FTrade – Scam or Not

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a Complete Guide for Binary Options Trading

FTrade is the great embodiment of informative and trader-friendly broker in the binary options industry. It has been established in 2020 and within a very short time frame, it has already gained sufficient awareness regarding the traders’ requirements.

On the basis of traders’ valuable requirements, this broker is always ready to serve the best service for the improvement of the traders. Our FTrade review analysis provides detailed information about the binary options trading world and this broker that promises wonderful payouts or features. Can it be trusted? Let’s find out.

Basic information:

Online since: 2020
Software: SpotOption
Max Returns: Up to 83%
Minimum Deposit: $200
Bonus: 100%
Minimum Investment: $25
Maximum Investment: none
Currencies: USD, EURO and British Pound
Mobile: No
Countries: All Countries

– low minimum deposit
– easy withdrawal procedures
– user-friendly website

Binary Minery Rating:

FTrader Account Features

Two account types of FTrade have been developed to offer to its traders. Individual and corporate accounts are available here. We expect to observe additional accounts obtainable in the nearest future as different traders have different needs and everybody wants to discover a solution that suits them the most excellent and not a worldwide account.

An individual trading account can be attained by building a smallest amount deposit of $200. The FTrade website maintains that all traders obtain didactic and asset tools, as well as personal account manager that will assist traders create a decision and initiate them to diverse possibilities.

Corporate accounts are very much profitable. Corporate accounts are industrialized for companies who desire to endeavor binary options trading. Traders are provided with VIP supply returns and a variety of other benefits that will be bringing in throughout a session with a personal account executive.

With a view to offering more information, our expert team contacted the customer hold up. Regrettably, outstanding support introduced us to their preparation where all essential information of accounts can be given only by the personal account managers. This method is not extremely user-friendly as it necessitates traders to offer their individual information like phone number first and then spend their point in a conversation that can effortlessly be avoided by bringing out essential data on the website. FTrade also provides bonuses, with required turnover of x40 on the basis of the requirements in the terms and conditions.

FTrader Trading software

FTrade has a website in blue, gray and white colors. It is really eye-catching and user-friendly. It has vast power to provide a good overview. Moreover, it can be steering by means of segment line on the peak of the website. A number of sections might be additionally helpful for traders to assist them studying additional about this broker also.

FTrade broker makes use of the SpotOption trading platform for the betterment of the traders. SpotOption is technically highly developed and has a lot of interesting characteristics that know how to help traders reduce the risk. It also offers immense mistake over trading with diverse types of trading and are able to be measured a genuine game-changer in the binary options trading industry. Furthermore, the FTrade provides quite a lot of types of binary options: pairs, ladders, and high/low, long term, 60 seconds and one touch for the traders. Actually, the traders can make a decision between different stocks (19), indices (20), currencies (12) and commodities (7).

Screenshot

FTrader Banking and Company Information

FTrade broker is owned and registered by Binext Solutions BLR Ltd that is a dauther company of Binext Global Ltd. The business incorporated a variety of payment methods like Maestro, MasterCard, Skrill, Visa, Netteler and bank wire. All types of methods can be used for setting down and withdrawing. In the FTrade re-examine was established out how this broker permits depositing at smallest amount $200 and withdrawing of smallest amount $100 for bank wire while %50 individual the boundary for all other methods.

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With a view to taking out the funds trader have to offer all essential documents provided by the broker. This is measured to be standard practice with binary brokers since it prevents other people from withdrawing traders’ currency. Subsequent to that, the procedure is completed within 7 (seven) working days.

