FXTM provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers.
Available accounts include the Micro Account (ideal for beginners traders), the Advantage Account (ideal for lower spreads), the Advantage Plus Account (ideal for casual traders), the Invest Account (optimized per copy trading), and the Islamic Account (swap-free for Muslim traders). Advanced traders and money managers can access the Professional Account, which offers higher leverage, lower margin requirements and additional benefits.
Each FXTM account type has distinct pricing models and offers platform compatibility across MT4 and MT5.
The availability of the FXTM account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at FXTM?
The FXTM account types are listed below.
- FXTM Demo account
- FXTM Micro account
- FXTM Advantage account
- FXTM Advantage Plus account
- FXTM Invest account
- FXTM Islamic account
- FXTM Professional account
FXTM Micro Account: Best for less-risk trading
The FXTM Micro Account is designed for less-risk trading and offers access to over 60 assets. It features floating spreads starting from 1.5 pips and requires a minimum deposit of $10 to open a live account. Leverage is available up to 1:30 under CySEC, FCA, and FSCA regulations, and up to 1:2000 under FSC regulation.
The features of the FXTM Micro Account are listed below.
- Availability: Under CySEC, FCA, FSCA, FSC.
- Markets: Forex, metals, commodities, forex indices, stock baskets (60+ assets in total).
- Commissions: Floating spread from 1.5 pips. Rollover fees may apply on open positions overnight.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, FSCA), up to 1:2000 (FSC).
- Account opening: Demo account is unlimited and the minimum deposit to go live is $10.
FXTM Advantage Account: Best for lower spreads
The FXTM Advantage Account is tailored for traders seeking lower spreads by providing access to over 250 assets It offers spreads from 0.0 pips with an average commission ranging from $0.40 to $2 based on volume. A minimum deposit of $200 is required to open a live account, with leverage up to 1:30 under CySEC, FCA, and FSCA regulations, and up to 1:3000 under FSC regulation.
The features of the FXTM Advantage Account are listed below.
- Availability: Under CySEC, FCA, FSCA, FSC.
- Markets: Forex, metals, commodities, indices, forex indices, stock baskets, stock CFDs, stocks (250+ assets in total).
- Commissions: You will be charged spreads from 0.0 pips and an average commission of $0.40 – $2 based on volume. Rollover fees on positions held open for consecutive days.
- Platforms: MT4, MT5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, FSCA), up to 1:3000 (FSC).
- Account opening: You can first try with an unlimited demo account and then switch to a live account with a minimum deposit of $200.
FXTM Advantage Plus Account: Best for casual traders
The FXTM Advantage Plus Account is suitable for casual traders. It features spreads starting from 1.5 pips without additional commissions and a minimum deposit of $200 is required to open a live account.
The features of the FXTM Advantage Plus Account are listed below.
- Availability: Under CySEC, FCA, FSCA, FSC.
- Markets: Forex, metals, commodities, indices, forex indices, stock baskets, stock CFDs, stocks (250+ assets in total).
- Commissions: Spreads from 1.5 pips; rollover fees.
- Platforms: MT4, MT5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, FSCA), up to 1:3000 (FSC).
- Account opening: Unlimited demo account; $200 minimum deposit for a live account.
FXTM Invest Account: Best for copy trading
The FXTM Invest Account is designed for copy trading and allows investors to follow and copy the strategies of experienced traders. It provides access to a wide range of assets, such as forex, metals, commodities, indices, stock CFDs, and stocks. Spreads start from 1.5 pips, and investors pay a fee to their Strategy Manager when a profitable trade is made. A minimum deposit of $100 is required to start with this account.
The features of the FXTM Invest Account are listed below.
- Availability: Under FCA, FSC.
- Markets: Forex, metals, commodities, indices, forex indices, stock baskets, stock CFDs, stocks (250+ assets in total).
- Commissions: Spreads on this account starts from 1.5 pips; holding a position for more days entails a rollover fee. You’ll also pay a fee to your Strategy Manager when they make a profitable trade.
