Broker comparison

FXTM vs Seacrest Markets Comparison

Compare trading conditions, commissions and platforms of Forex brokers FXTM and Seacrest Markets. Find out which broker is best for you.

VS summaryScores and ranking at a glance
FXTMHigher ranked
Rating
4.1/5
Rank
#48
Register

75% of retail investors lose money when trading CFDs with this broker

Seacrest Markets
Rating
4.1/5
Rank
#51
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated

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 - FXTM or Seacrest Markets?

Our pick: FXTM

Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FXTM looks preferable to Seacrest Markets.

FXTM scored 4.1/5 and ranks 48 in our all Forex brokers list, whereas Seacrest Markets has 4.1/5 and ranks 51.

This is not financial advice. See the full comparison below.

Who is FXTM suitable for?

Broker FXTM is suitable for traders looking for a variety of trading instruments and accounts, but who are willing to tolerate some shortcomings in support and wide spreads.

Who is Seacrest Markets suitable for?

Suitable for retail and active Forex and CFD traders who value high leverage and straightforward trading conditions.

Comparison Table of FXTM and Seacrest Markets

BrokerFXTMSeacrest Markets
Rating
4.1/5
4.1/5
Foundation Year20112024
Regulated in CountriesCyprus, United Kingdom, Mauritius, KenyaSouth Africa
Minimum Deposit
  • 10 EUR
  • 10 GBP
  • 10000 NGN
  • 10 USD
  • 50 EUR
  • 50 GBP
  • 50 USD
Spreadfrom 0.1 pointsfrom 0.1 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5
ReviewFXTM ReviewSeacrest Markets Review

FXTM Review

FXTM Logo
Register75% of retail investors lose money when trading CFDs with this broker
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5
compare FXTM trading accounts

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

  1. A wide range of trading assets.
  2. Low fee per transaction.
  3. Availability of popular trading platforms.
  4. Availability of educational materials.
  5. A variety of deposit and withdrawal methods.

Cons

  1. Issues with technical support.
  2. High spreads.

Seacrest Markets Review

Seacrest Markets Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Cryptocurrency
Trading Platforms
MetaTrader 5
compare Seacrest Markets trading accounts

Seacrest Markets is a CFD broker with moderate regulation (FSCA), a transparent fee structure, and an accessible entry threshold starting from $50. Trading is conducted via MetaTrader 5, covering major asset classes, with leverage available up to 1:500. The conditions are tailored to retail traders who value clear costs and a straightforward onboarding process.

The broker is best suited for:

  • retail traders working with Forex and major CFDs;

  • active traders seeking high leverage;

  • traders who appreciate 24/7 support and an easy account opening process.

It may be less suitable for investors looking for Tier-1 regulation, an extensive range of stocks and ETFs, or advanced institutional research.

Pros and Cons of Seacrest Markets

Pros

  1. FSCA (South Africa) license and formal regulation of brokerage activity.
  2. Low minimum deposit — from $50.
  3. 24/7 support and a strong community.

Cons

  1. No Tier-1 regulation and no compensation funds.
  2. Limited number of trading instruments compared to large brokers.
  3. No web-based platform and no alternative to MetaTrader 5.

Reliability

BrokerFXTMSeacrest Markets
Reliability
5/5
4.5/5
Foundation Year20112024
Regulated in CountriesCyprus, United Kingdom, Mauritius, KenyaSouth Africa
Regulators

FXTM

Broker FXTM demonstrates high reliability due to strict regulation and additional protective measures.

Pros

  1. Regulation by authoritative bodies (CySEC, FCA).
  2. Membership in the Financial Commission.
  3. Presence of a Compensation Fund.

Seacrest Markets

Seacrest Markets’ reliability can be described as moderate: the broker is regulated by the FSCA (Tier-2) but does not hold Tier-1 licenses or participate in compensation schemes, which reduces the level of protection compared to major international brokers.

Pros

  1. FSCA (South Africa) license
  2. Transparent registration information

Cons

  1. No Tier-1 regulation

Account Opening

BrokerFXTMSeacrest Markets
Account Opening
5/5
5/5
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN
  • 50 USD
  • 50 EUR
  • 50 GBP

FXTM

Opening an account with FXTM is a simple and fast process.

