FXTM vs FTX
FXTM | FTX |
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4
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0.3
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
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FXTM is a top-rated forex and CFD broker established in 2011 and operating across 4 continents. The company is secure and regulated by leading authorities, including the FCA and CySEC. Offering 1000+ day trading markets and three account types, they cater to all levels of trader. |
FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity. |
Bonus Offer | |
30% up to $100 via Exinity Ltd | |
Comment by Reviewer | |
"FXTM is a good pick for day traders seeking low forex commissions on the MetaTrader 4 platform. That said, the range of other assets is not extensive for those looking to diversify, especially stocks and cryptocurrencies." | "We don't recommend FTX to crypto investors. The disgraced cryptocurrency exchange failed its customers and its CEO, Sam Bankman Fried, has been arrested." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, Indices, Commodities, Stocks | Cryptos, Futures, Options |
Demo Account | |
Yes | No |
Minimum Deposit | |
$10 | $1 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | $1 |
Regulator | |
CySEC, FCA, FSCA, FSC | |
Margin Trading | |
Yes | Yes |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | iOS & Android |
App Review | |
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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Android App Rating | |
4.4 |
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iOS App Rating | |
4.8 |
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Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$5 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
FXTM’s CFD offering spans 250+ forex, stocks, commodities and indices, plus crypto CFDs at the global entity. Leverage up to 1:30 is available from the CySEC-regulated branch, though highly seasoned traders can also access massive 1:2000 rates from the global entity. | CFD trading not offered |
FTSE Spread | |
1.3 | |
GBPUSD Spread | |
0.2 | |
Oil Spread | |
5.0 | |
Stocks Spread | |
0.1 | |
Forex Trading | |
FXTM offers a strong range of 60+ currency pairs - more than many competitors including AvaTrade. There’s also 6 currency indices for day traders looking to diversify their forex portfolios. The brand’s ECN account offers competitively low spreads from 0 pips, with equally low commissions up to $2 per lot. | Forex trading not offered |
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 | |
0.2 | |
EURUSD Spread | |
0.1 | |
EURGBP Spread | |
0.6 | |
Assets | |
50+ | |
Currency Indices | |
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Cryptocurrency | |
Cryptocurrency CFDs are available on 11 popular digital coins for those using the international entity. Bitcoin is available, alongside popular altcoins like Avalanch and Dogecoin. Spreads are floating and minimum lot sizes from 0.01 are available. | FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin. |
Spread | |
Variable | Variable |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | Yes |
More Comparisons | |
FXTM vs |
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