FUTURO BURSATIL foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://homebroker.futurobursatil.com.ar/Login/NewUser, about the company's legal and temporary regulatory information, the company's address 25 de Mayo 432 - Piso 12 (C1003ABG) Buenos Aires, Argentina.
Futuro Bursatil, officially known as Futuro Bursátil S.A., was established in 2003 and is headquartered in Buenos Aires, Argentina. This private company specializes in providing a range of financial services, primarily targeting retail clients but also catering to institutional investors. Over the years, Futuro Bursatil has developed a reputation in the financial markets, offering services that include forex trading, contracts for difference (CFDs), commodities, and indices.
The company's journey began in the early 2000s, and since then, it has marked several important milestones, including the expansion of its service offerings and the establishment of a robust online trading platform. Despite its growth, Futuro Bursatil remains unregulated, which raises concerns regarding investor protection and compliance with financial standards.
Futuro Bursatil operates primarily in the Latin American market, focusing on clients in Argentina and surrounding regions. The firms business model is centered around retail forex trading, providing clients with access to various financial instruments through its trading platform.
Futuro Bursatil is currently unregulated, which means it does not operate under the supervision of any major financial regulatory authority. This lack of regulation is a significant concern for potential investors. The company does not hold any regulatory licenses, and there are no registration numbers available from recognized financial authorities.
Due to its unregulated status, Futuro Bursatil does not provide client funds segregation or participate in any investor compensation schemes. This raises the risk profile for clients, as their investments may not be protected in the event of company insolvency or other financial issues.
The firm does not have publicly available information regarding its compliance with Know Your Customer (KYC) or Anti-Money Laundering (AML) regulations, which are critical for safeguarding against fraud and financial crimes.
Futuro Bursatil offers a wide range of trading products, including:
The frequency of product updates and the introduction of new instruments remain unclear, which could affect traders' ability to diversify their portfolios effectively.
Futuro Bursatil does not support MetaTrader 4 or MetaTrader 5, which are among the most popular trading platforms in the forex industry. Instead, the broker utilizes its proprietary trading platform, although specific details on its features and functionalities are not provided.
The broker offers a web-based trading platform, enabling clients to trade directly from their browsers without the need for software downloads. Additionally, there is no mention of mobile applications for iOS or Android, which may limit trading accessibility for users on the go.
Futuro Bursatil employs standard execution models, but it is unclear whether they operate on an ECN, STP, or Market Making basis. The lack of transparency regarding execution methods may pose challenges for traders seeking to understand their trading costs and order execution quality.
The technical infrastructure, including server locations and overall technology stack, is not disclosed, which could impact the broker's reliability and performance.
Futuro Bursatil offers various account types, although specific details about each type are limited. Key features include:
This lack of clarity around account types and trading conditions may deter potential clients from choosing Futuro Bursatil as their broker.
Futuro Bursatil supports several deposit methods, including:
The minimum deposit requirements vary by account type, but specific amounts are not disclosed. Additionally, the processing times for deposits are not specified, which could impact clients' ability to fund their accounts quickly.
The broker does not provide clear information on deposit fees, which is essential for understanding the overall cost of trading. Withdrawal methods and limitations are also unspecified, making it challenging for clients to plan their fund management strategies.
Withdrawal processing times and fee structures are not detailed, adding to the uncertainty surrounding the broker's financial operations.
Futuro Bursatil offers several customer support channels, including:
Customer support operates during standard business hours, but specific time zones covered are not mentioned.
Futuro Bursatil appears to offer multi-language support, although the exact languages available are not listed.
Educational resources provided by the broker may include webinars, tutorials, and e-books. However, specific details on the types of educational materials and their accessibility are not provided.
Market analysis services, such as daily analysis, news updates, and research reports, are not mentioned, which could limit traders' ability to make informed decisions.
The availability of trading tools, including calculators, calendars, and signal services, is also unspecified.
Futuro Bursatil primarily serves the Latin American market, especially clients based in Argentina. The company operates from its headquarters in Buenos Aires, which acts as its main office.
The broker does not appear to have regional offices outside of Argentina, limiting its physical presence and support capabilities in other markets.
There is no information available regarding countries or regions from which it does not accept clients. However, it is advisable for potential clients to verify their eligibility based on local regulations.
Special restrictions are not documented, but clients should be aware of the potential risks associated with trading through an unregulated broker.
In conclusion, while Futuro Bursatil broker offers a range of trading services, its unregulated status and lack of comprehensive information may pose significant risks to potential investors. The absence of clear details regarding account types, trading conditions, and customer support further complicates the decision-making process for traders considering this broker.
FX1744332752
Chile
I made the transfer of $1070 to the account that they sent me and I entered my dashboard, but my money was never credited satisfactorily to my account. Therefore, I was scammed
Exposure
2021-12-10