FXTM Fees and Spreads vary according to the account type that the trader is using. FXTM spreads on EUR, USD, AUD, NGN, ZAR, and CAD. FXTM offers brokers competitive pricing, typically zero spreads on FX majors, and as low as zero on gold on the most popular accounts.
FXTM Fees and Spreads Revealed - A Key Point Quick Overview
- ☑️Overview
- ☑️FXTM Fees and Spreads
- ☑️FXTM At a Glance
- ☑️FXTM Customer Reviews
- ☑️FXTM Customer Reviews
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- According to research in South Africa, ForexTime Limited (FXTM) was established in 2011 and is a global leader in online trading.
- It has become a well-known brand that brings opportunities to financial markets to international audiences, wherever they are, notwithstanding their economic ambitions.
- FXTM has a global network of offices and regulations in Europe, the Middle East, Africa, Asia, and Latin America, and more than two million clients in 150 countries have already started using its services.
FXTM Fees and Spreads
- FXTM’s fee structure is built around a flexible pricing model that allows traders to choose between tight spreads with commissions or wider spreads with no commission, depending on their trading style. Spreads start from as low as 0.0 pips on Advantage accounts, making them highly competitive for active traders, while commission-free accounts like Advantage Plus include all costs within the spread for simpler pricing.
Here’s a table for FXTM’s Fee Structure, Spread Types, and Commission Rates:
| 📌Fee Type | 🥇Details |
| 💳 Deposit Fees | No deposit fees for most payment methods (except for some withdrawal methods). |
| 💸 Withdrawal Fees | Withdrawal fees vary by method, with third-party fees potentially applying. |
| 🔄 Spreads | From 0.1 pips on the ECN account, and 1.3 pips on standard accounts. |
| 💵 Commissions | $2 per lot for ECN accounts, with commission-free options on other accounts. |
| 📝Sign up | 👉 Open Account |
Does FXTM charge trading commissions?
FXTM charges commissions on Advantage accounts (from $0.40–$2, depending on volume), while Advantage Plus and Micro accounts are commission-free but have wider spreads.
What are FXTM’s average spreads?
Spreads vary by account: Advantage accounts offer raw spreads from 0.0 pips, while Advantage Plus and Micro accounts have spreads starting from 1.5 pips.
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FXTM At a Glance
| 🔎Broker |  |
| Company Information | |
| 📅Year Founded | 2011 |
| 🧑🏻💻Amount of staff | 700+ |
| 👩💻Amount of active traders | Over 3 million |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | FCA, FSCA, FSC |
| 🌎Country of regulation | UK, South Africa, Mauritius |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | ICF (Investor Compensation Fund) |
| Account Types and Features | |
| 💳Institutional Accounts | Yes |
| 👨💼Managed Accounts | Yes (PAMM accounts) |
| 📇Minor account currencies | USD, EUR, GBP, AUD, ZAR |
| 💰Minimum Deposit | $200 / 3548 ZAR |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | 1-2 business days |
| 🪙Fund Withdrawal Fee | Varies by method |
| 📊Spreads from | 0.1 pips |
| 💸Commissions | From $4 per lot (on certain accounts) |
| 💱Number of base currencies supported | 7 |
| 🚀Swap Fees | Applicable |
| 📈Leverage | Up to 1:2000 |
| 📏Margin requirements | Varies based on leverage and asset |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | 0.01 seconds |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | 250+ |
| 🗠CFD Stock Indices | 11 |
| ⚖️CFD Commodities | 6 |
| 📜CFD Shares | 120+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit cards, Bank transfers, e-wallets (Skrill, Neteller, etc.) |
| 💵Withdrawal Options | Credit/Debit cards, Bank transfers, e-wallets (Skrill, Neteller, etc.) |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MT4, MT5, FXTM Trader App |
| 👩💻OS Compatibility | Windows, macOS, Android, iOS |
| 🖥️Forex trading tools | Trading signals, VPS, economic calendar |
| Customer Support | |
| 🗣️Live chat availability | Yes |
| 📱Customer Support email address | support@fxtm.com |
| 📞Customer Support Contact Number | +44 203 734 1071 |
| 👾Social media Platforms | Facebook, Twitter, Instagram, YouTube |
| 🗣️Languages supported on Website | 15+ |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Articles, tutorials, videos, webinars |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 3,000+ |
| 📋IB Program | Yes |
| 🪙Rebate program | Yes |
| 📝Sign up | 👉 Open Account |
FXTM Customer Reviews
- ForexTime has an overall attractive presence, which is proven by the feedback and rating given by many customer traders who applauded the business for having market-relevant spreads, speedy execution, and abundant educational resources.
