WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

FTG FINTECHGLOBAL

China|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.ftgfx.com/

Website

Rating Index

Contact

https://www.ftgfx.com/
https://web.facebook.com/FTG-Thailand-106405884594727/?epa=SEARCH_BOX

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
China
Operating period
2-5 years
Company Name
FTG FINTECHGLOBAL
Abbreviation
FTG FINTECHGLOBAL
Company employee
--
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Account Information
Website
Company Summary
Review

Users who viewed FTG FINTECHGLOBAL also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
XM
XM
Score
9.05
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

EC Markets

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
EC Markets
EC Markets
Score
9.05
  • 10-15 years |
  • Regulated in Australia |
  • Market Making(MM) |
  • MT4 Full License
Official website

AUS GLOBAL

8.18
Score
10-15 yearsRegulated in CyprusMarket Making(MM)MT4 Full License
AUS GLOBAL
AUS GLOBAL
Score
8.18
  • 10-15 years |
  • Regulated in Cyprus |
  • Market Making(MM) |
  • MT4 Full License
Official website

GTCFX

8.12
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
GTCFX
GTCFX
Score
8.12
  • 10-15 years |
  • Regulated in United Kingdom |
  • Straight Through Processing(STP) |
  • MT4 Full License
Official website

Website

  • ftgfx.com

    Server Location

    Singapore

    Website Domain Name

    ftgfx.com

    Website

    GRS-WHOIS.HICHINA.COM

    Company

    HICHINA ZHICHENG TECHNOLOGY LTD.

    Domain Effective Date

    2015-12-09

    Server IP

    166.62.10.181

Company Summary

Aspect Information
Company Name FTG
Registered Country/Area China
Founded Year 2019
Regulation Unregulated
Minimum Deposit $10,000
Leverage up to 1:200
Spreads From 0.3 pips
Trading Platforms MT4
Tradable Assets Forex,indices,stock,commodities
Account Types Personal account
Demo Account Available
Customer Support Email,social media
Deposit & Withdrawal Credit/debit card,bank transfer

Overview of FTG

FTG is a trading company based in China, established in 2019. Although it operates without regulation, it offers a range of financial products such as forex, indices, stocks, and commodities on the MT4 trading platform. Potential clients can start trading with a minimum deposit of $10,000 and can leverage up to 1:200, with spreads starting from 0.3 pips.

FTG offers a personal account type and also provides the option for a demo account for practice. For customer support, clients can reach out via email and social media, and the company facilitates transactions through credit/debit cards and bank transfers.

Overview of FTG

Is FTG Legit or a Scam?

FTG is unregulated, which means it doesn't operate under the oversight of any recognized financial regulatory authority. While FTG provides trading options in forex, indices, stocks, and commodities through the MT4 platform, it might not adhere to the legal or ethical standards established for trading platforms in some regions. Consequently, potential traders should approach with caution.

It's essential to conduct comprehensive research or consult with a financial professional before engaging with unregulated platforms. The lack of regulation can lead to challenges, including potential issues in conflict resolution, no compensation mechanisms if FTG faces bankruptcy, and heightened risks of fraudulent activities.

Pros and Cons

Pros of FTG:

  1. Diverse Tradable Assets: FTG offers a variety of financial products for trading, including forex, indices, stocks, and commodities, which provides traders with multiple investment opportunities.

  2. MT4 Platform: FTG uses the MetaTrader 4 (MT4) platform, which is one of the most popular and user-friendly trading platforms in the industry.

  3. Demo Account: FTG offers a demo account option, allowing new and prospective traders to practice and get a feel for the platform without risking real money.

  4. Reasonable Spreads: With spreads starting from 0.3 pips, traders have the potential for competitive trading conditions.

  5. Multiple Transaction Methods: FTG supports deposits and withdrawals through credit/debit cards and bank transfers, offering flexibility in transaction methods.

Cons of FTG:

  1. Unregulated: Being unregulated poses risks, as there's no oversight by a recognized financial authority, potentially leading to unethical practices or conflicts of interest.

  2. High Minimum Deposit: A minimum deposit of $10,000 might be prohibitive for some retail traders who are looking to start small.

  3. Limited Account Types: Offering only a personal account type may not cater to the diverse needs of different traders, such as institutional investors or those looking for more advanced trading features.

  4. Potential Conflict Resolution Issues: Without regulation, traders may find it challenging to address and resolve disputes or conflicts with the platform.

  5. Risk of No Compensation Mechanism: In the event of company bankruptcy or significant financial issues, traders might lack any compensation mechanisms or recourse to recover their funds.

Pros Cons
Diverse Tradable Assets Unregulated
MT4 Platform High Minimum Deposit
Demo Account Limited Account Types
Reasonable Spreads Potential Conflict Resolution Issues
Multiple Transaction Methods Risk of No Compensation Mechanism

Market Instruments

FTG furnishes its traders with a vast selection of market instruments, ensuring they have access to a variety of trading avenues and can cultivate an extensive investment portfolio spanning several asset classes. Let's delve into FTG's market instruments:

  1. Forex (Foreign Exchange):

    1. Currencies: FTG is a gateway to the expansive forex market for its clientele, facilitating the trade of a multitude of currency pairs. This might encompass major, minor, and perhaps some exotic pairs, opening up avenues to capitalize on global currency fluctuations.

  2. Indices:

    1. Benchmark Trackers: At FTG, traders can navigate the world of indices, allowing them the chance to speculate on the movements of premier stock market indices. This could include renowned indices from various regions, letting traders align their strategies with overarching market trajectories.

  3. Stocks:

    1. Equities: FTG provides an opportunity for traders to invest in the stock market. They can buy or speculate on the price movements of shares from various corporations, tapping into the pulse of business performance and market sentiment.

