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FXTM account types
Every account type FXTM offers, with the minimum deposit and the terms, as recorded in the database.
Facts last checked . Read the full FXTM review.
Accounts
- Minimum deposit
- $30
- Account types
- Micro, Edge, Rewards, Rewards Plus, Advantage, Advantage Stocks, Demo
- Account currencies
- USD, EUR, GBP, AED, USC/EUC cent currencies on Micro
- Islamic account
- Yes
- Demo account
- Yes
- Professional account
- Yes
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes
What this means
FXTM runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GBP, AED, USC/EUC cent currencies on Micro. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about FXTM accounts
What account types does FXTM offer?
FXTM offers 7 account types: Micro, Edge, Rewards, Rewards Plus, Advantage, Advantage Stocks, Demo.
What is the minimum deposit at FXTM?
The minimum deposit at FXTM is $30. It can differ by account type and by the entity you register with.
Which base currencies does FXTM support?
FXTM accounts can be held in USD, EUR, GBP, AED, USC/EUC cent currencies on Micro. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
Accounts at brokers under the same regulator
- Exness accounts also licensed by FSC (Mauritius)
- HF Markets accounts also licensed by FSC (Mauritius)
- FP Markets accounts also licensed by FSC (Mauritius)
- AvaTrade accounts also licensed by FSCA (South Africa)
- Admirals accounts also licensed by FSCA (South Africa)