FOREX.com vs FXTM Comparison
Compare trading conditions, commissions and platforms of Forex brokers FOREX.com and FXTM. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FOREX.com or FXTM?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
FOREX.com
- Minimum deposit · USD
- 100 USD
- Different platforms
- FOREX.com
- Ninja Trader
- TradingView
- Different markets
- Soft Commodities
- ETF
- Bonds
FXTM
- Minimum deposit · USD
- 10 USD
- Different platforms
- MetaTrader 5
- Different markets
- None listed
Comparison Table of FOREX.com and FXTM
Swipe the table left or right to view all data.
| Broker | FOREX.com | FXTM |
|---|---|---|
| Foundation Year | 2001 | 2011 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | Cyprus, United Kingdom, Mauritius, Kenya |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:50 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FOREX.com Review | FXTM Review |
FOREX.com Review
FOREX.com is an excellent broker for trading in the Forex and CFD markets. They offer fast execution speeds, a wide selection of currency pairs, and other assets for trading. Their customer service is outstanding, and multiple financial authorities regulate them.
Pros and Cons of FOREX.com
Pros
- Broker with many years of history and a global reputation.
- A variety of deposit methods.
- A wide variety of available markets and products.
- Advanced analytical tools and daily updates from the company's professionals.
- Comprehensive educational materials for all levels of traders.
Cons
- Lack of specialized accounts.
- High transaction fee on DMA Account.
FOREX.com is in the top 10 of the following ratings:
FXTM Review
FXTM stands out in the market due to its wide range of trading instruments, including many currency pairs, stocks, metals, and other products. It makes it attractive to traders looking to diversify their portfolios. Support for various devices' popular MT4 and MT5 platforms ensures trading flexibility and accessibility. In addition, FXTM offers competitive commission terms on the Advantage account, making it a favorable choice for active traders. The availability of educational materials such as e-books, videos, and webinars supports beginners and helps them develop their trading skills. With no deposit fees, the variety of deposit and withdrawal methods is convenient for clients worldwide.
FXTM is ideal for traders seeking various trading instruments and flexible platforms. It will be especially attractive for beginners due to its extensive training resources and for active traders interested in using an Advantage account to minimize commissions.
Pros and Cons of FXTM
Pros
- A wide range of trading assets.
- Low fee per transaction.
- Availability of popular trading platforms.
- Availability of educational materials.
- A variety of deposit and withdrawal methods.
Cons
- Issues with technical support.
- High spreads.
Reliability
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2001 | 2011 |
| Regulated in Countries | Cayman Islands, United Kingdom, United States, Cyprus, Hong Kong, Japan, Singapore, Australia | Cyprus, United Kingdom, Mauritius, Kenya |
| Regulators |
FOREX.com
The company is strictly regulated, has a long-standing market presence, and is open to investors.
Pros
- Broad global regulation.
- Long-term market presence.
- Parent company traded on NASDAQ.
FXTM
Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.
Pros
- Regulation by authoritative bodies (CySEC, FCA).
- Membership in the Financial Commission.
- Presence of a Compensation Fund.
Account Opening
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Account Opening | 4/5 | 5/5 |
| Minimum Deposit |
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FOREX.com
The account opening process at FOREX.com is quite standard but potentially prolonged due to required verification.
Pros
- Transparent registration process.
- Strict verification for security.
Cons
- Verification may take time.
- A lot of information is required.
FXTM
Opening an account with FXTM is a simple and fast process.
Account Types
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Account Types | 3.5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0.1 points |
| Max Leverage | 1:50 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FOREX.com
FOREX.com offers standard account types that satisfy most traders, but some essential accounts are missing.
Pros
- Direct Market Access account available.
- Demo account for strategy testing.
- The ability to trade on behalf of a company.
Cons
- No cent accounts.
- No Islamic accounts.
- No options for passive investing.
FXTM
FXTM offers a variety of accounts and services, meeting the needs of different traders.
Pros
- Wide selection of account types.
- Additional services such as VPS.
- Suitable for traders of different levels.
Cons
- Lack of fixed spread accounts.
