FXTM regulation & licences
Licences on record 5
1 Tier 1 — top-tier regulation
2 Tier 2 — strong regulation
3 Tier 3 — moderate regulation
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
FXTM is a forex & CFD broker founded in 2011 and headquartered in Cyprus. ForexTime / Exinity Group.
In our database FXTM is matched to 5 licences from FCA, CySEC, FSCA, CMA (Kenya) and FSC (MU). Most importantly, the FCA (United Kingdom) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.
FXTM's licences span very different levels of protection — from FCA and CySEC to CMA (Kenya) and FSC (MU). The entity you are assigned to normally depends on your country of residence; if you live outside the jurisdictions of its stronger licences, expect to be onboarded to an offshore entity.
Depending on the entity, eligible clients may be covered by FSCS (FCA) and Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under FCA and CySEC rules. Retail leverage caps apply at the FCA, CySEC and CMA (Kenya)-regulated entities (for example 30:1 on major FX pairs at FCA).
FXTM supports MT4, MT5 and its own proprietary platform. The advertised minimum deposit starts from about US$10 — minimums often vary by account type and entity.
Regulatory strengths
- Licensed by 1 tier-1 regulator (FCA)
- Operating for about 15 years
- Compensation scheme available at FCA and CySEC entities
- Negative balance protection required at some entities
Points to check
- International clients may be onboarded to offshore entities (CMA (Kenya) and FSC (MU))
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 FCA | FSCS — up to £85,000 per eligible client per firm | 30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices) | Required for retail clients | Financial Ombudsman Service (FOS) |
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
| 2 FSCA | No compensation scheme; FAIS Ombud handles complaints | No statutory retail leverage cap | Not a regulatory requirement | FAIS Ombud |
| 3 CMA (Kenya) | No dedicated compensation scheme for online forex clients confirmed | Maximum 400:1 | Not confirmed — check with the broker | CMA complaints |
| 3 FSC (MU) | No compensation scheme | No statutory cap | Not a regulatory requirement | Office of the Ombudsperson for Financial Services |
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FXTM regulation FAQ
Is FXTM regulated?
Yes — in our database FXTM is matched to 5 licences: FCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), CMA (Kenya) (Kenya) and FSC (MU) (Mauritius). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is FXTM a tier-1 regulated broker?
FXTM holds 1 licence from regulators we classify as tier 1: FCA.
Does FXTM accept US clients?
FXTM is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so FXTM generally cannot accept US retail forex clients.
Is my money protected with FXTM?
Clients of FXTM's FCA and CySEC-regulated entities may be eligible for statutory compensation (FSCS — up to £85,000 per eligible client per firm; Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
What is the minimum deposit at FXTM?
FXTM's advertised minimum deposit starts from about US$10. It can differ by account type, payment method and the entity you are onboarded to.
How can I verify FXTM's licence?
Find the company name and licence number in FXTM's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.