Score

1.38 /10
Danger

Future FXM

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.03

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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

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Broker Information

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Company Name

Future FXM

Company Abbreviation

Future FXM

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Future FXM · Company summary
Future FXM Review Summary in 9 Points
Company nameFuture FXM
Registered country/regionEngland
RegulationUnregulated
Trading PlatformsOwn platform
Market InstrumentsForex, Indices, Stocks, Commodities and Cryptocurrency
Demo AccountNot available
Minimum Deposit$100
Maximum Leverage1:1000
Spread0
Customer Support24/5 Live chat
Phone: +44 20 4571 8672
Email: upport@futurefxm.com

Future FXM Information

Future FXM is a broker founded in England. It offers various market instruments, including Forex, Indices, Stocks, Commodities and Cryptocurrency.

Future FXM Information

Pros and Cons

ProsCons
Various account typesNot regulated
1:1000 maximum leverage

Is Future FXM Legit?

You need to note that according to WiKiFX's investigation, Future FXM is currently not regulated by any recognized financial authorities.

Is Future FXM Legit?

What Can I Trade on Future FXM?

You can trade dozens of products including Forex, Indices, Stocks, Commodities and Cryptocurrency.

Tradable Instruments Supported
Forex
Indices
Commodities
Cryptocurrency
Stocks

Account Type

Future FXM offers four account types, including Standard, Premium, ECN Pro and Star VIP. The minimum deposit amounts for these four account types are $100, $1,000, $5,000 and $10,000 respectively. Standard and Premium accounts don't charge fees for forex transactions, but ECN Pro charges $6 per lot and Star VIP charges $16 per million USD.

Account Type

Future FXM Fees

Standard and Premium accounts don't charge fees for forex transactions, but ECN Pro charges $6 per lot and Star VIP charges $16 per million USD. There are no fees for deposits and withdrawals trading. Future FXM charges a maximum commission of $15 for the account.

Future FXM Fees

Trading Platform

Future FXM uses it's own trading platform.

Trading Platform
Trading Platform
Trading PlatformSupportedAvailable Devices Suitable for
Own trading platformWeb, Android, IOSAnyone

Deposit and Withdrawal

Future FXM offers a variety of deposit and withdrawal methods, including Bitcoin, VISA, Wire Transfer, NETELLER and Skrill. The minimum deposit amount is 0.0004 Bitcoin and the minimum withdrawal amount is $5. There are no fees for deposits and withdrawals.

Deposit and Withdrawal

Deposit Options

Deposit Options Min. DepositFees Processing Time
Bitcoin0.00040 BTC0Instant
VISA5 USD0Instant
Wire Transfer500 INR010 mins
NETELLER50 USD0Instant
Skrill50 USD0Instant

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
Bitcoin5 USD0Instant
VISANo mentionInstant
Wire Transfer5 USD010 mins
NETELLER5 USD0Instant
Skrill5 USD0Instant

User Reviews

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User comment

5

Comments

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Dennis Chu
more than one year
Took the plunge with Future FXM and it's been a series of ups and downs. First off, no regulation, not the most confidence-inspiring feature. But the 24/5 client support almost made up for it - ‘almost’ because they had no live chat support. On the bright side, the raw spread from 0.0 pips kept things interesting. Whoa, the range of trading instruments! From indices to commodities, it was all reign free for my trading spirit. The lack of MT4 or MT5 was a bummer, nevertheless, the mobile-friendly trading platform was quite nifty. Loved the no commission on their standard account and the ease of multiple payment methods. But the fact they only offer accounts in USD is a bit limiting. Top-notch that there are no fees for deposits and withdrawals though!
Took the plunge with Future FXM and it's been a series of ups and downs. First off, no regulation, not the most confidence-inspiring feature. But the 24/5 client support almost made up for it - ‘almost’ because they had no live chat support. On the bright side, the raw spread from 0.0 pips kept things interesting. Whoa, the range of trading instruments! From indices to commodities, it was all reign free for my trading spirit. The lack of MT4 or MT5 was a bummer, nevertheless, the mobile-friendly trading platform was quite nifty. Loved the no commission on their standard account and the ease of multiple payment methods. But the fact they only offer accounts in USD is a bit limiting. Top-notch that there are no fees for deposits and withdrawals though!
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2023-12-05 16:55
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FX1490773481
more than one year
Deciding to take a ride with Future FXM was like stepping into a roller coaster. No regulation? It felt like walking on a tightrope. But boy, were the options galore! 1000+ instruments at my fingertips were quite the thrill. Trading from forex to cryptos - quite the variety. Their trading platform? Available on my desktop and phone - talk about convenience! But, no MT4 or MT5, which felt like missing out on a classic. On the plus side, the flexible leverage up to 1:1000 made it all the more exciting, and all for a minimum deposit of just $100! Multiple payment methods were icing on the cake, including good ol' bitcoin.
Deciding to take a ride with Future FXM was like stepping into a roller coaster. No regulation? It felt like walking on a tightrope. But boy, were the options galore! 1000+ instruments at my fingertips were quite the thrill. Trading from forex to cryptos - quite the variety. Their trading platform? Available on my desktop and phone - talk about convenience! But, no MT4 or MT5, which felt like missing out on a classic. On the plus side, the flexible leverage up to 1:1000 made it all the more exciting, and all for a minimum deposit of just $100! Multiple payment methods were icing on the cake, including good ol' bitcoin.
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2023-12-04 16:37
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