TradeFTM-Overview of Minimum Deposit, Leverage, Spreads
Abstract：TradeFTM is an unregulated broker registered in the United Kingdom, offering trading in forex, commodities, stock CFDs, and spot indices with leverage up to 1:500 and spread from 2.4 pips on the Micro account via cTrader platform. The minimum deposit requirement is $200.
Note: TradeFTM's official website - https://tradeftm.com/ is currently inaccessible normally.
| TradeFTM Review Summary | |
| Founded | / |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, commodities, stock CFDs, spot indices |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 2.4 pips (Micro account) |
| Trading Platform | cTrader |
| Min Deposit | $200 |
| Customer Support | 24/5 support |
| Contact form | |
| Tel: +44 20 8144 1010 | |
| Email: support@tradeftm.com,info@tradeftm.com | |
| Address: 180, Whitton Road, Hounslow, London, England, TW3 2ES | |
| 130 Old Street, London, England, EC1V 9BD | |
TradeFTM is an unregulated broker registered in the United Kingdom, offering trading in forex, commodities, stock CFDs, and spot indices with leverage up to 1:500 and spread from 2.4 pips on the Micro account via cTrader platform. The minimum deposit requirement is $200.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Inaccessible website |
| Various account types | Unregulated |
| Flexible leverage rat | Wide spreads on basic accounts |
| Commission-free accounts offered | No MT4/5 |
| cTrader platform | High minimum deposit |
| Multiple payment options | Withdrawal fee charged |
Is TradeFTM Legit?
No, TradeFTM is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
What Can I Trade on TradeFTM?
TradeFTM advertises that it offers more than 140 trading products, including forex, commodities (metals, etc.), stock CFDs and spot indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Stock CFDs | ✔ |
| Spot indices | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Min Deposit |
|---|---|
| Micro | $200 |
| Mini | $500 |
| Gold | $2,000 |
| Professional | $5,000 |
| ECN Classic | $10,000 |
| ECN Gold | $25,000 |
| ECN VIP | $50,000 |
| ECN Elite | $100,000 |
Leverage
Traders holding different account types can enjoy different maximum leverage ratios, from 1:200 to 1:400. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.
| Account Type | Max Leverage |
|---|---|
| Micro | 1:300 |
| Mini | 1:400 |
| Gold | |
| Professional | |
| ECN Classic | |
| ECN Gold | 1:200 |
| ECN VIP | |
| ECN Elite |
TradeFTM Fees
| Account Type | Spread | Commission (Forex) |
|---|---|---|
| Micro | From 2.4 pips | ❌ |
| Mini | From 2 pips | ❌ |
| Gold | From 1.8 pips | ❌ |
| Professional | From 1.1 pips | ❌ |
| ECN Classic | From 1 pip | $25 per lot |
| ECN Gold | From 1 pip | $15 per lot |
| ECN VIP | From 1 pip | $10 per lot |
| ECN Elite | From 0.6 pips | $15 per lot |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| cTrader | ✔ | Windows, Mac OS, Web, Mobile devices | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
| Deposit Option | Visa, American Express, JCB, DISCOVER, MasterCard, Maestro, Visa Electron, Diners International, PayPal, Skrill, Neteller, Bank Transfer |
| Withdrawal Option | Visa, MasterCard, Maestro, PayPal, American Express, Skrill, Neteller, Bank Transfer |
| Min Deposit | $200 |
| Withdrawal Fee - Bank Transfer and credit/debit card | 2% + $7.5 |
| Withdrawal Fee - American Express | 3% + $7.5 |
| Withdrawal Fee - Skrill and Neteller | 1% |
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