deposit:
- $5
Trading platform:
- MT4
- MT5
- Ninja Trader
- CQG Trader
- CQG Q Trader
FortFs Review 2024
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of FortFs Trading Company
FortFs is a company that has been operating on the market for over 10 years and is a universal broker providing a wide range of services to traders and investors. The list of available instruments for trading includes more than 150 classic and exotic currency pairs, about 50 CFDs on ETFs and CFDs on US stocks, as well as all types of commodity and financial futures. The broker monitors market trends and is characterized by providing highly informative trading services, including the expiration history of CFDs on futures and fundamental analytics. Over the past year, FortFs has shown a 35% increase in the number of active traders, launched 15 contests and promotions, and received awards in 3 nominations from independent publications.
👍 Advantages of trading with FortFs:
- developing policy of support for beginners - auto-compensation of unprofitable trades and a minimum deposit of USD 5 attract novice traders and contribute to their professional development;
- favourable trading conditions, including low spread and execution speed from 0.1 seconds, ensure high efficiency of the trader's work;
- a multi-level affiliate program gives you the opportunity to receive stable passive income.
👎 Disadvantages of FortFs:
- there is no independent regulator;
- there is no forum for traders to communicate;
- no segregated accounts;
- the broker is not under external audit;
- there are restrictions on the withdrawal of funds from one account per day;
- the support service does not work around the clock;
- complex system for calculating bonuses.
Geographic Distribution of FortFs Traders
Popularity in
User Satisfaction i
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- Best
- Last
- Oldest
Investment Programs, Available Markets and Products of the Broker
Modern trading opportunities allow you to profit not only from independent trading but also from investing in the accounts of successful traders. This type of earnings is gaining popularity every year. Fort Financial Services provides traders with several options for alternative earnings on investments.
S.T.A.R.-investments - a profitable way to invest capital
S.T.A.R. Service is a form of trust management of invested capital. Each investor independently chooses a manager from the overall S.T.A.R. and invests a certain amount in his account. S.T.A.R.-managers carry out trades using their own and invested capital. The resulting profit can be withdrawn to a bank account or reinvested.
S.T.A.R.-service’s features:
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transparent system of profit distribution;
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loss protection mechanism;
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publication of the managers rating.
The FortFs Broker is not responsible and does not share the risks of trades in this program.
Copytrading - service for copying deals
For traders, a service is available that allows automatic copying of trades of successful traders. There are two options for working. You can register as a master and provide a subscription to trading signals from your master account. You can become a member and copy the deals of the masters.
Copytrading advantages:
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refund of payment when there are no signals;
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copying in 0.1 seconds;
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full control over trade.
The broker regularly publishes a rating of successful master accounts based on the profit margin growth rate.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
FortFs’s affiliate program
Fort Financial Services has developed a multi-tiered affiliate system. Detailed conditions are spelt out in the affiliate agreement, which is necessarily accepted by each participant. Types of affiliate programs:
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Broker. Affiliate status and percentage of remuneration depend on the number of closed lots for the past month in the affiliate's client portfolio. There are several levels of partners: broker, introducing broker, master broker. The program is attended by Flex, Fort and Pro accounts;
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Webmaster. The essence of the program is to build your own affiliate network. Referral links for Webmaster 3 and Webmaster 5, received during registration in the program, allow you to attract new members. Affiliate remuneration is paid not only from direct attracted clients but also from traders attracted by sub-affiliates. The amount of payments depends on the type of open account with partners and the number of closed lots.
Affiliate program statistics are available in your personal account.
Trading Conditions for FortFs Users
FortFs trading conditions are suitable for beginners and experienced traders. There are cent accounts - with a low minimum deposit and a low spread. There are accounts for professionals - with market order execution and interbank ECN liquidity.
