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    Fortrade

    • United Kingdom United Kingdom
    • 5-10 years
    • Regulated in Australia
    • Market Making(MM)
    • MT4/5 full license
    • Regional Brokers
    Open Account
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    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

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    Broker Information

    Company Name

    Fortrade Limited

    Phone of the company

    375172240625

    Customer Service Email Address

    support@fortrade.com

    Company address

    144 Mayakovsky St., 8th floor, room 11, 220028, Minsk, Republic of Belarus

    Pyramid scheme complaint
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    WikiFX Risk Alerts 1
    2022.05.19

    The number of this brokers's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

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    Brokers CySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance

    CySEC, the Cypriot financial market regulator, maintains its war on noncompliance, announcing enforcement action against two more regulated entities on Tuesday, Ayers Alliance Financial Group Limited and BrokerCreditService (Cyprus) Limited.

    WikiFX
    2022/4/20 4:13:47
    CySEC Takes Action Against Ayers Alliance, BCS (Cyprus) for Non-Compliance
    Brokers FX Broker Fortrade Becomes a Rangers FC Sponsor

    The two signed an 18-month partnership deal.

    WikiFX
    2022/2/17 3:38:45
    FX Broker Fortrade Becomes a Rangers FC Sponsor

    Fortrade

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    Australia Securities & Investment Commission

    Australia Securities & Investment Commission (ASIC)

    The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors. ASIC's authority and scope were determined by the Australian Securities and Investments Commission Act, 2001.

    • Licensed Institution :

      FORT SECURITIES AUSTRALIA PTY. LTD.

      Effective Date :

      2019-02-06
    • Email Address of Licensed Institution :

      complianceau@fortrade.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      Level 5, 20 Bond Street, SYDNEY NSW 2000

      Phone Number of Licensed Institution :

      0280529518,0408008589
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3 Annex4 Annex5
    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Fortrade Limited

      Effective Date :

      2014-04-17
    • Email Address of Licensed Institution :

      compliance@fortrade.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.fortrade.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Michelin House 81 Fulham Road London SW3 6RD UNITED KINGDOM

      Phone Number of Licensed Institution :

      44 2077102700
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3
    Cyprus Securities and Exchange Commission

    Cyprus Securities and Exchange Commission (CYSEC)

    The Cyprus Securities and Exchange Commission (CySEC) was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. It is an independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association.

    • Licensed Institution :

      Fortrade Cyprus Ltd

      Effective Date :

      2020-03-09
    • Email Address of Licensed Institution :

      info@fortrade.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.fortrade.com

      Expiry Date :

      --
    • Address of Licensed Institution :

      Office 504, Nora Court, 79 Athinon Street, Limassol, Cyprus, 3040

      Phone Number of Licensed Institution :

      +357 25 020 615
    • Licensed Institution Certified Documents :

      Annex1 Annex2
    Investment Industry Regulatory Organization of Canada

    Investment Industry Regulatory Organization of Canada (IIROC)

    The Investment Industry Regulatory Organization of Canada is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. IIROC sets high-quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.

    • Licensed Institution :

      Fortrade Canada Limited

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.fortrade.com/

      Expiry Date :

      --
    • Address of Licensed Institution :

      Michelin House 81 Fulham Road London SW36RD

      Phone Number of Licensed Institution :

      778-658-0363
    • Licensed Institution Certified Documents :

      Annex1 Annex2
    National Bank of the Republic of Belarus

    National Bank of the Republic of Belarus (NBRB)

    The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.

    • Licensed Institution :

      Fort Securities BLR Limited Liability Company

      Effective Date :

      2018-06-19
    • Email Address of Licensed Institution :

      info.by@fortrade.by

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.fortrade.by

      Expiry Date :

      --
    • Address of Licensed Institution :

      220028, Minsk, Mayakovskogo St. 144, room 8, office 11

      Phone Number of Licensed Institution :

      +375172240625
    • Licensed Institution Certified Documents :

      Annex1 Annex2 Annex3

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    Fortrade

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    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    Fortrade
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
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    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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    Fortrade · Company summary

      Basic Information & Regulators of Fortrade

      Fortrade is an online forex market trading service provider founded in 2013 and currently holds a full license from the Australian Securities and Investments Commission, a full license from the UK Financial Conduct Authority, a full license from the Cyprus Securities and Exchange Commission, a full license from the Investment Industry Regulatory Organization of Canada, and a retail forex license from the National Bank of Belarus.

      Market Instruments of Fortrade

      Fortrade provides investors with a range selection of tradable financial instruments, including more than 300 foreign currency, stock index, securities, oil, and precious metals CFD products.

      Minimum Deposit of Fortrade

      Fortrade offers a single account, where the specific trading conditions vary depending on assets and trading size. The minimum deposit recomended is $500, though traders can deposit as little as $100.

      Leverage of Fortrade

      Leverage is up to 1:200 for forex products, 1:20, 1:25, 1:50 for stock indices, 1:10 for EU securities, 1:50 for CFDs on agricultural commodities, 1:100 for gold and silver, 1:33 for corn, cotton, and soybeans.

      Spreads & Commission Fees of Fortrade

      The average spread for EURUSD is 2 pips, and the average spread for USDGBP is 3 pips. Indices spread: Canada 60 average spread is 1 pip, US 2000 average spread is 0.6, US 500 average spread is 0.6. The gold average spread is $0.45, and the silver average spread is $0.04.

      Trading Platform Applied

      Fortrade offers its users a market-leading and powerful MT4 trading platform, including the mobile MT4, web MT4, and desktop MT4.

      Deposit & Withdrawal ofFortrade

      Deposits can be made via wire transfer, bank transfer, Skrill, NETELLER, etc. The minimum deposit amount is 500 USD/EUR/FAF, and funds deposited via wire transfer will reach the user account within seven working days. Withdrawals by bank wire transfer can take up to 5 business days for the funds to arrive, and withdrawals by credit/debit card can sometimes take up to 15 business days for the funds to arrive.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.