FTrade is one of the new brokerage companies on the market being founded just in 2014. But it is already among the top innovative companies out there, mainly thanks to its advanced approach to on-line binary trading platform and unique security features that appeal to customers and provide them with easy-to-understand trading and peace of mind.
All of the clients' funds are kept in segregated bank accounts, firm's offices are completely secure with a state-of-the-art IP based security system, as well as SSL encryption, which is used by giants as Amazon and PayPal. So unlike many other brokers, with FTrade you will not have to worry about security of your investments. Accounts are easy to open, deposit and withdrawals are simple and straightforward and take less time than the market average.
Starting our FTrade review, we can say that this company is leading the digital options market in its customer support and detailed elaboration of every issue concerning this highly profitable financial market. Using a market standard SpotOption platform allows traders to easily execute their investment operations and opens up possibilities for success, so that you do not have to grind at your 9 to 5 job no longer. Trading binaries can be an enjoyable profession and with an in-depth explanation of benefits, market updates, advanced banking options, possibility of opening and manging corporate accounts, which is a completely new thing for digital options, but is a well-established practice in other financial markets, you can become a professional trader in no time.
FTrade Minimum Deposit
You can register for free, you need to make a deposit only if you want to start trading. You do not need to worry about commissions as the broker does not charge them when you make a deposit and withdrawal, if you are using credit and debit cards. But do not forget that your bank may charge you a fee for its services. FTrade minimum deposit is $200 and you can invest money using credit cards, wire transfer, Neteller or Scrill.
FTrade withdrawal does not take a lot of time, you have to provide some documents to verify your identity: passport or driver's license, document confirming the place of your residence, and your credit card image, where you can hide 12 numbers and CVV code numbers. If all conditions are met, FTrade withdrawal will take from 3 to 5 working days.
Ftrade.com Review: Account Details
There are several excellent investment choices depending on your trading interest. They range from the small investor, who wants to test the binary trade waters to middle level accounts for investors, as well as professionals that dive right into the executive levels. FTrade binary also has VIP accounts. To see the account choices you should go to the Open Account section on the home page or speak to an account manager to see what option is best for you. Continuing this FTrade review, let's discuss in details all account types:
Mini account opens a list of broker's types of accounts, and it requires FTrade minimum deposit of $ 200. However, it offers a 20% bonus to your deposit and provides a daily review of the market and access to educational materials.
In order to open a Basic account, you will need to make FTrade minimum deposit of $ 500, which will allow you to get a 30% bonus, access to the next level of education and training on the candlestick chart with a specialist of the company.
Standard account has the best price / quality ratio. The starting bonus is up to 40%, with which you will be able to learn advanced trading techniques, get training "1 on 1" on strategies for trading and money management from the leading specialist, and in addition to everything, you will get the personal manager. The price for all of this is $ 1000.
Executive account is available after a deposit of $ 5 000. In addition to the 50% bonus, and all of the above, you will get 3 options strategies for trading and professional analysis for your transactions.
Corporate account has no differences from the Executive one, except the bonus, which reaches up to 75% and the fact that it can be opened only in the name of the company. At the same time, an investment should be $ 10,000.
Corporate account is a unique feature offered by very few brokerage companies and it offers companies and corporations a possibility to diversify their financial portfolio. As BO gained recognition by individual private traders, firms are now having a close look at it to make larger profits and raise the dividends they pay to customers. FTrade offers higher percentage of returns for corporate accounts, dedicated professional account manager and other perks, which come with deposit. No extra fees or commissions to account for. As for me, it seems clear that this possibility may draw corporate accounts from standard fee-based stock market and into the digital options field quite extensively.
Ftrade.com Review - Education
Customer support is what FTrade binary is famous for and without proper learning tools it would certainly be incomplete. In its Learning Center the company explains why BO is an easy method for streamlined trading assets. The pros and cons of trading on a 60 Seconds time-frame as well as long-term. Taking into account the abundance of trading features available on the trading platform, the broker does a good job explaining each one of them. It compares Forex to binaries and explains the simplified procedure of trading without leverage, fees, spreads or any other unpleasant surprises.
Ftrade.com Review: Support
Support is provided to customers in English, Russian, Arabic and Turkish. Customer service can be easily reached via Live Chat, email or over the phone. FTrade clearly states its motto as “We are different. We care”. This is what separates an average broker from the best, namely, perfectly client-oriented assistance. Client happiness is vital, as well as honesty, dignity and respect. Provision of pleasurable trading experience allow for happy customers, which in turn continue their business in the long term.
Finally, the FAQ section on the website is vast and offers answers to the most common questions traders may have concerning deposits and withdrawals, trading times, assets etc. If you are looking for a broker with outstanding customer support you should definitely pay a close look to FTrade binary.
Our FTrade review is coming to an end, which means it's time to tell you about the real FTrade Company ratings on request of FTrade scam. Unlike other young brokers, this provider was able to win their share of the binary trading market, to attract a considerable number of traders, and get very good reviews. If you are not tied by bonus restrictions and you have passed the verification of the individual procedure, withdrawal will not cause you any problems. What about feed backs on this broker or rumors about FTrade scam, we could not find any complaints on this subject, which means to be a good sign.
At this stage, there is no reason to say that there is FTrade scam, even with the absence of a license from CySEC. As always, we encourage you to take responsibility for the choice of broker, scrutinize all the details and conditions of the bonus system.