Forex Trading

FortFS Review and Tutorial 2021

fortfs review

FortFS has one of the most extended promotions and bonuses structure we have encountered. Starting with the classical Welcome Bonus, a kind of volume-based bonus that is withdrawable after 20 lots traded within 45 days timeframe, without deposit requirements. Newbie and Pro Account are not eligible for this $35 bonus. Forex and metals are counted for the volume condition only. More conditions are published on the FortFS website along with an example. Fort Financial Services (FortFS) is an Award-winning exchanging broker.

fortfs review

All websites experience technical problems now and again, but if the site provides no solution to logging in, that is a good indication that you have been the target of a scam. The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall. FortFS has always been a high-tech and customer-oriented company. From the very first steps of the company, the team’s priority was the technological solutions that increased the reliability of the services provided and made trading more convenient for the clients.

FortFS Broker Group

Former company domains are TradeFort.com and TradeFort.ws. 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. With the Fort account, spreads are fixed from 2 pips, and in the Pro record, skimming spreads start from 0.1 pips.

They shut down their servers, cannot login to client area, no support or communication. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. To prevent falling victim to scams in the future, always ensure that you deal with legitimate companies that are fully regulated by major regulators, such as the FCA, like ForTrade.

🆓 What is the FortFS minimum deposit?

Zero spread pairs are fixed to 0 and Fort Account type fixed spreads did not deviate from their fixed levels. EUR/USD stays at 2 points as well as USD/JPY, EUR/AUD 10 points and the highest spread from the non-exotic currency pairs is with the EUR/NZD at 20 points. Exotics had fixed levels too, so the EUR/MXN has 500 pips spread, the same as GBP/TRY and these are the highest fixed spreads. For Indexes, the commission is 0.075% per lot and Crypto – 1.5% per lot traded. Stocks have 0.1% commissions per lot and ETFs have 0.1% per contract Swaps for Forex are under normal levels, with some positive figures and calculated in currencies.

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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. Stocks offer is average with just 50 companies from the US markets only, and all of them are popular. They are somewhat diversified by the industry as usual, but nothing special in this category.

Crypto Scam Recovery – How to Get Your Money Back After a Crypto Scam

FortFS offers both the MetaTrader and CQG mobile apps for convenient trading on the move. Both apps are available for download on iOS and Android (APK) smart devices. Thank you for visiting our https://traderoom.info/azure-github-gitlab-bitbucket-mass/ We hope this information is helpful to you about possible issues with fraud brokers. 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 has established a Telegram channel for the latest promotions.

  • Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with FortFS.
  • For spot Silver, the fixed spread was 10 times lower at 6 points.
  • FortFS offers both the MetaTrader and CQG mobile apps for convenient trading on the move.
  • Constant vigilance should be applied at all times when trying to invest in trading platforms.
  • Report Fortfs if you are also experiencing any issue with Fortfs withdrawals.

A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. Megaprotect Bonus acts like margin support funds during a drawdown.

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