FXTM
CySEC-regulated forex broker with cent accounts
Platform Overview
FXTM (ForexTime) is a Cyprus-based forex and CFD broker regulated by CySEC, FCA, and FSCA. Founded in 2011, it offers micro and cent accounts with low minimum deposits, making it accessible to beginner traders.
Company Information
- Registered Company Name
- Forextime Ltd
- Brand Name
- FXTM
- Headquarters
- Cyprus
- Year Established
- 2011
- Parent Company
- Exinity Group
- Publicly Listed
- No
Percentage of retail investor accounts that lose money when trading CFDs with this provider.
Transparency Signals
Strong transparency across key operational dimensions
No significant concerns identified
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Legal Entities
Regulatory References
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Reputation Summary
6234 Overall Score
Areas of Concern (0.91% resolved)
Avg. response (0.96%)
Strengths
- Publicly listed with audited financial statements
- Comprehensive multi-jurisdictional regulation
- Industry-leading response times
- Extensive educational and research resources
Areas of Concern
- Premium pricing may not suit cost-sensitive retail traders
Expert Consensus
Globally recognized multi-asset broker with institutional-grade infrastructure and comprehensive regulatory coverage.
IFCCI Verdict
Excellent transparency profile. Publicly listed entity with audited financials and comprehensive regulatory disclosures across all operating jurisdictions.
Community Verdict
Regulatory Licenses
CySEC
- License Number
- 185/12
- Jurisdiction
- Cyprus
- License Type
- CIF
FCA
- License Number
- 600475
- Jurisdiction
- United Kingdom
- License Type
- Full Licence
FSCA
- License Number
- 46614
- Jurisdiction
- South Africa
- License Type
- FSP
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | 1.5 pips (Micro) |
| GBP/USD | 1.7 pips |
| USD/JPY | 1.4 pips |
| XAU/USD | 0.50 pips |
- Commission
- Zero (Micro/Advantage Plus); $2/lot (Advantage)
- Inactivity Fee
- $5/month after 6 months
- Deposit Fees
- Free
- Withdrawal Fees
- Free
- Withdrawal Processing Time
- 1-3 business days
Technology Stack
Technology Stack
Platform Infrastructure
Technical
- Server Locations
- LondonAmsterdam
- Average Execution Speed
- < 50ms
Safety & Protection
- Compensation Scheme
- ICF (Cyprus)
Operational Details
- Supported Languages
- English, Chinese, Arabic, Korean
- Support Channels
- Live ChatEmailPhone
- Payment Methods
- Bank TransferCredit CardSkrillNeteller
Community Snapshot
Category Breakdown
IFCCI Research Responses
Research Timeline
The platform's FCA authorisation permits it to offer Contracts for Difference (CFDs) and spread betting to UK retail clients. Under FCA rules, the platform is required to display a risk warning stating the percentage of retail investor accounts that lose money. The platform's disclosure of a 75% retail loss rate is consistent with FCA reporting requirements. IFCCI notes that FCA-regulated firms contribute to the Financial Services Compensation Scheme (FSCS), which protects eligible claimants up to GBP 85,000 in the event of firm insolvency.
Submit a Complaint
Platform Comparison
| Regulatory Tier | Tier 1 | Tier 1 |
| Transparency Signals | 9.4/10 | 9.5/10 |
| Minimum Deposit | $10 | $200 |
| Maximum Leverage | Up to 1:2000 | Up to 1:500 |
| Spread Type | Variable | Raw Spread / Standard |
| Execution Model | ECN | ECN |
| Year Established | 2011 | 2007 |
| Trading Products | 6 | 8 |
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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.