Score

1.47 /10
Danger

FUTAI

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.71

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Futai International Investment Pty Ltd

Company Abbreviation

FUTAI

Platform registered country and region

Australia

Company website

WhatsApp

  • +64 2041987754

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2025-01-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Pyramid scheme complaint
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FUTAI · Company summary
FUTAI Review Summary
Founded2001
Registered Country/RegionAustralia
RegulationNot Regulated
Market InstrumentsForeign exchange, metal, energy, index, and digital currency
Demo AccountNot Mentioned
Trading PlatformMT4 and MT5
Min Deposit$10
Customer Supportservice@futailnternational.com

FUTAI Information

FUTAI is a brokerage firm offering investors high-quality financial mapping services including Foreign Exchange, Nobel metal, Energy, Index, and Digital Currency through the MetaTrader 4 trading platform and MetaTrader 5. But information on trading fees and account types is not provided.

FUTAI Information

Pros and Cons

ProsCons
  • Supports MT4 and MT5
  • Lack of regulation
  • Offers multiple assets to trade
  • Limited information on trading fees and account types

Is FUTAI Legit?

FUTAI is not regulated.

Is FUTAI Legit?

What Can I Trade on FUTAI?

FUTAI offers many tradable assets including foreign exchange, metal, energy, index, and digital currency.

Tradable InstrumentsSupported
Forex
Metals
Energy
Indices
Cryptocurrency
Shares
Mutual Funds
What Can I Trade on FUTAI?

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4PC and MobileInvestors of all experience levels
MT5PC and MobileInvestors of all experience levels
Trading Platform

Deposit and Withdrawal

FUTAI requires 10 USD as a minimum amount of gold. The minimum withdrawal is set as $50.

Withdrawal OptionsMin. WithdrawalProcessing Time
USDT (USDT TRC20)$501-3 days
FastPay (VND, INR)$501-3 days
Bank Transfers (AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD)$501-3 days
Credit/Debit Card (AED, CAD, EUR, GBP, JPY, NZD, PLN, SGD, USD)$501-3 days
Thailand Internet Banking (THB)$501-3 days
Deposit and Withdrawal
Deposit and Withdrawal

User Reviews

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User comment

3

Comments

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Aluke876
more than one year
I feel good on their mt4 trading platform, no glitches, and my orders are executed so quickly
I feel good on their mt4 trading platform, no glitches, and my orders are executed so quickly
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2024-07-24 16:39
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Aluke876
more than one year
FUTAI's got a good thing going with ASIC regulation and those popular trading platforms. But, it's a bit of a mixed bag. They're light on educational resources, which is a bummer for newbies. It's like they're saying, 'Hey, you're on your own!' So, if you're a seasoned trader, maybe give them a shot. Otherwise, look elsewhere.
FUTAI's got a good thing going with ASIC regulation and those popular trading platforms. But, it's a bit of a mixed bag. They're light on educational resources, which is a bummer for newbies. It's like they're saying, 'Hey, you're on your own!' So, if you're a seasoned trader, maybe give them a shot. Otherwise, look elsewhere.
Translate to English
2024-07-24 16:37
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