FRT has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The mobile app from FRT is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Demo account available|Risk management tools|Personal attention
Cons: No fractional shares|Could offer more webinars
The so-called education at FRT is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for a few weeks now thinking they would help me learn.
Pros: Copy trading available|Wide product range|Portfolio tracking tools
Cons: Limited demo account features
The only good thing about FRT is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed them. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: API access|Multi-currency support|High security standards|Educational resources
Cons: Minor UI glitches occasionally|No live chat on mobile
For anyone considering FRT, please be aware that this company has been flagged by Financial Markets Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Do not be fooled by the professional-looking website. Behind the scenes, FRT is disorganized and incompetent. I found them after a friend recommended them and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: No hidden fees|Intuitive for beginners|Competitive fees|Full transparency
Cons: Inactivity fee applies after 12 months
After seeing ads for FRT online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Financial Markets Authority. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Financial Markets Authority|Cannot verify credentials
The platform at FRT is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a couple of months now of dealing with this, I have had enough.
Pros: Two-factor authentication|No hidden fees|Professional team
Cons: No phone support on weekends
FRT changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Economic calendar|Quick verification|Multiple order types|Two-factor authentication
Cons: Wish they had more educational resources|Nothing significant
Customer support at FRT seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Dividend tracking|Risk management tools
Cons: No crypto staking|Alert system is basic
FRT has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Dividend tracking|API access|Low minimum deposit|Dedicated account manager
Cons: Slow to add new assets