Score
FTM Brokers
Belarus|5-10 years| https://www.ftm.by/en/
Website
Rating Index
Influence
Influence
C
Influence index NO.1
France 3.05Surpassed 62.70% brokers
Contact
Licenses
Single Core
1G
40G
Contact number
+375 29 608-06-86
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FTM Brokers LLC
FTM Brokers
Belarus
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WikiFX Verification
Belarus| Benchmark | -- |
|---|---|
| Maximum Leverage | 200 |
| Minimum Deposit | -- |
| Minimum Spread | 2 |
| Products | Foreign currencies, Precious metals, Oil, Stock indices, Securities |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 200 |
| Minimum Deposit | -- |
| Minimum Spread | 0.9 |
| Products | Foreign currencies, Precious metals, Oil, Stock indices, Securities |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 200 |
| Minimum Deposit | -- |
| Minimum Spread | -- |
| Products | Foreign currencies, Precious metals, Oil, Stock indices, Securities |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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FTM Brokers · Company Summary
| Registered Country/Region | Belarus |
| Regulation | NBRB |
| Minimum Deposit | $0 |
| Maximum Leverage | 1:200 |
| Minimum Spreads | From 0.1 pip on EUR/USD |
| Trading Platform | MT4 trading platform |
| Demo Account | Yes |
| Trading Assets | Currency Pairs, Gold & Silver, Crude Oil, Natural Gas, Stocks |
| Payment Methods | Bank Cards, E-payments, Mobile Payments |
| Customer Support | Phone, Email Supoprt |
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).
Market Instruments
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.
Minimum Deposit
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.
Leverage
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.
Trading Platforms
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.
Customer Support
Traders can contact the companys support service by means of email, live chart, and several phone numbers specified on the FTM Broker official website.
Pros & Cons
| Pros | Cons |
| Low initial deposit requirement | No strong regulation |
| Three types of trading accounts to choose from | Limitted trading assets |
| Competitive spreads on the Pro account | Poor customer support |
| MT4 trading platform supported | |
| High trading leverage for the Pro account | |
| Demo accounts available |
Frequently Asked Questions
Does FTM Brokers offer a demo account？
Yes, FTM Brokers does offer a free demo account for beginners to practice forex trading in a 100% risk-free environment.
What is the minimum deposit requirements to open a live account with FTM Brokers？
FTM Fixed accounts requires $0 to start trading.
Does FTM Brokers offer leverage？
Yes, the maximum trading leverage offered byFTM Brokers is up to 1:200.
What payment methods does FTM Brokers support？
FTM Brokers supports payments through
What trading platform does FTM Brokers provide？
FTM Brokers provides access to the industry leading MT5 trading platform.
What types of trading accounts does DCFX provides？
There are three types of trading accounts on offer:
FTM Fixed Accounts
FTM Floating Accounts
FTM Pro Accounts
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