FXTM Review 2027Core Trading Conditions and Fees

FXTM review 2027: an emerging-markets broker after restructuring

FXTM, short for ForexTime, was founded in 2011 by Andrey Dashin and is part of the Exinity group. It grew quickly by focusing on Africa and Asia, with local offices, local payment methods and education in local languages, and it reports more than two million clients. In recent years the group has reshaped its business, stepping back from continental Europe and concentrating on its international entities. This review describes the broker as it operates for 2027.

Regulation

The main international entity, Exinity Limited, is regulated by the Financial Services Commission of Mauritius. Other group companies are licensed by the Capital Markets Authority of Kenya and by regulators in the United Arab Emirates, and Exinity UK is authorised by the Financial Conduct Authority for a narrower client base. Most retail clients are onboarded in Mauritius or Kenya. Those entities offer segregated accounts, but no statutory compensation scheme, and protections differ from those under UK rules.

Accounts

FXTM has simplified its range around the Advantage series. The Advantage account quotes spreads from 0.0 pips and charges a commission that falls with volume, typically a few dollars per lot per side. Advantage Plus has no commission and spreads from about 1.5 pips. Both use market execution. The minimum deposit is $200 in most regions, with lower entry points and a naira-denominated account available in Nigeria. Swap-free options are offered.

Leverage

Leverage for international clients can reach 1:3000 on small positions in major pairs and decreases as notional exposure rises. That is among the highest available anywhere. It allows very small accounts to hold large positions and means that small adverse moves can end them. UK retail clients are limited to 1:30.

Platforms

Trading is offered on MetaTrader 4 and MetaTrader 5 and through the FXTM Trader mobile app. There is no cTrader or proprietary desktop platform. FXTM adds trading signals and a pivot-point tool, and its execution is generally quick. The broker's own copy trading service, FXTM Invest, was discontinued in 2024.

Markets

The product range is modest: around 60 currency pairs, spot metals, CFDs on indices and commodities, share CFDs and, in some entities, real US shares. Traders who want a large multi-asset catalogue will find it limited.

Education and local presence

Education is a real strength. FXTM runs seminars, workshops and webinars in the countries where it is active, and its online material is well structured for beginners. Local support teams and payment options in markets such as Nigeria and Kenya make it more convenient than many international competitors.

Fees

Deposits are generally free. Some withdrawal methods carry a fee, and an inactivity charge of $5 per month applies after six months without trading. Withdrawals by e-wallet are usually quick.

Pros and cons

• Advantage account: raw spreads with low volume-based commission.
• Education: strong seminars and learning content.
• Local service: offices and payments in African and Asian markets.
• Regulation: most clients are with Mauritius or Kenya entities.
• Minimum deposit: $200 is higher than many rivals.
• Range and tools: limited instruments and no copy trading.

Execution and support

Orders on both account types are filled at market without requotes, and scalping, hedging and expert advisors are permitted. Customer support is available on trading days by live chat, phone and messaging apps in more than a dozen languages. Verification is completed online and is usually approved within one business day.

Who is FXTM for?

FXTM suits traders in Africa and parts of Asia who value local support and a competitive ECN-style account. Traders in Europe or those seeking a broad product list should consider alternatives.

Verdict

FXTM remains a recognised name with good pricing on its Advantage account and excellent education. For 2027 its narrower regulatory footprint is the main thing to weigh. Use low leverage, and remember that most retail traders lose money.

FXTM review: compare the alternatives

This FXTM review is part of our Top 65 Forex Brokers in 2027 ranking. To compare, read the Axi review and the Vantage review.