FTM-Trade review ftm-trade.com Scam

• Broker FTM-Trade
• 13 January 2024 |
• Liberty

FTM-Trade review ftm-trade.com Scam

Read our FTM-Trade review to see if we recommend this broker for trading. Just to clear doubts, this is a ftm-trade.com review. How the project is searched:

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Is FTM-Trade Scam or Legit Broker?

In the world of investments and financial opportunities, it is crucial to be vigilant and carefully evaluate every project before making a decision. One project that has caught our attention and that we want to warn you about is the FTM-Trade company (by FTM-Trade reviews).

However, there are significant risks associated with fake brokers, and we want to warn you about the FTM-Trade project, which has been identified as an unregulated and unscrupulous broker. It’s essential to be aware of the signs indicating a fake broker and to avoid collaborating with such entities to protect your financial interests.

About FTM-Trade

FTM-Trade review – What the company says about itself: We offer all our clients the best trading solution in the form of our MT4, MT5 and cTrader accounts powered by data feed directly from our pool of prime liquidity providers. We do our best to simulate the real market conditions with super-raw spreads, very low commission and no markup to all demo trading accounts with virtual funds.
FTM-Trade, with registered address of F20, 1st Floor, Eden Plaza, Eden Island, Seychelles, is a trade name of Tradeco Limited. Tradeco limited is authorised and regulated by the Seychelles Financial Services Authority with licence number SD029.

While it may seem enticing at first glance, this project is, in fact, a classic example of a scam project, which has the potential to bring you more loss than gain.

FTM-Trade signs of a Fake Broker:

According to the presented results of ex-traders of this project, FTM-Trade review, which, by the way, are quite negative and unprofitable, the FTM-Trade company does not withdraw money, which, in principle, was quite expected and logical, also based on the previously mentioned provisions.

1. Lack of Regulation: One of the major signs of a fake broker is the absence of proper regulation by financial authorities. Legitimate brokers are subject to strict rules and standards imposed by regulatory organizations.
2. Unrealistic Promises: Fake brokers like FTM-Trade may make unrealistic promises of quick and substantial earnings to lure clients. These exaggerated promises should be treated with skepticism.
3. Weak Contacts and Support: A fake broker may have poorly defined contact details and may avoid providing complete and transparent information about their services.
4. Lack of Transparency: Transparency regarding fees, commissions, and the trading process is crucial. Fake brokers may hide this information or be evasive about it. (by FTM-Trade reviews)

ftm-trade.com disadvantages of collaborating with a Fake Broker:

Loss of Funds: Collaborating with a fake broker can expose you to the risk of losing significant investments, as they can manipulate trades to their advantage.

Theft of Personal Information: Fake brokers may request and use sensitive personal information for fraudulent purposes, such as identity theft.

Negative Experience: Collaborating with an unscrupulous broker can lead to a negative financial and emotional experience, with a loss of trust in the market and investments.

FTM-Trade Conclusion

FTM-Trade Review, ftm-trade.com Scam or Legit? In conclusion, avoid collaborating with the fake broker FTM-Trade and any other broker exhibiting signs of lack of regulation and transparency. Protect your financial interests and always choose legitimate and regulated brokers to ensure a safe and trustworthy investment experience.

How to Protect Yourself:

• Check Licensing and Regulation: Always verify if the broker is authorized and regulated by a trusted financial authority.
• Research Carefully: Conduct thorough research and read independent reviews to assess the broker’s reputation.
• Be Skeptical: Be skeptical of unrealistic promises of earnings, and avoid collaborating with brokers pressuring you to make large deposits.
• Request Information: Request complete and transparent information about fees, commissions, and trading regulations.

[frenify-rating id=”6154″]