Compare FXOpen with FXTM - Online Brokerage Comparison

Compare FXOpen vs FXTM

FXOpen vs FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$10MT4, MT5250+FCA, CySEC, FSCA, FSC

FXOpen vs FXTM Comparison

These broker each offer ECN accounts and MetaTrader 4 (MT4). FXTM additionally provides MetaTrader 5 (MT5), the successor to MT4.

FXTm can offer a larger number of markets to trade, as it offers Stocks CFDs. FXTM additionally has a lower minimum deposit as it provides a Cent account which as well offers very low trade sizes.

Both brokers are regulated by the FCA in the United Kingdom. FXOpen is additionally regulated by the ASIC in Australia and the FSRC in Nevis. FXTM is additionally regulated by the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa.

ECN conditions

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

Quick comparison

FXOpen is an ECN broker. FXTM has a range of accounts including ECN. Both provide MT4, while FXTM also offers MT5.

Minimum deposit and account types

The minimum deposit for FXOpen is €/$300 or £200. The minimum deposit for FXTM is $10. The minimum deposit for ECN trading at FXTM is $200.

  • FXOpen offers three accounts types, ECN, STP and Crypto. The ECN account charges commissions on its markets, the STP does not charge commissions. The ECN account has a wider range of market available. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). The minimum trade size is 0.01 lots. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
  • FXTM offers three Standard account types: Standard, Cent and Shares and three ECN accounts: ECN, ECN Zero and Pro. The minimum deposit for the Cent account is $/€/£10, for the Standard and Shares accounts $/€/£100, for the ECN Zero account $/€/£200, for the ECN account $/€/£500 and for the Pro account the minimum deposit and minimum account balance is $/€/£25,000. The Pro account offers spreads from 0 without a commission charge. FXTM offers Market Analysis and Education on its website. Copy Trading is available via FXTM Invest. The minimum trade size is 0.0001 lots.


  • FXOpen offers Forex, Indices, Energy and Metals, with 65+ available.
  • FXTM offers Forex, Indices, Energy, Metals and Stocks, with 250+ available.

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

Cryptocurrency CFDs

  • FXOpen offers Bitcoin, Ethereum, Litecoin, NEO, OMNI, Monero, IOTA, Ripple, EOS, Ethereum Classic, Bitcoin Cash, DASH, Namecoin, Peercoin and Emercoin.

Spreads and leverage

Both brokers can offer low spreads plus a commission charge. FXTM additionally provides Forex spreads from 1.3 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 starting at $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

FXOpen offers MT4 desktop, MT4 apps and an MT4 based web trader. FXTM offers MT4 and MT5 desktop, apps and MT4 and MT5 web traders.

Why FXOpen or FXTM 

Those who want to trade on MT4 on ECN accounts can do so at either broker. FXTM additionally offers a Cent account which as well as allowing very small trade sizes has a very small minimum deposit, and provides the MT5 platform.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers ECN accounts
  • FXTM can provide a wider range of markets
  • Both offer MT4
  • FXTM additionally provides MT5
  • FXTM has a Cent account with low trades sizes and a low minimum deposit

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