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Fortrade

United Kingdom|2-5 years|
High potential risk|

https://fxen.gloryft.com/

Website

Rating Index

Influence

Influence

C

Influence index NO.1

Ukraine 3.25

Surpassed undefined% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

info@gloryft.com
https://fxen.gloryft.com/
Michelin House, 81 Fulham Road, London. SW3 6RD

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 609970) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Fortrade · WikiFX Survey
Danger A Visit to Fortrade in UK -- Finding No Office
United Kingdom

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Fortrade · Company Summary

Note: Fortrade's official website: https://fxen.gloryft.com/ is currently inaccessible normally.

Fortrade Information

Fortrade, the full name of the company is Fortrade Ltd, the search information shows that it was registered in 2017, the registered address is uncertain.

Fortrade Investors can contact Fortrade for customer service at info@gloryft.com.

Currently, Fortrade is in an unregulated state and trading with it is not recommended.

Fortrade Information

Is Fortrade Legit?

The UK FCA regulation claimed by the broker (certificate number :609970) is suspected of cloning, so the broker has no effective supervision at present. Please be aware of the risks!

FCA
Financial Conduct Authority (FCA)
Current StatusSuspicious Clone
Regulated by United State
License TypeMarket Making (MM)
License No.609970
Licensed InstitutionFortrade Limited

Downsides of Fortrade

  • Unavailable website

Fortrade'sofficial website is currently inaccessible, leaving many investors without a key way to learn about the broker.

  • Lack of transparency

Fortrade is woefullylacking transparency. A lot of basic information is not known, which can cause some confusion in the decision-making of investors.

  • Regulatory concerns

The regulatory status of suspected cloning indicates that Fortrade is not subject to effective supervision, and its potential risks are large, which is not suitable for investors to trade.

Conclusion

To sum up, we can clearly understand the downsides exposed in Fortrade's operation, that is, the website is not accessible, the lack of transparency and the lack of effective supervision. These problems, even if Fortrade problems, are also common shortcomings of unqualified brokers.

Therefore, it is not recommended that investors choose brokers such as Fortrade. Choosing a formal, regulated and transparent broker is the key to ensuring investment safety.

Broker Information

Company Name

Fortrade Ltd

Abbreviation

Fortrade

Regulatory Status

Suspicious Clone

Platform registered country and region

United Kingdom

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company

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Twitter

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Facebook

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Instagram

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YouTube

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Company address
  • Michelin House, 81 Fulham Road, London. SW3 6RD

Linkedin

--

WhatsApp

--

QQ

--

WeChat

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Customer Service Email Address
  • info@gloryft.com

Company Summary

Review

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