$5
Minimum
deposit
1:100
Leverage
24/5
Support
💻 Trading platform: | MT4, МТ5, CQG Trader / CQG QTrader, NinjaTrader |
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📊 Accounts: | Newbie, Fort, Flex, Pro |
💰 Account currency: | USD, EUR, USD cents, EUR cents |
💵 Replenishment / Withdrawal: | WebMoney, PerfectMoney, Skrill, QIWI, Neteller, Visa/Mastercard, FasaPay, banks in Indonesia, Vietnam, Thailand, Malaysia |
🚀 Minimum deposit: | Newbie, Fort, Flex —USD 5; Pro — USD 500 |
⚖️ Leverage: | Newbie — only 1:1000; Fort, Flex — 1:1000; Pro — 1:100 |
💼 PAMM-accounts: | No |
📈️ Min Order: | Newbie - 0.01-10 lots; Fort, Flex, Pro - 0.01-100 lots |
💱 Spread: | Newbie - floating from 0.3 points, Fort - fixed from 2 points, Flex - floating from 0.3 points, Pro - floating from 0.1 points. |
🔧 Instruments: | Over 150 currency pairs, CFDs, futures, options |
💹 Margin Call / Stop Out: | Newbie — 5% / 0%; Fort, Flex — USD/EUR: 0% / 25%; USD/EUR центы — 30% / 10%; Pro — 80% / 40% |
🏛 Liquidity provider: | Hotspot ECN, CME Group |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | Newbie, Fort, Flex — from 0,3 s; Pro — от 0,1 s |
⭐ Trading features: | Automatic notification of traders about approaching the Margin Call level, maintaining the history of futures contracts expiration, special accounts for beginners, VPS servers, free analytics |
🎁 Contests and bonuses: | Welcome bonus, deposit bonus + 50%, deposit bonus 200% MegaProtect Bonus, Quiz, RateBalltle, Autorebate |
FortFs Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Newbie | From $3 | No |
Fort | From $2 | No |
Flex | From $3 | No |
Pro | From $1 | Yes |
Research has shown that there are no hidden fees. Newbie accounts do not charge rollovers, Flex, Fort accounts may incur a 10% rollover fee. The size of the trading commission of the broker FortFs was also analyzed in comparison with similar indicators of competitors - Admiral Markets and FXPro. Each of the brokers was assigned a result, depending on the size of the commission: low, medium, high.
Broker | Average commission | Level |
FortFs | $2.25 | Medium |
RoboForex | $1 | Low |
Pocket Option | $8.5 | High |
Detailed Review of FortFs
FortFs has been on the market since 2010. During this time, it has established itself as an ideal broker for beginners and experienced traders. The company is known to traders for its deep analytics: technical, fundamental analysis, weekly and monthly reviews, and trading signals. FortFs is one of the few brokers that can work on 4 platforms: MT4, MT5, CQG, NinjaTrader.
A few facts about FortFs that will be of interest to new traders:
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the company was recognized as the best Forex broker in 2019 by the decision of the independent resource Fxdailyinfo.com;
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FortFs was named the best broker, as well as the best provider of news and analytics in 2019 according to the independent resource Fxdailyinfo.com;
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the company became the best Forex broker for beginners in 2019 according to the MasterForex-V Trading Academy.
FortFs is the optimal broker for active trading
Favourable trading conditions are the main competitive advantage of the broker. Spread from 0.1 p., Execution speed from 0.1 seconds, quotation accuracy up to 5 digits and the absence of restrictions on strategies make working with a broker comfortable and profitable. A VPS server is available for traders when there is at least USD 1000 on the balance of the trading account.
Analytical services of the FortFs broker:
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technical analysis;
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fundamental analysis;
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weekly reviews;
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monthly reviews;
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trading signals.
Advantages:
the list of trading instruments includes more than 150 Forex currency pairs, CFDs for oil, gas and precious metals, indices, futures and cryptocurrencies. Each trader can fulfil his potential by choosing the right instrument;
the existence of a perpetual cent account and auto-compensation of unprofitable trades is a profitable offer for beginners;
for VIP traders there are additional spread compensation systems and exclusive working conditions;
the publication of the history and expiration rules of CFDs on futures allows you to monitor the expiration date of the contract or the onset of the date of completion of the trade.
FortFs allows you to combine active trading and investing. Investment services S.T.A.R. and Copytrading make it possible to effectively manage your own capital.
How to Start Making Profits — Guide for Traders
The broker offers several types of accounts. Trading conditions for accounts depend on the level of professionalism of the trader. Account currency can be USD or EUR.
Account types at FortFs:
To get acquainted with the broker and test the possibilities, you can open a demo account.
Bonuses Paid by the Broker
Welcome bonus
Welcome Bonus is available for new traders in the amount of USD 35 or 3500 cents. The peculiarities of obtaining it can be found on the Youtube channel.
Deposit bonus
When replenishing your account, you can choose a bonus of 10%, 20%, 30%, 40%, 50%, which will be credited to the deposit.
MegaProtect Bonus
Traders receive a bonus of + 100% of the deposit amount and 100% protection against drawdown.
Autorebate
The bonus makes it possible to compensate up to 30 for each lot.
