Broker review
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FXTM Overview for United Kingdom
FXTM (ForexTime) was founded in 2011 and is headquartered in Cyprus. The broker has grown into a global brand, serving retail and institutional clients with a range of trading instruments. It provides access to the MetaTrader 4 and MetaTrader 5 platforms, and offers several account types to cater to different trading styles and experience levels.
FXTM emphasizes transparency and client fund security, stating that client funds are segregated. The broker also boasts a quick withdrawal process, with many withdrawals processed within 24 hours and often in as little as 30 minutes. With over 1,000 Trustpilot reviews, it has a visible public track record.
| Detail | Information |
|---|
| Founded | 2011 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,FSCA,FSC |
| Min Deposit | $50 |
| Max Leverage | 5000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Available |
| Demo Account | Available |
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Regulation & Safety — Is FXTM Safe for United Kingdom?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for United Kingdom traders
Always verify FXTM's regulation at the official regulator website before depositing.
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Spreads & Trading Costs 2026
Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 1.50 pips | $0 | 1.50 pips | 1.50 pips |
| XAU/USD | 0.50 pips | $0 | 0.50 pips | 0.50 pips |
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Account Types for United Kingdom Traders
Standard Account
No Commission
Min Deposit$50
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | Yes |
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Deposits & Withdrawals — United Kingdom Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantUnited Kingdom deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
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Islamic Account — United Kingdom Muslim Traders
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
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Instruments & Markets in United Kingdom
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 1.50 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.50 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03-$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for United Kingdom traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among United Kingdom traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for United Kingdom traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — United Kingdom Review
Support verdict for United Kingdom
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
Trust, comparison and news
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FXTM vs Competitors in United Kingdom
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FXTM (current) | $50 | 1.50 pips | Yes | No | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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Security & Fund Protection — FXTM
Yes
Segregated Funds
Client funds held separately from company funds
Yes
Negative Balance Protection
You cannot lose more than you deposit
Yes
Top-tier Regulation
FCA, ASIC, or equivalent oversight
Fund safety verdict for United Kingdom traders
FXTM segregates all client funds and is regulated by top-tier authorities.
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FXTM User Reviews & Ratings
CompareBroker Expert Rating
3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified
What traders love
+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support
Common complaints
- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
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FXTM Latest News & Updates 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for United Kingdom traders.
New instruments added for United Kingdom traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FXTM Worth It for United Kingdom Traders?
3.7/5
★★★★★
In summary, FXTM is a reliable and well-regulated broker that offers a solid trading environment for both new and experienced traders. Its low minimum deposit, fast withdrawals, and choice of MT4/5 platforms are key positives. However, the extremely high leverage option is a double-edged sword, and traders should exercise caution. Overall, FXTM is a legitimate choice for those seeking a global broker with strong regulatory credentials.
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FAQ — FXTM for United Kingdom Traders
What is the minimum deposit for FXTM?
+What trading platforms does FXTM offer?
+Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated October 2026.