What is Future Flare Finance?
Future Flare Finance is an unregulated broker registered in the United Kingdom in 2023. The company offers 2800 instruments and different account types with a web trading platform.
Pros and Cons
Is Future Flare Finance Legit?
Future Flare Finance is unregulated presently. Its domain was registered on August 24, 2023, with the current status of “client Delete Prohibited, client Renew Prohibited, client Transfer Prohibited, and client Update Prohibited”. All this information indicates the high risk for trading with this broker.
What Can I Trade on Future Flare Finance?
On Future Flare Finance, you can trade with more than 2,800 Instruments, such as stocks, forex, indices, cryptocurrencies, and commodities.
Account Type
Future Flare Finance offers Mini, Silver, Gold, Diamond, and VIP accounts, though they do not provide demo accounts or Islamic accounts. With a lower deposit requirement, the Mini account is more suitable for beginners, while other types of accounts are more fitted to the experienced.
Leverage
At Future Flare Finance, the leverage offered ranges from 1:200 for Mini, Silver, and Gold Accounts, up to 1:300 for Diamond Accounts, and 1:400 for VIPAccounts. This flexible leverage allows you to control larger positions with less capital. However, higher leverage also magnifies the risk, as it can result in large losses at the same time.
Trading Platform
Future Flare Finance provides a web trading platform for clients. Through their platform, you can gain direct access to a large array of tradable assets with a customizable interface and technical indicators.
Deposit and Withdrawal
Future Flare Finance supports VISA, MasterCard, and WISE to deposit and withdraw.
Customer Service
Future Flare Finance's customer support is available 24 hours a day through phone, email, and the contact form.
The Bottom Line
Future Flare Finance is not recommended for most traders due to its lack of regulation and the absence of a demo account, which indicate high risks.
FAQs
Is Future Flare Finance good for beginners?
Future Flare Finance is not suitable for beginners due to its lack of regulation and the absence of demo accounts. The high minimum deposit makes it a less ideal choice for new traders.
Is Future Flare Finance good for day trading?
Future Flare Finance can be appealing for day traders for it offers a wide range of instruments and flexible leverage ratios.
Is it safe to trade with Future Flare Finance?
Trading with Future Flare Finance is not safe due to its unregulated status.