Broker Review · last checked July 2, 2026
Forextime (FXTM) Review
FXTM is an active trading brand with public licensing information, a published minimum initial deposit, and documented deposit/withdrawal rules. This review focuses on what can be verified now, where the main risks sit, and what traders should check before funding an account.
- Official broker pages reviewed
- Regulatory claims cross-checked where possible
- Funding and withdrawal rules checked on the broker site
- Third-party sentiment included as context, not proof of safety
FXTM (Forextime) at a glance
Listing status: Eligible With Caution · regulated, mt4, mt5, higher risk
Our verdict
FXTM presents itself as a regulated multi-entity broker, and its public site now states a minimum initial deposit of $200 along with detailed funding and withdrawal rules. The most important caveat is that availability depends on your country of residence and the specific legal entity that serves your account. For that reason, the safest way to evaluate FXTM is to confirm the exact entity, regulator, and funding terms shown during onboarding rather than relying on the brand name alone.
Who this broker suits
- Traders who want a broker with publicly stated regulatory entities to verify
- Users who prefer MT4/MT5 access
- Readers who value clearly published deposit/withdrawal rules before opening an account
- You want the strongest possible investor-compensation-style protections
- You do not want to verify the legal entity and client-country eligibility yourself
- You place heavy weight on public complaint sentiment
Entity and regulation table
| Entity / brand | What the official site states | Why it matters |
|---|---|---|
| FXTM / Exinity Limited | Regulated by the FSC of Mauritius; licensed by the FSCA of South Africa; license number and FSP number are listed on the official licensing page. | Shows the broker has publicly stated regulatory oversight, but the exact protections depend on the entity you contract with. |
| Exinity Works (CY) Ltd | Listed as a Cyprus-registered entity on the FXTM licensing page. | Indicates a separate legal entity may be involved in service delivery or support, so entity matching matters. |
| Client eligibility | FXTM says it is the client’s responsibility to confirm they are permitted to use the services in their country of residence. | Confirms country availability must be checked case by case rather than assumed. |
Always verify the legal entity shown in the account-opening flow, client agreement, and funding pages before depositing.
Key facts table
| Topic | Verified detail | Source basis |
|---|---|---|
| Minimum initial deposit | $200 | FXTM deposits and withdrawals page |
| Withdrawal rule | A 3% fee applies if no trade has been placed since the last deposit | FXTM withdrawal requirements page |
| Identity checks | Proof of identity and proof of residence are required for full account functionality | FXTM withdrawal requirements page |
| Funding process | Deposits and withdrawals are handled through MyFXTM and published payment options may change | FXTM deposit/withdrawal help pages and client terms |
| Platforms | Public pages in this research set confirm platform access/support references, but the exact live platform list should be checked during sign-up | FXTM help pages and search result context |
| Overall external sentiment | Mixed to weak public reviews, with Trustpilot at 2.5/5 and FPA at 2.219/5 | Trustpilot and Forex Peace Army |
Do not assume every account type, country, or entity receives the same terms.
Alternatives to FXTM (Forextime)
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | What it tells readers |
|---|---|---|---|
| Trustpilot | 2.5/5 | 5.0/10 | A large-volume customer review signal; useful for sentiment, not regulation. |
| Forex Peace Army | 2.219/5 | 4.4/10 | Community sentiment snapshot; useful for complaints context, not proof of wrongdoing. |
Ratings can be helpful for pattern recognition, but they do not confirm licensing, fund safety, or trade execution quality.
What kind of broker is FXTM?
FXTM is the trading brand used by Exinity-linked entities, with FXTM’s licensing page stating regulation under the Financial Services Commission of Mauritius and authorization by the Financial Sector Conduct Authority of South Africa for Exinity Limited, and a Cyprus-registered Exinity Works entity referenced on the same page. The public materials also emphasize that clients must confirm whether they are permitted to use the services based on the legal requirements in their country of residence.
Why this review is more conservative than marketing claims
Public broker pages can change quickly, especially on fees, payment methods, and eligible countries. This review therefore treats broker claims as useful but not final: it prioritizes official pages, then checks whether the practical details on deposits, withdrawals, and licensing are clearly stated and consistent.
Safety and regulation: what can be verified
FXTM’s licensing page states that Exinity Limited is regulated by the FSC of Mauritius and licensed by the FSCA of South Africa, and it also lists Exinity Works (CY) Ltd as a Cyprus-registered entity. That supports the conclusion that FXTM is not a regulation-free offshore-only brand, but it does not mean every FXTM customer is onboarded under the same regulator, compensation regime, or account protections. Traders should identify the exact contracting entity before depositing money.
Fees, accounts, and platforms
FXTM’s public deposit page says the minimum initial deposit is $200. The broker’s help pages also say account types may differ by minimum deposit, spreads, commissions, instruments, and execution type. Publicly available pages in the materials reviewed here did not provide a single universal fee schedule for every account, so traders should inspect the live account summary and client agreement during sign-up for the exact pricing that applies to their entity and account type.
Deposits and withdrawals
FXTM says payment options are shown in the deposit section and that account funding and withdrawals are handled through MyFXTM. Its help pages state that clients must complete identity and proof-of-residence checks to access full account functionality, and one withdrawal rules page states a 3% fee applies if no trade has been placed since the last deposit. The broker also states that first withdrawals must follow a same-method-in, same-method-out process when possible, which is a practical point for card and wallet users to check before funding.
Country availability caveat
FXTM’s own licensing page says clients must ascertain whether they are permitted to use the services based on the legal requirements in their country of residence. That means availability cannot be assumed from the brand name, and it is especially important for readers in restricted or higher-risk jurisdictions to verify local rules before attempting to open an account.
External rating snapshot
Third-party review scores are not proof of regulation or safety, but they can show customer sentiment. Trustpilot currently shows FXTM at 2.5 out of 5, while Forex Peace Army lists FXTM at 2.219 out of 5. Normalized to a 10-point scale, those scores are about 5.0/10 and 4.4/10 respectively, which suggests mixed to weak public sentiment rather than a clear endorsement.
Alternatives to consider
If you want to compare FXTM with other brokers, focus on the exact entity, the regulator, the minimum deposit, and whether the funding methods and platform access match your needs. Suitable comparison candidates are other well-known regulated brokers with similarly transparent legal pages and published funding terms.
Common questions
Is Forextime the same as FXTM?
Yes. FXTM is the trading brand commonly associated with Forextime/ForexTime references in older and third-party review pages. When evaluating the broker, use the current legal entity and licensing page rather than the brand nickname alone.
Is FXTM safe?
No broker should be called fully safe. FXTM does show public licensing information, which is a positive sign, but traders still need to verify the exact entity, country eligibility, withdrawal rules, and account terms before depositing.
What is FXTM’s minimum deposit?
The official FXTM deposits and withdrawals page states that the minimum initial deposit is $200.
Which platforms does FXTM support?
Public FXTM materials reviewed here point to platform access and support documentation, but the exact live platform list should be checked on the broker’s current account-opening flow before you fund an account.
Does FXTM charge withdrawal fees?
FXTM publishes withdrawal rules that include a 3% fee if no trade has been placed since the last deposit. Other charges may also depend on the payment method and the current terms shown in MyFXTM.
Can traders in every country open an FXTM account?
No. FXTM says clients must confirm whether they are permitted to use the services based on the legal requirements in their country of residence.
Should I trust third-party review scores?
Use them as sentiment only. Review scores can highlight common complaints about withdrawals, fees, or support, but they do not prove regulation, execution quality, or fund safety.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.