HomeBroker ReviewsFXTM ReviewUnited Arab Emirates
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
United Arab Emirates
Live account tested
Broker Review · United Arab Emirates 2026

FXTM Review 2026: A Comprehensive Look for United Arab Emirates Traders

FXTM is a solid choice for United Arab Emirates traders, especially those who value strong DFSA regulation and a wide range of trading instruments. While its high leverage and copy trading features are appealing, traders should be mindful of withdrawal fees and the lack of cTrader. Overall, it offers a balanced experience for both beginners and experienced high-net-worth individuals.
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 United Arab Emirates Traders

  • Regulated by DFSA, providing strong investor protection for United Arab Emirates traders.
  • Low minimum deposit of $10 (37 AED), accessible for all traders.
  • Genuine Islamic Account available, compliant with Sharia law.
  • Copy Trading feature allows UAE traders to follow successful strategies.
  • Multiple local payment methods including Bank Transfer and Skrill.

CONS for United Arab Emirates Traders

  • Withdrawal fees on bank transfers can add up for frequent traders in the UAE.
  • No cTrader or TradingView platforms, limiting options for advanced traders.
  • High leverage up to 2000:1 may encourage risky trading, especially for beginners.
  • Customer support is not 24/7, which can be an issue for overnight traders.
📅
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 — United Arab Emirates
  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 United Arab Emirates

Founded in 2011 and headquartered in Cyprus, FXTM (ForexTime) has grown into a global forex and CFD broker with a strong presence in the United Arab Emirates. With an overall score of 3.7, it serves over 2 million clients worldwide, including high-net-worth traders in the UAE. FXTM is particularly relevant for UAE traders due to its regulation by the Dubai Financial Services Authority (DFSA), which ensures a high level of investor protection and compliance with local financial laws. The broker offers a wide range of instruments, low minimum deposits starting at $10, and advanced trading platforms like MT4 and MT5. Its commitment to the UAE market is evident through local payment methods, Arabic language support, and a dedicated Islamic account. Whether you are a beginner or an experienced trader, FXTM provides a reliable and regulated trading environment tailored to the needs of UAE residents.

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 United Arab Emirates?

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

FXTM offers a genuine Islamic Account for Muslim traders in the United Arab Emirates, which is swap-free and compliant with Sharia law. This account does not charge or pay interest on overnight positions, making it suitable for long-term trading. There are no hidden fees, but the account must be requested by contacting customer support and providing proof of Muslim faith (e.g., a declaration). The Islamic account is available for all account types, including Standard and Advantage. UAE traders should note that swap-free accounts may have certain restrictions on instruments or holding periods, so it's best to confirm with FXTM before trading.

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 United Arab Emirates

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

Customer Support — United Arab Emirates Review

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

Common Mistakes United Arab Emirates Traders Make with FXTM

  • Mistake: Not verifying the DFSA license before depositing funds. Always check the official DFSA register to ensure you are dealing with the regulated entity.
  • Mistake: Using high leverage without proper risk management. UAE traders should avoid maxing out leverage (2000:1) as it can lead to rapid losses.
  • Mistake: Ignoring withdrawal fees. Bank transfers incur a small fee, so consider using e-wallets like Skrill to save costs.
🔍

FXTM vs Competitors in United Arab Emirates

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

Final Verdict — Is FXTM Worth It for United Arab Emirates Traders?

3.7/5
★★★★★

In conclusion, FXTM is a recommended broker for United Arab Emirates traders, especially those who prioritize regulation and a wide range of instruments. Its DFSA license provides a secure trading environment, and the availability of an Islamic account makes it suitable for Muslim traders. The low minimum deposit and copy trading feature are great for beginners, while the Advantage account appeals to high-net-worth individuals. However, the lack of cTrader and withdrawal fees may be drawbacks for some. Overall, FXTM is best for UAE traders looking for a regulated, multi-asset broker with local support and payment options. We rate it 3.7 out of 5.

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FAQ — FXTM for United Arab Emirates Traders

Is FXTM safe for United Arab Emirates traders?+
How can I deposit money in FXTM from United Arab Emirates?+
Does FXTM have Islamic account?+
What is the minimum deposit for FXTM in United Arab Emirates?+
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.
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Regulated · United Arab Emirates
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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