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FXTM in Egypt: Is it Available and Legit?

Andrey Mastykin
Written by:
Andrey Mastykin
Ciaran Ryan
Reviewed by:
Ciaran Ryan
Chinmay Soni
Fact-checked by:
Chinmay Soni
Updated:
November 07, 2026
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FXTM isn't available in US
FXTM REVIEW

As of November 2026, FXTM is not available to clients in Egypt. This likely indicates that the broker either lacks the necessary regulatory authorization based on our analysis or has explicitly excluded Egypt from its service areas.

Top 5 FXTM alternatives in Egypt

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

Unfortunately, FXTM is not authorized to operate in Egypt according to our analysis. However, there are excellent alternative options available for residents of Egypt. We selected them based on the following criteria:

  • The broker accepts clients from Egypt
  • The broker holds at least one Tier-1 regulatory license.
  • The broker has a high overall score according to our methodology.
  • The broker offers competitive trading conditions.
Top 5 brokers in Egypt compared
TU Overall Score 9.4 9.35 9.3 9.1 9.2
Regulation and safety Score 9.7 10 10 8.1 9.2
Regulation FSC, FSCA, ASIC, FSA SVG CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) ASIC, FCA, DFSA, BaFin, CMA, SCB, CySec BVI FSC, FSCA SA, FSC (Mauritius), FSA (Seychelles), CMA (Kenya), JSC (Jordan) ASIC, VFSC, FSA
Minimum deposit $50 $5 $0 $10 $1
Currency pairs 34 57 90 100 90
Floating spread EUR/USD, min pips 0.6 0.7 0.5 0.6 0.1
Floating spread EUR/USD, max pips 0.8 1.2 1.5 1.5 0.4
Go to broker Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.
Go to broker
Your capital is at risk.

Is Forex trading regulated in Egypt? Is Forex taxable in Egypt?

  • Forex regulation in Egypt

    The Egyptian Financial Supervisory Authority (EFSA) is Egypt’s financial regulator. This body is responsible for ensuring compliance of Forex brokers with legal requirements. Brokers must comply with the requirements of the authorized capital, they must have an office in Egypt, and insurance for traders.

  • Investor protection

    The Law No. 72 of 2007 regulates the rules for Forex brokers. Traders are insured against financial losses of the Investor Compensation Fund. The amount of compensation can reach EUR 20,000.

  • Taxation

    Traders in Egypt are obliged to pay tax on profits received on Forex. The tax rate is 25%.

Why trust us

Independent analysis, real experts, and transparent methodology

  • 15+ years of independent market analysis

  • 140+ evaluation criteria, reviewed by 50+ experts

  • Data-driven reviews of 200+ platforms, updated regularly

  • 20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

why trust us why trust us why trust us why trust us why trust us why trust us

Expert Advice

Anton Kharitonov
Anton Kharitonov
Chief Analytics Officer

  • Based on my analysis, understanding your region’s regulatory framework is crucial when selecting a broker. Financial oversight standards vary significantly by country. For instance, US-based brokers often fall under the purview of the NFA or CFTC, known for enforcing strict leverage limits and high transparency. In contrast, brokers regulated in the EU under MiFID II must adhere to uniform rules across all member states. When choosing a broker, traders should prioritize alignment between the broker's regulation and their own trading goals and risk tolerance, as regional rules can significantly impact leverage, fees, and available assets.

Editors' Top Picks and Insights

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Team that worked on the article

Andrey Mastykin
Andrey Mastykin
Head of Company Reviews and Ratings

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.

Learn about our editorial policies
Ciaran Ryan
Ciaran Ryan
Editor at Traders Union

Ciaran Ryan is a veteran financial journalist based in South Africa, where he covers cryptocurrency, mining, stock markets, and governance for Moneyweb. He also hosts the weekly Moneyweb Crypto Podcast.

Chinmay Soni
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.

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