HomeBroker ReviewsFXTM ReviewGeorgia
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Georgia
Live account tested
Broker Review · Georgia 2026

FXTM Review 2026: Expert Analysis for Georgia Traders

FXTM is a solid choice for Georgia traders seeking a globally regulated broker with low minimum deposits and high leverage. While it lacks a local regulator, its FCA and CySEC oversight provides strong safety. The availability of local payment methods like USDT and Skrill makes it convenient, but traders should be aware of potential withdrawal fees.
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 Georgia Traders

  • Low minimum deposit of $10 makes it accessible for Georgia retail traders
  • Accepts local payment methods like Skrill, USDT, and Bank Transfer
  • Regulated by top-tier FCA and CySEC, providing strong safety
  • Offers Islamic account for Muslim traders in Georgia
  • High leverage up to 1:2000 for experienced traders

CONS for Georgia Traders

  • No direct regulation from Georgia’s local financial authority
  • Withdrawal fees may apply for bank transfers (varies by bank)
  • Does not support cTrader or TradingView platforms
  • Customer support is not available 24/7
📅
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 — Georgia
  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 Georgia

FXTM (ForexTime) was founded in 2011 and is headquartered in Cyprus. It has grown into one of the world’s most recognized forex brokers, serving over 3 million clients globally. For Georgia traders, FXTM is particularly relevant due to its low minimum deposit of $10, high leverage up to 1:2000, and support for local payment methods like Bank Transfer, Skrill, and USDT. The broker offers a wide range of trading instruments including forex, gold, oil, indices, and cryptocurrencies. Its strong regulatory framework (FCA, CySEC) provides a layer of security that is important for retail traders in Georgia. FXTM also provides educational resources and 24/5 customer support, making it suitable for both beginners and experienced traders.

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 Georgia?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Georgia 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 Georgia 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
Georgia 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 — Georgia 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
Georgia 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 — Georgia Muslim Traders

FXTM offers a genuine Islamic (swap-free) account for Muslim traders in Georgia who cannot earn or pay interest (Riba). This account type does not charge overnight swap fees on positions held beyond 1 day. It is available on both Standard and ECN accounts. To apply, you need to contact FXTM customer support after registration and request the swap-free option. There are no hidden fees, but the account may have limited trading periods for certain instruments. This is a great option for Georgia’s Muslim traders looking for Sharia-compliant trading.

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 Georgia

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 Georgia traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Georgia 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 Georgia traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Georgia Review

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

Common Mistakes Georgia Traders Make with FXTM

  • Mistake: Not verifying FXTM’s license on the FCA website — always check license 777911 to avoid scams.
  • Mistake: Using bank transfers for small deposits — use Skrill or USDT for faster and cheaper transactions.
  • Mistake: Ignoring the Islamic account option if you are a Muslim trader — it saves swap fees and is Sharia-compliant.
🔍

FXTM vs Competitors in Georgia

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 Georgia 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 Georgia traders.
Product
May 2026
New instruments added for Georgia traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for Georgia Traders?

3.7/5
★★★★★

FXTM is a reliable and globally regulated broker that is well-suited for retail forex traders in Georgia. Its low minimum deposit, support for local payment methods (Bank Transfer, Skrill, USDT), and Islamic account options make it a practical choice. The broker’s regulation by FCA and CySEC adds a layer of trust, although the lack of local regulation is a minor drawback. We recommend FXTM for beginners looking for a low-cost entry and experienced traders who need high leverage and tight spreads. However, if you prioritize local regulation or 24/7 support, you may want to consider other options. Overall, FXTM is a solid choice for Georgia traders in 2026.

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FAQ — FXTM for Georgia Traders

Is FXTM safe for Georgia traders?+
How can I deposit money in FXTM from Georgia?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Georgia?+
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 · Georgia
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
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