crypto and stock CFD availability varies by entity — always confirm what is accessible to your jurisdiction

Verdict

FXTM (ForexTime) in 2026 remains a credible global forex and CFD broker with a long track record, tier-one European regulation, and a genuinely broad emerging-market currency offering. It is best suited to retail traders who want ECN-style pricing, emerging-market FX coverage, and access to copy trading through FXTM Invest, and who are comfortable working within MetaTrader. For traders whose priority is a tightly integrated multi-asset experience with strong regional execution and an ASIC-anchored framework — and who may want a deeper selection of share CFDs and crypto CFDs alongside forex — comparing FXTM against alternatives like UZFX is well worth the effort.

As with all CFD and forex activity, remember that trading carries a high level of risk and may not be suitable for all investors. Never invest more than you can afford to lose.

FAQ

  • question: Is FXTM regulated? answer: Yes. FXTM (ForexTime) is regulated by multiple top-tier authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the United Kingdom’s Financial Conduct Authority (FCA). Additional licensed entities operate under the FSCA in South Africa and the FSC in Mauritius, with further entities serving other regions.
  • question: What are the spreads on FXTM? answer: FXTM ECN-style accounts quote EUR/USD from roughly 0.1 pips plus a transparent per-lot commission. Standard accounts are commission-free but carry wider built-in spreads (typically around 1.5 pips on EUR/USD). Pricing varies by account type, entity, and live market conditions.
  • question: What is the FXTM minimum deposit? answer: The minimum deposit on FXTM’s Cent account is around $10, with Standard and ECN accounts requiring approximately $100 depending on the entity and funding method. Higher-tier accounts may have higher minimums for premium services.
  • question: Does FXTM offer copy trading? answer: Yes. FXTM Invest is the broker’s flagship copy-trading service, allowing less experienced traders to follow Strategy Managers’ positions proportionally, while the Strategy Manager earns a percentage of the followers’ profits as a performance fee.
  • question: Is an Islamic account available on FXTM? answer: Yes. FXTM provides swap-free Islamic accounts on request for clients of its regulated entities, allowing sharia-compliant traders to hold positions overnight without swap charges.