Score

1.54 /10
Danger

FTO Capital

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index7.24

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • Global regulators have disclosed 4 pieces of information about this broker, please be aware of the risks!

WikiFX Verification

FTO Capital · Company summary

General Information & Regulation

FTO Capital is a forex broker owned by Nona Marketing LTD. The abbreviation FTO stands for “Financial Trading Online”. It is registered at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. There is zero evidence that FTO Capital is regulated.

Markets Instruments

FTO Capital offers the opportunity to trade in Forex, CFDs, stocks, indices and commodities such as oil, corn, gold and silver.

Minimum Deposit

As for the minimum deposit, it is $250 for the Silver account. Although this amount is acceptable, given the fact that FTO Capital is an unregulated broker, traders are not advised to register trading accounts here.

Leverage

The leverage available on the broker varies depending on the account a user has. The leverage that a Silver account holder has access to goes from 1:20 to 1:200. It goes from 1:40 to 1:400 for Gold account holders and from 1:50 to 1:500 for Platinum account holders.

Spreads & Commissions

Spreads and Commissions vary depending both on the selected product and the account type a user possesses. It is 3.0 pips for the EUR/USD currency pair for a basic account, but goes down to 2.0 with a Platinum account. For EUR/GBP it goes from 3.5 down to 2.4. Unfortunately, we were unable to access information on the commissions established by the broker.

Trading Platform Available

Here they offer two platforms to choose – Webtrader or Metatrader 4. You don`t need to download to your computer functional and user-friendly Webtrader, don`t need to install and learn complex instructions to work with it.

Deposit& Withdrawal

Today, traders often note in reviews that the broker offers a limited choice of methods for depositing and withdrawing funds. Thus, the following options for transactions are available:

l Bank cards (deposit, credit),

l Bank transfer,

l Payment systems (NETELLER, WebMoney, QIWI Wallet, Yandex.Money).

The money goes to traders bank accounts on time, usually within 5 working days.

Customer Support

You can contact support staff Monday to Friday from 12 am to 8 pm. This can be done through live chat or via email. Alternatively, users can choose to fill in a contact form by typing in their full name, phone number, email address, subject of the message and the department.

Education and Resources

FTO Capital offers a great variety of eBooks, webinars, tutorials, informative videos, news and much more that account holders can access at no extra cost.

User Reviews

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User comment

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Comments

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郭华芳
more than one year
FTO Capital has a bunch of complicated hidden rules when withdrawing money. Contact support team but they just beating around bush. After a week still unable to get my money back.
FTO Capital has a bunch of complicated hidden rules when withdrawing money. Contact support team but they just beating around bush. After a week still unable to get my money back.
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2023-03-01 10:34
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詹景佳
more than one year
There is no need to waste your time here, the website of FTO Capital is no longer open. Fortunately it seems that no one has been scammed.
There is no need to waste your time here, the website of FTO Capital is no longer open. Fortunately it seems that no one has been scammed.
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2023-02-15 17:32
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