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ft group

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ANSWER Dear Investor, FT Group claims to have been in operation since 1994. However, the company does not provide any regulatory or licensing information on its website — a major red flag for any financial services provider, especially in the forex industry. Further investigation reveals that the UK Financial Conduct Authority (FCA) has issued warnings against FT Group twice, specifically on March 5, 2024, and again on April 17, 2024. In these alerts, the FCA stated that FT Group is operating illegally in the UK and is providing unauthorized financial services, which is a serious violation of UK financial regulations. As an unregulated entity with a history of engaging in unauthorized activities, FT Group poses a significant risk to investors. Therefore, we strongly advise against opening any accounts or conducting transactions with FT Group.

Does FT Group allow hedging?

Tarweeza Ali

Panama

Mar 12, 2024

ANSWER We advise against any interaction with FT Group, a forex broker operating without a license.This recently established website makes an exaggerated claim of having a 30-year history, yet it lacks the requisite financial licenses for its operations. The Financial Conduct Authority (FCA) in the UK has issued a warning about FT Group, categorizing it as an unauthorized entity.In light of its unlicensed status, it is wise to avoid FT Group to safeguard yourself from potential fraudulent activities. For a more secure trading environment, it is recommended that investors opt for brokers that are fully regulated.

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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.