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

FXTM Review 2026: Complete Guide for Ukraine Traders

FXTM is a solid choice for Ukraine traders, offering a low $10 minimum deposit, high leverage up to 2000:1, and local payment methods like Bank Transfer, Skrill, and USDT. However, it is not regulated by a Ukrainian authority, so you must rely on its CySEC and FCA licenses. Overall, it’s a reliable broker for retail forex traders in Ukraine, but not ideal for those seeking local regulation.
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 Ukraine Traders

  • Low minimum deposit of $10, accessible for beginner Ukraine traders
  • Supports local payment methods: Bank Transfer, Skrill, and USDT
  • High leverage up to 2000:1, allowing small capital to control larger positions
  • Regulated by top-tier FCA and CySEC, providing strong investor protection
  • Islamic account available for Muslim traders in Ukraine

CONS for Ukraine Traders

  • Not regulated by a Ukrainian authority, so no local compensation scheme
  • Customer support lacks Ukrainian language option, only English and Russian
  • No cTrader or TradingView platforms, limiting advanced charting tools
  • Withdrawals via bank transfer can take up to 3 business days
📅
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 — Ukraine
  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 Ukraine

Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into one of the world’s largest retail forex brokers, serving over 3 million clients globally. For Ukraine traders, FXTM is particularly appealing due to its low $10 minimum deposit, high leverage up to 2000:1, and support for local payment methods like Bank Transfer, Skrill, and USDT. The broker offers a wide range of instruments including forex pairs, gold, oil, indices, and cryptocurrencies, making it suitable for both beginners and experienced traders in Ukraine. While it is not regulated by a Ukrainian authority, its CySEC and FCA licenses provide a strong layer of trust. FXTM also provides educational resources, copy trading, and a demo account, which are valuable for Ukrainian retail traders navigating the volatile forex market. The broker’s Islamic account option further caters to Muslim traders in Ukraine. Overall, FXTM is a well-rounded broker that balances accessibility with reliability for the Ukrainian market.

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 Ukraine?

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

FXTM offers a genuine swap-free Islamic account for Muslim traders in Ukraine, complying with Sharia law by not charging or paying overnight interest. The account is available on all account types (Standard, ECN, Cent) and can be requested after registration by contacting customer support. There are no hidden fees, but the account may be reviewed periodically to ensure it is not misused for arbitrage. Ukraine traders can apply by submitting a request via the client portal or live chat. The Islamic account has the same spreads and commissions as regular accounts, making it a fair option. However, note that some instruments may have limited swap-free availability. Overall, it’s a reliable choice for Muslim traders in Ukraine.

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 Ukraine

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

Customer Support — Ukraine Review

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

Common Mistakes Ukraine Traders Make with FXTM

  • Mistake: Not verifying the FCA or CySEC license before depositing – always check license numbers on official regulator websites.
  • Mistake: Using bank transfer for small deposits – it takes longer and may incur conversion fees; use Skrill or USDT for instant deposits under $100.
  • Mistake: Ignoring the Islamic account option – if you are a Muslim trader, request it after registration to avoid overnight interest charges.
🔍

FXTM vs Competitors in Ukraine

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

Final Verdict — Is FXTM Worth It for Ukraine Traders?

3.7/5
★★★★★

FXTM is a strong choice for Ukraine traders seeking a reliable, low-cost broker with a global reputation. Its $10 minimum deposit, support for local payment methods like Bank Transfer, Skrill, and USDT, and high leverage up to 2000:1 make it accessible for retail traders. The broker’s regulation by FCA and CySEC offers a safety net, though the lack of a Ukrainian regulator is a downside. The Islamic account is a genuine swap-free option for Muslim traders. FXTM is best for beginners and intermediate traders who want a user-friendly platform (MT4/MT5) and educational resources. However, advanced traders may miss cTrader or TradingView. Overall, if you can accept the absence of local regulation, FXTM is a trustworthy broker for Ukraine.

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FAQ — FXTM for Ukraine Traders

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