Seacrest Markets

Opening an account with Seacrest Markets is fast and without unnecessary bureaucracy: online registration, verification within a day, and clear requirements make the process convenient for most traders.

Pros

  1. Simple online registration
  2. Verification within 24 hours
  3. Low minimum deposit

Cons

  1. Mandatory extended KYC questionnaire

Account Types

BrokerFXTMSeacrest Markets
Account Types
4.5/5
4/5
Trading Accounts
  • Micro
  • Advantage
  • Advantage Plus
  • Classic
  • ECN
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 10 GBP
  • 10000 NGN
  • 50 USD
  • 50 EUR
  • 50 GBP
Spreadfrom 0.1 pointsfrom 0.1 points
Max Leverage1:20001:500
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5
Demo Account
Swap-free Account

FXTM

FXTM offers a variety of accounts and services, meeting the needs of different traders.

Pros

  1. Wide selection of account types.
  2. Additional services such as VPS.
  3. Suitable for traders of different levels.

Cons

  1. Lack of fixed spread accounts.

Seacrest Markets

Seacrest Markets offers classic trading accounts with a clear fee structure. The lineup suits different trading styles, though the overall variety and depth of account options remain moderate.

Pros

  1. Availability of Classic and ECN accounts

Cons

  1. Limited selection of trading accounts

Commissions

BrokerFXTMSeacrest Markets
Commissions
3/5
3.5/5
Spreadfrom 0.1 pointsfrom 0.1 points
Average Spread (EURUSD)1.2
Commissionper $1M turnover$20.00per 1 lot$3.50

FXTM

FXTM's commissions are average, with low per-trade commission but higher-than-average spreads.

Pros

  1. Low per-trade commission.

Cons

  1. High spreads.
  2. Inactivity fee for account.

Seacrest Markets

Seacrest Markets' fees are around the market average: spreads and swaps are comparable to competitors, and the ECN commission remains competitive. The cost structure is transparent and without notable hidden charges.

Pros

  1. Market-average spreads
  2. No withdrawal fee except for bank transfers

Cons

  1. There is an account inactivity fee
  2. Swaps can be significant for long-term trading

Deposit and Withdrawal

BrokerFXTMSeacrest Markets
Rating
4/5
4.5/5
Account Funding Methods
  • Skrill
  • FasaPay
  • WebMoney
  • YooMoney
  • Qiwi
  • PayRedeem
  • Visa
  • Mastercard
  • Maestro
  • Альфа Банк
  • Dotpay
  • Swift
  • Visa
  • Mastercard

FXTM

FXTM offers a variety of convenient methods for depositing and withdrawing funds, meeting the needs of traders.

Pros

  1. Numerous available methods.
  2. Instant fund crediting.
  3. Most operations without commission.

Cons

  1. May have withdrawal fees.
  2. Possible processing time restrictions.

Seacrest Markets

Deposits and withdrawals at Seacrest Markets are organized in a standard and convenient way: cards, bank transfer, and cryptocurrencies are available. The procedures are transparent, but the range of methods remains basic.

Pros

  1. Support for Visa/Mastercard
  2. Crypto transfers available
  3. Clear procedure via the client portal

Cons

  1. Limited selection of local payment systems
  2. Fee for withdrawals via bank transfer

Markets and Products

BrokerFXTMSeacrest Markets
Markets and Products
4.6/5
3.5/5
Forex4850
Precious Metals32
Energy Carriers33
Indices136
Stocks640-
Cryptocurrency114
Soft Commodities-2

FXTM

FXTM offers a variety of markets.

Pros

  1. Ability to invest in US stocks.
  2. Large number of CFDs for trading.

Cons

  1. No soft commodities.

Seacrest Markets

Seacrest Markets' market offering covers key asset classes and suits most retail strategies, but it falls behind large multi-asset brokers in breadth of instruments.

Pros

  1. Key asset classes (Forex, indices, commodities, cryptocurrencies)
  2. High leverage up to 1:500

Cons

  1. Limited overall number of instruments
  2. No stocks or ETFs

Trading Platforms

BrokerFXTMSeacrest Markets
Rating
4/5
3.5/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • MetaTrader 5

FXTM

The broker offers reliable and proven MT4 and MT5 platforms, ensuring flexibility in trading.

