FTM Broker -Overview Guide of This Broker

FTM Brokers Information

FTM Brokers is a brokerage firm regulated by the National Bank of Belarus (license number 192620616). Formerly known as Forexline, it was established in 2016. The firm offers over 60 non-deliverable instruments, including foreign exchange, precious metals, oil, stock indices, and securities. It provides a maximum margin leverage of 200 times, with spreads as low as 0 points, and supports the MT4 platform.

Pros and Cons

Is FTM Brokers Legit?

The National Bank of the Republic of Belarus (NBRB) regulates FTM Brokers, and its license number is 192620616.

What Can I Trade on FTM Brokers?

FTM Brokers offers forex, precious metals, oil, stock indices, and securities.

Account Type & Fees

Both FTM.COMFORT and FTM.STANDARD charges a 0.04% commission on Securities. For FTM.PRO, the commission starts from 0.006%, with more details to follow.

Leverage

The platform offers a maximum leverage of 1:200, applicable to all account types. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

Trading Platform

Deposit and Withdrawal

Bonus

FTM Brokers company gives presents to new and existing customers and launches a promotion, within which you can get a $50 spread refund for every $1,000 of margin deposit in case all promotion conditions are met.