FXTM Review 2026
Full FXTM review for Denmark traders — regulation, spreads, fees and our honest verdict.
Regulation in Denmark
| Regulator | CySEC CySEC — Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 185/12 |
| Regulated Entity | Forextime Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $10 |
| EUR/USD Spread | From 0.1 pips |
| Instruments | 1,000+ |
| Platforms | MT4, MT5 |
| Copy Trading | ✓ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD5/month after 6 months |
Verdict
Regulated by CySEC (licence 185/12). Minimum deposit $10. In Denmark: maximum forex leverage 1:30.
About FXTM
FXTM was founded in 2011 and is headquartered in Limassol, Cyprus. The broker offers 1,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by Forextime Ltd under CySEC.
In Denmark, FXTM operates as Forextime Ltd, authorised by CySEC under licence number 185/12. Denmark traders are subject to a maximum leverage of 1:30 on forex pairs under CySEC rules.
Trading Platforms
Pros
- CySEC regulated — licence 185/12
- 1,000+ instruments to trade
- Negative balance protection in Denmark
- Platforms: MT4, MT5
- Copy trading available
Cons
- Inactivity fee: USD5/month after 6 months
- 78% of retail clients lose money
- CFD trading — you do not own the underlying asset
- No real stock ownership
Key Facts About FXTM
- Regulated by CySEC (EU), FCA (UK), FSC (Mauritius) and CMA (Kenya) across 4 jurisdictions
- FXTM Invest copy trading features verified track records with audited performance history
- Strong localised presence in Africa and Middle East with 24/7 support in local languages
Known Limitations
- EU/UK entities capped at 1:30 leverage; high leverage via FSC entity
- No share CFDs on ECN accounts
- Withdrawal processing times reported slower than ECN-first brokers by some clients
Frequently Asked Questions
Is FXTM regulated?
FXTM holds CySEC licence 185/12, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official CySEC public register.
What is the minimum deposit for FXTM in Denmark?
The minimum deposit is $10. This is the amount required to open a live trading account for traders in Denmark under CySEC regulation.
What leverage does FXTM offer in Denmark?
In Denmark, FXTM offers maximum forex leverage of 1:30 under CySEC rules. Higher leverage may be available through offshore-regulated entities.
Is FXTM safe to trade with?
FXTM is regulated by CySEC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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