Disliked{quote} Question, who regulates FTMO? The regulator will be able to tell you if they are licensed for real accounts. That would be good to know.Ignored
1. You do not deposit your own money into their trading system, so they are not brokers.
2. They do not accept investments from third parties and let others trade with them, so they are no asset managers.
They are most closely matched with the leisure industry: you buy a ticket to enter a game of skill, and if you play by the rules you can win a prize.
Then you have firms such as Darwinex:
1. You do deposit your own money into their trading system. They are FCA regulated as a Broker.
2. They do accept investments from third parties and let others trade with them. They are FCA regulated as an Asset Manager.
Not plugging anyone, just pointing out the difference.
Always read Post #1
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