Score
FORTUNE SECURITIES
New Zealand|5-10 years| https://www.forex.cn/
Website
Rating Index
Contact
Licenses
Licensed Institution：FORTUNE SECURITIES PTY LTD
License No.：343560
Single Core
1G
40G
1M*ADSL
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
Basic information
New ZealandA Visit to FORTUNE SECURITIES in Australia-Unfound
It was confirmed after the surveyor’s inspection that the real address of FORTUNE SECURITIES in Australia was different from its regulation address.In terms of license, the broker held a general financial license from ASIC. Please think twice about the above information and then make choice.
AustraliaA Visit to FORTUNE SECURITIES in Australia-Unfound
It was confirmed after the surveyor’s inspection that the real address of FORTUNE SECURITIES in Australia was different from its regulation address.In terms of license, the broker held a general financial license from ASIC. Please think twice about the above information and then make choice.
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Website
forex.cn
Server Location
Hong Kong
Website Domain Name
forex.cn
Website
WHOIS.CNNIC.CN
Company
阿里云计算有限公司（万网）
Domain Effective Date
2003-03-17
Server IP
182.16.121.26
Company Summary
| FORTUNE SECURITIESReview Summary | |
| Founded | 2003 |
| Registered Country/Region | New Zealand |
| Regulation | Exceeded |
| Market Instruments | CurrencyGlobal Stock IndicesCommodity futuresMetalsStocks |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | 1.7 pips |
| Trading Platform | MT4Web Trading PlatformTablet Trading Platform |
| Min Deposit | $50 |
| Customer Support | Phone: 400-688-0155 |
| Email: services@forex.cn | |
FORTUNE SECURITIES Information
FORTUNE SECURITIES was incorporated in New Zealand in 2003, offering trading products such as Currency, Global Stock Indices, Commodity futures, Metals, Stocks, etc., offering 3 account types and 3 trading platforms. That includes MT4. At present, although FORTUNE SECURITIES holds a regulatory license, the regulatory status is not normal.
Pros and Cons
| Pros | Cons |
| 3 trading platforms and MT4 support | Abnormal regulatory state |
| No commission | |
| Offer demo account | |
| Trade many products |
Is FORTUNE SECURITIES Legit?
| Regulated Country/Region |  |
| Regulated Authority | CFFEX |
| Regulated Entity | FORTUNE SECURITIES PTY LTD |
| License Type | Investment Advisory License |
| License Number | 343560 |
| Current Status | Exceeded |
What Can I Trade on FORTUNE SECURITIES?
FORTUNE SECURITIES offers trading in more than 40 currencies, nine global stock indices, seven commodity futures, two metals, and the stocks of major public companies in the United States, Japan, and Europe.
| Tradable Instruments | Supported |
| Currency | ✔ |
| Global Stock Indices | ✔ |
| Commodity futures | ✔ |
| Metals | ✔ |
| Stocks | ✔ |
| Bonds | ❌ |
| ETF | ❌ |
Account Types
FORTUNE SECURITIES offers 3 different types of accounts: Mini Account, Standard Account and VIP Account. Their minimum deposit requirements range from $50 to $20,000.
In addition, the default leverage ratio is 1:100. It currently provides 1:100, 1:50, 1:25, 1:20, 1:10 five leverage ratios for you to choose from.
FORTUNE SECURITIES Fees
The spread of EUR/USD for the three accounts are 2.3 pips, 1.7 pips and 1.2 pips. The spread of the remaining forex pairs in the VIP account ranges from 1.5 to 3.7; The rest of the forex spread in the standard account is 1.8 to 3.7; Mini account is 2.3 to 4.5.
The spread of the stock index ranges from 2.2 to 10.
All three accounts have spreads of 0.5 to 5.5 on commodities futures.
All three accounts have a spread of 5.8 to 6 on metals.
In addition, FORTUNE SECURITIES says it is commission-free.
Trading Platform
FORTUNE SECURITIES offers three Trading platforms, MT4,Web Trading Platform and Tablet Trading Platform. Traders can use it on desktop, mobile, web or tablet.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Desktop, Mobile | All traders |
| Web Trading Platform | ✔ | Web | All traders |
| Tablet Trading Platform | ✔ | Tablet | All traders |
| MT5 | ❌ |
Deposit and Withdrawal
FORTUNE SECURITIES supports a variety of deposit methods: bank wire, VISA, mastercard, and China UnionPay. In addition, both the US dollar and the RMB are supported for deposit, and no deposit procedures are charged. If you deposit funds by bank wire transfer, the bank may charge a certain fee.
About Withdrawal:
Bank transfer: It is usually processed within one business day, but it takes 3-5 days for the funds to be credited to your bank account.
Credit/debit card transfers: Usually processed within one business day, but it takes 5 to 7 days for the funds to be credited to your bank account.
Keywords
- 5-10 years
- Regulated in Australia
- Investment Advisory License
- Suspicious Scope of Business
- Suspicious Overrun
- High potential risk
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