Fort Financial Services Review
Fort Financial Serviceshttps://www.fortfs.com/
Reason to avoid: Lack of Regulation.
Listed Date: September 13, 2018
Top 3 Regulated Forex Brokers
- Company name:
Fort Financial Services Ltd. FortFS
- Registration Address/ License:
Registered and regulated in Belize by IFSC.
- Registration Requirement: capital of 2,000$
Fort Financial Services Ltd or FortFS is an online trading provider with its established financial services which captures international traders since 2010 and registered office in Belize. The company has received its authorization to provide worldwide financial services by the local authority IFSC (Belize International Financial Service Commission), however, its operational standards and business management requirements are far below likewise the reputable regulatory authorities maintain, alike FCA or ASIC. Therefore, the liberal control over the company supervision does not provide the strictest compliance with the rules or setting of the highest customer protection level.
As it claimed on the official website Broker FortFS provides investment services for customers who want to receive a stable passive income through the range of investment and trading opportunities with trading signals, analytics, trading tools, execution technology and expanded programs or services. Moreover, Advanced trading order processing algorithms and contracts with the best liquidity providers helped win FortFS international recognition in the rating (TOP 10) of the best ECN brokers with NDD execution.
In addition to the competitive trading conditions, the company set as a clients preference to increase leverage to the highest level, which is according to the states on a website is not limited at all. Of course, leverage offers a bigger potential income and is a beneficial advantage, yet to increase it until the extreme high is not recommended since it puts a capital and trading itself at significant risk. The overall outcome of the traders’ reviews is more shows a negative aspect rather than positive even if there are no very sharp notices against the company. Therefore, we do not advise to trade with the Fort Financial Services as it seems it’s much better to choose among the reliable brokers with a gained trustable reputation along with the follow of regulations.