Where Is FXTM Legal? Banned & Supported Countries

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FXTM isn't available in US
FXTM REVIEW

For residents of this country (United States), FXTM is not available and does not accept clients. Below are the top three highest-rated brokers available there in 2026 — the best alternatives to consider.

zForex
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7.95 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
zForex
Regulation Not regulated
EUR/USD 0.1 pips
Plus500
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7.57 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
Plus500
Regulation Tier-1
EUR/USD pips
OANDA
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6.88 /10
TU Overall Score is an overall broker rating based on key factors such as safety, fees, trading conditions, platforms, and customer experience. Scores range from 0.01 to 9.99 — higher values indicate a more reliable and competitive broker. TU Methodology
OANDA
Regulation Tier-1
EUR/USD 0.15 pips

FXTM Available Countries List

Note! We regularly update the information about FXTM regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact FXTM customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where FXTM currently provides its services: flag United Kingdom flag Spain flag Malaysia flag Ukraine flag Pakistan flag Afghanistan flag Albania flag Algeria flag Argentina flag Armenia flag Australia flag Azerbaijan flag Bahamas flag Botswana flag Brunei flag Cambodia flag Cameroon flag Chile flag China flag Colombia flag Costa Rica flag Cote d'Ivoire flag Croatia flag Denmark flag Dominican Republic flag Ecuador flag Estonia flag Eswatini flag Ethiopia flag Georgia flag Greece flag Hong Kong flag Hungary flag Israel flag Jamaica flag Japan flag Kazakhstan flag Kyrgyzstan flag Laos flag Luxembourg flag Madagascar flag Malta flag Mexico flag Moldova flag Mongolia flag Montenegro flag Mozambique flag Namibia flag Nepal flag North Macedonia flag Norway flag Papua New Guinea flag Peru flag Philippines flag Rwanda flag Serbia flag Slovenia flag Somalia flag Taiwan flag Tajikistan flag Tanzania flag Trinidad and Tobago flag Tunisia flag Uzbekistan flag Venezuela flag Zambia flag Zimbabwe

Note!

Different entities of FXTM may maintain varying lists of supported and restricted countries due to specific regulatory requirements, so the information above represents a general overview.

FXTM Restricted Countries List

Note! We regularly update the information about FXTM regional restrictions. However, the broker’s access policy may change from time to time. For the most up-to-date details, please contact FXTM customer support directly.

According to publicly accessible information and the broker’s regional guidelines, the following countries are where FXTM currently does not provide its services: flag India flag United States flag Canada flag Indonesia flag Poland flag Germany flag France flag Nigeria flag Brazil flag Italy flag South Africa flag Angola flag Austria flag Bahrain flag Bangladesh flag Belarus flag Belgium flag Bolivia flag Bulgaria flag Congo flag Cuba flag Cyprus flag Czechia flag DR Congo flag Egypt flag El Salvador flag Finland flag Ghana flag Haiti flag Iran, Islamic republic flag Iraq flag Ireland flag Jordan flag Kenya flag Korea flag Kuwait flag Latvia flag Lebanon flag Lesotho flag Libya flag Lithuania flag Mauritius flag Morocco flag Myanmar flag Netherlands flag New Zealand flag Oman flag Palestine flag Panama flag Paraguay flag Portugal flag Puerto Rico flag Qatar flag Reunion flag Romania flag Saudi Arabia flag Singapore flag Slovakia flag Sri Lanka flag Sweden flag Switzerland flag Syria flag Thailand flag Turkey flag UAE flag Uganda flag Uruguay flag Vietnam flag Yemen

In addition, FXTM — like most international brokers — does not offer services in countries or territories subject to international sanctions or included on the FATF high-risk list.

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In Which Countries is FXTM Regulated? Is FXTM Safe?

FXTM is a Tier-1 regulated broker, operating under the supervision of one or more top-level financial authorities. Such regulation ensures strict compliance, fund segregation, and investor compensation mechanisms. Therefore, FXTM is considered a highly reliable and safe broker.

FXTM countries of regulation
CMA (Kenya) CMA (Kenya) The Capital Markets Authority (CMA) of Kenya regulates and oversees the activities of financial market participants, including stock exchanges, Forex brokers, and investment companies. Its primary goal is to ensure transparency, investor protection, and the development of Kenya's capital markets. The CMA also promotes the introduction of new financial products and supports innovations to strengthen the local capital market.
Full Name The Capital Markets Authority Country Kenya Protection Fund KES 50,000 Regulation level Tier-2
CMA (UAE) CMA (UAE) CMA/SCA (UAE) is the federal capital markets regulator, publishing a comprehensive legislative/regulatory framework (laws/regulations/decisions/circulars, incl. drafts) to enhance transparency, protect investor rights, and ensure fair/efficient markets. The website provides an Open Data platform with key due-diligence sections: Licensed Companies, Warnings, Violations and Violators, plus lists of funds and Authorized Finfluencers. It also offers regulatory procedures relevant to investor protection/disputes—e.g., an appeal service for decisions by SCA/markets in disputes between investors and supervised entities (with submission timing and requirements). There is also a dedicated Minority Investor Protection framework (governance principles, shareholder participation, access to related-party deal information, etc.).
Full Name Capital Market Authority Country United Arab Emirates Protection Fund No specific fund Regulation level Tier-2
FCA UK FCA UK The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the UK. Known for its stringent requirements, it covers a wide range of activities from mortgages to financial advice, ensuring high standards of behavior.
Full Name Financial Conduct Authority Country United Kingdom Protection Fund Up to £85,000 Regulation level Tier-1
FSC (Mauritius) FSC (Mauritius) FSC Mauritius ensures the orderly administration of the financial services and global business sectors in Mauritius, enhancing investor protection and international compliance.
Full Name Financial Services Commission of Mauritius Country Mauritius Protection Fund No specific fund Regulation level Tier-3
FSCA SA FSCA SA The FSCA oversees the South African non-banking financial services industry, focusing on protecting investors and efficiently preventing financial crimes by enforcing stringent compliance standards.
Full Name Financial Sector Conduct Authority of South Africa Country South Africa Protection Fund No specific fund Regulation level Tier-2

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Expert Advice

Anton Kharitonov
Chief Analytics Officer
  • Another key factor is the FATF (Financial Action Task Force) list of high-risk and sanctioned jurisdictions. Most reputable brokers block account openings from countries on the FATF grey or black list, such as North Korea, Iran, and Myanmar. This policy is not a matter of discrimination but compliance with international anti-money-laundering (AML) and counter-terrorist-financing (CTF) standards. Clients residing in these regions are typically required to verify eligibility through additional documentation or may be refused service altogether.

Editors' Top Picks and Insights

Team that worked on the article

Parshwa Turakhiya
Editorial Standards Specialist

Parshwa is a content expert and finance professional possessing deep knowledge of stock and options trading, technical and fundamental analysis, and equity research. As a Chartered Accountant Finalist, Parshwa also has expertise in Forex, crypto trading, and personal taxation.

Dan Blystone
Senior English Editor

Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.

Chinmay Soni
Head of Fact-Checking Department

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.