Fmtrader binary options

Clearing and Billing Services are provided by Terapad Services Limited, 6 Ioanni Stylianou, Nicosia, Cyprus. Trust me; we have been very careful with this one in the past. The old management really did some nasty stuff, and we have warned our readers against using this broker. However, the new management seems to be moving forward and in the right direction. After monitoring many different forums and websites we have found very few complaints that are truly worrying.

FMTrader is in Final process of regulation, so when they meet the requirements, I hope we could make this broker fully approved. FM Marketing LTD, the owning company of FMTrader is on the list of Licensed Service Providers For Trading In Securities of the International Financial Services Commission Belize IFSC.

This shows that the new owners are really trying to turn FMTrader into a well-respected brokerage and a prime player on the binary options scene. This fact also moves them further way from the Scam suspicion. This Broker is Regulated by IFSC Belize. Trading with a Regulated Broker is highly advisable. Open your Trading Account Today! If a rose by another name smells as sweet, does a new broker with the same old name smell as bad as the original? I have to say that in this case no, absolutely not.

After months of hard work it has come to our attention that FMTrader is a whole new broker, literally.

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Finally, bunch of legitimate businessmen who understand the long term nature of binary options brokering have re-furbished this broker who, like the Phoenix, is rising out of the ashes of the first. Regulation was coming soon but like so many other brokers, never truly materialized. We already said a lot about this platform, and 1 thing we cannot take from Spot is the large number of white labels, some of them are really vicious.

FMTrader, the new improved one, is a SpotOption powered broker. If anyone out there knows me at all, they know I like the SpotOption platform itself and this one has just about all the features. It does have all the ones that matter. The asset list is very long and includes more than any one person can trade in a week.

There are 12 major Forex pairs, 20 stocks, 7 commodities and 20 indices. While the Forex and stock trading is quite good, the commodities and indices are what I like the best. The commodities include oil, gold, silver, wheat coffee and sugar while the indices span across the globe. The asset list is still quite long but there are a few changes. The asset list is supported by a full line of tradable options with expiry ranging from short term 60 second out to several months.

Options include standard digital trading with calls and puts plus Pairs, One Touch, Ladder and iFollow Copy Trading. Digital trading is divided into Binary Options, Short Term and Long Term.

Binary Options all have expiry sometime today, short term all have expiry ranging from 30 seconds to 5 minutes and the long term are all end of today, tomorrow or this week and range out to next week, end of the month and next month out to 6 months or more depending on the asset. Pairs trading are the roots of binary options. These are options betting on which asset will perform better over a given time period, like a horse race between stocks.

One touch options are usually only available over the weekend and can be used to predict large movements. Ladder Options are a more advanced form of binary, and pay a more advanced amount. They are bets on whether an asset will finish above or below a set strike price, you can choose near the money, in the money or out of the money strikes for different pay outs. For a more detailed explanation of each type of binary option, please read our Straightforward Guide.

It includes a leader board of traders to copy and a few settings for your account. Overall we can definitely note that FMTrader is now an improved brokerage, with better service and more reliability.

The change of management proved to be the best thing that happened in the last period and as a result, traders are complaining less and have started to consider FMTrader one of the better partners in the industry. There are some complaints we are referring ONLY to the last months under new management , but you have to dig through them to get the real picture. Some of them are old and have no bearing on the new broker, some are the usual traders having problems because they jumped into binary without learning what they needed to know, like reading the terms and conditions.

Other than that there is not much there and you know if they were cheating or holding back on withdrawals the community would be screaming about it. Still not a lot of complaints but there are a few. The first is not great to hear, but is only one voice of thousands of satisfied traders. The second complaint seems like BS to me. FMTrader offers a number of different bonus and reward programs.

You will need to talk to your account representative to find out exactly what is available to you. Basically, there are sign on bonuses by account size as well as other promotions. The base trade volume is 40 times the bonus and must be met before making any withdrawals. Bonus turnover has been raised to 50X the amount of bonus. They also take the time to be sure you understand that if you take more than one bonus you have to meet the first terms and then meet the second terms which means you have to trade 50X the bonus twice before you withdraw.

