FXTPremium Review – Scam, Withdrawal, Deposit & More
FXTPremium is a Forex and CFD broker based in the UK that offers an impressive amount of trading options on the MetaTrader 5 platform. The company claims to strive to be one of the most innovative brokers on the market. They want to offer a unique and equal trading field for both the beginner and expert trader. With their highly quality trading platforms and expert brokers the sky is the limit, but are their claims true? What does FXTPremium really have to offer Forex traders?
Impressive Trading Options
If there is one thing that can be said about FXTPremium it is that they offer a diverse market. Users will find that they can trade in over sixty different currencies. You will be able to trade in anything from the South African Rand to the Chinese Yuan. Some other currencies that are available are the Turkish Lira, Singapore Dollar, Swedish Krona, Russian Rubble, Polish Zloty, Norwegian Krone, Mexican Peso, Israeli Shekel, Hungarian Forint, Hong Kong Dollar, Danish Krone, and the Czech Krona.
Try Out The Demo Account
The company also offers a demo account so that traders can get a taste before making the leap. If you signup for the account you will find that there are a number of CFDs on commodities like coffee, sugar, oil and even natural gas. There is even trading options available for precious metals like platinum, palladium, silver and of course gold. Indices, stocks and cryptocurrencies are also available. With FXTPremium it really seems like there is no limit on the types of trades that you can make.
High Leverages Offered
One impressive thing about the site is that they are willing to offer investors 400:1 leverage. This will be more than enough leverage to accommodate any type of trade that you want to make. Just keep in mind that with higher leverage, you should be cautious because there is always a higher risk associated with the trade. That being said, it should be noted that the European Securities and Market Authority (ESMA) just recent reduced the maximum leverage in European markers to 30:1. They did this in an effort to cur investment risks for investors.
MetaTrader 5 Offered
One of FXTPremium’s chief mission statements was that they wanted to provide customers with the most advanced trading technology possible. And, it is safe to say that they have accomplished that with their MetaTrader 5 platform. Along with MetaTrader 4, the MetaTrader 5 platform is one of the most popular and unique trading tools available. It features a lot of good charting tools with over fifty different in-build market indicators. There is even an option to run automated trading sessions with the assistance of trading robots. The robots can be setup to make trade based on certain indicators.
Various Payment Options
You won’t have a problem finding a way to deposit or withdraw money with FXTPremium. They accept everything from popular e-wallets to major credit cards. Some of the services that they accept are Neteller, Skrill, PayPal, web money, wire transfers, VISA, MasterCard, and most major credit cards. Unfortunately, it does not seem like the site accepts Bitcoin, but they do offer Bitcoin trading.
Be Aware Of Withdrawal Conditions
Before singing up with FXTPremium, you need to be completely aware of the withdraw conditions. You will notice right away that one of the most enticing things about FXTPremium is that they offer unique signup bonuses. For instance, when you sign up you might get some extra currency deposited into your account. However, when you take these bonuses it does change the withdraw requirements. Once you accept a bonus from the broker, you will not be able withdraw your funds until you have reached a certain trading volume requirement.
FXTPremium sounds great, but there are plenty of risks. Be sure that you’re willing to accept these risks before handing over your money!