For traders eager to refine their skills without risking real capital, a quality demo account is indispensable. FXTM understands this need—and its demo account delivers. Designed to mirror live markets, FXTM‘s demo account lets you test strategies, explore tools, and build confidence in a risk-free space. Whether new to trading or seasoned, this demo account bridges the gap between theory and practice.Below, our curated FAQs on WikiFX address common queries about FXTM’s demo account: how to access it, key features, limitations, and tips for maximizing its value. No jargon, no fluff—just clear answers to help you make the most of your trading journey. Explore the FAQs below to learn more about the broker's demo account.
FXTM Demo Account Related FAQs
What is the minimum deposit in FXTM?
The minimum deposit to open an account with FXTM is $/€/£/₦200, depending on your selected currency.
What are the minimum and maximum withdrawal amounts from FXTM?
At FXTM, you can withdraw any amount, as long as you use an appropriate payment method. There is no fixed minimum or maximum withdrawal amount.
On FXTM, are there any deposit and withdrawal fees?
FXTM charges a fee of €/£/$3 or ₦2,500 for any deposit under €/£/$100 or ₦10,000. Withdrawal fees may also apply depending on the payment method.
Can I deposit into FXTM with cards?
Yes, FXTM supports deposits via credit and debit cards, allowing you to use any card of your choice.
What is the maximum leverage with FXTM?
FXTM offers leverage of up to 1:3000, so it's important to use caution when trading with high leverage.
Is the spread in FXTM high or low?
The spread in FXTM varies depending on the account type. For Advantage accounts, spreads can start from as low as 0.1 pips.
What account type does it offer?
FXTM offers three account types: Advantage, Advantage Plus, and Advantage Pro, each with different features and conditions.
What are the pros and cons of FXTM?
FXTM, founded in 2011 and registered in the UK, has advantages such as multiple account types, high leverage, and a wide range of instruments. However, some users find its fees and withdrawal restrictions a disadvantage.
What trading instruments are available on FXTM?
FXTM offers a variety of trading instruments, including forex, metals, commodities, stocks, indices, and cryptocurrencies.