Item: FTM Brokers
Rating: 6.77

FTM Brokers

Belarus | 5-10 years |

Regulated in Belarus | Retail Forex License | MT4 Full License | Global Business

https://www.ftm.by/en/

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Company Summary

FTM BrokersReview Summary
Founded	2016
Registered Country/Region	Belarus
Regulation	NBRB
Market Instruments	Forex, Stock indices, Oil, Precious Metals, and securities
Demo Account	✅
Leverage	Up to 1:200
Spread	From 0.9 pips (FTM.STANDARD account)
Trading Platform	MT4
Minimum Deposit	/
Bonus	✅
Customer Support	Phone: +375 (29) 608-06-86/+375 (29) 808-06-86
	E-mail: info@ftm.by
	Address: 5 Pobediteley avenue (BC Aleksandrovsky), room 214, 2nd floor, 220004, Minsk, Republic of Belarus
Regional Restrictions	China, Hong Kong, United States, Iraq, Japan, the United Kingdom, North Korea

FTM Brokers Information

FTM Brokers is a brokerage firm regulated by the National Bank of Belarus (license number 192620616). Formerly known as Forexline, it was established in 2016. The firm offers over 60 non-deliverable instruments, including foreign exchange, precious metals, oil, stock indices, and securities. It provides a maximum margin leverage of 200 times, with spreads as low as 0 points, and supports the MT4 platform.

Pros and Cons

Pros	Cons
Regulated by NBRB	No 24/7 customer support
Multiple account types	Restricted service areas
MT4 available
Various trading instruments
Bonus offered

Is FTM Brokers Legit?

The National Bank of the Republic of Belarus (NBRB) regulates FTM Brokers, and its license number is 192620616.

Regulated Authority	Current Status	Licensed Entity	Regulated Country	License Type	License No.
National Bank of the Republic of Belarus (NBRB)	Regulated	FTM Brokers Limited Liability Company	Belarus	Retail Forex License	192620616

What Can I Trade on FTM Brokers?

FTM Brokers offers forex, precious metals, oil, stock indices, and securities.

Tradable Instruments	Supported
Forex	✔
Stock indices	✔
Oil	✔
Precious Metals	✔
securities	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌
Mutual Funds	❌

Account Type & Fees

Both FTM.COMFORT and FTM.STANDARD charges a 0.04% commission on Securities. For FTM.PRO, the commission starts from 0.006%, with more details to follow.

	FTM.COMFORT	FTM.STANDARD	FTM.PRO
Account Opening	0
Account Management	0
Spread	From 2 pips	From 0.9 pips	From 0 pips
Commission	0.04% on securities		From 0.006%

Leverage

The platform offers a maximum leverage of 1:200, applicable to all account types. Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Windows, macOS, Android, iOS	Beginners
MT5	❌	/	Experienced traders

Deposit and Withdrawal

Depost Methods	Accepted Currencies	Deposit Fees	Deposit Time
Cash in the branches of ASB Belarusbank	USD	0	ASB Belarusbank OJSC from 1 to 3 banking days
Bank card	BYN, USD, EUR, RUB	0	Instantly
Bank payment	USD	the Commission of the sending Bank and the Commission of the correspondent Bank (if any). Check with your Bank	1-3 banking days
Electronic payment system erip	BYN, USD, EUR, RUB	0	Instantly
Payment from a mobile phone (for Belarusian SIM card holders)	BYN	Commission on the payment system side	Instantly

Withdrawal Methods	Accepted Currencies	Withdrawal Fees	Withdrawal Time
Belarusian banks	USD	Commission serving bank – 0.1% (min 1.5 USD and max 6 USD) + Commission bank – by the rates of the receiving bank	2-5 days
Non-resident banks	BYN, USD, EUR, RUB	Commission of the servicing bank – depends on the amount (min. 250 USD) + Commission bank – by the rates of the receiving bank + Commission correspondent bank (if provided) – following the Correspondent Bank tariffs	2 working days
Bank payment	USD	the Commission of the sending Bank and the Commission of the correspondent Bank (if any). Check with your Bank	1-3 banking days
Payment card	BYN, USD, EUR, RUB	Commission on the payment system side (up to 3%)	2 working days

Bonus

FTM Brokers company gives presents to new and existing customers and launches a promotion, within which you can get a $50 spread refund for every $1,000 of margin deposit in case all promotion conditions are met.