Bonus from Traders Union
All traders who have opened an account with FortFs through a referral link from Traders Union will receive a spread refund of up to 80%. The rebate is charged regardless of the result of the trade. If you already have an open account with FortFs, here you can find a step-by-step description of how to link your brokerage account with a Traders Union’s account to recover your trading costs. If you are already an FortFs customer, here's how to link your current broker account to your Traders Union account.
Investment Education Online
FortFs has developed its own training course, which consists of 7 blocks that reveal the basics of trading. The broker provides a glossary and full analysis of the Forex market, including technical and fundamental analysis, weekly and monthly reviews. Beginners will find the FAQ section useful, where you can learn the specifics of working with a broker.
Security (Protection for Investors)
Fort Financial Services LTD is registered in the territory of the state of Saint Vincent and the Grenadines as an international business company with registration number 25307 BC 2019. The company has the right to carry out any activity permitted by the Law on International Business Companies (including as amended), chapter 149 revised in 2009 Saint Vincent and the Grenadines Act. The company is permitted to carry out any commercial, financial, lending, borrowing, trading, service and participation in other businesses, as well as provide brokerage, training and manage accounts trading currencies, commodities, indices, CFDs and financial instruments using leveraged funds.
According to the client agreement, which comes into force from the moment of registration on the broker's website, if the dispute between the trader and the broker has not been resolved within the company, it will be referred to the regulator at the place of registration of the company.
👍 Advantages
- The broker maintains an anti-money laundering policy
- The order of the relationship between the broker and the trader is governed by the client agreement
👎 Disadvantages
- There is no activity regulator
- Broker does not get audited externally
- Traders' cash accounts are not insured
Withdrawal Options and Fees
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The broker has restrictions on the number of funds for withdrawal. You can withdraw from one account per day: to a Visa / Mastercard - from USD 20 to 2000 or the equivalent in another currency; through QIWI - up to USD 1000 or the equivalent in another currency; Neteller - USD 5–2000 or equivalent in another currency; FasaPay - USD 5–2500 or equivalent in another currency; banks in Indonesia, Vietnam, Malaysia, Thailand - USD 15–2000 or the equivalent in another currency. For payment systems WebMoney, PerfecrMoney there is no restriction on the withdrawal of funds.
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There is no commission for withdrawing funds through WebMoney, Skrill, QIWI, Neteller, banks in Indonesia, Vietnam, Thailand, Malaysia. For other payment systems, the commission varies from 0.5 to 2.5%.
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Electronic payment systems additionally withhold a commission for converting payments. The size of the commission is specified in the terms of the EPS services provision.
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Withdrawal of funds via Visa / Mastercard occurs within 3-7 days from the date of processing the application. Withdrawals through banks in Indonesia, Thailand, Vietnam, Malaysia are carried out within 48 hours. Withdrawal via EPS occurs immediately after the application is processed.
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USD and EUR are available for withdrawal, depending on the selected system.
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Withdrawal of funds to a bank card is possible only after passing the verification procedure and providing photos or scanned copies of documents.
Customer Support Service
Technical support is available in 14 languages and is available from Monday to Friday. You can ask your questions both in writing and by calling. All support calls are free.
👍 Advantages
- Multichannel support service
- Consultants respond quickly in online chat
- Multilingual specialists
- You can contact the finance department directly
👎 Disadvantages
- The support service is closed on weekends and at night
To ask the support service a question, you can use several communication channels:
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send a letter to the mail;
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ask a question in the online chat;
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fill out the feedback form;
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call the specified phone number.
Contacts
Registration address | Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown, St |
Official site | fortfs.com |
Contacts |
Email:
support@fortfs.com,
Phone: +371 67 66 0716 |
To start working with the Fort Financial Services broker and gain access to all services, you need to register on the site and go through the account verification procedure.
You can enter the system from the broker's home page by clicking the "Register" button.
For successful registration, you must specify: last name, first name, patronymic, country of residence, city, zip code, current phone number, e-mail and come up with a password. After registration, a letter will be sent to the mail with a link to activate your account. After registration, within 10 days, it is imperative to verify the phone number and identity documents. It is necessary to provide scanned copies or photos of two documents (main and auxiliary). After the 10-day period expires, the account without verification will be blocked.
The trader's personal account contains a full set of functions that a trader needs to work. Personal account features:
Also in your Personal Account, you can:
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activate the partner's office, monitor statistics and control the accrual of remuneration;
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maintain Copytrading accounts;
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track and display payments under the Autorebate program;
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contact support.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
FAQs
Why has FortFs been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against FortFs by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of FortFs is down, not updated or operates with clear errors and some features are not available;
• FortFs has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if FortFs got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why FortFs got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from FortFs?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if FortFs is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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