FTM Trade Review
Read a complete FTM Trade Review to know about this broker.
Broker Website – https://www.ftmtrade.com/
Address – 22 Bishopsgate, London, UNITED KINGDOM, EC2N 4AJ
Warned By – Financial Conduct Authority (United Kingdom)
Scams are everywhere. Scams Online’s aim is to protect the online traders from scam brokers. Through FTM Trade Review we wish to alarm the traders about the possible issues related to this scam broker. Read the detailed FTM Trade Review below and keep your hard earned money safe from scam brokers.
Scams Online Scam Detector for FTM Trade broker
We analyzed the website of FTM Trade and we found many possible scam features available in their website. Their is no concrete proof that FTM Trade is regulated by any reputed regulatary body like FCA UK, ASIC Australia, CySec, Finma, Consob Italy or others.
Other major red flag is the absence of important information on the website of the broker. Absence of critical information in the website is an indication that the broker does not want to show those to the traders and thus sign of a potential scam. Attractive offers in the website are misleading and they are meant only to committ scams by victimizing the innocent traders who are entrapped by false promises.
How FTM Trade scam is done?
Unregulated Scam brokers whether Forex, Crypto or another find it very easy to scam traders. Free Bonus offers, minimum initial deposit and attractive returns which are far away from the normal are their tools. For example- You will be offered more than 100% profits in a month or something too good to be true. The team members will try everything to get an attractive deposit from innocent traders and once the deposit is done, they can run away with it.
If you are already trading with FTM Trade, you should immediately take away your funds by submitting a withdrawal request. Your funds can not be safe with scam brokers like FTM Trade. They might have asked you to sign some agreement which authorizes them to do anything they want to do.
Negative FTM Trade Reviews
FTM Trade broker has a number of online reviews in popular online review websites like Forex Peacy Army, Scams Online and others. Scams Online has made an extensive research work on FTM Trade reviews before concluding the fact that Ftmtrade.com is a scam broker. There are hundreds of dissatisfied customers who have reported scams in review websites like Trustpilot and others. These online reviews are from real people although the positive ratings might have been added by FTM Trade with the help of some fake reviews done through some automation. Negative reviews are big Red flags and traders should avoid trading with brokers having negative reviews.
Is FTM Trade Legit? Final Thoughts
Based on the facts provided above, it can easily be concluded that FTM Trade broker is a scam broker. Traders who have not invested on Ftmtrade.com assets should be warned about the possible scams done by this broker. Instead invest in some genuine and profitable assets from genuine brokers.
Scams Online has made fund recovery from scams possible through a legal process which has helped victims of scam brokers in getting back millions of dollars from scams. They have fund recovery experts who are legal lawyers and experts and who have already won hundreds of scam recovery cases.
If you are a victim of FTM Trade broker scam, you can get your funds back. All you need to do is to file a complaint against the broker here through our online complaint form. Our experts will contact you and provide a free consultation. We want to make you believe that fund recovery from scammers is possible and in the most genuine way. We have more than 10 years of expertise in fund recovery.
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