Broker Overview
FXTM
FXTM (ForexTime) is a Cyprus-based international forex broker founded in 2011, recognized for comprehensive trading solutions, educational excellence, and strong regulatory compliance. Known for competitive trading conditions, extensive educational resources, and professional customer service across multiple jurisdictions with focus on trader development and market analysis.
FxPro
FxPro is a UK-established international forex and CFD broker founded in 2006, renowned for advanced platform technology, institutional-grade execution, and multi-regulatory presence. Specializes in providing professional trading platforms, competitive pricing, and sophisticated trading tools with focus on experienced traders and algorithmic trading strategies.
Regulation Comparison
FXTM Regulation
- CySEC (Cyprus) - EU Regulated
- FCA (UK) - Tier 1
- FSCA (South Africa)
- CMA (Mauritius)
FxPro Regulation
- FCA (UK) - Tier 1
- FSCA (South Africa)
- FSCA (South Africa)
- SCB (Bahamas)
Winner FxPro: Superior regulatory coverage with FCA, CySEC, and ASIC triple Tier-1 regulation plus additional jurisdictions providing more comprehensive client protection compared to FXTM's dual Tier-1 setup.
Account Types Comparison
FXTM Account Types
- Advantage
- Advantage Plus
- Advantage Stocks
Min Deposit: $10 (Cent), $100 (Standard), $500 (ECN), $200 (ECN Zero)
FxPro Account Types
- Standard Account
- Raw+ Account
- Elite Account
- cTrader Account
Min Deposit: $100
Winner FXTM: More accessible entry barriers with ultra-low Cent account ($10) and diversified account structure for different trading styles, compared to FxPro's uniform $100 minimum across all platforms.
Spreads & Execution
FXTM
- EUR/USD: 1.4 pips (Standard), 0.1 pips (ECN Zero)
- Execution: Market execution with STP/ECN models
- Commissions: None (Standard), $5 per lot (ECN Zero)
- Slippage: Minimal with professional execution
- Leverage: Up to 1:1000 (Global), 1:30 (EU)
FxPro
- EUR/USD: From 0.0 pips
- Execution: Hybrid NDD (Non-Dealing Desk) with Market Execution
- Commissions: $3.5 per side on Elite and Raw+ accounts
- Slippage: Advanced order filtering with high fill rates on cTrader
Winner FxPro: Superior Standard spreads (1.2 vs 1.4 pips), competitive Market execution (0.6 vs 0.1 pips), and lower cTrader commissions ($4.5 vs $5.0) provide better overall trading conditions across platforms.
Trading Platforms
FXTM Platforms
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- FXTM Trader Mobile App
FxPro Platforms
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
- FxPro Platform
Winner FxPro: Superior platform diversity with cTrader, proprietary FxPro Platform, API trading solutions, and advanced analytics tools providing more comprehensive trading infrastructure than FXTM's standard MetaTrader setup.
Deposits & Withdrawals
FXTM
- Methods: Credit cards, Skrill, Neteller, Perfect Money, bank wire
- Processing: Same day for e-wallets, 1-3 days for cards
- Fees: No deposit fees, standard withdrawal fees
- Local Support: Multiple regional payment solutions
FxPro
- Methods: Credit cards, PayPal, Skrill, Neteller, UnionPay, bank wire
- Processing: Same day for e-wallets, 1-2 days for cards
- Fees: No deposit fees, competitive withdrawal fees
- Local Support: PayPal, UnionPay, and regional banking solutions
Winner FxPro: Superior payment infrastructure with PayPal support, UnionPay integration for Asian markets, faster card processing (1-2 vs 1-3 days), and more comprehensive regional payment solutions.
Customer Support & Education
FXTM Support
Industry-leading 24/5 multilingual customer support with comprehensive educational programs. Extensive trading courses, webinars, market analysis, economic calendar, and professional trading resources. Strong focus on trader education and market research with dedicated regional support teams.
- • 24/5 multilingual support
- • Comprehensive education programs
- • Daily market analysis
FxPro Support
Professional 24/5 customer service with advanced trading resources. Market insights, technical analysis, educational webinars, and platform-specific training. Focus on professional trader support with institutional-grade analytics and advanced platform education for sophisticated trading strategies.
- • 24/5 professional support
- • Advanced trading resources
- • Institutional analytics
Winner FXTM: Superior educational ecosystem with more comprehensive trading courses, extensive webinar programs, daily market analysis, and beginner-friendly educational resources compared to FxPro's more technical professional approach.