Withdrawals are easy with this broker. All you have to do, once you meet account verification requirements, is go to the withdrawal page and request one.

Deposits and withdrawals can be made by credit card, wire transfer or Skrill. Withdrawals are free and are processed in under 3 days. Payout may take up to a week after that depending on method, Skrill being the fastest. Two things that stand out now though are the Ladder Options and the iFollow copy trading which help elevate the platform to a whole new level. All you have to do is open an account with both, and then link them. This broker is very user friendly.

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Not only is it built on the ever popular SpotOption platform the new owners have gone out of their way to make support easy to get. The website is available in 7 languages. FM Trader offers traders 20 stocks, 24 currency pairs, 7 commodities and 21 indices as underlying assets. The expiry times start from 60 seconds, half an hour, hourly and go as high as the end of the week, end of the month and end of the year.

One Touch Options are available and so is an Option Builder tool. Their support is fast enough and pretty polite and available through chat and phone. Support is now extended to Skype and WhatsApp along with Email and LiveChat.

Deposits can be completed through Credit Cards, wire transfer, Skrill or CashU and the same applies for withdrawals. Keep in mind that you will have to withdraw to the same Credit Card or CashU account you used for deposit. The bonus differs depending on the amount you deposit and their ongoing promotion at the time.

Withdrawals are quick and easy, and reliable, unlike the original FM. According to their new and improved policy, withdrawals are free. Nothing makes them stand out and all the features are standard, for a great SpotOption based broker. Expiries, Option Builder, Pro Trader, Rollover, Close Now, Ladders and iFollow features are all big plusses.

This Broker is rated above average among our members and staff. Start your trading career with a Recommended Binary Options Broker! I downloaded the app on my phone from a link in Facebook and registered with my registering-email just to see how it looks like and if I like it. Before I even sat down and looked at it I got a call the next day from their customer service.

He started asking questions about how much money I want to make with it, how old I was and what my profession is. Same thing happened to me yesterday. Downloaded the app, opened it and i got a call about an hour after. She kept pushing asking me for a second card number and I asked her what does she need it for and she said if I want to go through with the thing, I will need to give here my cards numbers.

She said she will call me back when I am ready then. Plus I saw earlier on the app that I could register my credit card on it myself directly so what do I need to be called? I did the exact same thing, downloaded the app from facebook and received a call from FM Traders 30 minutes after I downloaded it. We assume full responsibility for all the malfunctions and mishaps you might have encountered. You may rest assure that everything possible is being done to solve the problem you have mentioned.

Our Customer serves teams works day and night to improve the services we provide our traders. FMTrader has a new management that gives top priority to customer service. It is guided by four core principles: On the one hand, it enables our traders a variety of investment channels and advanced trading strategies that include more than assets available for investment and multiple trading programs such as 60 second and one touch options.

FMTrader operates a world class customer service department. Our representatives are highly attentive and responsive to any query that may arise. They are available on the phone, email and one on one chat. If, after that, you still encounter any problem with your FMTrader account, you are more than welcome to contact directly our management by visiting our website and filing a complaint at fmtrader.

Best Regards, Paul Harris Head of Customer Service Division. Before i deposit any money myself. Does this really work can i consider this.

I would like to know more. Harris, Unfortunately, your boys are still doing exactly what happened with mark. The way they are desperate to bring you in is very suspicious. Hey Paul I have read with interest your above response to Mark and how you have tried to play down his experience and that of others.

This was in Aug. Well this is July and I can tell you that nothing, absolutely nothing has changed in the way your brokers are forceful in their persuasion to you get your first deposit. And even after the first deposit they literally hound you for more and more and more until…you give in. I was stupid perhaps! They will even ask you to go get a loan from the bank, ask if you have a car or house. Such was my experience.

I have just lost over USD First day I observed him trade on my account. I was doing fairly ok, losing some winning some while he was monitoring but when the big lose seemed apparent I texted and texted and he did not reply. Next day when he responded only after I had left a request on the website for call back.

