Fortuna Markets Information
Fortura Markets, registered in August 2023, is an unregulated forex and CFD broker offering trading in five asset classes including forex, indices, and more through the user-friendly MT5 platform. While it offers three account types with promotions and copy trading features, the biggest concern is no regulation from any supervision authority on its orations.
Pros and Cons
Is Fortuna Markets Legit?
Fortuna Markets is an unregulated trading platform, which means investor protections are non-existent for clients here. Additionally, the domain name fortunamarkets.com was registered recently in August 2023, and the owner has restricted domain transfers.
What Can I Trade on Fortuna Markets?
The more diverse your portfolio is, the better. With Fortuna Markets, you can make a diversified portfolio in 5 asset classes, including forex, indices, commodities, shares, and cryptocurrencies.
Account Type
Fortuna Markets offers three different account types: Bronze, Silver, and Gold. Please check the table below for details.
Fortuna Markets Fees
Fortuna Markets offers three account types with different fee structures. The Bronze account is commission-free but has wider spreads. The Silver and Gold accounts have tighter spreads but they will charge a commission. The Gold account offers the tightest spreads as well as the lowest commission, thus making it ideal for high-volume traders. Only the Bronze account has a free swap rate, while Silver and Gold accounts are subject to swap rate charges.
Trading Platform
Copy Trading
Fortuna Markets' copy trading feature allows traders to automatically replicate the trades of successful traders. This is a great way to learn from experienced professionals and potentially profit from their strategies. By following top traders, newcomers can benefit from their expertise and market knowledge without the need for research or active trading.
Promotions
Fortuna Markets is offering a welcome bonus for new accounts opened between January 1st and March 31st. Traders can get a $30 bonus on a Bronze account, $300 on a Silver account, or $1500 on a Gold account.
Customer Service
You can reach out to Fortuna Markets by email at fortunamarkets.com and by phone at +359 (2) 4928418.
The Bottom Line
Fortuna Markets offers a user-friendly MT5 platform, multiple assets including forex and more, three account types with promotions, and a copy-trading feature. However, the major drawback is the lack of regulation. Fortuna Markets might be suitable for beginner or casual traders attracted by the user-friendly platform, diverse assets, and low minimum deposit (for the Bronze account).
FAQs
Is Fortuna Markets regulated?
No, Fortuna Markets does not operate under any regulatory oversight. This lack of regulation places investors at a higher risk.
What assets can I trade on Fortuna Markets?
Fortuna Markets offers trading in various asset classes, including forex, indices, commodities, and cryptocurrencies.
What are the fees associated with Fortuna Markets?
Fortuna Markets offers three account types with varying fee structures
- Bronze: Commission-free but with wider spreads.
- Silver and Gold: Tighter spreads but with commissions.
- All accounts: Have swap rates (overnight financing fees).
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure to understand the risks involved and notice that the information above provided in this review may be subject to alteration.
