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FXTM Review

Well regulated with strong local support
★★★★★★★★★★ 4.5 / 5
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Trading involves risk of loss
XAUUSD spread0.19
Min deposit$10
Max leverage1:1000
Founded2011
Rating4.5/5

Overview

FXTM (ForexTime, 2011) is a well-regulated broker with a strong footprint in Africa and Asia and a good reputation for local funding and education.

Pros

  • FCA, CySEC and FSCA regulation
  • Strong local support and education
  • Good copy-trading options
  • Reliable MT4/MT5 execution

Cons

  • Gold spreads are mid-range
  • Fees vary by account type
  • Not available to US clients

Gold (XAUUSD) trading conditions

XAUUSD typically trades from around 0.19 on advanced accounts, adequate for swing and position traders, with dedicated ECN pricing available on higher tiers.

Key facts

Regulation
FCA, CySEC, FSCA, FSC
Platforms
MetaTrader 4 and MetaTrader 5, plus the FXTM Trader app.
Account types
Micro, Advantage and Advantage Plus.
Deposits
Cards, e-wallets and local bank options, strong in emerging markets.

Verdict

A dependable, well-regulated broker with excellent local support. Best for traders in Africa and Asia who value service and regulation.

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Disclaimer: This review is editorial and for information only, not investment advice. The rating reflects our assessment of regulation, cost, execution and reputation. Spreads are indicative and can change. The link above may be a partner link. Trading forex and gold on leverage carries a high risk of losing money; always confirm the broker accepts your country and check your local regulator first.