ForexMart vs FXTM Broker Comparison

Are you trying to figure out which is a better broker, ForexMart or FXTM? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FXTM is the better of the two. FXTM offers 250+ instruments, licenses from FCA, CySec, FSCA, FSC, and fair trading fees.

In the tables below, you can compare the features of ForexMart and FXTM side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked FXTM higher than ForexMart.

Rating
95/100
96.5/100
Min. Deposit
1$
10$
Regulated By
FCAFCA
CySecCySec
FCAFCA
CySecCySec
FSCAFSCA
FSCFSC
Bonus
30%
Cashback (T&Cs apply) - 30% Welcome Bonus (T&Cs Apply)
Min. Spread
1.2
Max. Leverage
500:1
1:2000
Currency Pairs
100
59
Trading Instruments
300+
250+
Trading Platforms
MT4, mobile, WebTrader
MT4, MT5, mobile
Deposit Methods
Bank transfer, Visa, Mastercard, Maestro,
Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more
Type of Brokers
ECN Broker
Market Maker/ECN
Customer Support
25/7
N/A
Language Support
16
17
Established
-
2013
Used By
1,800,000 Traders

Does ForexMart or FXTM have lower trading costs and fees?

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.

To give an overall view of how cheap or expensive ForexMart and FXTM are, we first considered the common fees on Standard Accounts. At ForexMart the average spread for the EUR/USD currency pair is pips, whilst at FXTM the spread is 1.2.

This shows that ForexMart is the better option for low-cost forex trading.

When it comes to non-trading fees, ForexMart charges for withdrawal. FXTM charges for inactivity, withdrawal. With this in mind, ForexMart has lower non-trading fees.

When our experts analyzed the specific costs of both brokers, we found that ForexMart is the better option.

Trading Fees*

*Based on Standard account type.

Non-Trading Fees

Which broker is safer, ForexMart or FXTM?

In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.

ForexMart is regulated by FCA, CySec and offers client protection. FXTM is regulated by FCA, CySec, FSCA, FSC and offers client protection.

Considering these two factors, and the general reputation and history of both brokers, we believe that ForexMart is the safer broker.

Broker summary

How many trading instruments are available at ForexMart and FXTM?

ForexMart provides traders with 300+ instruments. This includes 100 currency pairs, 1 cryptocurrencies, and 1 stocks and shares. With ForexMart, you cannot trade CFDs.

In comparison, FXTM boasts 250+ tradable instruments. FXTM offers 59 currency pairs, 4 cryptocurrencies, and 170 stocks and shares. FXTM also allows CFD trading.

As FXTM has 250+ and ForexMart has 300+, a difference of 50, this shows that FXTM offers more opportunities to diversify your trading portfolio.

Markets and Products

Which broker offers the best trading platform, ForexMart or FXTM?

When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.

ForexMart provides you with the ability to trade via 3 trading platforms, and FXTM has 3 trading platforms, too. Both brokers also offer research and trading tools, however FXTM has more.

Overall, our experts agree that FXTM boasts the better trading platform offering.

Research Tools

Which is better for beginners, ForexMart or FXTM?

To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.

Considering this, our reviews show that ForexMart is the better broker for beginner traders as it offers a larger range of educational tools and materials. ForexMart also has a minimum deposit of $.

Educational Features

Which broker is better overall?

Overall, our tested reviewing methodology proves that FXTM is the better broker in a range of key areas. You can learn more by reading our ForexMart and FXTM reviews.

ForexMart vs FXTM
ForexMart
95
Points
FXTM
96.5
Points
Overall
1 points
ForexMart
95
Points
FXTM
94
Points
Commissions & Fees
1 points
ForexMart
95
Points
FXTM
92
Points
Licensing & Safety
3 points
ForexMart
95
Points
FXTM
88
Points
Trading Platforms & Tools
7 points
ForexMart
95
Points
FXTM
99
Points
Payments
4 points
ForexMart
95
Points
FXTM
97
Points
Customer Service
2 points
ForexMart
95
Points
FXTM
91
Points
Educational
4 points
Open Account in FXTM