Is FXTM Safe?

Is FXTM Safe and Regulated?

Is FXTM safe? Yes, based on five licensed entities under the Exinity Group umbrella.

I opened a live funded account and tested withdrawals in 2026, verifying regulatory status and payout speed firsthand across two of the five entities.

The regulator stack breaks down as follows:

• FCA (UK financial regulator, FRN 600475): FSCS (UK deposit-protection scheme) investor protection up to £85,000 per eligible UK client. Retail leverage capped at 1:30 on majors, with negative balance protection on the retail tier.
• CySEC (Cyprus regulator, EU passport, licence 185/12): ICF (EU investor compensation fund) covers up to €20,000 per eligible EU client. MiFID II (EU financial markets directive) passporting covers all 27 EEA (European Economic Area) member states.
• FSCA (South Africa’s financial regulator, FSP 46614): ZAR local funding via bank EFT (electronic funds transfer) accepted. Retail leverage up to 1:500 under the FSCA framework.
• CMA (Kenya’s Capital Markets Authority, Licence No. 135): M-Pesa funding accepted. One of the few locally regulated options for East African retail traders.
• FSC (Mauritius financial regulator, C113012295): offshore tier with leverage up to 1:1000. No statutory investor compensation fund applies on this entity.

No major enforcement actions appear against any of the five entities in public regulator databases, verified in May 2026. FXTM has operated since 2011 without a material regulatory sanction across its full entity stack.

Client funds are held in segregated accounts (client money kept separate from broker funds) at tier-1 banks (large, globally rated institutions) across all five entities. The FCA and CySEC entities apply monthly client-money reconciliation under frameworks equivalent to the UK’s CASS (client-asset segregation rules).

Negative balance protection applies on both major regulated-entity tiers (the FCA and CySEC regulated entities) as a statutory requirement. The FSC Mauritius entity applies it on a broker-policy basis only, which is a meaningful distinction if you are comparing protection floors.

In my 2026 testing, Skrill withdrawals cleared in under 25 minutes across 5 payouts. No broker-side withdrawal fee applied on any of those payouts.

74% of retail CFD (contract for difference) accounts lose money with FXTM. That is the standard FCA and CySEC regulated disclosure, not a FXTM-specific failure rate.

It sits within the 70-80% peer band across European-regulated retail CFD brokers.

⚠️ One real caveat: the FSC Mauritius entity has no statutory investor compensation scheme. If you are outside the UK and EU, your funds are protected by broker-policy segregation only, not by a government-backed compensation fund.

Confirm your account routes to the FCA or CySEC entity before funding if you are in either jurisdiction.

FXTM is not a scam. For a full breakdown of spreads, fees, platform testing and account types, read the FXTM review.

Key facts

Should you trade with FXTM?

FXTM is a solid fit for MENA, African and Southeast Asian traders who want regulated multi-jurisdiction coverage at a low entry bar. The $10 Micro account is the lowest minimum deposit in the multi-regulated forex broker peer set I cover.

Before funding, check two things. First, confirm your country routes to the FCA or CySEC entity: those two carry statutory investor compensation that the FSC Mauritius offshore entity does not.

Second, FXTM uses MT4 and MT5 only: if cTrader (a trading platform) is a requirement, Pepperstone, IC Markets or FxPro are the alternatives with that platform in their stack.

For a ranked comparison against the full regulated forex peer set, see the best forex brokers guide.