Now, He believes i can recover the loss only if i get more money in for deposit, he even speaks of certainty if i get on the NFP webinar. I have gotten some more money now and want to go ahead taking him at his word as i seem to have lost a lot of money and would like to recover. Am i been sucked into a black hole? Paul, your response please. I think they all the same ,. I put some money into an account and a training call was arranged.

For various reasons that did not happen. However, when I spoke to Maggie recently I was advised that my account has a balance of zero. I asked how that came about as I had not had the training and had not done any trading.

I was advised that I had signed up under another company who had been trading for me and lost my money. Finally answered and said I want nothing to do with them. I have to check with my credit card company to see if they have tried pulling money off it and if so I will tell my credit card company to stop any further transactions.

As of right now there is no money in my fm trader account. Both seem like they employ the same tactics. I never opened any trades with them, asked that I pull out and the money be deposited back onto my credit card. Called B54, no response, my so called personal broker was unavailable every time.

I asked for an explanation and for them to return my funds. Had to call my bank to cancel my card. Money gone — no contact from B Do not deal or hand over your credit card details to this company. Will take money from your account without your permission. The fact that I am still a trader with them shows that they are legit. Once I get the hang of it this should be profitable. A broker has left a message a few times to assist me with training. To get money out you need to submit 3 types of ID.

I submitted copies of my passport, photos of my credit card and a tax statement with my address just today. I wont put anymore money down until Im sure I can withdraw the cash.

Im happy to provide feedback on how this plays out, especially in reguards to any perceived abuse of trust. Am I the only one trading with them??? I have recently started using FM Trader.

The broker will also call you using skype, that way when they are teaching you how to use the trading platform, find reports and analyse charts, you can see their screen which makes it alot easier to understand.

They will also teach you money management and work out a plan based on your budget and goals. But if your getting a good service and keep trading with them long term, it means they will keep getting commissions from your trades. So put simply, the more money you make — the more money they make. But if your willing to spend the time to learn it, it can have good rewards. The person assigned to you makes money on trading volume: I have been attempting to receive my funds back from FMTrader for several months and it has been an interesting experience when they have wanted me to invest they called me incessantly and then when I wanted my funds returned they have been completely silent.

This is NOT a trustworthy business — do not invest your funds if you ever want to see them again. I am not sure if I can say they are scammers but they definitely are unethical.

The Account manager would call you to open an account promising risk free trades and bonus. You will handed over to a senior trader who will share his results with you and explain a strategy as if you are already a pro. With those half baked strategies you will win some and lose lot. He may give you risk free trade but as a bonus which means you have to trade 40 times volume to be able to recover it.

I think this is their strategy to make you lose money so you will be with them trying to recover your money and keep investing more. They do not share anything in written and their verbal session hardly makes sense. But in reality when its live and the charts are moving, it is not easy and you lose money. They hide important details for the reason that you lose money. I am dealing with an agent Shawn Wells and he is absolutely the worst person ever to deal with.

I can sense that he has an agenda and that is to make you lose money with his incorrect strategies and either invest more or lose few s dollar by the time you get your sanity back. These guys are NOT trustworthy and almost follow unethical practices to lure new traders.

Chat does not work when you need and the phone call gets forwarded to some drunk rude women who are eager to put the phone down. I was supposed to get a callback 2 weeks ago and havent recieved it yet. Stay away from them. I enjoyed the first deposit bonus provided to me by FMTrader after ensuring funds for my account. They even offer me risk-free trades that give me and my trade better leverage.

I wish I was always a first-time depositor to experience things like this. I have been trading with them for almost a year now and I never had a slight problem when dealing with them. I no longer have time or energy to learn how to trade and wish to withdraw my money. Apparently I have to provide colour copies of my ID and then my money will be returned.

Hello, in spite of having made the withdrawal request on Sunday the 26th of July, as today 3rd of August the transaction on your site says that it is still pending and no amount of GBP has been credited to my account with Lloyds.

If I do not receive my money credited to my account within the next 3 working days, I will be contacting the FSA Financial Services Authority to investigate the nature of your business and enforce the payment to my account. Also, if there are further complications, you will expect from me a few negative reviews about my experience through social media as well as the news outlets.

