FTC claims it was established in 1998 as a proprietary trading company. However, when we checked its domain, we found it was created in 2010. So how could it start its business in 1998? It is a red flag here.

Besides, FTC claims to be a licensed and regulated broker while presenting neither details about its company office address and regulation, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. The truth is FTC is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

BrokersView found that the domain "http://ftcorp.net/home" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.