FXPesa vs FXTM
| FXPesa Review 2023 | FXTM Review 2023 |
|---|---|
1.5
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4
|
 Traders from US not accepted
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Traders from US not accepted
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FXPesa offers forex and CFD trading from its headquarters in Kenya. |
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% deposit bonus up to $150 | 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 | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Stocks, CFD, Forex | Forex, CFDs, Indices, Commodities, Stocks |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $10 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $0 | 0.01 Lots |
| Regulator | |
| CMA | CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius) |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| MT4, FXPesa Trader | iOS, Android & Windows |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | FXTM Invest plus Expert Advisors (EAs) on MetaTrader |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| 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 | |
| No | Yes |
| Trade Signals | |
| MT4 | Yes |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| USD/EUR/GBP 5 per month | |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade leveraged CFDs on popular financial assets, including indices and commodities. | 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 | |
| 1:400 | 1:30 (EU), 1:2000 (Global) |
| FTSE Spread | |
| From 0.7 pips | 1.3 pts |
| GBPUSD Spread | |
| From 0.2 pips | 0.3 (var) |
| Oil Spread | |
| From 0.028 pips | 9 pts (var) |
| Stocks Spread | |
| Not Available | 0.1% Var |
| Forex Trading | |
| FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics. | 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. |
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| GBPUSD Spread | |
| From 0.2 pips | 0.3 (var) |
| EURUSD Spread | |
| From 0 pips | 0.1 (var) |
| EURGBP Spread | |
| From 0.2 pips | 0.2 (var) |
| Assets | |
| 66 | 50+ |
| Currency Indices | |
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FXPesa vs |
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