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FMTrader Review

FMTrader
Our score: 8.0 User satisfaction: 100%
Logo of FMTrader

Trading Platform FMTrader

FMTrader providers users with the award-winning SpotOption as its trading platform. SpotOption is highly accessible, allowing traders to do trade and engage through the web. No software download and installation is needed. Many traders use prefer SpotOption as it is widely used in the industry due to its simplicity, reliability, and ease of use.

SpotOption boasts of a feature called the Pro Trader Mode, which allows access to additional functions such as “Close Now”, “Double Up” and “Roll Over”. When implemented well, these tools are helpful in risk management in a very unpredictable trading environment. On top of that FMTrader also has iFollow, which is intended as their copytrade service. With iFollow, traders can follow expert traders who have high success rates. FMTrader also has the the ZuluTrade social platform usually reserved for forex traders.

Pros

  • High Returns
  • Proactive Broker
  • Responsive Customer Support
  • Multi Language Support
  • User Friendly Platform
  • 10% Rebates For Unsuccessful Trades

Cons

  • Asset Index needs to be further expanded
  • No demo account
  • Some of the features on the website do not work

Platform type: SpotOption

Platform Languages: English, Russian, Japanese, Turkish, Arabic

OS Compatibility: Mac OS, iOS, Windows

Streaming News Feed: Yes

Email Alerts: Yes

Mobile Alerts: No

Company information FMTrader

Located in: United Kingdom

Website: https://fmtrader.com/

Founded in: 2013

Accepts US Clients: No

Phone number: +448001700149

Email: support@fmtrader.com

Account Options FMTrader

Commission:

Minimum Deposit: $250

Payouts Percentage: 70%-90%

Deposit Options: Credit Card

Withdrawal Options: Credit Card, Bank Wire Transfer

Payout Ratios: 85%

Available Assets FMTrader

Oil, Gold, Indices, Stocks, Commodities

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

Customer Support Languages: English, Russian, Turkish

Customer Service Hours: FMTrader provides 24-hour customer support.

Place Trades Over the Phone?: No

FMTrader Trade types

FMTrader offers the following trading types:

  • 60 Seconds Options
  • Classic Binaries
  • One Touch Options
  • Option Builder
  • Pair Trading
  • FX/CFD

FMTrader Trade accounts

Traders with FMTrader can choose from 5 different types of trading accounts which come with various benefits. They are each defined by a minimum deposit.

  • Bronze Trading Account
  • Silver Trading Account
  • Gold Trading Account
  • Platinum Trading Account
  • Islamic Trading Account

FMTrader Position In Our Categories

Position of FMTrader in our main categories:

TOP 20

FMTrader is one of the top 20 Binary Options Brokers products

If you are interested in FMTrader it might also be sensible to check out other subcategories of Binary Options Brokers listed in our database of SaaS software reviews.

It's important to realize that hardly any service in the Binary Options Brokers category is going to be a perfect solution able to fulfill all the needs of various investors. It may be a good idea to read a few FMTrader reviews first as some solutions may actually dominate exclusively in a specific geography or situation or be prepared with a really specific customer in mind. Others might function with an intention of being simple and intuitive and therefore lack complicated features desired by more experienced users. There are also services that focus on a large group of users and provide a powerful feature base, however this usually comes at a more significant cost of such a solution. Make sure you're aware of your needs so that you purchase a service that provides all the functionalities you look for.

User Satisfaction

Positive Social Media Mentions 2
Negative Social Media Mentions 0

We realize that when you make a decision to buy Binary Options Brokers it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and FMTrader reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with FMTrader. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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What Bonus Does FMTrader Offer?

No Deposit Bonus:
No

Bonus for First Deposit:
No

Is the Bonus Based on
the Volume of the Transaction?:

No

Other Bonuses:
No

Start with a small investment of 250$ - and enjoy a 100% welcome bonus!

Reliability of FMTrader

FMTrader is currently being monitored by the Belize International Services Commission, a new regulating body. As it is a new organization, it is difficult to gauge the reliability of the platform until FMTrader is adopts tighter regulatory oversight.

Note

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Reviewed By Jenny Chang
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