✔️ Information reviewed and updated in February 2024 by Eduardo López
⭐ Opinions and information about the FTMO broker ⭐
¿Is the FTMO broker (aka ftmo.com) really trustworthy? ✅ Is it safe for you to invest your money with this company? ❎ Is FTMO reliable? ❎ In this section we will analyze the company and its reputation as such on the internet.
Do you want to give us a hand and help us with information about this company? We invite anyone who has experience with this company, to leave a comment with their experience and to give the company a score according to their experience with it. Let's start with the analysis:
✔️ What is FTMO? FTMO is a broker of: Forex, Cryptocurrencies and CFDs.
✔️ The broker mentions be part of: FTMO Evaluation Global sro / FTMO Evaluation US sro
✔️ Where is it based? FTMO is based in: Czech Republic.
✔️Is it a regulated broker? If we talk about regulation, the FTMO broker does not mention absolutely anything about being regulated, FTMO is an unregulated broker.
We will continue to analyze the different account types that FTMO offers. In the case of FTMO, we note that the page does not provide information about the existence of different types of account.
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🔸 The platforms used to trade are: the MT4, MT5 and cTrader platform.
🔸 Now, yes, we will go on to analyze the different resources and help that the company provides to traders on its website: some explanations of the products that FTMO offers, an explanation of basic concepts of the investment world, some live charts, economic calendar , financial event news, pip calculator, really not much else.
What we like the most
What we like least
Additional information about the company
🔸 Phone number: +44 2033222983
🔸 Website: ftmo.com
🔸 Clarification: If you think that our review is not correct, or you have a different opinion about this company, we invite you to leave a comment in this section - rating with your opinion.
🔸 Bonuses or promotions: None by the moment
⭐ FTMO valuation ⭐
☑️ With the information we have so far, the comments and reviews, evaluations and criticisms of users and traders, our opinion is that it looks like a company we should be careful with.
☑️ Why? Despite seeing several positive reviews on the internet, it is still an unregulated broker, this can be very dangerous, in case the company goes bankrupt or for some other reason, it will be impossible to withdraw the invested capital.
(I.e. Is FTMO safe? How reliable is FTMO? ❎ We consider it to be an unsafe, unreliable company and we do not recommend it. ❎ Why? For the reasons mentioned above.
❗ October 2022 update: AMF, French financial regulator, has reported to FTMO due to fraudulent activities.
Do you know this company? Do you think our opinion is not correct? Have you operated with this broker? Share a comment with your experience.