FMTraders Review

UPDATE (3.10.2016):

We have found out that FMTrader is closed.

We recommend choosing one of our top binary option brokers instead:

1. IQ Option
2. Banc de Binary
3. Finpari

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

FMTraderFMTraders is an investment company which offers the public a highly advanced trading platform. The broker is meant to facilitate binary trade by making it simple and user-friendly to new and experienced traders alike while at the same time significantly increasing their profit prospects.

Basic information:

Online since: 2012
Jurisdiction: UK
Max Returns: 90% and 500% with special options
Minimum Deposit: $100
Minimum Investment: $25
Maximum Investment: $5000
Currencies: GBP, USD, CAD, ZAR, JPY, AUD, RUB, TRY, EUR
Mobile: Yes
Countries: All nations except USA

Pros:

– High prospects of profit of up to 65%-90% return on investment
– A user-friendly interface to simplify trade
– Quick and efficient settlement of trader’s transactions
– Step by step guidance to help new traders on their first steps in the investment world.

Cons:

– Don`t accept clients from US

7 Binary Options Rating:

4,5 stars

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The platform’s technological innovativeness promises:

– High prospects of profit of up to 65%-90% return on investment.

– Access to exotic options trade which allows up to 500% profit!

– Options with rapid expiry time (of 30 seconds) to enable fast and exciting trade.

– Maximum exposure to abundant investment channels (forex, stocks, indices and commodities )

– A variety of trading strategies that fit each trader’s specific and personal investment objectives and profit targets.

– Updated information, constant data streams and daily financial reviews presenting market trends to help trades invest wisely and exploit new and profitable investment opportunities.

– Free access to plentiful training tools (video courses, e-books and personal guidance given by experienced brokers) to instruct new traders and help them become familiar with market dynamics and the basic principles of option trading.

Bonuses

A small investment of $250 entitles traders to a 100% welcome bonus. In addition, FMTrader offers its clients lucrative bonuses of up to $10,000 a year to improve their odds and enable them to trade on more favorable terms.
FMTraders wishes to see its clients succeed and maximize their profit potential especially when it comes to new traders who need all the help they can get until they are able to stand on their own and pave their way in the trading market.
For further details, members can contact customer service via the phone, e-mail or live chat.

Maximizing Profit

FMTraders puts at its traders’ disposal versatile trading strategies in order to enable them to choose the most profitable investment channel. Some investments may yield up to 500% returns. Even the most solid investment strategies can generate tidy profits of up to 90%.

Account Types

Investors who wish to benefit from FMTrader have a wide range of account types to choose from including an Islamic Account for traders who follow Islamic Law.
For a Platinum Account members enjoys

• Daily market review from FMTrader’s top analysts sent to their email.
• Free Withdrawal process without service fee for any financial transactions
• Starting from 40% bonus / First trade risk free
• Full access to FMTrader’s online VOD
• FMTrader eBook
• Portfolio analysis with a personal broker twice a week.
• Building a private trading plan based on their schedule.
• Three Hour (3 separate lessons) 1 on 1 training with a personal broker
• NFP trading session

With a Gold Account, members benefit from

• Daily market review from FMTrader’s top analysts sent to their email.
• Free Withdrawal process without service fee for any financial transactions
• Up to 40% bonus
• Full access to FMTrader’s online VOD
• FMTrader eBook
• Portfolio analysis with a personal broker once a week.
• Building a private trading plan based on their schedule.
• Two Hour (2 separate lessons) 1 on 1 training with a personal broker

With a Silver Account members are entitled to

• Daily market review from FMTrader’s top analysts sent to their email.
• Free Withdrawal process without service fee for any financial transactions
• Up to 30% bonus / First trade risk free
• Full access to FMTrader’s online VOD
• FMTrader eBook
• Portfolio analysis with personal broker once a week.
• One Hour 1 on 1 training with a personal broker

A Bronze Account gives members

• Free Withdrawal process.
• Up to 20% bonus
• Full access to FMTrader’s online VOD
• FMTrader eBook

Assets for Trade

FMTrader’s investors enjoy a wide selection of assets they can trade (more than 200). These assets are arranged according to four main categories:
• Currency pairs (e.g. EUR/USD, USD/JPY)
• Leading indices (e.g. NASDAK, FTSE 500, DOW 30)
• Major stocks (e.g. Apple, Nike, British Petroleum)
• Commodities (e.g. oil, gold, coffee)

Screenshot:

fmtrader-screenshot

Deposits and Withdrawal

FMTraders offers its traders more than one deposit and withdrawal method to enable them maximum flexibility in managing their account and realizing profit.
To deposit money, traders must have an active account. Funds can be deposited in GBP, USD, CAD, ZAR, JPY, AUD, RUB, TRY, EUR.

The Maximum deposit amount depends on deposit method:
1) Credit card – $5,000
2) Wire – unlimited
3) Western Union – $10,000

Maximum Invest amount is $5,000 per trade.

Minimum deposit amount is 100 EUR, 100 USD or 10,000 JPY based on trader’s currency of choice in his /her account.

Payment method is versatile. Traders can use credit card (VISA, MASTERCARD, Carte Bleue, or MAESTRO), debit card, wire transfer or WebMoney.

Minimum withdrawal amount is 100 EUR/USD/GBP/AUD (based on member’s trading account currency).

To prevent fraud, deposit and withdrawal must be preceded by proper documentation and personal identification.

Customer Service

FMTrader is proud of its highly dedicated and efficient customer support team which will accompany traders and provide assistance with any problem that may arise. They can be contacted via e-mail, by phone (contact page contains phone numbers for different areas) or through live chat.

Summary

FMTraders is a leading binary option broker, almost as good as Banc de Binary. Its highly advanced and user-friendly trading platform together with its vast experience and expertise in the field of binary trade, its skillful brokers and comprehensive training programs and its dedicated customer service can definitely give traders the edge they need to invest successfully and generate very high profits. We also recommend reading Binary Option Robot review if you are looking for automated trading software or binary option signals.

Additional information

Customer Service: Live Chat / Email: [email protected]
Languages: Arabic, English, Russian, Turkish, Italian
Trading Options: Binary Options, Option builder, One Touch, 60 sec, Pro trader
Assets: Currencies, Stocks, Indices, Commodities
Early close: Yes
Expiry Times: 60 sec – 24hr+
Deposits and Withdrawals: Visa, Mastercard, Bank Wire, Maestro, Cartebleue, Webmoney
Withdrawal Time: 3-4 business days
Demo account: Yes

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7 Binary Options review: FMTraders: 4,5 stars.
John Miller
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John Miller

John has worked in investment banking for 10 years and is the main author at 7 Binary Options. He holds a Master's degree in Economics.
John Miller
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