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Fortrade Review

Fortrade

Fortrade

www.fortrade.com

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    Updated:

  • Leverage: 1:30 | 1:400

  • Regulation: FCA, ASIC, IIROC, CySEC, NBRB, FSC

  • Min. Deposit: US$100

  • HQ: UK

  • Platforms: Fortrader Platfrom, MT4

  • Found in: 2013

Fortrade Licenses

  • Fortrade Limited - authorized by FCA (UK) registration no.609970
  • Fort Securities Australia PTY LTD - authorized by ASIC (Australia) registration ABN: 33 614 683 831 | AFSL number: 493520
  • Fort Securities LLC. - authorized by the National Bank of the Republic of Belarus (NBRB) registration FRN: 193075810
  • Fortrade Limited - authorized by IIROC (Canada)
  • Fortrade Ltd - authorized by CySEC (Cyprus) registration no. 385/20
  • Fortrade Ltd. - authorized by FSC (Mauritius) registration no. GB21026472

Top 3 Forex Brokers

  1. What is Fortrade?
  2. Fortrade Pros and Cons
  3. Is Fortrade safe or a scam?
  4. Leverage
  5. Account types
  6. Fees
  7. Spreads
  8. Deposits and Withdrawals
  9. Trading Platform
  10. Customer Support
  11. Education
  12. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years experience in Forex Trading check trading offerings including fees, platforms, verified regulations, contacted customer service, and placed traders to see trading conditions and give our expert opinion about Fortrade

What is Fortrade?

Fortrade is established in the UK in 2013 trading provider and a Forex broker with products and services for online foreign exchange and CFD trading. Further on, throughout its development, Fortrade opened its branches in Australia and Belarus while recently enlarging even further and establishing branches in Cyprus and Canada.

  • The company provides a favorable trading environment with easy access to multiple asset classes. The broker strives to make trading more enjoyable and profitable and at the same time secure which is confirmed by its worldwide presence and what is more important heavy regulation.
  • Hence, Fortrade offers tight and competitive spreads that vary depending on the trading instrument; the spreads start from 4 pips for forex through various leverage ratios and a variety of promotions.

Fortrade’s technology has been developed with the purpose to help traders, both beginners, and experts, simplify their trading experience; it provides a highly efficient trading environment suitable for beginners, however, it also comprises more sophisticated features as well.

Fortrade Pros and Cons

Fortrade has easy account opening and is a regulated broker with respected licenses like FCA and ASIC, the education section is well-developed, platforms and research are on a good level, also spread costs are on average levels. A demo account is available. Registering takes up to 10 minutes.

For the negative points, there is no 24/7 support, conditions are different in each entity also spreads might be high for some instruments. Also, the broker charges inactivity fees.

AdvantagesDisadvantages
CFDs trading Support not available 24/7
Heavily Regulated BrokerConditions may vary in particular entities
Great education through Fortrade Academy
MT4 platform and proprietary software
Fast account opening and free Demo account
No commission deposits and withdrawals

Fortrade website

Fortrade Review Summary in 10 Points
🏢 HeadquartersUK
🗺️ RegulationFCA, ASIC, IIROC, CySeC, NBRB, FSC
🖥 PlatformsFortrader Platfrom, MT4
Instruments200 currency pairs including Cryptocurrencies like Bitcoin, index, stock, precious metals, energies and commodity CFDs
🎮 Demo AccountAvailable
💳 Minimum deposit$100
💰 EUR/USD Spread2 pips
💰 Base currenciesVarious Account base currencies
📚 EducationFree education with webinars, courses and videos
☎ Customer Support24/5

Overall Fortrade Ranking

Based on our expertise and review, Fortrade is considered a highly reliable broker with a good reputation and great trading conditions suitable for both beginners and experienced traders. The broker has almost global coverage and excellent safety measures.

