FXTM is an online broker that offers trading on forex, CFD, Indices, commodities, and more. The broker offers a spread as low as 0.0 pip on Major Pairs. It also facilitates commission-free trading with a micro account.
However, if you are looking for an alternative broker that offers similar or better service, you are in the right place. In this article, we have dedicated our time, resources, and experience to prepare a list of forex and CFD Brokers that can serve as alternatives to FXTM
What is FXTM?
FXTM is a top tire-regulated Online broker. The Broker offers a wide range of trading instruments on its MT4, MT5, and cTrader platforms.FXTM was founded in 2011. Over the years, the broker has become a global leader with premium services across several countries.
- Founded In: 2010
- Minimum Deposit: No minimum deposit
- Maximum Leverage: Up to 30:1 (ASIC, CySEC, FCA, BaFin & DFSA Retail), 200:1 (SCB retail), 400:1 (CMA retail), and 500:1 (Professional); varies by jurisdiction and client categorization
- Regulations: FCA, ASIC, CySEC, BaFIN, DFSA, CMA, and SCB
- Trading Platforms: MT4, MT5, cTrader, TradingView, and Own Trading Platforms
- Trading Instruments:1350+ CFD instruments, including Forex, Commodities, Indices, Currency Indices, Cryptocurrencies, Shares, ETFs, and CFD Forwards.
- Founded In: 2017
- Minimum Deposit: $1000
- Maximum Leverage: 1:500
- Regulations : ASIC, VFSC, and FSA
- Trading Platforms : MT4, MT5, cTrader
- Trading Instruments: Forex, Metals, Indices, Energy & Soft Commodities, Cryptocurrency, US Share CFDs
- Founded In: 2005
- Minimum Deposit: 100 AUD or equivalent.
- Maximum Leverage: 500:1
- Regulations: ASIC, CySEC, SVGFSA, FSCA
- Trading Platforms : MT4, MT5, cTrader, WebTrader, IRESS
- Trading Instruments: Forex, Shares, Metals, Commodities, Indices, Digital Currencies, Bonds, ETFs
- Founded In: 2014
- Minimum Deposit: $0
- Maximum Leverage: 1:500
- Regulations : FCA, ASIC, NFA, or CySEC.
- Trading Platforms : MT4,MT5, Ctrader ,Tradingview, Copytrader
- Trading Instruments: Forex ,Share, CFDs and Commodities
- Founded In: 2009
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Regulations : ASIC,FCA, CySEC, SCB
- Trading Platforms : MT4, MT5, TradingView, Webtrader
- Trading Instruments: Forex,Commodities,Indices,Shares,Crypto
- Founded In: 2009
- Minimum Deposit: $5
- Maximum Leverage: 1000:1
- Regulations :FSC
- Trading Platforms : MT4, MT5
- Trading Instruments: Forex , Commodities, Stock ,Indices , Crypto , Turbo Stocks Equity indices , Precious Metals , Energies
- Founded In: 2008
- Minimum Deposit: $200
- Maximum Leverage: 1:2000
- Regulations :FSA,CBCS,FSC,FSCA, Cysec,FCA,CMA
- Trading Platforms :MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile, Exness Trade App , Exness Terminal
- Trading Instruments: Forex , Commodities, Stock ,Indices , Crypto
- Founded In: 2012
- Minimum Deposit: $1
- Maximum Leverage: 1:3000
- Regulations : FSA, Cysec, FSCA, FSC
- Trading Platforms :MT4, MT5
- Trading Instruments: Forex, CFDs, Gold, Oil
- Founded In: 2014
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Regulations : FCA, CySEC, FSA, FSA (Labuan), and FSCA.
- Trading Platforms : MT4, MT5, WebTrader Platform, MetaTrader for Mac , Tickmill Mobile App
- Trading Instruments: Forex , Stock Indices, Commodities,Bonds, Cryptocurrencies, Stocks
- Founded In: 2010
- Minimum Deposit: $0 (Standard Account), $500 (ThinkZero account)
- Maximum Leverage: 500:1
- Regulations : ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA
- Trading Platforms : MT5, ThinkTrader, ThinkCopy
- Trading Instruments: Forex, cryptocurrencies, shares CFDs, indices, metals, and commodities.
