FT Markets

FT Markets presents itself as a legitimate trading platform, but the evidence tells a different story. Here is what our review of FT Markets uncovered.

Who is FT Markets?

On the surface, FT Markets looks like an ordinary forex and crypto broker. Its public site is presented at https://www.ftmarkets.com/. It claims to be based in United Kingdom. But surface impressions are exactly what these operations rely on — the substance behind FT Markets is where the problems begin.

Is FT Markets regulated?

FT Markets provides no verifiable regulatory licence. An unregulated broker answers to no one: it can freeze withdrawals, invent fees, and disappear with deposits, all without consequence. This alone is reason enough to stay away.

Red flags we identified

• Opaque or anonymous corporate ownership
• Offshore or shell-company registration used to avoid oversight
• Aggressive “account managers” coaching clients to deposit
• Account dashboards that show “gains” with no real market exposure
• Withdrawals reportedly blocked behind “taxes,” “fees” or account “upgrades”

Our analysis

FT Markets used to claim its regulation by the Seychelles Financial Services Authority (Seychelles FSA), but we found that its regulation in Seychelles FSA is no longer valid. At the current stage, FT Markets is not overseen by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

Can you recover money lost to FT Markets?

If you have deposited with FT Markets, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.