About FXTM
What works — and what doesn't
Pros
- High leverage
- Free education
Cons
- Fees can be high for some accounts
What traders say 9
Good for experienced traders
FXTM works well for experienced traders who know how to manage risk. The ECN account offers competitive spreads. Beginners should be cautious with the high leverage.
Solid all-around broker
FXTM offers a good balance of features for both beginners and experienced traders. The platform is reliable and the account options are flexible.
Excellent for learning traders
As a relatively new trader, FXTM has been perfect. The educational resources are unmatched and the Micro account lets me trade with small amounts while learning.
Mixed feelings
FXTM has good points but also some drawbacks. The educational materials are great, but the spreads on some accounts are higher than competitors. Customer service can be slow.
Great educational resources
FXTM really shines with its educational content. The webinars and courses helped me improve my trading significantly. The platform itself is solid.
Outstanding educational platform
FXTM offers the best educational resources I have seen, with daily webinars and free courses that actually help you improve.
Good, with some reservations
The platform is solid and execution is fast, but the extremely high leverage can be dangerous for inexperienced traders.
Excellent for both beginners and pros
FXTM offers a wide variety of account types to suit all experience levels, backed by an impressive educational library and multilingual support.
Solid broker for beginners
FXTM offers excellent educational resources and the onboarding process was smooth. The high leverage is a double-edged sword though.