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    FTM Brokers

    5-10 years
    |
    Regulated in Belarus
    |
    Retail Forex License
    |
    MT4/5 full license

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10

    License Index

    5.50

    Business Index

    6.98

    Risk Management Index

    9.60

    Software Index

    6.91

    Regulatory Index

    5.47

    Licenses

    National Bank of the Republic of Belarus

    Retail Forex License

    NBRB Regulated

    Overview

    • Company Name:

      FTM Brokers LLC
    • Company Abbreviation:

      FTM Brokers
    • Place of registration:

      FTM BrokersBelarus
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      info@ftm.by
    • Customer Service Phone Number:

      +375 29 608-06-86
    • Company summary

      GeneralInformation&RegulationFTMBrokerisaBelarusian-basedfinancialservicesprovider,providingprivateandprofessionalmarketparticipantswithfinancialinstruments.FTMBrokercurrentlyholdsaretailforexlicensefromtheBelarusianNationalBankofBelarus(NBRB)(licensenumber:192620616).MarketInstrumentsFTMBrokerprovidesinvestorswithaccesstopopularcurrencypairsintheForexmarket,goldandsilver,crudeoil,andnaturalgas,aswellasmarketablesecurities.MinimumDepositTomeettheinvestmentneedsandtradingexperienceofdifferentinvestors,FTMBrokeroffersthreedifferenttradingaccounts:FTMFixedAccounts(minimumdepositof$0),FTMFloatingAccounts(minimumdepositof$200),andFTMProAccounts(minimumdepositof$1000).Theinitialdepositof$0tostartaliveaccountseemsagoodoptionformosttraderstohaveatry.LeverageThemaximumtradingleverageavailableforallthreeaccountsis1:200,whichisconsideredhigh.Inexperiencedtradersareadvisednottousehighleverage,asitcanmagnifyreturnsbutalsorisksatthesametime.Spreads&CommissionsForFTMBrokerfixedspreadaccounts,thespreadis3pipsonEURGBP,2pipsonEURUSD,32pipsonXAUUSD,and75pipsonXAGUSD.Forfloatingaccounts,thespreadsstartfrom1.4pipsforEURUSD,1.6pipsforEURGBP,25pipsforXAUUSD,and65pipsforXAGUSD,whileforFTMBrokerProaccounts,thespreadsstartfrom0.1pipsforEURUSD,0.2pipsforEURGBP,14pipsforXAUUSDand59pipsforXAGUSD.TradingPlatformsTraderstradingwithFTMBrokercanusetheMT4tradingplatform,whichiscurrentlythemostpopulartradingsoftware,combiningmarket-basedandtechnicalanalysisfeatures,easytouse,andreliable.Itisidealfornovicetradersandexperiencedtradersalikeandcanbeinstalledonpersonalcomputersandmobiledevices.DepositandwithdrawalTraderscanusebankcards,electronicpaymentsystems,mobilepayments(forBelarusianSIMcardholders),andWebMoneytodepositandwithdrawfundsfromtheirFTMBrokerinvestoraccounts.TraderswhomakedepositsandwithdrawalsviamobilepaymentsandWebMoneywillincurpaymentsystemfees.CustomerSupportTraderscancontactthecompanyssupportservicebymeansofemail,livechart,andseveralphonenumbersspecifiedontheFTMBrokerofficialwebsite. About More
    Pyramid scheme complaint

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    Last Updated Time 2021-09
    National Bank of the Republic of Belarus

    National Bank of the Republic of Belarus (NBRB)

    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.

    • Licensed Institution :

      FTM Brokers Limited Liability Company (FTM Brokers LLC)

      Effective Date :

      2016-05-12
    • Email Address of Licensed Institution :

      info@ftm.by

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.ftm.by/

      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

    FTM Brokers · MT4/5

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      FTM Brokers · Website

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          FTM Brokers· Genealogy

          FTM Brokers · Clones

          FTM Brokers · Market Analysis

          The data are from WIKI Research    2021.09.29 updated

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          FTM Brokers
          * Contact number
          0086
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          *Reporting Reasons

          *Enter your reason
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          Submit successfully!

          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          FTM Brokers · Company summary

            General Information & Regulation

            FTM Broker is a Belarusian-based financial services provider, providing private and professional market participants with financial instruments. FTM Broker currently holds a retail forex license from the Belarusian National Bank of Belarus (NBRB) (license number: 192620616).

            Market Instruments

            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.

            Minimum Deposit

            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 initial deposit of $0 to start a live account seems a good option for most traders to have a try.

             Leverage

            The maximum trading leverage available for all three accounts is 1:200, which is considered high. Inexperienced traders are advised not to use high leverage, as it can magnify returns but also risks at the sametime.

            Spreads & Commissions

            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.

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            Trading Platforms

            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

            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.

            Customer Support

            Traders can contact the companys support service by means of email, live chart, and several phone numbers specified on the FTM Broker official website.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          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.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.