FXOpen vs FXTM

FXOpen vs FXTM Comparison Table 2023
FXOpen	FXTM
Review 3.7	Review 4
Traders from US not accepted	Traders from US not accepted
FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.	FXTM is a top-rated forex and CFD broker. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ markets and three account types, they cater to all levels of trader.
Bonus Offer
	30% up to $100 via Exinity Ltd
Comment by Reviewer
	"FXTM is a good pick for forex traders seeking low fees, excellent market research and access to the familiar MetaTrader 4 platform."
Pros
Demo account MT4 integration Strong regulatory oversight Multiple payment methods Bonuses & trading contests Full range of investments Copy trading (global traders) Low minimum deposit (global traders)	Free educational materials and market insights Customer support in 30+ languages Negative balance protection Regulated by FCA & CySEC Multiple industry awards 1000+ financial assets Transparent pricing Beginner-friendly Copy trading Forex VPS
Cons
Inactivity fee	No ETFs or bonds Selection of stocks is not extensive Mediocre spreads on commission-free accounts Limited e-wallet payment options Withdrawal fees
Awards
Best ECN Broker 2012 - Masterforex-V Best Forex Broker in Australasia 2011 - World Finance Magazine Best Islamic Forex Broker 2011 - IB Times Trading Awards Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards Best Trading Platform 2010 - Falcon Awards	Best Trading Experience 2021 - World Finance Awards Best Online Leveraged Trading Services 2021 - Global Business Awards Best Forex Education Partner Nigeria 2021 - World Business Outlook Best Trading Experience 2020 - World Finance Awards Best ECN Broker 2020 - DayTrading.com
Instruments
Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares	Forex, CFDs, Indices, Commodities, Stocks
Demo Account
Yes	Yes
Minimum Deposit
$1 Global, £300 UK	$50
Payment Methods
Airtm Alipay Boleto Credit Card Debit Card Mastercard Netbanx Asia Neteller Skrill Trustly Visa WebMoney Wire Transfer Yandex Money	Bitcoin Payments Credit Card FasaPay GlobePay Google Wallet JCB Card M-Pesa Maestro Neteller PayRedeem Perfect Money QIWI Skrill UnionPay Visa WebMoney WeChat Pay Western Union WorldPay Yandex Money
Minimum Trade
0.01 Lot	0.01 lots
Regulator
FCA, CySEC, ASIC	CySEC, FCA, FSCA, FSC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	No
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS, Android & Windows
Auto Trading
Yes (EAs)	Yes, via FXTM Invest or EAs
Copy Trading
Yes	Yes
Copy Trading Platform
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade supported.	FXTM Invest is a popular copy trading app connecting clients to established investors with successful portfolios. Learn from traders with proven strategies in forex, stocks and more.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
Yes	Yes
Tournaments
Yes	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$5
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP AUD JPY CHF HKD RUB	USD EUR GBP PLN CZK NGN
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group New York Stock Exchange S&P 500	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group Nasdaq National Stock Exchange Of India S&P 500
Commodities
Gasoline Gold Oil Silver	Gold Natural Gas Oil Precious Metals Silver
CFD Trading
Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads	FXTM's CFD list includes forex, stocks, commodities and indices. The global entity also offers crypto CFDs. Leverage depends on jurisdiction, with rates up to 1:30 from its CySEC-regulated branch and a massive 1:2000 from its global entities.
Leverage
1:30 - 1:500 (varies by trading entity)	1:30 EU, 1:2000 Global
FTSE Spread
0.8	1.3 pts
GBPUSD Spread
0.2	0.3 (var)
Oil Spread
4.0	9 pts (var)
Stocks Spread
N/A	0.1% Var
Forex Trading
Trade major, minor & emerging forex pairs with 1:30 leverage	FXTM offers 60+ forex pairs plus 6 indices which track a basket of popular currencies. The brand's ECN accounts offers impressive spreads from 0 with low commissions from $0.40 to $2 per lot and commission-free spreads start from 1.5 pips.
Forex App
	FXTM deliver a great mobile trading experience. Fast, secure and easy-to-use, the app supports both MetaTrader 4 and 5 and delivers real time quotes, all trading execution types and full account maintenance. The charting facilities are also among the best of any mobile app. Download it today.
GBPUSD Spread
0.2	0.3 (var)
EURUSD Spread
0.2	0.1 (var)
EURGBP Spread
0.2	0.2 (var)
Assets
50+	50+
Currency Indices
	USD EUR GBP JPY AUD NZD
Cryptocurrency
Trade on 40+ cryptocurrency coins with 1:2 leverage (Pro clients only in UK).	Crypto trading not offered
Spread
Variable	Variable
Coins
BTC BCH ETH LTC ETC EOS DSH XRP IOT XMR NEO	BTC ETH LTC XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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