FTD broker Accounts

FTD Limited Account Types

　　FTD Limited offers a variety of trading account options tailored to meet the needs of different types of traders. While specific minimum deposit requirements for each account type are not openly disclosed, FTD claims that investors from various backgrounds can find suitable account options. The types of accounts include:

　　Retail Accounts: Designed for individual traders who are beginning their trading journey. These accounts typically offer access to a range of trading instruments, including forex and CFDs.
　　Professional Accounts: Aimed at experienced traders who possess the knowledge and expertise to assess investment risks. These accounts may offer enhanced features and potentially lower trading costs.
　　Institutional Accounts: Targeted at larger entities or institutional investors, these accounts provide tailored services and access to advanced trading tools.
　　Demo Accounts: Available for clients to practice trading without risking real money. This is particularly beneficial for beginners to familiarize themselves with the trading platform and strategies.

FTD Limited Broker Account Opening Process

　　Opening a trading account with FTD Limited is a straightforward process. Here are the steps involved:

　　Application Submission: Potential customers must complete and submit a signed application form, which collects necessary information for KYC (Know Your Customer) and AML (Anti-Money Laundering) purposes.
　　Documentation Review: FTD's compliance officer reviews the submitted documents to verify the identity of the customer. This includes checking the applicant's background, source of wealth, and other relevant information.
　　Account Approval: Once the identity verification process is satisfactorily completed, the account is approved. For high-risk customers, the final decision is made by the managing director.
　　Funding the Account: After account approval, traders need to fund their accounts. This can be done through electronic transfers from a bank account or other methods as specified by FTD.
　　Trading Activation: Once the account is funded, traders can start trading on the FTD platform, which supports MT5 for a seamless trading experience.