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Home » Trading » FtmTrade

FtmTrade Review

Table Of Contents

Table Of Contents

FtmTrade Logo
🌐 Website ftmtrade.com ftmtrade.co ftmtrade.info
🏠 Company FTM Trade
📌 Address 22 Bishopsgate, London EC2N 4AJ, United Kingdom
☎️ Phone +442037721060 +442037721026
📧 Email support@ftmtrade.com support@ftmtrade.co info@ftmtrade.info
⚖️ Regulation  Unregulated, Blacklisted

FtmTrade Details

FtmTrade is an online trading broker owned by FTM Trade. The company is located at 22 Bishopsgate, London EC2N 4AJ, United Kingdom.

To contact FtmTrade, their support team can be reached via phone at +442037721060 +442037721026 or by email at support@ftmtrade.com support@ftmtrade.co info@ftmtrade.info.

Their website can be found at : ftmtrade.com ftmtrade.co ftmtrade.info

It is essential to exercise caution and conduct deep research before engaging with any online trading platform, including FtmTrade.

To help you make an educated decision, consider checking out our in-depth reviews of two other companies we have recently examined: Handswift Trading and Optiumgroup.

Traders Opinion

The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other traders who have already used the same service, and have expressed their opinions and feedback online on various forums.

Reading reviews from other traders who have experienced FtmTrade firsthand is crucial in determining the broker's reliability. These reviews offer insights into the platform's functionality, customer service, and overall trading experience, allowing potential investors to make informed decisions.

After conducting some research on various social media platforms (Facebook, Twitter, Instagram), as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with FtmTrade. Based on this user feedback, it appears that FtmTrade is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform.

There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances.

How To Withdraw From FtmTrade?

If your funds are stuck in your FtmTrade account, you should try to reach out to them first and request a withdrawal by every possible means so that you have proof to show authorities later on if they refuse to process your withdrawal.

Unfortunately, FtmTrade is not regulated or authorized to operate by any major regulatory authority, which means it will be a difficult process to withdraw from this company if they decide to ignore your request or suspend your account for trivial reasons.

If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.

Investing time in research before trying to invest on a suspicious broker can save you from potential losses and unnecessary stress.

Read more about this topic in our dedicated article: Financial Regulation Authorities.

Is FtmTrade Legit or a Scam?

When researching an online broker, the first and most important step should always be to find out if they have a regulatory license from a financial institution. This will tell you whether they are regulated by a central authority or if you are dealing with an offshore and/or unregulated investment company.

When a broker is unregulated or regulated by an entity outside of your jurisdiction, you have limited to no legal recourse in the event that your funds are compromised. In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction.

Some examples of regulatory authorities that issue brokerage licenses are:

  • The Cyprus Securities and Exchange Commission (CySEC)
  • The Financial Conduct Authority (FCA)
  • The Australian Securities and Investments Commission (ASIC)

If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction.

How Online Trading Scams Work?

One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too.

Once the brokerage believes that they have extracted all available funds from an investor and his/her network, they will then proceed to suspend the account, and the investor will no longer be able to access the funds put in.

Many fraudulent firms will even claim to be domiciled in a regulated jurisdiction, and display fake regulatory licenses and addresses on their websites to try and improve their credibility with unsuspecting investors.

Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when trying to invest in trading platforms.

More info about trading scams:

Got Scammed by FtmTrade?

If you have lost money with FtmTrade, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.

Chargeback Is Your Solution!

The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – can help you for your chargeback process:

  • 24/7 availability: Get help whenever you need it.
  • Free consultation: Evaluate your case without any upfront costs.
  • Quick processing: Expedite the recovery of your funds from FtmTrade.
  • High success rate: Boost your chances of successful fund recovery.

Relying on a reputable service like MyChargeBack is crucial when dealing with online scams, as the typical chargeback process can often be complicated and time-consuming without the proper guidance.

5 Simple Steps to Get a Chargeback From FtmTrade

Follow our straightforward guide to efficiently reclaim your lost funds from FtmTrade with minimal hassle.

  1. Complete the Form: Begin by completing the form above, providing necessary details about your case. This allows the team to understand your situation with FtmTrade and prepare for the consultation.

