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/10

FMTC

Malaysia|2-5 years|
Straight Through Processing(STP)|Suspicious Scope of Business|Medium potential risk|

https://fmtc.com.my/

Website

Rating Index

Contact

https://fmtc.com.my/
Office 6, Jamie Business Center 1, Unit F10, 1st Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan F.T. Malaysia

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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WikiFX Risk Alerts
Previous Detection : 2024-07-24
  • The current information shows that this broker does not have a trading software. Please be aware!

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FMTC · WikiFX Survey

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FMTC · Company Summary

FMTC Review Summary
Company Name Financial Markets Trading Company Limited
Registered Country/Region Malaysia
Regulation LFSA (Regulated)
Demo Account Unavailable
Trading Platforms Metatrader 5
Customer Support Contact form

What is FMTC?

FMTC is a financial trading entity operating under the regulatory oversight of the Labuan Financial Services Authority (LFSA). The company is associated with a Straight Through Processing (STP) License and emphasizes adherence to legal standards. FMTC offers the widely acclaimed Metatrader 5 trading platform, known for its advanced features and user-friendly interface. Customer service is handled through a contact form, allowing clients to submit inquiries efficiently.

FMTC's homepage

Pros & Cons

Pros Cons
  • Regulated by LFSA
  • Limited Customer Support Channels (Contact Form Only)
  • Adoption of Metatrader 5 Trading Platform

Pros:

  • Regulated by LFSA: Currently, FMTC is overseen by the Labuan Financial Services Authority (LFSA), which means that it operates under strict legal parameters set by this financial regulatory body, ensuring a secure trading environment for its users.

  • Adoption of Metatrader 5 Trading Platform: This choice ensures that clients have access to a sophisticated platform that facilitates seamless trade execution and provides a robust environment for market analysis.

Cons:

  • Limited Customer Support Channels (Contact Form Only): While the use of a contact form for customer support is mentioned, the absence of alternative channels, such as live chat or phone support, may impact the accessibility and responsiveness of customer service.

Is FMTC Safe or Scam?

  • Regulatory sight: Currently, FMTC is overseen by the Labuan Financial Services Authority (LFSA), operating under a Straight Through Processing(STP) License with license number MB/21/0066. This signifies that the broker is working within the legal parameters set by the corresponding regulatory bodies.

regulated by LFSA
  • User feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security measures: FMTC serves clients in multiple jurisdictions while maintaining the same regulatory standards in each region.

How to Open an Account?

  • Open your web browser and type in the URL for the FMTC homepage.

  • Seek out the “START TRADING NOW” button and click on it.

click on the START TRADING NOW“ button
  • Follow the on-screen instructions to input your email.

  • Set a secure password for your account and enter the code.

  • Read and agree to the Agreement Terms as required.

  • Click on the ''REGISTER'' option to finalize the creation of your account.

fill in required info

Trading Platforms

FMTC provides its clients with the robust and widely acclaimed Metatrader 5 as the designated trading platform. Recognized for its advanced features and user-friendly interface, Metatrader 5 offers a comprehensive trading experience, empowering clients with powerful analytical tools, real-time market data, and an array of customizable options. By adopting Metatrader 5, FMTC ensures that its clients have access to a cutting-edge platform, facilitating seamless execution of trades, in-depth market analysis, and an overall enhanced trading journey.

MT5

Customer Service

FMTC facilitates customer service inquiries through its user-friendly Contact Form. This streamlined approach ensures a convenient and efficient means of communication for users seeking assistance or information. By utilizing the Contact Form, customers can seamlessly submit their queries, feedback, or concerns, allowing FMTC to respond promptly and address their needs effectively.

contact form

Conclusion

In summary, FMTC operates under LFSA regulatory oversight with a STP License, utilizing the Metatrader 5 platform for trading. The account opening process is user-friendly and customer support is facilitated through a contact form. However, drawbacks include the absence of a demo account and limited details on the company's background, and the absence of alternative channels may impact the accessibility and responsiveness of customer service.

Frequently Asked Questions (FAQs)

Q 1: Is FMTC regulated?
A 1: Yes. It is regulated by LFSA.
Q 2: Does FMTC offer demo accounts?
A 2: No.
Q 3: Does FMTC offer the industry leading MT4 & MT5?
A 3: Yes. It offers MT5.
Q 4: Is FMTC a good broker for beginners?
A 4: Yes. It is a good choice for beginners because it is regulated well and offers trading instruments with competitive trading conditions on the leading MT5 platform.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Financial Markets Trading Company Limited

Abbreviation

FMTC

Regulatory Status

Regulated

Platform registered country and region

Malaysia

Company website
Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • Office 6, Jamie Business Center 1, Unit F10, 1st Floor, Paragon Labuan, Jalan Tun Mustapha, 87000 Labuan F.T. Malaysia

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address

--

Company Summary

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