Additional information

Customer Service: Phone Support, Email, Live Chat
Languages: English, Arabic, Turkish and Russian
Trading Options: High / Low, One Touch, Boundary, Short Term
Assets: Currencies, Stocks Indices, Commodities
Expiry Times: 30s, 60s, 2m, 5m, End of Day
Deposits and Withdrawals: Visa, MasterCard, wire transfer
Withdrawal Time: Up to 7 days
Demo account: No

FTrade Review

FTrade

Broker FTrade
US Traders Accepted
Company Name BINEXT SOLUTIONS SRL LTD.
Headquarters Romania
Regulation No
Bonus Type Match bonus
Bonus Size 100%
Max Payout 81%
Out-of-Money Reward 10%
Trading Platform SpotOption
Deposit Options Credit/debit cards, wire transfer
Deposit Currencies Euro, US dollar, British pound
Minimum Deposit $200
Minimum Trade $25
Maximum Trade $2,500
Online Since 2020
Trading Instruments Currencies, commodities, stocks, indices
Number of Trading Instruments 58
Binary Option Types High/Low, Pairs, Long Term, 60 Seconds, One Touch, Ladder, FX/CFD
Customer Support Types Web form, email, live chat, phone, paper mail
Education Offered How-to pages, glossary, FAQ, market reviews
Tools Offered Double up, rollover
Languages English, Russian, Arabian, Turkish
Demo Account No

FTrade is a SpotOption white label broker operated by a company called BINEXT SOLUTIONS SRL LTD, located in Romania. This company in turn is a subsidiary of BINEXT GLOBAL LTD, itself located in the Marshall Islands. FTrade is unregulated and accepts customers from the USA and around the world. US customers are restricted from trading currencies and commodities (which is an CFTC rule). As of right now, this broker appears to be neglecting their site, so I would not recommend trading with them. Still, I would like to give a rundown on their services in case they can pull it together.

Depositing and Withdrawing on FTrade

If you want to open an account on FTrade, you will run into problems right off the bat. As of the time of this review, if you try to fill out the form and register, you get taken straight to a “page not found” notice. So that is no good.

In theory, if you could register, you would be able to get started with a minimum deposit of $200 (account currencies include US Dollar, British Pound, and Euro). You can make your transfer via credit or debit card or wire transfer. On the bright side, there are no fees associated with withdrawing money, only a $50 minimum threshold. No other limitations are discussed anywhere on the site. One nice thing about FTrade is that they bluntly state in their Terms and Conditions that there are no withdrawal fees—they do not leave you to guess. A lot of brokers simply do not say one way or the other what they charge.

Sadly, this company does leave you to guess with reference to account tiers. There are none listed anywhere on the site. If you navigate to the “About” page, there are a number of tabs along the side. Some of the pages they link to discuss accounts as if different tiers are available for individuals and corporations, but there is no sign of them, so they may be under development (or simply neglected). Either way, you do not really know what you are signing up for. You simply have to hope that FTrade provides.

Trading on FTrade

As mentioned earlier, FTrade runs on SpotOption technology, which is the most popular white label software around for binary options. It is incredibly easy to use, and if you have traded on another site before, you will already know your way around. You can trade on FTrade on your desktop or laptop. I was unable to locate an app for iOS systems.

The minimum trade size on FTrade is $25, and the maximum is $2,500. Both the lower and upper ceilings are a bit higher than is typical for the industry, but still very much in line with standards. Fifty-eight different currencies, commodities, stocks, and indices are available to trade. One thing that FTrade does offer is a reasonable amount of diversity when it comes to types of options: High/Low, Pairs, Long Term, 60 Seconds, One Touch, Ladder, and FX/CFD.

Not a Lot of Other Features

Sadly what stands out the most about FTrade (aside from the buggy site design) is the utter dearth of features and resources. For example:

  • There is no demo account for you to use to practice trading before you trade live with real money. This is not a feature which is universally available on binary options site, but it is a very good one, and when it is lacking, I am never impressed.
  • While educational resources are promised in some of the “About” pages, the site does not actually deliver. I was unable to find anything more than these basic informational pages, a glossary, and a Frequently Asked questions page. There was no sign of an eBook, video tutorials, or anything else save for market reviews. Stating that resources are available but providing no resources does not do much to build my confidence in this broker at all.
  • Aside from double up and rollover, I found no other trading tools like early close, social trading, or signals. All of these are very helpful for guiding traders and assisting them with making smart trading decisions. You have next to no control here.
  • There are apparently bonuses for deposits as well as referrals, but the website fails to mention how much they are. A number of affiliates mention a 100% match bonus, so this may be the amount. Still, all this vagueness in the way of promotions is unhelpful and not very promising.
  • The customer service page lists a web form, email address, and phone number, as well as a link to live chat. If you click the link to chat with someone, nothing happens. There isn’t even a window that pops up. So there is no fast and easy way to get a hold of anyone.

