A closer look at FortFS Forex broker See our findings here!

VISA, MasterCard and Qiwi can also be used for Ruble deposits, not just EUR or USD. As for already known Metatrader 5, we can say it works very well with FortFS servers. There is only one server to select – FortFS live with a ping of 53ms.

  • Forex features 51 currency pairs out of which 14 currency pairs can also be traded with zero spreads but with a commission.
  • In addition to bonuses, the broker also has interesting types of contests.
  • These accounts offer traders more features according to their trading needs and objectives.
  • It goes against our guidelines to offer incentives for reviews.

FortFS is a multi-asset trading broker offering a range of tools & resources. Claim your listing for free to respond to reviews, update your fortfs review profile and manage your listing. The decision about which platform to choose will always depend on what a client would like to trade.

FortFS Company Overview

FortFS offers both fixed and floating spreads accounts and a spread list that is transparent. None of the accounts offer complete commission-free trading. This professional high-technology trading terminal is specially developed for internet trading in global markets of derivatives, futures, options, indices as well as spreads, and OTC products. Fort Financial Services offers trusted and tested trading platforms to provide the best services such as MetaTrader4, MetaTrader5, CQG, and NinjaTrader. A multi-asset trading platform is one that allows clients to trade forex but other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies as well. Traders will find that through these live accounts, FortFS offers competitive trading conditions along with comprehensive solutions and services.

  • Just as the numerous stages and client care, this survey covers live and demo account types, in addition to no store welcome rewards.
  • FortFS has many other promotions that are offered for a certain period.
  • Its intuitive interface allows for a powerful and seamless experience, whilst its suite of advanced features suit various trading styles.
  • There is also up to 50% deposit bonus when you start making deposits into your account.

We use dedicated people and clever technology to safeguard our platform. The risks involved in using unregulated companies like FortFS include the inability to file a complaint with a credible regulatory authority in case of a dispute. Unfortunately, FortFS is not a trustworthy company to deal with, as they are not registered or regulated by any major regulatory authority, such as the Financial Conduct Authority (FCA). If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means they are unregulated and should be avoided.

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Withdrawals need to be made using the same method as the original deposit unless specified by the broker. The available methods are the same but they have different costs. Visa and MasterCard withdrawals have $20 minimum and 2.5% commission while Perfectmoney has the same 1% commission for withdrawals too. For withdrawals, we also had an Expobank transfer option without commission. 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.

Demo Account

FortFS provides traders with access to exclusive and professional trading terminals. The MT4 trading terminal is one of the most popular trading terminals in the world due to its versatility and convenience. Overall, the platform is designed and superior for scalpers that need to have extra options for their strategies or automation. If you want to have this platform when trading with FortFS be ready to deposit $10,000 and accept the fact that micro-lot order sizes are not supported and trade only Futures instruments. On several occasions, the broker put great efforts to prove their legit nature, and even publishing proof online. The website is very well organized considering so many services, some typical marketing is present but the majority of content has useful information.

Company information

Each account has its own set of trading conditions that serve the purpose of meeting the trading needs and objectives of various kinds of traders, whether beginner or professional. 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”. FortFS offers standard terms when it comes to its deposit and withdrawal service. For online payment services such as WebMoney, payments can be processed instantly.

The material consists of 7 parts with topics that are related to the company and with trading in general. For example, Part 7 – Trading with Futures is a few page long tutorial on Futures contracts but also how to trade with them using the platform and FortFS services. Other parts could be longer, as the Technical Analysis with good content quality. In addition to bonuses, the broker also has interesting types of contests. For example, FortFS organized a contest for the Financial analyst with prizes but also a position in the company, $1000 Contest is rewarded for completing social network tasks, and more.

Spread expansion is about 10 fold during higher volatility and this measurement can be used for Stop Loss orders placement to avoid the spread triggering. XAU/USD spread is around 70 pips during Friday closing, Palladium 2300 pips and Platinum 500. The BTC/USD has 3 digits price precision so the spread was $144 per coin. We have counted a total of 41 ETFs that are very diversified and are a great complement to other assets. From precious materials, ETFs traders can find GlodMiners, Diamonds, and S&P Metals and Mining ETFs.

Please check full details, parameters, and user reviews of this broker here and leave your feedback/trading experience so that other traders can be benefited. FortFS has recently expanded its services to include CFD trading based on cryptocurrencies. Clients are free to trade Bitcoin, Bitcoin cash, Ethereum, Litecoin, Ripple, and Dash, which are among the most popular coins in the market today. With FortFS, traders have the option of a dedicated Islamic Account, namely the Newbie Account. Traders also have the option of converting the Fort and Flex Account into an Islamic Account. These accounts offer traders more features according to their trading needs and objectives.

There is also a Telegram channel and social network pages that are well managed. The staff is responsive, you will not wait more than a minute for a response. No marketing or KYC will be condoned and the approach is purely supportive. Technical and Fundamental analysis is provided in-house and updated daily. The technical analysis material is mostly based on Price Action, RSI, ADX and Bolliger Bands indicators with an interpretation of additional graphics. Support and Resistance levels are marked with some more info on what is going on in the market, but very basic.

To qualify, after registering a real account and subsequently verifying it, traders can select the ‘welcome bonus’ from their member’s area. There is no commission charged on forex and valuable metals. Nonetheless, there is a genuinely perplexing and variable commission structure for the wide range of various resources. So regardless of alluring spreads, commissions do raise the general expense of exchanging with Fort Financial Services. With the Newbie and Flex accounts, drifting spreads are accessible and start from 0.3 pips.

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