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FXTM
13 reviews

Trading Conditions

Min TradeUSD 1
Min DepositUSD 200
Base CurrenciesUSD, EUR, GBP, NGN
3.1
5-star 0%
4-star 38%
3-star 38%
2-star 15%
1-star 8%

All Reviews

Love the low minimum deposit

The minimum deposit for FXTM is N7,000 here in Nigeria which is very affordable and I love it. However, the customer support is bad

Y
Yoks NGA
Feb 9, 2026

Not a very high tech broker, they are only good fo...

Not a very high tech broker, they are only good for beginners. The lack a variety of platforms such as cTrader and TradingView, their mobile app is also not too sophisticated

F
Farah MYS
Jan 20, 2026

Very nonsense customer support. I tried to chat wi...

Very nonsense customer support. I tried to chat with a customer agent via FXTM mobile app to ask about withdrawal fees but the agent was an AI bot and it responded in Chinese language instead

I wish they had TradingView so i give them 3 start...

I wish they had TradingView so i give them 3 starts but they are good broker for starters

Excellent customer support, FXTM is very beginner ...

Excellent customer support, FXTM is very beginner friendly but they should re-introduce the micro account

J
Josiah NGA
Dec 14, 2025

I just started trading with FXTM 5 months ago and ...

I just started trading with FXTM 5 months ago and its all good with affordable minimum deposit and fast MT5 platform, my only worry is that the spreads are a bit high

I see some comments here saying FXTM minimum depos...

I see some comments here saying FXTM minimum deposit is high, that has now changed. I just opened an account with FXTM and their minimum deposit in Nigeria is NGN 7,000 which is around $5. FXTM low minimum deposit and easy account opening (under 5 minutes) is what attracted me to them.

I used to trade with fxtm 3 years ago but after th...

I used to trade with fxtm 3 years ago but after the Nigerian government blocked their website I had to move on to another broker. FXTM also stopped offering the micro account which was loved by beginners, they have grown more and more distant from their consumer base

C
Chaka ZAF
Dec 7, 2025

This broker is for rich people, if you dont have m...

This broker is for rich people, if you dont have money dont near them. But their services are good, if you want to trade with them better open ECN Advantage account where the spread is more transparent.

Their fees are too high, whats going on FXTM? Dont...

Their fees are too high, whats going on FXTM? Dont you see what other brokers are doing, why are you being so ridiculous? I would have coped with the high spreads exceeding 2 pips but when I want to withdraw its just fee after fee after fee. The withdrawal fees are not even uniform

A very expensive broker to trade with, FXTM is def...

A very expensive broker to trade with, FXTM is definitely not meant for beginners, I can see why they discontinued the micro accounts. Their fees are simply too high; fees on deposits, fees on withdrawals, high spreads etc. With all the money they are charging one would expect better service and at least they should be on TradingView platform

Its difficult opening an account as the wait time ...

Its difficult opening an account as the wait time is long, every step of the pricess they tell you to wait 24 hours liike really? I had to move to another broker

O
Obinna NGA
Sep 23, 2024

FXTM minimum deposit is too high but you can trade...

FXTM minimum deposit is too high but you can trade Naira/USD currency pair with them & that is why i like them

FXTM

FXTM is a regulated broker that offers ECN Pricing on its MT4/5 Platforms

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