FXTM Account Types: List & Characteristics (2023)

filippo ucchino Filippo Ucchino calendar Last Updated: December 2022 timer 6 Min Read

FXTM offers a good number of account types:

  • FXTM Demo account
  • FXTM Micro account
  • FXTM Advantage account
  • FXTM Advantage Plus account
  • FXTM Invest account
  • FXTM Islamic account
  • FXTM Professional account
Table of Content

FXTM account types: Full list and features

FXTM (81% of retail CFD accounts lose money) has several branches to operate worldwide and you may find some financial instruments and features unavailable such as limited leverage up to 1:30 for retail clients in the UK.

Also, if you are residing in the EU, you must be a professional trader to open an account with FXTM.

FXTM Micro account: Best for less-risk trading

  • 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.
  • Platforms:
  • 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

  • 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 1:2000 (FSC).
  • Account opening: You can first try with an unlimited demo account and then switch to a live account with a minimum deposit of $500.

FXTM Advantage Plus account: Best for casual traders

  • 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 1:2000 (FSC).
  • Account opening: Unlimited demo account; $500 minimum deposit for a live account.

FXTM Invest account: Best for copy trading

  • 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

  • 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.
  • Platforms:
  • 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

  • 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.

What happens to inactive FXTM trading accounts?

After 6 consecutive months of no trading activity, your account is considered dormant or inactive.

A monthly fee of $5 is charged until your balance runs out. When your balance reaches zero, FXTM reserves the right to close your account.

You can log in and place a trade to reactivate your account. If it’s already been closed then you have to create a new one. Either way, you should contact customer service and follow their instructions.

To learn more, read our FXTM review.


About The Author

Filippo Ucchino

Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

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