FXOpenvs
FXTMCrypto Exchange Comparison
FXOpen and FXTM face off in a crypto CFD comparison. The tension centers on pricing transparency and platform choices vs support features.
Our Verdict
FXTM winsby 0.1 pts
FXOpen and FXTM are closely matched overall. FXOpen stands out on pricing transparency and a proprietary platform.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXOpen provides a proprietary platform option.
- 2FXOpen uses transparent pricing; FXTM pricing is not transparent.
- 3FXOpen lists 8 coins; FXTM lists 7.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Equally matched; both have FCA and CySEC oversight with compensation schemes.
Best for low fees
Recommended
FXOpen is best for low fees due to ECN/STP execution and low crypto spreads.
FXOpen vs FXTM: Side-by-Side Crypto Exchange Comparison
| Criteria |  FXOpen |  FXTM |
|---|---|---|
| Editorial score | 3.6/ 5 | 3.7/ 5 |
| Min Deposit | $100 | $10▼ lower |
| Spreads From | 0 pips▼ lower | 1.5 pips |
| Taker Fee | 3.00% | N/A |
FXOpen vs FXTM Crypto Exchange Pros & Cons
Pros
- FCA and ASIC regulated, strong dual regulatory coverage
- ECN/STP execution with low crypto spreads
- MT4/MT5 with TickTrader proprietary platform option
Cons
- Smaller brand vs tier-1 competitors
- Limited proprietary research or educational content
FXOpen vs FXTM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
FXOpen
criteria win
1
FXTM
criteria win
Highlighted rows show where the two exchanges differ
| Criteria | FXOpen | FXTM |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Fail |
| Transparent pricing page | Pass | Fail |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
FXOpen vs FXTM: Frequently Asked Questions
The scores are close: FXOpen rates 3.6/5 and FXTM rates 3.7/5. FXTM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FXOpen lists a lower spread from 0, compared with FXTM's 1.5. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
FXTM has $10, while FXOpen requires at least $100. This makes FXTM more accessible for traders looking to start with a smaller crypto investment.
Both FXOpen and FXTM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FXOpen offers up to 2:1 on perpetual or margin products, versus FXTM's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
FXOpen charges $3 per trade on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FXOpen supports cTrader, MetaTrader 5, MetaTrader 4, while FXTM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FXOpen has exclusive access to cTrader.
