In this article we have grouped the best alternatives to FXTM.

You will be able to find both similar brokers and brokers offering different services than FXTM.

What are the best alternative brokers and platforms to FXTM?

The best alternatives to FXTM include similar brokers that are listed below:

  1. HFM
  2. Pepperstone
  3. eToro
  4. FBS
  5. IC Markets
  6. Fusion Markets
  7. FP Markets
Open Account
70.51% of retail investor accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web
Regulations: MIFID-ESMA, CYSEC, FSA (Seychelles)
Minimum Deposit:
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC, SCB (Bahamas)
Minimum Deposit:
Open Account
51% of retail CFD accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, MIFID-ESMA, ASIC, SEC, CYSEC, Offshore, FSA (Seychelles)
Minimum Deposit: 50
Open Account
74-89% of retail CFD accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: MIFID-ESMA, ASIC, CYSEC, IFSC (Belize)
Minimum Deposit: 5
Open Account
74-89% of retail CFD accounts lose money
Platforms: cTrader desktop, cTrader web, Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web
Regulations: ASIC, CYSEC, FSA (Seychelles), SCB (Bahamas)
Minimum Deposit:
Open Account
(Your capital is at risk)
Platforms: cTrader desktop, cTrader web, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Web Platform, MAC Platforms
Regulations: ASIC, FSA (Seychelles), VFSC (Vanuatu)
Minimum Deposit:
Open Account
74-89% of retail CFD accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, Proprietary Desktop Platform, MAC Platforms
Regulations: MIFID-ESMA, ASIC, FSCA, CYSEC
Minimum Deposit: 100

What is the most similar broker to FXTM?

The most similar broker to FXTM is HFM.

Both FXTM and HFM have established a strong presence in African countries, highlighted by winning multiple forex awards in the region.

Additionally, both FXTM and HFM offer competitive trading conditions, with spreads starting from 0 pips.

They also both provide access to the MT4 trading platform.

For a deeper understanding of the similarities between FXTM and HFM, read our FXTM review and our HFM review.

What are the best alternatives to FXTM by category?

You can find other brokers similar to FXTM according to a specific feature.

Some specific features of FXTM and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from FXTM?

FXTM does not provide some services or does not have some characteristics that other brokers have.

The features that FXTM does not have and rankings of the best brokers that have that feature are listed below: