General Information & Regulation
FTO Capital is a forex broker owned by Nona Marketing LTD. The abbreviation FTO stands for “Financial Trading Online”. It is registered at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. There is zero evidence that FTO Capital is regulated.
Markets Instruments
FTO Capital offers the opportunity to trade in Forex, CFDs, stocks, indices and commodities such as oil, corn, gold and silver.
Minimum Deposit
As for the minimum deposit, it is $250 for the Silver account. Although this amount is acceptable, given the fact that FTO Capital is an unregulated broker, traders are not advised to register trading accounts here.
Leverage
The leverage available on the broker varies depending on the account a user has. The leverage that a Silver account holder has access to goes from 1:20 to 1:200. It goes from 1:40 to 1:400 for Gold account holders and from 1:50 to 1:500 for Platinum account holders.
Spreads & Commissions
Spreads and Commissions vary depending both on the selected product and the account type a user possesses. It is 3.0 pips for the EUR/USD currency pair for a basic account, but goes down to 2.0 with a Platinum account. For EUR/GBP it goes from 3.5 down to 2.4. Unfortunately, we were unable to access information on the commissions established by the broker.
Trading Platform Available
Here they offer two platforms to choose – Webtrader or Metatrader 4. You don`t need to download to your computer functional and user-friendly Webtrader, don`t need to install and learn complex instructions to work with it.
Deposit& Withdrawal
Today, traders often note in reviews that the broker offers a limited choice of methods for depositing and withdrawing funds. Thus, the following options for transactions are available:
l Bank cards (deposit, credit),
l Bank transfer,
l Payment systems (NETELLER, WebMoney, QIWI Wallet, Yandex.Money).
The money goes to traders bank accounts on time, usually within 5 working days.
Customer Support
You can contact support staff Monday to Friday from 12 am to 8 pm. This can be done through live chat or via email. Alternatively, users can choose to fill in a contact form by typing in their full name, phone number, email address, subject of the message and the department.
Education and Resources
FTO Capital offers a great variety of eBooks, webinars, tutorials, informative videos, news and much more that account holders can access at no extra cost.
