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fortfs review

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. 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.

Customer Support

fortfs review

In order to add funds to your trading account, visit Trader’s Room section. All the deposit and withdrawal matters can be handled there. As a complete beginner, you are entering forex market with all its risks involved. In order to help you out to make your first steps in the forex arena, the broker will refund 10% of your losses in case your position closes with a deficit. The compensation can be withdrawn from your account without restrictions.

FortFS  Best Countries by Traders

The broker also gives Deposit Bonus worth 200% for each account user. It also has MEGAPROTECT Bonus that guarantees to protect client funds during drawdowns and gives an additional 100% to the deposit. Other bonuses include Unlimited Leverage and Autorebate.

  1. Probably the most interesting would be the QTrader as it can also be optimized to work on mobile devices.
  2. A credible broker will take their time to build a flawless website, invest in efficient trading platforms and acquire trading licenses from the right authorities.
  3. There are no commissions for Forex and Precious Metals but for zero spread assets it could be from $20 for majors to $50 for more exotic currency pairs.
  4. The demo-version of NinjaTrader platform is also available.

Deposit and withdrawal of FortFS earnings

fortfs review

Stay up to date with the financial markets everywhere you go. In some cases, the company reserves the right to write off or not to accrue bonus funds to the client. 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. What they all have in common are features including advanced testing, chart trading, auto-trading, and Expert Advisors. Considering convenience through mobile trading, NinjaTrader is not an option as it has no mobile version.

Offer of the month

Margin levels are very tolerable so newbies can trade until no equity is left, Stop Out is at 1% and Margin Call at 5% level. The minimum deposit requirement exists but it is small enough it is symbolic. Commissions apply, although only for “CFDs”, not for Forex and they are $20 per lot. FortFS is most recently known for receiving multiple awards in the 2017 Forex Awards, such as the ‘Best Execution Broker’ and ‘Best Forex Broker Middle East’. It has remained a popular choice amongst traders in the Middle East because of its heavy local presence in that region. Although the broker serves clients globally, it unfortunately does not serve US residents.

fortfs review

These accounts offer traders more features according to their trading needs and objectives. An Islamic Account is usually offered by brokers to Muslim traders who strictly follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitative. Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what FortFS has to offer.

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My friend is trading in fortfs for 2 years and I decided to try for myself this broker. Actually I must say that I am new on forex but I choose a lot of promotions that fortfs offers and I made my profit after 5 month of trading. Withdrawal is done and I received my money after 3 days.

One of the main benefits of FortFS is the above-average asset range, probably among top offers in the industry without regulation. If we stick to the MT4/5 platform only there are 8 categories by our count. These are Crypto, Futures, Commodities, Precious metals, ETFs, Stocks, Indexes, and Forex with an additional zero spread currency pairs sub-category. This is a full asset range we had available with the Flex Account.

MetaQuotes platforms are well known as almost all brokers use it but NinjaTrader and CQG are not that popular. NinjaTrader has some advantages over MT5 like more charting customization and features, historical data selection, better stability, multiple data feeds, and more. The platform provides great ordering functionality, clearly made for knowledgeable traders.

Major pairs in the Pro account are the most competitive, at around 0.3 pips for the EUR/USD. In the Flex account, however, you’re looking at around 1.2 pips for the EUR/USD. 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.

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