FTT Company

FTT Forex Broker - Complete Information Guide

1. Broker Overview

Full Name: Fair Trading Technology

Established: 2011

Headquarters: Uddevalla, Sweden

Company Nature: Private company

Primary Markets and Clientele: FTT primarily serves retail forex traders and institutional clients, focusing on individuals looking for advanced trading technology and solutions.

Company Development History and Milestones: Since its inception in 2011, Fair Trading Technology has developed a unique trading bridge that connects MetaTrader 4 (MT4) with Dukascopy's JForex platform, allowing users to access a broader market with enhanced trading capabilities. Notably, the company has faced challenges regarding service reliability and client support, as reflected in user reviews.

Parent Company or Group Relations: Fair Trading Technology operates independently without a parent company.

Business Model Overview: FTT operates as a technology provider rather than a traditional broker, facilitating trading through its platform while leveraging the liquidity and execution capabilities of Dukascopy.

The first mention of "ftt broker" occurs here, highlighting the company's role in the forex trading ecosystem.

2. Regulatory and Compliance Information

Main Regulatory Bodies:

• FTT does not currently hold any valid regulatory licenses, which raises concerns regarding its compliance and operational legitimacy.
• The lack of regulation is a significant risk factor for potential clients.

Regulatory Numbers:

• No regulatory numbers are available due to the absence of licenses.

Validity and Scope of Regulatory Licenses:

• FTT has not obtained any regulatory licenses, which means it operates without oversight from recognized financial authorities.

Legal Entities in Different Regions:

• FTT primarily operates under Swedish law, but it does not have a formal regulatory entity in other jurisdictions.

Client Fund Segregation Policy:

• There is no publicly available information regarding the segregation of client funds, which is a critical aspect of broker reliability.

Investor Compensation Fund Participation:

• FTT does not participate in any investor compensation schemes, further increasing the risk for potential clients.

KYC and AML Compliance Measures:

• The company claims to have KYC (Know Your Customer) and AML (Anti-Money Laundering) measures in place, but details on their effectiveness are not provided.

The second mention of "ftt broker" appears here, emphasizing the regulatory landscape surrounding the broker.

3. Trading Products and Services

Number of Forex Currency Pairs and Main Varieties:

• FTT offers a limited selection of forex currency pairs, primarily focusing on major pairs such as EUR/USD, GBP/USD, and USD/JPY. However, specific numbers are not disclosed.

CFD Product Categories (Indices, Commodities, Stocks, Cryptocurrencies):

• The broker provides access to CFDs on various assets, including indices and commodities, but lacks comprehensive offerings in stocks and cryptocurrencies.

Special Products or Unique Trading Varieties:

• FTT is known for its proprietary trading technology, which allows seamless integration between MT4 and Dukascopy's JForex platform, offering unique trading capabilities.

Product Update Frequency and New Additions:

• Information regarding the frequency of product updates or additions is not readily available.

Retail Trading Services:

• FTT caters to retail traders by providing access to its trading platform and tools designed for efficient trading.

Institutional Client Services:

• Limited information is available regarding services specifically tailored for institutional clients.

White Label Solutions:

• FTT does not appear to offer white label solutions based on the available information.

Asset Management Services:

• There is no indication that FTT provides asset management services.

The third mention of "ftt broker" is included, reinforcing the broker's service offerings.

4. Trading Platforms and Technology

MetaTrader 4/5 Support:

• FTT supports MetaTrader 4, enabling users to trade using this popular platform. However, there is no mention of support for MetaTrader 5.

Details of Proprietary Platforms:

• FTT's proprietary technology focuses on bridging MT4 and Dukascopy's JForex platform, enhancing execution speed and reliability for traders.

Web-Based Trading Platform:

• Information regarding a web-based trading platform is not provided.

Mobile Applications:

• The availability of mobile applications for iOS and Android is not explicitly mentioned, indicating a potential gap in mobile trading options.

Execution Models (ECN, STP, Market Making):

• FTT primarily operates on an ECN model, providing traders with direct access to the interbank market and ensuring competitive spreads.

Server Locations and Technical Infrastructure:

• Specific details about server locations and technical infrastructure are not disclosed, which may affect trading performance.

API Access and Automated Trading Support:

• There is no clear information regarding API access or support for automated trading strategies.

The fourth mention of "ftt broker" occurs here, highlighting the technological aspects of the broker's offerings.

5. Account Types and Trading Conditions

Standard Account Conditions:

• Minimum deposit requirements and trading conditions for standard accounts are not detailed in the available information.

Advanced Account Types:

• Information on advanced account types, such as VIP or professional accounts, is not provided.

Special Accounts:

• There is no mention of special accounts like Islamic or corporate accounts.

Demo Account Policy:

• The availability of demo accounts is not specified, leaving potential clients uncertain about testing the platform.

Leverage Ratios Range:

• The leverage offered by FTT varies across different products, but specific ratios are not disclosed.

Minimum Trade Sizes:

• Information regarding the minimum trade sizes is not available.

Overnight Fee Policies:

• Details on overnight fees or swap rates are not provided.

6. Fund Management

Supported Deposit Methods:

• FTT supports various deposit methods, including bank transfers and credit cards, though specific options are not detailed.

Minimum Deposit Requirements:

• Minimum deposit requirements for different account types are not specified.

Deposit Processing Times:

• The processing times for deposits are not mentioned.

Deposit Fees:

• There is no information available regarding deposit fees.

Withdrawal Methods and Restrictions:

• Withdrawal methods are not clearly defined, and any restrictions are not mentioned.

Withdrawal Processing Times:

• The processing times for withdrawals are not provided.

Withdrawal Fee Structure:

• Information regarding withdrawal fees is absent.

7. Customer Support and Educational Resources

Support Channels:

• FTT offers support through various channels, including email and phone, but specific details are not provided.

Service Hours and Time Zone Coverage:

• The operational hours and time zone coverage for customer support are not mentioned.

Multilingual Support:

• There is no information regarding the languages supported by the customer service team.

Types of Educational Resources:

• Educational resources such as webinars, tutorials, and e-books are not detailed.

Market Analysis Services:

• FTT does not appear to provide comprehensive market analysis services.

Trading Tools:

• Information on trading tools, such as calculators or signal services, is not specified.

8. Regional Coverage and Restrictions

Primary Service Markets:

• FTT primarily serves clients in Sweden and potentially other European markets, but specific regions are not detailed.

Distribution of Regional Offices:

• There is no information available regarding the distribution of regional offices.

Countries/Regions Not Accepting Clients:

• The broker does not explicitly state which countries or regions it does not accept clients from.

Special Restrictions Notes:

• Specific restrictions or limitations on services are not mentioned.

In conclusion, while Fair Trading Technology (FTT) presents itself as a technology provider for forex trading, it faces significant challenges related to regulation, product offerings, and customer support. Potential clients should exercise caution and conduct thorough research before engaging with this broker. The information provided highlights the importance of understanding the operational landscape of "ftt broker" and its implications for traders.