Fort Financial Services is this a scam? Review and Customers Reviews

Fort Financial Services (originally TradeFort) has been working in financial markets since 2010, offering unique and innovative services, favorable trading conditions, which helped to form its image as a reliable and modern broker (forex brokers rating). Today the company is not only a licensed international financial broker with clients in more than 30 countries around the world, but also a close-knit team of professionals who have proven their skills and ability to create the service that traders need.

The company continuously grows and develops, follows and outpaces the development of the financial brokerage market, optimizing old and introducing new features. Still, is Fort Financial Services a scam or a decent company you can trust? Let’s answer this question in a detailed review of the broker.

 

Terms of trading with Fort Financial Services

Fort Financial Services project with 10 years of experience in the financial markets positions itself as a professional team providing the best trading conditions. These include a wide range of various trading instruments, comfortable and optimal types of client accounts, regularly updated promotions and other aspects of trading.

Fort Financial Services’ high-tech brokerage service includes excellent spreads on offered assets regardless of the level of liquidity in the markets, quality order execution, a diverse bonus program, and unique services for managers and investors.

The set of tools for trading is diverse: forex market assets, contracts for difference (CFD), metals, options, futures contracts, cryptocurrencies. In addition, the broker offers currency pairs with zero spread. The project offers traders several account types (forex strategies).

“Rookie” or NEWBIE

This is a cent account with a low floating spread from 0.3 pips. It is designed for novice traders. Minimal deposit is $5. The maximum one is unlimited. The size of leverage is 1:1000. Trading forex instruments implies the absence of any commissions. When trading CFDs, the commission of $10 is taken.

The cent type of account provides additional insurance against possible losses. An unsuccessfully completed trade is immediately compensated by 10% of the amount of fixed losses. Compensation is realistic if its amount exceeds 1 cent. The order execution is market execution. The maximum number of open positions is 2000. There are no swaps.

FORT

There are two types of accounts: standard and cent. US dollars, euros and rubles can be used as a currency. Spread is fixed starting from 2 pips. Leverage size is up to 1:1000. Minimum deposit is $5. There is no commission for trading forex instruments. The widest selection of assets among all types of accounts. CFD trading provides for the commission of $10. Execution of orders is immediate. There is a bonus from 10 to 50% to the deposit. Margin call on the standard type occurs at the level of sufficiency of funds equal to 50%. Stop-out – 25%. On a cent account, these values are 30%/10% respectively.

FLEX

There are also two types of accounts: standard and cent. Spread is low, floating from 0.3 pips. Market orders execution. Conditions for leverage, minimum initial deposit, margin call, stop out, bonuses, commissions are the same as on FORT account.

PRO

Designed for trading professionals. Market orders execution. Floating spread from 0.1 pip. For the professional account the interbank ECN liquidity is provided. Minimal deposit size is $500. Commissions – from $9. Margin call and stop out levels are 80% and 40%, respectively. Bonuses and dividends are not provided. The trading history is stored for 90 days. Dividends are accrued on FORT and FLEX accounts in the amount of 5%. The broker reserves the right to change the leverage ratio to 1:33 after the trading session on Friday. You can choose the account type that suits you and start trading on the website in the “Account Types” section.

Fort Financial Services provides a large list of benefits, bonuses and services for VIP clients. Becoming such a user is convenient and profitable. This status is awarded to a client who has traded on the MetaTrader 4 and MetaTrader 5 platforms, provided that the amount in all accounts is not less than $25 thousand excluding bonuses. The benefits of VIP are obvious:

• Each successful transaction adds 3%.
• Commissions and spreads are compensated on 7%.
• When withdrawing funds from the account, no fee is charged.
• In swap accounts, the trader receives 10% per annum on the free funds of the trading account.

In addition, VIP-users are provided with a personal manager who assists in solving any problems related to trading. The possibility of free access to exclusive analytical reviews from world-renowned agencies appears. One has to remember, that the highest status is valid as long as the total balance of the MT system accounts is higher than $25 thousand. Otherwise, the user loses the VIP status and all the relevant privileges. The exception is when VIP status is maintained for three consecutive months. Then it is automatically extended for another 30 calendar days.

