Abstract:FRTC.NET LIMITED is allegedly a suspicious regulated forex broker based in China and incorporated on 28 December 2018, claiming to provide its clients with leverage up to 1:400 on the industry-standard MetaTrader5 trading platform, but only serves in Chinese markets.
Note: Since FRTC.NET LIMITEDs official site (https://www.frtcnet.live/) is unavailable while writing this introduction, only a cursory understanding can be obtained from the Internet.
General Information & Regulation
FRTC.NET LIMITED is allegedly a suspicious regulated forex broker based in China and incorporated on 28 December 2018, claiming to provide its clients with leverage up to 1:400 on the industry-standard MetaTrader5 trading platform, but only serves in Chinese markets.
Market Instruments
FRTC.NET LIMITED is a forex broker that mainly offers forex trading, yet we cannot be if there are also other available trading instruments due to its broken links.
Account Types
According to the information on the Internet, FRTC.NET LIMITED appears to provide only one type of real account and the minimum initial deposit requirement is $1,000.
Leverage
A leverage ratio of up to 1:400 is offered by FRTC.NET LIMITED, 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.
Trading Platform Available
The platform available for trading at FRTC.NET LIMITED is said to be the worlds most trusted and popular MetaTrader5 platform. 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.
Deposit & Withdrawal
The minimum initial deposit requirement at FRTC.NET LIMITED is $1,000, which is much higher than most brokers. However, the broker says nothing about the available deposit and withdrawal methods.
Customer Support
FRTC.NET LIMITED‘s customer support can be reached by email: frtcnetlimited@gmail.com. Company address: Unit G1, Capital House 61 Amhurst Road, London, United Kingdom, E8 1LL. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most brokers offer.
In the ever-evolving landscape of financial scams, fraudsters are now leveraging cutting-edge artificial intelligence (AI) to deceive unsuspecting victims. Deepfake technology, which manipulates audio and video to create hyper-realistic but entirely fabricated content, has become a powerful tool for scammers, particularly in the forex and cryptocurrency markets.
eToro has obtained regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) to offer crypto services across all European Union (EU) member states under the Markets in Crypto-Assets Regulation (MiCA) framework.
Established in 2012, JustMarkets (Formerly JustForex) is an online forex broker based in Cyprus and serves clients in over 160 countries. Featuring a low entry barrier, a 50% deposit bonus, and robust trading platforms -MT4 and MT5, JustMarkets has gained great popularity among retail investors in recent years. JustMarkets allows traders to trade over 260 CFD-based instruments, which is not an extensive range, yet on leverage up to 3000:1 to increase trading flexibility. To enhance the trading experience, both MT4 and MT5 are provided, along with JustMarkets Trading App, MetaTrader Mobile App, and MetaTrader WebTerminal. JustMarkets offers a 50% deposit bonus to boost traders' confidence. Opening an account is a fully online process, typically completed within one day.
Your Insights, the Compass for Global Forex Traders