The lowest FXTM Minimum Deposit is $200, which is equivalent to 3631 ZAR. This type of minimum deposit is very low when compared to other forex broker minimum deposits. Deposit transfers should be processed within 3-5 business days from the date the funds were sent.
Min Deposit
USD 200
Regulators
FCA, FSC, FSCA
Trading Platform
MT4, MT5, FXTM Trader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FXTM Minimum Deposit Revealed – A Key 8-Point Overview
- ☑️FXTM at a Glance
- ☑️FXTM Minimum Deposit
- ☑️FXTM Deposit fees and deposit methods
- ☑️How to make a FXTM Minimum Deposit
- ☑️Pros and Cons
- ☑️Customers Reviews
- ☑️Conclusion
- ☑️Frequently Asked Questions
FXTM At a Glance
| 🔎Broker | 🥇FXTM |
| Company Information | |
| 🏢 Year Founded | 2011 |
| 👤 Current CEO | Nicholas Defteras |
| 🏗️ Founder/s | Andrey Dashin |
| 👥 Amount of staff | Over 800 globally |
| 👩💻 Amount of active traders | Over 2 million worldwide |
| 🌐 Publicly Traded (Listed Company) | No |
| 🌍 Global Offices | Cyprus, UK, South Africa, Mauritius |
| Regulation and Security | |
| 🛡️ Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius) |
| 🌎 Country of regulation | UK, Cyprus, South Africa, Mauritius |
| 🔒 Account Segregation | Yes |
| ⚖️ Negative balance protection | Yes |
| 🔑 Two-step Authentication | Yes |
| 🛡️ Investor Protection Schemes | ICF (Cyprus), FSCS (UK) |
| Account Types and Features | |
| 💼 Institutional Accounts | No |
| 🧑🤝🧑 Managed Accounts | Yes (PAMM Accounts) |
| 💱 Minor account currencies | EUR, GBP, USD, ZAR, NGN |
| 💵 Minimum Deposit | USD 200 / 3631 ZAR |
| 🕌 Islamic account (swap-free) | Yes |
| 🎓 Demo Account | Yes |
| Trading Conditions | |
| ⏲️ Average deposit/withdrawal processing time | Within 24 hours |
| 💸 Fund Withdrawal Fee | No fee for most methods |
| 📉 Spreads from | 0.1 pips (ECN Account) |
| 💼 Commissions | From $4 per lot (on ECN Account) |
| 🔄 Number of base currencies supported | 5 |
| 💱 Swap Fees | Yes, but swap-free accounts available |
| 💪 Leverage | Up to 1:2000 (varies by account type) |
| 📊 Margin requirements | Varies by asset and leverage |
| ⚡ Order Execution Time | 0.1 second |
| 🖥️ VPS Hosting | Available for free on deposit |
| 🔄 One-Click Trading | Yes |
| Trading Instruments | |
| 📊 CFDs-Total Offered | 250+ |
| 📈 CFD Stock Indices | 11 |
| 💹 CFD Commodities | 3 |
| 📉 CFD Shares | 180+ |
| 📈 Trading Stocks with GP | Yes |
| 📈 Trading Indices with GP | Yes |
| 💼 Swap on the trading board | Yes |
| 📝 Watch list | Yes |
| 📢 Trade Alerts | Yes |
| Deposits and Withdrawals | |
| 💳 Deposit Options | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller, etc.) |
| 💸 Withdrawal Options | Same as deposit methods |
| 🎁 Welcome Bonus | Available (up to 30% bonus for new accounts) |
| Trading Platforms/Tools | |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader |
| ⚠️ Stop-loss Instrument | Yes |
| 💻 OS Compatibility | Windows, macOS, Android, iOS |
| ⚙️ Forex trading tools | Yes (Economic calendar, calculators, etc.) |
| 🤖 Expert Advisors | Yes |
| Customer Support | |
| 💬 Live chat availability | Yes |
| 📧 Customer Support Email address | support@fxtm.com |
| 📞 Customer Support Contact Number | +44 203 734 1035 |
| 🌐 Languages supported on FXTM Website | 15+ including English, French, Spanish, Arabic |
| Educational Resources and Support | |
| 🎓 Beginners Trader friendly UX | Yes |
| 📚 Forex course | Yes |
| 🎥 Webinars | Yes |
| 📖 Educational Resources | Yes (Videos, eBooks, articles) |
| Partnerships and Programs | |
| 🤝 Affiliate program? | Yes |
| 👥 Amount of partners | 1,000+ |
| 👥 IB Program | Yes |
| 🏎️ Do they sponsor any notable events or teams? | Yes, former F1 partnerships |
| 💸 Rebate program | Yes |
| 🌐 Community Forum | Yes |
| Social Media | |
| 🌍 Official Website address | Yes |
| 📘 Official Facebook Page | Yes |
| 🐦 Official Twitter Page | Yes |
| 📺 Official Youtube Channel | Yes |
| 💼 Official Linkedin Page | Yes |
| 📷 Official Instagram Page | Yes |
| South African Traders | |
| 🇿🇦 Accept South Africa Traders? | Yes |
| 🇿🇦 Is FXTM regulated by the South Africa regulatory body (FSCA)? | Yes |
| 🇿🇦 Does FXTM offer an Affiliate Program for South African Traders? | Yes |
| 🇿🇦 Does FXTM allow accounts to be opened in ZAR / Rands? | Yes |
| 🚀Sign up | Open Account |
FXTM Minimum Deposit
FXTM charges a minimum deposit amount of $200
This minimum deposit requirement applies when traders register for the Cent account. The minimum deposit is equal to 3631 ZAR at the current exchange rate between the US Dollar and the South African Rand, at the time of writing.
