Score

1.48 /10
Danger

Future Management Systems

Saint Lucia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.76

Risk Management Index0.00

Software Index4.00

License Index0.00

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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

Future Management Systems LIMITED.

Company Abbreviation

Future Management Systems

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Future Management Systems · Company summary

General Information & Regulation

Future Management Systems, a trading name of Future Management Systems LIMITED., is allegedly an unregulated STP broker registered in Saint Lucia with registration number 2018-00208 and provides brokerage services to clients in the forex and CFD markets since 1997. The broker says to provide its clients with leverage up to 1:100, spread from 1 pip and zero commission on the PAMM and MetaTrader5 trading platforms, as well as a choice of four different account types and 24/7 customer support service.

Market Instruments

Future Management Systems advertises that it offers more than 300 trading instruments in financial markets, including 100 forex currency pairs, shares CFD, cryptocurrencies, as well as for gold (XAUUSD), silver (XAGUSD), Brent oil (XBRUSD) and WTI (XTIUSD) and natural gas ( XNGUSD).

Account Types

There are four live trading accounts offered by Future Management Systems, namely Standard, Silver, Gold and VIP. The deposit amount on the Standard account is up to $5,000, while on the Silver account is from $5,000, on the Gold account is from $10,000 and on the VIP account is from $30,000.

accounts

Leverage

A leverage ratio of up to 1:100 is offered by Future Management Systems, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads & Commissions

Future Management Systems claims that clients on the VIP account can enjoy spread from 1 pip with zero commission, while other account types have no more information involved.

Trading Platform Available

Platforms available for trading at Future Management Systems are PAMM and MetaTrader5, compatible with Android, iOS, Windows and Web terminals. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

platforms

Trading Tools

Future Management Systems also provides its clients with a profit calculator as its trading tool to help them calculate the profits more easily, whose interface is clear and easy to use, just as the below screenshot shows.

tools

Deposit & Withdrawal

Future Management Systems states to work with Visa, MasterCard, Maestro and Wire Transfer. Both deposits and withdrawals have a 3% commission from the bank and require 1-3 working days to be processed.

payments

Customer Support

Future Management Systems customer support can be reached by telephone: +44 20-3807-9330, email: info@future-fx.org or send messages online to get in touch. Company address: Handelsbank Elsenheimer Str. 41 München 80687 Germany.

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南侠展昭
more than one year
Future Management Systems claims to offer zero commission services, but that's not the case! I was just deceived by it. I regret it so much until now.... stay away from this company!
Future Management Systems claims to offer zero commission services, but that's not the case! I was just deceived by it. I regret it so much until now.... stay away from this company!
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2023-03-13 13:40
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