✔️ Information reviewed and updated in April 2024 by Eduardo López

IS IT FTMO RELIABLE? OPINIONS

In this post I will analyze FTMO. Is the forex, indices, raw materials, stocks and cryptocurrencies broker FTMO (with ftmo.com website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.

In this analysis I will clearly tell you my opinion about the FTMO broker, below you can find my complete opinion.


ℹ️ BROKER DATA:

Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.

Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.

InformationAbout the company
(I.e. CompanyFTMO Evaluation Global sro/FTMO Evaluation US sro
???? DirectionCzech Republic
📄 RegistrationNot mentioned
🛡️ RegulapainNot mentioned
️ ️ Phone+44 20 3322 2983
📧 Email[email protected]
🌐 Websiteftmo.com
???? Live ChatYes
Company typeforex, indices, raw materials, stocks and cryptocurrencies broker

📞 LIST OF PHONE NUMBERS:

+44 20 3322 2983


💰 DEPOSITS AND ACCOUNTS:

Here is a small analysis of the types of plans that FTMO offers; The broker does not mention any information about having different types of accounts.


🌐 WEBSITE – WEBSITE:

Below you will see the company's website and a small analysis about the website:

FTMO website
  • Age of the website: the domain “ftmo.com” was registered on November 16, 2001. That is, it is a website that is very, very old.
  • The website mentions which company or companies it belongs to: FTMO Evaluation Global sro/FTMO Evaluation US sro
  • The company does not clearly mention where it is regulated.

⭐ FTMO OPINION:

After having carried out an analysis of the company, I have come to the following conclusions:

1) The company is very clear with its real location: Czech Republic.

2) FTMO does not mention where it is regulated.

3) The company's website, its domain was registered on the following date: November 16, 2001. It leaves me calm that it is old.

4) The company has an excellent reputation on the internet. I have no complaints regarding this.

5) The company's trading platform is actually very good as does the FTMO support. These are data that also leave me satisfied.

“After carrying out an in-depth analysis of FTMO, I think it is a serious company. So far, I have not detected any signs of scam. Likewise, I suggest you exercise caution. Remember that the vast majority of traders lose their money in investments.”


start trading

💬 WHAT TO THINK OF A COMPANY LIKE FTMO?

FTMO is a broker associated with FTMO Evaluation Global sro/FTMO Evaluation US sro, based in the Czech Republic, which initially instills a degree of confidence in its location. However, its lack of regulatory transparency raises questions about its commitment to financial regulations and investor protection. Despite its establishment since November 2001, the omission of regulatory details and the complaint by French regulator AMF of fraudulent activities raise concerns about its operational integrity.

Although numerous complaints have not been found online about FTMO, the complaint filed by France's financial regulator suggests possible irregularities within the company. This situation underlines the importance of due diligence by investors when considering FTMO as their financial intermediary. Although the broker may not represent an imminent threat to investors, it is essential that potential clients carefully evaluate the risks and consider alternative options that offer greater transparency and regulatory certainty in their operations.

In short, while FTMO's long history and seemingly trustworthy location may generate a degree of trust, the lack of clarity over its regulation and reporting of fraudulent activities by the French regulator indicate potential risks. Investors are advised to do their research thoroughly and evaluate all available options before committing to this broker.


📣 LATEST UPDATES:

1) Update October 2022: AMF, France's financial regulator, has reported FTMO due to fraudulent activities.


✔️ CLAIM MONEY FROM FTMO:

If what you are looking for is to withdraw or claim money from FTMO, I will explain step by step what you should do:

  1. Request the withdrawal of your capital through the platform
  2. If you can't, ask your contact person or company adviser for help
  3. Start the withdrawal of your money

Following these simple steps you should be able to withdraw your capital. If you find any difficulty leave me a comment and I will gladly help you.


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is FTMO?

FTMO is a company that provides financing to Forex, indices, commodities, stocks and cryptocurrency traders. Rather than being a traditional broker, FTMO operates under a unique model where talented traders can apply for funding to operate in the financial markets.

Is FTMO reliable?

In my opinion we are talking about a safe and reliable broker. I think this is a serious company.

Is FTMO a scam – is it a scam?

As I told you above in my analysis, the truth is that I think it is a safe company.

How to open an account with FTMO?

In this link you can open an account with FTMO.

How do I close my account with FTMO?

To do this, simply contact the company through its contact section.


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review Rating

10 comments on «IS FTMO RELIABLE? OPINIONS»

  1. Juan Manuel Reply

    Rock faces these guys from FTMO. They stopped responding to my requests and we started with the problems.
    Thank you for helping me recover my capital. I was able to get most of the money back that I sent to these bastards, Thanks and to jail with the rats!

    • reliableforexbroker.com Reply

      Hello Juan Manuel, GREAT!!!, thanks for writing and commenting, we know that some people have doubts but we also know many successful recoveries. If you think about investing again, ask us and we can help you.

      To assess your case and to recover the money talk to chat from our website or click on the following link and fill out the form: Get your money back, we help you

      If you are going to invest, check this first link

      Cheers.

  2. dabae Reply

    they are scammers, thanks for writing the review and letting those affected provide more information... thank you very much!

    • reliableforexbroker.com Reply

      Hello Dabae, this broker called FTMO is a SCAM, many investors have denounced FTMO for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

  3. Ramona Videla Reply

    I was able to recover the money!

    Thank you very much for the recommendation, I couldn't have done it without it.

    Thank you very much!

    • reliableforexbroker.com Reply

      Hello Ramona Videla, what fantastic news! We thank you for telling us about it, we know that sometimes people have doubts but we also know that it is almost always achieved. Our recommendation is that if you intend to invest again, first check the name of the broker on our website or you can also ask us, we will be happy to help you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back

      Before making another investment decision, review this link

      Cheers.

  4. Tommy Reply

    FTMO are scammers, thanks for helping me with the information and testimonials from the blog, in my experience they are scammers, but it can be recovered I can initiate recovery actions from Mexico with My Charge Back, it is not simple but we are already working on it. Greetings

    • reliableforexbroker.com Reply

      Hi Tommy, this broker named FTMO is a SCAM, many investors have denounced FTMO for fraudulent activities, it is not advisable to invest money in an UNREGULATED broker. It's a SCAM and does not return money to its customers.

      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors, flood social networks with positive messages about them and it's all FALSE! and when customers ask them about our reviews they say we are from the competition, also FALSE!.

      If they force you to pay some type of tax, legalization or something similar, do not even think about doing it, that indicates that they are a fraud since those taxes don't existThey ask for it so they can steal more money from you.

      We recommend to all those affected recover the money from the CHAT what we have on the web or in the following link: Get your money back, we are on your side

      Greetings.

  5. Pedro Reply

    They haven't responded to messages for 5 days and I can't withdraw my money, what can I do?

    • reliableforexbroker.com Reply

      Hi Pedro, try to get your money back, this broker called FTMO is a SCAM, many customers have reported FTMO for fraudulent activities, it is not advisable to invest money in a NON-REGULATED broker (or with very low quality regulation) and that DOES NOT RETURN MONEY TO YOUR CUSTOMERS. Many customers have commented that after requesting it repeatedly, THEY HAVE NEVER BEEN ABLE TO GET THEIR MONEY BACK.
      ALL positive comments from this broker are FALSE, they are made by their own workers to confuse investors.
      We recommend all those affected to try recover the money through companies specialized in this type of management from chat what we have on the web or in the following link:
      https://brokersdeforexconfiables.com/recupera-tu-dinero-mychargeback/

      Greetings.

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