FT Trading Review: Is fttrading.net Legit or Scam?

FT Trading is a binary options kind of setup where trading of Cryptocurrencies can take place and users will earn a profit within minutes. Fttrading.net is owned by World Blockchain Holding LIMITED which is a company incorporated in Belize. Because this is an offshore jurisdiction with extremely weak regulations, you can expect to be scammed by FT Trading and nearly every other entity that is operating out of this region. Furthermore, trading of binary options is quite controversial. It is banned in the EU while the United States requires a broker to be properly licensed before offering this kind of service.

If you’re looking for a good broker, you can pick one from this list of recommended companies. If you are just starting out with no experience, I encourage you to check out trading resources, signals or automated trading here.

FT Trading (fttrading.net) Review

This broker is encouraging traders to deposit money into their platform but not telling them what successful trading looks like.

FT Trading’s sales page even states that their traders are winning more trades and cashing out in minutes.

They further claim that the platform offers the easiest way to trade Crypto. FT Trading is also accepting a minimum deposit of $5.

This is clearly not a serious broker as you can’t trade with $5 and make any meaningful income.

Also, the broker raises eyebrows because they tell traders that making sustainable income on their platform is easy even if traders don’t have skills.

This is clearly a white lie and if you believe them, you will lose the money, thanks to FT Trading setting up things to work against you, thus making you lose your deposit as fast as possible.

There’s no difference between FT Trading and scams such as FXinvest bank, InvestFX and FX Trading Ltd. These are phony trading platforms that have the goal of stealing your deposit.

FTTrading.net not a regulated entity

The website has enough red flags to worry about. Apart from telling lies and false promises, they are also not licensed to offer any kind of financial service.

Their Belize location is also suspect as we are aware of the fact that brokers who operate out of this country are always going to steal from their clients by taking their money, blocking their account or suspending withdrawals with the excuse that their customers did not meet KYC requirements.

You are always going to encounter one problem after the other if you choose to trade with these offshore scammers.

What to do if you have been scammed by FT Trading

If you have a strong case, you can request a chargeback. You should utilize the live chat down below or fill in your details on the form that I included in this review.

A professional will review your case before initiating the chargeback process via the relevant financial mechanisms.

The conclusion

FT Trading is a scam. The binary options platform is just an avenue for soliciting funds from traders with the aim of stealing the money.

The broker does not have any reviews or feedback from consumers, meaning that they are either new to this market or are considered thieves which is why no one wants to use their service.

Whatever the case, don’t sign up and don’t send them your money.