FXTM Review
ForexTime - Offshore Broker Since 2011
FXTM (ForexTime), operated by Exinity Limited, is an offshore forex broker known for its copy trading platform "FXTM Invest" and high leverage options. Regulated by FSC Mauritius and FSCA South Africa (no longer FCA/CySEC), it offers Turkish traders local support and payment methods but with reduced regulatory protection.
Quick Stats
FXTM is no longer FCA/CySEC regulated — now licensed only by FSC Mauritius and FSCA South Africa. CFDs are complex instruments. High leverage can work against you.
⚡Quick Facts
FXTM Bonuses & Promotions
Take advantage of these exclusive offers to maximize your trading potential
Welcome Bonus
New clients can claim up to $500 welcome bonus using promo code HELLOFXTM. Terms and conditions apply.
- •Use code: HELLOFXTM
- •New accounts only
- •Standard trading requirements apply
30% Deposit Bonus
Get 30% bonus on each deposit, up to $200 per deposit. Applicable on Standard and Cent accounts.
- •30% of deposit amount
- •Max $200 per deposit
- •Available on multiple deposits
Loyalty Program
Earn loyalty points for every trade you make. Redeem points for cash bonuses and trading benefits.
- •Earn points per lot traded
- •Redeem for cash or benefits
- •Tier-based rewards
* Bonuses are subject to terms and conditions. Trading bonus funds involves risk. Please read full terms before participating.
How to Open a FXTM Account
Get started with FXTM in minutes. Follow these simple steps to begin trading.
Visit FXTM Website
Go to the official FXTM website
Register Account
Fill in your personal details and verify email
Complete KYC Verification
Upload ID and proof of address
Fund Your Account
Deposit minimum $200 via card, bank, or e-wallet
Start Trading or Copy Trading
Trade manually or use FXTM Invest to copy traders
Pros & Cons
Advantages
- FXTM Invest copy trading platform
- High leverage up to 1:3000
- Turkish language support
- Multiple account types
- Free educational resources
- Negative balance protection
- Local payment methods supported
Disadvantages
- ✕No longer FCA/CySEC regulated — only FSC Mauritius & FSCA
- ✕US clients NOT accepted
- ✕Lower Trustpilot rating (3.5/5)
- ✕Withdrawal fees on some methods
- ✕Spreads not the tightest
- ✕Limited cryptocurrency options
- ✕Higher minimum deposit requirement ($200 for all accounts)
Despite the limitations above, FXTM remains a top choice — verified by thousands of real trader reviews and consistent trading conditions.
Takes 2 minutes · No hidden fees
Ready to trade with FXTM?
$200 min deposit · 1:3000 leverage
Account Types
Edge
Advantage
Advantage Plus
Detailed Ratings
High leverage (up to 1:3000), multiple account types
MT4/MT5 plus FXTM Invest copy trading
Multilingual support available
Multiple methods, some withdrawal fees
No longer FCA/CySEC — now FSC Mauritius & FSCA only
Deposit & Withdrawal Methods
| Method | Deposit Time | Withdrawal Time | Fee |
|---|---|---|---|
Credit/Debit CardRecommended | Instant | 1-5 days | Free |
Bank Wire | 3-5 days | 3-5 days | $30+ |
SkrillRecommended | Instant | 24 hours | Free |
Neteller | Instant | 24 hours | Free |
Local Bank Transfer | 1-3 days | 1-3 days | Varies |
FXTM vs Competitors
See how FXTM compares to other popular brokers
| Feature | |  |  |
|---|---|---|---|
| Minimum Deposit | $200 | $10 | $5 |
| Maximum Leverage | 1:3000 | 1:2000 | 1:2000 |
| Spreads From | 1.2 pips | 0.3 pips | 1.2 pips |
| Regulation | FSC, FSCA | FCA, CySEC | CySEC, FCA |
| Key Feature | FXTM Invest Copy | Instant Withdrawals | HFcopy |
| Copy Trading | FXTM Invest | ✗ | HFcopy |
| Account Types | 3 types + Stocks | 5 types | 5 types |
| US Clients | ✗ | ✗ | ✗ |
| Open Account | Open Account | Exness Review | HFM Review |
Community Feedback
Based on 800+ Trustpilot reviews
Common Praise
- +Good copy trading feature
- +Helpful Turkish support
- +Educational content praised
- +Multiple account options
- +High leverage available
Common Concerns
- -Some withdrawal delays
- -Spreads wider than competitors
- -Platform stability issues reported
Frequently Asked Questions
FXTM (operated by Exinity Limited) is regulated by the Financial Services Commission (FSC) of Mauritius and the Financial Sector Conduct Authority (FSCA) of South Africa. Note: FXTM previously held FCA (UK) and CySEC (Cyprus) licenses but these are no longer active. The current regulators are considered lower-tier, meaning less investor protection compared to FCA/CySEC-regulated brokers.
Looking for a US-Friendly Alternative?
FXTM doesn't accept US clients.
Hankotrade is our #1 pick for US traders — zero spreads, $10 min deposit, crypto deposits.
Write a Review for FXTM
Open Your FXTM Account Today
Start trading with $200 minimum deposit.
Takes 2 minutes · No hidden fees · Crypto deposits accepted
FXTM is no longer FCA/CySEC regulated — now licensed only by FSC Mauritius and FSCA South Africa. CFDs are complex instruments. High leverage can work against you.
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