  • Fortrade Overall Ranking is 8.9 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
RankingFortradeFP MarketsInteractive Brokers
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantagesGlobal CoverageSpreadsInstruments

Fortrade Alternative Brokers

Despite all the benefits, Fortrade does seem to have some disadvantages like higher spreads on some asset classes. Besides, the market range is limited to FX and CFDs trading, so there is no real trading. On top of that, broker support is not available on weekends. Let’s see the list of some Fortrade alternative brokers:

Is Fortrade safe or scam?

Yes, Fortrade is a safe broker due to its regulation. The broker is multiply regulated by several top-tier regulators and is fully compliant with all jurisdictions. We find this aspect a firm guarantee for clients’ safety since the broker ensures compensation in case of insolvency.

Is Fortrade legit?

As for Fortrade, it is authorized and regulated by multiple authorities in reputable jurisdictions including the Financial Conduct Authority (UK) and ASIC (Australia). These two are actually some of the most serious world organizations that regulate financial services companies with the purpose to protect consumers, and financial markets and promoting competition.

In addition, Fortrade enlarges its trading proposal and moves on further by opening official entities in Belarus, Canada, and Cyprus. Where, Fortrade is fully authorized, regulated, and overseen in terms of its reliability and operation.

Our conclusion on Fortrade Reliability:

  • Our ranked Fortrade Trust Score is 9 out of 10 due to its established reputation and proper operation over the years. The broker is highly regulated with multiple top-tier regulators ensuring trading safety. However, the only drawback is that the broker runs an offshore entity
Fortrade Strong PointsFortrade Weak Points
FCA, ASIC. IIROC, CySEC regulated international brokerRuns offshore entity
Global coverage and license from Belarus National Bank
Negative Balance Protection
Representative offices globally
Compensation scheme
Islamic (Swap Free) account availability

How are you protected?

According to these licenses, Fortrade operates under full compliance with numerous restrictions and guidelines to provide a secure trading environment for all transactions, while keeping clients’ funds in segregated accounts and in the unlikely event protected by schemes.

Fortrade license

Fortrade Leverage

Leverage or a loan is given by the broker to the trader enables traders to trade with a larger size than the initial invested capital. Indeed, leverage significantly increases the potential for higher gains, yet in reverse, it does increase risk level too. Therefore, leverage may be risky at the point you set it wrongly or too high.

Based on our research, Fortrade offered leverage ratios complying with the regulatory requirement in each jurisdiction it operates, so make sure to verify leverage conditions according to the Fortrade entity and your residence.

  • Recent regulatory updates in Europe along with the ESMA regime set a maximum leverage level with a maximum of x30 for major currency pairs, x10 for commodities, x5 for CFD stocks, and x2 for Cryptocurrencies with the purpose to protect retail clients. This leverage is used for FCA and CySEC-regulated entities
  • The Australian authority ASIC (Best Forex Trading Platforms Australia) still allows a leverage ratio up to 1:400 for Forex instruments, which will allow the Australian client to use high leverage while trading.
  • Belarus regulation set leverage to 1:100 for Forex
  • Canada traders can use a maximum of 1:50 for Forex instruments and lower levels of 1:40, 1:30, 1:20, and 1:10 according to the instrument specifications.

Account types

Our experts found out that Fortrade offers only a single account feature, yet the options and conditions may vary according to the trading sizes and deposits. We highly recommend you primarily sign in for the practice mode account or Demo account that delivers real trading with an option to discover all features of the platform with the notional sum of 10,000$. At the time you are ready to switch to real trading mode, you can easily switch to the real account.

Have a look at some of our notes on Fortrade account types:

ProsCons
Fast digital account openingNo ECN trading
Single Account offering
Demo Account
Variable spread accounts

How to use Fortrade?

First things first, you need to open an account to start trading. Opening an account on the Fortrade platform is an easy process that requires following a few simple steps of filling in your personal details with further verification. You can start with a demo account if you need practice or you can proceed to live trading if needed.

