FXTM Review
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
3.1FXTM Alternatives
| Forex Broker | Forex Pairs | Minimum Deposit | GMG Rating | More Info | Risk Warning |
|---|---|---|---|---|---|
 | 182 | £100 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider | |
 | 100 | £1 | See Platform | 75.3% of retail investor accounts lose money when trading CFDs with this provider | |
 | 51 | £250 | See Platform | 70% of retail investor accounts lose money when trading CFDs and spread bets with this provider. | |
 | 60 | £1 | See Platform | 64% of retail investor accounts lose money when trading CFDs with this provider | |
 | 84 | £1 | See Platform | 65% of retail investor accounts lose money when trading CFDs with this provider | |
 | 100 | £1 | See Platform | 62.5% of retail investor accounts lose money when trading CFDs with this provider | |
 | 338 | £1 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider | |
 | 41 | $10 | See Platform | 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money | |
 | 80 | £1 | See Platform | 69% of retail investor accounts lose money when trading CFDs with this provider. | |
 | 57 | £1 | See Platform | 76% of retail investor accounts lose money when trading CFDs with this provider |
FXTM Facts & Figures
FXTM Total Markets | 200+ |
| ➡️Forex Pairs | 61 |
| ➡️Commodities | 3 |
| ➡️Indices | 11 |
| ➡️UK Stocks | 0 |
| ➡️US Stocks | 119 |
| ➡️ETFs | 0 |
FXTM Key Info | |
| 👉Number Active Clients | Not available |
| 💰Minimum Deposit | $50 |
| ❔Inactivity Fee | $5 per month |
| 📅Founded | 2011 |
| 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 100 | 4.5 |
| ➡️DAX 30 | 4.2 |
| ➡️DJIA | 2.4 |
| ➡️NASDAQ | 3.6 |
| ➡️S&P 500 | 1.3 |
| ➡️EURUSD | 1.5 |
| ➡️GBPUSD | 1.5 |
| ➡️USDJPY | 1.4 |
| ➡️Gold | 2 |
| ➡️Crude Oil | 0.9 |
| ➡️UK Stocks | na |
| ➡️US Stocks | na |
FXTM Customer Reviews
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Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
