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TradeFTM review

TradeFTM review: regulation (No), minimum deposit 200, leverage up to 1:1000, platforms and current bonuses.

4.7of 5
Open account
Minimum deposit200
Max. leverage1:1000
Spread from0.6 Pips
Founded2016

Trading conditions

Broker type
STP/ECN
Minimum deposit
200
Maximum leverage
1:1000
Minimum spread
0.6 Pips
Platforms
MetaTrader 4
Account currencies
USD/EUR & More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/debit cards, Wire transfer, Neteller, Skrill
Withdrawal methods
Credit/debit cards, Wire transfer, Neteller, Skrill

Company

Regulation
No
Founded
2016
Country
United Kingdom
Address
Suite 11, Penhurst House, 352-356 Battersea Park Road, London, England, SW11 3BY
Website languages
English
Phone
+44 70 2404 2475
Email or Skype
[email protected]

TradeFTM pros and cons

Pros

  • Regulated by No
  • Raw spreads from 0.6 Pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:1000 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

TradeFTM FAQ

Is TradeFTM a safe and regulated broker?

TradeFTM was founded in 2016 and is regulated by No. Your protection depends on which TradeFTM entity opens your account.

What is the minimum deposit at TradeFTM?

The minimum deposit at TradeFTM is 200. Payment providers may set their own minimum amount.

What is the maximum leverage at TradeFTM?

TradeFTM offers leverage up to 1:1000. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does TradeFTM offer a no deposit bonus?

No. TradeFTM does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does TradeFTM offer?

TradeFTM supports MetaTrader 4. Mobile trading is available.

Does TradeFTM allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does TradeFTM offer an Islamic (swap-free) account?

Yes. TradeFTM offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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