Introduction
FTGMarkets.com is a brokerage firm that offers online trading services for forex, CFDs, and metals. The company is based in the Marshall Islands and is regulated by the Marshall Islands Business Corporation Act. The company has been in business since 2019 and offers a wide range of trading features and products. In this review, we will take a look at the pros and cons of FTGMarkets.com as well as traders’ ratings.
What is FTGMarkets.com?
FTGMarkets.com is an online broker that provides traders with access to the global financial markets. The company offers a wide range of products and services, including forex, CFDs, commodities, indices, stocks, and ETFs. FTGMarkets.com is headquartered in London and is regulated by the Financial Conduct Authority (FCA).
The company’s platform is available in English, French, Spanish, German, Italian, Portuguese, Arabic, Russian, and Chinese. FTGMarkets.com offers customer support 24/7 via live chat, email, and telephone.
How Does FTGMarkets.com Work?
When you visit FTGMarkets.com for the first time, you’ll quickly notice that it’s a very user-friendly website. The homepage has a registration form where you can sign up for a free account. Once you have an account, you can login and start trading right away. The interface is very simple and easy to use, even for beginners.
There are two ways to trade on FTGMarkets.com: manually or automatically. If you choose to trade manually, you will need to select the assets that you want to trade, set your own parameters, and then place your trades manually. If you prefer to trade automatically, you can use the built-in trading bots which will do all the work for you.
The minimum deposit on FTGMarkets.com is $250 and there is no maximum limit. You can deposit funds into your account using credit/debit cards or bank wire transfer. Withdrawals are also processed quickly and efficiently.
One of the best things about FTGMarkets.com is that they offer a demo account so that you can try out their platform before risking any real money. This is a great way to get familiar with the interface and learn how to trade effectively on the site. Overall, we were very impressed with FTGMarkets.com and we think it’s a great option for both beginner and experienced traders alike
The Pros of FTGMarkets.com
FTGMarkets.com is one of the most popular online brokers for forex and CFD trading. The company is based in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). FTGMarkets.com offers a wide range of currency pairs, indices, commodities and CFDs for trading. The broker also provides its clients with a free demo account and Islamic accounts are available upon request.
The main advantages of FTGMarkets.com are:
– Regulated by CySEC
– Wide range of tradable instruments
– Free demo account
– Islamic accounts available
The Cons of FTGMarkets.com
There are a number of potential cons associated with FTGMarkets.com that traders should be aware of before opening an account. First, the broker is not yet regulated by any major financial authority, meaning that it may not be held to the same standards as other brokers. Additionally, the broker offers a very limited selection of tradeable assets, with only 19 forex pairs and 10 CFDs available to trade. Finally, FTGMarkets.com charges high commissions on trades, with spreads starting at 3 pips on forex pairs and 0.03% on CFDs.
Traders Ratings
FTGMarkets.com is a forex and CFD broker that offers trading in a wide range of assets including currency pairs, commodities, stocks, and indices. The company is based in the Seychelles and is regulated by the Financial Services Authority (FSA).
The broker offers two account types – a standard account and an Islamic account – and provides leverage of up to 1:500. Minimum deposit requirements are low at just $100 for the standard account and $50 for the Islamic account.
FTGMarkets.com also offers a number of attractive bonuses and promotions including a welcome bonus, deposit bonus, and referral program.
The broker’s trading platform is the popular MetaTrader 4 (MT4) which is available as a desktop application, web-based platform, or mobile app. MT4 is a user-friendly platform with extensive charting and analysis features.
Overall, FTGMarkets.com is a reliable broker with low minimum deposit requirements, good customer support, and a solid trading platform.
Conclusion
FTGMarkets.com is a reliable and user-friendly online trading platform that offers a wide range of features and tools to its clients. The company has been in business for over 10 years and has a proven track record of providing excellent service to its clients. Although there are some cons to using the FTGMarkets.com platform, overall it is a great option for those looking for an online broker that they can trust.