FTGmarkets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://ftgmarkets.com/open-account/, about the company's legal and temporary regulatory information, the company's address .
FTGmarkets Forex Broker
Basic information
Switzerland
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskCompany profile
Note: FTGmarkets' official website: https://ftgmarkets.com/ is currently inaccessible normally.
FTGmarketsReview SummaryFTGmarkets Information
FTGmarkets is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:40 via the web-based trading platform. The minimum deposit requirement is as high as $250.
Pros and Cons
| Pros | Cons |
| Various trading products | No regulation |
| inaccessible website | |
| No demo accounts | |
| No MT4/MT5 platform | |
| High minimum deposit requirement |
Is FTGmarkets Legit?
No, this absence of oversight raises risks regarding consumer protection, transparency, and market integrity. Without regulation, there's a risk of fraudulent activities, manipulation, and inadequate recourse for investors. Investors face heightened vulnerability to scams and unreliable practices, potentially resulting in financial losses.
What Can I Trade on FTGmarkets?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| Mutual Funds | ❌ |
| ETFs | ❌ |
Leverage
The broker provides up to 1:40 in leverage for forex trading.
Leverage allows traders to amplify their market exposure with a smaller initial investment, potentially increasing both profits and losses. With a leverage ratio of 1:40, traders can control positions worth up to 40 times their deposited capital.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
The broker accepts payments done via cryptos, Visa, MasterCard and bank wire. However, e-wallets such as Skrill and Neteller are not available.
