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/10

Future FXM

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://futurefxm.com/

Website

Rating Index

Contact

+44 20 4571 8672
support@futurefxm.com
https://futurefxm.com/
71-75 Shelton Street, Covent Garden, London, United Kingdom, WC2H 9JQ

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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Contact number

English

+44 20 4571 8672

Other ways of contact

Broker Information

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Company Name

Future FXM

Abbreviation

Future FXM

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-07-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Future FXM · WikiFX Survey

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Future FXM · Company Summary

basic-info

General Information

Registered in United Kingdom, Future FXM is an online forex broker allegedly offering diversified range of more than 1,000 trading instruments, including Forex, Stocks, Commodities, Indices, and Cryptocurrency through the advanced MT4 trading platform. The maximum leverage that traders can use is up to 1:1000, and 24 x 7 customer support are available to solve investors trading-related problems.

Is Future FXM safe to trade with

Future FXM has let us down when it comes to enforcing rules and regulations. This broker has been confirmed to be outside of the purview of any regulatory bodies. In light of this lack of licensing, WikiFX has assigned it a regulatory status of “No License” and an overall quality rating of 1.35 out of 10.

Bear in mind that trading with an unregulated forex broker is a surefire way to lose your money. Before making any choice, investors are advised to check out a forex brokers regulatory status on WikiFX.

wikifx

Market Instruments

Future FXM boasts that it provides easy access to five classes of popular and mainstream financial instruments, including Forex, Shares Indices, Cryptocurrency, Commodities are all available through this brokerage platform.

market-instruments

Account Types

Future FXM provides four tired trading accounts for both retail and professional traders: Standard, Premium, ECN Pro and Start VIP.

To open a Standard and Premium account, an acceptable minimum deposit of $100 is adequate, which sounds reasonable for most regular traders. If traders want to try out ECN Pro and Star VIP account, they need to fund at least $500 and $1,000, respectively.

Account currency is available in USD ONLY.

account-types

Spreads & Commissions

Spreads and commissions are set in the end by trading accounts on the Future FXM platform. The Standard and Premium accounts offers a commission-free trading environment, accompanied by wide spreads, from 2 pips and 1.6 pips, respectively. The ECN Pro and Start VIP accounts offer raw spreads from 0.0 pips, with commissions of $6 per lot and $16 per million USD Traded, respectively.

spread-commission
spreads-commissions

Leverage

When it comes to leverage, Future FXM permits traders to use leverage of up to 1:1000, which is significantly higher than the levels regarded appropriate by many regulators.

Don't assume that high leverage is always beneficial; it can magnify both your wins and your losses.

Trading Platform

Future FXM provides the advanced MetaTrader 5 trading platform that can be accessed on any device, web, desktop, mobile app. MT5 enables the user to add any symbols, configure its settings, import price date which helps in analyzing resulting charts. It also enables multiple pair everything you would like to s trade in the financial markets.

The MT5 is a powerful web-based platform that grants you access to the worldwide markets without the necessity to download or install any software. MT5 is a one-stop platform for trading forex, stocks, bonds and commodities.

Payment Methods

The minimum deposit amount is $100 and the minimum withdrawal amount is $5. Future FXM allows its clients to make a deposit and withdrawal through Bitcoin, VISA, MasterCard, Wire Transfer, Neteller, Skrill.

This broker promises that it wont charge any services for deposit and withdrawal.

 payment

Customer Support

The Future FXM customer support is available 24/5. Traders can reach out to Future FXM about any questions or concerns they may have about their accounts or their trading through the following methods:

Telephone: +44 141 628 8525

Email: support@futurefxm.com

Online Communication

Registered Company Address: 27, Old Gloucester Street, WC1N 3AX, London, United Kingdom

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.

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United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
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