Any user has the ability to automatically activate a virtual dedicated server in their personal cabinet. This is relevant for clients who use advisors in trading. The condition of free VPS connection is a sum equal or exceeding $1000 on the trading accounts. Service provides more reliable and stable operation of trading robot and quick reaction to changes in market situation.
Given the emergence of such a new trend in the financial world as cryptocurrencies, Fort Financial Services offers favorable conditions for trading these assets. The broker does not need a digital wallet or special technology to keep them safe. You just need to open a trading account, after which the trader will have access to 8 digital assets with maximum capitalization. The leverage is 1:3 and the commission fee is 1.5% of the contract par value. The spread is floating. You can find more details on the website fortfs.com.

The project 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. Investors entrust their capital to the manager, who uses it to make a profit, with a certain remuneration. Any user investing his money can choose one or more managers from the rating presented on the site. It is worth noting that the broker himself does not participate in the management. A registered user with the amount of funds in his account not less than $500 can become a manager.

Another service CopyTrading provides an opportunity to copy trades of successful traders. By changing the copying coefficient, the client manages his risks in accordance with the amount of funds in his own account. In this case, experienced speculators receive additional income, providing signals to all comers. Those, in turn, have profit, using the services of professionals. Their rating is presented on the website of Fort Financial Services.

To users with an active life position the company offers to become a part of its strong and progressive team. Being a partner means high commissions, international license, favorable trading conditions, reliable bank cooperation and various bonuses. The broker offers a variety of cooperation programs to choose from:

• “Broker.”. By registering on the website fortfs.com, the partner receives a referral link. By posting it on forums, financial blog posts, or any other convenient way of distribution, you can attract clients, realizing your own business. All registered on the affiliate link, are attached to the partner, who receives remuneration from each transaction, made by his clients. The growth of their trade turnover increases their affiliate status. Details are placed in the relevant section of Fort Financial Services.
• “Webmaster.”. This form of cooperation makes it possible to attract not only traders, but also partners. By registering in the Webmaster 3 or 5 program, a user can realize this by receiving a corresponding link. Subsequently, a partner receives remuneration not only from trades made by his direct clients, but also from sub-partner traders. If the total volume of webmaster’s trades exceeds 250 lots, he is automatically assigned Premium status. Commissions for trades performed by clients are immediately increased. If the volume of 1,500 lots is greater than 1,500 lots, they are granted VIP status.

On the site fortfs.com The analytics section is presented competently. Using the information found here, it will be easier for the trader to make an optimal trading decision at the right moment. The analytical section reveals the latest economic reviews, forex news, useful recommendations, as well as the trader’s calendar with the main world economic and political events (forex analytics).

The “Training” subsection in 7 parts provides relevant materials for beginners. The concepts of interbank market, trading terminal, technical and fundamental analysis, trading advisors and other important aspects of trading on the financial market are explained to beginners in accessible language.

 

Fort Finance Service trading platform

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.

In an effort to increase the number of their users, each broker is trying to provide them with the best and easiest-to-use trading platform. Competition in the brokerage environment promotes modernization and improvement of trading tools. Keeping this in mind and striving for qualitative improvement of the trading process, the Fort Financial Services company cooperates only with the reliable and recognized international partners: MetaQuotes Corp Inc., CQG Inc. and Ninjatrader LLC. The range of the project’s trading platforms is diverse.

MetaTrader4

The most popular terminal, which is the standard of the international currency market trading industry. The interface is intuitive even for a novice trader. Versatility contributes to successful trading. Set of built-in indicators helps significantly in technical analysis, and constantly updated news flow keeps trader informed about the most important economic and political events. Expert advisors can perform profitable trading saving the time of the speculator. FortFS Multiterminal helps to manage several trading accounts at the same time. MT4 is easy to download and easy to install on your computer or laptop. If you wish, you can use the web version of the trading platform instead of downloading it. Virtually all functionality is preserved.

