Broker Review · last checked July 2, 2026
Forextime (FXTM) Review
FXTM is a trading brand with clear licensing details, a published minimum deposit, and defined deposit and withdrawal rules. This review highlights verifiable facts, main risks, and essential checks before funding an account.
- Official broker pages reviewed
- Regulatory claims cross-checked where possible
- Funding and withdrawal rules checked on the broker site
- Third-party sentiment included as context, not proof of safety
FXTM (Forextime) at a glance
Listing status: Eligible With Caution · regulated, mt4, mt5, higher risk
Our verdict
FXTM operates as a regulated broker across multiple entities, with a stated minimum deposit of $200 and clear rules on funding and withdrawals. Availability depends heavily on your country and the specific legal entity managing your account. Always confirm the entity, regulator, and funding conditions during onboarding rather than relying on the FXTM name alone.
Who this broker suits
- Traders who want a broker with publicly stated regulatory entities to verify
- Users who prefer MT4/MT5 access
- Readers who value clearly published deposit/withdrawal rules before opening an account
- You want the strongest possible investor-compensation-style protections
- You do not want to verify the legal entity and client-country eligibility yourself
- You place heavy weight on public complaint sentiment
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| Exinity Limited | Authorised — FSC Mauritius / FSCA South Africa | FXTM legal pages | Mauritius reg. C119470 C1/GBL; FSC Mauritius Investment Dealer Licence C113012295; FSCA FSP No. 50320. |
| Exinity Works (CY) Ltd | Cyprus-registered; no regulated activity stated | FXTM legal pages | Cyprus reg. HE 351684; official site says it does not engage in regulated financial or investment activities. |
| Forextime Ltd | Not Verified In Public Registers | FXTM FAQ | FXTM FAQ says this is one of the three entities under the FXTM brand; no regulator status verified here. |
| Forextime UK Ltd | Not Verified In Public Registers | FXTM FAQ | FXTM FAQ says this is one of the three entities under the FXTM brand; no regulator status verified here. |
| FXTM brand website | Broker website / support centre | Official website | FXTM website and help centre; account use depends on country restrictions and the legal entity shown at signup. |
Key facts table
| Topic | Verified detail | Source basis |
|---|---|---|
| Minimum initial deposit | $200 | FXTM deposits and withdrawals page |
| Withdrawal rule | A 3% fee applies if no trade has been placed since the last deposit | FXTM withdrawal requirements page |
| Identity checks | Proof of identity and proof of residence are required for full account functionality | FXTM withdrawal requirements page |
| Funding process | Deposits and withdrawals are handled through MyFXTM and published payment options may change | FXTM deposit/withdrawal help pages and client terms |
| Platforms | Public pages in this research set confirm platform access/support references, but the exact live platform list should be checked during sign-up | FXTM help pages and search result context |
| Overall external sentiment | Mixed to weak public reviews, with Trustpilot at 2.5/5 and FPA at 2.219/5 | Trustpilot and Forex Peace Army |
Do not assume every account type, country, or entity receives the same terms.
Alternatives to FXTM (Forextime)
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized /10 | What it tells readers |
|---|---|---|---|
| Trustpilot | 2.5/5 | 5.0/10 | A large-volume customer review signal; useful for sentiment, not regulation. |
| Forex Peace Army | 2.219/5 | 4.4/10 | Community sentiment snapshot; useful for complaints context, not proof of wrongdoing. |
Ratings can be helpful for pattern recognition, but they do not confirm licensing, fund safety, or trade execution quality.
What kind of broker is FXTM?
FXTM is a brand used by entities linked to Exinity. Their licensing page shows regulation by the Financial Services Commission of Mauritius and authorization from South Africa’s Financial Sector Conduct Authority for Exinity Limited, plus a Cyprus-registered Exinity Works entity. Clients must verify if the service is allowed under their local laws before trading.
Why this review is more conservative than marketing claims
Broker websites change frequently, especially around fees, payment options, and eligible countries. This review treats broker claims as indicative but not final, prioritising official regulatory pages and consistent public details on deposits, withdrawals, and licensing.
Safety and regulation: what can be verified
FXTM’s licensing page confirms Exinity Limited is regulated by Mauritius’s FSC and licensed by South Africa’s FSCA, with Exinity Works (CY) Ltd registered in Cyprus. This shows FXTM isn’t just an offshore brand without regulation. However, not every account is under the same regulator or protection scheme. Traders must check exactly which entity they contract with before depositing.
Fees, accounts, and platforms
The minimum deposit noted publicly is $200. Account types vary by minimum deposit, spreads, commissions, available instruments, and execution style. There’s no single universal fee schedule online for all accounts, so traders should review live account summaries and client agreements during sign-up to know the exact costs for their entity and account type.
Deposits and withdrawals
FXTM lists payment options on its deposit pages, with funding and withdrawals processed via MyFXTM. Clients must complete ID and proof-of-residence checks to unlock full features. A withdrawal rule states a 3% fee applies if no trades have been made since the last deposit. First withdrawals typically must use the same method as the deposit, which matters for card and wallet users.
Country availability caveat
FXTM states clients are responsible for confirming if they can use the service legally from their country. Brand name alone doesn’t guarantee access. This is crucial for those in restricted or higher-risk jurisdictions to verify local regulations before opening an account.
External rating snapshot
Third-party ratings don’t guarantee safety or regulation but can reflect customer opinions. Trustpilot scores FXTM at 2.5 out of 5, while Forex Peace Army rates it 2.219 out of 5. Converted to a 10-point scale, these are roughly 5.0/10 and 4.4/10, indicating mixed or weak public sentiment rather than a strong endorsement.
Alternatives to consider
When comparing FXTM with other brokers, check the precise entity, regulator, minimum deposit, and funding and platform options. Look for other regulated brokers with transparent legal pages and published funding terms that fit your specific needs.
Common questions
Is Forextime the same as FXTM?
Yes. FXTM is the trading brand commonly linked to Forextime or ForexTime in older and third-party reviews. Always rely on the current legal entity and licensing information rather than the brand nickname alone.
Is FXTM safe?
No broker is completely safe. FXTM does provide public licensing information, which is positive, but traders must verify the exact entity, country eligibility, withdrawal conditions, and account terms before depositing.
What is FXTM’s minimum deposit?
FXTM’s official deposits and withdrawals page states the minimum initial deposit is $200.
Which platforms does FXTM support?
Public FXTM materials mention platform access and support, but the exact platforms available should be confirmed during account opening before funding.
Does FXTM charge withdrawal fees?
FXTM’s published withdrawal rules include a 3% fee if no trade has occurred since the last deposit. Other fees may depend on payment methods and current terms shown in MyFXTM.
Can traders in every country open an FXTM account?
No. FXTM requires clients to confirm that local laws allow them to use its services based on their country of residence.
Should I trust third-party review scores?
Use review scores only as a sense of customer sentiment. They can highlight common complaints about fees, withdrawals, or support but don’t prove regulation, execution quality, or fund safety.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.