This Broker Falls Short All Around

Unfortunately it is hard to find much at all that is positive to say about FTrade right now. The only thing I can cite that is really great is the fact that there are no withdrawal fees and the company spells that out. Perhaps I could also point toward their acceptance of USA traders while still managing to observe CFTC rules. Many overseas brokers simply do not read the fine print in the CFTC rules and understand them at all.

Aside from that, all I can really list is negatives, but I see no reason to run through the list again since I just did it above. Right now, one gets the impression that FTrade was a project left unfinished. FTrade really needs to polish up their website and get everything in working condition, and they need to provide something solid in the way of features, resources and benefits. Until then, they will sink into the morass of half-baked white label brokers that have yet to establish any sort of individual identity or standout services that help them rise above the crowd.

Is-Scam

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SCAMMERS Pray You don’t Join us today!

Is-Scam.com is a stocks and shares trading scam investigation hub. Our team of expert traders deals mainly with various online trading robots to ensure that they are not SCAM. The online investment industry has a huge amount of SCAM systems, as well as brokers. Our goal is to ensure that they are exposed on this site, our mission is to find out if a certain application is legit or not, and that traders are protected.

Scammers make unrealistic promises

There isn’t a system that can place 100% winning trades. This is the simple truth, no matter how hard you want to believe the claims of certain people.

Scammers claim unrealistic accuracy

Even a flawless robot will lose from time to time. It might not be the robot’s fault, but the bad Internet connection you currently have. Nonetheless, you must be prepared that apart from gaining some, you might lose some as well.

Scammers work with scammers

When signing up, you will be connected to a broker, recommended by the system. Even though a system might be good, your experience could be ruined because of the broker.

Trusted Brands

Choosing the Best Crypto Trading Robot – Mission Possible!

The launch of Bitcoin marked a drastic shift in how digital monetary operations are carried out. It redefined not only the entire virtual and regular commerce sphere but also society’s definition of what monetary systems are. Nowadays, there are more than 500 different Altcoins. The term refers to crypto-assets different from Bitcoin, such as Ethereum (ETH), Ripple (XRP), Tether(USDT), and Litecoin (LTC)). And we are not even counting crypto coins that are tightly-connected to giants like Bitcoin, such as Bitcoin Cash (BCH) and Bitcoin SV (BSV).

Cryptocurrency trading has achieved widespread popularity. It appears as if everyone can generate favorable daily results on the Altcoin and cryptocurrency market. We are talking about both experienced crypto traders people with no technical or programming comprehension. All of them are making solid and consistent daily returns.

Experts have concluded that there are two ways to achieve solid gains with cryptocurrency investments. They are:

Buy Coins Now & Wait for Their Price to Rise Over Time: Although being a more secure income-accumulating method, this is not the possibility, preferred by clients. One can sit for months and even longer with nothing but dimes in one’s pocket. Asset prices will go up hard if the Altcoin has recently gotten its ICO. They may not even happen at all. If users opt for this cryptocurrency trading strategy, then, they must have a separate income-generating source. Also, a lot of patience. Still, it can lead to fruitful results.

Investing with a Crypto Trading Robot: This is by far the most profitable way to accumulate good daily returns in the cryptocurrency market. They can choose between two operational modes – an automated and manual one.

How to Pick the Best Legit Crypto Trading Robot?

