Fortrades Review : Fees, Pros and Cons, Reviews by Real Traders

Fortrades

Operating status: SCAM

Website: https://fortradesltd.com/en/

Broker violations and abnormal records

Jun 27, 2022 The UK FCA Warns that Fortrades is a Clone Firm
On 28 June 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Fortrades is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/fortrades-ltd-clone-fca-authorised-firm

On 28 June 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Fortrades is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/fortrades-ltd-clone-fca-authorised-firm
Aug 22, 2022 BrokersView has Reviewed that Fortrades is an Unregulated Forex Broker
Fortrades claims to be registered with Companies House of United Kingdom (CH), registration number 08619610. We searched CH and found a matching result. However, please be informed that CH does not regulate forex activities or issue forex licenses. So having registration does not mean being authorized to provide financial services.
We searched the forex regulator in UK - the United Kingdom Financial Conduct Authority (UK FCA) but only found a warning. UK FCA warned that Fortrades is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.
The truth is that Fortrades is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Fortrades claims to be registered with Companies House of United Kingdom (CH), registration number 08619610. We searched CH and found a matching result. However, please be informed that CH does not regulate forex activities or issue forex licenses. So having registration does not mean being authorized to provide financial services. We searched the forex regulator in UK - the United Kingdom Financial Conduct Authority (UK FCA) but only found a warning. UK FCA warned that Fortrades is a clone firm. The fraudsters are using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. The truth is that Fortrades is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Aug 31, 2025 BrokersView has identified that Fortrades's website is currently offline
BrokersView found that the domain "https://fortradesltd.com/en/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://fortradesltd.com/en/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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