FTK is a Contract for Differences (CFD) broker, registered in 2024 as FTK Global Investment Co., Ltd in Colorado, USA. Its headquarters are in the USA, with offices in Australia and New Zealand. The broker primarily offers CFD trading services across various markets, including forex, precious metals, and indices.
Business Services
Trading Accounts
FTK Global Investment Co., Ltd offers demo trading accounts as well as two different types of real trading accounts—Standard and ECN accounts. The specifics of these accounts are as follows:
The Standard account uses the FTK trading platform, with trades executed immediately upon confirmation. It offers various commodity CFDs (such as cocoa, soybeans, etc.), a maximum trading leverage of 1:500, spreads starting from 1 pip, and no trading commissions. The minimum deposit for this account is $200.
The ECN account is similar to the Standard account but offers spreads starting from 0.0 pips and charges a $6 commission per round trade.
Trading Platform
According to public information from www.ftkmd.com, FTK Global Investment Co., Ltd provides its proprietary FTK trading platform, which is available on both desktop and mobile.
The FTK trading platform boasts a clean interface, access to over 250 trading instruments, and ultra-fast execution. It also supports the use of Expert Advisors (EAs) and includes thousands of indicators for market analysis and customizable charts.
Deposit and Withdrawal Methods
FTK Global Investment Co., Ltd supports deposits and withdrawals through Mastercard, VISA, NETELLER, Skrill, bank transfers, and others.
Social Media and Contact Information
This broker does not provide communication channels via social media such as Facebook, Instagram, or Twitter, nor does it provide any contact information.
Company Background and Regulation
Company Background
According to publicly available data on the broker's website, FTK Global Investment Co., Ltd is a global financial services company headquartered in the USA, with offices in Australia and New Zealand. It is regulated by the US Bureau of Industry and Security, the US Financial Crimes Enforcement Network (FinCEN), and the US National Futures Association (NFA). The broker executes trades through a fiber-optic network connected to the Equinix NY4 data center, providing the fastest execution times and ultra-low latency in the industry.
Regulatory Verification
Verification shows that FTK Global Investment Co., Ltd was registered on September 29, 2024, with registration number 20248054113, according to the Colorado Secretary of State's website. It is registered with FinCEN with MSB number 31000282472286.
However, the NFA website does not show any registration or regulatory information for this broker.
Tips:FinCEN does not directly regulate forex, precious metals, or cryptocurrency derivatives trading. Its main role is to establish and enforce Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations, thus indirectly regulating businesses involved in these trades, especially when funds transfer or financial services are involved.
Conclusion
FTK Global Investment Co., Ltd is a broker offering multi-asset class CFD trading. While it has a registered entity, it lacks direct and effective regulation.
Risk Warning:Trading investments carry risks. Traders should carefully consider their choice of trading platforms, conduct risk assessments, and invest based on their own investment goals and expertise level.
