FTX
Top-Crypto-Reviews > FTX
Main Features
- Backed by top liquidity provider, Alameda
- No deposit or withdrawal fees
- Trading competitions held
- 101x leverage available
Compare the best bitcoin brokers
FTX, a derivatives exchange, stands out in its ability to name-drop the likes of Binance and Bitfinex as partners. Though only two years old, FTX is backed by Alameda Research, a crypto liquidity provider that manages $100+ million in assets, and sees daily volumes of anywhere up to $1.5 billion.
We’ve ranked it where we have because it’s still a young company, founded only in 2018, and there’s not a lot of history for us to refer to. That said, there are definitely pros and there is a lot of potential.
Pros
- No deposit or withdrawal fees
- Backed by big industry names
- Deposits in multiple fiat currencies
- Leverage as high as 1:101 available
- Several trading competitions running
Cons
- Not available in the US
- Still a very young company
- Withdrawals limited until verified
How to open an account
Step 1
To sign up, click Register in the top right corner, and enter an email and password, and agree to the Terms of Service
Step 2
You can opt to take a platform tour, or skip, see your Fee Status (which you can deposit to lower) and then you will be prompted to opt in to 2FA
Step 3
Head to the Wallet and press Deposit to fund either with crypto or, upon verifying your account to KYC Level 3, use any one of the ten supported fiat currencies
- USD
- EUR
- GBP
- AUD
- HKD
- SGD
- ZAR
- CAD
- CHF
- BRL
What can I trade?
- Futures
- Spot contracts
- Leveraged tokens
- Volatility
- Perpetual futures
- Fiat/crypto
- Options
What are the costs?
- Leveraged tokens have creation and redemption 0.10% and a daily management fee of 0.03%
- Trading fees increase with use of leverage
- Discounts available for FTT (FT Token) holders
3 Comments
I wish I’d joined long ago. The platform is far superior to anything else, so much information It
makes trading much easier.
I can not find fault. Good service with excellent customisable layouts. Using your skills to explore
the many opportunities to make the best use of the wide array of signals & tools to create your own
strategies, enhance the trading experience. All can be easily saved for use on other charts. The
future looks bright.
Excellent and reliable online and mobile platforms and charting software on a wide range of
markets. Accurate execution of orders with the option of guaranteed stops. Good range of ways to
manage and fund accounts and confidence in them as an established market leader.