Detailed Pros & Cons
FXTM
Pros
- Ultra-low entry barriers ($10 Cent account)
- Industry-leading educational resources
- Comprehensive account variety
- Strong EU regulation (CySEC/FCA)
- Daily market analysis and research
- Higher leverage options (1:1000)
Cons
- Wider Standard spreads (1.4 pips)
- Higher ECN commissions ($5 vs $4.5)
- Limited platform innovations
- No proprietary platform technology
FxPro
Pros
- Tighter Standard spreads (1.2 pips)
- Superior platform diversity (cTrader, Edge)
- Triple Tier-1 regulation (FCA/CySEC/ASIC)
- PayPal payment support
- Advanced execution technology
- Institutional-grade analytics
Cons
- Higher minimum deposits ($100 uniform)
- No Cent account for beginners
- Less comprehensive beginner education
- Lower maximum leverage (1:500)
Trading Costs Breakdown
| Currency Pair | FXTM Advantage | FXTM Advantage Plus | FxPro Standard | FxPro Raw+ |
|---|---|---|---|---|
| EUR/USD | 0.0 - 0.1 pips + $4 | 1.5 pips | 1.2 pips | 0.0 - 0.2 pips + $3.5 |
| GBP/USD | 0.2 - 0.4 pips + $4 | 2.0 pips | 1.5 pips | 0.3 - 0.5 pips + $3.5 |
| USD/JPY | 0.1 - 0.3 pips + $4 | 1.7 pips | 1.4 pips | 0.2 - 0.4 pips + $3.5 |
| AUD/USD | 0.2 - 0.5 pips + $4 | 1.8 pips | 1.6 pips | 0.3 - 0.6 pips + $3.5 |
Winner FxPro: Consistently tighter spreads across Standard accounts (1.2 vs 1.4 pips) and competitive Market execution providing better overall trading costs for most retail traders without commission structures.
Leverage & Risk Management
FXTM Leverage
- Global Clients: Up to 1:2000
- EU Clients: Up to 1:30 (ESMA regulations)
- Requirements: Account verification and compliance
- Risk Management: Professional risk controls and negative balance protection
FxPro Leverage
- Global Clients: Up to 1:500
- EU/UK Clients: Up to 1:30 (ESMA/FCA regulations)
- Requirements: Standard regulatory compliance
- Risk Management: Advanced risk monitoring and negative balance protection
Winner FXTM: Higher maximum leverage (1:1000 vs 1:500) provides greater trading flexibility for global clients, though both maintain excellent risk management protocols and regulatory compliance frameworks.
Execution Technology & Performance
FXTM Technology
- Execution Model: STP/ECN with market execution
- Speed: Professional order processing
- Liquidity: Multiple tier-1 liquidity providers
- Infrastructure: Reliable trading infrastructure with global servers
FxPro Technology
- Execution Model: NDD/STP with institutional liquidity
- Speed: Advanced execution with ultra-low latency
- Liquidity: Deep institutional liquidity pools
- Infrastructure: Institutional-grade server infrastructure and co-location
Winner FxPro: Superior execution technology with institutional-grade infrastructure, advanced NDD model, ultra-low latency processing, and deeper institutional liquidity providing better execution quality than FXTM's standard STP setup.
Instrument Coverage & Markets
FXTM Coverage
- Forex Pairs: 60+ currency pairs
- Metals: Gold, Silver, Platinum, Palladium
- Energies: Oil, Natural Gas
- Indices: Major global stock indices
- Stocks: Popular US and European shares
- Commodities: Agricultural and soft commodities
FxPro Markets
- Forex Pairs: 70+ currency pairs
- Metals: Gold, Silver, Copper, Platinum, Palladium
- Energies: Oil, Natural Gas, Gasoline
- Indices: Comprehensive global index coverage
- Stocks: 100+ shares from major exchanges
- Commodities: Agricultural and commodity futures
- Futures: Various commodity and index futures
Winner FxPro: Superior instrument diversity with more forex pairs (70+ vs 60+), expanded metal selection including copper, comprehensive stock coverage (100+ vs limited), and futures trading capabilities providing better market diversification.
Final Verdict & Recommendations
For Trading Education
FXTM - Comprehensive courses and daily market analysis
For Platform Technology
FxPro - cTrader, Edge, and institutional analytics
For Regulation Coverage
FxPro - Triple Tier-1 regulation worldwide
For Beginner Traders
FXTM - Cent accounts and educational resources
For Trading Costs
FxPro - Tighter spreads and competitive pricing
For High Leverage
FXTM - Up to 1:1000 maximum leverage
Overall Recommendation:
FXTM wins for: Beginner-friendly features with ultra-low entry barriers (Cent accounts), comprehensive educational programs, extensive daily market analysis, higher leverage options (1:1000), and strong focus on trader development with multilingual support
FxPro wins for: Professional execution technology with institutional-grade infrastructure, superior platform diversity (cTrader/Edge), triple Tier-1 regulation, tighter spreads across all accounts, advanced analytics tools, and comprehensive market coverage including futures
Bottom Line: Choose FXTM for educational excellence and beginner accessibility with comprehensive learning resources, choose FxPro for professional execution quality and advanced platform technology with institutional-grade trading infrastructure. Your experience level and platform preferences determine the optimal choice.