Broker review
Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into one of the world’s most recognized forex and CFD brokers, serving over 2 million clients globally. For Syria traders, FXTM offers a compelling mix of tight spreads, high leverage up to 2000:1, and a low minimum deposit of just $10. The broker supports popular local payment methods like Skrill and USDT, which are widely used in Syria due to banking restrictions. While FXTM does not have a physical office in Syria, its multilingual support and Islamic account make it particularly attractive for Syrian retail traders seeking a reliable international broker. The brand’s strong regulatory oversight from the FCA and CySEC adds a layer of trust, though traders should be aware that local regulatory protection is absent. Overall, FXTM is a solid choice for Syria traders who value platform variety (MT4/MT5), educational resources, and copy trading features.
| Detail | Information |
|---|
| Founded | 2011 |
| Headquarters | Cyprus |
| Regulated by | FCA,CySEC,FSCA,FSC |
| Min Deposit | $50 |
| Max Leverage | 5000 |
| Platforms | MT4, MT5 |
| Islamic Account | Available |
| Copy Trading | Available |
| Demo Account | Available |
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Regulation & Safety — Is FXTM Safe for Syria?
FXTM is regulated by several top-tier authorities: the Financial Conduct Authority (FCA) in the UK (license 777911), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission (FSC) in Mauritius (license C113012295). For Syria traders, this multi-jurisdictional regulation means your funds are held in segregated accounts and you benefit from negative balance protection. However, FXTM is not licensed by Syria’s local financial authority, so traders cannot access local ombudsman services. It is crucial for Syria traders to verify the license on the FCA or CySEC website and choose the appropriate entity (e.g., FXTM EU for European regulation). Always check the legal entity assigned to your account based on your residency.
Segregated Client Funds
Yes
Negative Balance Protection
Yes
Safety verdict for Syria 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 Syria 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
| 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 — Syria 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)
Syria 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 — Syria Muslim Traders
FXTM offers a genuine swap-free Islamic account that complies with Sharia law by waiving all overnight interest (swap) on positions. This account is available on both Standard and ECN account types. There are no hidden fees, but the broker may apply a holding period limit (e.g., 10 days) on certain instruments to prevent abuse. Syria Muslim traders can apply for the Islamic account during registration by selecting the ‘Islamic Account’ option or by contacting customer support after opening a standard account. The account is free to open and maintain. It is important to note that some brokers charge a administrative fee after a certain period, but FXTM does not, making it a truly swap-free solution for Syria traders.
| 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 Syria
| 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 Syria traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Syria traders.
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Education & Research Tools
Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Tip for Syria 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 — Syria Review
Support verdict for Syria
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 Syria Traders Make with FXTM
- Mistake: Choosing a Standard account when you trade high volumes — the ECN account offers lower spreads and can save you money in the long run.
- Mistake: Using bank transfers from Syria — these can be slow and may be rejected due to sanctions; use Skrill or USDT instead.
- Mistake: Not verifying the FXTM entity assigned to your account — always check if you are under FCA or CySEC regulation for maximum protection.
Trust, comparison and news
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FXTM vs Competitors in Syria
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|
| FXTM (current) | $50 | 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 Syria 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
Final Verdict — Is FXTM Worth It for Syria Traders?
3.7/5
★★★★★
FXTM is a reliable and well-regulated broker that offers Syria traders a solid trading environment, especially for those who prioritize low costs, Islamic accounts, and platform choice. The ability to deposit via USDT is a game-changer for Syria, bypassing traditional banking hurdles. However, the lack of a local license means traders must rely on international regulation, which is still strong. The broker is best suited for retail forex traders in Syria who are comfortable with MT4/MT5 and want a trusted global brand. Beginners will appreciate the low minimum deposit and educational resources, while experienced traders can benefit from the ECN account and copy trading features. Overall, FXTM earns a cautious recommendation for Syria traders — it is not perfect, but it is a safe and functional option in a challenging regulatory environment.
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FAQ — FXTM for Syria Traders
Is FXTM safe for Syria traders?
+How can I deposit money in FXTM from Syria?
+Does FXTM have Islamic account?
+What is the minimum deposit for FXTM in Syria?
+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 October 2026.
