Score

1.47 /10
Danger

FUTAI

Australia

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.66

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Futai International Investment Pty Ltd

Company Abbreviation

FUTAI

Platform registered country and region

Australia

Company website

WhatsApp

  • +64 2041987754

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-11-16
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
FUTAI · Company summary
FUTAI International InvestmentBasic Information
Company NameFutai International Investment Pty Ltd
HeadquartersAustralia
RegulationsRegulated
Tradable AssetsForeiggn Exchange, Nobel metal, Energy,Index, DigitalCurrency
Education ResourcesNot specific
Customer Supportservice@futailnternational.com+64 2041987754

Overview of FUTAI International Investment

FUTAI International Investment is a brokerage firm situated in Australia. It is an online trading platform offering investors with perfect and high-quality financial mapping services including Foreiggn Exchange, Nobel metal, Energy,Index, DigitalCurrency through the MetaTrader 4 (MT4) trading platform and MetaTrader 5 (MT5), which effectively reduce investors' risks and create a perfect trading experience.

Overview of FUTAI

Is FUTAI International Investment Legit?

FUTAI International Investment is ragulatedby the Australian Securities and Investments Commission (ASIC) under license no. 001204723, offering investors with perfect and high-quality financial mapping services including Foreiggn Exchange, Nobel metal, Energy,Index, DigitalCurrency through the MetaTrader 4 (MT4) trading platform and MetaTrader 5 (MT5).

Is FUTAI Legit?
Is FUTAI Legit?

Pros and Cons

FUTAI International Investment offers a user-friendly withdrawal platform and a variety of trading instruments with low transaction fees. It is also regulated by a qualified regulatory institution. But it lacks of educational resources and the company's policies and measures are not transparent.

ProsCons
  • Popular and mainstream trading instruments
  • It is not transparency regarding company policies and procedures
  • Offering a user-friendly withdrawal platform
  • Lack of educational resources
  • Regulated by ASIC
  • Utilizes MT4 and MT5 Platform

Trading Instruments

Foreign Exchange:The average daily trading volume in the foreign exchange market is $5.3 trillion. The market liquidity is extremely high, several times higher than the stock market of any country. A positive offer gives it investment potential.

Nobel metal:Precious metals such as gold and silver are the most effective protection against a falling dollar, and they have a lot of potential to appreciate. Unlike paper money, bonds, and portfolio investments that can become worthless overnight, precious metals have intrinsic value, so they always have value.

Energy:Oil, natural gas and other energy fluctuates with the change of international situation, which is an important part of international venture capital. CFDS trading in energy products is the best way for ordinary people to participate directly in international investment.

Index:Stock index products reflect the economic conditions of all regions of the world, and index trading enables investors to effectively and directly invest in the global stock market.

DigitalCurrency: A cryptocurrency is a type of digital or virtual currency that is protected by cryptography, which makes counterfeiting or duplicate payments nearly impossible. Many cryptocurrencies are decentralized networks based on blockchain technology - decentralized registries executed by a distributed network of computers.

Trading Instruments

How to open an account with FUTAI

  1. Go to the FUTAI website and click the “Register TRADER4” or “Register TRADER5” button on the main page of the website
  2. You'll be directed to the login page. Enter your registered username and password, double-checking for accuracy before clicking “submit.”
  3. Once logged in, you'll be taken to the trading platform. Locate the trading interface and choose the asset you wish to trade.
How to open an account with FUTAI

Trading Platforms

MT4 Platform: MT4 is MetaTrader's premium online trading platform for financial intermediaries. It targets clients of financial intermediaries with a trading platform for financial products such as forex, CFDS, stocks and futures. With it, financial intermediation can be developed to provide transaction services for global financial markets.

Trading Platforms

MT5 Platform: MetaTrader 5 is a multi-asset platform that integrates multiple trading instruments such as forex, stocks and futures in the global financial markets through a single platform.

MT5 Platform

Customer Support

FUTAI International Investment can be contacted at service@futailnternational.com by email or +64 2041987754 by call for any inquiries or assistance.

Customer Support

Conclusion

FUTAI International Investment is an Australian broker offering a range of financial instruments. It utilizes the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, providing a user-friendly trading experience. The broker is regulated by the Australian Securities and Investments Commission (ASIC), which adds a layer of legitimacy. While FUTAI offers a variety of trading instruments and a user-friendly withdrawal platform, it lacks educational resources and transparency regarding its company policies and procedures. Overall, FUTAI presents itself as a legitimate broker with potential for traders. However, potential clients should conduct thorough research, consider the lack of educational resources and transparency, and weigh the pros and cons before making a decision.

FAQs

Is FUTAI International Investment regulated?

Yes, FUTAI is regulated by the Australian Securities and Investments Commission (ASIC).

What trading platforms does FUTAI offer?

FUTAI offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.

What assets can be traded through FUTAI?

FUTAI offers trading in Foreign Exchange, Noble metals, Energy, Indices, and Digital Currencies.

How can I contact FUTAI customer support?

You can contact FUTAI customer support via email at service@futailnternational.com or by phone at +64 2041987754.

Risk Warning

Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

User Reviews

More

User comment

3

Comments

Write a review

Aluke876
more than one year
I feel good on their mt4 trading platform, no glitches, and my orders are executed so quickly
I feel good on their mt4 trading platform, no glitches, and my orders are executed so quickly
Translate to English
2024-07-24 16:39
Reply
0
0
Aluke876
more than one year
FUTAI's got a good thing going with ASIC regulation and those popular trading platforms. But, it's a bit of a mixed bag. They're light on educational resources, which is a bummer for newbies. It's like they're saying, 'Hey, you're on your own!' So, if you're a seasoned trader, maybe give them a shot. Otherwise, look elsewhere.
FUTAI's got a good thing going with ASIC regulation and those popular trading platforms. But, it's a bit of a mixed bag. They're light on educational resources, which is a bummer for newbies. It's like they're saying, 'Hey, you're on your own!' So, if you're a seasoned trader, maybe give them a shot. Otherwise, look elsewhere.
Translate to English
2024-07-24 16:37
Reply
0
0
1