MetaTrader5

Technological and powerful solution with excellent trading possibilities, using trading robots and risk management algorithms. The new version supports two systems of client orders: netting (one position for one financial instrument) and hedging options (several positions for one instrument, including multidirectional ones). An impressive set of analytical tools, various and non-standard timeframes. Just like MT4, all types of orders are supported. Speculators can apply any type of trading strategy. The analytical capacity of the platform is very large and allows, in addition to the built-in tools, to rent or buy a lot of algorithmic applications. It is possible to create your own indicators. If desired, the MT5 web-platform is available.

CQG exchange terminals

Provide unimpeded access to the markets. These are professional applications for trading derivatives, futures, options. Among them is CQG Web Trader, a new generation platform with innovative order placement. It helps to implement access to all the markets integrated by the company in the CQG markets direction format.

The terminal is very flexible for trading professionals and at the same time not demanding to resources, easy to use, functional. CQG Qtrader is a good solution for trading futures, options and stock spreads. CQG Integrated Client is a combination of all necessary financial information. It includes professional analytical and trading tools. The platform is popular with the world’s largest banks. CQG MOBILE – mobile application, trading on the go.

NinjaTrader

This is a stock exchange terminal, which implements high-quality market analysis. It is possible to create trading systems and simulate trading results. The platform is perfect for intraday traders. A large number of exchanges integrated into the platform and concluded contracts with clearing companies allow to have access to exchange organizations with low commissions.

The terminal has a strategy of automatic management of trader’s positions. That’s why all the risk management tools are available here. There is also a possibility to design your own strategy with the purpose of its further use in asset trading. The demo-version of NinjaTrader platform is also available. You can use it to conduct risk-free trading.

Quotes from Fort FS

Quotations are formed due to the market supply and demand. The price policy is carried out by the largest market participants – market makers. Providing quotations to the brokers, the market makers receive a certain fee for this. In their turn, putting their interest there, the brokers fulfill the delivery of quotations to the traders.

Speculators are in dire need of timely and up-to-date price information, as it affects their decision-making (buying or selling) and especially the correct placement of stop loss and take profit limit orders. FortFS receives price information from trusted liquidity providers and taking into account market conditions and streaming prices provides users with quotes as a market snapshot. All of them are indicative. The company tries to deliver the best price levels to its clients.

 

Demo account fortfs.com

A demo account is an analogue of a real account. Using a demo account, the trader checks the broker’s trading conditions, chooses tools for trading, and tries out various strategies in the process of risk-free trading. To do this, the speculator engages virtual funds. After training practice, it is possible to start trading with real funds. However, Fort Financial Services does not provide a demo account, using instead a real account with a minimum deposit of only $5. Plus there is a lucrative bonus program for beginners.

 

Fort Financial Services mobile app

By offering users a mobile trading app, the broker offers certain advantages. It is possible to trade away from home, being on a business trip, on the road, on vacation. The key prerequisite for working in the financial market is only access to the Internet. The project offers mobile trading for iOS and Android. You can use the mobile version of Metatrader. It is perfectly adapted for full-featured trading.

It contains the necessary tools for technical analysis and a set of indicators. All types of trading orders are supported. The CQG MOBILE application is an excellent mobile solution for speculators. More than one hundred trading instruments: futures, options, currencies and stocks. This software gives high performance trading routing. Advanced technical analysis is available.

 

Bonuses at Fort Financial Services

The FortFS bonus program allows the broker to significantly increase the user audience. The variety of different rewards promotes the involvement of more novice traders in trading. Fort Financial Services project is a client-oriented company. That’s why it takes into account and takes into consideration the needs of every client. New promotions and exciting bonuses appear on the broker’s website with a certain periodicity.

Welcome Bonus

It is a non-deposit and gives the speculator a chance to try his forces without risking real money. In order to get it, one should register and pass verification. Then, after pressing the “Get Bonus” button, the reward is deposited to the client’s account. This opportunity is given only to beginners and only once. After working out 20 lots, funds can be withdrawn.

Deposit Bonus

The bonus is available after the deposit of a certain amount, and the trader always has a choice of the reward amount as a percentage of the deposit (10%, 20%, 30%, 40%, 50%).

