This company does not appear to be regulated by any government authority at this time. Be careful and cooperate with the trusted brokerage companies only. To publish a PRO-type review, all fields in the form must be filled out. FortFS has many other promotions that are offered for a certain period. Some of them are additional Profit Bonus, $75 Welcome Bonus, “888” lucky draw, Autorebate Extra, and so on. FortFS has established a Telegram channel for the latest promotions.
- XAU/USD spread is around 70 pips during Friday closing, Palladium 2300 pips and Platinum 500.
- Good deposit bonuses, no deposit bonuses, AUTOREBATE (I connected to my account).
- Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews.
- They also have an easy-to-use interface which helps the overall customer experience.
Trading instruments
In this component, they are one of the market leaders. Trading conditions on all instruments are competitive. I chose for myself the FLEX account – a good balance between the size of floating spread and nice market execution. For my manual trading strategy, these trading conditions work very well. Everything is intuitive from the very first time I started using it.
Reviews from traders
Unfortunately, the company is not authorized by a regulatory body with strict requirements. Fort Financial Services LTD is registered in Saint Vincent and the Grenadines under registration number BC 2019. The company has entered into a partnership agreement with Era Today Ltd, a Cypriot company that serves as a payment provider. You need to be careful when working with offshore companies, as they do not have as strict regulatory requirements as companies regulated by EU bodies.
The NinjaTrader trading terminal is a professional platform offering market analysis, development and testing of trading systems. Clients can trade futures and currency pairs using algorithmic and automated systems, as well as high-frequency trading strategies. It is intended for professional traders and is not free of use. As we have always recommended, it is good to be aware of the regulations of the brokerage company you are interested in.
Most people have general problems with…
FortFS provides a robust trading platform that empowers investors with cutting-edge tools, market insights, and educational resources to maximize their financial potential. Whether you’re new to trading or an experienced professional, FortFS ensures a seamless and secure trading experience. FortFS has one of the most extended promotions and bonuses structure we have encountered. Starting with the classical Welcome Bonus, a kind of volume-based bonus that is withdrawable after 20 lots traded within 45 days timeframe, without deposit requirements.
- FortFS provides a robust trading platform that empowers investors with cutting-edge tools, market insights, and educational resources to maximize their financial potential.
- For precious metals swaps are calculates in percentage terms per annum.
- NinjaTrader has an insight into true market depth, simultaneous orders at different prices which opens special possibilities for experienced fast trading traders.
Demo Account
Flex and Fort Accounts with no active bonuses obtained are eligible. Stop Out will not be triggered even when funds reach this level.Unlimited Leverage, a unique offer from FortFS is an option to have unlimited leverage. The requirements are numerous, mostly restrictions of this leverage to volatile periods.
With this issue, we have doubts if the Pro Account provides any special value, as the execution time was one of two major advantages. Still, both execution times are among the top tier in the industry. FortFS did not want to change the client defaults so 4 non-working charts may not be a good presentation to a novice if they decide to go with the Pro Account type.
Is there any chance to recover my money if FortFs is a scam?
FortFS client portal showed us fewer deposit options than what is officially presented on the broker website so the deposit options will be limited for certain jurisdictions. VISA and MasterCard are also supported without commission. The only channels listed that have commission are PerfectMoney with 1% and FasaPay with 0.5% commission. VISA, MasterCard and Qiwi can also be used for Ruble deposits, not just EUR or USD.
The ping was about the same as with the MT5 at 52ms. There are 9 opened charts with custom backgrounds and themes with some indicators plugged in. FortFS (Fort Financial Services) is a Belize-registered online forex & CFD broker that was rebranded in 2014. The broker used to be known as Tradefort, which was owned by One Vector Group Inc., but is now simply branded as FortFS. The broker has been operating since 2010, and is regulated by the Belize government regulator known as IFSC. FortFS is a forex broker located in Belize, regulated by the International Financial Services Commission of Belize (IFSC).
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Most probably Fort Financial Services LTD acts as a principal and is a counterparty to every client’s order. It is the sole execution venue and takes all the risk by itself, acting as a market maker. Being a market maker involves a conflict of interest because when the company executes orders, it keeps the risk to itself. Every loss for customers is a profit for the company. Technical and Fundamental analysis is provided in-house and updated daily.
Cryptocurrencies also have percentage swap and they are -20% on all. Swaps are tripled on Wednesdays and for Crypto on Fridays. Trading shares is not possible with Newbie Account anyway, also ETFs are out. Leverage is high and enough for most, without the possibility to reduce it. Margin levels are very tolerable so newbies can trade until no equity is left, Stop Out is at 1% and Margin Call at 5% level.
The Newbie account does not offer CFDs on shares and the Pro account only offers CFDs on forex and commodities. The CQG fortfs review market terminals are professional high-technology trading terminals developed for online trading of derivatives, futures, options, indices as well as spreads and OTC products. Keep in mind that the terminal is not free of use and there are fees per month and per contract. There are four types of live accounts you can open with FORTFS, which differ in the required deposit amount, maximum leverage, spreads offered and commissions.
Former company domains are TradeFort.com and TradeFort.ws. MetaTrader 4 (MT4) is known for its flexibility and convenience. The built-in indicators help customers perform real time market analysis. The ability to trade with the help of expert advisors (EAs) allows traders to open positions automatically at the right time. I do not withdraw the funds accrued on it, but use it in trading. It is a pity that the rebate cannot be combined with other bonuses.