FTGmarkets 　　

Note: FTGmarkets' official website: https://ftgmarkets.com/ is currently inaccessible normally.

FTGmarkets Information

FTGmarkets is an unregulated broker, offering trading on forex, commodities, stocks and indices with leverage up to 1:40 via the web-based trading platform. The minimum deposit requirement is as high as $250.

Pros and Cons

Is FTGmarkets Legit?

No, this absence of oversight raises risks regarding consumer protection, transparency, and market integrity. Without regulation, there's a risk of fraudulent activities, manipulation, and inadequate recourse for investors. Investors face heightened vulnerability to scams and unreliable practices, potentially resulting in financial losses.

What Can I Trade on FTGmarkets?

Leverage

The broker provides up to 1:40 in leverage for forex trading.

Leverage allows traders to amplify their market exposure with a smaller initial investment, potentially increasing both profits and losses. With a leverage ratio of 1:40, traders can control positions worth up to 40 times their deposited capital.

Trading Platform

Deposit and Withdrawal

The broker accepts payments done via cryptos, Visa, MasterCard and bank wire. However, e-wallets such as Skrill and Neteller are not available.