FUTURO BURSATIL Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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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
Summary: Futuro Bursatil, an online brokerage based in Argentina, has received mixed reviews from users and experts. While it offers a range of trading services, its lack of regulation raises significant concerns about trust and safety. Key findings indicate that users have reported difficulties in withdrawing funds, which is a major red flag for potential investors.
Note: It is crucial to understand that different entities operate under similar names across various regions, which can lead to confusion. This review aims to provide a fair and accurate assessment of Futuro Bursatil based on available data.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 5 |
| Customer Service | 3 |
| Trading Experience | 4 |
| Trustworthiness | 2 |
| User Experience | 3 |
We evaluate brokers based on user feedback, regulatory status, and available trading features.
Founded in 2003, Futuro Bursatil operates from Buenos Aires, Argentina, and primarily focuses on the forex and CFD markets. However, it is noteworthy that Futuro Bursatil is not regulated by any recognized financial authority, which poses risks for traders. The platform does not utilize popular trading software like MT4 or MT5, which may deter experienced traders. Users can access a variety of financial instruments, including forex, commodities, and indices, although the specifics of these offerings are not well-documented.
Regulatory Regions: Futuro Bursatil operates without any regulatory oversight, which is a major concern for potential clients. The absence of a regulatory body means that there is no formal mechanism to protect clients' funds or address grievances.
Deposit/Withdrawal Currencies: The platform primarily supports transactions in Argentine Pesos, but details about other currencies or cryptocurrencies were not available in the sources reviewed.
Minimum Deposit: Information regarding the minimum deposit required to open an account with Futuro Bursatil is scarce, which is unusual for a brokerage. This lack of transparency can be seen as a negative aspect.
Bonuses/Promotions: There are no clear promotional offers or bonuses mentioned in the reviews, which may limit the appeal for new traders looking for incentives to join.
Available Asset Classes: Futuro Bursatil provides access to a range of asset classes, including forex pairs, commodities, and indices. However, the specifics of these offerings are not detailed, which could lead to uncertainty for potential clients.
Costs (Spreads, Fees, Commissions): The reviews indicate that while the spreads offered are competitive, the lack of transparency regarding additional fees raises concerns. Users have reported unexpected charges, which is a significant drawback.
Leverage: The leverage options available on Futuro Bursatil were not clearly defined in the sources. This ambiguity can be problematic for traders who rely on leverage as part of their trading strategy.
Allowed Trading Platforms: Futuro Bursatil does not support widely used trading platforms like MT4 or MT5, which may limit functionality and user experience for many traders.
Restricted Regions: The reviews did not specify any restricted regions, but the lack of regulation suggests that the broker may not accept clients from jurisdictions with stringent financial laws.
Available Customer Support Languages: Customer support appears to be limited, with indications that only Spanish may be available. This could pose challenges for non-Spanish-speaking users.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 4 |
| Tools and Resources | 5 |
| Customer Service | 3 |
| Trading Experience | 4 |
| Trustworthiness | 2 |
| User Experience | 3 |
Account Conditions: The lack of clear information regarding account types and minimum deposits is a significant drawback. According to PediaFX, the absence of regulation raises serious concerns about the safety of client funds.
Tools and Resources: While Futuro Bursatil provides some market analysis and live charts, the overall lack of advanced trading tools and resources makes it less appealing for serious traders.
Customer Service: Reviews indicate that customer support is lacking, with users reporting difficulties in reaching representatives. This could be detrimental, especially when clients face issues with withdrawals.
Trading Experience: The trading platform's limitations, including the absence of popular software like MT4 or MT5, can hinder the trading experience for users accustomed to more robust platforms.
Trustworthiness: The most significant concern is the lack of regulation. As noted in multiple reviews, including Traders Union, the absence of oversight means that clients have little recourse in case of disputes or issues.
User Experience: Overall user experience appears to be hampered by the broker's lack of transparency and support, leading to a lower rating in this category.
In conclusion, the Futuro Bursatil review reveals a brokerage that may not be suitable for all investors, particularly those who prioritize safety and regulatory oversight. Potential clients are advised to proceed with caution and consider more established and regulated alternatives.
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