Overall, Fort Financial Services can be summarised as a credible and trustworthy broker and is considered average risk with competitive trading fees and spreads. Fort Financial Services have four account types offered- Newbie, Fort, Flex, and Pro.
FortFS at a Glance
| 🔎 Account | 🥇 Standard |
| 💰 Minimum Deposit | $100 USD /R1600 ZAR |
| ⚖️ Leverage: | up to 1:500 |
| 💱 Spread: | Floating, ECN-spread, fixed |
| 💻 Multiple Trading Platforms | MT4 |
| 🔧 Instruments: | Currency pairs, metals, indices, oil |
| 💰 Account currency: | USD, EUR, SGD |
| 💹 Margin Call / Stop Out: | Determined depending on the settings of the trading account |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 5
Regulators
IFSC
Trading Platform
MT4, MT5, NinjaTrader, CQG
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FortFS Review – 22 key points quick overview:
FortFS at a Glance- Fort Financial Review – 22 key points quick overview:
- FortFS Overview
- FortFS Safety and Security
- FortFS Sign-up Bonus
- FortFS Minimum Deposit
- Step-by-step guide to FortsFS deposit the minimum amount
- FortFS Account Types
- FortFS Account Features
- How to set up a FortFS Demo Account – Step by Step
- FortFS Islamic Account
- FortFS Trading Platforms
- FortFS Fees and Spreads
- FortFS Deposit and Withdrawal
- FortFS vs Etoro vs XM – Comparison Table
- FortFS Best Countries by Traders
- FortFS Current Popularity Trend
- FortFS Customer Reviews
- FortFS Pros and Cons
- Conclusion
- Disclaimer
- Frequently Asked Questions
FortFS Overview
Fort Financial Services was founded in 2010 by a small team of financial industry professionals and is now a licensed international financial broker which operates under license IFSC/60/256/TS/14 from the International Financial Services Commission of Belize.
The company is trusted by clients from more than 30 countries worldwide. ERA Today Ltd, another company registered in Cyprus, has entered into a partnership with Fort Financial Services to help in the processing of payments.
Fort Financial Services offers a very wide range of tradable contracts – more than 500 contracts to choose from.
The team of founding professionals was able to create some of the best conditions for trading and investments in financial markets to most of the global markets and a wide selection of trading instruments.
FortFS Safety and Security
One of the means of determining the safety of a broker like Fort Financial Services is to establish which regulating authorities are watchdogs over its actions.
Fort Financial Services Ltd operates under an international brokerage license issued by the International Financial Services Commission (IFSC) of Belize.
This license guarantees customers that the capital assets are kept in a separate bank account and that the firm’s financial stability is maintained as well as international trade services standards in accordance with IFSC requirements.
The license guarantees that the company will conduct quarterly audits and full annual accounting for the regulator and that disputes between traders and brokers will be resolved with the involvement of the IFSC as an independent arbiter.
FortFS Sign-up Bonus
FortFS offers a sign-up bonus of $ 35 to new traders.
Traders who register for a real account with FortFS are offered a $ 35 sign-up bonus or welcome bonus. To qualify, after registering a real account and subsequently verifying it, traders can select the ‘welcome bonus’ from their member’s area.
However, to qualify for this bonus, traders must complete 20 lots of turnover, and only then will they be able to withdraw the $ 35 bonus.
Furthermore, FortFS offers a deposit bonus from 10% up to 50% depending on the deposit amount. This bonus is also available every time traders make a deposit into their trading account.
Brokers often offer these broker bonuses to new traders to draw in more customers in addition to encouraging trading activities. Offering a deposit or welcome bonus assures traders that they will receive some money back depending on the initial deposit made.
FortFS Minimum Deposit
FortFS has a minimum deposit requirement of only $5.
The minimum deposit amount is equivalent to ZAR 78,91 at the current exchange rate between the US Dollar and the South African Rand at the time of writing. Traders must ensure that they stay up to date with the USD/ZAR exchange rate before depositing funds.
Fort Financial Services LTD is incorporated in St. Vincent & the Grenadines as an International Business Company with the registration number 25307 BC 2019 and strictly regulated through it.
As an offshore regulated broker, it is required to keep client funds in segregated accounts from the broker account. The purpose of keeping funds separate from the broker account is that ensures that traders only use these funds to conduct trading activities.
Step-by-step guide to FortsFS deposit the minimum amount
Deposits can be made with FortFS using the following steps:
Step 1 – Log in
With FortFS, traders can log into their member’s area on the broker’s website after they have signed up for a live account to go through the verification procedure.
Step 2 –Make the deposit
As soon as the account has been approved, traders can log into their member area and select the option to deposit. They can then choose their preferred payment method, the currency, and the amount that they wish to deposit.
Depending on the payment method, deposits can either be instant or take a few hours or days to reflect in their trading account.
In addition, traders must confirm with the broker whether currency conversion fees are charged when deposits are made in any other currency other than USD or EUR.
Min Deposit
USD 5
Regulators
IFSC
Trading Platform
MT4, MT5, NinjaTrader, CQG
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FortFS Account Types
FortFS offers a choice to trade in four account types. Each account has its own set of trading conditions that serve the purpose of meeting the trading needs and objectives of various kinds of traders, whether beginner or professional.
