FXTM (ForexTime) was founded in 2011 and is headquartered in Cyprus. It has grown into a global broker serving over 3 million clients, including a significant number from Italy. The broker is known for its low minimum deposit of just $10, making it accessible to Italian retail traders. FXTM offers a wide range of instruments including forex pairs, indices, commodities, and cryptocurrencies. For Italy traders, the broker provides local payment options like SEPA Bank Transfer and Skrill, along with USDT for crypto-savvy users. The broker's strong regulatory framework under CySEC and FCA gives Italian traders confidence in fund safety. FXTM also offers educational resources, copy trading, and Islamic accounts, making it a versatile choice for traders of all levels. Its presence in the EU means Italian clients are protected under MiFID II regulations.
| 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 Italy?
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Italy 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 Italy 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 — Italy Guide
USDT TRC20
Buy on Binance P2P — transfer to broker
InstantSkrill
Fund via local exchange — transfer
InstantNeteller
Fund via local exchange — transfer
InstantBank Wire
International transfer (may be restricted locally)
1-5 daysCredit/Debit Card
Visa/Mastercard (may be blocked locally)
InstantItaly 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 — Italy Muslim Traders
FXTM offers a genuine swap-free Islamic account for Muslim traders in Italy. This account type complies with Sharia law by eliminating interest (riba) on overnight positions. It is available on all account types (Standard, ECN, Zero) and can be requested via live chat or email after registration. There are no hidden fees, but FXTM may charge an administrative fee if positions are held for an extended period (usually beyond 7 days). The swap-free feature applies to forex, metals, and indices. Italy-based Muslim traders can apply easily by providing a declaration of faith. FXTM's Islamic account is one of the most transparent in the industry, making it a good choice for halal trading.
| 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 Italy
| 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 Italy traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Italy traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Italy 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 — Italy Review
Support verdict for Italy
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 Italy Traders Make with FXTM
- Mistake: Italy traders often choose the wrong entity – always use the CySEC-regulated EU entity (fxtm.eu) for full protection, not the offshore one.
- Mistake: Using 2000:1 leverage on a demo account and expecting the same in real – retail Italy clients are capped at 30:1 under ESMA rules.
- Mistake: Not verifying the Islamic account terms – while it is swap-free, holding positions beyond 7 days may incur an administrative fee.
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FXTM vs Competitors in Italy
| 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 Italy 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 Italy traders.
New instruments added for Italy traders
FXTM has added new trading instruments including additional forex pairs and commodity CFDs.
Final Verdict — Is FXTM Worth It for Italy Traders?
3.7/5
★★★★★
FXTM is a reliable broker for Italy traders, especially beginners and those with small capital. Its CySEC regulation ensures compliance with EU standards, providing fund segregation and negative balance protection. The low minimum deposit and multiple payment methods (Bank Transfer, Skrill, USDT) make it convenient for local users. However, experienced traders may find the limited leverage (30:1) and lack of advanced platforms like cTrader restrictive. The Islamic account is a genuine plus for Muslim traders. Overall, FXTM is recommended for Italy traders who want a safe, low-cost entry into forex trading. For scalpers or high-volume traders, the ECN account is a good option. Just be aware of the withdrawal times and leverage limitations.
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FAQ — FXTM for Italy Traders
Is FXTM safe for Italy traders?+
How can I deposit money in FXTM from Italy?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in Italy?+
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.