Risk Management Index
The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.
License Type:Retail Forex License
Regulated in Country/AreaBelarus
Regulatory License No.：192620616
Email Address of Licensed Institution :email@example.com
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :220004, Minsk, PobediTeley Ave. 5, rooM 46 (oFFice 223)
Phone Number of Licensed Institution :375296080686
Licensed Institution Certified Documents :FTM 监管信息 View Certified Documents
Most visited countries/areas
The data are from WIKI Research 2021.04.24 updated
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Basic Information & Regulators of FTM Brokers
FTM Broker is a Belarusian-based financial services provider established to improve investment conditions, optimize taxation and increase legal protection for participants in the OTC Forex market. FTM Broker provides private and professional market participants with innovative tools to manage their funds and make the most of the OTC forex market. FTM Broker currently holds a retail forex license from the Belarusian National Bank of Belarus (NBRB) (license number: 192620616).
Safety Analysis of FTM Brokers
FTM Broker is currently only regulated by the C-level regulator - NBRB in Belarus. This regulator does not strictly regulate forex trading, so investors' trading activities and the safety of their funds on the FTM Broker platform cannot be protected to a certain extent. Investors should be careful to stay away from the FTM Broker.
FTM Broker provides investors with access to popular currency pairs in the Forex market, gold and silver, crude oil, and natural gas, as well as marketable securities.
Accounts & Leverage of FTM Brokers
To meet the investment needs and trading experience of different investors, FTM Broker offers three different trading accounts: FTM Fixed Accounts (minimum deposit of $0), FTM Floating Accounts (minimum deposit of $200), and FTM Pro Accounts (minimum deposit of $1000). The maximum trading leverage for all three accounts is 1:200.
Spreads & Commissions of FTM Brokers
For FTM Broker fixed spread accounts, the spread is 3 pips on EURGBP, 2 pips on EURUSD, 32 pips on XAUUSD, and 75 pips on XAGUSD. For floating accounts, the spreads start from 1.4 pips for EURUSD, 1.6 pips for EURGBP, 25 pips for XAUUSD, and 65 pips for XAGUSD, while for FTM Broker Pro accounts, the spreads start from 0.1 pips for EURUSD, 0.2 pips for EURGBP, 14 pips for XAUUSD and 59 pips for XAGUSD.
Trading Platforms Available of FTM Brokers
Traders trading with FTM Broker can use the MT4 trading platform, which is currently the most popular trading software, combining market-based and technical analysis features, easy to use, and reliable. It is ideal for novice traders and experienced traders alike and can be installed on personal computers and mobile devices.
Deposit and withdrawal of FTM Brokers
Traders can use bank cards, electronic payment systems, mobile payments (for Belarusian SIM cardholders), and WebMoney to deposit and withdraw funds from their FTM Broker investor accounts. Traders who make deposits and withdrawals via mobile payments and WebMoney will incur payment system fees.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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