Commissions
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Commissions | 2.2/5 | 3/5 |
| Spread | from 0.1 points | from 0.1 points |
| Average Spread (EURUSD) | 1.3 | |
| Commission | per $1M turnover$60.00 | per $1M turnover$20.00 |
FOREX.com
FOREX.com's commissions are above average. Conditions can be improved for traders with high volumes.
Pros
- Potential reduction in commissions with increased trading volume.
- Rebate program for major American traders.
- No fees for deposits and withdrawals.
Cons
- High transaction commission on DMA accounts.
- Inactivity fee.
- High swaps.
FXTM
FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.
Pros
- Low per-trade commission.
Cons
- High spreads.
- Inactivity fee for account.
Deposit and Withdrawal
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Rating | 4.3/5 | 4/5 |
| Account Funding Methods |
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FOREX.com
FOREX.com provides diverse and convenient methods for depositing and withdrawing funds with low costs and reasonable processing times.
FXTM
FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.
Pros
- Numerous available methods.
- Instant fund crediting.
- Most operations without commission.
Cons
- May have withdrawal fees.
- Possible processing time restrictions.
Markets and Products
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Markets and Products | 4.5/5 | 4.6/5 |
| Forex | 91 | 48 |
| Precious Metals | 16 | 3 |
| Energy Carriers | 14 | 3 |
| Soft Commodities | 22 | - |
| Indices | 54 | 13 |
| Stocks | 5500 | 640 |
| ETF | 318 | - |
| Bonds | 14 | - |
| Cryptocurrency | 12 | 11 |
FOREX.com
Although its leverage is relatively low, FOREX.com offers an extensive selection of markets and products.
FXTM
FXTM offers a variety of markets.
Pros
- Ability to invest in US stocks.
- Large number of CFDs for trading.
Cons
- No soft commodities.
Trading Platforms
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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FOREX.com
FOREX.com provides a wide choice of trading platforms, including MT4, its proprietary platform, NinjaTrader, and TradingView, supporting all formats - online, desktop, and mobile applications.
FXTM
The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.
Pros
- Availability on various devices (Windows, Android, iOS).
- Support for automated trading.
- Ability to choose between MT4 and MT5.
Cons
- Lack of a proprietary unique platform.
- Web version only available for MT4.
Analytics
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Rating | 5/5 | 4/5 |
FOREX.com
Analytics at FOREX.com is a powerful tool for traders, providing extensive information and in-depth market analysis.
FXTM
The broker offers a strong analytical section.
Pros
- Daily automated trading signals.
- Economic calendar in the personal account.
- A variety of tools for analysis.
Cons
- Outdated video reviews.
- Lack of regular analytical updates from experts.
Education
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| Broker | FOREX.com | FXTM |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
FOREX.com
FOREX.com offers a rich educational program suitable for all levels of traders, enhancing the user experience.
FXTM
The broker's educational materials are of average quality with diverse content.
Pros
- Diversity of materials (videos, books).
- Useful for traders of different levels.
Cons
- Outdated webinars.
- Irrelevance of some materials.
Customer Support
Swipe the table left or right to view all data.
| Broker | FOREX.com | FXTM |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
FOREX.com
FOREX.com provides excellent technical support with fast and professional service, available 24/7.
FXTM
FXTM's customer support offers various channels of communication, but reviews about it are mixed.
Pros
- Variety of communication channels.
- There are positive customer reviews.
Cons
- Delays in responses.
- There are ambiguous customer reviews.
Comparisons of FOREX.com and FXTM with other brokers
Conclusion
When choosing between FOREX.com and FXTM, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: FOREX.com or FXTM?
FOREX.com ranks higher than FXTM in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: FOREX.com or FXTM?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — FOREX.com or FXTM?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FOREX.com and FXTM?
FOREX.com: FOREX.com, Ninja Trader, MetaTrader 4, TradingView. FXTM: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with FOREX.com and FXTM?
FOREX.com: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FOREX.com and FXTM?
FOREX.com: Standard, MT4, DMA. FXTM: Micro, Advantage, Advantage Plus. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FOREX.com and FXTM?
FOREX.com: Neteller, Skrill, Bank Transfer, Credit and Debit Cards. FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Check method-specific fees/settlement times.
Which broker is safer — FOREX.com or FXTM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
