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Choosing a reliable trading platform is crucial, and with the rise of fraudulent brokers, caution is essential.
Future Flare Finance, a relatively new CFD broker, offers a range of products including stocks, Forex, indices, cryptocurrencies, and commodities.
Despite some attractive features, significant legitimacy concerns suggest investors should approach Future Flare Finance with extreme caution.
This review examines Future Flare Finance to explore the services they offer, their support for traders, key features, and overall legitimacy.
Overview of FutureFlareFinance
🌐 Site URL | futureflarefinance.com |
📍 Address | 2A Woodlands Road, Aigburth, Liverpool, England, L17 0AW |
📞 Phone | +44 74 0762 5584, +44 20 3376 7596, +44 20 3856 3240, +61 870713991 |
support@futureflarefinance.com | |
🏦 Company | Crypto Solutions Limited |
Is Future Flare Finance a Legit Broker?
Future Flare Finance’s legitimacy is under serious scrutiny as the company claims to operate out of the UK but does not adhere to the FCA’s leverage rules, which cap leverage at 1:30 for retail traders. Instead, Future Flare Finance offers leverage up to 1:400, far beyond the regulatory limit.
Additionally, the company operates without comprehensive documentation such as terms & conditions or privacy policies available on their website, leaving clients unaware of their rights and the company’s obligations.
The FCA has issued a warning against Future Flare Finance, cautioning potential investors about the risks of dealing with this unregulated entity.
Furthermore, the connection between Future Flare Finance and FutureFlare Group, which offers recovery services for financial fraud victims, is particularly alarming.
This dual operation suggests a potential scheme to exploit already vulnerable individuals twice: first through dubious trading practices and then through a fraudulent recovery scheme.
Services Offered by Future Flare Finance
Trading Account Types
Future Flare Finance provides a range of trading products and account types:
MINI Account ($250):
- Leverage 1:200
- 25% margin
- Daily news
- Weekly market review
- Trading webinar
SILVER Account ($10,000):
- Leverage 1:200
- 35% margin
- Account manager
- Daily market review
- Daily market analytics
- Wallet building
GOLD Account ($50,000):
- Leverage 1:200
- 50% margin
- Daily market analysis
- Deep market analysis
- Trading webinar
- Wallet building
DIAMOND Account ($100,000):
- Leverage 1:300
- 75% margin
- Daily market analysis
- Deep market analysis
- Trading webinar
- Personalized learning
- Managed wallet
V.I.P Account ($250,000):
- Leverage 1:400
- 100% margin
- Daily market analysis
- Deep market analysis
- Trading webinar
- Personalized learning
- Managed wallet
- Higher payments
- Tight differentials
Trading Signal Services
In addition, Future Flare Finance offers trading signal services:
Buster Signals ($1,250 every 3 months):
- Strategy signals based on tactical models
- Trading only US30/DJI30
- Signals sent with pending orders
- One SL and one TP
- Daily signals sent at the same time via Telegram
Prop Trading Formula ($1,700):
- One-hour funding system course
- One-time payment
- 100% funding with this system
- Limited spots
- One-hour recorded course
Forex Swing Signals ($750 every 3 months):
- Signals with pending orders
- Entry price, SL, and TP provided
- 12 trades per week
- Trades offered Sunday night
- Signals sent via Telegram
Customer Reviews and Testimonials
A look at Trustpilot reveals a mixed bag of reviews for Future Flare Finance, with a rating of 3.3 out of 5.
However, many reviews appear to be fake, posted to boost the company’s reputation.
Numerous reviewers have claimed to be scammed, reporting issues with withdrawing funds and disappearing customer support.
Frequently Asked Questions (FAQs)
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Is Future Flare Finance regulated by any financial authority?
No, Future Flare Finance is not regulated by any financial authority. It does not comply with FCA regulations and has received an FCA warning.
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What are the account types and minimum deposit requirements at Future Flare Finance?
Future Flare Finance offers five account types: MINI ($250), SILVER ($10,000), GOLD ($50,000), DIAMOND ($100,000), and V.I.P ($250,000), each with different levels of service and benefits.
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Are there any issues with withdrawing funds from Future Flare Finance?
Yes, many users have reported significant difficulties and delays when trying to withdraw funds from Future Flare Finance, raising concerns about the platform’s reliability.
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What assets can I trade on Future Flare Finance?
Future Flare Finance offers trading in stocks, Forex, indices, cryptocurrencies, and commodities.
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Is Future Flare Finance considered a trustworthy broker?
Based on the available information, Future Flare Finance exhibits several red flags typical of fraudulent organizations, including the lack of regulatory oversight, negative user reviews, and its blacklisting by the FCA.