FXTM (ForexTime) review: the verdict.
Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.
I trade standard lots of EUR/USD a month.
Who licenses FXTM (ForexTime).
Licences as FXTM (ForexTime) lists them. A tick means we found the entity on the regulator's own register.
| Regulator | Tier | Entity | Licence no. | On register |
|---|---|---|---|---|
| FSC-MU | OFFSHORE | Exinity Limited | C113012295 | Not yet checked |
| FSCA | TIER 2 | Exinity Limited | FSP 50320 | Not yet checked |
| SCA (UAE CMA) | TIER 2 | Exinity Global Financial Services L.L.C. | 20200000270 | Not yet checked |
| CMA-KE | TIER 3 | Exinity Capital East Africa Ltd | 135 | Not yet checked |
Published EUR/USD costs.
| Account | Spread | Commission | Cost / lot |
|---|---|---|---|
| Micro from | 1.7 pip | $0 | $17.00 |
| Rewards Plus from | 1.5 pip | $0 | $15.00 |
| Rewards from | 0.9 pip | $0 | $9.00 |
| Advantage from | 0 pip | $7 | $7.00 |
Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.
The fine print.
Traded with FXTM (ForexTime)? Prove it.
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Outside rating used for now: Trustpilot 2.5 from 1,110 reviews.
- website: www.fxtm.com/en/trading/accounts/
- accounts: www.fxtm.com/en/trading/accounts/
- platforms: www.fxtm.com/en/
- regulators: www.fxtm.com/en/trading/accounts/
- trustpilot: www.trustpilot.com/review/fxtm.com
- max leverage: www.fxtm.com/en/trading/accounts/
- islamic account: www.fxtm.com/en/trading/accounts/
- min deposit usd: www.fxtm.com/en/trading/accounts/
- restricted countries note: www.fxtm.com/en/trading/accounts/
Research notes: IMPORTANT for India-focused site: Exinity Limited lists INDIA as a restricted country. forextime.com now redirects to fxtm.com. Spreads are account-level 'from' figures, not EUR/USD-specific. Advantage commission $3.5 per side = $7 RT (forex). Max leverage 1:5000 floating (Rewards/Rewards Plus); Advantage 1:3000; Micro 1:1000. Min deposit $30 = Micro account. Islamic = swap-free available on Rewards Plus, Rewards and Advantage. UAE entity is Category 5 (promotion/introduction) under the UAE Capital Market Authority (formerly SCA). Copy trading not mentioned on pages opened. Payments page returned client error. Trustpilot: forextime.com page failed to load; figures are from trustpilot.com/review/fxtm.com - confirm it is the main FXTM profile.
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