FXOpen vs FXTM - Forex Broker Comparison (April 2026)
Head-to-head comparison of FXOpen and FXTM. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed April 2026.
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FXOpen
True ECN Forex & CFD Broker Since 2005
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FXTM
Global Forex & CFD Broker with Ultra-High Leverage
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| Overview | ||
| Trustpilot Rating | 3.7 | 2.4 |
| Trustpilot Reviews | 448 | 1,075 |
| Headquarters | United Kingdom | Mauritius |
| Founded | 2005 | 2011 |
| Best For | Low Spreads Scalping Algo Trading Day Trading Copy Trading Low Deposit High Leverage Swing Trading News Trading Hedging Zero Spread No Commission Professional | High Leverage Low Spreads Beginners Education Copy Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | ||
| Regulation | FCA (UK) CySEC (Cyprus) | FCA (UK) FSC (Mauritius) FSCA (South Africa) CMA (Kenya) SCA (UAE) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to £85,000 under FSCS (UK), Up to €20,000 under CySEC ICF | Up to GBP 85000 under FCA FSCS; Up to USD 1000000 Lloyds insurance (Mauritius entity) |
| Trading Costs | ||
| Min Spread | From 0.0 pips (ECN), From 1.1 pips (STP) | From 0.0 pips (Advantage), From 1.5 pips (Advantage Plus) |
| Commission | From $1.50/lot/side (ECN Elite) to $3.50/lot/side (ECN Basic), None (STP) | $3.50/lot (Advantage), None (Advantage Plus) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | $10/month after 90 days of inactivity | $10/month after 3 months inactivity |
| Deposit/Withdrawal Fees | Bank wire $30-50 withdrawal. Card withdrawals free up to £1000. E-wallets 0.5-1%. Crypto network fees only | Deposits free over $30. Withdrawals: Bank wire EUR 30, Cards EUR 2, FasaPay 0.5%, WebMoney 2% |
| Trading Conditions | ||
| Max Leverage | 1:500 (Global), 1:30 (EU/UK retail) | 1:3000 (Mauritius), 1:400 (Kenya), 1:30 (UK retail) |
| Min Deposit | $1 (Micro), $10 (STP), $100 (ECN) | $50 (Edge), $200 (Advantage/Advantage Plus) |
| Execution Type | ECN | ECN |
| Stop Out Level | 50% | 50% |
| Margin Call Level | 100% | 80% |
| Instruments | 55+ Forex 600+ Stocks 12 Indices 15 Commodities 3 Metals 3 Energies 40+ Crypto 33 ETFs | 47 Forex 600+ Stocks 18 Indices 10 Commodities 3 Metals 4 Energies 17 Crypto ETFs |
| Currency Pairs | 55 | 47 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 TradingView | MetaTrader 4 MetaTrader 5 |
| Mobile App | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes |
| Education | Market Analysis Articles Trading Guides Video Tutorials Glossary | Webinars Video Tutorials eBooks Beginner Guides Trading Articles Demo Accounts |
| Account & Support | ||
| Account Types | Micro STP ECN PAMM ECN Islamic Demo | Edge Advantage Advantage Plus Islamic Demo |
| Payment Methods | Credit/Debit Cards (Visa Mastercard) Bank Wire FasaPay WebMoney Crypto (Bitcoin USDT Ethereum Litecoin) | Credit/Debit Cards Bank Wire Skrill Neteller FasaPay WebMoney Perfect Money Google Pay |
| Withdrawal Speed | Same day (e-wallets/crypto), 2-5 days (cards), 3-5 days (bank wire) | Same day (e-wallets), 1-3 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/5 | 24/5 Live Chat, Email, Phone |
FXOpen
FXTM