FXTM Account Types: Detailed Overview for Traders

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

What types of trading accounts are available at FXTM?

Below you will find a complete list of all account types available to traders on FXTM, with details on features and useful information for choosing.

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.