Broker Review · last checked July 2, 2026
FXTM Review
FXTM is the trading brand of Exinity Limited. Public sources show Mauritius FSC oversight and FSCA authorisation for Exinity Limited, plus client-facing rules on verification, withdrawals, platform access, and country restrictions. This review focuses on what the broker’s own sources confirm and what readers should verify before opening an account.
- Official broker and policy pages checked
- Regulation details cross-checked against broker disclosures
- Funding, platform, and withdrawal rules reviewed from primary sources
FXTM at a glance
Listing status: Eligible With Caution · regulated, fca, low minimum deposit, mt4
Our verdict
FXTM looks like a legitimate, active broker brand with clear official disclosures on licensing, verification, and account-funding rules. The main caveat is that the exact protections, product access, and availability depend on the legal entity and your country of residence. Before depositing, confirm which FXTM entity will onboard you, what investor protections apply, and whether your location is permitted. That is especially important because FXTM says some countries, including the USA and the UK, are not served by Exinity Limited.
Pros and cons
- official licensing disclosures are easy to find
- MT4 and MT5 support is listed
- FXTM publishes withdrawal and verification rules
- the broker explains country restrictions directly
- public pages do not present a simple universal answer on minimum deposit because it depends on account type and payment method
- withdrawal fees may apply in some cases
- the legal entity structure means protection and availability are not identical everywhere
Entity and regulation snapshot
| Item | Public information | Why it matters |
|---|---|---|
| Brand | FXTM | This is the consumer-facing trading brand used on the broker’s website. |
| Legal entity | Exinity Limited | This is the entity identified on FXTM’s licensing and terms pages. |
| Mauritius oversight | Regulated by the FSC of Mauritius; Investment Dealer Licence C113012295 | This is the main regulatory claim on FXTM’s official licensing page. |
| South Africa authorisation | Licensed by the FSCA of South Africa; FSP No. 50320 | This may matter for onboarding, compliance, and client jurisdiction checks. |
| Cyprus entity | Exinity Works (CY) Ltd described as non-regulated and not engaging in regulated financial activity | This helps readers avoid assuming every FXTM-related company has the same permissions. |
| Country restrictions | FXTM says Exinity Limited does not provide services to residents of several countries, including the USA and UK | Availability is not global and should be checked before sign-up. |
Regulatory status should be confirmed on the broker’s own official pages and, where relevant, on the regulator’s register before opening an account.
Key facts
| Topic | What FXTM’s official pages say |
|---|---|
| Founded / brand longevity | FXTM says it has been trusted since 2011. |
| Platforms | MetaTrader 4, MetaTrader 5, and FXTM’s mobile app are listed. |
| Minimum deposit | FXTM says the requirement varies by account type and payment method; one page says $200 can get you started on Advantage or Advantage Plus accounts. |
| Withdrawal timing | FXTM says funds are released within 24 business hours of a withdrawal request. |
| Withdrawal fees | A fee may depend on the payment method; FXTM also says a 3% fee can apply if no trade has been placed since the last deposit. |
| Verification | FXTM says identity and proof of residence are required before deposits and full account functionality. |
| Country availability | FXTM says service availability depends on country of residence and lists multiple restricted jurisdictions. |
These are official disclosures, not guarantees of execution quality, spreads, or trading outcomes.
Alternatives to FXTM
| 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.
Overview
FXTM is a long-running online trading brand tied to Exinity Limited. The broker’s public pages say Exinity Limited is regulated by the Financial Services Commission of Mauritius and licensed by the Financial Sector Conduct Authority of South Africa, while another FXTM entity in Cyprus is described as non-regulated and not engaged in regulated financial activity. FXTM also states that clients must complete verification before depositing, and that withdrawals follow closed-loop rules and may trigger a fee in some cases. For readers comparing brokers, the most important question is not only whether FXTM is regulated, but which legal entity and country restrictions apply to the account you would actually open.
Safety and regulation
FXTM’s website says the brand is tied to Exinity Limited, which is regulated by the FSC of Mauritius under investment dealer licence number C113012295 and licensed by the FSCA of South Africa with FSP No. 50320. The same official page also states that Exinity Works (CY) Ltd does not engage in regulated financial or investment activities. FXTM further says it is the client’s responsibility to confirm whether the services are permitted in the country of residence, and it lists regional restrictions for Exinity Limited, including the USA and the UK. Public warnings from regulators should also be checked before any application if you are comparing brand names or operating entities, because names and jurisdictions can be confusing in forex research.
Fees, accounts, and platforms
FXTM says minimum deposit requirements vary by account type, payment method, and margin requirements. One FXTM help page says traders can start on real markets with a deposit of $200 on Advantage or Advantage Plus accounts, but that is not presented as a universal minimum for every account or payment route. FXTM also lists MetaTrader 4, MetaTrader 5, and its own mobile trading app, with browser, desktop, and mobile access. On fees, FXTM says a withdrawal fee can depend on the payment method and that a 3% fee applies when no trade has been placed since the last deposit. Separate FAQ material also mentions a small $3 transaction fee for deposits or withdrawals below $30 or equivalent in some cases.
Deposits and withdrawals
FXTM requires account verification before deposits are allowed. Its public help pages describe a closed-loop or same-method-out approach: withdrawals should generally go back to the original funding source before alternative verified methods are used. FXTM also says funds are usually released within 24 business hours after a withdrawal request, though arrival time still depends on the payment method. These are the kinds of operational rules readers should check carefully, because funding friction is one of the most common reasons new traders experience delays.
Common questions
Is FXTM safe?
FXTM appears to be a real broker brand with official licensing disclosures, but “safe” is not something a broker page can guarantee. The practical question is whether the legal entity that onboards you is regulated in a jurisdiction that fits your needs, and whether you understand the product and withdrawal rules before depositing.
What is FXTM regulated by?
FXTM’s official licensing page says Exinity Limited is regulated by the Financial Services Commission of Mauritius and licensed by the Financial Sector Conduct Authority of South Africa. Readers should verify the exact entity and register entry before opening an account.
What is the FXTM minimum deposit?
FXTM does not present one universal minimum deposit for all accounts. Its help content says the amount depends on account type, payment method, and margin requirements, and one page says you can start with $200 on Advantage or Advantage Plus accounts.
Which platforms does FXTM support?
FXTM’s platform page lists MetaTrader 4, MetaTrader 5, and its own FXTM mobile trading app. The site also presents access across mobile, desktop, and browser-based use.
How do FXTM withdrawals work?
FXTM says withdrawals generally follow a closed-loop or same-method-out principle, meaning funds usually go back to the original deposit method first. FXTM also says verification is required and that release times are typically within 24 business hours, depending on the payment method.
Does FXTM charge fees?
FXTM says fees can vary by payment method. The broker also says a 3% withdrawal fee can apply when no trade has been placed since the last deposit, and its FAQ mentions a $3 transaction fee for deposits or withdrawals below $30 or equivalent in some cases.
Can traders in the US open an FXTM account?
FXTM’s official licensing page says Exinity Limited does not provide services to residents of the USA. Readers in the US should not assume availability and should look for a broker that explicitly serves their jurisdiction.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.