Compare FXOpen with FXTM - Online Brokerage Comparison

Compare FXOpen vs FXTM
FXOpen vs FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
Minimum Deposit
MT4, MT5, TickTrader
Trading Platforms
Markets To Trade
FXOpen offers an MT4 Micro (Cent) account with a $1 minimum deposit and provides automated trading on MT4, MT5 and TickTrader
Minimum Deposit
MT4, MT5
Trading Platforms
Markets To Trade
FXTM provides an MT4 Micro (Cent) account and offers trading on MT4 and MT5 (including automated trading)

FXOpen vs FXTM Comparison

These broker each offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the successor to MT4. Both brokers can offer a low minimum deposit as each provides an MT4 Cent account which provides very low trade sizes. FXOpen additionally provides TickTrader, which can support automated trading on its desktop version (like MT4 and MT5).

ECN conditions

Both can offer prices via liquidity providers, providing low spreads plus a commission charge. Each broker allow scalping.

Quick comparison

Both brokers provide MT4 and MT5, while FXOpen additionally provides TickTrader and each offers Cent accounts and accounts for higher volume traders.

Minimum deposit and account types

The minimum deposit for FXOpen is $1. The minimum deposit for FXTM is $10 ($50 in the EEA).

  • FXOpen offers ECN, STP, Micro and Crypto account types. The minimum deposit is $1 for the Micro account (for MT4 only), $10 for the STP and Crypto accounts and $100 for the ECN account. The ECN account charges commissions on its markets, the STP does not charge commissions. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). FXOpen supports social and copy trading via ZuluTrade and Myfxbook. The minimum trade size is 0.0001 lots on the Micro account. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
  • FXTM offers three account types: Micro, Advantage and Advantage Plus. The minimum deposit for the Micro account is $10 (for MT4 only). The minimum deposit for the Advantage and Advantage Plus account is $500. The Micro account is a Cent type account with low minimum trade sizes. The Advantage account offers spreads from 0 plus a commission charge. The Micro and the Advantage Plus accounts offer spreads from 1.5 without a commission charge. FXTM provides Market Analysis Videos and Podcasts, a Forex News Timeline, Education, Market Outlook and an Economic Calendar. Copy trading is provided via FXTM Invest. The minimum trade size is 0.0001 lots.


  • FXOpen offers Forex, Indices, Energy, Metals, Stocks and Cryptocurrencies, with 600+ available.
  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 1000+ available.

FXOpen provides 45+ Forex pairs, FXTM provides 55+ Forex pairs.

FXTM vs FXOpen Quick Comparison
BrokerTrading PlatformsDescription
MT4, MT5, TickTrader
Trading Platforms
FXOpen offers automated trading on MT4, MT5 and TickTrader and has a Cent account with a $1 minimum deposit
MT4, MT5
Trading Platforms
FXTM provides trading, including automated trading, on MT4 and MT5 and offers a Micro (cent) account

Cryptocurrency CFDs

  • FXOpen offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dashcoin, IOTA, Ethereum Classic, EOS, Emercoin, Monero and NEO CFDs.

Spreads and leverage

Both brokers can offer low spreads plus a commission charge. FXTM additionally provides Forex spreads from 1.5 without a commission charge.

Maximum leverage for FXOpen (FCA regulated) is . Maximum leverage for FXTM (FCA or CySEC regulated) is .


  • For Forex, FXOpen charges a commission, which depends on volume traded, from $1.5 - $5 per standard lot per side. Other instruments have differing commission charges.
  • FXTM charges a commission from $0.40-$2 per lot per side, depending on the equity in the account and the volume traded. Commissions are charged for the ECN account.

Online trading platforms

Both brokers offer MT4 and MT5. FXOpen additionally provides TickTrader.

Why FXOpen or FXTM 

Traders who want to trade on MT4 or MT5 may do so at either. Traders who want to trade on user friendly TickTrader can find this platform at FXOpen. Traders who want to trade on an MT4 Cent account (in both cases called the Micro account) may do so at either, however FXOpen has a $1 minimum deposit.

Comparison summary

  • Both brokers provide CFD trading
  • Both offer MT4 and MT5
  • FXOpen additionally provides TickTrader
  • FXTM and FXOpen offer MT4 Cent accounts, with low trades sizes and a low minimum deposit
  • FXOpen has a $1 minimum deposit
  • FXTM provides copy trading on FXTM Invest