FTGmarkets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-06 16:31

Abstract：FTGmarkets is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:40 via the web-based trading platform. The minimum deposit requirement is as high as $250.

　　Note: FTGmarkets' official website: https://ftgmarkets.com/ is currently inaccessible normally.

FTGmarketsReview Summary
Founded	2023
Registered Country/Region	Switzerland
Regulation	No regulation
Market Instruments	Forex, stocks, commodities, indices
Demo Account	❌
Leverage	Up to 1:40
Spread	/
Trading Platform	Web-based
Min Deposit	$250
Customer Support	Phone: +41 715087307
Customer Support	Email: support@FTGMarkets.com

FTGmarkets Information

　　FTGmarkets is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:40 via the web-based trading platform. The minimum deposit requirement is as high as $250.

Pros and Cons

Pros	Cons
Various trading products	No regulation
	inaccessible website
	No demo accounts
	No MT4/MT5 platform
	High minimum deposit requirement

Is FTGmarkets Legit?

　　No, this absence of oversight raises risks regarding consumer protection, transparency, and market integrity. Without regulation, there's a risk of fraudulent activities, manipulation, and inadequate recourse for investors. Investors face heightened vulnerability to scams and unreliable practices, potentially resulting in financial losses.

What Can I Trade on FTGmarkets?

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Commodities	✔
Indices	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
Mutual Funds	❌
ETFs	❌

Leverage

　　The broker provides up to 1:40 in leverage for forex trading.

　　Leverage allows traders to amplify their market exposure with a smaller initial investment, potentially increasing both profits and losses. With a leverage ratio of 1:40, traders can control positions worth up to 40 times their deposited capital.