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The Future Trade -

Score

1.35 /10
Danger

The Future Trade

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.thefuturetrade.com

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Score

Regulatory Index0.00

Business Index5.75

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Broker Information

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Company Name

The Future Trade Int Ltd

Company Abbreviation

The Future Trade

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

The Future Trade · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No regulation
Market Instrument Forex, cryptocurrencies
Account Type Starter, Banker, Financer and Entrepreneur
Demo Account N/A
Maximum Leverage N/A
Spread N/A
Commission N/A
Trading Platform N/A
Minimum Deposit $50
Deposit & Withdrawal Method Bitcoin, Dogecoin, Litecoin, Ethereum, Tether, Tron and Perfect Money

The Future Trade, a trading name of The Future Trade Int Ltd, is allegedly a forex and crypto broker registered in the Marshall Islands that claims to provide its clients with multiple tradable financial instruments via four different live account types. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that The Future Trade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.08/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

The Future Trade advertises that it mainly offers forex and cryptocurrency trading.

Account Types

The Future Trade claims to offer four types of trading accounts, namely Starter, Banker, Financer and Entrepreneur, with minimum initial deposit requirements of $50, $5,000, $25,000 and $50,000 respectively.

Account Types

Deposit & Withdrawal

From the logos shown at the foot of the home page on The Future Trades official website, we found that this broker seems to accept numerous means of deposit and withdrawal choices, consisting of Bitcoin, Dogecoin, Litecoin, Ethereum, Tether, Tron and Perfect Money. The minimum initial deposit requirement is just $50, and the minimum withdrawal amount is $15. Admin charges of 6% are levied on all withdrawals.

Note:

1. Initial investment is non-refundable

2. Withdrawals will be sent through the original source of deposit.

Deposit & Withdrawal

Customer Support

The Future Trades customer support can be reached by telephone: +44 7578 797 491, email: help@thefuturetrade.com, live chat or send messages online to get in touch. You can also follow this broker on social networks such as WhatsApp, Twitter, Facebook, Instagram and YouTube. Company address: Trust Company Complex, Ajeltake Island 96960 Majuro, Marshall Islands.

Pros & Cons

Pros Cons
• Multiple account types offered • No regulation
• Lack of transparency
• Low minimum deposit ($50) • Only crypto payments supported

Frequently Asked Questions (FAQs)

Q 1: Is The Future Trade regulated？
A 1: No. It has been verified that The Future Trade currently has no valid regulation.
Q 2: What is the minimum deposit for The Future Trade？
A 2: The minimum initial deposit at The Future Trade to open the most basic account is $50.
Q 3: Does The Future Trade charge a fee？
A 3: The Future Trade charges a 6% withdrawal fee.
Q 4: Is The Future Trade a good broker for beginners？
A 4: No. The Future Trade is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency.

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BoUGER
more than one year
Stay away from these guys! Depositing money is easy, but withdrawing it is a nightmare. Trading with them was a hassle from start to finish.
Stay away from these guys! Depositing money is easy, but withdrawing it is a nightmare. Trading with them was a hassle from start to finish.
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2024-02-23 11:36
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FX1124529268
more than one year
THE FUTURE TRADE CAN NOT BE TRUSTED. They're frauds. THEIR DELAY IN RESPONDING TO MY REQUESTS HAS COST ME THOUSANDS OF DOLLARS IN WRONG INFORMATION. THEY TOOK MONEY WITHOUT MY CONSENT OR KNOWLEDGE FROM MY BANK ACCOUNT.
THE FUTURE TRADE CAN NOT BE TRUSTED. They're frauds. THEIR DELAY IN RESPONDING TO MY REQUESTS HAS COST ME THOUSANDS OF DOLLARS IN WRONG INFORMATION. THEY TOOK MONEY WITHOUT MY CONSENT OR KNOWLEDGE FROM MY BANK ACCOUNT.
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2022-12-07 17:28
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