FT

FT is a forex broker operating under the domain ftmarkets.net. The broker is registered in Vietnam and was established on March 23, 2021. It targets retail traders by offering a range of account types with varying minimum deposit requirements.

As a relatively new entity, FT has limited public presence and independent reviews. The broker's operations are centered on providing online trading services, but specific details about its trading platforms, instruments, and regulatory status are not widely available.

FT was founded in Vietnam in early 2021. According to official records, the broker is registered in Vietnam, though no further details on its corporate structure or physical address are publicly confirmed. The broker's official website, ftmarkets.net, is the primary source of information for potential clients.

The broker's founding date places it among newer entrants in the retail forex space. However, without a track record or regulatory oversight, its operational history remains largely unverified.

FT does not hold any known regulatory licenses from established financial authorities. Our records indicate that no regulators are on file for this broker. This lack of oversight means that traders do not benefit from investor protection schemes or dispute resolution mechanisms commonly provided by regulated entities.

The absence of regulation is a significant factor for traders to consider. Unregulated brokers may operate with fewer safeguards, and clients should be aware of the increased risk when depositing funds.

FT offers three account types: PALTINUM, GOLD, and MEMBER. The PALTINUM account requires a minimum deposit of 2,000 USD, while the GOLD account requires 100 USD, and the MEMBER account requires 50 USD. These tiered accounts are designed to cater to traders with different capital levels.

Maximum leverage for each account type is not provided in the available information. Typically, leverage is a key factor in retail forex trading, and its absence from disclosures may require clarification from the broker directly.

Information on the trading instruments offered by FT is not publicly available. It is unclear whether the broker provides forex pairs, commodities, indices, or other asset classes. Similarly, details about trading platforms (such as MetaTrader 4/5 or proprietary software) are not specified.

Potential clients are advised to contact FT directly or visit their website for comprehensive information on available instruments and platform options. The lack of transparency in these areas may make it difficult for traders to assess suitability.

FT carries an elevated scam risk score of 51 out of 100, according to FXCanary's assessment. This score reflects the broker's lack of regulation and limited independent information. Traders should exercise caution when considering an account with FT.

Depositing funds with an unregulated broker carries inherent risks, including potential difficulty in recovering funds in case of disputes. It is recommended that traders conduct thorough due diligence and consider regulated alternatives where possible.