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

FXTM Review 2026: Is It the Right Broker for Syria Traders?

FXTM is a well-established global broker that offers Syria traders a solid mix of regulation, low minimum deposit, and Islamic accounts. However, the lack of a local license and limited local payment options are notable drawbacks. It remains a decent choice for experienced retail traders in Syria who prioritize platform variety and tight spreads.
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 Syria Traders

  • Low minimum deposit of $10 makes it accessible for Syria retail traders.
  • Genuine swap-free Islamic account for Muslim traders.
  • Regulated by top-tier authorities (FCA, CySEC) ensuring fund security.
  • Supports USDT deposits for fast and low-cost funding from Syria.
  • Offers MT4 and MT5 with full mobile functionality.

CONS for Syria Traders

  • Not regulated by Syria's local financial authority, so no local dispute resolution.
  • Bank transfers from Syria may face delays or rejections due to sanctions.
  • Limited payment methods compared to some competitors (no local e-wallets).
  • cTrader and TradingView platforms are not available.
📅
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 — Syria
  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 Syria

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.

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 Syria?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Syria 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 Syria 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
Syria 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 — Syria 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
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.
☪️

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.

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 Syria

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

Customer Support — Syria Review

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

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.
🔍

FXTM vs Competitors in Syria

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

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 July 2026.
Open FXTM Account
Regulated · Syria
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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