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