Is FXTM a Scam? Regulation Check 2026
We checked FXTM's licence in the official CySEC register. Here is what the public records say.
Verdict
FXTM is NOT a scam. It holds CySEC licence 185/12, authorising it to offer trading services in Slovakia.
How to verify on the official register
| Regulator | CySEC CySEC Cyprus Securities and Exchange Commission (CySEC) |
| Licence Number | 185/12 |
| Regulated Entity | Forextime Ltd |
| Founded | 2011 |
What CySEC regulation means
CySEC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with CySEC directly.
What CySEC regulation means for your money
- Client funds held in segregated bank accounts, separate from FXTM's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with CySEC if FXTM fails to resolve your issue
- FXTM submits to regular independent financial audits under CySEC oversight
Frequently Asked Questions
Is FXTM a scam or legitimate?
FXTM is NOT a scam. It holds CySEC licence number 185/12. CySEC is one of the world's most respected financial regulators. The licence is publicly verifiable in the CySEC official register.
How do I check FXTM's CySEC licence?
Go to the official CySEC website and use the public register search. Search for licence number 185/12 or the entity name. The record will confirm FXTM's authorisation status and the scope of its permissions.
Are my funds safe with FXTM?
As an CySEC-regulated broker, FXTM must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if FXTM encounters financial difficulties.
What protection do I have as a FXTM client in Slovakia?
In Slovakia, FXTM operates under CySEC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with CySEC.
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