TradeFTM is a prominent name for its constant bad nature in the world of online trading, offering a wide range of financial products and services to traders. In this article, we will delve into the important aspects of TradeFTM, including its licensing status, trustworthiness, and the experiences of traders who have used their services.
Is TradeFTM A Licensed Broker?
TradeFTM claims to be regulated by reputable regulatory organizations. When we Googled their name, we found they are based in the UK. So, they should be regulated by the FCA. However, when we searched on the FCA website, we found no results.
Why Should Not You Trust An Unlicensed Broker?
Trading with an unlicensed broker poses significant risks. Unregulated brokers often operate outside the framework of established regulations, leaving traders vulnerable to fraudulent activities and unfair practices. They may lack the necessary oversight and safeguards, potentially leading to financial losses and a lack of recourse for affected traders.
Can TradeFTM Be Trusted?
No, TradeFTM cannot be trusted. They don’t have any licenses or regulations. Though they are based in the UK, they don’t have any regulation from the FCA, which cannot be accepted.
What Do Traders Think About TradeFTM?
To gain a better understanding of TradeFTM’s reputation, it is crucial to consider the experiences of traders who have used their services. Here are some Google reviews about this broker:
These are just 2 of many negative reviews. No positive reviews were found for this broker. Most of the complaints are about their poor customer service, no withdrawal options, and sales managers pushing people to invest more money instead of getting a profit.
Scammed By TradeFTM? – Talk To Our Experts:
In unfortunate cases where traders have had negative experiences or suspect fraudulent activities by TradeFTM, seeking professional assistance becomes crucial. Contact us today to get a free consultation and service recommendation to help you in recovering the lost fund.