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The WikiFX Score of this broker is reduced because of too many complaints!

FRTC.NET LIMITED

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://www.frtcnet.live/

Website

Rating Index

Contact

frtcnetlimited@gmail.com
https://www.frtcnet.live/
The WikiFX Score of this broker is reduced because of too many complaints!

Licenses

No valid regulatory information, please be aware of the risk!

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

Single Core

1G

40G

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Contact number

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Broker Information

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Company Name

FRTC.NET LIMITED

Abbreviation

FRTC.NET LIMITED

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

FRTC.NET LIMITED · WikiFX Survey

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FRTC.NET LIMITED · Company Summary

Note: Since FRTC.NET LIMITEDs official site (https://www.frtcnet.live/) is unavailable while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

FRTC.NET LIMITED is allegedly a suspicious regulated forex broker based in China and incorporated on 28 December 2018, claiming to provide its clients with leverage up to 1:400 on the industry-standard MetaTrader5 trading platform, but only serves in Chinese markets.

Market Instruments

FRTC.NET LIMITED is a forex broker that mainly offers forex trading, yet we cannot be if there are also other available trading instruments due to its broken links.

Account Types

According to the information on the Internet, FRTC.NET LIMITED appears to provide only one type of real account and the minimum initial deposit requirement is $1,000.

Leverage

A leverage ratio of up to 1:400 is offered by FRTC.NET LIMITED, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Trading Platform Available

The platform available for trading at FRTC.NET LIMITED is said to be the worlds most trusted and popular MetaTrader5 platform. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

The minimum initial deposit requirement at FRTC.NET LIMITED is $1,000, which is much higher than most brokers. However, the broker says nothing about the available deposit and withdrawal methods.

Customer Support

FRTC.NET LIMITED‘s customer support can be reached by email: frtcnetlimited@gmail.com. Company address: Unit G1, Capital House 61 Amhurst Road, London, United Kingdom, E8 1LL. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.

News

FRTC.NET LIMITED did not allow a victim from Taiwan to withdraw and even asked for an extra fee

ExposureFRTC.NET LIMITED did not allow a victim from Taiwan to withdraw and even asked for an extra fee

2022-08-11 17:14

Although forex trading is one of the market’s most profitable businesses, many people suffered heavy financial losses every year. The biggest problem that many traders met lies in withdrawal refusal. In today’s article, we will expose how FRTC. NET LIMITED denies the victim’s withdrawal request and even puts forward unacceptable demands.

WikiFX
2022-08-11 17:14
Exposure
FRTC.NET LIMITED did not allow a victim from Taiwan to withdraw and even asked for an extra fee

Review 8

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