FTG Markets Crypto Trading | Review 2018
ftgmarkets is no longer active !!
do not make a deposit there as you will not see anything back from these funds
this broker had amazing potentials but the management of the company has decided to pull the plug on its activity.
we tried to get more details but none were forth coming .
for alternatives that are worth your time please see the following reviews
FXGlobe Crypto Currency Trading
GKFX Cryptocurrency Trading
Etoro Cryptocurrencies Broker
FXTM Cryptocurrencies Broker
XTB cryptocurrencies broker
Avatrade cryptocurrencies Broker
the Market is slowly changes but at the same time he same companies keep in charge of the retail forex industry.
what we see more and more are brokers that were before only working on a corporate level now also offer their services to the retail Market giving access to professionals formerly not possible
FTG Markets is one such a broker and the Broker we will take a deeper look at.
Throughout the last 8 years FTG Markets was very busy in the world of corporate asset management and managed portfolios of mid to big sized companies.
they have changes their offering a bit for the retail traders as there is now also FTG Markets Crypto Trading besides the regular financial assets everyone offers.
so what cryptocurrencies does FTG Markets Crypto Trading give ?
FTGMarkets offer trading in Bitcoin Ethereum Ripple, Litecoin and Dash
Find here th basic trading conditions.
|BTC/USD||19 ~||$7 per lot||0.01||1:10|
|ETH/USD||21 ~||$7 per lot||0.01||1:10|
|LTC/USD||10 ~||$7 per lot||0.01||1:10|
|DSH/USD||10 ~||$7 per lot||0.01||1:10|
|XRP/USD||10 ~||$7 per lot||0.01||1:10|
Here you will find that Transparency is Key and everything is very clear and available, something that tends to be overlooked by many brokers.
The FTG Markets website
FTG Markets obviously studied the market before jumping into the FX world but surprisingly decided to do things in a different way.
Their site is investment house orientated and feels as if you arrived in a warm and family orientated environment.
It will not show you the pictures of platforms or scream that they offer a 100% bonus as many brokerages do but honestly said, that change gave us a comfortable feeling when looking critically at their site. Of course, you can register, download their platform or use their personalized investment plan.
(Which is rather genius btw considering the fact it will use your details entered such as age and income in order to provide you with a suggested portfolio)
Besides the above, it provides transparency and reveals FTG Markets’ strategy….which is extremely service orientated.
FTG Markets Account options
FTG Markets offer you 4 different account types such as many brokers do. Their spreads are attractive and in case of larger trading volume can be adjusted. All their account types offer top level assistance and additional options. We could not really find anything awkward in here.
FTG Markets offers a variety of investment channels to uniquely correspond to each investor’s needs and abilities.
|Designed for beginners and new investors.||Suited for moderate investors.||Electronic Communication Network.||Net worth development designed for serious investors, groups and corporations.|
|Spreads from 3.3 pips||Spreads from 2.2 pips||Instant execution||Instant execution|
|Leverage 400:1||Leverage 400:1||Spreads from 3.3 pips||Spreads from 0.3 pips|
|All Available Platforms||Personal Fund Manager||Leverage 400:1||Leverage 400:1|
|Access to All Education Tools||Access to All Education Tools||Personal Fund Manager|
|All Available Platforms||Personal Fund Manager||Access to All Education Tools|
|Technical Analysis Reports||Technical Analysis Reports|
|All Available Platforms||All Available Platforms|
|Market Update Emails|
FTG Markets offered the following Assets for trading
besides the FTG Markets Cryptocurrencies they offer a wide range of financial Instruments, and we are sure you will be able to find the pairs you are looking for.
- 56 major and exotic currency Pairs – – commission 7 per lot , leverage 1:200
- 80 stocks – all the main ones worldwide – with a leverage of 1:50 spreads is different for the ECN and Grand Portfolio.
- Not a huge amount of commodities (3) and indices (12) but the main ones are there for leverage trading 1:50
FTG Markets Trading Platform
FTG Markets acquired a Metatrader 4 license and this seems the right choice. As many of you might know, Metatrader 4 is the leading and award winning platform in the industry and offers a nice variety of trad-able assets such as we expected. It allows EA’s and numerous other options.
Additionally, the junior asset brokers are not afraid to help you properly throughout the account opening and platform downloading process. Additionally, they can provide you with a nice tour on the platform.
Honestly spoken, this surprised us as well as based on the many calls we made to brokers to test them, it turned out many of their employees were not capable of fully explaining the possibilities of the MT4 platform.
FTG Markets Depositing and withdrawing funds
Looking at the depositing options, FTG Markets allows account funding to be done by use of the major credit card providers such as VISA and MasterCard. Bank Wire options are also available but the details of their accounts are not to be found on the site itself.
As they didn’t open their doors not too long ago, the major variety of for example APM’s (Alternative Payment Methods) such as Neteller or others is still not available but we were advised this is in development. As so, a larger variety of depositing options should be available on short term.
FTG Markets Service and overall conclusion.
There are brokers that simply make it easy to trust them and work with them , some do this through their sales pitch and promotions , other do it through the display of professionalism. i prefer the latter and as such this broker is refreshing. they know what they are doing , take you serious and see you as a client for the long term thus investing the time and effort to get you along the right track.
i opened there a smaller account but the moment i will be able to will increase my efforts there as i consider this to be a solid , trustworthy and good brokerage for trading cryptocurrencies and Forex