What Is FTD?
FTD Is A Financial Services Company That Offers Trading Instruments Across Multiple Asset Classes. Founded In 2017, FTD Provides MT5 And End-to-end Financial Services To Meet The Specific Needs Of Investors. But FSC's License Is Offshore Regulated.
Pros And Cons
Pros
• Application Programming Interface Trading Support
• Demo Account Available
• MT5 Support
• FSC Offshore Regulation
Pros
• Limited Information On Deposits
• Limited Educational Resources
• No Live Chat Support
Is FTD Safe?
FTD Is Regulated By The Financial Services Commission (FSC), The Independent Regulator Responsible For Approving, Regulating And Supervising All Financial Services Within And Outside The Virgin Islands. However, The License Number Of The FSC Is: SIBA/L/19/1123 And Falls Under Offshore Regulation.
Market Tools
FTD Provides Access To Automated Trading In Forex (foreign Exchanges) And Contracts For Difference (CFDs). These Tools Provide Opportunities To Trade In Different Markets And Asset Types.
Forex (Forex Trading): FTD Provides Access To The Global Forex Market, Allowing Traders To Buy, Sell And Speculate On Currency Pairs. Forex Trading Involves The Exchange Of One Currency For Another At An Agreed Price.
Contracts For Difference (CFDs): With CFDs, Traders Can Speculate On Price Fluctuations Of Various Financial Instruments Including Stocks, Indices, Commodities (such As Gold Or Oil) And Cryptocurrencies. Traders Enter Into Contracts With FTDs Based On Price Differences Of Underlying Assets Without Having To Own Actual Assets.
Application Programming Interface Trading: The FIX Application Programming Interface Represents A Set Of Rules And Formats That Enable The Instantaneous Transmission Of Data On Trading Activity Between Different Systems Or Entities.
Accounts
FTD Offers Customized Account Options Suitable For Individual, Professional And Institutional Investors. The Specific Minimum Deposit Requirements For Each Account Type Are Not Publicly Disclosed. However, FTD Claims That Investors From Different Backgrounds And Different Investment Sizes Can Find Suitable Account Options. It Is Recommended To Consult FTD Directly Or Refer To Its Official Documents For Detailed And Accurate Information Regarding The Minimum Deposit Requirements For Each Account Type.
Furthermore, It Offers Demo Accounts To Its Clients. A Demo Account Is A Demo Trading Account That Allows Clients To Practice Trading Without Using Real Money.
Leverage
FTD Offers Its Clients Leverage Options For Forex Trading And CFD Trading. Leverage Is A Tool That Allows Investors To Amplify Their Trading Positions By Allowing Them To Trade Using Borrowed Funds, Potentially Resulting In Higher Returns.
Forex Trading: FTD Offers Leverage Of Up To 1:100 For Forex Trading. This Means That For Every Dollar (or Currency Unit) A Trader Has In Their Account, They Can Potentially Control Up To $100 (or Units) In The Forex Market. Leverage In Forex Trading Allows Traders To Trade On A Larger Scale With Less Capital.
CFD Trading: For CFD Trading, FTD Offers Leverage Of Up To 1:50. With This Leverage, Traders Can Potentially Control Up To 50 Times Their Initial Investment Amount.
Spreads And Commissions
FTD Offers A Variety Of Tradable Instruments With Varying Spreads. Each Instrument Has Its Own Spread, Which Refers To The Difference Between The Bid And Ask Prices For A Particular Asset. Traders Can Visit The Official FTD Website To Obtain Detailed Information About A Particular Trading Instrument And Its Corresponding Spread.
For Example, Brent Crude Oil In Oil Contracts Typically Offers About 2 Spreads. The Spread Of A Currency Pair USD/CHF Is Usually Around 5 Spreads, While The Spread For EUR/CHF Is Usually Around 4 Spreads.
By Visiting The FTD Website, Traders Can Obtain Accurate And Up-to-date Information About The Different Instruments Offered, Allowing Them To Make Informed Trading Decisions Based On Spreads And Other Relevant Market Conditions.
Additionally, FTD Does Not Charge Trading Commissions. Traders Are Advised To Contact The Company Directly For Specific Commissions Charged By FTD.
Trading Platform
FTD Offers Its Clients The MT5 Trading Platform. MT5 Is A Powerful And User-friendly Trading Platform That Offers Advanced Features And Tools To Traders At All Levels. It Offers Comprehensive Features Including Real-time Market Analysis, Multiple Charting Options, Customizable Indicators, And Multiple Order Types. MT5 Supports Automated Trading Through Expert Advisors (EAs) And Provides A Built-in Strategy Tester For Optimizing And Backtesting Trading Strategies. In Addition, MT5 Provides Access To The Extensive MQL5 Community, Where Traders Can Access A Wide Range Of Indicators, EAs, And Trading Signals.
FTD's MT5 Platform Provides A Convenient Trading Experience For Different Asset Classes, Including Forex, CFDs, And Commodities. It Provides A User-friendly Interface And Intuitive Navigation, Enabling Traders To Place Orders And Manage Trades Efficiently. In Addition, MT5 Is Available On Multiple Devices Including Desktop Computers, Web Browsers And Mobile Devices (iOS And Android), Enabling Traders To Access Their Accounts And Trade Anytime, Anywhere.
Client Server
FTD Provides Online Chat Services. Through Online Chat, Customers Can Quickly Get Answers To Their Questions And Get Help With Any Questions. It Is A Convenient And Effective Communication Channel That Can Improve Customer Satisfaction And Increase Sales.
Customers Can Visit Their Offices Or Contact The Client Server Department Using The Information Provided Below:
Tel: + 44 (0) 207 060 0383; + 971 4583 0383
Email: Info@ftdsystem.com
Address: Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands
R & F Yinkai Room 609, Huaxia Road No. 16, Zhujiang New Town, Tianhe Guangzhou, 510623, China
14 - 45, Central Park Towers, DIFC, Dubai, UAE
CONCLUSION
In Summary, FTD Is A Financial Services Company That Provides A Range Of Trading Tools To Traders Across A Wide Range Of Asset Classes. FTD Offers Individual Investors, Professional Investors And Institutional Investors Tailored Account Options To Meet Their Specific Needs. It Offers A Diverse Range Of Trading Tools Such As Forex And CFDs For Automated Trading. However, It Is Important To Note That The License Of The FSC Is Offshore Status. Therefore, Traders Should Verify The Regulatory Status Of The FTD Or Any Broker They Choose To Partner With To Ensure Compliance With Industry Standards And Regulatory Requirements.
Frequently Asked Questions (FAQ)
- Is The FTD Legal?
Yes. It Is Regulated Offshore By The FSC.
- How Can I Contact FTD's Customer Support Team?
You Can Info@ftdsystem.com By Phone + 44 (0) 207 060 0383, + 971 4583 0383 And Email.
- Does FTD Offer Demo Trading Accounts?
Yes, FTD Offers Demo Trading Accounts.
- Does FTD Offer MT4 And MT5 In Leading Industries?
Yes. It Offers MT5.
- Is FTD Suitable For Beginners?
Not Suitable. It Is Not Good For Beginners Due To Its Offshore Status.