  4. Commodities:

    1. Tangible Assets: FTG caters to those interested in the commodities market. Traders have the possibility to engage in trading both hard commodities, like metals, and soft commodities, like agricultural products, leveraging the price dynamics of these tangible goods.

With this extensive array of market instruments, FTG ensures its traders can implement a myriad of trading techniques.

Market Instruments

Account Types

FTG offers its users a “Personal account” type, the details of which are not exhaustively mentioned in the information provided. Typically, in the trading landscape, a personal account is tailored to cater to individual retail traders. Such an account grants them access to an expansive array of trading assets and markets, spanning from Forex to commodities, typically facilitated through a user-friendly platform.

Within FTG's personal account, traders are presented with the opportunity to navigate a diverse assortment of market instruments using the MT4 trading platform. Furthermore, they have the advantage of tapping into specific customer support avenues for any questions or needed support.

How to Open an Account?

Here's a simplified 5-step guide to opening an account with FTG:

  1. Visit the Official Website:Start by navigating to FTG's official website. Look for the “Open an Account” or “Register” button, usually prominently displayed on the homepage.

  2. Complete the Registration Form:Once you click on the registration button, you'll be directed to a form. Fill in your personal details, such as name, email address, phone number, and any other required information. Ensure the details are accurate to avoid complications later.

  3. Submit Verification Documents:For security and compliance reasons, most trading platforms require identity verification. This might include uploading a copy of a government-issued ID (like a passport or driver's license) and a recent utility bill or bank statement to confirm your address.

  4. Wait for Account Approval:After submitting your details and documents, the platform will review your application. This process may take anywhere from a few hours to several days. Once approved, you'll receive a confirmation email with your account details and login credentials.

  5. Fund Your Account:Now that your account is set up, navigate to the “Deposits” or “Banking” section of the platform. Choose your preferred deposit method, such as credit/debit card or bank transfer, and follow the on-screen instructions to fund your account. Ensure you're aware of the minimum deposit requirements.

Leverage

FTG offers its traders a leverage ratio of up to 1:200. Such a leverage level means that traders have the opportunity to control positions up to 200 times their initial deposit. While this can significantly amplify potential profits, it's essential to note that it also increases the risk of substantial losses. Higher leverage can magnify both gains and losses, making it crucial for traders to exercise caution and employ sound risk management strategies when engaging in trades using leverage.

Spreads & Commissions

Spreads and commissions play a pivotal role in determining the overall cost for traders.This trading platform offers spreads starting from 0.3 pips.

However, specifics regarding commissions haven't been specified. Hence, traders should approach with caution and ensure they have a comprehensive understanding of all associated fees before making a decision to use this platform.

Spreads & Commissions

Trading Platform

FTG utilizes MetaTrader 4 (MT4) as its primary trading platform, resonating with a wide array of traders given MT4's proven reliability, user-friendly design, and a robust array of features suitable for novices and seasoned traders alike.

Within FTG's platform spectrum, MT4 provides a dynamic trading landscape, enabling users to navigate a diverse set of market instruments, enriched by a plethora of tools and functionalities tailored to optimize the trading experience.

Traders leveraging FTG's MT4 platform can benefit from its superior charting capabilities and an extensive assortment of technical indicators. Additionally, they have the option to engage in automated trading through Expert Advisors (EAs).

Trading Platform

Deposit & Withdrawal

FTG places a premium on facilitating seamless financial transactions for its clients by presenting diverse deposit and withdrawal mechanisms, underlining ease and efficiency in fund management.

Clients are accorded the versatility to utilize credit/debit cards or bank transfers for their monetary dealings with the platform, setting a noteworthy minimum deposit threshold of $10,000. This situates FTG as a choice potentially appealing to traders, including those inclined towards a more substantial initial investment.

For those contemplating or currently using the platform, it's crucial to gain a thorough grasp of FTG's fiscal protocols.

Customer Support

FTG FINTECHGLOBAL, commonly abbreviated as FTG, emphasizes fostering robust client relationships and aims to provide efficient customer support through its specified communication avenues. Clients in need of support or those wishing to establish direct contact with the platform can utilize the various social media channels available.

For a deeper insight into the company, its services, or other pertinent information, they can visit the official website at https://www.ftgfx.com/. Additionally, their presence is notable on social platforms like Facebook, Instagram, and YouTube.

These channels have been thoughtfully established to cater to the diverse needs of traders, ensuring seamless access to support or information about the platform, tailored to their convenience.

Conclusion

FTG FINTECHGLOBAL, often abbreviated as FTG, is a trading platform rooted in China, showcasing a commitment to maintaining strong client relationships. Their dedicated online presence, ranging from an official website to various social media channels like Facebook, Instagram, and YouTube, underscores their drive to provide efficient customer support and foster transparency.

Prospective and current clients can conveniently access a wealth of information and support through these avenues, indicating FTG's emphasis on client-centric service and its ambition to stand as a reputable name in the trading industry.

FAQs

Q: Which trading platform does FTG utilize?

A: FTG employs the MetaTrader 4 (MT4) platform for its trading activities.

Q: What types of assets can I trade with FTG?

A: Traders can engage with a wide range of assets including Forex, indices, stocks, and commodities.

Q: Is there a minimum deposit requirement to start trading with FTG?

A: Yes, to begin trading with FTG, you need to make a minimum deposit of $10,000.

Q: How can I contact FTG's customer support?

A: FTG maintains a strong online presence, and clients can reach out via their official website or their social media channels on Facebook, Instagram, and YouTube for support and inquiries.

Q: Is FTG regulated?

A: As per the information provided, FTG is currently unregulated.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk
Write a comment
Positive
Neutral
Exposure

Content you want to comment

Please enter...

Submit now
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com