Broker Review · last checked July 2, 2026
FXTM Review
FXTM Review examines a trading brand operating under Exinity Limited, regulated by Mauritius’ FSC and authorised by South Africa’s FSCA. It considers the broker’s published statements on verification, withdrawals, platform access and country restrictions, alongside the points to check before registration.
- Regulators listed: Financial Services Commission (FSC) of Mauritius, Financial Sector Conduct Authority (FSCA) of South Africa
- Platforms: MetaTrader 4, MetaTrader 5
- Varies by account type and payment method; FXTM says $200 can get you started on some...
Evidence passport
What this page checked.
- Sources
- 9
- Record updated
- August 18, 2026
FXTM — document-based review of legal entities, regulator records, published fees, platforms, funding terms, and stated account restrictions
Evidence reviewed
- 9 linked official, regulatory, or primary-document sources support the page’s factual record
- Regulator and entity signals recorded for this review: Financial Services Commission (FSC) of Mauritius, Financial Sector Conduct Authority (FSCA) of South Africa
- Published platform references: MetaTrader 4, MetaTrader 5, FXTM Trader mobile app
- Published minimum-deposit position: Varies by account type and payment method; FXTM says $200 can get you started on some account types
Verify before funding
- Match the legal entity in your account agreement to the regulator’s own register
- Re-check current fees, minimum deposit, withdrawal rules, and product availability for your country
- Use a demo or small initial deposit to evaluate platform behavior and service quality for yourself
In brief
Our FXTM review verdict
FXTM Review examines a trading brand operating under Exinity Limited, regulated by Mauritius’ FSC and authorised by South Africa’s FSCA. It considers the broker’s published statements on verification, withdrawals, platform access and country restrictions, alongside the points to check before registration.
- 01Regulators
- Financial Services Commission (FSC) of Mauritius, Financial Sector Conduct Authority (FSCA) of South Africa
- 02Trading platform
- MetaTrader 4, MetaTrader 5, FXTM Trader mobile app
- 03Entry cost
- Varies by account type and payment method; FXTM says $200 can get you started on some account types
- 04Main limitation
- Not a fit if you need a broker that accepts U.S. residents
Key facts about FXTM
The legal entity, local rules and available account terms may change with the client's country.
- ✓FXTM’s website identifies Exinity Limited as the legal entity behind the brand and says it is regulated by the FSC of Mauritius under Investment Dealer Licence C113012295.
- ✓FXTM’s website says Exinity Limited is licensed by the FSCA of South Africa with FSP No. 50320.
- ✓FXTM’s website says Exinity Works (CY) Ltd does not engage in regulated financial or investment activities.
Who this broker suits
- Readers who want a broker with explicit legal-entity disclosure and visible regulatory claims
- Users who prefer MetaTrader 4 or MetaTrader 5 alongside a proprietary mobile app
- Traders who value published withdrawal and fee policy details before opening an account
- You need a broker that accepts U.S. residents
- You want a broker with strong third-party reputation signals
- You prefer a simpler funding model with fewer method-dependent withdrawal conditions
Key facts
| Topic | What FXTM’s official pages say |
|---|---|
| Founded / brand longevity | FXTM says it has been trusted since 2011. |
| Platforms | MetaTrader 4, MetaTrader 5, and FXTM’s mobile app are listed. |
| Minimum deposit | FXTM says the requirement varies by account type and payment method; one page says $200 can get you started on Advantage or Advantage Plus accounts. |
| Withdrawal timing | FXTM says funds are released within 24 business hours of a withdrawal request. |
| Withdrawal fees | A fee may depend on the payment method; FXTM also says a 3% fee can apply if no trade has been placed since the last deposit. |
| Verification | FXTM says identity and proof of residence are required before deposits and full account functionality. |
| Country availability | FXTM says service availability depends on country of residence and lists multiple restricted jurisdictions. |
These are official disclosures, not guarantees of execution quality, spreads, or trading outcomes.
FXTM’s public record and entity structure
FXTM has operated for years as a trading brand linked to Exinity Limited. Public information states that Exinity Limited is regulated by the Financial Services Commission of Mauritius and holds a licence from South Africa’s Financial Sector Conduct Authority. A separate FXTM entity in Cyprus, meanwhile, is not regulated and does not conduct regulated financial activities. Clients must complete verification before deposits, while withdrawal rules may involve fees. The key comparison point is identifying the FXTM legal entity that will hold the account and the country restrictions that apply.
