Global FT Market -Overview of Minimum Deposit, Leverage, Spreads

General Information

Established in 2021, Global FT Market is an online forex broker registered in Saint Vincent and the Grenadines, offering diversified range of trading instruments, including Forex, Stocks, Metals, Indices through the advanced MT4 trading platform. Investors have the great flexibility to choose from five different trading accounts, and the maximum leverage available is up to 1:1000.

Global FT Market is a Saint Vincent and the Grenadines-registered company under registration number: 23395 BC 2021.

Please note that Global FT Market is an unregulated offshore forex broker, and trading with this broker needs to take extra vigilance.

Market Instruments

Global FT Market says it provides clients with access to various popular and mainstream financial markets. Four classes of trading instruments, such as Forex, Indices, Stocks and Metals, are all available through this brokerage platform.

Account Types

Global FT Market has set five tiered trading accounts designed for both retail and professional traders, namely Standard, Cent, Pro, Raw Spread, and Insurance accounts. The minimum initial deposit required by each account is quite low compared with its competitors, ranging from $5 to $500.

Insurance, hedging and EA are available with five trading accounts. Standard, Cent, Pro and Insurance accounts are applicable with Swap-free options except the Raw Spread account.

How to open an account with Global FT Market？

Both live and demo account can be opened easily with the Global FT Market platform. A demo account is here for beginners to get a feel of this platform and practice their trading skills. To open a live account, a few steps are listed below:

1. Click on the “OPEN ACCOUNT” link on the homepage of the Global FT Market website.

2. Fill in some required details and upload your personal document for verification.

3. After approval, your account will be registered successfully.

4. Fund your account and start to trade on this platform.

Spreads & Commissions

Spreads and commissions are determined by trading accounts with the Global FT Market platform.

Cent, Standard, and Pro accounts offer a commission-free trading environment, accompanied by average spreads, with the minimum spreads starting at 1.5 pips. The Raw Spread account and the Insurance account both charge a commission of $3 per lot per size, with spreads starting 0.6 pips and 1.0 pips, respectively.

Leverage

When it comes to leverage, Global FT Market permits traders to use leverage of up to 1:1000, which is significantly higher than the levels regarded appropriate by many regulators.

Bear in mind that high leverage is not necessarily the good thing, as it can magnify gains as well as losses.

Trading Platform

Global FT Market offers its clients the access to popular MT4 trading platform that can be available for Desktop, Mobile and Web terminals.

Traders can quickly analyze market activity, place trades, and integrate automated systems thanks to this powerful platform's convenient workspace (Expert Advisors). Everything you need to begin trading on the financial markets, including all of the above features, is available in a single, convenient interface.

Aside from the MT4 trading platform, Web Trade and Copy Trade are also available.

Educational Resources & Trading Tools

Apart from trading platforms offered, there are some trading tools available: VPS and Forex Calculators. Some educational resources, including Webinars, Platforms Tutorial, and Strategies are also at your disposal.

Payment Methods

The minimum deposit to invest with this broker is as low as $10. Global FT Market allows its clients to make a deposit and withdrawal through multiple payment methods, including VISA, Maestro, Skrill, Neteller, Bank Transfer, Local Bank Transfer, WebMoney.

Customer Support

Global FT Market relies on its FAQ section and live chat to solve any problems with clients trading assets. Traders can also reach out to Global FT Market about any questions or concerns they may have about their accounts or their trading through email support. Here are some contact details:

Email:

singapore@globalfxtm.com (Singapore),

dubai@globalfxtm.com (Dubai)

brazil@globalfxtm.com(Brazil)

poland@globalfxtm.com (Poland)

Registered Company Address: Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines.

Or you can also follow this brokerage on some social media platforms, such as Facebook, Twitter, Linkedin and Youtube.

Restricted Regions

Global FT Market does not accept traders from Japan, USA, Canada, Myanmar, Brazil, Malaysia, Israel, and Islamic Republic of Iran.

Risk Warning

There is a level of danger that comes with trading on the financial markets. As sophisticated instruments, foreign exchange, futures, CFDs, and other financial contracts are typically traded using margin, which significantly increases the inherent risks involved. Therefore, you should consider carefully whether or not this sort of investment activity is right for you.

The information presented in this article is intended solely for reference purposes.