✔️ Information reviewed and updated in December 2023 by Pedro Martínez González
In this section we will analyze the FTMO broker (also called ftmo.com), is a Forex, Cryptocurrency and CFD broker. Is FTMO 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: opinions about FTMO ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it FTMO ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
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.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: FTMO Evaluation Global sro / FTMO Evaluation US sro
As to its location, the broker mentions being based in: Czech Republic.
If we analyze the regulation of the broker: they do not mention anything about being a regulated broker, which makes us think that it is an unregulated broker.
Remember that to make a safe investment, the best option (and the safest) are the regulated brokersas they must meet very strict requirements. Instead, when working with a unregulated broker, there is a much higher risk of losing the capital invested, in the event that the company goes bankrupt or is reluctant to return the money as it usually happens.
To learn more about regulations, we invite you to access the following link.
Now we go on to analyze account types offered by FTMO, in this case, we were unable to find information about the existence of different types of account.
Las platforms to operate that FTMO offers are: the MT4, MT5 and cTrader platform.
We will now analyze the different resources and aids for traders that FTMO provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
FTMO provides the following aids or resources to traders or interested parties: economic calendar, various applications, a little information, really not much more than this.
| Other information about FTMO |
Some more information in case you want to contact the company, or see its website for yourself.
Telephone+ 44 2033222983
You might be wondering why we did a review on FTMO. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on FTMO <<
Ending with this section, in our opinion Do we believe that the FTMO company is trustworthy? Should you invest your money with the company?
Seeing all this, we recommend taking caution, because: we have found in other reviews a large number of positive comments recommending this broker, but it is not properly regulated, this can be dangerous as we said before. We suggest using caution.
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?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
⛔ ATTENTION ⛔ : In October 2022 AMF added FTMO to its list of fraudulent financial companies, for acting without authorization. ⛔ WE SUGGEST EXTREME CAUTION ⛔➡️ Link to AMF's October 2022 warning ⚠️
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, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.