- Platforms: FXTM Trader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (FCA), up to 1:2000 (FSC).
- Account opening: The minimum deposit to start with this account is $100.
FXTM Islamic Account: Best for Muslim traders
The FXTM Islamic Account is tailored for Muslim traders, adhering to Sharia law by not charging swap or rollover interest on overnight positions. It is available across various account types, including Micro, Advantage, and Advantage Plus.
The features of the FXTM Islamic Account are listed below.
- Availability: Under CySEC, FCA, FSCA, FSC.
- Markets: Forex, metals, commodities, indices, forex indices, stock baskets, stock CFDs, stocks (250+ assets in total).
- Commissions: The commissions depend on the account type selected. Also, you may find an additional fee replacing the swap fee.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:30 (CySEC, FCA, FSCA), up to 1:2000 (FSC).
- Special features: Swap-free trading.
- Account opening: Demo account is unlimited and the minimum deposit depends on the account type selected.
FXTM Professional Account: Best for professional traders
The FXTM Professional Account is intended for professional traders who meet specific eligibility criteria, offering higher leverage and access to the full range of FXTM’s trading instruments.
The features of the FXTM Professional Account are listed below.
- Availability: Under FCA.
- Markets: Forex, metals, commodities, indices, forex indices, stock baskets, stock CFDs, stocks (250+ assets in total).
- Commissions: Floating spreads only from 0.6 pips. If you wish to keep a position open overnight you will be charged rollover fees.
- Platforms: MT4, MT5.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:300.
- Special features: Market insights and tools including VPS hosting.
- Account opening: There is a minimum deposit of $500 to open this account.
How to compare the FXTM trading accounts?
The table to compare the FXTM trading accounts is shown below.
| FXTM Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| FXTM Micro Account | $10 | 1.5 | None | Yes | 1 micro lot |
| FXTM Advantage Account | $200 | 0.0 | $0.40 – $2 based on volume | Yes | 1 micro lot |
| FXTM Advantage Plus Account | $200 | 1.5 | None | Yes | 1 micro lot |
| FXTM Invest Account | $100 | 1.5 | Fee to Strategy Manager | Yes | 1 micro lot |
| FXTM Islamic Account | Depends on selected account type | Depends on selected account type | Depends on selected account type | No (Swap-Free) | 1 micro lot |
| FXTM Professional Account | $500 | 0.6 | None | Yes | 1 micro lot |
What are the requirements to open a FXTM account type?
The requirements to open a FXTM account are listed below.
- Contact requirements: The contact requirements of FXTM include a valid email address and a valid phone number
- Age requirements: The age requirement at FXTM is that you must be over 18 years old to open an account
- Legal requirements: The legal requirements at FXTM include complying with KYC laws by verifying your identity with documents such as a passport or utility bill.
- Minimum deposit requirements: FXTM minimum deposit to activate a live trading account is $10
- Regulatory requirements: The regulatory requirements at FXTM stipulate that you must be a resident in a country where the broker operates
- Knowledge requirements: The knowledge requirements at FXTM include answering questions about your trading experience and financial knowledge before accessing complex financial products.
Do FXTM account types charge inactivity fees?
Yes, FXTM account types charge inactivity fees. The fee is $5 per month after six months of inactivity or $10 per month after three months of inactivity, depending on the specific account terms, and it is only applied if the account has a positive balance.
Dormant accounts are defined as those with no trading activity for the specified period. FXTM notifies clients before deducting the fee and does not impose it on accounts with zero balances. To avoid this charge, clients must initiate at least one trade within the inactivity period.
FXTM fees do not apply to demo accounts under any circumstances. Demo accounts are trial accounts funded with virtual money, allowing traders to practice without financial obligations. Even if abandoned, these accounts incur no FXTM fees, as they are designed solely for learning and testing purposes
To learn more, read our FXTM review.