  2. Get A Free Consultation: Schedule a free consultation with MyChargeBack team of experts. During this consultation, they will assess your case and offer guidance on the best course of action to recover your lost funds from FtmTrade.

  3. In-Depth Case Analysis: As you proceed with MyChargeBack, their expert team conducts an in-depth analysis of your case, identifying the optimal chargeback strategy for fund recovery based on your unique circumstances.

  4. Recovery Process: Their team of specialists scrutinizes your case, collects evidence, and negotiates with the involved parties to expedite the recovery of your funds. MyChargeBack team will consistently communicate with you and your bank or card issuer during the chargeback process.

  5. Fee Payment: Upon successful recovery of your funds lost to FtmTrade, MyChargeBack charges a fee as a percentage of the reclaimed amount. If fund recovery is unsuccessful, no fees apply, except in exceptionally complex cases.

Through these five straightforward steps, MyChargeBack simplifies the fund recovery process, enabling you to reclaim your money from FtmTrade with minimal inconvenience.

FAQs

Is FtmTrade a Legitimate Company to Trade With?

Unfortunately, FtmTrade is not a trustworthy company to deal with, as they are not registered or regulated by any major regulatory authority, such as the Financial Conduct Authority (FCA).

What Are the Risks of Using FtmTrade?

The risks involved in using unregulated companies like FtmTrade include the inability to file a complaint with a credible regulatory authority in case of a dispute.

What Should I Do If I Have Been Scammed by FtmTrade?

First and foremost, report the incident to your local authority department. If no resolution can be reached, there is still hope to recover your funds from FtmTrade by attempting to open a chargeback case with your bank or credit card provider.

How Can I Get Help for Filing a Chargeback Case?

Since the process of filing a chargeback case can be relatively complex and time-consuming, we recommend seeking assistance from our partner, MyChargeBack, by completing the form provided on top of the page.

In the event of an exceptionally complex case they may require an upfront fee, as building your case will necessitate initial resources. Otherwise, if successful, MyChargeBack will be compensated by retaining a percentage of the recovered funds from FtmTrade, typically around 20%.

How Can I Avoid Being Scammed Online?

To prevent falling victim to scams in the future, always ensure that you deal with legitimate companies that are fully regulated by major regulators, such as the FCA.

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  1. J’ai investi 250 € de dépôt chez FTM Trade et cela fait depuis novembre 2022 que je demande la restitution du dépôt avec clôture du compte. On me ballade depuis ce moment-là avec diverses manipulations via les app Binance, Bunq et Revolut. Il ont gonflé subitement la balance de mon compte à 7340€ et me disent que je peux récupérer cette somme en cryptomonnaie moyennement le paiement PRÉALABLE d’une taxe de tourisme de 10% soit 734€ avant qu’ils me versent le solde dans Binance. Comment peuvent-ils acheter pour moi pour 7370,32 € de cryptomonnaie avec un capital de départ de 250€ . Leur tableau de bord est à géométrie variable et ils le modifie suivant leur souhait comme un miroir aux alouettes. Cela pue l’arnaque et ils m’appellent tous les jours. J’ai,déjà eu au moins 8 interlocuteurs.

  2. Bonjour

    Pouvez-vous m’aider à récupérer mon argent
    Je me suis faite frauder par FTMTRADE

  3. Bonjour,
    La même aventure m’est arrivée et j’ai aussi laissé tombé les 11’000.- frs car il demande tout pareille que je verse 3’000.- frs pour les frais et je leur ai dit qu’il se serve sur les soit disant 72’000 euro gagné . fin de discutions car maintenant j’ai soit disant a faire au supérieur du MR Ficher .
    je ne donne plus rien tant pis pour moi, une leçon un peu cher….
    Cordialement-
    Doris

