FXTM vs Tradeview - Fees Review included
Which broker is better FXTM or Tradeview? Our expert assessment conducted according to TU’s own methodology showed that FXTM is one of the top brokers in the financial market with the TU Overall Score of 6.77 out of 10. Tradeview is one of the top brokers in the financial market with the TU Overall Score of 6.25 out of 10. Find out more about TU Overall Score.
| Feature | FXTM | Tradeview |
|---|---|---|
Overall |
4.5 |
4.2 |
4.9 |
3.8 |
|
4.7 |
4.8 |
|
4.5 |
4.6 |
|
Investment Instruments |
4.2 |
3.6 |
Platforms and Charting Tools |
4.3 |
5.0 |
Deposit and Withdrawal |
4.6 |
4.6 |
Research |
4.5 |
2.1 |
Education |
4.6 |
1.8 |
Support |
4.4 |
4.6 |
Bonuses |
2.9 |
1 |
|
|
|
FXTM vs Tradeview: Pros and Cons
Broker FXTM (pronounced "ForexTime") started in 2011. It provides an opportunity to make a profit through active trading or investment programs. The company is regulated by CySEC (Cyprus Securities and Exchange Commission), South African FSCA (Financial Sector Supervision Authority), UK FCA (Financial Conduct Authority), and FSC (Mauritius Financial Supervisory Commission). The broker has received many awards, including "Best Trading Conditions" (2018, 2019) and "Most Innovative Broker" (2018).
Tradeview Markets is an ECN and CFD broker that has been operating since 2004. The company offers trading with 5 asset classes. There is also a separate Tradeview Markets unit providing stock CFD trading services. The office is headquartered in the Cayman Islands. Over 100 000 clients from different countries use the broker’s services. The broker operates under a financial services license issued by the Cayman Islands Financial Regulator (CIMA) and the Malta Financial Services Authority (MFSA).
| FXTM | Tradeview | |
|---|---|---|
| Overall Pros | Direct US stock trading with zero fees | Tight market spreads (from 0.1 pips) |
| Stock baskets | Access to the cTrader Copy service | |
| 3 types of ECN accounts | Copying services via its cTrader Copying app | |
| Low fees and near zero spreads | 4 types of trading terminals – MetaTrader 4, MetaTrader 5, cTrader and CurreneX | |
| Well regulated forex broker | No trading restrictions | |
| FXTM invest copy trading platform | ||
| Trading signals and trading calculators tools | ||
| Overall Cons | Lack of cryptocurrency | Withdrawal fees |
| Limited education | ||
| ECN account minimum deposit $1,000 | ||
| No tier-1 regulations |
FXTM vs Tradeview: Safety and Regulation
| FXTM | Tradeview | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-2 |
Investor protection |
$1 million |
€20,000 |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
FXTM vs Tradeview: Trading Conditions
| Trading Conditions | FXTM | Tradeview |
|---|---|---|
Minimum Deposit |
$50 |
$100 |
Trading Platforms |
MT4, MT5 |
МТ4 (desktop, mobile, web), МТ5 (desktop, mobile), cTrader, CurreneX, Sterling Trader |
Max Leverage (Futures) |
1-2000 (not for all markets) |
1-400 |
Supported Markets |
Forex, Stocks, CFDs on stocks, indexes, Commodities, Metals |
Currency pairs (60), indices (9), metals (3), energy resources (3), cryptocurrencies (5),over 5,000 real U.S. stocks and options |
Trading assets |
1000+ |
5000+ |
Trading Accounts |
Standard, Cent, Stocks, Stock CFDs, ECN , ECN Zero, FXTM pro |
Demo, Innovative Liquidity Connector, X Leverage Account |
Base Account Currencies |
USD, EUR, GBP, NGN |
USD, EUR, GBP, JPY, CAD, AUD |
FXTM vs Tradeview: Fees
| FXTM | Tradeview | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
1,1 |
0,2 |
Standard acc. spread EUR/USD, max pips |
2,1 |
1,2 |
ECN Commission |
2,5 |
2,5 |
ECN Spread EUR/USD |
0,20 |
0,2 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0-1,5 |
Withdrawal fee, USD |
3-20 |
0-35 |
Inactivity fee, $ |
5 |
50 |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
FXTM vs Tradeview: Trading Assets
| Asset Name | FXTM | Tradeview |
|---|---|---|
Overall |
1000+ |
5000+ |
Forex |
Yes |
Yes |
Stocks |
Yes |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
No |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
Yes |
Futures Trading |
Yes |
Yes |
Binary Options |
No |
No |
FXTM or Tradeview: Investment Programs
| Asset Name | FXTM | Tradeview |
|---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
Yes |
No |
Other |
No |
No |
Trading Platforms: Tradeview or FXTM
| FXTM | Tradeview | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
FXTM invest |
No |
Others |
No |