Fortrade account

Fortrade Instruments

Our research showed a wide range of trading assets with access to more than 300 currency pairs including Cryptocurrencies like Bitcoin, with majors and minors, along with exotic pairs, indices, stocks, precious metals, energies, and commodity CFDs. Also including Agriculture CFDs with zero commissions and flexible leverage.

  • Fortrade market range is ranked 8 out of 10 for its wide range of instruments, the only disadvantage is that they are limited to only FX and CFDs trading, and the range itself varies based on the jurisdiction

fortrade instruments

Fees

Fortrade offers a rapid execution with no middle person in the process, thus all orders execute in real-time with no commissions or fees while all costs are built into a spread. While most of the operations are free, Fortrade does charge a dormancy fee for inactive users. The account is considered inactive after 6 consecutive months of inactivity.

How much does Fortrade charge?

Once the client’s account has been deemed to be inactive, Fortrade charges you an administrative fee of 10.00 USD (this amount will be charged in the account’s currency at the standard exchange rate)

  • Fortrade Fees are ranked 7.9 out of 1o based on our testing in comparison with over 500 brokers. The broker’s fees are relatively low, however, they might differ depending on the entity you are registered under. For full pricing, however, see funding fees, inactivity fees, and non-trading fees.
FeesFortrade FeesAvaTrade FeeseToro Fees
Deposit FeeNoNoNo
Withdrawal FeeNoNoYes
Inactivity FeeYesYesYes
Fee rankingLowAverageHigh

Fortrade Spreads

Fortrade also offers only variable spread proposals, so that there is no confusion about the fees. Based on our findings, fees are quite pleasant, however, maybe only for Commodities fees might be lower with other competitors, with typical spread for EUR USD pair 2 pips. Yet, always see and consider all the trading proposals in total, as not only good fees define a good broker.

  • Fortrade Spreads are ranked with an overall rating of 7.7 out of 10 based on our testing and compared to other 500 brokers. The spreads are mostly in line with the industry average except for commodities that might be slightly higher

Below you can see the comparison of the most traded instruments:

Asset/ PairFortrade SpreadAvaTrade SpreadeToro Spread
EUR USD Spread2 pips1.3 pips3 pips
Crude Oil WTI Spread4 pips3 pips5 pips
Gold Spread454045

fortrade spreads

Other fees

We also recommend you always consider a rollover or overnight fee, which is charged in case you hold opened position for longer than a day. While traders following Sharia laws may apply for Islamic or Swap-free Account with Fortrade.

fortrade rollover

Deposits and Withdrawals

All money manipulations, transactions, and requests are done through your online account area where you can see fee reports, and deposit or withdraw your money according to the regulatory rules.

  • Fortrade Funding methods are ranked 8.3 out of 10 based on our testing and compared to over 500 brokers. The broker offers a minimum deposit of $100, also most of the fees are nonexistent or very low

Here are some good and negative points for Fortrade funding methods found:

Fortrade AdvantageFortrade Disadvantage
No deposit feesMinimum deposit and conditions vary according to the entity
Withdrawals free of charge
Wide range of payment methods supported including PayPal

Deposit Options

Fortrade supports several ways to deposit or withdraw funds to or from the trading accounts and accepts a range of options including all major credit/debit cards, bank transfers, Neteller, Skrill, and PayPal.

What is the minimum deposit for a Fortrade account?

Fortrade offers a minimum 100$ deposit, anyway, the broker also recommends depositing  500$ and more to achieve better results and trading multiple instruments, and cover all necessary fees. Also, this requirement may vary according to your account base currency and regulation in your resident jurisdiction.

Fortrade minimum deposit vs other brokers

Fortrade Most Other Brokers
Minimum Deposit $100 $500

How to deposit money into Fortrade?

For depositing, you need to log in to your account ad choose the method you like then deposit the requested amount of money and start trading.

Withdrawal

Fortrade does not charge additional fees for deposits and withdrawals that are also subject to laws and regulations in a particular region. Withdrawal options are widely available including Bank transfers, Cards, and some e-wallets like Neteller.

