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FTM Brokers

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

https://www.ftm.by/en/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

FTMBrokersLLC-Demo

United States
MT4
7

Influence

C

Influence index NO.1

France 3.05

MT4/5 Identification

MT4/5 Identification

Full License

7
Server Name
FTMBrokersLLC-Demo MT4
Server Location United States

Influence

Influence

C

Influence index NO.1

France 3.05

Surpassed 63.79% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+375 29 608-06-86
info@ftm.by
https://www.ftm.by/en/
5 Pobediteley avenue (BC Aleksandrovsky), room 214, 2nd floor, 220004, Minsk, Republic of Belarus Источник: https://www.ftm.by/en/contact-us/

Licenses

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

Single Core

1G

40G

Open Now

Contact number

English

+375 29 608-06-86

Broker Information

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Company Name

FTM Brokers LLC

Company Abbreviation

FTM Brokers

Platform registered country and region

Belarus

Company website
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FTM Brokers · Company Summary

Registered Country/Region Belarus
Regulation NBRB
Minimum Deposit $0
Maximum Leverage 1:200
Minimum Spreads From 0.1 pip on EUR/USD
Trading Platform MT4 trading platform
Demo Account Yes
Trading Assets Currency Pairs, Gold & Silver, Crude Oil, Natural Gas, Stocks
Payment Methods Bank Cards, E-payments, Mobile Payments
Customer Support Phone, Email Supoprt

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.

spreads

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.

Pros & Cons

Pros Cons
Low initial deposit requirement No strong regulation
Three types of trading accounts to choose from Limitted trading assets
Competitive spreads on the Pro account Poor customer support
MT4 trading platform supported
High trading leverage for the Pro account
Demo accounts available

Frequently Asked Questions

Does FTM Brokers offer a demo account?

Yes, FTM Brokers does offer a free demo account for beginners to practice forex trading in a 100% risk-free environment.

What is the minimum deposit requirements to open a live account with FTM Brokers?

FTM Fixed accounts requires $0 to start trading.

Does FTM Brokers offer leverage?

Yes, the maximum trading leverage offered byFTM Brokers is up to 1:200.

What payment methods does FTM Brokers support?

FTM Brokers supports payments through

What trading platform does FTM Brokers provide?

FTM Brokers provides access to the industry leading MT5 trading platform.

What types of trading accounts does DCFX provides?

There are three types of trading accounts on offer:

  • FTM Fixed Accounts

  • FTM Floating Accounts

  • FTM Pro Accounts

User Reviews

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User comment

4

Comments

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Виктория
3-6months
Top notch support! There were no requotes, and there were no loss of connection with the server. I’ve been working here for a couple of months and so far I’ll say that the broker is quite adequate, better than Open Investments. There are many trading instruments to choose from. Personal account is normal
2023-10-29 00:19
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0
0
2πr²
more than one year
I have been trading with FTM Brokers for two months now, so far so good! So I am here to recommend this company to everyone.
2023-02-21 13:58
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0
0
犄角
more than one year
If I had to recommend a forex trading platform to newbies, I would choose FTM, because there is no minimum deposit requirement, the spread is very low, and the leverage is also very low, which helps them control risks, and the platform MT4 is also very easy to use!
2022-11-24 18:27
Reply
0
0
明天更美好15531
more than one year
I was so impressed with this platform. Trading conditions are so attractive - no minimum deposit requirement, leverage up to 1:200, EUR/USD spreads start from 0.1 pips, mt4 is offered, demo accounts are also available...It seems that they don’t have shortcomings, which makes me..yeah..i just can’t believe...
2022-11-17 15:59
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0
0
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