CurreneX, Sterling Trader |
|
|
|
FXTM vs Tradeview: Deposit and Withdrawal Methods
| FXTM | Tradeview | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
FXTM vs Tradeview: Research
| Research Type | FXTM | Tradeview |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
Yes |
No |
FXTM vs Tradeview: Education
| Education Type | FXTM | Tradeview |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
No |
Tradeview vs FXTM: Support
| Support Features | FXTM | Tradeview |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
callback, Telegram, Messenger Facebook, WhatsApp, |
Contract form |
FXTM vs Tradeview: Forex Bonuses and Promo
| Promo | FXTM | Tradeview |
|---|---|---|
Forex Bonus |
cashback of up to $5 |
No |
Affiliate Program |
Refer a friend. For each new invited client, the partner receives $50 |
Only for corporate clients |
Other Promos |
||
|
|
|
Top 5 Reviews on Tradeview
-
Comment
It is not possible to withdraw money from Tradeview. The request hangs for 3 weeks, but the withdrawal is still pending. Friends, do not open an account with this company, they will definitely deceive you. They are scammers, I tell you for sure!
-
Comment
Tradeview does not display transactions on the interbank market. Everything spins in their company and goes straight into their wallet. Out of inexperience, I brought my money here in order to increase it, 6000 bucks, but nothing was left of them, unfortunately. Don't believe a single word they say!
-
Comment
threw 300 dollars, everything was fine, reached 1000 tried to withdraw, everything went fine. threw another 1500 to 5k everything was fine. yesterday I go in and writes: data entered incorrectly (lost money! do not believe them! everything is a scam!!!!
-
Comment
These are real scammers! The money will be withdrawn a couple of times, and the next one freezes, then all communication disappears. Deception!!!
-
Comment
If you are an active trader and if you need a broker with a small commission, then you should pay attention to the Tradeview Markets. This broker provides very good conditions. Spreads tend toward zero, and the commission is small. If you have more than $100,000 in capital and your traded volume exceeds a certain level, then you will be provided with VIP conditions with very low commission, spreads, and other chips. I can’t say anything about the affiliate program, because I didn’t use it.
Top 5 Reviews on FXTM
-
Comment
I noticed a great difference between trading on a demo account and a live one with FXTM. There were no requotes or significant slippages on the demo account, which created the illusion of simple trading. However, when switching to a live account on the FXTM platform, some technical problems arose that made successful trading difficult. Apparently, real conditions require a more attentive and cautious approach to trading.
-
Comment
One day I decided to try my hand at trading with FXTM. However, they don't seem to be very interested in new traders. Managers from FXTM did not even want to help me complete the verification procedure to withdraw funds. In the end, I earned some money, provided them with the necessary documents, but they still blocked my user account when I submitted a withdrawal request. They refused to even discuss it and treated me rudely. FXTM managers are simply disrespectful.
-
Comment
I decided not to trade with FXTM. I won’t deny it, I limited myself to only testing a demo account with this company. It turned out that the order execution speed is very low, so orders are opened at unprofitable prices, and it is impossible to conduct a normal market analysis. I think I'm not the only one who encountered such problems at FXTM.
-
Comment
FXTM is creating problems when traders execute successful trades. At first glance, they give traders the opportunity to work and even withdraw small amounts of profit. However, as soon as profitable operations begin, difficulties occur. Withdrawing funds becomes problematic as support begins to suspect its clients of “dubious trades”. I don't recommend FXTM.
-
Comment
FXTM is a dishonest broker! I don’t even want to recall how I was deceived here! The support assured that everything was transparent and there was no manipulation. Then why does the price always, before closing an order, suddenly go against me? And it would be okay if it were on several trades! But this happens all the time! FXTM just completely took my deposit!
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.