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.
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.
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 firstname.lastname@example.org, 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: