FMTrader Review

Review of: FMTrader

Reviewed by:
Rating:
4
On July 29, 2013
Last modified:July 2, 2016

Summary:

FMTrader Review

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Recently, FM Financial Traders seems to be one of the most sought-after binary options brokers. It based completely on web with a user-friendly interface. As a result of its freshness, there are not many information about this broker. Is it reliable or not? Let’s work it out!

FMTrader Review: Trading at FM Financial Trader

Binary options feature many attractive benefits including a wide range of expiry time points and no liquidity or execution issues. The controlled risk is also appealing – you know what you stand to lose right from the start. Investors who choose to trade binary options with FM Financial Trader will benefit from a special feature: even if your option expires out of the money, you get paid back 10% of the invested amount. The refund money is automatically added back to your account.

fmtrader review

To trade, you simply choose the asset you want to trade. Click on “CALL” if you believe the asset price will rise by the expiry time, or “PUT” if you believe that the price will fall, then wait for the result.

FMTrader Review: Opening an Account

There is no registration fee or deposit required to open an account with FM Financial Trader. When you are ready to start trading, you can deposit money using. Your currency selection cannot be changed after registration. To get started, simply click on “Open Trading Account” on the home page, fill in the details and submit. You will get a welcome e-mail with a verification link shortly. After setting up your account you will then be able to access all your deposits, withdrawals and portfolio history in the My Account Section.

In order to deposit or withdraw money, you need to submit documentation including photo identification and proof of address to authenticate your account. Investors can make deposits using credit cards, debit cards and wire transfer. There is no fee withdraw funds via credit card, however there is a processing fee for withdrawals using bank transfer.

Types of Accounts

FM Financial Trader offers a few different types of accounts suitable for cautious traders just starting out and more experienced professionals. Investors can choose from the Standard Bronze Account, the Standard Silver Account, the Personal Gold Reserved Account and the VIP Diamond Account. All accounts include a sign-up bonus.

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Regardless of which you choose, all accounts give you full access to the broker’s full range of tradable assets, which includes over 90 currencies, commodities, stocks and indices. You also have access to a suite of award-winning trading platforms such as the Option Builder, One Touch, 60 Seconds and the new Pro-Trader platform.

FMTrader Review: Bonuses

There are a variety of bonuses and one-time trading credits available including the ‘Refer a Friend’ bonus and bonuses for first-time traders. New investors are eligible to receive a ‘’New Trader 1st Deposit Bonus’ after you make the first deposit into your account. The level of bonus depends on the amount you deposit. Traders that accept a bonus must agree to meet the trade stipulations before withdrawing any funds.

Customer Support and Security

Investors have access to customer service from FM Financial Trader that is award-winning and available around the clock. There are a few options for accessing support: via e-mail at support@fmtrader.com, by calling one of the broker offices or you can chat live with a financial expert by pressing the Live Person button on top of the page.
FM Financial Trader employs the most up to date and advanced technologies to ensure the safety and security of its investors.

FMTrader Video Review:

FMTrader Review
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Comments
Posted by Ivan Andrej
October 13, 2016 at 5:38 am

user friendly platform!! And good customer service!!

Posted by Sophie Bouvier
October 21, 2016 at 5:31 am

With my case, I will also suggest this one if you are looking for a great broker. Though there are some glitches with its system but I love the fact that the withdrawal and the deposit went well! No issues when it comes to money.

Posted by Lars
October 26, 2016 at 1:10 am

I’m also trading with them, got hook when one of the Account Managers gave me I call. I read from their website that a knew Design and Features are coming hopefully that will get rid of the glitches. Had to call customer service for the withdrawal but always got them.

Posted by Nadine Blau
November 8, 2016 at 5:45 am

Hello Lars, I think I’ve heard that one as well. My friend told me that they are launching new features. I think this is real, because both you and my friend told about it. Same here, I was able able to withdraw my money with no difficulties.

Posted by Alfred
November 7, 2016 at 4:41 am

this is one good review.. good broker.. thumbs up!

Posted by Alka
November 10, 2016 at 6:23 am

This broker has been around for some time now. Manages to get through different criticism and attacks from competition. Great broker. Thanks for the review.

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Author: David Wilson