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Is Fortrade legit?
Aso Karimi
Canada
2024-09-03
ANSWER Dear Investor,Fortrade is a legitimate broker, holding licenses from several financial regulators, including the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).Operating in a regulated environment, Fortrade adheres to stringent regulatory standards that ensure a transparent and fair trading environment. For instance, the FCA requires brokers to hold client funds in segregated accounts and participate in the Financial Services Compensation Scheme (FSCS).However, while Fortrade is legitimate, it may not be suitable for all investors. We recommend gaining a comprehensive understanding of the broker through customer reviews and its trading conditions. Investing inherently carries substantial risks, so using a demo account before risking real money might be a prudent option.
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Do Fortrade offer islamic account?
henrick
Maldives
2023-02-15
ANSWER Fortrade is owned and operated by Fortrade Limited, a company has subsidies authorized and regulated by multiple regulatory bodies, including:Fortrade Ltd is authorised and regulated in UK by the Financial Conduct Authority (FCA) with FRN: 609970;Fortrade Canada Limited is regulated by the Investment Industry Regulatory Organization of Canada (IIROC);Fort Securities Australia Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL: 493520;Fortrade Cyprus Ltd is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20;LLC Fort Securities BLR is authorised and regulated in Belarus by the National Bank of the Republic of Belarus (NBRB) with FRN: 193075810;Fortrade Mauritius Ltd is authorised and regulated by Mauritius Financial Services Commission (Mauritius FSC) with an investment dealer number: GB21026472.As for the question you asked, we would recommend that you check the broker's official website or ask the official customer service directly for a more accurate answer. For more details on this broker, please check our Fortrade review.
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Is EA allowed when trading in Fortrade?
Iqbal
China
2022-10-30
ANSWER Fortrade is owned and operated by Fortrade Limited, a company has subsidies authorized and regulated by multiple regulatory bodies, including:Fortrade Ltd is authorised and regulated in UK by the Financial Conduct Authority (FCA) with FRN: 609970;Fortrade Canada Limited is regulated by the Investment Industry Regulatory Organization of Canada (IIROC);Fort Securities Australia Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL: 493520;Fortrade Cyprus Ltd is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20;LLC Fort Securities BLR is authorised and regulated in Belarus by the National Bank of the Republic of Belarus (NBRB) with FRN: 193075810;Fortrade Mauritius Ltd is authorised and regulated by Mauritius Financial Services Commission (Mauritius FSC) with an investment dealer number: GB21026472.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. Fore more details on this broker you can check our full Fortrade review.
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