How to withdraw money from Fortrade?

For withdrawal, you need to log in and go to “Deposits/Withdrawals” located inside the drop-down menu in the right corner of your screen. Select the withdrawal method you wish and enter the amount and any other account information that may be required.

fortrade funding

Trading Platforms

We found that the Fortrade team of developers designed a line of fully-scalable trading platforms that enables the monitoring of global financial markets and derivatives, and capitalize on price movements at the time and place most convenient. The broker offers its clients a full suite of industry-standard MT4 platforms as well as its proprietary platform.

  • Overall, we ranked Fortrade Platforms 8.3 out of 10 for its good choice of the MT4 platform. Also, the broker offers its sophisticated platform named – Fortrader, which comprises all broker’s technological advancements.

Trading Platform Comparison to Other Brokers:

PlatformsFortrade PlatformsPepperstone PlatformsPlus500 Platforms
MT4YesYesNo
MT5NoYesNo
cTraderNoYesNo
Own PlatformYesYesYes
Mobile PlatformYesYesYes

Web Platform

The proprietary platforms are available in three versions Fortrader Web, Fortrader Desktop, and Fortrader Mobile which gives the ability to access trading in any convenient way, either on the go, by a browser, or by installed version. While all process is performed via the powerful execution model through interbank quotes.

Desktop platform

Nevertheless, the company still offers as an option the popular MetaTrader4, which is accessible through various versions for desktop, web, and mobile accordingly. The platform features leading indicators, oscillators, EA strategies, and an automated desktop station that all in all brings numerous options for smart investment and trading processes.

Mobile Platform

The mobile app is suitable for Android or iOS devices are offered in the package as well. So you are able to stay updated about market conditions and manage your account and positions right from your mobile device.

Fortrade platform

Customer Support

Our findings showed that Fortrade’s international proposal also covers the support of their customers, hence providing around-the-clock customer service during working days available in multiple languages through its worldwide entities. Customer service is available via emails, live chat, contact form, or international phone lines and is ready to answer through its service centers.

  • Customer Support on Fortrade is ranked Excellent with an overall rating of 9 out of 10 based on our testing. We got quick and relevant answers. The support is omnichannel and available in multiple languages. The main disadvantage is that the broker is not available on weekends

See our Ranking of Customer Service Quality:

ProsCons
Quality customer support with live chatSupport not available 24/7
Fast response
Multilingual support covering all regions

Fortrade support

Education

As for education, Fortrade offers a variety of comprehensive educational tools and generates the best possible data along with trading features. The broker provides a good selection of webinars, videos, eBooks, and glossaries.

The are numerous webinars, market research data, and analyses together with the Trading Central option at the client’s toolbar and disposal well-organized through Fortrade Academy. Research tools are also at a good level and either inbuilt into the platforms or available at the client resources.

  • Our overall ranking of Fortrade Education is 9 out of 10 based on our research. The broker provides a very good selection of educational resources and excellent research tools. The broker also cooperates with market-leading providers like Trading Central

fortrade education

Fortrade Review Conclusion

Our Fortrade review shows an intuitive trading platform that has been designed to make online trading simple, fast and friendly. The good points are low deposit to start, well-developed educational programs and up-to-date market information is a helpful tools for the new to trading, while professionals will find numerous solutions to their trading needs.

And what is important, Fortrade provides a safe, secure, licensed, and regulated trading environment as per their reputable regulators FCA (Check FCA Regulated Forex Broker Infinox), ASIC, and others, while company continues growing and acquiring new territories like we see expansion to Canada, which is always good.

Based on Our findings and Financial Expert Opinion Fortrade is Good for:

  • Experienced traders
  • Beginners
  • Run Scalping/Hedging
  • Trading through MT4
  • Currency Trading and CFD Trading
  • Traders who prefer Trading Central
  • EAs running
  • Suitable for a Variety of Trading Strategies

No news available.

