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/10

Fortex

United States|5-10 years|
High potential risk|

https://www.fortex.com/en/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

China 3.75

Surpassed 27.62% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 650.591.8822
support@fortex.com
https://www.fortex.com/en/
Palo Alto Square 3000 El Camino Real Building 4, Suite 200 Palo Alto, CA 94306 U.S.A.

Licenses

No valid regulatory information, please be aware of the risk!

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Fortex · Company Summary

Fortex Review Summary
Founded 1997
Registered Country/Region United States
Regulation Unregulated
Market Instruments N/A
Demo Account N/A
Trading Platforms ECN platform, Fortex 6 trading platform, MT4 and MT5 Bridge, FORTEX API and IAAS/HOSTING
Minimum Deposit N/A
Customer Support Phone, email, fax, live chat, online messaging, Twitter, Facebook, Google, YouTube and Linkedin

What is Fortex?

Fortex is a pioneering force in the trading industry, having redefined trading practices since its establishment in 1997. As the initial independent, multi-asset trading platform, Fortex has been dedicated to granting its clients direct and equitable entry to various markets.

Over the years, the company has experienced organic growth and has evolved into a prominent FX trading platform which facilitates an impressive $12 billion in currency trades and manages 500,000 tickets on a daily basis for a sizable community of traders worldwide. Its important to note that Fortex currently does not hold a valid regulation.

Fortex's homepage

If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.

Pros & Cons

Pros Cons
  • Global presence
  • Not regulated
  • Multiple trading platforms and mobile apps
  • Non- standard forex broker
  • Many years' industry experience
  • Limited product offerings

Pros of Fortex:

- Global presence: Fortex has a wide global presence, providing access to markets across different regions.

- Many years' industry experience: Found in 1997, with extensive industry experience, Fortex likely possesses a deep understanding of the market and customer needs.

- Multiple trading platforms and mobile apps: The availability of various trading platforms and mobile apps offers users flexibility and convenience in accessing the services.

Cons of Fortex:

- Not regulated: The absence of valid regulation will raise concerns about oversight and user protection.

- Non-standard forex broker: Being categorized as a non-standard forex broker will lead to skepticism about the company's practices and standards.

- Limited product offerings: Fortex's limited product offerings restrict choices for traders and investors.

Is Fortex Safe or Scam?

Fortex currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. As there is no regulation, the people running the platform can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. It makes investing with them risky.

If you are considering investing with Fortex, it is important to do your research thoroughly and weigh the potential risks against the potential rewards before making a decision. In general, it is recommended to invest with well-regulated brokers to ensure your funds are protected.

No license

Service Groups

Fortex provides a range of electronic trading solutions and infrastructure services that are particularly designed for institutional clients such as broker dealers, liquidity providers, banks, hedge funds, money managers, and investors. It offers a range of advanced trading tools and technologies, including algorithmic trading, customized liquidity pools, and real-time market data and news feeds, to support efficient trade execution and sophisticated trading strategies.

Trading Platforms

Fortex offers multi-asset trading platforms to provide clients with direct, fair access to markets including ECN platform, Fortex 6 trading platform, MT4 and MT5 Bridge, FORTEX API and IAAS/HOSTING.

ECN Platform:

Fortex's ECN (Electronic Communication Network) platform provides traders with direct access to interbank liquidity and allows for transparent and efficient trading. It connects traders directly to major liquidity providers, enabling them to access the best available bid/ask prices and trade with minimal slippage.

ECN Platform

Fortex 6 Trading Platform:

The Fortex 6 trading platform is a comprehensive and user-friendly trading solution designed to meet the diverse needs of both retail and institutional traders. It offers advanced trading tools, customizable interfaces, and access to a wide range of assets, providing a seamless trading experience.

Fortex 6 Trading Platform

MT4 and MT5 Bridge:

The MT4 and MT5 Bridge solutions offered by Fortex are designed to integrate the MetaTrader 4 and MetaTrader 5 platforms with external liquidity providers, allowing for efficient order execution and access to deep liquidity pools.

MT4 and MT5 Bridge

FORTEX API:

The FORTEX API provides developers with the tools and resources to integrate their trading applications with Fortex's trading infrastructure. It is tailored for interbank transactions, high-frequency quantitative trading, and professional trading institutions, offering real-time communication and the ability to process concurrent API calls.

FORTEX API

IAAS/HOSTING:

Fortex's IAAS (Infrastructure as a Service) and hosting solutions encompass premium hosting of dedicated servers, virtual private servers (VPS), dark fiber connectivity, and sub-millisecond cross-connects to liquidity providers. This infrastructure is designed to support all trading platforms and bridge middleware, offering reliable and low-latency connectivity for trading operations.