A List of FXTM Alternatives for 2026
- Pepperstone: Best Overall Broker
- ActivTrades: Best for EU Traders
- FP Markets: Best for High-Volume Trading
- Eightcap: Best for Smart Trading Tools
- ThinkMarkets: Best for Gold Trading
- IC Markets: Best for Tight Spreads
- AvaTrade: Best Market Maker Broker
- FBS: Best for High Leverage
- Exness: Instant Deposit and Withdrawal
- XM: Best for Deposit Bonus
FXTM Alternatives Comparison Table (FXTM with Competitors)
- Founded In: 2010
- Minimum Deposit: $0, Recommended: $200
- Maximum Leverage: 500:1
- Regulations: FCA, ASIC, CySEC, SCB, FSA
- Trading Platforms : MT4, MT5, cTrader, DupliTrade, TradingView
- Trading Instruments: Forex, CFD, Crypto CFD, and More
- Founded In: 2007
- Minimum Deposit: $200
- Maximum Leverage: 1:500
- Regulations: ASIC, CySEC, SCB, FSA, FSCA,
- Trading Platforms: MT4, MT5, Ctrader, Trading Central.
- Trading Instruments: Forex, CFD, Crypto CFD, and More
- Founded In: 2009
- Minimum Deposit: $5
- Maximum Leverage: 1000:1
- Regulations: ASIC, CySEC, FSC, DFSA
- Trading Platforms: MT4, MT5, XM App
- Trading Instruments: Forex, CFD (Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities)
- Founded In: 2007
- Minimum Deposit: $50
- Maximum Leverage: 30:1 EU, 50:1 USA
- Regulations: SEC, FINRA, FCA, CySEC, FSA-S, SIPC,
- Trading Platforms: eToro Trading Platforms
- Trading Instruments: Forex, Cyptos, CFDs Stocks, Indices, ETFs, Currencies, Commodities, Cryptoassets.
- Founded In: 2009
- Minimum Deposit: $5
- Maximum Leverage: 3000:1
- Regulations: ASIC, CySEC, FSC,
- Trading Platforms : MT4, MT5, WebTrader, FBS Trader
- Trading Instruments: Forex, Cryptos, CFDs (Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities)
- Founded In: 2005
- Minimum Deposit: 100 AUD or equivalent.
- Maximum Leverage: 500:1
- Regulations: ASIC, CySEC, SVGFSA, FSCA
- Trading Platforms : MT4, MT5, cTrader, WebTrader, IRESS
- Trading Instruments: Forex, Cryptos (Bitcoin, Litecoin, Ethereum), CFDs
- Founded In: 2012
- Minimum Deposit: $1
- Maximum Leverage: 1:3000
- Regulations: Cysec, FSC, FSA-S, FSCA,
- Trading Platforms : MT4, MT5, MobileTrader (MobileApp)
- Trading Instruments: Forex, Cryptos, CFDs (Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil)
Top 10 Alternatives of FXTM for 2026 (Reviewed and Tested)
2. ActivTrades
Founded in 2001, ActivTrades is a well-established forex and CFD broker that provides services to both retail and institutional traders worldwide. Founded by Alex Pusco as a stock brokerage in Switzerland in 2001, the company relocated to London in 2005. The broker introduced MetaTrader 4 in 2007 and expanded its offerings to include CFDs on indices and commodities in 2008. Today, ActivTrades offers over 1,000 trading instruments across seven asset classes, including forex, shares, indices, cryptocurrencies, ETFs, commodities, bonds, and more.
1. Pepperstone
Having been in operation for over a decade, Pepperstone is one of the top brokers on the internet today. It is regulated across 7 jurisdictions, including top regulators like FCA, ASIC, CySEC, etc. Powered by modern technological infrastructure, Pepperstone boasts swift trade executions, a deep liquidity pool, and advanced platforms.
The broker has an in-house team of analysts who prepare the daily market analysis and webinars. Tools like ‘smart trader tools,’ cTrader Automate, etc are provided at no extra cost to the trader.
Pros
- Regulated in 7 Reputed Jurisdictions (FCA in the UK, CySEC in Cyprus, ASIC in Australia, BaFin in Germany, DFSA in Dubai, CMA in Kenya, and SCB in the Bahamas)
- Fast order execution (fast execution on an average of 30 ms)
- Competitive spread starting from 0.0 pips
- Segregated clients’ funds with a tier 1 bank
- There is no minimum deposit
Cons
- Traders from certain countries like the USA are not accepted.
- Pepperstone Demo accounts expire after 60 days.
- There is no comprehensive trading academy for newbies.
- Bank fees on International bank withdrawals are transferred to clients.
