In this section we will tell you why You should NOT invest in FtmTrade. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about FtmTrade and tell you why we came to such a conclusion:
|🌐 Website||ftmtrade.com | ftmtrade.co|
|️ Regulation||not regulated|
|📌 Address||United Kingdom|
⚠️ FtmTrade is owned by FTMTrade, the company is located in the United Kingdom, dangerous for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. Be careful. ⚠️
We now move on to discussing the account types that FtmTrade offers, in this case, we note that it does not offer any account types.
Information on the web
FtmTrade provides a basic explanation about the financial products it offers, an educational section, asset index, market news although in English, economic calendar also in English, live charts, some financial calculators, not much more than this.
List of phone numbers
🚫 FtmTrade Final Rating 🚫
Finally, and in a few words, our recommendation is: DO NOT INVEST WITH FtmTrade.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
News about FtmTrade:
|Date||Update – news|
|August 2022||We receive a lot of messages from FtmTrade clients claiming that they are unable to withdraw their capital.|
|November 2022||FtmTrade is denounced by the regulatory body FSMA.|
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with FtmTrade.
At the end of the review you will find customer comments.
How to Claim Money Scammed by FtmTrade
How to Report FtmTrade
Frequently Asked Questions
How can I report FtmTrade?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is FtmTrade a scam – is it scam?
Yes. We believe that FtmTrade is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is FtmTrade trustworthy?
No. FtmTrade is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from FtmTrade?
If you want to know how to recover your capital, you can see it here!. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to FtmTrade?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.