How much money do I need to trade Forex on FXTM MT4 (MetaTrader4)?

FXTM does not charge you for opening or having a Forex trading account, so you are only required to meet the minimum required deposit amount which is 10 USD.

The required deposit amount is only 10 USD for an account type.

In case the account’s base currency is not in USD, the equivalent amount is required.

FXTM Official Website

Other fees

FXTM does not charge you for deposit & withdrawals, nor some kind of maintenance fees.

Only fees you need to cover would be the ones which are charged during trading Forex & CFDs.

The main fees you need to cover for trading with FXTM are as follows:

Spread (the difference between bid and ask prices)
Extra trading commissions – 4 USD per 1 million dollars traded (for ECN MT5 account only)
Overnight Swap charges – charges for the open positions over night

All of the above are the standard fees and commissions charges by almost all online Forex brokers.

FXTM has a very low hurdle for investors to start trading.

For more information about FXTM’s service, please contact the support team from FXTM Official Website.