FortFs Review 2024
Minimum
deposit:
  • $5

Trading platform:

  • MT4
  • MT5
  • Ninja Trader
  • CQG Trader
  • CQG Q Trader

FortFs Review 2024

Updated: October 06, 2023
Updated: October 06, 2023

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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.

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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

45.07%
RU
Russian Federation
8.67%
UZ
Uzbekistan
5.75%
UA
Ukraine
4.24%
EG
Egypt
2.54%
IR
Iran
2.45%
IN
India
2.22%
BY
Belarus
1.98%
TH
Thailand
1.84%
US
United States
1.81%
BD
Bangladesh
23.43%
Others
Others

FortFs Latest Comments for 2024 i

20 comments
Total score:
6.5 /10
  • Best
  • Last
  • Oldest
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Hariyadi

I have been using FortFS services for several years. So far, everything is okay. I mainly trade in mobile MT4, but sometimes I also go through WebTrader. Both terminals are stable. The broker does not hold a penny for making a deposit or for withdrawing funds. There are a whole bunch of supported payment systems, so you can withdraw not only to cards and bank transfers but also to electronic wallets. You can work without verification, but this somewhat limits the possibilities. For example, to receive bonuses, you need to provide scanned copies of documents. And a bank card cannot be used without verification.

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gabrielforex

With FortFS, I was interested in almost zero spreads and the STAR investment service. I'm not ready to immediately transfer $1,000-1,500 to the manager, as other brokers require, and FortFS requires only $100 to start investing. The resulting income can not only be withdrawn, but also reinvested, which is a priority for me, because these funds are my reserve capital, and I never use them for trading. In general, the conditions of FortFS suit me, but it would be nice to speed up the withdrawal to the cards.

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kindheart123

I have been trading for over five years. For the last few years, I have been working with FortFS. I trade on a VIP basis, as I have $25,000-30,000 on my balance. The broker fully compensates for the costs associated with deposits and withdrawals, and also returns 7% of trading commissions. Fort Financial Services calculates annual funds on the balance of free funds. At the same time, there is no payment for the terminal or account maintenance, like some other Forex brokers. For currency and CFD trading, I can recommend this broker.

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saujanme

It turns out that according to the FortFs regulations "the company has the right at any time, at its discretion, to limit the total amount of payments to a partner in the amount of no more than 20% of Net Deposits (the difference between all deposits and withdrawals) of a group of his clients. If the total amount paid to a partner exceeds the above limit, the Company has the right at any time to write off the amount of overpayment from any of the accounts belonging to the partner. " It turns out that you bring solid clients who really work and make a profit for themselves and the company, I get an affiliate program in appropriate proportions. But at one point, it will write off funds from any of my accounts. And who will work under such referral conditions?

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erk

I have been trading with FortFS since 2019. I get a stable income, so I am still here. I connected to Autorebate six months ago. 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. There are no complaints at all about the speed of execution of transactions. Funds are withdrawn to electronic wallets on the day of application. The spreads at Fort Financial Services are widening but within reasonable limits.

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forex_2

For me, the main advantage of FortFS is the availability of cent accounts. But in general, the conditions of the broker are not much different from similar companies. The commissions indicated on the site take place, but only when the market is calm. The stated spreads on EUR/USD of 0.3 pips widen to 2, although this is the standard situation for Forex. The withdrawal to the cards is difficult, so I withdraw it to electronic wallets. This is not only faster but also cheaper.

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stella0825

Fort Financial Services is an ordinary kitchen that manipulates quotes. Don't believe me? Look in the reviews how many times a company representative has apologized for failures in the flow of quotes. Already four times in six months, the support answered me that there were problems with the flow of quotes. Because of this, non-market quotes and cancellation of trades. And most importantly, profitable trades. Nobody cancels unprofitable deals, although they promised. To the bathhouse this FortFs kitchen with its problems!

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:

  • transparent system of profit distribution;

  • loss protection mechanism;

  • 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:

  • refund of payment when there are no signals;

  • copying in 0.1 seconds;

  • full control over trade.

The broker regularly publishes a rating of successful master accounts based on the profit margin growth rate.

Important!

