FXTM at a glance
FXTM (ForexTime) is a global forex and CFD broker launched in 2011, operating in Mauritius through Exinity Limited, an Investment Dealer regulated by the FSC of Mauritius, offering MT4, MT5 and its own app.
FXTM reports a founding year of 2011 and a head office in Ebene, Mauritius. It lists 4 regulators and 4 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for FXTM. The BrokerBazaar Intelligence Score is 81/100 (low risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
FXTM operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
FXTM states that it accepts clients from Mauritius, South Africa, Nigeria, Kenya. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Metals, Commodities, Indices, Stocks, Cryptocurrencies, Futures, ETFs, Crosses, CFDs. Platforms: MT4, MT5, FXTM App, WebTrader. Account types: Edge, Micro, Rewards Plus, Rewards, Advantage, Advantage Stocks, Demo.
Best-for tags assigned by our team: Forex, Beginners, High Leverage, Mobile Trading.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $30. Spreads start from 0.0 pips and commission is From $3.5 per lot (Advantage). Maximum leverage is 1:5000 (dynamic), subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit/Debit Cards, E-Wallets, Cryptocurrency, Local Payment Methods. Withdrawal methods: Bank Transfer, Credit/Debit Cards, E-Wallets, Cryptocurrency, Local Payment Methods.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: FSC Mauritius: Segregation of client funds expected under licence terms. Compensation: No central compensation scheme. CMA: Segregation of client funds required. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: compliance@fxtm.com. Phone: +44 20 3734 1025. Complaints for Exinity Limited should be submitted to the Compliance Department using the prescribed complaint form and emailed to compliance@fxtm.com. The complaint procedure provides for an electronic acknowledgement and reference number, followed by investigation and a written response explaining the decision and any remedial action. No fixed current acknowledgement or final-resolution period was verified from the current published policy.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Operating since 2011
- Strength: Current multi-jurisdiction regulatory structure
- Strength: Mauritius FSC Investment Dealer licence
- Strength: South African FSCA ODP licence
- Strength: Kenyan CMA non-dealing forex licence
- Strength: UAE CMA Category 5 promotion/introduction licence
- Strength: Minimum live deposit from $30
- Strength: Spreads from 0.0 pips on Advantage
- Strength: Leverage up to 1:5000 on applicable accounts
- Strength: MT4 and MT5
- Strength: FXTM proprietary trading app
- Strength: Large multi-asset product range
- Strength: Swap-free option available on applicable accounts
- Strength: Client funds segregated from company capital
- Limitation: Very high leverage is available on some accounts
- Limitation: Leverage varies significantly by account, jurisdiction and exposure
- Limitation: Advantage account combines raw spreads with commission
- Limitation: Zero spread does not mean zero trading cost
- Limitation: Regulatory protection depends on the entity under which the client is onboarded
- Limitation: Cyprus licence 185/12 has been withdrawn
- Limitation: UK Exinity UK operations have ceased
- Limitation: UAE CMA licence is for Promotion and Introduction, not ordinary dealing
- Limitation: External review scores are mixed
- Limitation: Trustpilot currently shows a 2.5/5 score
- Limitation: Forex Peace Army rating is 2.21/5
Who this broker suits, and who it does not
FXTM is most relevant to traders looking for: Forex, Beginners, High Leverage, Mobile Trading.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
FXTM change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for FXTM yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about FXTM
Data sources. Broker submission, the regulator registers linked above, FXTM / Exinity official regulation disclosures (FSC Mauritius Investment Dealer C113012295), web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 2.6/5; WikiFX 5.95/10; Forex Peace Army 2.21/5; Google Play Store 3.7/5; Apple App Store 3.9/5; Compare Forex Brokers (Editorial Rating) 65.4/100; BrokerChooser (Editorial Rating) 4/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with FXTM. How we make money. Trading leveraged products carries a high risk of loss.