FTM Brokers Journal

Journal status: live
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FTM Brokers Profile
Website
Year
2002
Country
Belarus
Branches
1
Regulation
NBRB Belarus
Registration
no
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Iraq, Japan, North Korea, UK, US
Broker type
MM, STP
Dealing book
B-book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...

FTM Brokers Accounts
MM
STP
Minimum Deposit
1 $
1000 $
Leverage
200 : 1
200 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
2 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
500 lots
500 lots
Margin Call
100 %
100 %
Stop Out
30 %
50 %
Execution
Instant
Market
Spread
fixed
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Webpay
Base currency
USD
Segregated accounts
...
Interest on margin
no
Inactivity fee
none
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Is FTM Brokers safe?

  • Investor protection: no
  • Regulation: NBRB Belarus
  • Registration: no
  • Publicly traded: no
  • Segregated account: ...
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is FTM Brokers trusted?

  • Information transparency: sufficient ★★★
  • Customer service: virtually non-existent
  • FTM Brokers website: semi-detailed, updated ★★★
  • FTM Brokers popularity (by visitor count): average ★★★

How FTM Brokers works

1.3. Information on prices for underlying assets is provided by the Forex company to the Client via the Terminal based on data received from the Forex company liquidity providers.

4.2.1. Depending on the type of Account selected, the Forex Company offers its Clients several types of Spreads (fixed or floating). The Spread size is a dynamic value and depends on the conditions of liquidity providers, which are affected by the volatility of the Underlying Asset prices, the state of the over-the-counter market, etc.

https://www.ftm.by/resources/files/Agreement_FTMBrokers_en.pdf

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