FTD

Introduction to FTD Broker

FTD is a Trading Broker that offers access to multiple markets and provides trading efficiencies via the use of tools and services. Although it is operating in a very competitive environment, the company aims to provide as much access as possible to different levels of traders (Young/Old) by offering products that can meet the trader's needs.

The following is a brief historical overview of FTD, key features and product offerings, compliance with Regulation and Licensing, Trading Conditions, Fee Structure and User Experience.

FTD is a relatively new entrant into the Financial Services Industry. There is a lack of publicly available information regarding the establishment of and evolution of FTD; however, it appears the firm has emphasised providing a straightforward and easy to navigate Trading Experience for its potential users.

FTD provides access to an extensive number of Trading Instrument Categories, primarily in the areas of;

Forex

Indices

Commodities

Cryptocurrency

FTD also provides Traders with access to the Market through a variety of methods. For example, Users can access the Market from both Web Based Applications or downloadable Applications. All Users will have access to numerous tools to assist them with performing Technical Analysis, Charting and Order Execution and again, these tools will focus on the User Experience (i.e., ease of use) and maintaining a commitment to using state-of-the-art Technology.

Regulatory Compliance/Licensing - This is one of the most important steps to protect all Users from the potential for Fraud. Although information on FTD's Regulatory Compliance is very limited at this time, Prospective Users should be cautious of using FTD, unless the company can provide assurance of compliance with the appropriate Regulations.

Regulatory Authority License Number vStatus

FSC (British Virgin Islands) SIBA/L/19/1123 Offshore

For the purpose of comparison between brokers, it is important to understand that the limitations of this broker's Regulatory status exist due to its offshore license, versus its counterparts that are based in a Major Jurisdiction and subjected to that Country's Regulatory Compliances.

Trading Conditions/Technology of Trading Platforms - There is no real transparency with regard to Trading Conditions at FTD; however, the following are some General Trading Conditions;

Trade Conditions General Trading Conditions

Spreads Unlisted

Leverage 1:100

Minimum Deposit $30

Trading Platform(s) MetaTrader 5

Based on Industry Standards, it is expected that the Spreads offered through FTD to Retail and Professional Traders will be either Fixed or Variable, along with the ability for all Users to choose the amount of Leverage used to open Trading Positions.

Fees Associated with Trading - The fees charged for Trading with FTD have not been completely disclosed, therefore we suggest that all Traders contact FTD to clarify any questions regarding Fees associated with Trading with the Company.

Fees Associated with Trading with FTD:

Fee Type General Fee Information

Deposit Fees $0

Withdrawal Fees $0

Commission Not Provided

User Experience/Reputation in the Marketplace - At present there are extremely few User Reviews posted Online regarding FTD; therefore, all Users should:

Contact FTD to inquire about Customer Support and Education

Demonstrate/Test the Trading Platform of FTD (if available)

Recent Developments - There have been no notable recent announcements or developments from FTD. The company appears to adhere to a "Low Profile" Business Model.

Conclusion - FTD offers access to a multitude of Financial Markets via numerous Websites; however, there is limited transparency regarding FTD's Regulatory Status and Trading Conditions, as well as the Fees charged and other User Reviews. Therefore, we recommend that all Users select an alternate Broker until further regulatory clarification becomes available.