Jurisdiction shapes the FXTM assessment
FXTM appears to be a legitimate broker with transparent disclosures covering licensing, client verification and funding rules. Protections and available products, however, depend substantially on the relevant legal entity and the client’s country of residence. Before adding funds, prospective clients should confirm which FXTM entity manages the account, which investor protections apply and whether their jurisdiction is accepted. This matters because Exinity Limited excludes some countries from service, including the USA and UK.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Details |
|---|---|---|---|
| Exinity Limited | Regulated by FSC Mauritius; FSCA-authorised | FXTM legal page; FSC Mauritius / FSCA | Reg. no. C119470 C1/GBL; FSC Mauritius investment dealer licence C113012295; FSCA FSP 50320. |
| Exinity Works (CY) Ltd | Not a regulated financial firm | FXTM legal page | Reg. no. HE 351684; FXTM says it does not engage in regulated financial or investment activities. |
| Forextime Ltd | Former Cyprus CIF — voluntary renunciation | CySEC public register | Licence 185/12; status listed as voluntary renunciation; company reg. no. 310361. |
| FXTM brand website | Broker website / support centre | Official website | FXTM consumer brand site at fxtm.com; official licensing page and support/help content. |
Verify onboarding entity and accepted jurisdiction on the broker’s legal page and the relevant regulator register before trading.
FXTM’s stated advantages and constraints
The broker displays licensing information, supports the MetaTrader 4 and 5 platforms, publishes withdrawal and verification policies, and sets out country restrictions. Its limitations include the absence of one straightforward minimum deposit figure, as this varies by account type and payment method; possible withdrawal fees in some circumstances; and an entity structure under which protections and service availability are not uniform.
Exinity Limited, FSC and FSCA disclosures
FXTM states that it operates under Exinity Limited, regulated by Mauritius’ FSC under licence number C113012295 and authorised by South Africa’s FSCA under FSP No. 50320. It also states that Exinity Works (CY) Ltd does not take part in regulated financial activities. FXTM advises clients to check whether its services are permitted in their country and identifies regional restrictions, including the USA and UK. Given the potential for confusion around broker names and jurisdictions, checking for public regulator warnings before opening an account is prudent.
FXTM Review: account access, MT4, MT5 and charges
FXTM minimum deposits vary by account type, payment method and margin requirements. One help page suggests a $200 minimum for Advantage or Advantage Plus accounts, although this is not a universal rule. The broker offers MT4, MT5 and its own mobile app through desktop, browser and mobile devices. Withdrawal fees may depend on the payment method, including a 3% fee where no trades have taken place since the latest deposit. In some cases, there is also a $3 fee for deposits or withdrawals below $30 or the equivalent.
FXTM funding routes and cash-out conditions
FXTM requires account verification before it accepts deposits. Withdrawals generally follow a closed-loop policy: funds return to the original payment source before other verified methods can be used. Withdrawal requests are typically processed within 24 business hours, though the eventual arrival time depends on the payment method. These operating conditions warrant attention, since funding delays can be a source of frustration for new traders.
Alternatives to FXTM
| 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 | XTB 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 | Capital.com 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 | Colmex Pro 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 | CMC Markets 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 | Interactive Brokers review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Common questions
Is FXTM safe?
FXTM is a genuine broker brand with official licences, but ‘safe’ depends on the legal entity serving you and the regulatory environment it operates in. Make sure you understand the product and withdrawal terms before you fund your account.
What is FXTM regulated by?
Exinity Limited, the company behind FXTM, is regulated by Mauritius’ Financial Services Commission and licensed by South Africa’s Financial Sector Conduct Authority. Always verify the specific entity and registration details before opening an account.
What is the FXTM minimum deposit?
There is no single minimum deposit across all FXTM accounts. The amount depends on your chosen account type, payment method, and margin requirements. One FXTM page indicates a $200 minimum for Advantage or Advantage Plus accounts.
Which platforms does FXTM support?
FXTM offers MetaTrader 4, MetaTrader 5, and its own FXTM mobile trading app, available on desktop, browser, and mobile devices.
How do FXTM withdrawals work?
Withdrawals usually follow a same-method-out principle, returning funds to the original deposit source first. Verification is mandatory, and withdrawals are typically processed within 24 business hours, though timing depends on the payment method.
Does FXTM charge fees?
Fees vary by payment method. A 3% withdrawal fee applies if no trades have taken place since the last deposit, and there may be a $3 fee for deposits or withdrawals below $30 or equivalent in some cases.
Can traders in the US open an FXTM account?
Exinity Limited does not serve residents of the USA. US traders should not assume FXTM availability and should seek brokers explicitly licensed for their jurisdiction.
Sources for this broker review
Use these records to recheck the legal entity, account terms and current product details before opening an account.