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Score
The Virgin Islands
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
Australia Appointed Representative(AR) Revoked
High potential risk
Add brokers
Comparison
Quantity 3
Exposure
Score
Regulatory Index0.00
Business Index7.04
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
FT Worldwide Holdings Limited.
Company Abbreviation
FTMarkets
Platform registered country and region
The Virgin Islands
Company website
Company summary
Pyramid scheme complaint
Expose
General Information & Regulation
FT Markets is a UK-registered online forex broker, the trading name of FT Worldwide Holdings Limited, founded in 2005 with offices in London, Hong Kong, New York, and other locations. FT Worldwide Holdings Limited is currently regulated offshore by the Seychelles Financial Services Authority and holds its authorized retail forex license, regulatory number: SD051 as well as an authorized representative license from ASIC in Australia, regulatory number: 001275411.
Market Instruments
FT Markets offers investors access to 60 financial tradable instruments, including foreign exchange, gold, and silver, as well as stocks and indices. In terms of market instruments, it is quite average.
FT Markets Minimum Deposit
Three types of real trading accounts are available on the FT Markets platform: Mini (minimum initial deposit of $50), Gold (minimum initial deposit of $100), and Platinum (minimum initial deposit of $2,000).
FT Markets Leverage
The maximum trading leverage offered by FTMarkets is up to 1:500. Investors should be aware that leverage can increase potential profits on the one hand, but can also increase risk on the other, so use leverage according to your risk tolerance.
Spreads & Commissions
FT Markets requires no commissions, only calculating commission into spreads. The average spread on a mini account is 2.1 pips on GBP/USD, 1.5 pips on AUD/USD, 0.35 pips on XAUUSD, and 0.04 pips on XAGUSD, the average spread on a gold account is 1.7 pips on GBP/USD, 1.1 pips on AUD/USD, 0.28 pips on XAUUSD and 0.03 pips on XAGUSD, the average spread on a platinum account is 1.5 pips on GBP/USD and 0.7 pips on AUD/USD. The average spread for GBP/USD is 1.5 pips, for AUD/USD is 0.7 pips, XAUUSD 0.22 pips, and for XAGUSD 0.03 pips. More information on spreads can be found on the FT Markets website.
Trading Platforms
FT Markets offers traders two trading platform options, the FT mobile app (downloadable in the App Store and Google) and the world-renowned MT4 trading platform (Windows, iOS, Mac, Android versions).
Deposit and withdrawal
FTcMarket offers a variety of deposit and withdrawal methods, such as wire transfer, VISA, MasterCard credit cards, Skrill, Neteller, and other electronic wallets.
Customer Support
The FTMarkets customer support team can be reached through telephone, email, and two social media platform including Facebook and Twitter. The custome support service is only available 24/5.
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