If the trader has traded the required volume within 3 months of receiving the bonus, he can withdraw these funds. The volume in lots must be equal to the bonus amount divided by 4. The sum of all bonuses on the deposit on one trading account must not exceed $5 thousand.

Support Margin Bonus

The advantage of this bonus is that it remains on the trader’s account at any drawdown of the deposit, even when the amount of this reward will exceed the remaining own funds. For a speculator, this can be a good help in trading. The bonus is available to any client who deposited $25 or more. Its size depends on the amount deposited on the account. The campaign period isn’t limited. If other types of bonuses are available, the Support Margin Bonus is not available. You can withdraw the profit gained while trading using this bonus when the trading volume in lots equal to half of the bonus amount is reached.

MEGAPROTECT

This is 100% of the deposited amount. The bonus is credited to FLEX and FORT accounts, provided there are no other rewards on them. In case of depositing the account with the amount from $100, the bonus can be selected in the personal cabinet. 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.

Promotions

In addition to bonuses, the company Fort FS offers a variety of promotions:

• “Chinese New Year.”. The point is that for each successful trade, 2% of the received profit is accrued. Each losing trade is compensated in the amount of 5% from the amount of losses. Currently, the promotion has already ended, but the project can extend its duration.
• “A Christmas Tale.”. Annual promotion with a validity period of one month. The client receives 150% of the deposit amount. The promotion is available both to beginners and to already existing clients. It is important that after its completion the bonus continues to operate under the terms of the “deposit bonus”.
• Profit Bonus is to receive an additional 2% for each successful transaction. This reward can be combined with a “deposit bonus”. The amount of reward is withdrawn from the account without any restrictions.
• Infinite leverage. In this case, the project removes all restrictions on the size of the leverage. In this case, the margin becomes zero and there is an opportunity to open a larger number of orders to increase the size of the profit. You can use the service in your personal cabinet by ticking the checkbox.
• AUTOREBATE. The promotion provides a refund of up to $30 for each lot. This is one of the highest refunds. The credited funds are withdrawn without restrictions. FLEX and FORT accounts on MT4 and MT5 platforms can participate, provided there are no other bonuses.

 

Deposit and withdrawal of FortFS earnings

Fort Financial Services offers different ways to deposit and withdraw funds. In order to make a deposit, you need to register with the broker, deposit the amount, choosing a convenient way to transfer funds. To do this, you can use various methods:

• Bank transfers.
• Bank cards Visa, MasterCard.
• Exchange Points.
• Payment Systems WebMoney, Skrill, NETELLER, QIWI Wallet, RBK Money, Perfect Money, Expobank, FasaPay.

The money is immediately available in the account for trading after the payment. Withdrawal of funds is possible only for authorized traders, it is instant if the trader uses payment systems and from 3 to 7 working days if cards and bank transfers are used.

 

Complaints against Fort Finance Service

Fort Financial Services has a large number of reviews on the web, with positive ones more than positive, which largely indicates its success and correctly chosen niche of development. As the advantages most traders note: fast operation of the terminal, lack of slippage and requotes, instant execution of orders, fast withdrawal of funds, profitable bonuses and unusual promotions, quality tech support, low spreads, large choice of instruments, availability of license and useful material on the website. Many reviews on FortFS concluded also that it is a reliable professional broker with many services and promotions, which can be recommended for traders with any level of training.

However, there are also negative reviews on Fort FS, more often concerning problems with the withdrawal of funds (delays), with the work of the terminal, the personal office; separately, some traders note the complexity of the site. It should be noted that a representative of the company works on the forums and responds to comments on problems that have arisen with the users.

If there are any complaints about Fort Financial Services, we’ll be sure to post on social media. Sign up to stay up to date.

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

 

Regulator of Fort Financial Services broker

It is difficult to overestimate the importance of the regulator of the brokerage company. The process of trading on Forex occurs, in fact, without the intervention of government agencies. This circumstance contributes to the appearance of a large number of different brokers on the financial market, among which there are many fraudulent organizations. Therefore, issuing a license to a company, the regulator requires them to adhere to certain rules. The authority and importance of the controlling organization, accordingly, increases the status of the controllable brokers.

