FTG

According to WikiFX data, FTG (Fair Trading Global) holds a total score of 1.77 out of 10, which reflects significant regulatory deficiencies. The broker does not currently possess any valid licenses from authoritative financial regulators. Its previous registrations with the Seychelles FSA and Estonia's MTR have been revoked, leaving it without credible oversight. This lack of regulation, combined with multiple user reports of withdrawal issues and account restrictions, places FTG in a high-risk category. Traders should carefully evaluate these risks before considering any engagement.

No, FTG is not currently regulated. According to WikiFX data, the broker previously held a Derivatives Trading License from the Seychelles Financial Services Authority (FSA) and an Investment Advisory License from Estonia's MajandusTegevuse Register (MTR), but both licenses have been revoked. As a result, FTG operates without valid regulatory oversight from any major financial authority.

FTG offers two account types with different minimum deposit requirements. The Standard account requires a minimum deposit of $100, while the VIP account requires a minimum of $5,000.

The trading platforms supported by FTG are not explicitly listed in the information available to WikiFX. Traders may need to contact the broker directly or check the official website for details on platform support.

Pro: Offers multiple account types (Standard and VIP) with flexible leverage options up to 1:400 and competitive spreads starting from 0.6 pips on EURUSD for VIP accounts. Cons: 1. Lacks valid regulatory oversight, as both its Seychelles FSA and Estonia MTR licenses have been revoked. 2. Multiple user complaints report withdrawal delays, account restrictions, and poor customer service. 3. WikiFX assessment gives a low total score of 1.77 out of 10, indicating a high-risk profile.

Yes, according to WikiFX data, there are several user complaints against FTG. Common issues include withdrawal delays lasting weeks, account freezes after requesting withdrawals, and unresponsive customer service. Some users have also reported difficulties contacting the broker after their local office abruptly closed.

FTG does not hold a Financial Conduct Authority (FCA) license, which is required for offering forex trading services to UK residents. Given its lack of FCA authorization, it is unlikely to be available in the UK. Traders should verify directly with the broker or consult the official website for regional availability.

FTG offers a Standard account with a low minimum deposit of $100 and leverage up to 1:400, which may appeal to beginners. However, the broker lacks a valid regulatory license, which is a critical safety concern for new traders. Additionally, there is no mention of a demo account or educational resources in the available data. Beginners should prioritize brokers with strong regulatory oversight and transparent practices before trading.

FTG's spreads vary by account type. For the Standard account, EURUSD spreads start at 1.8 pips, which is relatively high compared to industry averages. The VIP account offers tighter spreads from 0.6 pips, but requires a $5,000 minimum deposit. No commission structure is explicitly stated, so total trading costs depend on the account chosen. Traders should also consider the risk of additional fees given the broker's lack of regulatory transparency.

FTG provides two account types: Standard and VIP. The Standard account requires a minimum deposit of $100, offers leverage up to 1:400, and has EURUSD spreads starting from 1.8 pips. The VIP account requires a $5,000 minimum deposit, offers leverage up to 1:200, and tighter EURUSD spreads from 0.6 pips. Both accounts support scalping, hedging, and EA trading. Neither account type is listed as Islamic account compatible.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

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WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.