Pros

  1. Availability on various devices (Windows, Android, iOS).
  2. Support for automated trading.
  3. Ability to choose between MT4 and MT5.

Cons

  1. Lack of a proprietary unique platform.
  2. Web version only available for MT4.

Seacrest Markets

MetaTrader 5 provides full functionality for analysis and trading, but platform choice is limited to a single terminal and there is no web version, which reduces access flexibility.

Pros

  1. Support for algorithmic trading
  2. iOS and Android mobile apps

Cons

  1. No web version
  2. No alternative platforms

Analytics

BrokerFXTMSeacrest Markets
Rating
4/5
5/5

FXTM

The broker offers a strong analytical section.

Pros

  1. Daily automated trading signals.
  2. Economic calendar in the personal account.
  3. A variety of tools for analysis.

Cons

  1. Outdated video reviews.
  2. Lack of regular analytical updates from experts.

Seacrest Markets

Seacrest Markets' analytics cover key needs of retail traders: video reviews, articles, and built-in analysis tools. The content is practical, but it is geared mainly toward beginner and intermediate levels.

Pros

  1. Regular video analysis
  2. Economic calendar and market widgets
  3. TradingView integration

Education

BrokerFXTMSeacrest Markets
Rating
3.5/5
3.5/5

FXTM

The broker's educational materials are of average quality with diverse content.

Pros

  1. Diversity of materials (videos, books).
  2. Useful for traders of different levels.

Cons

  1. Outdated webinars.
  2. Irrelevance of some materials.

Seacrest Markets

Seacrest Markets' educational materials cover basic CFD and Forex topics and are suitable for beginners, but the education section is limited to a blog format without an extended learning program.

Pros

  1. Structured blog

Cons

  1. No comprehensive courses
  2. No webinars or podcasts

Customer Support

BrokerFXTMSeacrest Markets
Rating
3.5/5
4.5/5
Email Support
  • support@fxtm.com
Hotline Phones
  • +442037341025
Social Media

FXTM

FXTM's customer support offers various channels of communication, but reviews about it are mixed.

Pros

  1. Variety of communication channels.
  2. There are positive customer reviews.

Cons

  1. Delays in responses.
  2. There are ambiguous customer reviews.

Seacrest Markets

Seacrest Markets' support operates 24/7 and provides quick contact via live chat. A strong community enhances client service, but the set of communication channels remains standard.

Pros

  1. 24/7 support
  2. Live chat on the website
  3. Active community (Discord and social media)

Cons

  1. No extensive phone support
  2. No personal managers
  3. Limited selection of communication channels

Comparisons of FXTM and Seacrest Markets with other brokers

Conclusion

FXTM stands out as the better overall pick, while Seacrest Markets trails on aggregate criteria.

FXTM scored 4.1/5 and ranks 48 in our rating; Seacrest Markets has 4.1/5 and ranks 51.

We explain the reasons above in detail — fees, platforms, reliability, support, and more.

FAQ

Which broker is better: FXTM or Seacrest Markets?

FXTM comes out ahead by overall rank (score 4.1/5, position 48) versus Seacrest Markets (score 4.1/5, position 51).

Which broker is better for beginners: FXTM or Seacrest Markets?

FXTM is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.

Who has lower typical trading costs (spreads/commissions) — FXTM or Seacrest Markets?

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 FXTM and Seacrest Markets?

FXTM: MetaTrader 4, MetaTrader 5. Seacrest Markets: MetaTrader 5. See the “Platforms” section for details and selection tips.

What markets can you trade with FXTM and Seacrest Markets?

FXTM: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Seacrest Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by FXTM and Seacrest Markets?

FXTM: Micro, Advantage, Advantage Plus. Seacrest Markets: Classic, ECN. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by FXTM and Seacrest Markets?

FXTM: Skrill, FasaPay, WebMoney, YooMoney, Qiwi, PayRedeem, Visa, Mastercard, Maestro, Альфа Банк, Dotpay. Seacrest Markets: Swift, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — FXTM or Seacrest Markets — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.