54 responses to “Fortrade”

  1. Huge scam they scammed or stole 13000,Manipulation of bid/ask spreads

    These types of scams have decreased over the years yet they are still around. This is why it is important to choose a Forex broker who is registered with a regulatory agency. These type of scams would normally involve having spreads of around 7-8 pips instead of between 2-3 pips which is the norm.

  2. HI everyone, It seems that all the people here do not have any idea about how CFDs trading works.

    Guys, I am a professional trader and I trade with different platforms from cash accounts to margin accounts.

    Fortrade is a legit company. However, the account manager that you are assigned to you can be rude or misleading sometimes but not all of them are like that.

    Whoever is trying to withdraw and could not withdraw simply can reach their compliance and the reason why the Withdrawal is not going through is that probably you are trying wrong WD. Try to withdraw with the same method you deposited with and you will be able to withdraw without an issue, If you deposited through a credit card choose credit card in the WD type.

  3. Thanks for the advices,I got a call from them yesterday & the lady couldn’t stop asking me when will I be able to make a deposit & promised to call me today again cos I was struggling to hear her as her accent(French)

  4. Horrible experience, before I deposit money they just keep caling and promising they will support and send me singals to trade and…, they never did that plus now once i try to withdraw my money which is about 7k it doesn’t let me and i am so disappointed and nervous because that money was all i had for my tuition to finish my school and I don’t know what the hell i have to do right now, they are FUCKING SCAM DO NOT TRUST THEM😭.

    • OMG I am so sorry to hear this:(
      Reading all these negative comments about Fortrade made me realize that I am not the only one who got scammed. Before they made me signed up for this platform, they kept calling me every few days and they were extremely nice. Once I put a deposit, the situation changed. They gave me a mentor who can’t even speak properly, she is arrogant and misbehaved and I better don’t even describe what she said to me. Now after I have complained, nobody answers me. I guess they are told to treat their customers badly and scam them. I guess this is just their way.

  5. Fortrades is a scam they took out 2900 out of my account when I only had 2750 and they closed my account but I have a meta account and was able to see it so I have screen shots to prove it if anyone wishes to see it. Don’t invest with them you will loss your money and not just to the market

    • Hi, How did they take out 2900 out of your account when you had only 2750? I just started trading on their website, and I’m worried.

  6. They have to approve your comments to so you only see the good ones let’s see if this one is aloud since my one about being a scam isn’t going to be

  7. Sorry to hear that you are having some issues with the app. Please contact our support team at support@fortrade.com, or call +44 203 966 4505 and they will be happy to help figure out what the problem is

  8. Hello, is Fort Trade legit. Who can recommend it to me in 2021 please. I am at the risk of joining, please help ASAP.

  9. Hello
    I am just writing this to see if someone can help me. I recently invested over $40, 000 with another broker (x24forex.com) and my account increased to $196,000U.S but know I am beginning to realize that this is a fraud. They are asking me to pay into a $15,000 -credit; I told them I don’t need a credit but they said if I don’t put it in they will not release any of my funds. I have 5 kids and have foolishly been duped. Can someone please offer me any advice? I am at a point where I have lost faith in humanity and the people that did this should be brought to justice
    Thanks for letting me share
    FRANK T

    • I would pay the 15,000 it’s like paying a fee I guess u still gon get to walk away with good money in hand… please can you contact me personally if anything positive came out of it I’m looking for a broker I can trust. My number is +2975678606.

    • I have also traded with another company and they were so so nice to same deal, London based but who knows where they are really, but the same process. I have made US$1,511,000.00and still I was asked to buy the so called contract. I asked why can’t they deduct the money of US$250,00.00 from the account and I will continue to trade with them?? The answer was that they took all my money and profit as well. Ended up losing AU$71,000.00 and my mortgage now is on the brink and I am selling my house as well as I am retired. Well, you are right, society is unfortunately very dishonest and to make it harder there are many suffering relying on honesty. Understand to have mercy and forgiveness to these people as God is watching. Hell is a big place… forgive, have mercy and hug your cross.

