In this section we will analyze the broker Foptrade (also called by the name: foptrade.com), is a broker of Forex y CFDs. Is Foptrade really recommended to make an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find the following: opinions about Foptrade ✅, claims, complaints eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2021), and most importantly: Is it foptrade ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review about this investment company.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ Foptrade mentions being part of: Turbo Trading Limited.
❌As for your location, the broker mentions being based on Vanuatu. According to messages received from former Foptrade employees, the broker's offices are located at Paseo de reforma 250 torre B, 17th floor (but they await you at the 7th floor reception), Mexico.
❌ If we analyze the broker regulation, do not mention nothing about being a regulated broker or its regulation.
⛔ ATTENTION: Foptrade is a broker NOT REGULATED. ⛔
📌 RememberRegulated brokers are the best (and safest) option, as they must meet very strict requirements. Working with an unregulated broker is very risky. 📌
Account types | Investment platform
If now we go on to analyze account types offered by Foptrade, we note that it offers 4 different types of accounts: Micro Account, Classic Account, Premium Account and VIP Account. We will leave you an image with a little information about each type of account.
Micro Account: personal account manager, 24-hour service and support, e-books and training videos, professional live trading sessions, streaming news and market analysis.
Classic Account: Personal account manager, 24-hour service and support, e-books and training videos, live professional trading sessions, streaming news and market analysis, exclusive daily analysis.
Premium account: personal account manager, 24/XNUMX service and support, e-books and training videos, professional live trading sessions, streaming news and market analysis, exclusive daily analysis, automated trading signals, advanced algorithmic trading tools .
VIP account: personal account manager, 24/XNUMX service and support, e-books and training videos, professional live trading sessions, streaming news and market analysis, exclusive daily analysis, automated trading signals, advanced algorithmic trading tools , individualized expert advice, licensed asset management services, exclusive business conditions VIP promotions.
In the following image you can have more information about the types of account. Click here to see the image in full size.
La platform to operate that Foptrade offers is: MT4 platform.
Resources | Website
We will now analyze the different resources and aids for traders that Foptrade provides on its website. We believe that the resources and help provided on the website can be a great point in favor of the broker.
Foptrade provides the following aids or resources to traders or interested parties: a brief explanation about the products you offer, news, really not much more than this.
🌐 Other information about Foptrade 🌐
???? Some more information in case you want to contact the company, or see its website for yourself. ????
🌏 Website: foptrade.com
📞 Telephone number: does not have.
📧 Email: [email protected]
You might be wondering why we did a review on Foptrade. We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question. We like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before deciding or not to invest with an investment company.
Are you a representative of this company? We recommend you leave a comment responding to customer concerns.
➡️ Rating on Foptrade ⬅️
Ending with this section, in our opinion Do we believe that the company Foptrade is trustworthy? Should you invest your money with the company? Are they a recommended company? ⭐2021 analysis ⭐
❌ After analyzing it, we recommend to exercise caution, since it is a broker that is not regulated and is located in a very unsafe country for this type of actions, in addition, when looking for reviews about Foptrade we find many that are negative and warn about this broker. ❌
(I.e. A pocas palabras: It doesn't seem like a good idea, we suggest using caution. 📛
⛔ Attention ⛔ : We have received messages from clients assuring that Foptrade works in conjunction with Stocks24, a broker with numerous complaints against him accused of defrauding his clients. ⛔ WE SUGGEST EXTREME CAUTION ⛔
Our advice: We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest? Why invest with an unregulated or poorly regulated broker, when you can invest with a broker regulated by a serious regulator?
📌 Don't forget: One of the few measures that assure clients' money is the regulation of the broker, that is, it is probably the most important characteristic of any broker; HAVE GOOD REGULATION. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain. 📌
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, also leave a comment on our website with your experience with this broker.