Ferrum LTD Review – All The Truth About ferrum-ltd.com Brokerage

Ferrum LTD Regulation and Safety of Funds

Ferrum LTD claims that it is a company with offices throughout the Czech Republic. The broker appears to not be regulated in these countries or elsewhere. They didn’t provide license information or Terms and Conditions, which is something that a legitimate broker would never do. They are a scam company and don’t provide any proof it can provide financial security or safe trading environments. We wouldn’t recommend trading with them.

If you want everything to run smoothly, make sure to use a UK- or EU-regulated broker. These companies are a great choice as they must comply with the most stringent regulations in the world and adhere to all of their requirements. Brokers must follow many laws in order to protect your funds. This includes keeping client deposits separate accounts and providing negative balance protection to make sure you don’t lose more than the money you have. You should know that you can get compensation if your broker goes bankrupt. This is because all licensed brokers are part of compensation programs.

Only licensed brokers are allowed to follow these requirements. You might get robbed if you invest with fraudsters like Ferrum LTD.

Ferrum LTD Trading Assets

Ferrum LTD provides access to a variety of instruments, including stocks, forex, commodities, cryptocurrency and indices. The exact same instruments that legitimate brokers offer, basically.

Every day new scam brokers and trading bots appear on the web with only one goal – to steal your money. We have already exposed some of them, for example – AION Trader, Eibank, CedarFX.

Ferrum LTD: Maximum Leverage, Deposit and Withdrawal

Ferrum LTD provides maximum leverage of 1:500 across all trading instruments. This is far too high to offer by any EU broker. As in many other jurisdictions, the EU has leverage caps. Retail traders can trade with a maximum of 1:30. These restrictions are simple: trading with greater leverage can lead to both higher profits and larger losses. However, bigger losses are more likely for novice traders. This is why it is important to be cautious with your leverage settings and trade only with the leverage you are comfortable with.

Ferrum LTD accepts Bitcoin deposits only. Technically, Ferrum LTD is supposed to offer other less well-known electronic payment options such as WisenEx and DPex but none of these were actually available.

Avoid brokers that accept only crypto deposits and don’t offer any other options. You cannot track the payment or receive a chargeback because crypto transactions are anonymous and irreversible. This is why scammers prefer these payments.

Ferrum LTD requires a $150 minimum deposit to allow you to trade. Although this is a fine requirement, but there are many brokers that are more legit and will allow you to trade with less – even $5.

Choose only trustworthy and reliable brokers. You can read about the best ones in our article Best online brokers in 2023.

Ferrum LTD Accounts Type

This broker offers these accounts:

Ferrum LTD: Video

You can also write a comment under the video on our YouTube channel to tell other traders about your experience. But if you’ve already been a victim, contact us for a free consultation by filling out the form at the top of the page.
Below you will find a short video about Ferrum LTD. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about Ferrum LTD!