Brokers  /  FXTM

FXTM

Severe risk
🇬🇧 United Kingdom · 2-5 years · since 2022-02-11 · FXTM
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Independent ratingshow third parties score this broker
WikiFX1.49/10
Trustpilot/5
85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age4515%
Clone / impersonation10012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)7810%
Real-user sentiment708%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFXTM
Headquarters🇬🇧 United Kingdom
Founded2022-02-11
Years operating2-5 years
Employees0
Official websitefxtm.info
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
35, Lamprou Konstantara, FXTM Tower, Kato Polemidia, 4156, Limassol, Cyprus

Regulation & licenses · 2

RegulatorLicense typeLicense No.RegionStatus
CYSECMarket Making (MM)185/12Cyprus
FSCADerivatives Trading License (EP)46614South Africa

Review analysis AI

Across 1 recent Trustpilot reviews, 100% are 1–2 star.

0
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

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About FXTM

FXTM is a forex and CFD broker based in United Kingdom, with records dating to 2022-02-11. It reports oversight from CYSEC, FSCA.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full FXTM review