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FTM Brokers Forex broker specializes in providing foreign exchange trading services, the company's official website https://co.ftm.by/en/register, the company's legitimate regulatory information BelarusNBRBRetail Forex License, to enhance the security of the company's address Republic of Belarus, Minsk, Pobediteley pr., 5, cab. 211.

FTM Brokers Forex Broker

Basic information

Registered region
Belarus
Operating period
--
Company Name
FTM Brokers LLC
Abbreviation
FTM Brokers
Company employee
--
Customer Service Email Address
info@ftm.by
Contact number
+375296080686
Company website
Company address
Republic of Belarus, Minsk, Pobediteley pr., 5, cab. 211
Keywords
5-10 years
Regulated in Belarus
Retail Forex License
MT4 Full License
Global Business

Company profile

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

Rating Index

FTM.STANDARD

Minimum Deposit
$200

FTM.PRO

Minimum Deposit
$1000

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Latest Reviews

Виктория

Виктория

Russia

Top notch support! There were no requotes, and there were no loss of connection with the server. I’ve been working here for a couple of months and so far I’ll say that the broker is quite adequate, better than Open Investments. There are many trading instruments to choose from. Personal account is normal

Positive

2023-10-29

2πr²

2πr²

New Zealand

I have been trading with FTM Brokers for two months now, so far so good! So I am here to recommend this company to everyone.

Positive

2023-02-21

犄角

犄角

Venezuela

If I had to recommend a forex trading platform to newbies, I would choose FTM, because there is no minimum deposit requirement, the spread is very low, and the leverage is also very low, which helps them control risks, and the platform MT4 is also very easy to use!

Positive

2022-11-24

FTM Brokers Forex Broker has an overall rating of 6.76, Regulatory Index 5.50, License Index 5.50, Business Index 7.80, Software Index 8.50 Risk Control Index 9.76.