Abstract:FUTAI, registered in Australia, operates under the regulatory oversight of ASIC, ensuring compliance with stringent financial standards. With a minimum deposit requirement of $100 USD and maximum leverage of 1:200, FUTAI offers accessible entry into trading with competitive spreads starting from 0.5 pips. Utilizing the MetaTrader 4 platform, renowned for its comprehensive charting tools and automated trading capabilities, FUTAI provides a robust trading environment. Customer support is available via email at service@futailnternational.com and phone at +61 40514541, emphasizing prompt and knowledgeable assistance for traders.
Broker Name | FUTAI |
Founded in | 2019 |
Registered in | Australia |
Regulated by | Unregulated |
Minimum Deposit | $50 |
Maximum Leverage | 1:200 |
Spreads | 0.5 pips |
Trading Platform | MT4 and MT5 |
Customer Support | service@futailnternational.com |
FUTAI, registered in Australia, operates under the regulatory oversight of ASIC, ensuring compliance with stringent financial standards. With a minimum deposit requirement of $100 USD and maximum leverage of 1:200, FUTAI offers accessible entry into trading with competitive spreads starting from 0.5 pips. Utilizing the MetaTrader 4 platform, renowned for its comprehensive charting tools and automated trading capabilities, FUTAI provides a robust trading environment. Customer support is available via email at service@futailnternational.com and phone at +61 40514541, emphasizing prompt and knowledgeable assistance for traders.
FUTAI is not regulated by any authorities.
FUTAI presents several strengths, including its utilization of the widely favored MetaTrader 4 platform, offering traders familiarity and robust functionality. The maximum leverage of 1:200 enhances trading flexibility, empowering users to optimize their positions effectively.
However, potential drawbacks include limited deposit and withdrawal methods restricted to crypto wallets, which may pose inconvenience for some traders. FUTAI also offers a relatively limited range of account types, potentially limiting choices for diverse trading needs.
Pros | Cons |
• Utilizes the popular MetaTrader 4 platform | • Lack of educational resources or transparency regarding company policies and procedures |
• Provides flexibility with spreads | • Deposit and withdrawal methods limited to crypto wallets |
• Maximum Leverage with 1:200 | • Limited account types |
FUTAI offers a streamlined standard account tailored to meet the trading needs of both new and seasoned traders. This account provides access to a wide range of financial instruments, including forex, commodities, and indices, via a user-friendly platform. Here's a table summarizing the information:
Feature | Detail |
Account Type | Standard |
Maximum Leverage | 1:200 |
Minimum Deposit | ≥100 USD |
Minimum Spread | 0.5 |
FUTAI offers competitive leverage of 1:200 to enhance trading opportunities for its clients. Leverage ratios at FUTAI allow traders to amplify their market exposure relative to their initial investment, enabling them to potentially increase their trading positions and capitalize on market movements with greater flexibility.
FUTAI offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) across multiple platforms. The desktop versions are available for both Windows and macOS. Additionally, mobile versions of MT4 and MT5 are available for iOS (iPhone, iPad) and Android devices, ensuring traders can access their accounts and trade conveniently on the go.
FUTAI's Customer Support team offers reliable assistance through multiple channels, including a dedicated email support at service@futailnternational.com.
FUTAI provides a range of deposit and withdrawal methods, all with a minimum of $50. Available options include USDT (TRC20), FastPay, Bank Transfers, Credit/Debit Cards, and Country-Specific Internet Banking for various countries such as Thailand, Vietnam, Indonesia, and Poland. Deposits are processed instantly, while withdrawals typically take 1-3 days. These methods support multiple currencies, offering flexibility for international traders.
FUTAI is a regulated broker with a user-friendly platform and competitive leverage options for different traders. However, limited account types and educational resources require consideration.
What platform does FUTAI use?
FUTAI utilizes the popular MetaTrader 4 platform, known for its user-friendly interface and advanced functionalities.
What deposit/withdrawal methods does FUTAI offer?
Currently, FUTAI offers deposit and withdrawal methods limited to crypto wallets.
Trading online carries inherent risks, including the potential loss of your entire investment.
Bursa Malaysia saw a slight dip on the final trading day of the year as profit-taking and cautious sentiment dominated. The FBM KLCI declined 3.4 points to 1,634.28, with muted turnover of RM822.07 million due to year-end festivities. Blue-chip stocks, including Tenaga Nasional and Telekom Malaysia, experienced declines, while regional markets remained subdued amid global uncertainties. As 2024 approaches, investors remain cautious, balancing risks with potential opportunities.
HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.
Robinhood to introduce options trading in the UK by 2025 following FCA approval. Discover how this expansion aligns with Robinhood's strategy for global growth and new features.
In recent months, PrimeX Capital, a Forex and CFD broker established in 2022, has become a subject of concern in the trading community. However, despite these enticing features, the broker's reputation has been severely tarnished by multiple complaints and a troubling lack of regulatory oversight.