FutureFX-Overview of Minimum Deposit, Leverage, Spreads

Note: For some unknown reason, we cannot open FutureFXs official site (https://futurefx.org) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

General Information & Regulation

FutureFX, a trading name of Future Management Systems LIMITED, is allegedly a forex broker registered in Saint Lucia that claims to provide its clients with various tradable financial instruments with a choice of four different live account types through the worlds leading MetaTrader5 trading platform. As this brokerage's website cannot be accessed, we were unable to obtain further details about its leverage, spreads, minimum deposit, etc.

As for regulation, it has been verified that FutureFX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.69/10. Please be aware of the risk.

Market Instruments

FutureFX advertises that it offers access to a wide range of trading instruments in financial markets, including over 50 currency pairs, exotic currency pairs, BRNUSD, crude and metals.

Account Types

FutureFX claims to offer four types of trading accounts. The minimum initial deposit amount is extremely high-$3,000 for the Standard or Silver account, while the other two account types have much higher minimum initial capital requirements of $5,000 and $10,000 respectively.

Trading Platform Available

The platform available for trading at FutureFX is the worlds most widely-used MetaTrader5. 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 FutureFX is said to be $3,000. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Customer Support

FutureFXs customer support can be reached by telephone: +442038079330, email: INFO@FUTUREFX.BROKER, INFO@FUTUREFX.ORG. Company address: Rodney Bayside Building, Rodney Bay, Gros-Islet, Saint Lucia.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.