IAAS/HOSTING

Customer Service

Fortex provides a live chat feature, allowing customers to swiftly have their queries addressed and receive prompt assistance with any issues they encounter. This convenient and efficient communication channel has the potential to enhance customer satisfaction and drive increased sales.

Customers can visit their office or get in touch with customer service line using the information provided below:

Email: info@fortex.com

Location Address Telephone Fax
Silicon Valley Palo Alto Square, 3000 El Camino Real, Building 4, Suite 200, Palo Alto, CA 94306, U.S.A. 650.591.8822 650.591.8818
Wall Street One World Trade Center, Suite 8500, New York, NY 10007, U.S.A. 646.612.7788 -
Boston 282 Moody St, Fl 4, Waltham, MA, U.S.A. +1 (857) 263-3899 -
Japan Ishikawa building 201, 1302-5 Ino, Sakura, Chiba, Japan +81 (434) 20-8851 -
Hong Kong 99 Queens Road Central, Suite 01-03, 66/F, Central, Hong Kong +852.2824.8569 +852.3965.3222
contact details

Moreover, clients could get in touch with this broker through the social media, such as Twitter, Facebook, Google, YouTube and Linkedin.

Fortex provides an online messaging feature integrated into their trading platform, enabling traders to communicate directly with customer support or other traders. This real-time messaging capability offers the convenience of seeking immediate assistance or participating in discussions with fellow traders.

contact form

Conclusion

In conclusion, The company offers a range of electronic trading solutions and infrastructure services designed for their clients. However, the absence of valid regulation may raise concerns about the platform's overall safety and reliability for users. As with any financial service, it's important for potential users to conduct thorough due diligence and consider regulatory oversight when making decisions related to trading and investment activities.

Frequently Asked Questions (FAQs)

Q 1: Is Fortex regulated?
A 1: No. It has been verified that this broker currently has no valid regulation.
Q 2: What platform does Fortex offer?
A 2: It offers ECN platform, Fortex 6 trading platform, MT4 and MT5 Bridge, FORTEX API and IAAS/HOSTING.
Q 3: Is Fortex a good broker for beginners?
A 3: No. It is not a good choice for beginners because it's unregulated and it is not a standard forex broker.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Broker Information

Company Name

Fortex Inc

Company Abbreviation

Fortex

Regulatory Status

No Regulation

Platform registered country and region

United States

Company website
Phone of the company
  • +1 650.591.8822

  • +1 646.612.7788

  • +1 (857) 263-3899

  • +81 (434) 20-8851

  • +852 2824.8569

Twitter
Facebook
Instagram

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YouTube
Company address
  • Palo Alto Square 3000 El Camino Real Building 4, Suite 200 Palo Alto, CA 94306 U.S.A.

  • 7 World Trade Center, 46th Floor 250 Greenwich Street New York, NY 10007 U.S.A.

  • 282 Moody St, Fl 4 Waltham, MA U.S.A.

  • Ishikawa building 201, 1302-5 Ino, Sakura, Chiba Japan

  • 99 Queen's Road Central Suite 01-03, 66/F Central Hong Kong

Linkedin
WhatsApp

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QQ

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WeChat

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Customer Service Email Address
  • support@fortex.com

  • info@fortex.com

Company Summary

User Reviews

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4

Comments

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Fuadwjd
more than one year
I used Fortex as my broker, but I gotta say, I'm not impressed. They closed my positions without hitting my stop-loss, which messed up my trading plans. Once, I managed to break even with a tiny profit, only to come back a few hours later and find out I'd lost some money. Sadly, when I reached out to customer support, they told me they closed my positions at a different price level.
2024-03-10 23:23
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0
0
Olina
more than one year
With Fortex, withdrawals are a breeze. However, it's crucial to note that the first withdrawal must match the credit source used for account funding. Customer service might experience slight delays, but nothing too significant.
2024-02-01 10:49
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0
0
理财规划师¥夏华隆
more than one year
Undoubtedly, it is good that this broker offers multiple trading platform options, stable trading experience, and does not intentionally widen spreads. However, the main issue with this broker is that they do not provide online customer support, making it difficult to communicate and resolve issues in real-time.
2023-03-22 13:38
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0
0
FX1320498749
more than one year
I have been trading for years and I have to say I have had accounts with many brokers during this time. Fortex is the best of breed for me. New technology and fast execution allow me to trade without fear of wide spreads in volatile markets.
2023-03-02 12:00
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0
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