Best FXTM Alternatives

filippo ucchino Filippo Ucchino calendar Last Updated: March 2022 timer 4 min read

Forex Time, or FXTM, is a newer entrant into the CFD trading scene that was launched in 2011 and swiftly climbed up the ranks to become a popular platform for traders of all types as we have explained in our FXTM review.

Although FXTM is a preferable choice for many traders, every trader has his/her own peculiar trading approach. That’s why they may look for the best alternative to FXTM.

We will analyze different aspects of brokers while looking for best alternative brokers to FXTM.

Before diving into the top 10, here’s a resuming chart for let you know why we have chosen these brokers as alternative:

FXTM alternatives Alternative for Minimum Deposit
Plus500 Unlimited demo account, CFD assets and proprietary platform $100
Admiral Markets Low spreads, real assets trading $100
AvaTrade Spread Betting, fixed spreads $100
XM Low spreads, Great Education section $5
FxPro Lower spreads and unlimited demo account $100
Markets.com Spread Betting, real shares trading $250
Pepperstone Scalping, Spread Betting $200
Forex.com Regulation in the USA and Canada, fixed spreads on commodities $100
Trading 212 Real stocks and ETFs trading $1
FBS Low spread and Great account types $1

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Table of contents

FXTM Scalping and Low Spread Alternatives

If you are a scalper, and wondering how you can find the low spread alternatives of FXTM. Before going any further, checkout our list of top 10 low spread forex brokers.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Avg Spreads EUR/USD
Admiral Markets $100 ($1 Invest) 0.1 pips
XM $5 0.1 pips
FxPro $100 0.31 pips
Pepperstone $200 0.13 pips
FBS $1 0 pips

FXTM Spread Betting Alternatives

Don’t want to own underlying assets with FXTM? You can find the best alternative of spread betting forex brokers in the UK.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Minimum Bet
AvaTrade $100 0.10 points
Markets.com $250 N/A
Pepperstone $200 0.2£

FXTM Real Assets Alternatives

FXTM allows you to hold real assets like real stocks. But maybe you are having second thoughts. So, here you can find FXTM real assets alternatives.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Real stocks and ETFs
Admiral Markets $100 ($1 Invest) Yes
Markets.com $250 Only Stocks
Trading 212 $1 Yes

FXTM CFD Assets Alternatives

With low spreads and no commission account, owning CFDs with FXTM has its perks. You can also take a look at the FXTM CFD assets alternatives.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Number of CFD Assets
Admiral Markets $100 ($1 Invest) 5000+
Forex.com $100 300+, including 200+ shares

FXTM Unlimited Demo Account Alternatives

Want to try your trading skills without losing money? You can try them on FXTM’s demo account. Moreover, you can also look for the top 10 forex brokers with the best demo account.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Demo Trial Minimum Deposit for a live account
Plus500 Unlimited $100
FxPro Unlimited $100

Choosing a FXTM Alternative: Main perks and characteristics

FXTM’s creative environment is appropriate for practically every trader, with a low minimum deposit requirement, a wide range of payment methods and account types, social trading features, and a revolutionary Pivot Point tool.

FXTM main perks are:

  • Minimum deposit starting from $10
  • low spreads starting from 0 pips
  • The Advantage account has one of the lowest commission in the industry
  • Dedicated copy trading platform, FXTM Invest
  • You have the possibility to trade real assets, even if it’s not available for all traders
  • Great account choice
  • Unlimited demo account

For more information on FXTM, you can have a look at the FXTM review.

What is FXTM Missing?

Although the broker offers a plethora of features, still it lags behind some of the best forex brokers in the industry. In fact FXTM is missing a number of features and services:

FXTM Alternatives Comparison

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

FXTM alternatives Minimum Deposit CFD Assets Real Assets Raw Spreads from 0 pips Copy Trading Execution
FXTM $10 Yes Yes Yes Yes ECN but also non-ECN account
Plus500 $100 Yes No No No Market Maker
Admiral Markets $100 ($1 Invest) Yes Yes No No ECN/STP
AvaTrade $100 Yes No No Yes Market Maker
XM $5 Yes No Yes No Market Maker
FxPro $100 Yes No Yes No NDD
Markets.com $250 Yes Yes No No Market Maker
Pepperstone $200 Yes No Yes Yes ECN/STP
Forex.com $100 Yes No No No STP/Market Maker
Trading 212 $1 Yes Yes No No Market Maker
FBS $1 Yes No Yes Yes ECN/STP

FXTM Alternatives FAQ

Which is FXTM’s best alternative?

FXTM’s best alternative is Plus500. Taking into consideration specific features, for scalping is XM, for spread betting is AvaTrade, for real assets and CFD trading is Admiral Markets, for unlimited demo account is Plus500.


74-89% of retail CFD accounts lose money

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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