Brokers  /  FXTM

FXTM

Severe riskForex / CFD broker
🇬🇧 United Kingdom · 2-5 years · since 2023-10-19 · FXTM Trading Corporation
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.39/10
Trustpilot/5
Forex Peace Army/5
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No sign that FXTM actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
  • Withdrawal complaints in ~200% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age4515%
Clone / impersonation10012%
Withdrawal & exposure complaints2412%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFXTM Trading Corporation
Headquarters🇬🇧 United Kingdom
Founded2023-10-19
Years operating2-5 years
Employees0
Official websitefxtmonline.live
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
One Canada Square (Headquarters) London E14 5AB

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

FXTM Trading Corporation presents severe risks due to its lack of regulation, very recent founding, and non-functional website. The broker has no verifiable track record or public presence, making it impossible for traders to assess its legitimacy. FXCanary’s Scam Risk Score of 85/100 reflects these critical concerns, and we strongly advise against any engagement with this entity.

Best for
  • No suitable trader profile identified
Not for
  • Risk-averse traders
  • Beginners
  • Traders requiring regulatory oversight
  • Anyone seeking a transparent broker
Period:
What users complain about
Where reviewers are from
Vietnam1

Real user reviews

Where FXTM operates

Based on its licenses and complaint records.

🇻🇳 Vietnam 1 complaint

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About FXTM

Overview

FXTM Trading Corporation is a forex and CFD broker based in the United Kingdom. According to its registration, the company was established on October 19, 2023 and is headquartered at One Canada Square in London. The broker’s official website, fxtmonline.live, is no longer operational, leaving very little publicly available information about its operations.

This lack of an active web presence is highly unusual for a brokerage seeking to attract clients. It suggests either that the firm never fully launched or that it ceased operations shortly after incorporation. For traders, the absence of a functioning website is a significant red flag, as it hampers any ability to verify services, terms, or contact details.

Regulation and Safety

FXCanary’s records indicate that FXTM Trading Corporation holds no regulatory licenses from any financial authority. The broker is not authorized by the UK’s Financial Conduct Authority (FCA) or any other known regulator. This lack of oversight means there is no external body ensuring the firm adheres to standards of client fund protection, fair trading practices, or dispute resolution.

For traders, dealing with an unregulated broker carries substantial risks. Without regulatory supervision, there is no guarantee that client funds are segregated or that the broker operates transparently. In the event of a dispute, traders have no recourse to a formal ombudsman or compensation scheme. Combined with the broker’s very recent founding and non-functional website, the risk of fraud or mismanagement is elevated.

Company Background

FXTM Trading Corporation was registered in the United Kingdom as a private limited company. Its registered address is One Canada Square, a prominent London landmark, but this alone does not confirm a physical operational office. The company’s registration date of October 2023 makes it a very new entrant to the industry, having been in existence for less than two years.

The fact that the firm’s website is already defunct suggests either a failed launch or an extremely short-lived presence. There is no evidence of any trading platform, client testimonials, or third-party reviews. The company has no known subsidiaries or affiliations with established financial groups. This absence of credible history makes it difficult to assess the firm’s legitimacy or reliability.

Trading Conditions

Due to the broker’s non-functional website, specific details about trading conditions—such as spreads, leverage, commissions, or execution models—are unavailable. FXTM Trading Corporation has not published any fee schedules or account terms in a publicly accessible manner. This total lack of transparency prevents potential clients from understanding the cost of trading or comparing the broker to regulated alternatives.

In the rare event that this broker ever offered trading services, conditions would likely be typical of unregulated offshore entities: high leverage, low initial deposits, and aggressive marketing. However, without verifiable data, these remain speculative. Traders should be extremely cautious when considering any broker that cannot clearly disclose its trading terms.

Client Suitability

Given the broker’s unregulated status, short operational history, and lack of an online presence, FXTM Trading Corporation is unsuitable for most retail traders. Beginners and experienced traders alike require a broker that offers regulatory protection, reliable customer support, and transparent operations—none of which are evident here.

This broker might theoretically appeal to traders willing to accept extreme risk, such as those seeking unregulated leverage or anonymity. However, the practical obstacles—no website, no known support channels, no verifiable platform—make it almost impossible to open an account or execute trades. In FXCanary’s assessment, this broker should be avoided entirely until clear, verifiable information emerges.

Overview compiled by FXCanary from regulatory records and public data. full FXTM review