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Are non-trading fees low at FXTM?

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
2w ago
Personally tested
Data-driven
Independent

Are non-trading fees low at FXTM?

Yes, non-trading fees at FXTM are considered to be low.

At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.


FXTM non-trading fees summary

FXTM non-trading fees highlights
💰 FXTM custody fee No custody fee
💰 FXTM account fee No account fee
💰 FXTM inactivity fee $5 per month after 6 months of inactivity
💰 FXTM withdrawal fee $3
💰 FXTM deposit fee $0
🗺️ Country of regulation Cyprus (and license from South Africa), UK, Mauritius

Data updated on September 20, 2024

Overall score
4.1/5
Minimum deposit
$200
FX fee
Low
Index CFD fee
Low
Withdrawal fee
$3
Account opening
1 day
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88.66% of retail CFD accounts lose money

What are non-trading fees?

Non-trading fees are charges associated with activities other than trading at your brokerage account. They typically include the following: custody fee, conversion fee, account fee, inactivity fee, withdrawal fee and deposit fee. The amount that different brokers charge for these (if at all) can vary, so it is important to understand these fees if you want to avoid unwanted costs.

If you'd like to know more about non-trading and other fees at FXTM, check our overview of FXTM fees and charges.

If you are interested in FXTM, read our comprehensive review.

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Krisztián Gátonyi
Author of this article
I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.
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