Global FT Markets is an online broker that provides financial investment services to traders all over the world, since its establishment. It gives traders direct access to excellent and transparent trading instruments such as Currency Pairs, CFDs, Stocks, Indices, and Commodities in the financial markets.
It is a global broker that offers a variety of trading products, including forex, CFDs, and stocks. The company is regulated by the Financial Conduct Authority (FCA) in the UK and is a member of the Investor Compensation Scheme (ICS).
Global FT Markets has a good reputation among traders, and it is known for its competitive spreads and low commissions. The company also offers a variety of educational resources and support services to help traders learn and succeed.
Global FT Markets – Table of Content
Regulation of Global FT Markets
Global FT Markets is registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines as a Category A financial services provider. However, it is not regulated by any major financial regulator, such as the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Commission (SEC) in the US.
This means that Global FT Markets is not subject to the same level of scrutiny as brokers that are regulated by major financial regulators. As a result, there is a greater risk of fraud or other misconduct at Global FT Markets.
Here are some of the risks associated with trading with an unregulated broker:
- Lack of protection for your funds: Unregulated brokers are not subject to the same capital requirements as regulated brokers. This means that they may not have the financial resources to protect your funds in the event of insolvency.
- Increased risk of fraud: Unregulated brokers may be more likely to engage in fraudulent activities, such as manipulating prices or stealing customer funds.
- Limited customer support: Unregulated brokers may not have the resources to provide adequate customer support. This can make it difficult to resolve problems if you have any issues with your account.
Global FT Markets Security Measures
In addition to being regulated by the FCA, Global FT Markets takes a number of steps to safeguard its customers’ funds and personal information:
- Firewalls and encryption: Global FT Markets uses firewalls and encryption to protect its customers’ data from unauthorized access.
- Dedicated security team: Global FT Markets has a dedicated security team that monitors its systems for suspicious activity and takes steps to prevent and mitigate cyberattacks.
- Regular security audits: Global FT Markets undergoes regular security audits by independent security firms to ensure that its systems are up to date and secure.
Trading Platforms
Global FT Markets offers a variety of trading platforms to its customers, including:
- MetaTrader 4 (MT4): MT4 is a popular trading platform that is used by millions of traders worldwide. It is known for its user-friendly interface and its wide range of features, including technical indicators, automated trading systems (ATS), and charting tools.
- WebTrader: WebTrader is a web-based trading platform that allows traders to access their accounts and trade from any computer with an internet connection. It is a good option for traders who do not want to download or install software.
- Mobile App: Global FT Markets also offers a mobile app for iOS and Android devices. The app allows traders to monitor their accounts, place orders, and access market data from their smartphones or tablets.
In addition to these three main platforms, Global FT Markets also offers a variety of other trading platforms, such as the cTrader platform and the Sirix platform. These platforms are less popular than MT4, but they offer some unique features that may appeal to certain traders.
Here is a table that summarizes the key features of each of Global FT Markets’ trading platforms:
| Platform | Features |
|---|---|
| MetaTrader 4 (MT4) | User-friendly interface, wide range of features, technical indicators, automated trading systems (ATS), charting tools |
| WebTrader | Access accounts and trade from any computer with an internet connection |
| Mobile App | Monitor accounts, place orders, and access market data from smartphones or tablets |
| cTrader | High-performance platform for scalping and day trading |
| Sirix | Platform for advanced traders with advanced charting and trading tools |
MT4 Features:
- Encryption of data exchange between the client terminal and the platform servers
- Possibility to create, buy, and use expert advisors (EA) and scripts
- Technical analysis tools: 50 indicators and charting tools
- One-click trading and embedded news
- 4 types of pending orders
- Hedging positions
- VPS service supports
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Trading Tools
Global FT Markets provides a wide range of trading tools to help traders analyze market data, make informed decisions, and execute trades effectively. These tools include:
Technical Analysis Indicators: broker offers a comprehensive set of technical analysis indicators, including moving averages, Bollinger Bands, Relative Strength Index (RSI), Stochastic Oscillator, and Fibonacci retracement levels. These indicators can be used to identify trends, measure momentum, and assess overbought/oversold conditions.
Economic Calendar: Global FT Markets provides an economic calendar that lists upcoming economic events and their potential impact on the markets. This tool can be used to anticipate market movements and adjust trading strategies accordingly.