Hope this clarifies my position on this matter as this is starting to look more and more like a scam! My Bank, Lloyds TSB is aware of my situation and they will also be providing me support around this situation. I also downloaded the application and got a phone call from one of their representatives.

I, in contrast, had a very good experience. He was very polite and patient. He explained to me what the application offers and how I can use to trade and make money. We agreed he would call back in a couple of days which he did. He was really nice this guy. By the way, they really do have a cool application. It is so user-friendly and fun to trade with. Please contact me asap tonight would be great.

Hi Guys, After almost 2 years of Trading i feel that i must wright anther post. Please help me out. I have been requesting for the withdrawal of funds from my account but the broker is not forthcoming.

Each time I call the support team they inform that the broker will be in touch with me but nothing comes up. I am becoming impatient and this has confirmed my fears of trading on your platform. Please assist in that regard. The broker called me and we spoke, in had issues understanding him when he spoke. I made a trade even though he said not to and won and instead of getting Give me a break!! Anyway, I modified my second one. I have asked a withdrawal request of the remaining money that is left in the account.

I hope I get it. Have already informed the representative from FM trader who calls me everyday without fail to remove my number because its been a long time since I have not been working. It gets very fustrating when they call me really early in the mornings, afternoon and night time.

I will never get involved with FMTrader again!!! Sure, there is some profit that can be made, but you can lose a lot more very fast!!! I never registered to this company, never downloaded the app. I saw their ads on facebook and instagram but never clicked them or gave them any information.

He said that I will get a broker who has 10 years experience in Binary Option, thats clearly some bullshit since binary options started in like Reading thru them I notice that most complaints are about phone calls and withdrawal.

I had lost money in trading with FMTrader but I also gained some not a millionaire going thru the process of verification for withdrawal takes sometime but I can understand its needed for security. I can say this is a legit site and not a scam. I trust the review of this website binaryoptionsthatsuck. As for the phone calls. I did go thru that ordeal but its marketing, after a while they go away.

I am receiving calls for last 2 years sometimes every day sometimes once a week. I have sent multiple emails and request to be not contacted anymore, but they still calling and calling. Even when I got about 15 emails from customer service that they will not be contacting me they will do so about month later and continue annoying me.

All the reviews are bas and I can confirm they are scammers and annoying rude rats. Downloaded the App at Google Playstore and a couple of hours later got the first call from their company. Honestly that made me really doubt.

A few days later got a called by the promise personal broker who taught me trading and made a trade. Lost the first time but then win a couple. Next thing in mind for me was Withdrawal. So It is a bit hassle and take a bit long to get the money but getting it means its legit. Still Trading with them. I got phone calls from their agents and after some searching and persuasion from the agents I decided to trade with them I lost and won a couple of time made some withdraws which took about a week of process.

The first time I received a call from this one, I am shocked to hear that they know me and even my number. I feel suspicious with this one, so what I did is that I made my research before trusting this and read a lot of reviews as well. Until I found one good friend of mine which has been with this broker for a year.

I asked her about her experience with this one, and she told me that this is really great.. It will just depend on how accurate you are in following their policy. Hi Jennifer, I was once at your situation and im kind of confused almost everything about financial market before and trading binary options, i have zero knowledge about that really..

Now, i can say that im at set and doing fine somehow.. It is really hard to start trading without enough money, but once you are able to save some for it, it will be worth it. They are providing tutorials for beginners. If you have any other questions, feel free to ask me. I much more willing to help you Jennifer: Great review and information.

Thanks to the Mods and Author of this site in helping people know their broker better and get to the truth of stuff. FMTrader has been around for years now and found no actual case filed against them.

But still thanks for all the info.

Because that account was closed was unable to send picture of credit card but sent copy of bank statement for new card and other verifications was ignored by FM traders. They soon contacted me when you wanted my money. I want to retract my previous comment.

I do not want any more trouble… I read the rules. But I do need someone to talk to for advice. Please retract my previous comment and if possible send help. When FMTrader contacted me by phone the following morning, they explained to me briefly what binary options was about and how I could make money. When I let them know I was just leaving for work and would do so later, they kept insisting it would only take a minute to do. This put me on the alert. Any good company would not pressure people into signing up.

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