FTM Brokers Review — Overview
FTM Brokers is a forex & CFD broker based in Belarus, established in 2016. On Trust Broker Hub it holds a Trust Score of 6.2 out of 10, which we rate as Fair — above the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
FTM Brokers's licence comes from an offshore jurisdiction (NBRB). Offshore regulation is far lighter than tier-1 oversight from bodies like the FCA (UK) or ASIC (Australia): there is usually no compensation scheme, and recovering funds can be difficult if the broker runs into trouble. Treat it with extra caution and verify the licence on the regulator's own register.
FTM Brokers provides access to Forex, Stock indices, Oil, Precious Metals. Published conditions include leverage up to 1:200. No complaints are currently on record. Overall, FTM Brokers has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?Trust Score history
FTM Brokers currently scores 6.2/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Holds a NBRB licence
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Offshore-only regulation with weaker investor protection
- Always verify the licence directly before depositing
Regulation
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, Stock indices, Oil, Precious Metals, and securities |
| Minimum deposit | Not disclosed |
| Maximum leverage | 1:200 |
| Typical spread | From 0.9 pips (FTM.STANDARD account) |
| Platforms | MT4 |
| Demo account | ✅ |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on FTM Brokers
A mixed risk profile
FTM Brokers is regulated in an offshore jurisdiction (NBRB), which offers lighter oversight than tier-1 regimes. Based in Belarus, it has been operating for about 10 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.2/10 — a mixed profile.
- Long 10-year operating track record
- No complaints on record with us
- Supports MT4 trading
- Regulated only in an offshore jurisdiction — weaker investor protection
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
FTM Brokers — Questions & Answers
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