Fort Financial Services LTD has been registered with Saint Vincent and the Grenadines (FSA) as an International Business Company under registration number 748281 BC 2019. The address is No.1 Orchid Garden Suite 305 Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown. The FSA is the regulatory body for the islands of St. Vincent and the Grenadines. Its mission is to regulate the financial sector of the islands and to raise the international profile of the companies it regulates. Fort Financial Services Ltd partners with ERA TODAY Ltd (registration number 378334, Agiou Athanasiou, 74 Agios Athanasios, 4102 Limassol, Cyprus) in the processing of financial transactions.

Check your Fort Financial Services license on the FCA website

Fortfs.com User Agreement

The User Agreement is one of the most important criteria for choosing a broker for cooperation. Beginner speculators rarely pay attention to this document. However, experienced traders, carefully reading all the clauses of the user agreement, immediately determine whether the company is a serious partner or a fraudulent organization.

The document should clearly spell out the services provided by the broker, the regulations and deadlines for deposit/withdrawal of funds, restrictions, the amount of commissions, the availability of bonuses, as well as other aspects that are important for high-quality trading. Fort FS called this document the client agreement. In clause 1.11 the broker specifies that an integral part of this agreement are all regulating documents, and also the information published on an official site of the company. All these documents can be found in the section “Regulations”.

In section 4, separate paragraphs inform the user about the company’s provision of quotes to clients and the safety of client information from third parties.

The user’s withdrawal is made through the payment systems available in myAlpari, mainly to the same payment details, in the same currency and in the same proportions in which the deposit was made. The company reserves the right to specify a different method of withdrawal in individual cases.

Withdrawal of funds is carried out within 5 days.

In some cases, the company reserves the right to write off or not to accrue bonus funds to the client.

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.

Arising disputes and possible disagreements of the parties shall be resolved in the process of negotiations in accordance with the regulatory document “Claims Handling Procedure”.

 

Fort Financial Services is a Scam?

Today a broker Fort Financial ServicesDespite being a very young company, it is one of the successful, dynamic and advanced companies on the market, demonstrating unique services and advanced features that make trading much more profitable. The company is represented in 30 countries, has a large base of traders and offers favorable trading conditions, a large number of assets and innovative services. There are enough reviews about the broker on the web, and the positive comments are much more.

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. The provision of reliable trading platforms is also considered an advantage.

The broker successfully copes with its goal, providing quality service and innovative solutions, receiving many positive comments and prestigious awards, showing in practice the seriousness of intentions and the desire to firmly take a leading position, which is largely unavailable to scammers, who carry out their activities not so transparently and clearly. Informative official website (including its Russian version), the presence of a system of bonuses, accounts, different ways of feedback, training opportunities – all this shows a thoughtful policy of working with the user, which also distinguishes it from scam sites.

Fort Financial Services is a licensed broker with certification, which also inspires trust from the user. Should Fort Financial Services be considered a scam? At this stage of the company’s development, we think it is too early to draw such conclusions, but you can protect yourself by working properly with your personal manager. And yet, the fact that this company is clearly not a scam, says a lot: almost 7 years of successful work with traders around the world, as well as the provision of a truly unique quality service, confirmed by the positive reviews of traders.

 

Conclusion

Fort Financial ServicesDespite the fact that it is still a young company, it has been successfully providing services for trading in financial markets for almost 7 years. It is one of the most dynamic and rapidly developing organizations, which does a lot to ensure that the service provided is really high quality. Operating in 30 countries of the world and having a large base of traders, it continues to develop further, following and even anticipating modern trends in financial markets.

A large number of positive reviews of traders, who recommend the company, also allows you to trust him. The representative of the company monitors the negative reviews on the forums on the network, tries to influence the claims of users, this characterizes the broker positively. It is to be hoped that the company will continue to develop dynamically, setting even more ambitious goals. It is fair to say, Fort Financial Services, despite being a very young company, has already managed to show itself as a stable and reliable, so we will not assess it as a fraudulent one. However, the traders’ reviews, which we are waiting for for this review, can not only influence the broker’s ratings, but also warn other market players against problems.