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FXTM Review for Malaysian Traders ()

FXTM (ForexTime) is a global forex and CFD broker offering multi-asset trading with flexible account options and popular platforms like MT4 and MT5.

Quick Summary

Regulation

FSC Mauritius,FSCA,FCA,CMA

Platforms

MetaTrader 4 (MT4) / MetaTrader 5 (MT5) / FXTM App

Minimum Deposit

200 USD

Spreads

0.0 pips

Islamic Account

Yes

1

About FXTM

FXTM is an established forex and CFD broker that supports different trading styles through a mix of account structures and platform options, including desktop and mobile trading. It also puts emphasis on trader support through research and educational content, while the exact products and conditions you get will depend on the FXTM entity that serves your region.

2

Regulation & Safety

FXTM operates under several reputable international regulators:

FSC Mauritius (Mauritius)
FSCA (South Africa)
FCA (United Kingdom)
CMA (Kenya)
3

Account Types

Advantage

A tight-spread account for active traders who don’t mind paying commission for sharper pricing.

  • Spreads: from 0.0 pips
  • Commission: from $3.5 per lot

Advantage Plus

A commission-free option for traders who prefer simpler cost structure with wider spreads.

  • Spreads: from 1.5 pips
  • Commission: No commission

Advantage Stocks

A dedicated account for trading US stocks only.

  • Spreads: from 2 cents
  • Commission: No commission
4

Spreads & Trading Fees

FXTM provides competitive spreads, especially on Ultra-Low accounts:

Major Pairs

  • EUR/USD0.1
  • AUD/USD0.5
  • GBP/USD2
  • NZD/USD4
  • USD/CAD0.6
  • USD/CHF0.5
  • USD/JPY0.6

Commodities

  • Brent6
  • Crude6
  • NatGas10
  • Sugar0.033
  • USAHO0.002
5

Trading Platforms

MetaTrader 4 (MT4)

  • Widely used for FX trading with a large indicator/EA ecosystem
  • Works well for automation and VPS-style setups
  • Lightweight desktop terminal plus mobile apps
  • Easy to find tools, templates, and community support

MetaTrader 5 (MT5)

  • More timeframes and order types than MT4
  • Improved strategy tester for backtesting/optimisation
  • Strong built-in charting and analysis tools
  • Better for multi-asset workflows in one platform

FXTM App

  • Mobile-first trading with simple order management
  • Quick access to accounts, positions, and key metrics
  • Designed for on-the-go monitoring and execution
  • Convenient for managing trades without a desktop terminal
6

Deposits & Withdrawals

FXTM provides fast and convenient funding methods for Malaysian traders:

Deposit Methods

  • Bank transfer (wire)
  • Credit/Debit cards
  • E-wallets
  • Local/online bank transfer methods
  • Cryptocurrency

Withdrawal Methods

  • Bank transfer (wire)
  • Credit/Debit cards
  • E-wallets
7

Pros & Cons

Pros

  • Multiple account structures (commission or no-commission)
  • MT4, MT5, plus FXTM App
  • Regulated in several regions
  • Low spread options on Advantage
  • Clear minimum deposits by account

Cons

  • Advantage accounts add commission
  • Some instruments may be region-restricted
  • Receiving time depends on banks/providers
  • High leverage increases risk quickly
8

Final Verdict

FXTM can suit Malaysian traders who want a choice between commission and no-commission pricing on MT4/MT5 (plus a dedicated mobile app), but you should confirm the exact entity, instrument availability, and total costs (spread + commission + swaps) before trading.