HomeBroker ReviewsFXTM ReviewBosnia and Herzegovina
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Bosnia and Herzegovina
Live account tested
Broker Review · Bosnia and Herzegovina 2026

FXTM Review 2026: What Bosnia and Herzegovina Traders Need to Know

FXTM is a solid, well-regulated broker with low entry barriers and a wide range of instruments, making it a good fit for retail forex traders in Bosnia and Herzegovina. However, the lack of a local license and reliance on international regulation may concern some users. Overall, it is a reliable choice for those comfortable with offshore brokers.
Regulated: FCA
Min Deposit: $200
Score: 3.7/5
Islamic: Yes
3.7/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.8
Platforms
4.0
Deposits
4.5
Support
4.5

PROS for Bosnia and Herzegovina Traders

  • Low minimum deposit of $10, ideal for retail traders in Bosnia and Herzegovina
  • Accepts local-friendly payment methods like Skrill, Bank Transfer, and USDT
  • Offers Islamic (swap-free) account for Muslim traders in Bosnia and Herzegovina
  • Regulated by top-tier authorities FCA and CySEC, providing strong oversight
  • High leverage up to 2000:1, giving flexibility for various strategies

CONS for Bosnia and Herzegovina Traders

  • Not regulated by the local financial authority in Bosnia and Herzegovina, so no local investor protection
  • Limited platform choice – no cTrader or TradingView support
  • No Bosnian language support or localized content
  • Withdrawal fees may apply for bank transfers, and currency conversion costs can add up
📅
2011
Founded
📍
Cyprus
HQ
💵
$200
Min Deposit
📊
3.7/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Bosnia and Herzegovina
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FXTM Overview for Bosnia and Herzegovina

Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into a globally recognized forex and CFD broker serving over 2 million clients worldwide. For retail traders in Bosnia and Herzegovina, FXTM offers a compelling mix of low minimum deposits ($10), high leverage (up to 2000:1 on some accounts), and a wide range of trading instruments including forex, indices, commodities, and cryptocurrencies. The broker supports popular local payment methods like Bank Transfer, Skrill, and USDT, making it easy for Bosnia and Herzegovina traders to fund accounts in USD. While FXTM is not regulated by the local financial authority in Bosnia and Herzegovina, its strong oversight from the FCA and CySEC provides a reasonable level of security. The broker also offers Islamic accounts, copy trading, and educational resources, making it suitable for both beginners and experienced traders in the region. Overall, FXTM is a versatile option for Bosnia and Herzegovina traders looking for a global broker with local-friendly features.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$200
Max Leverage3000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM Safe for Bosnia and Herzegovina?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Bosnia and Herzegovina traders
Always verify FXTM's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD1.50 pips$01.50 pips1.50 pips
XAU/USD0.50 pips$00.50 pips0.50 pips
💼

Account Types for Bosnia and Herzegovina Traders

Standard Account
No Commission
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$200
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingYes
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Not available
📺
TradingView
Best charts
Not available
Bosnia and Herzegovina tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Bosnia and Herzegovina Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Bosnia and Herzegovina deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Bosnia and Herzegovina Muslim Traders

FXTM offers a genuine swap-free Islamic account for Muslim traders in Bosnia and Herzegovina who wish to trade without earning or paying interest (Riba). This account is available on all account types (Standard, ECN, etc.) and is free of overnight swap charges. However, there are some important details: after a holding period (usually 10 days), FXTM may charge an admin fee on certain positions held overnight. This fee is clearly disclosed in the account terms. To apply, simply contact FXTM customer support and request a swap-free account, providing proof of Muslim faith if required. The Islamic account is a valuable option for Bosnia and Herzegovina’s Muslim population, but traders should compare the admin fees with swap costs on a standard account to ensure it is truly beneficial.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Bosnia and Herzegovina

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available1.50 pips
Gold (XAU/USD)Spot GoldAvailable0.50 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40 pts
Crypto CFDsBTC, ETH, XRP, SOLAvailableCheck broker
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Bosnia and Herzegovina traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Bosnia and Herzegovina traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Bosnia and Herzegovina traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Bosnia and Herzegovina Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Bosnia and Herzegovina
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Bosnia and Herzegovina Traders Make with FXTM

  • Mistake: Not verifying which FXTM entity you are registering with – Bosnia and Herzegovina traders should ensure they choose the FCA or CySEC entity for better protection.
  • Mistake: Ignoring currency conversion fees when depositing in BAM – always check your bank’s exchange rates and consider using Skrill or USDT to avoid high conversion costs.
  • Mistake: Assuming the Islamic account is completely free – after 10 days, admin fees may apply, so compare with standard swap costs before committing.
🔍

FXTM vs Competitors in Bosnia and Herzegovina

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$2001.50 pipsYesNo3.7
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FXTM

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Bosnia and Herzegovina traders
FXTM segregates all client funds and is regulated by top-tier authorities.

FXTM User Reviews & Ratings

Trustpilot Rating

3.7
★★★★★
Based on 1,073 reviews
Read on Trustpilot

CompareBroker Expert Rating

3.7
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FXTM Latest News & Updates 2026

Platform
July 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for Bosnia and Herzegovina traders.
Product
May 2026
New instruments added for Bosnia and Herzegovina traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for Bosnia and Herzegovina Traders?

3.7/5
★★★★★

FXTM is a reliable and globally recognized broker that offers a solid trading experience for retail traders in Bosnia and Herzegovina. With a low $10 minimum deposit, support for Skrill and USDT, and a genuine Islamic account, it addresses many local needs. The strong regulatory oversight from the FCA and CySEC adds a layer of trust, though the lack of a local license is a notable gap. The broker’s spreads and platform options (MT4/MT5) are competitive, and the educational resources are helpful for beginners. However, the absence of local language support and the potential for currency conversion fees are drawbacks. Overall, FXTM is best suited for Bosnia and Herzegovina traders who are comfortable with an international broker and prioritize low costs, diverse instruments, and Islamic trading options. It is not ideal for those who require local regulation or prefer platforms like cTrader.

Open FXTM Account

FAQ — FXTM for Bosnia and Herzegovina Traders

Is FXTM safe for Bosnia and Herzegovina traders?+
How can I deposit money in FXTM from Bosnia and Herzegovina?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Bosnia and Herzegovina?+
What trading platforms does FXTM offer?+
Is FXTM regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FXTM Account
Regulated · Bosnia and Herzegovina
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$200
Max Leverage3000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
Similar Brokers
CM
CMC Markets
Review
IG
IG
Review
PE
Pepperstone
Review
AV
AvaTrade
Review
PL
Plus500
Review
TI
Tio Markets
Review
VA
Vantage
Review
EQ
Equiti
Review
TI
Tickmill
Review
IC
IC Markets
Review
More Bosnia and Herzegovina broker guides
Top-Tier Regulated BrokersHighest Trustpilot-Rated BrokersBest Forex Brokers for BeginnersBest Forex Brokers for Advanced TradersHigh Leverage Forex BrokersBrokers With the Most Forex PairsLowest EUR/USD Spread BrokersLowest GBP/USD Spread BrokersLowest USD/JPY Spread BrokersLowest AUD/USD Spread Brokers
Related guides for Bosnia and Herzegovina traders
Brokers That Accept USDT/Crypto DepositsBrokers That Accept Skrill/NetellerBrokers With 24/7 Customer SupportBrokers With Live Chat SupportBrokers With Phone SupportBrokers With Economic Calendar ToolsBrokers With Trading SignalsBrokers With Free WebinarsBrokers With Negative Balance ProtectionBrokers With Segregated Client Funds