Future FX Review
Future FX is a brokerage firm that offers online trading of global financial markets — forex, CFDs, commodities, and cryptocurrencies. Trades are carried out on the MetaTrader platforms, and there are educational resources along with 24/7 customer support. The minimum deposit required to begin trading is $100, while flexible leverage of up to 1:500 is available.
Future FX Review, Pros & Cons
- MetaTrader platforms
- Educational resources
- Trading tools
- Multiple account options
- Unregulated brokerage firm
- Minimum $100 deposit
- No USA traders
In this detailed Future FX review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Future FX Overview
Future FX is an online trading broker that allows clients to trade over 70 financial instruments via advanced trading platforms. It is a true ECN/STP broker, offering direct access to the interbank markets. Multiple trading account options are available, with spreads from 0.1 pips, leverage of up to 1:500, zero commissions, and various funding methods, amongst other trading conditions.
Future FX Regulation
Future FX is registered with the following agencies:
- FutureFX Markets Limited – Registration no. – 11611602, London, United Kingdom
- FutureFX LLC. – Company No: 406286344 – Registered with Ministry of justice of Georgia & LEPL National Agency of Public Registry, Tbilisi, Georgia
Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
Future FX Countries
The broker allows traders from different parts of the globe to open an account with them, provided that doing so would not be contrary to local laws or regulations.
Some Future FX features and products mentioned within this Future FX review may not be available to traders from certain countries because of legal restrictions.
Future FX Platforms
Trades are executed on the MT4 and MT5 trading platforms, which are advanced trading platforms that were released in 2005 and 2010 respectively. They have remained amongst the most widely used trading platforms in the forex and CFD trading industry. The MT4 platform is developed with a user interface that is easy-to-use yet has advanced functionality to suit experienced traders. It has several built-in tools and useful features, including advanced charts, multiple timeframes, support for automated trading using expert advisors, and more. MT5 has all the basic features of the MT4 platform but comes with more advanced functionalities.
Both the MT4 and MT5 trading platforms are available as desktop applications for Windows and Mac computer; webtraders that are designed to run directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge; and mobile apps that are compatible with smartphones running on Android and iOS. The mobile trading app is best suited for traders who would want to trade while on the move.
Future FX Trading Tools
There is an Economic Calendar on the broker’s website; it shows the schedule of future events along with their expected impacts on the financial markets.
Future FX Education
There are various trading resources on the broker’s website. They are designed to improve traders’ skills and knowledge whilst keeping them informed on the latest happenings in the financial markets. These educational resources include trading blogs, learning articles, market news, trading academy, glossary, and more.
Future FX Instruments
Future FX offers the following trading instruments: forex, CFDs, commodities, and cryptocurrencies.
Future FX Accounts & Fees
The broker has various trading account types: Bronze ($100), Silver ($10,000), Gold ($25,000), Platinum ($50,000), and Diamond ($100,000) Accounts.
As broker fees can vary and change, there may be additional fees that are not listed in this Future FX review. It is imperative to ensure that you check and understand all of the latest information before you open a Future FX broker account for online trading.
Future FX Support
The broker provides traders with a customer support team who are knowledgeable and prompt in response. They can be reached via telephone, email, online form, and social media.
Future FX Deposit & Withdrawal
Traders are allowed to deposit and withdraw funds using any of the following payment methods:
- Bank transfer
- Credit/Debit cards: Visa and MasterCard
- Online payment processors, such as Neteller and Skrill
Future FX Account Opening
To open a live trading account, simply click on the ‘Open Live Account’ icon on the homepage of the broker’s website and properly fill out the form.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree with them.
Future FX Summary
Future FX is an online retail trading broker that operates from the United Kingdom. They provide traders with MT4 and MT5 trading platforms to enable them to trade over 70 financial instruments across different asset classes. The broker makes available a selection of useful trading and learning tools and also offers a 24/7 customer support team to assist traders. There are multiple trading account options with a minimum deposit requirement of $100.
Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when forex and CFDs trading with this provider. You should consider whether you can afford to take the high risk of losing your money.