Traders can also partake in social trading, with a designated platform, and have the option of managed accounts.
Traders will find that through these live accounts, FortFS offers competitive trading conditions along with comprehensive solutions and services.
FortFS Account Features
FortFS Newbie Account
The following features can be expected with this account type:
A minimum deposit of $ 5
USD as account currency
Price accuracy of 5 digits
Floating spreads from 0.3 pips
Execution from 0.3 seconds
1: 1000 leverage only
No commission on forex but commissions of $10 on CFDs
The margin of 50% and a Stop-out of 25%
Order size from 0.01 to 10 lots
No deposit bonuses
Also classified as a Cent Account
Dedicated Islamic/Swap-Free account by default
FortFS Fort Account
The following features can be expected with this account type:
A minimum deposit of $ 5
USD or EUR as the account currency
Price accuracy of 4 digits
Fixed spread from 2 pips
Execution from 0.3 seconds
Access to leverage up to 1: 1000
No commission on forex but commissions of $10 on CFDs
The margin of 50% and a Stop-out of 30% on both USD and EUR as well as EUR and USD cents
Order size from 0.01 to 100 lots
Deposit bonus from 10% up to 50%
Dividends of 5% on USD and/or EUR and 3% on EUR and/or USD Cents
Can change this account to a cent account
Can be converted into an Islamic Account
FortFS Flex Account
The following features can be expected with this account type:
A minimum deposit of $ 5
USD or EUR as the account currency
Price accuracy of 5 digits
Floating spreads from 0.3 pips
Execution from 0.3 seconds
Leverage of up to 1: 1000
No commission on forex but commissions of $10 on CFDs
The margin of 50% and a Stop-out of 30% on both USD and EUR as well as EUR and USD cents
Order size from 0.01 to 10 lots
Deposit bonus from 10% to 50%
Dividends of 5% on USD and/or EUR and 3% on EUR and/or USD Cents
The ability to change this account to a cent account
Can convert this account into an Islamic Account
FortFS Pro Account
The following features can be expected with this account type:
A minimum deposit of $ 500
USD or EUR as the account currency
Price accuracy of 5 digits
Floating spreads from 0.1 pips
Execution from 0.1 seconds
Access to leverage up to 1: 100
Commissions from $9
The margin of 80% and a Stop-out of 40%
Order size from 0.1 to 10 lots
No deposit bonuses
No dividends
How to set up a FortFS Demo Account – Step by Step
FortFS does not offer the option to open a demo account. It does, however, offer the option to open a cent account, which is the Newbie Account. This account presents a live trading account with substantially lower risks than other live accounts.
To register for, and set up the Newbie Account, traders can follow the steps after navigating to the homepage of FortFS and follow the prompts after selecting ‘Open Account’.
Trading can be a very intimidating task for beginners without prior knowledge, skill, or experience in trading and through the provision of demo accounts, brokers provide a comprehensive and risk-free environment for beginner traders.
A demo account is usually referred to as a practice account since it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and developing their own trading strategies.
Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what FortFS has to offer.
Min Deposit
USD 5
Regulators
IFSC
Trading Platform
MT4, MT5, NinjaTrader, CQG
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FortFS Islamic Account
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.
Overnight fees are usually charged if traders hold positions open for longer after the trading day has concluded. This type of account allows exemption from such fees or interest, should they hold positions open for longer.
With FortFS, traders have the option of a dedicated Islamic Account, namely the Newbie Account. Traders also have the option of converting the Fort and Flex Account into an Islamic Account. These accounts offer traders more features according to their trading needs and objectives.
FortFS Trading Platforms
The forex trading platform is in essence the software provided by Fort Financial Services to its clients to carry out their trades.
A multi-asset trading platform is one that allows clients to trade forex but other asset classes, including CFDs on stocks, stock indices, precious metals, and cryptocurrencies as well.
The decision about which platform to choose will always depend on what a client would like to trade.
Fort Financial Services offers trusted and tested trading platforms to provide the best services such as MetaTrader4, MetaTrader5, CQG, and NinjaTrader.
MetaTrader4
This is one of the most popular trading terminals in the world due to its versatility and convenience.
MetaTrader5
This is the most advanced trading terminal that allows trading access to Forex, stock exchanges, futures, CFD, and the cryptocurrency markets.
NinjaTrader
This is a professional platform with unique features such as advanced market analytics, the development of trading systems, and trade simulation.
CQG
This professional high-technology trading terminal is specially developed for internet trading in global markets of derivatives, futures, options, indices as well as spreads, and OTC products.
FortFS Fees and Spreads
FortFS’ spreads start from 0.1 pips.
FortFS offers both fixed and floating spreads accounts and a spread list that is transparent. None of the accounts offer complete commission-free trading.
Spreads and commissions offered by the broker depend on the live account type used and the financial instrument that is being traded.
