Is FXTM a Scam? Regulation Check 2026
We checked FXTM's licence in the official FSCA register. Here is what the public records say.
Verdict
FXTM is NOT a scam. It holds FSCA licence 46614, authorising it to offer trading services in South Africa.
How to verify on the official register
| Regulator | FSCA Financial Sector Conduct Authority (FSCA) |
| Licence Number | 46614 |
| Regulated Entity | Forextime South Africa |
| Founded | 2011 |
What FSCA regulation means
FSCA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FSCA directly.
What FSCA 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 FSCA if FXTM fails to resolve your issue
- FXTM submits to regular independent financial audits under FSCA oversight
Frequently Asked Questions
Is FXTM a scam or legitimate?
FXTM is NOT a scam. It holds FSCA licence number 46614. FSCA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FSCA official register.
How do I check FXTM's FSCA licence?
Go to the official FSCA website and use the public register search. Search for licence number 46614 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 FSCA-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 South Africa?
In South Africa, FXTM operates under FSCA 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 FSCA.
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