FortFS Review ️️ Pros and Cons Updated 2024

I can only withdraw the 1700 deposit amount.the MT5 history shows a balance reset operation (?) where 6500€ are supposedly withdrawn, but not to my account. Fort Financial Services Ltd operates under an international brokerage license issued by the International Financial Services Commission (IFSC) of Belize. To delete your FortFS account, contact the customer support team using the details in this review. The live chat team are particularly responsive and helpful. They can also provide account information and instructions on to delete your account. Users can withdraw funds using the same methods above and at the same commission rates.

Additional Features

Fort Financial Services LTD – a company behind the FortFS brand is doing business since 2010 and has not rebranded. The broker managed to expand into the Asia-Pacific market while retaining the image of a one-stop complete trading solution for any kind of a trader or investor. FortFS is known for its cent accounts, bonuses, platforms, and a great range of trading assets, that match their slogan, “Citadel of Trading”. I like the FORTFS broker with a wide range of trading tools.

Compare Trading Instruments

FortFS has established a Telegram channel for the latest promotions. MetaTrader 4 is also available in all versions, as a web trade, for mobile devices running on Android and iOS and for computers running on Windows. This time we have tested the Flex Account and we could find two FortFS servers, Live and Demo. There are 9 opened charts with custom backgrounds and themes with some indicators plugged in. They shut down their servers, cannot login to client area, no support or communication.

Spreads

Despite its regulation is not tight, FortFS offering acceptable conditions for trading in a variety of products through different platforms. These are FortFS no deposit bonus 2019 and deposit bonus. FortFS offers trusted and worldwide trading platforms such as MetaTrader 4, MetaTrader 5, CQG, and NinjaTrader. Duly-regulated brokers offer compensation plans that protect your money when there is an unexpected bankruptcy or withdrawal problem. One of them is the Financial Services Compensation Scheme (FSCS). The FSCS covers investors’ money up to the amount of £50,000.

FortFS Fees and Spreads

The advantage is that the company does not charge a commission for withdrawal and deposit. Furthermore, FortFS offers a deposit bonus from 10% up to 50% depending on the deposit amount. This bonus is also available every time traders make a deposit into their trading account.

  • For online payment services such as WebMoney, payments can be processed instantly.
  • This company presents this platform to traders to easily purchase Call or Put contracts of Binary Option market.
  • Fort Financial Services (FortFS) offers to trade in a wide range of products, such as forex, indices, commodities, metals, various CFDs (including on cryptocurrencies).
  • Most of these traders are also attracted to the leverage, bonuses and other promotions that can be abused.
  • FortFS once held a license by IFSC from Belize, a regulation that is regarded as mild anyway, but as of lately no license is held.
  • This bonus is deposit-free and does not require the deposit of own funds to withdraw the bonus and the bonus profit.

This is a red flag and we don’t recommend that our readers open trading accounts with unlicensed providers. There is no commission charged on forex and precious metals, however, there is a fairly complex and variable commission structure for all the other assets. So despite attractive spreads, commissions do bring up the overall cost of trading with Fort Financial Services.

Traders can also partake in social trading, with a designated platform, and have the option of managed accounts. Compare FortFS with the top 3 similar brokers that accept traders from your location. Customer reviews are typically impressed with the low withdrawal limits and prompt payment times. fortfs review Fort Financial Services Ltd was founded in 2010 and operates from St Vincent and the Grenadines. The team has since expanded its services to Asia, with additional offices established in Malaysia and Indonesia. Its clients too can be found worldwide, from the UK to Singapore and South Africa.

This shows how strict it is to be a member of this organization. Withdrawals are processed within 3 business days after approval by the broker. Available payment methods are Credit Cards, Wire, Neteller, Skrill, WebMoney, Perfect Money, RBK Money, ExpoBank. Online platform allows you to track all of your trading activity from any computer with an internet connection without the need to download and install the MT4 terminal.

The compensation can be withdrawn from your account without restrictions. One of the additional services is the S.T.A.R – Short Term Assets Revenue, an investment service that allows investors to select their investment manager according to their criteria. This service makes this broker one of the most complete in the unregulated class, yet the regulation would surely cut most of the great benefits. As their staff responded to us, the license application in Belize was not completed even they had met all of the requirements. For investors, it is simple, all these benefits come with a certain risk that may be acceptable if good Money Management is applied. FortFS has a very good customer service that could be contacted with a ticket system within the client portal, phone, and email.

The profit received with the help of this promotion becomes available for withdrawal after reaching a certain trading volume, equal in lots to half of the bonus amount. The project https://forexarena.net/ provides customers with unique investment services and CopyTrading, which are the development of specialists of the company. Such service as S.T.A.R. is a form of trust management.

Megaprotect Bonus acts like margin support funds during a drawdown. It is available up to 100% deposit and also for cent accounts. Flex and Fort Accounts with no active bonuses obtained are eligible.

Traders will find that through these live accounts, FortFS offers competitive trading conditions along with comprehensive solutions and services. As an offshore regulated broker, it is required to keep client funds in segregated accounts from the broker account. The purpose of keeping funds separate from the broker account is that ensures that traders only use these funds to conduct trading activities. Brokers often offer these broker bonuses to new traders to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus assures traders that they will receive some money back depending on the initial deposit made. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

Major cryptocurrencies are present with the addition of a few interesting ones like NXT, DashCoin, Stellar, Monero, Augur, Zcash, EOS, and Etereum Classic. Precious Metals are in full 4 popular range, Platinum, Gold, Palladium, and Silver. Gold and Silver can also be found with the EUR quote making a total of 6 instruments.

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