The following can be expected of the various account types:
Newbie Account – floating spreads from 0.3 pips, with commissions from $ 10 on CFDs
Fort Account – fixed spreads from 2 pips with commissions from $ 10 on CFDs
Flex Account – floating spreads from 0.3 pips with commissions from $ 10 on CFDs
Pro-Account – floating spreads from 0.1 pips with commissions from $ 9
The Margin call and Stop-out levels for the Newbie, Fort, and Flex accounts are set at 50%/30% while the Pro Account has a Margin Call of 80% and a Stop-out level of 40%.
FortFS Deposit and Withdrawal
A number of payment methods are accepted at Fort Financial Services, including:
Visa and MasterCard
WebMoney
Skrill
Neteller
Perfect Money
Expobank
Payments can be made in USD, EUR, or RUB, depending on the method chosen, with some of the methods incurring additional commission charges.
Minimum Deposit
The minimum deposit presented on the table is $5 for Fort, Flex, and Newbie Accounts. This is the same for Cent-based options.
For the Pro Account, you will need $500 as a minimum. Probably, even more, would be needed for optimal trading considering the reduced leverage and increased trade sizes.
Note that for certain platforms, like NinjaTrader and CQG you will need $10,000 and $15,000 minimum. If you deposit by local bank transfers the minimum will be $20 as well as for deposits by Skrill, VISA, or MasterCard.
The deposit options may be limited for certain jurisdictions. There are also multiple ways to withdraw funds. Withdrawals need to be made using the same method as the original deposit unless specified by the broker.
Although the available methods are the same, they may have different costs. Visa and MasterCard withdrawals have a $20 minimum and 2.5% commission while Perfectmoney has the same 1% commission for withdrawals.
Withdrawals may take up to 5 days, even 10 days if further investigation is needed. Once the withdrawal form is processed, the withdrawal is instant but for VISA/MasterCard and bank transfers, a delay of up to 7 days is possible.
FortFS vs Etoro vs XM – Comparison Table
| 🔎 Broker | 🥇FortFS | 🥈 eToro | 🥉 XM |
| 💰 Minimum Deposit | $100 USD /R1600 ZAR | $1000 USD | $5 USD |
| 📝 Sign-Up Bonus | ☑️ Yes | ☑️ Yes | ☑️ Yes |
| ➕ Max. Leverage | 1:500 | 1:400 | 1:888 |
| 💵 Currency Pairs | – | 47 | 57 |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here |
FortFS Best Countries by Traders
| 🌎 Country of Trade | 📌 % of Traders |
| 🥇Thailand | 22.22% |
| 🥈Sweden | 11.37% |
| 🥉Russia | 9.07% |
| 🥈Bangladesh | 8.33% |
| 🥈Egypt | 7.84% |
FortFS Current Popularity Trend
As According to Google Trends, here is an overview of how frequently the search term – “FortFS” is entered into Google’s search engine over a given period of time.
FortFS Customer Reviews
Most people have general problems with…
Most people have general problems with their withdrawal and what I have noticed from other reviews some people try to use fake documents. Anyway, I am living in the EU and I am satisfied with their services and products like cent accounts which are not that common with other big brokers. 4 different type of accounts for forex is super and perfect for literally everyone. PEOPLE! choose a deposit or withdrawal option you actually can use and make sure you always read and stay within your respective limits!
I give it 5 stars because I am satisfied…
I give it 5 stars because I am satisfied with the service of the company. The company always withdraws money and has never cheated me. The advantage is that the company does not charge a commission for withdrawal and deposit. Do you know companies that do this? I don’t know.
Trading conditions are good. Here you can trade and earn money. I withdrew 3 times more money than the first deposit. The platform has not worsened trading conditions. I can safely trade and earn money. It is very good.
FortFS Pros and Cons
| ✔️ Pros | ❌ Cons |
| Managed accounts available | Offshore regulation |
| Social trading for copying signals of other traders | Clients from the USA not accepted |
| Daily technical and fundamental market analysis | High commission fees |
| Daily trading signals | Top accounts require large deposits |
Conclusion
Overall, Fort Financial Services can be summarised as a credible and trustworthy broker and is considered average risk with competitive trading fees and spreads. Fort Financial Services have four account types offered- Newbie, Fort, Flex, and Pro.
Disclaimer
Before deciding to trade the products offered by Fort Financial Services, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.
Fort Financial Services warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence Fort Financial Services cannot guarantee a maximum loss.
You might also like: FortFS Account types
You might also like: FortFS Demo Account
You might also like: Fortfs Islamic Account
You might also like: FortFS Fees, Spreads
You might also like: FortFS Minimum Deposit
You might also like: FortFS Sign Up Bonus
Frequently Asked Questions
What are the advantages of trading with FortFS?
Advantages of trading with FortFS include favorable trading conditions, including low spread and execution speed from 0.1 seconds, ensure high efficiency of the trader’s work; a multi-level affiliate program gives you the opportunity to receive stable passive income.
Which platforms are supported by FortFS?
FortFS supports the MetaTrader 4, MetaTrader 5, NinjaTrader, CQG.
What type of broker is FortFS?
FortFS is a multi-asset trading broker offering a range of tools & resources.
What is the overall rating out of 10 for FortFS?
The overall rating out of 10 for FortFS is 6/10.
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