    • Hello frank also lost 58,000AuD ,please can you kindly contact me as am looking for someone to join me take this sites and scams down

  10. This is a negative review and discourages people from using this scam-type broker. Completely failure of an operation, its sole purpose is to deceive and take money from people who are new and fall in to a trap. Regulatory wise they have many licenses but they do not honour the rules, anyone who has used them and lost money due to their poor practises eg they call you hours on end and mis-sell or mislead their products, this is a breach across all regulatory channels especially in the UK under the FCA’s COBs 4.2, also under COBs 10 they are supposed to genuinely assess whether ‘we’ clients know the risks of these products, again another failure… speak out and really make this scam operation realise the public is not tolerating this

    • Sorry to hear that you are having some issues with the app. Please contact our support team at support@fortrade.com, or call +44 203 966 4505 and they will be happy to help figure out what the problem is

  11. THEY’RE NOT RELIABLE COMPANY. I’m in Canada and they called me from Europe with Canadian numbers. They’re just a registered company in Canada. For starting they called me almost every day until I put my money in. They ensured me that their system doesn’t allow customers to lose their money and we help our customers to avoid losing their money. But during the negative market, nobody called me and give me any advice on what to do. I lost all my money and nobody is responsible.
    They have limited stock companies and withdrawing process money is complicated too.
    I don’t recommend this company and stay away!

    • Hi Hmaed, Ive seen your review, Canada is a nation that protects its citizens, I would encourage you to take swift action – the authorities like IIROC have fined various brokers like etoro and IC Markets in the past, you will find that Fortrade is no different, the regulators need to know the shortfalls – best wishes

  12. I would not follow their recommendations or give into the sales pitches. They don’t have your interest at heart.

  13. I definitely would not recommend. They hounded me for weeks then I finally deposited $250. Then surprise steps kept showing up just to get to where u could use the funds. Why where these steps not taken before asking for money. So I got fed up and asked for my money back. Been almost a month now and they still can not even figure out how to send me my money back.

    • I would be very interested to know what happened to you to bring about such anger. If there is something with which our support team can assist, please contact them at support@fortrade.com, or call +44 203 966 4505

  14. fortrade is full of fraud. pls its my humble request not to deal with this company. i feel cheated first they give commitment for no swap charges for 3 months and later they will charge in another way like commission and make money. now i am emailing and calling no one respond . if you email also they will reply after 1 months. today i got reply that i dont have account with them. bull sheet people i am using this platform alomost 3 months and given all the detials. so you can udnerstand how they work.

    pls dont register with them . there are other site also who is more reliable and trustworthy.

  15. I have the same issue I have $300 which I can’t withdraw because they keep giving me excuses to why they can’t give me my money. FORTRADE is a SCAM. STAY AWAY

    • Me too… I deposited $1000 and started trading and later made $1800 and still had open trades so my available margin of $1000 which means I can still withdraw $1000. Normally the available margin is what you can withdraw, for example if your available margin is $20 you can’t withdraw above $20. So in my case since I had $1000 available margin I requested for a $300 withdrawal, and had no response, so I requested for $200 yet no response, instead they called me suggesting that I invest in a non moving stock promising me it would go up. I refused and insisted on making my withdrawal, then they said I have to close all trades before I can withdraw even with that huge profits and margin. I refused to close my trades and told them I’m not leaving the platform I just want to withdraw and confirm that my newly made bank card can receive my withdrawals…and asked them for how much is available to withdraw, their answer surprised me they emailed me saying “ maybe $10” – $10 withdrawal from a $1000 dollar available balance? BIG SCAM!!! STAY AWAY FROM FORTRADE!!!

    • This company is a scam. Their staff is rude, arrogant and they simply don’t know how to talk to people. They don’t have a clue how to explain simple things but rather make everything complicated. They also ignored me after I deposit 100€ into my new account. Stay away from them.