Traders can expect various minimum deposit requirements spread across the various account types that FXTM offers, these are as follows:
Traders must acknowledge that accounts in NGN can only be opened by traders residing in Nigeria.
One of the advantages that FXTM has, as a well-regulated broker, is that the regulatory entities overseeing the broker’s activities require client funds to be kept separate from the broker account. These funds are not allowed to be used for operational purposes and can only be used for trading activities.
FXTM Deposit fees and deposit methods
FXTM offers traders a wide range of payment methods that can be used to make deposits into the trading account, these include:
💳 Bank Wire Transfer
💳 Local Transfers
💳 Credit/Debit Cards
💳 Neteller
💳 Skrill, and more
FXTM does not waive any deposit fees and traders also have a variety of deposit currencies that they can choose from, including:
| 💰 USD |
| 💰 EUR |
| 💰 GBP |
| 💰 IDR |
| 💰 MYR |
| 💰 NGN |
| 💰 ZAR, and more |
However, traders must note that even though there is a variety of deposit currencies, these are tied to certain payment methods.
How to make a FXTM Minimum Deposit
To make the minimum deposit, traders can follow these steps:
Step 1: Log into the FXTM homepage.
Once registered log into your FXTM trading account.
Step 2: Make a Deposit
Traders can then click on ‘Deposit’ and select the trading account into which they wish to pay the minimum deposit amount and complete the necessary fields.
Traders can open the Deposit page once they are logged into ‘MyFXTM’ by navigating to the ‘My Money Section’.
Step 3: Complete the Account Application
Traders can confirm the deposit details by filling out the Account Application form with their personal and banking information for depositing the minimum amount.
Min Deposit USD 200 Regulators FCA, FSC, FSCA Trading Platform MT4, MT5, FXTM Trader Crypto No Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Customer Reviews
🥇Excellent Educational Resources
FXTM’s platform is user-friendly, and its educational resources are excellent. Their spreads are competitive, especially for those with larger account balances. However, their customer support could be more proactive. Reviewed: John Doe
🥈Happy Customer
FXTM offers a wide range of assets with competitive spreads, from forex to cryptocurrencies. Their support is responsive, and education materials are helpful. Reviewed: Maria Ramirez
🥉Great Choice
FXTM is a well-regulated broker with a diverse range of assets. Their spreads are competitive, and their educational materials are comprehensive. Reviewed: Lee Kim
Pros and Cons
| ✅ Pros | ❌ Cons |
| Deposit fees are not charged | NGN accounts can only be opened by Nigerian residents. |
| Variety of flexible payment methods offered | |
| Variety of deposit currencies supported |
You might also like: FXTM Review
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You might also like: FXTM Demo Account – Step-by-Step
You might also like: FXTM Fees and Spreads
You might also like: FXTM Sign up Bonus
Conclusion
FXTM Minimum Deposit is an award-winning broker for a good reason. Whatever a client’s financial interests, they can provide trading solutions to suit. FXTM offers the widest selection of instruments, platforms, account types, and resources to make the trading experience as convenient and efficient as possible, with an overall minimum deposit of USD 200 / 3631 ZAR and instant processing time.
FXTM is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority (FCA), and their customer support gives fast and relevant answers.
Frequently Asked Questions
What is the minimum deposit for FXTM?
$200 Minimum deposit on the Cent account.
How do I make a deposit and withdrawal with FXTM?
- Bank Wire Transfer
- Local Transfers
- Credit/Debit Cards
- Neteller
- Skrill, and more
Does FXTM charge withdrawal fees?
Yes. FXTM charges the following withdrawal fees:
- Fasapay – 0.5%
- African Local Solutions – 1 USD
- Brazilian Local Transfer – 1.5%
- South East Asia Online Banking – 1.4%
- Latin American Solutions (Mexico) – 1% + 1 EUR
- Nganluong – 1.1% + 0.05 USD
- Credit/Debit Cards – 2 GBP, 3 USD, and/or 2 EUR.
- WebMoney – 2%
- Yandex Money and QIWI Wallet – 1.5%
- Perfect Money – 0.5%
- Konnexone – 2%
- Bank Wire Transfer – 30 EUR
How long does it take to make a withdrawal?
This will depend on the method through which withdrawals are made along with the process involved and it can take between one and several business days.
How fast is FXTM withdrawal?
FXTM within 24 business hours
Does FXTM have an activity fee?
A fee of 10 EUR/USD/GBP or the NGN equivalent per account per month will be charged from a trading account or internal wallet, depending on the Trading Account currency.
Does FXTM have negative balance protection?
The Company ensures that losses will not exceed the total available funds per Client’s trading account(s) (negative balance protection).
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