Floating spreads for these pairs during the volatile period were 1214 pips for EUR/MXN and 3653 pips for GBP/TRY. Note that exotic pairs do not have their zero spread options listed. Fort Account fixed spread for XAU/USD is 75 pips and for XAU/EUR 150, higher than variable spreads during Friday closing volatility. Although for Palladium and Platinum the spread was fixed to 600 pips, lower than floating spread. For spot Silver, the fixed spread was 10 times lower at 6 points. Overall, the platform is designed and superior for scalpers that need to have extra options for their strategies or automation.

There are no restrictions, and for some instruments, the rebate is 15% minimum. Spreads from 0.3 pips that are presented on the FortFS website are correct, and the major pairs have even less during the calm periods. Spread expansion is about 10 fold during higher volatility and this measurement can be used for Stop Loss orders placement to avoid the spread triggering. XAU/USD spread is around 70 pips during Friday closing, Palladium 2300 pips and Platinum 500. The BTC/USD has 3 digits price precision so the spread was $144 per coin.

Moving Account

From precious materials, ETFs traders can find GlodMiners, Diamonds, and S&P Metals and Mining ETFs. TRY quoted pairs shown the biggest swaps https://traderoom.info/fortfs-overview/ around -$100 for long and $3 for short position. For precious metals swaps are calculates in percentage terms per annum. XAU/USD has -5% on both sides, XPT/USD -1.37% and XPD/USD -3%.

What Add-Ons / Utilities are available for TFS? closed

One-click trading buttons are not visible so the trader will need to enable it. The execution times for the Pro Account were around 60 ms with almost no deviation and valid for all assets. Some additional information to this FortFS review that is important for investors. FortFS location cannot be determined and shares the common Belize location with many other off-shore brokers, some of which have scam reputation. FortFS does not give that impression at all, and most of the trust comes from their hard-to-achieve level of service and solid user ratings. Some of the bad ratings could come from traders that do not respect the bonus rules or use other prohibited techniques like quotes delay arbitrage and so on.

FortFS did not want to change the client defaults so 4 non-working charts may not be a good presentation to a novice if they decide to go with the Pro Account type. Inside the indicators list, we have noted a long list of custom added indicators and 3 basic templates. For the Pro Account, you will see only Forex, Commodities and the Indicative symbols groups as this account type does not feature all the possible assets.

1. FortFS client portal showed us fewer deposit options than what is officially presented on the broker website so the deposit options will be limited for certain jurisdictions.
2. Can be activated only for MT4 AccountsAutoRebate is a rebate of up to 30% per lot.
3. Stops level is usually zero or one point for Flex Account, which is convenient for scalpers.
4. They gift Welcome Bonus (35 USD) to clients to experience real market conditions without any financial loss.
5. MetaQuotes platforms are well known as almost all brokers use it but NinjaTrader and CQG are not that popular.

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Most of these traders are also attracted to the leverage, bonuses and other promotions that can be abused. For Indexes, the commission is 0.075% per lot and Crypto – 1.5% per lot traded. Stocks have 0.1% commissions per lot and ETFs have 0.1% per contract Swaps for Forex are under normal levels, with some positive figures and calculated in currencies. EUR/USD swap is -9.91 for long and 0.18 EUR for short per lot. GBP/USD has -7.79 and a positive short position swap 0.86 GBP. Interestingly as we go towards minors and more exotic currency pairs, the swap is lower on both sides.

Company Information

Cryptocurrencies also have percentage swap and they are -20% on all. Swaps are tripled on Wednesdays and for Crypto on Fridays. Some of the charts were offline as the matching asset name is different. The symbols are also grouped and categorized differently. The execution time is 130ms on average, twice slower than the MT5 although still fast enough, faster than presented “from 0.3 s”.

This platform provides direct trade with convenient option on click trading. The most widespread trading platform with modern and graphical tools and numerous indicators. Founded in 2010, Fort Financial Services Ltd was established to provide services for both beginners and veterans in the trading community. With the impossible to login, l couldn’t close my open trades. I think they have done this deliberately so that my account can be in negative.

The demo opening process is simplified and done through the platform, with most of the fields automatically filled in. The trader can select the account type, leverage, funds amount and so on. The only Account that does not have the micro-lot size volume is the Pro Account where the minimum trade size is 0.1 lots but any additional volume steps are 0.01 lots. Stops level is usually zero or one point for Flex Account, which is convenient for scalpers. For Fort Account Stops level varies from 0 to 86 points we have noticed with GBP/ZAR currency pair. Double-digit Stops levels were mostly for exotics while others have marginal values.

1. The commissions are the same as with Newbie ($20 lot), as well as the minimum deposit.
2. FortFS did not want to change the client defaults so 4 non-working charts may not be a good presentation to a novice if they decide to go with the Pro Account type.
3. More on bonuses in the lower section of this FortFS review.
4. This is a full asset range we had available with the Flex Account.
5. Overall ratings by users are mixed although they are either excellent or bad.

This FortFS review will evaluate the broker services by sections so traders will have complete insight into points of interest. FORTFS is ahead of its competitors when it comes to platform offerings and client promotions. However, the broker needs to fortify its regulatory affiliation and widen its range of asset classes to cater to more traders. The minimum deposit presented on the table is $5 for Fort, Flex, and Newbie Accounts.

These are Crypto, Futures, Commodities, Precious metals, ETFs, Stocks, Indexes, and Forex with an additional zero spread currency pairs sub-category. This is a full asset range we had available with the Flex Account. VIP status is reached once a trader has a $25,000 balance excluding the bonuses. NinjaTrader has an insight into true market depth, simultaneous orders at different prices which opens special possibilities for experienced fast trading traders. The testing module is also somewhat better than MetaTrader’s Strategy tester with the ability to back and future test, simulated data feed support, and Monte Carlo simulation.