  16. I used to work at Fortrade, very bad people, the director Zeevi is a an asshole who wants his workers to die from COVID-19 and make him money.

  17. This site is unregulated and was only registered on 19 05 2020.

    A chinse wealthy lady befriended me on tinder and told me about he analyst, she said that she has got millions with this website and she has been using it for over a year, the website was resisted on 19 05 2020. the anilist then did 3 trades with me using a demo account. the trades were live and real. then he tried to get me to invest $30,000 into this site.

    I have been designing websites since 1994 and teaching since 1998, i also have a lot of friends in the forex market. the website is unregulated so there is no government the controls it, this means that the site could close tomorrow and you will lose all your money. you should only trade with regulated brokers. so they need to have the following statment

    Index Ltd (Register number 114059) are authorised and regulated by the Financial Conduct Authority.

    do not ever trade with any company that is unregulated.

  18. I can confirm the information above. The same happened to me as described by Angela Leonard. Now when reading other comments I could verify for myself the in particular the Account Manager, Nastasia Bozic, must be someone from Croatia and not from UK as the phone call usually appears to be from.

  19. Hi! I am from Serbia and all the managers mentioned above are Serbian people without any license. The company may have the license and is perhaps regulated but the “managers” and “consultants” are just regular people without licences, quite often students or of that age, doing what they were told to do so that the company can earn as much money as possible.
    I worked in a similar company until I realized what the business was about. Once you deposit the money, no-one really cares about you and depending on what type of trading you do, you may be given the wrong info in order to lose the money (which the company keeps in case of trading with binary options) or you simply may not be able to withdraw the money you deposited regardless of the win/lose situation.
    At the very least, you may be given a hell of problems while trying to withdraw the money so that most people just give up even if some manage to get the money back after a lot of time and a shit ton of attempts of sending documents/email/making calls etc and.
    Basically, what the companies of this sort do, they behave as though the money you deposited onto the account you created for trading is their own – and they actually use it to pay their associates and employees etc. That is why they do not answer the emails nor allow withdraws or make them next to impossible to perform.

    • I was also scammed, I invested 100 euro and they locked me out of the account that I deposited in.

    • I experienced the same after 3 years of working with them on a smaller account. Soon after funding my account to a big one, I decided I’m withdrawing everything. For the 1st time after 3 years of withdrawing without problems, I have been going back and fourth between live chat support and account managers. Account managers and support@fortrade.com are not responding to emails. Live chat support team keep taking back to the account managers as they say they are just operators and they don’t deal with such things a withdrawals.

      • So at first you didn’t have problems withdrawing? But that last time was problem? Did you succeed on the end?

  20. I have invested a 100 dollar on this so called fortrade and I have provided all documents which my manager required an still nothing has been done from the past 2 month he said he has send the money back to my account but nothing. This is a scam..

  21. Well, I have to say I had a very disappointing result when I invested £250 GBP with Fortrade. I was assigned to a Manager names Tamara Sutic.
    Once my money was invested, I heard nothing, 5 emails, she even sent me one and asked to reply using ‘reply’ She told me that she never received my reply. Tamara Sutic wanted my proof of deposit, which, fortunately I made through Pay Pal. My deposit from Pay Pal,
    I even printed a hard copy and sent it to her personally – still no response! Pay Pal also sent a copy of my payment.came with a receipt. Still no response. I fear this company or at least the Manager I was assigned to behaved very badly, not responding.
    I eventually raised a dispute through Pay Pal, and my money was back in my account in a matter of days.
    I just leave you with the thought, that you might want not to trade with Fortrade, use your investment wisely, through a reputable Site.
    Angela Leonard

    • Love their platform, found them very reliable.
      They even refunded me once for a losing trade because of some stupid reason i dont even remember… was just glad to see the money in my account

    • I had spent money with them and after closing trade neither they are paying back the money nor they are answering the emails/ phones. They have a support email on which they don’t even reply back. I was assigned a manger Mary Ordeñiza. She doesn’t respond. They seem to be scam

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