News Feed: broker provides a real-time news feed that delivers breaking news and market-moving events. This tool can help traders stay informed about the latest developments and make informed trading decisions.
Charting Tools: broker offers a variety of charting tools, including various chart types, drawing tools, and technical analysis indicators. These tools can be used to visualize market data, identify trading opportunities, and develop trading strategies.
Trade Execution Tools: broker provides a variety of trade execution tools, including market orders, limit orders, stop-loss orders, and take-profit orders. These tools can be used to enter and exit trades at specific prices and manage risk.
Backtesting Tools: Global FT Markets provides backtesting tools that allow traders to test trading strategies on historical market data. This tool can help traders evaluate the effectiveness of their strategies and identify potential improvements.
Education
The broker provides a variety of educational resources to help traders learn about the markets and develop their trading skills. These resources include:
Trading Webinars: broker regularly hosts live trading webinars led by experienced traders and market analysts. These webinars cover a wide range of topics, from fundamental analysis to technical analysis to trading strategies.
Trading Articles and Tutorials: broker’s website offers a wealth of educational articles and tutorials on trading topics. These resources cover everything from the basics of forex trading to advanced trading techniques.
Trading Simulator: broker provides a free trading simulator that allows traders to practice trading without risking real money. This simulator is a great way to learn about the markets and develop your trading skills without the pressure of live trading.
One-on-One Coaching: broker also offers one-on-one coaching services for traders of all levels of experience. These coaches can provide personalized guidance and support to help traders achieve their trading goals.
Accounts
Global FT Markets offers five different account types to cater to the needs of traders of all levels of experience and trading styles. Each account type offers a different set of features and benefits, so traders can choose the one that best suits their needs.
- Standard
- Pro
- Raw
- Cent
- Insurance
Global FT Markets Costs
Global FT Markets offers a maximum leverage of 1:500, floating spreads from 0.1 pip, and minimum deposit of $500. Deposits can be made through bank transfers, visa, skrill, local bank transfer, webmoney, fasapay, and neteller.
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Global FT Markets Customer Support
Global FT Markets offers multilingual customer support 24/7 through live chat, telephone, and email.
Regulations
Global FT Markets is an unregulated broker.
Advantages
Competitive pricing: Global FT Markets offers competitive spreads and low commissions on a variety of trading instruments. This can help traders to reduce their trading costs and improve their profitability.
Wide range of trading instruments: the broker offers a wide range of trading instruments, including forex, CFDs, stocks, indices, and commodities. This gives traders a variety of options to suit their trading styles and preferences.
Multiple account types: multiple account types to cater to the needs of traders of all levels of experience and trading styles. This allows traders to choose the account that best suits their needs and risk tolerance.
24/7 customer support: Global FT Markets offers 24/7 customer support to assist traders with any questions or problems they may have. This can be helpful for traders who trade in different time zones or who have questions outside of regular business hours.
Educational resources: broker offers a variety of educational resources, including trading webinars, articles, and tutorials. This can help traders learn about the markets and develop their trading skills.
Free trading simulator: broker offers a free trading simulator that allows traders to practice trading without risking real money. This can be a valuable tool for traders who are new to trading or who want to develop their skills.
Disadvantages
Not regulated by a major financial regulator: Global FT Markets is not regulated by a major financial regulator, such as the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Commission (SEC) in the US. This can raise concerns about the safety of your funds and the broker’s commitment to ethical conduct.
Trading conditions: broker’s trading conditions are not as favorable as some other brokers. For example, the spreads on some currency pairs are wider than those of other brokers.
Limited customer feedback: broker has a limited amount of customer feedback available online. This can make it difficult to assess the quality of the broker’s services and support.
Global FT Markets – Conclusion
Global FT Markets is a reliable international broker that provides trading instruments such as Currency Pairs, CFDs, Stocks, Commodities, and Indices. Global FT Markets provides various account types with floating spreads from 0.1 pip, leverage up to 1:500 and minimum deposit of $500. Traders can trade on the MetaTrader 4 trading platform at anytime, anywhere. Global FT Markets also provides fast and easy deposits, segregated client accounts and multilingual customer support. However, Global FT Markets is an unregulated broker.
