Follow Me Trading Review Is Followmetrading.com Legit

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Follow Me Trading Review: Is Followmetrading.com Legit?

Followmetrading.com Review: this is the website of a social trader platform that also offers trading classes. Is Follow Me Trading a scam? Forex traders keep looking for more effective ways of earning profits and the services offered by this company might interest some. But before starting a business with the firm, read the well-detailed review below.

The most vital part of our reviews is the uncovering of if a company or Forex broker is properly licensed or not. To do this, we first establish the location or region where it claims to be based. Then we check with the commission or authority regulating trade there whether it is listed among regulated companies or not.

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Follow Me Trading or FMT mentions that it is based in Malaysia. Forex trading in this region is not regulated by a specific commission. But the company itself does not mention any regulation or license. This kind of company lacking corporate information looks shady and untrustworthy.

Investing in a company that is unlicensed poses many dangers to traders’ funds. Misappropriated funds may not be recoverable by the government as well. Unlicensed brokerages are not under any rules of traders and this puts traders in more risk than they will be in if they had chosen properly licensed ones.

Advantages of Follow Me Trading

They offer to help clients earn a secondary income. It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.

How to Join Follow Me Trading

First, interested clients are to register an account with FMT. Followme Trading does not charge anything for registration. Clients who have no trading experience can follow the trades of other professional traders and make profits. Experienced ones can share their strategies and earn up to 30% of every member that follows them.

After setting up the account above, clients can set a stop loss and amount per trade. The FMT also has a system that ranks traders based on their performance over a period. They get paid only when people follow their trades.

Follow Me Trading Academy

FMT has an academy to train students to become better traders. It is run by expert instructors who were market makers, brokers, and business leaders. Courses offered cover the whole education and training needed to develop skills of execution for almost all trading instruments.

Traders can earn by becoming affiliate members of the service. What they need to do is sell subscriptions and earn by commissions. Binary.com is named as the preferred broker of this service along with IG Group.

Client Feedback

As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.

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On Forex Peace Army we found only one review and it was a negative one. A former customer of this company accused the service of using up her funds and not refunding her.

Support

To contact the customer service, interested clients should call +61 7 3088 2829 or send an email to [email protected]

Recommendation

We do not rate Follow Me Trading or FMT highly because it is based in an offshore location. Further, the image of the company is tarnished by the detailed negative review we found from an aggrieved client. The social trading service it offers is tempting but we are not told if live results of these traders are available.

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Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

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