FXTM vs Templer FX

FXTM vs Templer FX Comparison Table 2023
FXTM Templer FX
4
2
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

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.

Templer FX is an unregulated, offshore forex and CFD broker founded in 2004. The brokerage offers a small range of assets on the MetaTrader 4 or proprietary platform, with high leverage up to 1:2000 and micro-lot trading. As an ECN broker, the brand aims to provide ultra-low trading costs and fast execution, making it an attractive choice for active traders.

Bonus Offer
30% up to $100 via Exinity Ltd $30 No Deposit Welcome Bonus
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." "Templer FX will appeal to traders looking for a cent account and very high leverage up to 1:2000. The $1 minimum deposit also makes it accessible for beginners."
Pros
  • 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
  • ECN broker with competitive spreads from 0.1 pips, no commissions and fast execution
  • A range of promotions on offer, including a loyalty bonus and no-deposit bonus
  • Both trading platforms support Expert Advisors and custom indicators
  • Responsive customer support team based on tests
  • Decent range of fast and free deposit methods
  • Low minimum deposit of $1
  • Fast transaction times
Cons
  • No ETFs or bonds
  • Selection of stocks is not extensive
  • Mediocre spreads on commission-free accounts
  • Limited e-wallet payment options
  • Withdrawal fees
  • Offshore and unregulated
  • US, UK and EU clients not accepted
  • Narrow range of assets compared to other brokers
  • Unreasonable conditions for the 'segregated accounts' service
  • Below average selection of education resources
  • €50 fee for bank transfer withdrawals
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, Stocks Forex, CFDs, indices, shares, metals, energies, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$10 $1
Trading Platforms
  • Web Platform
  • Mobile Platform
  • MT4
  • MT5
  • AutoChartist
  • MT4
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC (Cyprus), FCA (UK), FSCA (South Africa), FSC (Mauritius) FSA
Margin Trading
Yes Yes
STP Account
Yes No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes Yes
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 Yes
Mobile Apps
iOS, Android & Windows iOS, Android, Blackberry
Auto Trading
FXTM Invest plus Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes No
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
Yes 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
USD/EUR/GBP 5 per month
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
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. Templer FX offers a modest suite of CFDs compared to other brands, covering shares, commodities, indices and cryptos. The good news is that you can start with as little as $1 and there are no commissions.
Leverage
1:30 (EU), 1:2000 (Global) 1:2000
FTSE Spread
1.3 pts 1.0
GBPUSD Spread
0.3 (var) 0.8
Oil Spread
9 pts (var) 2.0
Stocks Spread
0.1% Var Variable
Forex Trading
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. Trade 30+ forex pairs with competitive spreads averaging 0.5 pips for EUR/USD. You can also access very high leverage up to 1:2000, though we urge caution when using unregulated brokers.
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
0.3 (var) 0.8
EURUSD Spread
0.1 (var) 0.5
EURGBP Spread
0.2 (var) 1.1
Assets
50+ 32
Currency Indices
  • USD
  • EUR
  • GBP
  • JPY
  • AUD
  • NZD
Cryptocurrency
Crypto trading not offered Traders can access popular cryptocurrencies, though the selection is not as wide as competitors. There is also the broker's Bitcoin account, where you can start with as little as 0.000001 BTC.
Spread
Variable Floating
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • BTC
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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