FCT Information Revealed

FCT | 2024-11-28 16:16

Abstract：The Financial Service Corporate, FIRST CLASS TRADE LIMITED (FCT), based in Auckland, New Zealand, currently operates with a revoked regulatory status and lacks valid regulation. Its website, email address, and phone number are unavailable, and potential clients should exercise caution due to associated risks. FCT offers various market instruments, including stocks, Forex, commodities, indices, cryptocurrencies, bonds, and derivatives. They provide multiple account types with different deposit requirements. The broker offers Meta Trader 5 and Meta Trader 4 as trading platforms and provides customer support through email.

Note: FCT's official website: https://www.fctnzl.com/cn/ is currently inaccessible normally.

FCTReview Summary
Founded	1994
Registered Country/Region	New Zealand
Regulation	ASIC, VFSC
Market Instruments	Stocks and shares, Forex, Commodities, Indices, Crypto Currencies, Bonds, Derivatives.
Account Type	Standard, Gold, Platinum, VIP, Islamic, Demo
Demo Account	✔
Islamic Account	✔
Leverage	Up to 1:100
Spread	0.1-2 pips
Trading Platform	Meta Trader 5 and Meta Trader 4
Min Deposit	$500
Payment Methods	Bank wire transfers, major credit cards
Customer Support	Email: info_cn@fctnzl.com
Customer Support	Physical Address: 2 Crummer Road Grey Lynn Auckland

FCT Information

First Class Trade Limited (short for “FCT”), founded in 1994, is a brokerage registered in New Zealand. The trading instruments it provides cover stocks, forex, commodities, indices, crypto currencies, bonds, derivatives.

Pros and Cons

Pros	Cons
Offers diverse market instruments	Unregulated
Islamic account available	Negative reviews highlighting withdrawal issues
MT4 and MT5 supported	Limited customer support options
Demo account available

Is FCT Legit?

It is clear that FCT is currently unregulated. The Whois website shows that the registration date of this dealer is 1994-08-24.

What Can I Trade on FCT?

FCT offers traders the opportunity to trade stocks, forex, commodities, indices, cryptocurrencies, bonds, derivatives.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Indices	✔
Bonds	✔
Derivatives	✔
Futures	❌
Options	❌

Account Types

FCT offers 4 different types of accounts to traders - Standard, Gold, Platinum, VIP. It also provides an Islamic Account and Demo Account.

Account Types	Minimum Deposit
Standard Account	$500
Gold Account	$5000
Platinum Account	$25000
VIP Account	$10000

FCT Fees

FCT charges maker fees of 0.05% and taker fees of 0.07%. The minimum spread is 0.1 pips and the maximum spread is 2 pips. FCT charges no commission for trading cryptocurrencies.

Trading Platform

FCT's trading platform is MT4 Margin WebTrader and MT5 Margin WebTrader, which supports traders on PC, Mac, iPhone and Android.

Trading Platform	Supported	Available Devices	Suitable for
MT4 Margin WebTrader	✔	Web, Mobile	Beginner
MT5	✔	Web, Mobile	Proficient

Deposit and Withdrawal

The broker offers 2 types of deposit and withdrawal methods - bank wire transfers and major credit cards. The minimum deposit is $500. The minimum withdrawal is $100. But there is no more information about fees.

Leverage Broker Dealer

Related broker

No Regulation

FCT

Company name：First Class Trade Limited

Score

1.59

Website：http://www.fctnzl.com/cn/

5-10 years | Suspicious Regulatory License | Suspicious biz area | Financial Service Corporate

Score

1.59

Lirunex Joins Financial Commission, Boosts Trader Protection

Lirunex joins the Financial Commission, offering traders €20,000 protection per claim. A multi-asset broker regulated by CySEC, LFSA, and MED.

Original 2025-02-07 17:49

Capital.com Review 2025: Trading Account & Withdrawal to Explore

Despite its relative youth, the Cyprus-registered online broker Capital.com has garnered respectable attention from a large number of retail and professional investors since its 2016 launch. Capital.com is a frontrunner among low-cost trading products; it allows individual and institutional investors to trade contracts for difference (CFDs) on three thousand markets, including Forex, Stocks, Commodities, Indices, Cryptocurrencies, and more. Impressively, Capital.com is on board with ESG investments as well. You can begin trading CFDs on the Capital.com platform with as little as $20. You can trade CFDs on this platform without paying any commissions; the only fees involved are the spreads. This broker offers a wide range of platforms, including mobile apps, a desktop trading app, an API from Capital.com, Tradingview, and MetaTrader 4. Among Capital.com's many distinguishing features is the wealth of educational content and high-quality research it offers its users. The platform's Marke

Science Popularization 2025-02-07 16:35

Italy’s Securities Regulator Consob Orders Shutdown of 6 Illegal Financial Service Websitese

Italy’s financial regulator, Consob, has ordered the shutdown of six unauthorized financial service websites to combat illegal financial activities and protect investors. This action is based on regulatory powers granted under the 2019 “Crescita Decree.” Since 2019, Consob has blocked 1,211 fraudulent websites. Investors can use WikiFX to verify compliance and avoid investment scams.

Original 2025-02-07 16:18