Let’s answer this question in a detailed review of the broker. Traders can utilize web browser of any smart device or PC to access their trading accounts via this platform. This company presents this platform to traders to easily purchase Call or Put contracts of Binary Option market. This company represents innovative and cutting edge market services in addition to fast, secure and modern trading platform.

FortFS What You Need to Know about the Belize Based Broker

As far as non-regulated brokers go, FortFS does well to ensure transparency with its pricing as well as maintaining a decent reputation for customer focus. Still, we always recommend caution when opening an account with an unlicensed provider due to scam concerns. The User Agreement is one of the most important criteria for choosing a broker for cooperation.

  • Using the information found here, it will be easier for the trader to make an optimal trading decision at the right moment.
  • Fort Financial Services Ltd operates under an international brokerage license issued by the International Financial Services Commission (IFSC) of Belize.
  • The forex trading platform is in essence the software provided by Fort Financial Services to its clients to carry out their trades.
  • The final grade is given based on Fort Financial Services FX broker performance and features.
  • The Review of Financial Studies is a major forum for the promotion and wide dissemination of significant new research in financial economics.

Company Information

In general, the company still has a positive impression. Verification of ID is done easily after clients upload proof of their identity. They also have an easy-to-use interface which helps the overall customer experience.

Fort Financial Services Reviews

Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years. The forex trading platform is in essence the software provided by Fort Financial fortfs review Services to its clients to carry out their trades. Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what FortFS has to offer. Fort Financial Services Ltd is not currently regulated.

Does FortFS offer a demo account?

The Review of Financial Studies recently launched a dataverse where authors will post code. Please make sure your comments are relevant and that they do not promote anything. The “Liability of Parties” section notes that the company can investigate and identify any violations of this agreement committed by the customer at any time. 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 Trading Information 2024

The website is currently offered in 14 different languages, which makes FortFS a truly global broker. Overall, Fort Financial Services can be summarised as a credible and trustworthy broker and is considered average risk with competitive trading fees and spreads. Fort Financial Services have four account types offered- Newbie, Fort, Flex, and Pro. If you’re looking for a range of trading platforms and tools, as well as attractive no deposit bonuses and welcome deals, then FortFS may well tick the box.

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Fort Financial Services FX broker performance and features. 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.

Note that for certain platforms, like NinjaTrader and CQG you will need $10,000 and $15,000 minimum. If you deposit by local bank transfers the minimum will be $20 as well as for deposits by Skrill, VISA or MasterCard. The broker offers clients four different platforms to choose from for forex and CFD trading – MetaTrader 4 and 5, CQG and NinjaTrader. It also provides a comprehensive comparison between the different platforms to help clients choose which platform best suits their needs. Offering a variety of platforms also allows for more flexibility in trading. FortFS offers both fixed and floating spreads accounts and a spread list that is transparent.

NinjaTrader platform is available with Fort Financial Services as a high-performance software for active users. There are advanced charting, market analysis, simulation, automated solutions and full range of options spreads OTC, and futures. Some additional information to this FortFS review that is important for investors. FortFS location cannot be determined and shares the common Belize location with many other off-shore brokers, some of which have scam reputation. FortFS does not give that impression at all, and most of the trust comes from their hard-to-achieve level of service and solid user ratings. Some of the bad ratings could come from traders that do not respect the bonus rules or use other prohibited techniques like quotes delay arbitrage and so on.

With the Fort account, spreads are fixed from 2 pips, and in the Pro account, floating spreads start from 0.1 pips. Major pairs in the Pro account are the most competitive, at around 0.3 pips for the EUR/USD. In the Flex account, however, you’re looking at around 1.2 pips for the EUR/USD. Traders recommend the company, noting the quality of service. There are also negative moments, which the representative of the company monitors and deals with the problems that arise. All this positively characterizes the company and proves that it is not a fly-by-night broker.

Access to the forex market The trader is provided by the broker. To do this, he uses the trading terminal, which is a specific software package. It is through the trading terminal via the network-internet speculator makes purchases and sales of assets. The quality and reliability of the software largely determines the comfort and profitability of performed operations.

The platform is connected to many exchanges globally such as CBOT, CME, COMEX, GLOBEX, IOM, SGX, NYMEX, KCBT, SFE, Eurex and a few more. Made for professionals who need to deposit at least $15,000 and no ability to have micro-lot sizing. People who write reviews https://forexarena.net/ have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. FortFS is a multi-asset trading broker offering a range of tools & resources. The deposit options may be limited for certain jurisdictions.

A unique benefit of the Newbie Account is the 10% compensation on closed losing trades but at a cost of no bonus eligibility. For Cent accounts, the maximum volume is 10 standard lots per tradeable instrument. FortFS is most recently known for receiving multiple awards in the 2017 Forex Awards, such as the ‘Best Execution Broker’ and ‘Best Forex Broker Middle East’.