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FXTM Fees

What FXTM charges: spreads and commission by account type, deposit and withdrawal fees, processing times and the inactivity fee.

Deposit fee

None from FXTM; deposits under $30 can carry a small charge

Withdrawal fee

About $3 on card withdrawals; e-wallets free; bank wires carry the usual correspondent fees

Inactivity fee

$10 a month after three consecutive months without trading activity

What does FXTM charge?

FXTM quotes EUR/USD from From 1.7 pips on its Micro account. 5 of the 5 payment methods listed take deposits free of charge.

Typical spreads

InstrumentAccountSpreadCommission
EUR/USDMicroFrom 1.7 pipsNone
EUR/USDRewardsFrom 0.9 pipsNone
EUR/USDAdvantageFrom 0.0 pips$3.50–$35 per lot

Deposit & withdrawal fees

MethodDeposit feeWithdrawal feeProcessing time
Debit/credit cardFreeAbout $3Instant in; up to 24 hours out
Bank wireFreeCorrespondent bank fees apply3–5 business days
Skrill / NetellerFreeFreeInstant in; from 30 minutes out
Local rails (M-Pesa and others)FreeVaries by providerSame day
CryptoFreeNetwork feeNetwork-dependent