FortFS - Forex Broker Review
Fort Financial Services (Known as FORT FS) Review
FortFS is an online forex broker who already has captured wonderful attentions among huge number of online forex traders. Founded in 2010 as Trade Fort, The securities firm is centered in Belize, using its listed office at No. you Orchid Garden Street, L. O. Box 445, Belmopan in Belize. This brokerage’s organization was rebranded as Fortification Finance (FFS) in 2013 soon after it received the accreditation from the Belize International Financial Services Commission payment, as a global financial services provider. With the target of the their clients trading activities being the key thrust with their business priority, FFS has recently been setting new standards in the online trading industry, when you are one of the first few brokers to introduce a new kind of insured trading bank account for newbies. They also provide value added software program as free VIRTUAL PRIVATE SERVER and programmed warning of the approaching margin call.
FortFS Trading Platforms
As stated earlier, FFS have a wide selection of operate platforms for their dealers to choose from. Even so, it should be observed that the trading websites can be categorized into 3 main types, Metatrader 4 4, CQG QTrader and NinjaTrader.
The MetaTrader 4 or MT4 is the most popular forex trading system on the internet trading industry. More than 1 / 2 of the brokers around use the MT4 system his or her main trading system, so much so that the MT4 is often regarded as the FX industry standard trading program. The MT4 is well liked by traders because of to its many features. Many of these features include a comprehensive charting package, hundreds of technical indicators, support for multiple types of market orders and computerized trading through "Expert Advisors". The trading platform is also highly customizable and comes with a built-in programming language called the MQL4. Using a computer's desktop client which can requires traders to download and install the client upon their desktop computers, the MT4 is also available as a WebTrader which is often accessed with any up to date web browser.
Leading computerized trading solution supplier CQG Inc. has been developed by "CQG QTrader" is a highly advanced and reliable FX trading platform. The system allows traders to obtain immediate market access to a variety of exchanges. All trade purchase processes are operated through the CQG servers using a network by means of highly secured and fast connection. Some of their features include:
- Exceptional screen of DOM (Depth of Market)
- High-Quality price estimate
- Precise account management
Through its partnership with NinjaTrader(TM) LLC, traders at FFS now have the good thing about trading the marketplaces with the NinjaTrader. The platform comes integrated with an advanced trading and simulation system. Some of its clear advantages include the following:
- 24/7 trading
- Access to 10 global exchanges
- Dedicated support
- Mobile Trading
If you trade using your cellphone, then it is a good option for traders who want to trade on the forex markets with the mobile cell phones or tablets, FFS has made available the mobile trading software for the MT 4 platform. The MT4 mobile trader can be bought for both iOS and Android powered devices. Supplied free of charge, dealers at FFS can down load the required software from Google PlayStore or Apple App Store.
FortFS Trade Types/Instruments
In conditions of trade types, dealers at FFS can transact the spot forex and spot commodities markets. In addition, they can also trade the financial marketplaces with binary options and CFDs. CFDs coverage includes the next:
- CFD Financials
- CFD Grains
- CFD Indices
- CFD Currencies
- CFD Energies
- CFD ETF
- CFD Metals (Mcx)
- CFD Softs
- CFD UNITED STATES Shares
FortFS Regulations Information
The financial services provider is registered from Belize and comes under the jurisdiction of the Belize International Funding Commission (IFSC). The broker is authorized under the brokerage license IFSC/60/256/TS/13 in April 2013. The certificate was updated recently at the beginning of 2017 to IFSC/60/256/TS/17.
Beneath the IFSC regulation, FFS is needed to maintain its services to international standards. Such standards include maintaining the funds of the traders under divided accounts and providing the IFSC with audited studies and twelve-monthly accounting studies to ensure compliance with the capital asset necessity. Moreover to compliance with the regulatory requirements enforced by the IFSC, FFS is also in complying with international legislations with regards to money washing.
FortFS Account Types
Trading documents at FFS are classified into 6 types specifically "Fort Account", "Flex (Standard Account)", "Flex (Newbie Account)", "Pro Account", "CQG Account" and "Ninja Trader Account"
FortFS Commissions & Spreads
FFS charges it is clients a mixture of spreads and commissions. Commissions are suitable on all CFD trading and forex trades on CQG and Ninja Speculator accounts. They cover anything from $1. 50 to $9. 00 (CFDs) and $3 for forex trades (CQG & Ninja Trader). For advances, they are categorized into fixed and floating. The table below shows the standard spreads which traders at FFS can expect to pay on their FX trades.
Withdrawals and Deposit Options
To support their customers, Fort Financial Services has provided several methods of repayment options. These include:
- All of mostly supported Credit/Debit Cards such as VISA and MasterCard
- Direct Bank First deposit through Malaysian local finance institutions such as Maybank, Common Chartered and CIMB Lender
- Bank Wire Transfer
- E-wallets such as Skrill, Neteller, WebMoney, QIWI, FasaPay, iDealCash
Typically the above-mentioned payment methods are available for withdrawals and deposits for their customers. It should be noted that for withdrawals exceeding $1000, FFS reserve the right to transfer the funds by wire exchange. Depending on the methods used, the withdrawal time can be instant or as long as seven banking days.
FortFS Bonus & Marketing promotions
As for the bonus deals that are proposed by FFS, these are based upon the kind of trading account that the dealer has. Typically the bonus deals are offered in amounts of 10%, 20%, thirty percent, 40% and 50%.
FortFS Services dependability
As an online financial services provider, FFS's dependability has been tested since it has been working under the FFS brand in 2013. Apart from ensuring forex market traders of the financial stability through the regulatory oversight provided by the Belize IFSC, FFS has additionally made considerable opportunities into progressive trading solutions to ensure that their traders' trading is being fully taken care off. For example in conditions of trading platforms, FFS has invested in more than one forex trading platform. In fact, Fort Financial has one of the widest options available of trading platforms among brokers in the online forex trading industry.
FortFS Customer Support
For customer support services at FFS, traders can reach out to the support team through live chat, web contact form or by calling them on the phone.
FFS in addition has converted their website into People from French, Malay, Arabic, Chinese, European, Portuguese, Spanish, Indonesian and Vietnamese for traders whose native language is not English; in addition.
The Conclusion about FortFS brokerage
From our point of view of Fort Financial Services is trustable. In fact, we noted that the broker has invested considerable time and resources to ensure that you are able to conduct their trading activities in the ideal conditions. They have also ensured that their services and wide array of products cater to their entire clientele bottom by making the account opening requirements as versatile as possible. We have no doubts in our mind that with the efforts that FFS has invested into their business, are going to able to develop at a faster rate in the foreseeable future.