FXTM and Forex.com are online forex brokers that offer their trading services to traders and investors. FXTM is a regulated and trusted forex broker. It is regulated by multiple regulatory authorities including CySEC, CMA, FCA, FSCA, FSC-Mauritius. Similarly, Forex.com is also a regulated broker which is regulated by CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO. Both the brokers have their own strengths and weaknesses.
In this article, we will review and compare the brokerage services offered by FXTM and Forex.com. We will explore options such as regulations, reputations, fees, features, leverage, and more. Additionally, we will analyze and rate the brokers based on macro and micro categories and options. By reviewing these aspects, you will get a clear idea of which broker suits you best for your trading journey.
FXTM vs Forex.Com: In a Nutshell
FXTM
Founded in 2011, FXTM is a forex and CFD broker that offers online trading services globally. The broker is regulated by multiple regulatory authorities including ASIC, IIROC, FFAJ, MFSA, MAS, FCA, CFTC, NFA, BVI FSC. The broker has 10000+ trading instruments including forex, CFDs, Stocks, Commodities like gold, silver, and oil, and cryptocurrencies like Bitcoin, Litecoin, and Ethereum. The broker offers most popular trading platforms like MT4 and MT5. FXTM serves clients from over 150 countries and has over 45 industry awards for excellent services. To learn more, read our review about FXTM.
FXTM Overview
- Founded In: 2011
- Founder: Andre Dashin
- Headquarters: Mauritius
- Minimum Deposit: $10
- Maximum Leverage: 1:2000
- Regulations: FSC (Mauritius)
- Trading platform:MT4, MT5 and Mobile Trading
- Account Types: Micro, Advantage, Advantage Plus
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Alfa-Click, Bitcoin, CASHU, Dash, DixiPay, DusuPay, Ether/Ethereum, FasaPay, Globe Pay, Konnexone, Litecoin, Local Bank Transfers, Maestro, Neteller, Ngan Luong, PerfectMoney, Qiwi, Skrill, VLoad, Yandex Money
- US Traders: Not Accept
Forex.Com
Founded in 2001 as part of Gain Capital Holdings, Forex.com is a well-established forex and CFD broker offering online trading services to retail traders worldwide. With over 4,500 trading instruments, including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver, Forex.com is a major player in the industry. It is regulated by top authorities such as the FCA, DFSA, FSCA, FSA (Seychelles), CMA, and CySEC.
The broker provides popular trading platforms and tools like MT4, MT5, WebTrader, MobileTrader, TradingView, Capitalise.ai, Active Trader, VPS, and more. Forex.com is a wholly-owned subsidiary of StoneX, a NASDAQ-listed company with assets exceeding $7.1 billion, offering institutional-grade financial services networks that connect people to global markets.To learn more, you can read our review on Forex.com
Forex.com Overview
- Founded In: 2001
- Founder: Gain Capital
- Headquarters: United States
- Minimum Deposit: $50
- Maximum Leverage: 50:1
- Regulations:FCA, DFSA, FSCA, FSA(Seychelles), CMA, and CySEC
- Trading platform:Mobile App, Web Trader, Meta Trader 5
- Account Types: 2, (Standard, Raw Spread)
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, ACH Payments (echeck)
- US Traders: Accepted
FXTM vs : Forex.com Features
FXTM
- Trading Instruments: FX, Spot Metals, Index CFDs, Commodity CFDs, Cryptocurrency CFDs, Stock CFDs (only MT5)
- Maximum leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Minimum Deposit. 100 Euros, US dollars or British pounds
- Account Types: Two (Advantage and Advantage Plus
- Trading Fees: Trading fees (spreads and commissions) depend on account types. The minimum spread is 0.0 pips ($35 per million per side) for the Advantage account and 1.5 pips (No commission) for the Advantage plus account.
- PAMM/ MAM: Allowed
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Forex.com
- Trading Instruments: 4500+Trading instruments including forex, indices, stocks, cryptocurrencies, commodities, gold, and silver
- Maximum Leverage: The maximum leverage of forex.com is 50:1 for US clients, 30:1 for EU Clients, 400:1 for CMA clients, and 200:1 for Global clients.
- Minimum Deposit: $100
- Trading Fees: Starting from 1.2 pips spreads for Standard account or 7$per lot round trip for Raw account
- MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
FXTM vs Forex.Com: Pros and Cons
FXTM
- FXTM is regulated, and licensed by top-tier regulators (FCA (UK), CySEC, FSC, FSCA)
- Minimum deposit is $10
- The Maximum leverage is as high as 1:2000
- Ultra-low spreads starting from as low as 0 pips
- Offers Copy Trading & MAM Accounts
- A wide range of trading instruments
- Negative balance protection for EU Clients
- Over 30 Payment Methods
- Inactivity and withdrawal fees
- Does not support Myfxbook or ZuluTrader options for social trading
- No futures or options trading
- No negative balance protection for Non-EU Clients
- Most withdrawal options have a fee
- Large spread on standard Account
Forex.Com
- Regulated by NFA, FCA, ASIC, CySEC, IIROC, FSA, CIMA, MAS,
- Top-rated forex and CFD broker in the USA
- Free demo account for prospective traders
- Crypto Trading available on MT5 Trading Platforms
- Offers protection for U.K./E.U. client accounts
- VPS hosting for automated strategies
- Offers MAM account for passive investors
- Low forex fees, no FX commissions
- You can not deposit less than $100
- Maximum leverage is 1:50
- No account protection for U.S. clients
- An inactivity fee applied after 12 months of no account activity
- Non-user-friendly desktop platform
- Cannot buy and sell other securities (like stocks and bonds)
FXTM vs Forex.Com: Side-by-Side Comparison
FXTM Vs Forex.Com: Our Scores and Ratings
We rated both brokers, FXTM and Forex.Com, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
FXTM :
Forex.Com
Final Verdict :
Both FXTM and Forex.com offer similar trading services globally and are regulated forex brokers. The minimum lot size for both is as low as 0.1. However, there are some differences between them.
For example, FXTM is regulated by 5 regulatory authorities, including CySEC, CMA, FCA, FSCA, FSC-Mauritius, while Forex.com is regulated by 9 regulatory authorities, including CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO. The trading cost for FXTM is 1.5 pips advantage or commission $3.5 advantage plus, whereas Forex.com’s trading cost is 0.8 pips spread or commission $5.
FXTM cannot accept US clients as it is not regulated in the USA, while Forex.com, being a US-regulated forex broker, can accept clients from both the US and around the world.
Our score for Forex.com is 9, and for FXTM, it is 8.6 (according to our expert ratings, brokers that achieve a score of 8.00 or higher are considered safe and trustworthy).
Therefore, FXTM is most suited and trusted for non-US traders. However, if you are a US trader seeking a trusted and regulated forex broker, Forex.com is a perfect choice.
