FTrade review will tell you more about the company profile, its history, account types and used trading platform. This binary options broker has appeared only less than 2 years ago, yet it could provide quite nice conditions and this is why it has captured some of the traders. Continue reading FTrade review to find out more about this broker! Looking for a good broker? Try FTrade!!
Min. Deposit: $200 Demo: No
Platform: SpotOption Bonus: N/A
Regulation: N/A US Clients: NoSign up with FTrade
FTrade Binary Options Broker Review: About The Company
FTrade is a relatively new binary options trading company that was established in 2014 and has offices in the UK and Anguilla. They have over 100 employees between the two offices. FTrade has not yet obtained a license, so we cannot say that it is one of the leading Binary Options trading companies.
Why is that? Maybe it is because FTrade has not succeeded in developing both a great innovative trading platform. FTrade does not provide a comprehensive customer solution that includes poor education and average customer support. If you would like to risk – this company should definably be checked-out, otherwise we would recommend you to settle with a regulated and licensed broker – 24option.
FTrade Binary Trading Platform
FTrade claims that their trading platform is one of the most advanced, innovative binary trading platforms in the market today. However, FTrade is certainly not an industry leader in the effective use of the technology, they simply provide a SpotOption platform and nothing extra. Also they claim to stay ahead of the trends to give you the most technologically advanced trading platform on the market, but this is all rather a fluffy stuff. As you may imagine, this is all a marketing gig and it doesn’t correspond to reality. FTrade supplies you with just a SpotOption platform. Even though this is a great platform, FTrade shouldn’t be credited for how good the platform is, this binary options broker just made a good technological choice.
As usually, FTrade SpotOption platform is web based and does not require any downloads. It is streamlined and very user friendly. Best of all, FTrade SpotOption platform can be used on smart phones and tablets so you can trade, any-time anywhere. The platform is available in English, Russian and Arabic. Most of the brokers would provide a larger scale of supported languages.
FTrade Binary Trading Instruments
At FTrade you can trade hundreds of assets including: currency pairs, metals, indices and stocks, long term, 60 seconds, one touch and ladder. Stocks include: Google, Apple, IBM, Microsoft, Coca Cola, EBay, and many more. Currencies include EUR/USD, EUR/Rub, USD/JPY are big trading items. There are indices from around the world. A detailed list of all the available assets, their descriptions, expiry times, symbols and trading hours are in the Asset guide on FTrade’s home page.
The minimum trade investment for Binary options is $25 but you trading starts at just $5 for the very popular 60 Seconds trades.
Demo (or dummy) accounts are not available. There is some poor training available for newbie traders, but neither beginners nor experienced well-seasoned traders won’t need them.
FTrade Trading Account Types
FTrade provides their clients with a wide variety of resources and benefits in accordance with the account category they choose. Here is a list of the account types that are available. There is something for everyone from a newbie beginner trader to an experienced day trader.
FTrade Mini Account
This is the cheapest account with FTrade binary options broker and it provides you with a little binary options bonus and some additional features:
- Minimum deposit – $200
- Up to 20 percent bonus
- Market reviews
- Learning Center
FTrade Basic Account
Great account offered at FTrade, it is mostly suitable for the starters, as it includes a good educational package.
- Minimum Deposit $500
- Up to 30 percent bonus plus:
- Introduction level Learning Center membership
- One on one Candlestick chart training
- Market reviews
- Learning Center
FTrade Review – Standard Account
This is a standard offer at FTrade available for regular binary options traders. It starts at 1,000 USD and has quite an attractive 40% deposit bonus offer attached to it.
- Minimum Deposit $1,000
- Up to 40 percent bonus plus:
- Advanced level Learning Center membership
- One on one strategy session with a specialist
- Dedicated account manager
- Daily and weekly market reviews
- Money management training
- Learning Center
FTrade Binary Options Review – Executive Account
A great account available for serious binary option traders. FTrade will assist you on trading and supply you with some trading strategies, although Binary Options Hub would advice against that and use proven Binary Trading Strategies available on our site.
- Minimum Deposit $5,000
- Up to 50 percent bonus
- Full Standard Account plus:
- Three trading strategies
- Professional trading analysis
Similar to the previous account, the main difference is that a corporate account could be opened under a name of the company. The minimum deposit for it starts at $10,000. You can also get up to 75 percent bonus.
All accounts are commissions free and are entitled to a welcome bonus as well as free phone line, live chat and email support. On top of that, every single client of FTrade has access to the most up to date and relevant market news and reviews by financial experts.
All accounts are commissions free and are entitled to a welcome bonus as well as free phone, chat and email assistance. In addition, all of FTrade’s clients have access to the most up to date and relevant market news and reviews by financial experts.
You can trade anytime, anywhere from your computer, smart phone or tablet whenever markets are open. You can even open withdrawals from your smart phone.
All of FTrade’s client’s deposits, withdrawals and trading history (all winning, losing and drawn positions) can be viewed in the My Account section of the platform. A client can just login in to their account and select the information they want to see. A detailed account record can be requested by clients.
FTrade is committed to giving excellent customer service. And they believe that every client deserves to be treated honestly, respectively and with dignity at all times. FTrade’s Customer Solutions department can be contacted via email, live chat or by phone at 44-2033181472.
FTrade Review of Deposit and Withdrawal Conditions
Traders can deposit and trade in USD, EUR, or GBP. The minimum deposit in $200 in the clients’ currency choice. Ftrade accepts credit cards, debit cards and wire transfers. They will soon be adding more processing and investment opportunities. It is important to note that FTrade does not charge any fees or commission for deposits or withdrawals.
Opening a withdrawal is easy and painless and takes only three to five business days to process for a fully verified client. All funds deposited by credit card can only be withdrawn to the same credit card. Profits are withdrawn via wire transfer.
FTrade Review of Education
FTrade is a very different type of Binary Options trading firm. They believe that offering their clients’ personal attention as well as all the training and tools needed to make the most educated and informed trading decisions. Their Learning Center is chock full of video courses, E-books, Trading Tutorials, and a Binary Dictionary. Ftrade provides its clients with a personal market analyst, a weekly market update, an economic calendar, personal charts training, and daily trading signals.
FTrade Review Conclusion
Binary Options trading should be exciting and enjoyable. Traders should have peace of mind and not have to worry about whether their money is safe. That is why you should only invest in a reliable company. Even though FTrade is a Binary Options Hub tested broker, it is still not regulated and some may say that it makes FTrade Scam. We are not yet sure if FTrade is a scam or not, but we would not recommend you to deposit with this broker.
FTrade tells a stellar reputation and is one of the fastest growing binary options trading company in the world. All of their client funds are kept in segregated accounts and are completely safe. FTrade’s account offices and systems that are linked to the outside, are completely secured with a unique IP based security system on top of standardized security systems like Secure Sockets Layer (SSL). This is of course not true, as the broker does not have any regulation.
SSL encrypts all credit card payments over the web. This system is automatic, and clients will receive instant notification if their browser does not support it. FTrade’s security system is the same system that is used by PayPal and Amazon and other online financial institutions. NOT! This is again just a joke, FTrade does not provide any security, as the security is supplied on the end of the Payment Processor.
Binary Options Hub would not recommend you to open an account with this broker. As we try to recommend only the best place for online binary trading, we encourage you to sign up with 24 option.