Any trader that needs to go through a refurbishment process may be a cause for concern, especially when the broker previously had a bad track record. FMTrader has benefitted tremendously from the refurbishment, and all the negative things that were attributed to the older management have been made null and void by the new management. The site now is well managed, your finds are safe and the level of complaints have dropped to almost zero.
FMTrader welcomes traders from all over the world, with the only country that is unable to trade being the United States. The site is available in various languages including English, Russian, French, Italian, Turkish and Arabic. To date, statistics reveal that most of the people who trade on FMTrader are from English speaking countries. It is regulated by the Belize IFSC, which is a guarantee that any investment you make on this site will be safe.
FMTrader Trading Platform
To begin using this sight, you need to create an account by making a minimum deposit of $250. Once you have done this, you will be able to gain access to the Demo account, where you can practice and familiarise yourself with the platform before you start trading some real money. With the demo account, you can figure out which strategies work best for you and maximise the time that you have when trading.
When you have taken up trading, you will have the chance to benefit from a range of bonus and reward programs. These are often customised to each customer, so the best way to find out what is available is to have a conversation with your account manager.
The pay outs that are available are quite generous, and for some options extend up to 82%. The minimum amount that you can trade is $25, whereas the maximum amount you are able to trade is $10,000.
Welcome to FMTrader
Assets and Options
There is an extensive list of assets available on this site, and they currently number more than 180. They include forex pairs, commodities, indices and stocks. These assets span the global market, making trading more interesting and fun when on this site.
There are also several tradable options available on FMTrader. These enable a trader to choose a quick return with a short term options (such as the 60 second option) or select something that will take a few months. Pairs trading is also possible and popular, and extends beyond currency pairs. It is also possible to trade pairs of stocks as well as commodities.
Since the platform that is in use for this broker is so new, it is possible to enjoy ladder options, as well as the state of the art iFollow feature.
Where many traders have a charge for withdrawing returns, FMTrader allows withdrawals for free. In addition to this amazing benefit, the processing time is also limited to a maximum of three days. There are different methods available to make a withdrawal, including Skrill, debit and credit cards and wire transfers.