- What many users find interesting about FXTM is that it offers various types of accounts that cater to different kinds of trades-or even beginners, as illustrated in user-friendly programs and demo account availability.
- However, issues have been raised by other traders, not least among them, excessive withdrawal fees and delays in processing funds at times.
| 🔍Aspect | 🔖Details |
| 🌟Overall Rating | 4.5/5 – Generally positive, with high marks for competitive spreads and platform reliability. |
| 👏Customer Satisfaction | Positive feedback for tailored account options and extensive educational resources for beginners. |
| 📞Customer Service | Responsive and multilingual support, though some users report occasional delays in issue resolution. |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | has a mixed rating on the platform. Some users praise their fast execution, competitive spreads, and diverse range of assets. However, others have raised concerns about high fees, confusing withdrawal processes, and inconsistent customer support. | ⭐⭐⭐⭐☆ |
 | Mixed feedback some users appreciate the platform's features, while others express concerns about withdrawal processes and customer support. | ⭐⭐⭐☆☆ |
 | Reviewers praise FXTM's user-friendly platform, competitive spreads, and reliable customer support. However, some reviewers have complained about issues with account verification, withdrawal delays, and limited market analysis tools. | ⭐⭐⭐⭐☆ |
 | Generally positive users highlight the platform's user-friendliness and educational resources. | ⭐⭐⭐⭐⭐ |
 | Reviewers praise FXTM for its user-friendly platform, competitive spreads, and reliable customer support. However, some reviewers have raised concerns about trading conditions, account management, and the quality of educational resources. | ⭐⭐⭐☆☆ |
 | Mixed reviews some users commend the responsive customer service, while others note issues with withdrawal processes. | ⭐⭐⭐☆☆ |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Deposit fees are not charged | Inactivity fee charged |
| High leverage ratio offered | Withdrawal fees are charged on a lot of payment methods |
| Low commissions on trades and only one account where they are charged | Withdrawal fees are high |
| Low minimum deposit requirements | |
| Tight and competitive spreads | |
| Variety of account types offered |
Conclusion
FXTM Fees and Spreads is a well-known and award-winning market maker/ECN broker that offers Forex, commodities, metals, stocks, and indices trading. On its two commission-free accounts, FXTM's trading fees are higher than usual, with spreads starting at 1.5 pips on the EUR/USD. In addition to its own FXTM Trading App and a wide range of trading tools, including a VPS hosting option, FXTM supports both the MT4 and MT5 platforms.
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Frequently Asked Questions
What spreads does FXTM offer?
FXTM offers variable spreads depending on the account type, starting from as low as 0.0 pips on Advantage accounts and around 1.5 pips on commission-free accounts. Spreads fluctuate based on market conditions and liquidity.
Does FXTM charge commissions on trades?
Yes, FXTM charges commissions on certain accounts, like the Advantage account, typically ranging from $0.80 to $4 per lot or around $3.5 per side. However, commission-free accounts are also available with slightly wider spreads.
What is the difference between spread-only and commission accounts?
Spread-only accounts include all trading costs within the spread, making pricing simpler. Commission accounts offer tighter spreads but charge a separate fee per trade, often resulting in lower overall costs for high-volume or professional traders.
Are FXTM spreads fixed or variable?
FXTM uses variable (floating) spreads, meaning they change depending on market volatility, liquidity, and trading sessions. During high-impact news events or low liquidity periods, spreads may widen significantly compared to normal conditions.
Does FXTM charge overnight (swap) fees?
Yes, FXTM charges swap fees for positions held overnight. These fees can be positive or negative depending on interest rate differences between currencies, and they are updated daily based on market conditions.
Are there any deposit or withdrawal fees at FXTM?
FXTM generally does not charge deposit fees, but withdrawal fees may apply depending on the payment method used. Some payment options offer zero withdrawal fees, while others may include third-party processing costs.
Does FXTM charge inactivity fees?
Yes, FXTM charges an inactivity fee if your account remains unused for six months. The fee is typically around $5 per month, which continues until trading activity resumes or the account balance is depleted.
Are FXTM trading fees competitive?
FXTM offers competitive fees, particularly on its Advantage account with raw spreads and low commissions. However, commission-free accounts may have wider spreads, making overall costs slightly higher compared to some low-spread competitors.
Do FXTM fees vary by account type?
Yes, FXTM fees vary significantly depending on the account type. Some accounts offer zero spreads with commissions, while others provide no commission but wider spreads, allowing traders to choose a pricing model that suits their strategy.
Are there any hidden fees at FXTM?
FXTM maintains a transparent pricing structure with no hidden fees in its core trading costs. However, traders should consider additional costs like swaps, currency conversion fees, and withdrawal charges when calculating total trading expenses.
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