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Review By: Alan Little
Review Updated: 2021-02-22
Overall Ratings
4 Fees
Trading Platforms
Customer Service
4 broker features

Minimum deposit: $5
Withdrawal fee amount:
Inactivity fee charged (Y/N): N
Max leverage:
Spread from:
Number of instruments:
Year founded:
Time to open account:
Demo account provided (Y/N): Y
Countries of regulation:
Products offered: pros and cons

  • Wide range of funding options
  • Education section is extensive
  • Wide range of trading platforms is offered
  • Some complaints about platform manipulation
  • Many bad reviews
  • It has threatened to sue the FPA if one post is not removed
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Review Sections:

Who are FXTM? is an online trading platform, founded in 1999, with over a million registered accounts worldwide. Licensed and regulated in Malta, the UK, the Isle of Man and Ireland, the platform conducts an average of 20 transactions per second, operating 24 hours a day, 7 days a week. Our review has shown that the company has gone from strength to strength over the last two decades. Winning various industry awards over the years, including ‘Best Trading Platform in Asia’ at the Global Brands Awards 2018, and first prize in the ‘Financial Trading Operator’ category at the EGR Operator Awards 2015. Fees

Rating uses patented pricing technology, which allows clients to access the same return rates as traders within the interbank market. This is possible because the site’s real-time prices are benchmarked against the interbank options markets. When setting up a new trade, traders can choose a payout level of between $1 and $50,000. There are no extra ‘hidden’ commissions or fees to contend with. The minimum deposit is very low, at just $5, and the minimum trade is just $1, making this an attractive choice for new traders on a limited budget. Fees & Commissions

How have you found our review?  Do you have experience of trading with them?  Please leave your comments below to help us improve and assist other traders in making informed choices.

Trading Platforms


There is an impressive array of platforms to choose from with Including the Binary WebTrader, with a range of advanced tools for binary options trading, and the Binary Mobile App, which is specifically for trading via a mobile device. There is also the Binary Bot platform for clients who are interested in automated trading, and the MetaTrader 5 platform is available for clients trading Forex and CFDs. Platforms

The Binary Next-Gen platform offers a range of advanced trading features, allowing clients to set a time frame for their options to expire, ranging from a few minutes to 365 days. There is also a demo account funded with up to $10,000.

Customer Service


Multi-lingual customer support is available via email and telephone, and the company runs social media accounts on Facebook, Twitter, YouTube and Reddit, allowing customers to get in touch easily. The site does not currently have a live chat option, which is unfortunate, as this is such a popular option with online traders. Customer Support

There is, however, a comprehensive and searchable help section on the website, with answers to common questions, grouped into categories. This makes it very easy for customers to educate themselves about the site and find answers to specific questions.

How have you found our review?  Do you have experience of trading with them?  Please leave your comments below to help us improve and assist other traders in making informed choices.

Address: Binary Limited, 47 Esplanade, St Helier, Jersey, JE1 0BD

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