Forex.com vs FXTM 2026: Which Broker is Better?

Regulation & Safety

Forex.com is a well-established brokerage firm, founded in 1999, with its headquarters in Bedminster, USA. It is regulated by several top-tier regulatory bodies, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) in the USA, the Australian Securities and Investments Commission (ASIC), and the Monetary Authority of Singapore (MAS). This diverse regulatory oversight ensures a high level of protection and safety for client funds, with strict compliance to international financial standards.

FXTM, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by the FCA in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Sector Conduct Authority (FSCA) in South Africa. These regulators provide a robust framework for fund protection and operational transparency. However, FXTM does not accept clients from the USA, which may limit its appeal to North American traders.

Fees & Spreads

Forex.com offers competitive spreads starting from 0.8 pips with no commission charges on trades. The broker requires a minimum deposit of $100 and offers a maximum leverage of 1:200. While the spreads are not the tightest compared to some ECN brokers, Forex.com compensates with a commission-free trading environment and extensive market research tools, although traders should be aware of an inactivity fee.

FXTM, on the other hand, provides spreads starting from as low as 0.1 pips, with a commission of 0.5, making it an attractive option for traders looking for tighter spreads. The minimum deposit is notably low at just $10, and the maximum leverage offered is 1:2000, which is significantly higher than Forex.com. This high leverage option may appeal to experienced traders seeking to maximise their trading potential, though it poses greater risk.

Trading Platforms

Both Forex.com and FXTM support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, widely recognised for their comprehensive trading tools and user-friendly interface. Forex.com also offers proprietary web and mobile platforms, providing flexibility and a tailored trading experience. FXTM lacks proprietary platforms but compensates with a variety of account types to cater to different trader needs.

Who Should Choose Forex.com?

• Traders based in the USA looking for a CFTC-regulated broker.
• Those interested in a diverse range of markets, including cryptocurrencies.
• Investors seeking a broker with extensive market research offerings.
• Clients preferring a commission-free trading environment.

Who Should Choose FXTM?

• Traders looking for low minimum deposit requirements.
• Investors preferring tighter spreads even with commission charges.
• Clients interested in high leverage trading opportunities.
• Traders residing in Africa or Asia where FXTM is highly popular.

Our Verdict

For beginners, FXTM's lower minimum deposit and tighter spreads make it more accessible. For professional traders, Forex.com's comprehensive regulatory oversight and market research tools stand out. In terms of fees, FXTM's lower starting spreads give it an edge over Forex.com.