FTG

FTG (fairtg.com) is a forex and CFD broker registered in Seychelles, established on 18 September 2018. Its registered address is located at Eden Plaza, Eden Island, Victoria, Mahé, Seychelles. The broker targets retail traders seeking leveraged trading in currency pairs and other financial instruments.

As a Seychelles-based entity, FTG operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA). The FSA grants a Derivatives Trading License (EP), though the current licence status is not publicly confirmed. This regulatory framework places FTG in a jurisdiction known for relatively lighter oversight compared to major financial hubs.

FTG holds a Derivatives Trading License (EP) from the Seychelles FSA. The licence category permits the broker to offer leveraged derivatives trading to clients. However, the status of this licence is listed as '—' in our records, indicating that its active standing could not be independently verified at the time of compilation.

Traders should note that Seychelles regulation does not offer the same level of investor protection as, for example, FCA or CySEC oversight. There is no mandatory compensation scheme or strict capital adequacy requirements. This absence of robust regulatory safeguards is a key consideration for any potential client.

FTG offers two main account tiers: VIP and STANDARD. The VIP account requires a minimum deposit of 5,000 USD and provides a maximum leverage of up to 1:200. The STANDARD account has a lower entry barrier with a minimum deposit of 100 USD and offers higher leverage of up to 1:400.

These conditions suggest that FTG caters to both retail traders with limited capital (STANDARD) and higher-net-worth individuals (VIP). The leverage options are aggressive, particularly the 1:400 ratio on the STANDARD account, which can amplify both gains and losses significantly. Such high leverage is typical of offshore brokers with minimal regulatory constraints.

Our records do not specify the full range of instruments available at FTG. However, as a forex and CFD broker, it is reasonable to expect access to major, minor, and exotic currency pairs, as well as CFDs on indices, commodities, and possibly cryptocurrencies. The broker's website likely provides a complete list.

Information on trading platforms offered is also absent from our known facts. Typically, brokers in this segment provide MetaTrader 4 or 5, or a proprietary platform. Without confirmed data, traders should verify platform availability directly with the broker before committing funds.

Details regarding funding methods, processing times, and fees are not available in our known facts. FTG may support bank transfers, credit/debit cards, and e-wallets, but this cannot be confirmed. Similarly, client support channels (live chat, email, phone) are not documented.

Traders considering FTG should exercise caution and request this information from the broker before opening an account. The lack of transparent public information about these operational aspects is a potential red flag.

FTG maintains a presence on Facebook, LinkedIn, and Twitter/X. These platforms may provide updates on promotions, market analysis, or company news. However, the actual engagement and activity levels have not been assessed.

While social media can be a resource for traders, it should not replace direct verification of a broker's credentials. Scams often use active social media profiles to appear legitimate, so independent due diligence remains essential.

With an FXCanary Scam Risk Score of 50/100 (Elevated), FTG carries a higher-than-average risk profile. The primary concerns are the unverified FSA licence status, the offshore jurisdiction, and the lack of independent user reviews or substantial web presence.

Traders should be aware that high leverage and low regulatory oversight can lead to significant financial losses. We strongly recommend conducting thorough research, verifying all claims directly with the broker, and only trading with capital you can afford to lose. The absence of independent testimonials means there is no public track record to evaluate the broker's reliability.