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:

  • 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;

  • 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
📊 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

Information
The Traders Union analysts have analyzed the conditions offered by the broker FortFs to reveal hidden trading and non-trading commissions. The spread was chosen as the basis for estimating the trading commission, and the additional withdrawal fee was analyzed to determine the non-trading commission.
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
Logo FortFs
$2.25
$1
$8.5

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:

  • the company was recognized as the best Forex broker in 2019 by the decision of the independent resource Fxdailyinfo.com;

  • 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;

  • 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:

  • technical analysis;

  • fundamental analysis;

  • weekly reviews;

  • monthly reviews;

  • trading signals.

Advantages:

1

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;

2

the existence of a perpetual cent account and auto-compensation of unprofitable trades is a profitable offer for beginners;

3

for VIP traders there are additional spread compensation systems and exclusive working conditions;

4

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:

Account Type
Description
Newbie
Newbie is a cent account that automatically compensates for 10% of all losses. Floating spread - from 0.3 pips, leverage is only 1: 1000;
Fort
Fort is an account for experienced traders with the widest range of instruments available and immediate execution of orders. Fixed spread - from 2 pips;
Flex
Flex is an account with a low floating spread, from 0.3 pips. Execution is effective from 0.3 seconds, and the maximum leverage is 1: 1000;
Pro
Pro is an account for professional traders, it has interbank ECN liquidity, the spread is from 0 pips. Minimum deposit - USD 500, maximum leverage - 1: 100;

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.

FortFs Bonuses - Welcome Bonus
FortFs Bonuses - Welcome Bonus

Deposit bonus

When replenishing your account, you can choose a bonus of 10%, 20%, 30%, 40%, 50%, which will be credited to the deposit.

FortFs Bonuses - Deposit Bonus
FortFs Bonuses - Deposit Bonus

MegaProtect Bonus

Traders receive a bonus of + 100% of the deposit amount and 100% protection against drawdown.

FortFs Bonuses - MegaProtect Bonus
FortFs Bonuses - MegaProtect Bonus

Autorebate

The bonus makes it possible to compensate up to 30 for each lot.

FortFs Bonuses - Autorebate
FortFs Bonuses - Autorebate

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

Information

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.

Information available in the «Education» Section
Information not available at the FortFs site
The theoretical course is divided into blocks: introduction, trading terminal, trading analysis, fundamental analysis, psychology of a trader, trading advisors, futures trading
Forum
Glossary
 
Help section "Questions and Answers"
 
Analytics
 

Security (Protection for Investors)

Information

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

  • 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.

  • 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%.

  • 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.

  • 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.

  • USD and EUR are available for withdrawal, depending on the selected system.

  • 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

Information

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:

  • send a letter to the mail;

  • ask a question in the online chat;

  • fill out the feedback form;

  • call the specified phone number.

Contacts

Registration address Suite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown, St
Official site
Contacts

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.

1

You can enter the system from the broker's home page by clicking the "Register" button.

FortFs Registration on the Site
FortFs Registration on the Site
FortFs Registration on the Site
2

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.

3

The trader's personal account contains a full set of functions that a trader needs to work. Personal account features:

1. In the "Account" section, you can track the history of actions, connect a VPS server, change the profile settings.

FortFs Personal Account - Verification
FortFs Personal Account - Verification

2. In the "Accounts" section, you can find financial information related to the trader's work: wallets, internal transfers, withdrawal requests, replenishment, open accounts.

FortFs Personal Account - «Accounts»
FortFs Personal Account - «Accounts»

3. Section "S.T.A.R." contains information about the trader's investments, including the overall rating of S.T.A.R. accounts.

4. In the "CQG / NinjaTrader" section, you can open an account to work on the CQG Trader / CQG QTrader or NINJA terminals.

1. In the "Account" section, you can track the history of actions, connect a VPS server, change the profile settings.

FortFs Personal Account - Verification
FortFs Personal Account - Verification

2. In the "Accounts" section, you can find financial information related to the trader's work: wallets, internal transfers, withdrawal requests, replenishment, open accounts.

FortFs Personal Account - «Accounts»
FortFs Personal Account - «Accounts»

3. Section "S.T.A.R." contains information about the trader's investments, including the overall rating of S.T.A.R. accounts.

4. In the "CQG / NinjaTrader" section, you can open an account to work on the CQG Trader / CQG QTrader or NINJA terminals.

Also in your Personal Account, you can:

  • activate the partner's office, monitor statistics and control the accrual of remuneration;

  • maintain Copytrading accounts;

  • track and display payments under the Autorebate program;

  • 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.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

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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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