FXTM medium popularity
💳 Deposit by cards, e-wallets, crypto, bank transfer. Withdrawals are usually smooth, though some delays are reported.
What traders say ★ 2.4 · 1,000+
I think at this point it's easier to say you guys are very much reliable and easy to work with,due to your mood of operation to your customers.
FXTM is a very good broker
It’s almost perfect just a little fixes and tweaks needed. Need More indexes; JPY, GBP and EUR indexes needed.
No surprises. Everything smooth. Only thing i can't comment on is withdrawals.
A trustworthy broker for Indian forex traders. There is no issue in depositing and withdrawal unlike so called broker's that are available in India.
I'm enjoying this Brooker BCOS of my relationship manager @christine.kanana ever since she became my manager she has b a wonderful person always there for me anytime I needed help and she will keep calling until der is…
Im very happy and proud I have supporting tim
Good job and very new
Great service and they reply so fast more than you can imagine . Everything is good about this broker I highly recommend
Bottom line
FXTM is a medium-popularity choice among traders worldwide, scoring 8.74/10 on our scale. Opening an account takes just a few minutes — start with the button above.
Strengths
- Tight raw spreads (from ~0.0-0.1 pips EUR/USD) and low commission ($3.5/lot) on the Advantage account, independently tested and confirmed by BrokerChooser (live-account test), not just marketing copy
- Non-dealing-desk/STP execution on Advantage accounts (orders routed to liquidity providers rather than an internal dealing desk), corroborated by BrokerChooser and secondary independent reviews — reduces (but does not eliminate, see weaknesses) conflict-of-interest concerns
- Long operating history since 2011 with a historically broad multi-jurisdiction regulatory footprint, repeatedly cited (WikiFX, ThaiBrokerForex, general reviews) as a baseline trust factor, notwithstanding the recent license retreat
Weaknesses
- Active regulatory retreat: CySEC (Cyprus/EU) license revoked May 2024; FCA (UK) license surrender announced April 2026 with FXTM stating the UK is 'no longer core growth focus.' Thai clients are onboarded under the Mauritius FSC entity (Exinity Limited) — an offshore/Tier-3 regulator, not the FCA/CySEC entities prominently featured in FXTM's global brand marketing (FinanceMagnates, WikiFX, TradersUnion all corroborate this trajectory)
- Withdrawal experience is inconsistent — a meaningful share of Trustpilot, ForexPeaceArmy, and Pantip/Thai reviewers report delays, extra-deposit demands, or disputed fees before funds are released, alongside other reports of normal fast processing; no settled single reputation (see withdrawalReputation)
- Customer support reported as largely bot/automated with limited human escalation — a recurring complaint theme across ThaiBrokerForex and Trustpilot threads
- Real-world all-in trading costs on non-ECN accounts (Advantage Plus and non-forex instruments) reported as above-market-average by independent Thai testers (ThaiBrokerForex), and spreads reported to widen roughly threefold during high-impact news events
- Multiple independent complaint threads (ForexPeaceArmy, Trustpilot) describe disputed swap/overnight charges, forced stop-outs, and account actions tied to bonus/promotion terms — recurring across 3+ independent sources, though individual disputes are not adjudicated so treat as a pattern of friction, not a proven fraud finding
🕐 Data updated: 2 Jul 2026 — each review shows its own "Data as of" date.