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Fortrade

United Kingdom
Entry Time 2021-07-23
2021-07-23Input
https://fxen.gloryft.com/
https://fxen.gloryft.com/
Exposure

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2024 years 5 Month
2024-5
Time2024 years 5 Month
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Exposure

Pyramid scheme complaint
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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.

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