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In this article we have grouped the best alternatives to FXTM.

You will be able to find both similar brokers and brokers offering different services than FXTM.

What are the best alternative brokers and platforms to FXTM?

The best alternatives to FXTM include similar brokers that are listed below:

  1. HFM
  2. Pepperstone
  3. eToro
  4. FBS
  5. IC Markets
  6. Fusion Markets
  7. FP Markets
Open Account
70.51% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: MetaTrader 4, MetaTrader 5
Regulations: FCA, SV FSA, FSA, FSC
Minimum deposit: US$0
Open Account
79.6% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform, ZuluTrade, Duplitrade
Regulations: ASIC, FCA, DFSA, CMA, SCB, EDR
Minimum deposit: US$0
Open Account
55% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: Proprietary platform
Regulations: ASIC, SEC, CFTC, FCA, FSA, EDR
Minimum deposit: US$100
Open Account
66.43% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: MetaTrader 4, MetaTrader 5
Regulations: ASIC, LFSA, VFSC, FSC, EDR
Minimum deposit: US$5
Open Account
72.52% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, ZuluTrade, Mirror Trader, Duplitrade
Regulations: ASIC, SCB, FSA, EDR
Minimum deposit: US$0
Open Account
73-89% of retail investor accounts lose money when trading CFDs. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Duplitrade
Regulations: ASIC, FSA, EDR
Minimum deposit: US$0
Open Account
74.56% of retail investor accounts lose money when trading CFDs with this provider. Under FEMA, the RBI does not allow residents of India to send margin to brokers abroad.
Platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView
Regulations: ASIC, FSCA, FSA, EDR
Minimum deposit: US$100

What is the most similar broker to FXTM?

The most similar broker to FXTM is HFM.

Both FXTM and HFM have established a strong presence in African countries, highlighted by winning multiple forex awards in the region.

Additionally, both FXTM and HFM offer competitive trading conditions, with spreads starting from 0 pips.

They also both provide access to the MT4 trading platform.

For a deeper understanding of the similarities between FXTM and HFM, read our FXTM review and our HFM review.

What are the best alternatives to FXTM by category?

You can find other brokers similar to FXTM according to a specific feature.

Some specific features of FXTM and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from FXTM?

FXTM does not provide some services or does not have some characteristics that other brokers have.

The features that FXTM does not have and rankings of the best brokers that have that feature are listed below:

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