FXTM Review: Is it time to trade foreign exchange?

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FXTM Review
FXTM

Name: FXTM

Description: FXTM is an online forex broker and CFD trading platform founded in 2011. FXTM has over 2 million registered users trading, which can trade 200 financial markets, (including 61 forex pairs) via the MT4 (Metatrader 4) of the FXTM mobile trading app.

Is FXTM a good forex trading platform?

FXTM is suitable for traders that are more interested in trading main market forex pairs.

Pros

  • Good forex market access
  • Low minimum deposit
  • MT4 broker

Cons

  • Limited market range
  • Pricing
    (3.5)
  • Market Access
    (2.5)
  • Online Platform
    (4)
  • Customer Service
    (3)
  • Research & Analysis
    (2.5)
Overall
3.1

FXTM Alternatives

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See Platform69% of retail investor accounts lose money when trading CFDs with this provider
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Spreadex  Forex Trading60£1
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Saxo Markets Forex Trading84£1
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Interactive Brokers Forex Trading100£1
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CMC Markets Forex Trading338£1
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eToro Forex Trading41$10
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Tickmill Forex Trading62£100
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Forex.com Forex Trading80£1
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See Platform69% of retail investor accounts lose money when trading CFDs with this provider.

FXTM Facts & Figures

FXTM Total Markets
200+
➡️Forex Pairs61
➡️Commodities3
➡️Indices11
➡️UK Stocks0
➡️US Stocks119
➡️ETFs0
FXTM Key Info
👉Number Active ClientsNot available
💰Minimum Deposit$50
❔Inactivity Fee$5 per month
📅Founded2011
ℹ️ Public Company
FXTM Account Types
➡️CFD Trading✔️
➡️Forex Trading✔️
➡️Spread Betting
➡️DMA (Direct Market Access)
➡️Futures Trading
➡️Options Trading
➡️Investing Account
FXTM Average Fees
➡️FTSE 1004.5
➡️DAX 304.2
➡️DJIA2.4
➡️NASDAQ3.6
➡️S&P 5001.3
➡️EURUSD1.5
➡️GBPUSD1.5
➡️USDJPY1.4
➡️Gold2
➡️Crude Oil0.9
➡️UK Stocksna
➡️US Stocksna
Table last updated: 30th November 2021 1:07 pm

FXTM Customer Reviews

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77% of retail investor accounts lose money when trading CFDs with this provider
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