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TradeFTM -

Score

1.54 /10
Danger

TradeFTM

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tradeftm.com

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.23

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

Single Core

1G

40G

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Broker Information

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Company Name

TradeFTM Limited

Company Abbreviation

TradeFTM

Platform registered country and region

United Kingdom

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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TradeFTM · Company summary

Note: TradeFTM's official website - https://tradeftm.com/ is currently inaccessible normally.

TradeFTM Review Summary
Founded/
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, commodities, stock CFDs, spot indices
Demo Account/
LeverageUp to 1:500
SpreadFrom 2.4 pips (Micro account)
Trading PlatformcTrader
Min Deposit$200
Customer Support24/5 support
Contact form
Tel: +44 20 8144 1010
Email: support@tradeftm.com,info@tradeftm.com
Facebook
Address: 180, Whitton Road, Hounslow, London, England, TW3 2ES
130 Old Street, London, England, EC1V 9BD

TradeFTM is an unregulated broker registered in the United Kingdom, offering trading in forex, commodities, stock CFDs, and spot indices with leverage up to 1:500 and spread from 2.4 pips on the Micro account via cTrader platform. The minimum deposit requirement is $200.

Pros and Cons

Pros Cons
Diverse tradable assetsInaccessible website
Various account typesUnregulated
Flexible leverage ratWide spreads on basic accounts
Commission-free accounts offeredNo MT4/5
cTrader platformHigh minimum deposit
Multiple payment optionsWithdrawal fee charged

Is TradeFTM Legit?

No, TradeFTM is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.

No license

What Can I Trade on TradeFTM?

TradeFTM advertises that it offers more than 140 trading products, including forex, commodities (metals, etc.), stock CFDs and spot indices.

Tradable Instruments Supported
Forex✔
Commodities✔
Stock CFDs✔
Spot indices✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on TradeFTM?

Account Type

Account TypeMin Deposit
Micro$200
Mini$500
Gold$2,000
Professional$5,000
ECN Classic$10,000
ECN Gold$25,000
ECN VIP$50,000
ECN Elite$100,000
Account comparison 1

Account comparison 2

Leverage

Traders holding different account types can enjoy different maximum leverage ratios, from 1:200 to 1:400. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Account TypeMax Leverage
Micro1:300
Mini1:400
Gold
Professional
ECN Classic
ECN Gold1:200
ECN VIP
ECN Elite

TradeFTM Fees

Account TypeSpreadCommission (Forex)
MicroFrom 2.4 pips❌
MiniFrom 2 pips❌
GoldFrom 1.8 pips❌
ProfessionalFrom 1.1 pips❌
ECN ClassicFrom 1 pip$25 per lot
ECN GoldFrom 1 pip$15 per lot
ECN VIPFrom 1 pip$10 per lot
ECN EliteFrom 0.6 pips$15 per lot

Trading Platform

Trading PlatformSupported Available Devices Suitable for
cTrader✔Windows, Mac OS, Web, Mobile devices/
MT4❌/Beginners
MT5❌/Experienced traders

Deposit and Withdrawal

Deposit OptionVisa, American Express, JCB, DISCOVER, MasterCard, Maestro, Visa Electron, Diners International, PayPal, Skrill, Neteller, Bank Transfer
Withdrawal OptionVisa, MasterCard, Maestro, PayPal, American Express, Skrill, Neteller, Bank Transfer
Min Deposit$200
Withdrawal Fee - Bank Transfer and credit/debit card2% + $7.5
Withdrawal Fee - American Express3% + $7.5
Withdrawal Fee - Skrill and Neteller1%
Deposit
Withdrawal

User Reviews

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User comment

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Comments

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FX1445390466
more than one year
TradeFTM's high minimum deposit requirement, unstable spreads, and poor trading platform experience make it a frustrating trading platform. I've had a hard time navigating their platform and have experienced inconsistent spreads, which can be a real concern when trying to execute trades. I cannot recommend TradeFTM.
TradeFTM's high minimum deposit requirement, unstable spreads, and poor trading platform experience make it a frustrating trading platform. I've had a hard time navigating their platform and have experienced inconsistent spreads, which can be a real concern when trying to execute trades. I cannot recommend TradeFTM.
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2023-03-24 09:42
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周红玉
more than one year
SCAM BROKER! Fake bonus. Never reply to emails. You will never make money here. All they do is scam your money and let you wait and wait... no end...STAY AWAY...!
SCAM BROKER! Fake bonus. Never reply to emails. You will never make money here. All they do is scam your money and let you wait and wait... no end...STAY AWAY...!
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2023-02-23 13:39
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