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

FXTM Broker Review 2026: Comprehensive Guide for Israel Traders

FXTM is a solid broker for Israel traders, offering low spreads, a genuine Islamic account, and local deposit options. However, the lack of direct local regulation and limited cTrader support are drawbacks. Overall, it's a good choice for experienced traders seeking flexibility.
Regulated: FCA
Min Deposit: $50
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 Israel Traders

  • Low minimum deposit of $10, accessible for all Israeli traders
  • Genuine Islamic account with no hidden fees, ideal for Muslim traders in Israel
  • Accepts local payment methods: Bank Transfer (Israeli banks), Skrill, USDT
  • Regulated by top-tier FCA and CySEC, ensuring client fund safety
  • High leverage up to 2000:1, suitable for experienced traders

CONS for Israel Traders

  • Not regulated by the Israel Securities Authority (ISA), less local oversight
  • No cTrader or TradingView platforms, limiting platform choice
  • No direct USD/ILS trading pair, requiring cross-currency trades
  • Customer support lacks Hebrew language option
📅
2011
Founded
📍
Cyprus
HQ
💵
$50
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 — Israel
  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 Israel

FXTM (ForexTime) was founded in 2011 and has grown into a global forex and CFD broker with headquarters in Cyprus and offices worldwide. For Israel traders, FXTM offers a compelling mix of low costs, high leverage up to 2000:1, and a wide range of instruments including forex, indices, commodities, and cryptocurrencies. The broker is particularly relevant for Israeli retail traders due to its low minimum deposit of $10, support for local payment methods like Bank Transfer (to Israeli banks such as Hapoalim and Leumi), Skrill, and USDT, and a genuine Islamic account for Muslim clients. With over 10 million registered traders worldwide, FXTM provides a robust trading environment with MT4 and MT5 platforms, copy trading, and extensive educational resources. While not directly regulated by the Israel Securities Authority, its FCA and CySEC licenses offer a high level of trust. This review examines FXTM's suitability for Israel traders in 2026, covering regulation, costs, platforms, and more.

DetailInformation
Founded2011
HeadquartersCyprus
Regulated byFCA,CySEC,FSCA,FSC
Min Deposit$50
Max Leverage5000
PlatformsMT4, MT5
Islamic AccountAvailable
Copy TradingAvailable
Demo AccountAvailable
🛡️

Regulation & Safety — Is FXTM Safe for Israel?

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

Standard Account
No Commission
Min Deposit$50
EUR/USD Spreadfrom 1.50 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$50
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
Israel 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 — Israel 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
Israel 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 — Israel Muslim Traders

FXTM offers a genuine swap-free Islamic account for Muslim traders in Israel, compliant with Sharia law. This account eliminates all overnight interest (swap) charges on positions held beyond the daily rollover. It is available on all account types (Standard, Cent, ECN) and can be activated by contacting customer support. There are no hidden fees or additional spreads, making it a fair option. However, some brokers limit the number of days positions can be held on Islamic accounts; FXTM allows unlimited holding periods. For Israel's Muslim community, this is a valuable feature for long-term trading strategies.

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 Israel

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

Customer Support — Israel Review

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

Common Mistakes Israel Traders Make with FXTM

  • Mistake: Choosing the Standard account for scalping — Israel traders who scalp should opt for the ECN account for tighter spreads and lower costs.
  • Mistake: Ignoring the Islamic account activation process — Muslim traders must contact support to activate the swap-free account; otherwise, standard swap fees apply.
  • Mistake: Not verifying the regulated entity — Israel traders should ensure they are trading under the FCA-regulated entity for maximum protection, not the offshore one.
🔍

FXTM vs Competitors in Israel

BrokerMin DepositEUR/USDIslamicTradingViewScore
FXTM (current)$501.50 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 Israel 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 Israel traders.
Product
May 2026
New instruments added for Israel traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FXTM Worth It for Israel Traders?

3.7/5
★★★★★

FXTM is a reliable broker for Israel traders, offering low costs, flexible account types, and strong regulation from FCA and CySEC. The ability to deposit via local bank transfers, Skrill, and USDT makes it convenient, while the Islamic account caters to Muslim clients. However, the lack of ISA regulation and absence of cTrader are notable drawbacks. FXTM is best for retail traders seeking high leverage, low minimum deposits, and a genuine swap-free account. We recommend it for experienced traders who prioritize cost efficiency and platform stability over local regulatory presence.

Open FXTM Account

FAQ — FXTM for Israel Traders

Is FXTM safe for Israel traders?+
How can I deposit money in FXTM from Israel?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Israel?+
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 · Israel
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score3.7/5
RegulationFCA · CySEC
Min Deposit$50
Max Leverage5000
Founded2011
IslamicYes
TradingViewNo
MT4/MT5Both
Copy TradingYes
Similar Brokers
PE
Pepperstone
Review
EX
Exness
Review
OC
OctaFX
Review
HO
HotForex HFM
Review
FB
FBS
Review
More Israel broker guides
Real Crypto Trading BrokersETF Trading BrokersFutures Trading BrokersBrokers That Accept PayPalBrokers That Accept Credit Card DepositsBrokers That Accept USDT/Crypto DepositsBrokers That Accept Skrill/NetellerBrokers With 24/7 Customer SupportBrokers With Live Chat SupportBrokers With Phone Support
Related guides for Israel traders
Copy Trading BrokersFixed Spread BrokerscTrader BrokersPAMM Account BrokersMicro Account BrokersStandard Account BrokersStock CFD BrokersIndices Trading BrokersCommodities Trading BrokersCrypto CFD Brokers