Note: FXTM's official site - https://fxtmonline.live/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
What Is FXTM？
FXTM Trading Corporation, based in the United Kingdom, offers trading services without regulatory oversight. Its official website is already dead, so we can only find very limited information about this broker.
Pros & Cons
Examining the pros and cons of FXTM reveals an immediate imbalance.
Unfortunately, the lack of regulated supervision stands as a major red flag. Without regulation, traders are at high risk and are not provided with any assurance or protection. Adding fuel to the fire is their dead website, which makes it impossible for potential clients to learn more about the broker's trading conditions or to perform basic functions such as account registration or logging in.
The only means of communication seems to be email support, which isnt the most instant or dynamic form of customer service. And lastly, very little information about FXTM can be found online, making it hard for potential users to grasp what exactly they are signing up for.
Regrettably, no positive aspects of FXTM stand out to counterbalance these concerns at this time. It is always advisable for traders to opt for a well-regulated and transparent broker.
Is FXTM Safe or Scam？
Regulatory Sight: FXTM is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.
Issues Reported: From its user feedback, we can see issues related to withdrawal difficulty. The user claimed that he/she cannot withdraw money from his/her account. What's more, fraud activity is also reported by the user. In this case, users need to be very cautious about the reliability of this broker.
Customer Support
The customer support of FXTM primarily relies on email communication, with clients being able to reach out to them via the email address support@investerminer.co. Additionally, the company's physical address, located at One Canada Square (Headquarters) London E14 5AB, serves as another channel for customer inquiries or concerns. However, it does not provide any other form of customer support, such as phone or live chat options.
Conclusion
FXTM has no regulation currently. Due to their website being non-functional and the scarcity of information online, potential investors should be more cautious. And it provides very limited customer support. We do not recommend users to trade with this broker.
Frequently Asked Questions (FAQs)
Q: Can I call FXTM to get immediate assistance？
A: No, you can't. It does not provide immediate contact.
Q: Is FXTM regulated or not？
A: No, it is not regulated.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
2024-03-29 14:00
