FXTM Brand does not provide services to residents of the USA, Mauritius, Japan (日本), Alberta, British Columbia, Quebec,
Saskatchewan, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. Find out more
in the Regulations section of their FAQs.
It is completely free to open a live trading account, deposit & withdraw funds and many other services.
FXTM does not charge anything for using their services besides the followings:
4 USD per 1 lot for ECN MT5 account
FXTM offers different types of trading accounts.
For the standard account, there are no extra commissions but all fees are included in the markup spread. (the difference between bid and ask prices)
For ECN MT5 Commission is fixed at $4 per lot, $2 are being charged when position is opened and $2 when position is closed.
You can see the commissions, in FXTM’s trading platform when you trade.
Overnight Swap Charges
Swap interest occurs when you have open positions overnight in trading server time.
You won’t be charged in case you have closed all positions before midnight in the server time.
The charge itself comes from FXTM’s liquidity providers and not from FXTM.
You can find out all swap rates for each MT4 symbol from MetaTrader4 directly.
FXTM does not charge any fees for Deposit & Withdrawal though, the fees that incur from payment providers need to be covered by traders themselves.
In case of a bank wire transfer, you will be charged about more than 20 USD for international transfers from your bank and its corresponding banks.
So you may see lesser amount credited in your trading account in such a case.