Genuine and authentic pieces of Bitcoin and Altcoin investment software can be recognized by the possession of several distinct characteristics. Most of them partner only with crypto broker platforms that are licensed. This means that they operate under constant monitoring and with the approval of authorities, such as CySEC. They should also be well-regarded by the digital Bitcoin investment community. The presence of many positive crypto trading testimonials, reviews, and feedback on online forums is a good indication of this.

Below follows a shortlist of the main characteristics that define the best crypto trading robots:

Good Reputation: If cryptocurrency traders are fond of the way that the given Altcoin investment app or software works, then it is most likely a legit one. Professional reviews by expert crypto trading investigators, such as the editorial team of ‘Is-Scam’, should also have a positive tone. Do not opt for crypto robots that are not perceived well. This means that their annual payouts are low and they are incapable of meeting users’ needs.

Partnerships with Regulated Crypto Exchange Platforms: If the crypto trading bot also has established partnerships with legit crypto brokers and exchange platforms, don’t doubt and sign-up!

Lots of Handy Special Features & Easily-Customizable Settings: Most authentic and genuine crypto trading solutions provide customers with two distinct modes of operation. The said are a manual and an automated one. The first one allows experienced clients with expanded investment horizons and knowledge to apply the acquired strategies and techniques. But even newbies need to have a custom-built interface that will let them set up their individual preferences. This is usually done when they are activating the automated crypto trading robot mode. Special features are very important.

Approved Crypto Robots

Our Pick for the Best Crypto Trading Robots:

Check out our top picks for the best crypto trading robot. Our editorial and investigative team has personally checked their features and working modes. The Bitcoin Loophole and the Bitcoin Profit System are tested, tried, and deemed as being legit and providing top-notch quality service!

Scam-Free Forex Trading Robots – They Do Exist!

The same factors that determine whether a crypto trading software is a scam or legit can also indicate a Forex robot’s status. Since they are intended as a took which can take action instead of the end-user, they must have a good underlying algorithm. One that can handle vast qualities of data in a matter of milliseconds. And then issue accurate foreign exchange asset price movement forecasts. Do not overlook the importance of computer codes. They are everything that makes up an authentic and trustworthy digital investment app.

People that have registered for widely-advertised Forex robots with leak algorithm analyst capacities are usually disappointed with their daily results. The FX bot must be connected to asset price fluctuations databases and monitor the news regularly for sudden market disruptions. It should assess the acquired information promptly and then send the proper signals to the end-user. Only then will it be fully capable of achieving good and satisfactory daily profits.

Let us summarize on what features the best Forex robots should have:

Stellar Analyst Features: Ones that performs constant market monitoring and issue accurate asset price movement forecasts.

Technically-Advanced Trading Algorithm: It must be fully functional and ready to notify the Forex trader when the right opportunity to conduct a favorable investment has arisen.

No Additional Downloading Required: This usually only slows down the entire Forex trading process. All updates must be done manually.

Our Pick for the Best Forex Trading Robots:

After careful consideration, the editorial and investigative team at ‘Is-Scam’ has selected its choice for the best Forex robot. Every separate feature of the FX investment bot has been examined in great detail. We have determined that the QProfit System is technically superior to other available ones.

Select the Best Forex & CFD Trading Broker – The Easy Way!

The thing to remember is that most of the legit Forex and CFD trading brokers that provide genuine investment services are regulated. There is a deep inner sense of safety, security, and relaxation that exists in the trader, once he signs-up for the services of an investment platform that is monitored and supervised by CySEC. Or any other local authority. This way clients can relax and focus solely on the strategies they can apply and asset price movements. Special features and tools are also very important.

Let’s revise what we already described in greater detail here:

Legit Forex & CFD trading brokers are predominantly the licensed & regulated ones.

Genuine FX & CFD investment platforms offer a multitude of special features & tools which can be accessed in the different account types.

They also have expanded education centers & training (trading) academies that are freely-available to anyone who signs-up.

Regular Forex & CFD trading bonuses are also a must.

The same is valid for ensuring that users are catered to by professionally-trained customer care service with a kind & cool approach to their problems & concerns.

Best Binary Options Brokers 2020:
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  • Binomo
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