FXTM is not scam
The reason: FXTM is considered reliable as it has multiple top-tier regulation globally, such as the UK FCA.
See below the full list of regulators (country of clients - regulatory body):
- EU countries except UK, South Africa - Cyprus Securities and Exchange Commission (CySEC)
- UK - Financial Conduct Authority (FCA)
- International clients except USA, Japan, Alberta, British Columbia, Quebec, Saskatchewan, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, the Occupied Area of Cyprus - Financial Services Commission of Mauritius (FSC)
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Is FXTM scam?
Other factors ensuring that FXTM is not a scam
See whether FXTM clients are entitled to investor protection in the event that FXTM goes bankrupt:
| FXTM investor protection | |
|---|---|
| Investor protection amount: | £85,000 in the UK, €20,000 in other EU countries, no protection for residents of all other countries |
There are other factors you can check to make sure FXTM is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
| 🌎 Country of origin | Cyprus |
| 📅 Foundation date | 2,011 |
| 🏛 Banking background | No |
| 📈 Listed on exchange | No |
| 🗺️ Broker ownership is transparent | No |
| 👔 Broker management is transparent | Yes |
| 🔒 Negative balance protection is provided | Yes |
| 📋 Read more | Check out the FXTM review for 2023 |
Is FXTM scam?
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