Last update: 23 July 2020
5 min read
Non-recommended broker
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Fort FS review

23 July 2020

This broker was not featured in our 2024 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

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Fort FS, otherwise known as Fort Financial Services Ltd is a company that’s registered in Belize. As such it’s licensed and regulated by the IFSC, the International Financial Services Commission of Belize. Possibly not the first country that springs to mind for anyone looking for a Forex broker. But it is becoming a very popular destination for brokerage firms. The reasons for this are that it’s very easy to set up a shell company in Belize as it’s not a requirement for the company to be based in the country. There are also a number of tax benefits as well as very strict secrecy laws. Many consider the IFSC regulations to be a little on the soft side as well.
So what is there on offer from Fort FS to make you choose it for your Forex broker?










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Fort FS welcomes clients with a $5 welcome bonus

New traders who register and open a real trading account are rewarded with a $5 welcome bonus once the personal data verification procedure has been completed. There is no need to make a deposit and you’ll be able to start trading straight away. Also available is up to 50% deposit bonus when you start making deposits into your account. Terms and conditions apply to these bonuses and you should spend time reading these before you register for an account.

Fort FS has an impressive number of account options

The majority of brokers offer two or three account options, with a number only offering one. However, Fort FS has 7 different accounts to choose from. The first worthy of a mention is the Newbie Account, designed especially for beginners. As it is stated in the details, Fort FS understands that beginners are going to make a number of mistakes along the way, and wants to compensate new traders for some of those mistakes. If a position closes with a deficit, 10% of the amount will be credited back into your Newbie Account. It can be used in future transactions or withdrawn at any time, with no restrictions. Sounds a pretty amazing deal. But what other accounts are available?
Fort Account

  • Minimum deposit $5
  • Leverage up to 1:1000
  • Spreads fixed from 2 points
  • Minimum order size 0.01 lots
  • Maximum order size 100 lots
  • Swap free accounts available

Standard Flex Account

  • Minimum deposit $5
  • Leverage up to 1:1000
  • Spreads floating from 0.3 points
  • Minimum order size 0.01 lots
  • Maximum order size 100 lots
  • Swap free accounts available

Pro Account

  • Minimum deposit $500
  • Leverage up to 1:100
  • Spreads floating from 0.1 points
  • Minimum order size 0.1 lots
  • Maximum order size 100 lots

All three of these accounts and the Newbie account are for the MetaTrader 4 trading platform. There are also accounts specifically for CQG, NinjaTrader and Binary Options platforms. Also available is a training demo account that offers traders with an opportunity to get to know the terminal device, the trading process as well as develop a trading strategy of their own.
A number of payment methods are accepted at Fort Financial Services, including Visa and MasterCard, WebMoney, Skrill, Neteller, Perfect Money, Expobank and a number of others. Payments can be made in USD, EUR or RUB, depending on the payment method chosen. And some of the methods will incur additional commission charges.

Fort Financial Services offers traders MT4 and a couple of other options

castleFort Financial Services offers the most popular trading platform, as in MetaTrader 4, as well as a couple of other options. These are CQG and NinjaTrader that can be used for trading futures and options as well as a platform designed specially for trading binary options. Automated strategies, NDD execution, one click trading as well as trading direct from the charts are all possible.
CQG is a stock exchange trading platform that has been created by CQG Inc. it provides direct access to more than 40 exchanges via a global network of united exchange gateways and servers.
NinjaTrader is a trading platform for advanced charting, market analytics, trading system development and trade simulation. From the moment a client logs on they are provided with an automatic control strategy for position management.

Fort FS customer support and education

With such a number of offers available for newbie traders, it came as no surprise to discover there is also a fair amount of training material available. From a basic introduction to trading right through to more advanced subjects such as technical, graphical and fundamental analysis, along with trading psychology. There is also a good FAQs section where you’ll find the answer to many of your questions. If you need to get in touch for further support there is a telephone number, an online contact form, as well as an instant chat option.
Fort Financial Services may have chosen to be regulated by a far softer regulatory body than many others, but it does appear to be a decent enough broker. The conditions it offers for trading are more than reasonable, and it certainly provides both beginners and more veteran traders with heaps of options. There’s a great range of products to choose from, a wide choice of trading platforms and more types of account than many of the big brokers offer. It even has some interesting bonuses, and with a $5 welcome bonus and a demo account available, there’s every opportunity to try this broker without risking any of your own money.
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