  4. J’ai perdu beaucoup d’argent avec le trader Alfred Dumas
    Je ne parle pas anglais pouvez vous m’aider

  5. FTNTRADE : est une arnaque : demande de déposer 250 euro pour commencer OK vient les téléphones ( 5 à 15 ) pour vous montrer que vous avez fait de l’argent OK il vous demande si vous voulez aller plus loin avec 10,000 $ , même 20,000$ NON vous demandez de fermer votre compte encore ( 5 à 15 téléphones ) , ” compte fermé ” OK plus de nouvelles d’eux mais …. un jour le téléphone sonne , avec mon compte fermé je vient de faire 10,000$ je suis très chanceux car ils ont oublié de me déconnecter de la Bourse , mais car il y a un mais , je doit leurs envoyer 2,800$ pour payer les frais de courtages et autres avant qu’ils déposent de reste dans Coinbase par la suite ils vont me donner le mot de passe pour retirer l’argent ! REFUSÉ le monsieur à l’autre bout de la ligne n’était pas content et racroche ! à suivre

  6. FtmTrade is blacklisted by 3 of Europe’s most important regulators, the FCA in the UK, the FSMA in Belgium and the CNMV in Spain.
    You can fill out the form on the website to get in touch with Mychargeback and create a chargeback case.

    Cordially.

  7. Bonjour,
    J’ai investi 10000 € chez Ftmtrade depuis août 2022. En fin d’année ils m’ont proposés d’acheter 1 ticket IPO de 50000 €. Vu que j’en avais déjà transféré 10000 € , il me manquait 40000€. Comme j’en avais pas cette somme, ils m’ont proposés de me créditer cette somme en attendant d’avoir les 40000€, pour ne pas perdre l’opportunité. Ce que j’ai accepté. Le problème c’est qu’ils m’ont dit que je ne pourrais retirer mes profils, seulement une fois le crédit remboursé.
    Aujourd’hui j’ai pu rembourser 15000€, donc j’en suis à 25000€ investi et franchement j’ai peur de payer les autres 25000 qui me manques et de ne pas récupérer mon argent. Que puis-je faire ? Et que me conseillez-vous à faire ?
    Merci pour votre retour

  8. Impossible de récupérer mes fonds chez Ftm Trade
    Chaque opération de crédit est en fait un débit
    Ils mettent de l’argent sur un compte mais en fait il est débité d’un autre compte

  9. Bonjour
    J ai investi 3000 euros il y a environ 2 mois, a ce jour j ai un bénéfice d environ 70000 euros.j aimerais retirer une partie de la somme mais à condition de verser 30% de taxes et impôts. Je vous avoue que je suis réticent et un interrogatif.Quelqu un peut me conseiller ?
    Merci

  10. bonjour, j’ai déposé 4650 euros en faisant un emprunt ,début aout j’ai eu un contrat avec 10 % de gain sur 5 jours et j’ai reçu 465 euros dans les quinze jour jusqu’à la pas de problème mais après on me demande de refaire des crédits me promettant mon et merveille je n’ai pas pu les obtenir ,du coup on m’a laissé tomber et de temp en temp il prenne des positions pour moi sans m’en parler ,je suis arrivé a 14834.22 de balance mais je ne suis pas plus avancé ça fait deux mois que je demande par mail de clôturer mon compte ,le support me dit que cette en cour j’ai également envoyé deux lettre recommander ,je n’ai toujours pas reçu l’accusé de réception ,je panique et je déconseille vivement FTMTRADE c’est de l’escroquerie .

  11. Hola, me encuentro con mi inversión y mis ganancias “retenidas” segun ellos. Me piden un dinero en concepto de impuestos, y no lo veo nada claro. Has conseguido tu dinero de vuelta? Gracias.

  12. Hola! Me gustaria saber si FTMTrade es de fiar, yo estoy con ellos desde julio y llevo invertido casi 8000€ ellos me conceden un credito de una cantidad mas elevada para poder abrir mas operaciones en bitcoin y hasta que no ingrese el total del credito prestado no puedo retirar ganancias. Al final ya no se que hacer, si dejar por perdido lo q tengo invertido.

  13. Hi,

    FTM Trade, lie about to be located in United Kingdom, Brokers who work from UK should be regulated by the Financial Conduct Authority in England, FTM Trade is unregulated!

  14. Bonjour
    J ai déposé 2750 euros sur la plate-forme FTMTRADE
    22 Bishopsgate Londonien EC2N 4AJ
    United Kington
    Pensez vous que c est une arnaque
    Surtout qu ils me demandent de déposer 16000 euros pour etherum

  15. Merci d’avance pour votre aide.
    Le montant investi de euros 250.- n’est pas démesuré, mais il est important pour moi.