FXT (FXTRADING.com) UAE Review: Regulation, Fees and Safety for UAE Traders

BrokerBazaar Rating 7.5/10, scored against the five published pillars. Regulation & Safety (30%): 8.0/10 - ASIC AFSL 337985 for Australian residents with segregated trust accounts at National Australia Bank and AFCA access, but international clients fall under the Vanuatu FSC (licence 40256) with no statutory compensation scheme. Costs & Fees (25%): 7.0/10 - commission-free Standard accounts from 0.1-0.3 pips and a Raw option from 0.0 pips, offset by a 1.5% Neteller fee, 5 USDT crypto withdrawal fee and independent tests showing wider live spreads than advertised. Platforms & Products (20%): 7.5/10 - MT4, MT5, in-house WebTrader, mobile app and FIX API across roughly 200 instruments, plus Funds Management tools. Service & Experience (15%): 7.5/10 - $50 minimum, 24/7 chat, seven languages, broad funding menu, withdrawals processed within 24 hours. Trader Feedback (10%): 7.0/10 - Trustpilot 4.5/5 from 179 reviews with all negative reviews answered, though replies typically take over a month. Account specifications, licence details, funding fees and restricted countries were taken from fxtrading.com and help.fxtrading.com in September 2026; execution speed, liquidity depth and the 100,000-trader figure are the broker's own statements and could not be independently verified.

FXT, formerly FXTRADING.com, is a multi-asset CFD and forex broker headquartered at Level 27, 25 Bligh Street, Sydney. It was established in 2014 and forms part of the Gleneagle Group. Australian residents are served by Gleneagle Securities (Aust) Pty Limited under ASIC Australian Financial Services Licence 337985; non-Australian residents are onboarded through Gleneagle Securities Pty Ltd, licensed by the Vanuatu Financial Services Commission under Securities Dealers Licence 40256. The broker states that client money is held in segregated trust accounts with tier-1 banks (National Australia Bank for the Australian entity) and that it undergoes regular independent external audits.

FXT offers three spread-only Standard accounts (Standard from $50 at 0.2 pips, Standard Plus from $100 at 0.3 pips, Standard Pro from $100 at 0.1 pips), all commission-free with market execution, 0.01 to 100 lot sizes, 100% margin call and 50% stop out. A Raw Spread pricing model with spreads from 0.0 pips and around $3.50 per side commission is also advertised. Maximum leverage is 1:2000 on the Vanuatu entity; Australian retail clients are limited to ASIC's 1:30 cap. Around 200 instruments are available across forex (46 pairs), indices, commodities, energies, share CFDs and cryptocurrencies.

Platforms include MetaTrader 4, MetaTrader 5, the in-house FXT WebTrader and FXT App, plus FIX API connectivity. In July 2026 the broker launched FXT AI (behaviour and risk analytics, not signals), a paperless Funds Management framework for money managers and introducing brokers, and a refreshed mobile app. Support is offered 24/7 via live chat and AI assistant, with staffed support on weekdays in seven languages. Funding methods include Visa/Mastercard, PayPal, Neteller (1.5% fee), UnionPay ($500 minimum), Apple Pay, Google Pay, international bank wire and USDT (5 USDT withdrawal fee); withdrawals are processed within 24 hours and typically settle in 1-5 business days.

Accounts are not available to residents of the United States and its territories, New Zealand, Russia, Ukraine, Iran, North Korea, Belize, Martinique or Ontario, and from 14 July 2026 to applicants associated with Afghanistan or Pakistan. The broker itself notes that the VFSC framework does not include a statutory investor compensation scheme, so protections for international clients differ materially from those for Australian residents.