Score
The Future Trade
Marshall Islands|2-5 years| https://www.thefuturetrade.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Marshall Islands
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
thefuturetrade.com
Server Location
United States
Website Domain Name
thefuturetrade.com
Server IP
172.67.132.52
Company Summary
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
| Feature | Detail |
| Regulation | No regulation |
| Market Instrument | Forex, cryptocurrencies |
| Account Type | Starter, Banker, Financer and Entrepreneur |
| Demo Account | N/A |
| Maximum Leverage | N/A |
| Spread | N/A |
| Commission | N/A |
| Trading Platform | N/A |
| Minimum Deposit | $50 |
| Deposit & Withdrawal Method | Bitcoin, Dogecoin, Litecoin, Ethereum, Tether, Tron and Perfect Money |
The Future Trade, a trading name of The Future Trade Int Ltd, is allegedly a forex and crypto broker registered in the Marshall Islands that claims to provide its clients with multiple tradable financial instruments via four different live account types. Here is the home page of this brokers official site:
As for regulation, it has been verified that The Future Trade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.08/10. Please be aware of the risk.
Market Instruments
The Future Trade advertises that it mainly offers forex and cryptocurrency trading.
Account Types
The Future Trade claims to offer four types of trading accounts, namely Starter, Banker, Financer and Entrepreneur, with minimum initial deposit requirements of $50, $5,000, $25,000 and $50,000 respectively.
Deposit & Withdrawal
From the logos shown at the foot of the home page on The Future Trades official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Bitcoin, Dogecoin, Litecoin, Ethereum, Tether, Tron and Perfect Money. The minimum initial deposit requirement is just $50, and the minimum withdrawal amount is $15. Admin charges of 6% are levied on all withdrawals.
Note:
1. Initial investment is non-refundable
2. Withdrawals will be sent through the original source of deposit.
Customer Support
The Future Trades customer support can be reached by telephone: +44 7578 797 491, email: help@thefuturetrade.com, live chat or send messages online to get in touch. You can also follow this broker on social networks such as WhatsApp, Twitter, Facebook, Instagram and YouTube. Company address: Trust Company Complex, Ajeltake Island 96960 Majuro, Marshall Islands.
Pros & Cons
| Pros | Cons |
| • Multiple account types offered | • No regulation |
| • Lack of transparency | |
| • Low minimum deposit ($50) | • Only crypto payments supported |
Frequently Asked Questions (FAQs)
| Q 1: | Is The Future Trade regulated？ |
| A 1: | No. It has been verified that The Future Trade currently has no valid regulation. |
| Q 2: | What is the minimum deposit for The Future Trade？ |
| A 2: | The minimum initial deposit at The Future Trade to open the most basic account is $50. |
| Q 3: | Does The Future Trade charge a fee？ |
| A 3: | The Future Trade charges a 6% withdrawal fee. |
| Q 4: | Is The Future Trade a good broker for beginners？ |
| A 4: | No. The Future Trade is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency. |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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