FortFS Forex Broker
FortFS or Fort Financial Services is an online financial services provider that has established a name in the industry through garnering awards and recognitions. It offers unparalleled customer service and a wide range of platforms that attracts many investors.
FortFS Regulation and Security
FortFS os the trading brand of Fort Financial Services Ltd, which fully owns and manages it. This broker was founded in 2010 in Saint Vincent and the Grenadines. Over the years, it has become bigger and aimed to reach a global client base. As part of its expansion plan, it established offices in Asia, particularly in Indonesia and Malaysia. Its clients are found worldwide, from the United Kingdom, to Singapore, and to South Africa.
FortFS operates under the rules and regulatory standards set in Saint Vincent and the Grenadines. This broker is registered as an International Business Company with license no. 25307 BC 2019. It has the right to provide trading services in foreign exchange, CFDs, and futures markets on a number of platforms and to all levels of traders. In its years of service, it has built a reputation for being client-sensitive and always operating with the best interest of the traders in mind.
FortFs has received three awards since it was founded, including BEST FOREX BROKER ASIA 2016. It also received the BEST MINI ACCOUNT PROVIDER 2016 by Forex Awards and the BEST CFD BROKER 205 award by the Academy of Trading MasterForex-V.
FortFS Trading Platforms
FortFS offers four trading platforms, including two MetaTraders, CQG, and NinjaTrader. While some of these platforms are more widely known than the others, each platform offers unique features that cater to specific types of traders.
MetaTrader4
MT4 is the gold standard for all trading platforms in the industry. It was developed by MetaQuotes and has immediately earned the favor of many traders when it was launched. It is wildly popular because of its intuitive and user-friendly interface, as well as a rich range of tools and indicators. It is favored by beginners and professional traders alike. On this platform, you will benefit from advanced features like 3 chart types, 9 time frames, one-click trading, multiple order types, Expert Advisors, 20+ graphical tools, and 30+ built-in indicators.
MetaTrader5
This multi-asset platform was developed as a complementary to MT4. It can trade up to five financial markets, including those not available in MT4, such as cryptocurrencies and stocks. It offers advanced tools that are specifically designed for advanced trading. You can also perform algorithmic trading and comprehensive price analysis. Some of the features of MT5 are: 38 built-in indicators, 44 graphical tools, 21 time frames, 3 chart types, 100 charts opened simultaneously, Expert Advisors, one-click trading, netting, hedging, and all supported order types.
CQG
FortFS offers the CQG WebTrader, the CQG QTrader, the CQG Integrated Client, and the CQG Mobile. These terminals directly connect traders to more than 40 global exchanges. Some of the features of this platform include: BQuality market data, all popular order types, access to portfolio and instrument monitoring, real-time market data exported to Excel, and the ability to trade directly from the chart with advanced tools.
NinjaTrader
This platform provides advanced features fit for expert traders. It has sophisticated market analytics and trade simulation tools. Traders benefit from automated and algorithmic trading with more than 10 global exchanges. It is also equipped with a wide set of tradable contracts. Clients can set up strategies to manage open positions, as well as develop your own trading strategies.
FortFS Trading Conditions
The trading conditions provided by FortFS are beneficial to traders that are looking to invest both short term and long. Below are the specifications of the markets, spreads and leverage, and trading fees provided by FortFS.
Trading Instruments
FortFS provides six tradable instruments, namely: currencies, indices, futures, shares, CFDs, cryptocurrencies, and commodities. There are more than 50 forex pairs and zero spread pairs available, as well as more than 50 shares CFDs of global companies. FortFS gives you access to the world’s biggest indices like the NASDAQ and FTSE 100, 13 cryptocurrencies, futures like metals, energies, and indices, and commodities like gold, silver, and oil.
Leverage
The available leverage for traders is dependent on the trading account they chose. For the Newbie, Flex, and Fort account types, the maximum leverage is 1:1000. For the Pro account, it’s 1:100.
Payment Methods
For deposits, FortFS offers a wide variety of options, including e-wallets like Qiwi, Skrill, Neteller, FasaPay, WebMoney, and PerfectMoney, as well as Visa/Mastercard and local Asian banks in Malaysia, Thailand, Indonesia, and Vietnam. For withdrawals, the process takes 3-7 working days for electronic wallet transactions, while local Asian banks can take up to 48 hours.
FortFS Conclusion
FortFS is a competitive broker offering unique features and trading solutions. It has a rich range of trading platforms to offer, as well as convenient payment methods that cut the hassle in client experience. It offers good services fit for all levels of traders, as well as a decent reputation that guarantees the trust of its clients.
