FTM Broker -Overview Guide of This Broker

General Information & Regulation

FTM Broker is a Belarusian-based financial services provider, providing private and professional market participants with financial instruments. FTM Broker currently holds a retail forex license from the Belarusian National Bank of Belarus (NBRB) (license number: 192620616).

Market Instruments

FTM Broker provides investors with access to popular currency pairs in the Forex market, gold and silver, crude oil, and natural gas, as well as marketable securities.

Minimum Deposit

To meet the investment needs and trading experience of different investors, FTM Broker offers three different trading accounts: FTM Fixed Accounts (minimum deposit of $0), FTM Floating Accounts (minimum deposit of $200), and FTM Pro Accounts (minimum deposit of $1000). The initial deposit of $0 to start a live account seems a good option for most traders to have a try.

Leverage

The maximum trading leverage available for all three accounts is 1:200, which is considered high. Inexperienced traders are advised not to use high leverage, as it can magnify returns but also risks at the sametime.

Spreads & Commissions

For FTM Broker fixed spread accounts, the spread is 3 pips on EURGBP, 2 pips on EURUSD, 32 pips on XAUUSD, and 75 pips on XAGUSD. For floating accounts, the spreads start from 1.4 pips for EURUSD, 1.6 pips for EURGBP, 25 pips for XAUUSD, and 65 pips for XAGUSD, while for FTM Broker Pro accounts, the spreads start from 0.1 pips for EURUSD, 0.2 pips for EURGBP, 14 pips for XAUUSD and 59 pips for XAGUSD.

Trading Platforms

Traders trading with FTM Broker can use the MT4 trading platform, which is currently the most popular trading software, combining market-based and technical analysis features, easy to use, and reliable. It is ideal for novice traders and experienced traders alike and can be installed on personal computers and mobile devices.

Deposit and withdrawal

Traders can use bank cards, electronic payment systems, mobile payments (for Belarusian SIM cardholders), and WebMoney to deposit and withdraw funds from their FTM Broker investor accounts. Traders who make deposits and withdrawals via mobile payments and WebMoney will incur payment system fees.

Customer Support

Traders can contact the companys support service by means of email, live chart, and several phone numbers specified on the FTM Broker official website.

Pros & Cons

Frequently Asked Questions

Does FTM Brokers offer a demo account？

Yes, FTM Brokers does offer a free demo account for beginners to practice forex trading in a 100% risk-free environment.

What is the minimum deposit requirements to open a live account with FTM Brokers？

FTM Fixed accounts requires $0 to start trading.

Does FTM Brokers offer leverage？

Yes, the maximum trading leverage offered byFTM Brokers is up to 1:200.

What payment methods does FTM Brokers support？

FTM Brokers supports payments through

What trading platform does FTM Brokers provide？

FTM Brokers provides access to the industry leading MT5 trading platform.

What types of trading accounts does DCFX provides？

There are three types of trading accounts on offer:

• FTM Fixed Accounts

• FTM Floating Accounts

• FTM Pro Accounts