FXTM (ForexTime) was founded in 2011 and is headquartered in Cyprus. It has grown into one of the world’s leading forex brokers, serving over 3 million clients globally. For China traders, FXTM offers a compelling proposition: low minimum deposits ($10), support for popular local payment methods like Skrill and USDT, and access to both MT4 and MT5 platforms. The broker is regulated by top-tier authorities including the FCA (UK) and CySEC (Cyprus), which adds a layer of security. However, it is not regulated by the China Securities Regulatory Commission (CSRC), so traders must rely on international oversight. FXTM is particularly popular among Chinese retail traders for its copy trading feature, educational resources, and competitive spreads. Its headquarters in Cyprus means it operates under European financial regulations, which may be unfamiliar to some Chinese investors. Overall, FXTM is a reliable choice for China traders who prioritize global regulation and low entry costs.
| Detail | Information |
|---|
| Founded | 2011 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,FSCA,FSC |
| Min Deposit | $200 |
| Max Leverage | 3000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Available |
| Demo Account | Available |
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Regulation & Safety — Is FXTM Safe for China?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for China traders
Always verify FXTM's regulation at the official regulator website before depositing.
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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.
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|
| EUR/USD | 1.50 pips | $0 | 1.50 pips | 1.50 pips |
| XAU/USD | 0.50 pips | $0 | 0.50 pips | 0.50 pips |
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Account Types for China 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
| Feature | Available |
|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | Yes |
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Deposits & Withdrawals — China Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
Skrill
Fund via local exchange — transfer
Neteller
Fund via local exchange — transfer
Bank Wire
International transfer (may be restricted locally)
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
China 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.
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Islamic Account — China Muslim Traders
FXTM offers Islamic (swap-free) accounts for Muslim traders in China. These accounts do not charge or pay overnight swap fees, in compliance with Sharia law. However, there is an administration fee that may apply if positions are held for more than 10 days. The fee is typically small and varies by instrument. To open an Islamic account, China traders must first register a live account and then contact FXTM customer support to request the swap-free feature. It is available on both Standard and ECN accounts. The broker does not charge any hidden fees for the Islamic account, but traders should read the terms carefully to understand the administration fee structure.
| Feature | Details |
|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually 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.
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Instruments & Markets in China
| Asset Class | Examples | Available | Typical Spread |
|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | 1.50 pips |
| Gold (XAU/USD) | Spot Gold | Available | 0.50 pips |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
Most popular instruments for China traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among China traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for China traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
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Customer Support — China Review
Support verdict for China
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
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Common Mistakes China Traders Make with FXTM
- Mistake: Not verifying FXTM’s regulatory status on the FCA register before depositing. Always check the license number to avoid clone scams.
- Mistake: Using bank transfer for withdrawals without considering the 2-5 day processing time and potential fees. Opt for Skrill or USDT for faster access to funds.
- Mistake: Assuming the Islamic account is completely free. Be aware of the administration fee after 10 days of holding a position.
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FXTM vs Competitors in China
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FXTM (current) | $200 | 1.50 pips | Yes | No | 3.7 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
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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 China traders
FXTM segregates all client funds and is regulated by top-tier authorities.
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FXTM User Reviews & Ratings
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
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FXTM Latest News & Updates 2026
FXTM expands TradingView integration
FXTM has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
FXTM maintains top-tier regulatory status
FXTM continues to hold its regulatory licenses, ensuring client fund protection for China traders.
New instruments added for China traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FXTM Worth It for China Traders?
3.7/5
★★★★★
FXTM is a reliable broker for China traders who are comfortable with international regulation. Its low minimum deposit, support for USDT and Skrill, and availability of MT4/MT5 make it a strong choice for retail forex trading. The broker’s regulation by the FCA and CySEC provides a good level of security, though the absence of a local Chinese license is a notable drawback. FXTM is best suited for beginner to intermediate traders in China who want a globally recognized broker with competitive spreads and a wide range of instruments. However, traders who require local regulation or CNY base accounts may need to look elsewhere. Overall, FXTM earns a solid recommendation for China traders seeking a balance between cost and security.
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FAQ — FXTM for China Traders
Is FXTM safe for China traders?+
How can I deposit money in FXTM from China?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in China?+
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.
