Forex FUTAI Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

FUTAI Trading Conditions

Registered Region Australia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email service@futailinternational.com

Contact Number N/A

Website www.futailnternational.com

Balanced Review

Pros & Cons

Pros

Diverse trading instruments including forex, metals, energy, indices, and cryptocurrencies
Trading platforms: MetaTrader 4 and MetaTrader 5
Customer support available via email
Minimum deposit requirement of $50
Offers demo accounts for practice trading

Cons

Not regulated by any recognized financial authority
Limited information on trading fees and account types
Customer support only available via email
Potential risks associated with unregulated trading environment
Inactivity fees may apply to dormant accounts

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	FUTAI	DBG Markets	IC Markets Global	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Australia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does FUTAI Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners	Access to a variety of trading instruments	Suitable for small-capital trading
Professional Account	Experienced traders	Potential for higher leverage	Requires trading volume qualifications
Corporate Account	Corporate clients	Customized trading solutions	Requires corporate documentation
Demo Account	New traders	Practice trading in a risk-free environment	Ideal for testing strategies

Account Opening Process

To open an account with FUTAI, traders must complete several steps, including the submission of personal, employment, and financial information. Identity verification is required, which typically involves providing a form of identification and proof of address. Traders can also enjoy account flexibility, as they may have the option to upgrade to a professional account at a later stage, depending on their trading needs and experience level.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0	Tight spreads for major pairs
Forex (Minor Pairs)	1.5	$0	Wider spreads for less liquid pairs
CFDs (Stocks)	1.0	$0	Variable based on stock volatility
CFDs (Indices)	1.2	$0	Includes major global indices
CFDs (Commodities)	1.0	$0	Includes gold and oil
Cryptos (BTC/USD)	1.0%	0.1%	Variable depending on market conditions

Other Fees

FUTAI may charge various fees related to trading activities. These can include deposit and withdrawal fees, which may vary depending on the payment method used. Inactivity fees may apply to accounts that remain dormant for a specified period. Additionally, traders should be aware of any platform usage fees, overnight interest (swap rates), and potential currency conversion fees that could affect their overall trading costs.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

FUTAI User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

James Smith

Sydney

★ ★ ★ ★ ★

I faced issues withdrawing my funds. I requested a withdrawal of $5,000, and they kept asking for additional documents. It’s been over a week, and I still haven’t received anything. Very frustrating experience!

Sarah Johnson

Melbourne

★ ★ ★ ★ ★

I like trading with FUTAI on MetaTrader 5. The platform is smooth, and my trades execute quickly. Customer support via email has been decent, though I wish they had live chat for urgent inquiries.

Michael Brown

Brisbane

★ ★ ★ ★ ★

Terrible experience! I withdrew $10,000, and they froze my account, claiming I needed to pay taxes first. It’s a nightmare trying to get my money back. I do not recommend this broker.

Emily Davis

Perth

★ ★ ★ ★ ★

FUTAI has been great for me! They offer a wide range of trading instruments, and I appreciate the demo account feature for practice. Overall, my trading experience has been positive.

Australia Market