FTMO PipsPRO Review

About FTMO PipsPRO

FTMO PipsPRO operates without any valid regulatory oversight. Despite claiming to be based in the UK, the broker is not listed on the Financial Conduct Authority (FCA) register, and no licenses can be verified in official regulatory databases. This unregulated status exposes clients to significant risk, as investor protection mechanisms such as segregated accounts or compensation schemes are absent. The broker claims UK presence using an address at “9693 South Street, Motherwell, ML37 6JZ,” but this appears unverified. Delisting from FCA and denial of licensing confirms the lack of legitimacy.

FTMO PipsPRO offers multiple account tiers—“STARTER,” “SILVER,” “GOLD,” and “PLATINUM”—with minimum deposits ranging from £1 000 to £50 000. It also advertises access to various asset classes, including cryptocurrencies, forex pairs, indices, energies, individual stocks, options, and ETFs. Leverage is stated to vary by instrument, with claims of up to 5000× leverage for certain assets. The only deposit methods indicated are cryptocurrencies (Bitcoin and Ethereum), a point of concern due to their irreversible nature. Information on spreads, trading platforms, swap-free accounts, hedging, Expert Advisors, or base currencies is not provided.

Pros and cons

Pros

• Range of account tiers with varying minimum deposits (from £1 000 to £50 000)
• Access to diverse asset classes including crypto, forex, indices, energies, stocks, options, and ETFs
• High leverage offerings (e.g., up to 5000× for certain instruments)

Cons

• Completely unregulated—no FCA or other reputable license
• Cryptocurrency-only deposits—irreversible and high risk
• Lacks transparency on trading platforms, spreads, swap-free options, hedging rules, or EA support
• Operation flagged as scam, site inaccessible at times, substantial trust concerns