Score

2.01 /10
Danger

Fortuno Markets

Saint Lucia

1-2 years

Regulated in United Kingdom

Common Business Registration

Suspicious Scope of Business

Suspicious Overrun

Medium potential risk

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Comparison

Quantity 6

Exposure

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Website

Score

Regulatory Index1.25

Business Index5.08

Risk Management Index0.00

Software Index4.00

License Index1.25

The WikiFX Score of this broker is reduced because of too many complaints!
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Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

Fortuno Markets Ltd

Company Abbreviation

Fortuno Markets

Platform registered country and region

Saint Lucia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-30
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 15884483)Common Business Registration Non-Forex License. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
Fortuno Markets · Company summary
Fortuno MarketsReview Summary
Founded2023-08-06
Registered Country/RegionSaint Lucia
RegulationExceeded
Market InstrumentsForex/Indices/Commodities/Stocks/ETFs/Bonds/Crytos/Metals
Demo Account
LeverageUp to 1:2000
SpreadUltra Low
Trading PlatformFortuno(Android)
Min Deposit$10
Customer SupportEmail: support@fortunomarkets.com
General support: Telegram @fortunosupport
IB manager: Telegram @fortunopartner
Facebook/Twitter/Instagram/LinkedIn/YouTube/Telegram

Fortuno Markets Information

Fortuno Markets is a multi-asset, tech-focused broker that provides CFDs on Forex, Commodities, Bonds, Metals, Energies, Stocks, Indices, and much more with up to 1:2000 leverage. The broker also provides swap-free accounts. The minimum deposit is $10. Fortuno Markets is still risky due to its exceeded status, high leverage, and bad reviews about difficulty withdrawing money.

Fortuno Markets Information

Pros and Cons

Pros Cons
Swap freeExceeded
24/7 customer supportMT4/MT5 unavailable
Commission freeDemo account unavailable
Various tradable instrumentsHigh max leverage
Negative comments about difficulty in withdrawal

Is Fortuno Markets Legit?

FCA regulates Fortuno Markets with license number 15884483 and License Type Common Business Registration. However, the 'Exceeded' current status is not as safe as the regulated one.

Is Fortuno Markets Legit?
Is Fortuno Markets Legit?

What Can I Trade in Fortuno Markets?

Fortuno Markets offers 300+ market instruments, including forex, indices, commodities, stocks, ETFs, bonds, cryptos, and metals.

Tradable Instruments Supported
Forex
Indices
Commodities
Stocks
ETFs
Bonds
Cryptos
Metals
Shares
Mutual Funds
What Can I Trade in Fortuno Markets?

Account Type

Fortuno Markets has two account types: premium and standard. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Account Type PremiumStandard
SpreadUltra LowLow
LeverageUp to 1:2000Up to 1:2000
CommissionZeroZero
Minimum Deposit$10$10

Fortuno Markets Fees

Fortuno Markets claims to offer a commission of 0.

Leverage

The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.

Trading Platform

Fortuno Markets provides a propriety trading platform, which is available in Android, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.

Trading PlatformSupported Available Devices
FortunoAndroid
Trading Platform

Deposit and Withdrawal

The first account deposit amount must be $10 or above. Deposit processing times are instant and withdrawal processing times are less than 24 hours and associated fees are none.

IDR Payment 1IDR Payment 2MYR Payment 1MYR Payment 2USDT(TRC20, BEP20, ERC20)
Minimum Deposit$10$10$10$25$5
Maximum Deposit$3000, $500 for QRIS$3000, $500 for QRIS$3000$3000$10000
Deposit TimeInstantInstantInstantInstantInstant
Deposit FeesNo feesNo feesNo feesNo feesNo fees
Minimum Withdrawal$10$10$10$25$5
Maximum Withdrawal$3000$3000$3000$3000$10000
Withdrawal TimeLess than 24 hoursLess than 24 hoursLess than 24 hoursLess than 24 hoursLess than 24 hours
Withdrawal FeesNo feesNo feesNo feesNo feesNo fees

News

ExposureFortuno Markets Exposed: Unregulated Broker Engaging in Fraud

​Fortuno Markets falsely claims NFA regulation. Unlicensed, with no physical offices found. Traders report scams, vanished funds, and withdrawal issues.

WikiFX
2024-08-31 16:03
Fortuno Markets Exposed: Unregulated Broker Engaging in Fraud

User Reviews

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User comment

6

Comments

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FX2582496398
0-3months
I am loose my money 4000$ in fortuno market broker, can't withdraw with reason money laundry, and I should be add more 4000$, and this broker totally delete my account and I am loose all my money, please don't use this broker if you don't wants your money loose before trading. you can see on picture for my account.
I am loose my money 4000$ in fortuno market broker, can't withdraw with reason money laundry, and I should be add more 4000$, and this broker totally delete my account and I am loose all my money, please don't use this broker if you don't wants your money loose before trading. you can see on picture for my account.
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2025-01-01 12:45
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Yunhok
more than one year
Fortuno Markets seems to offer competitive spreads and a decent range of account types. It's not the cheapest option out there, but it's definitely worth considering for traders looking for a reliable platform with some flexibility.
Fortuno Markets seems to offer competitive spreads and a decent range of account types. It's not the cheapest option out there, but it's definitely worth considering for traders looking for a reliable platform with some flexibility.
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2024-07-17 17:19
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6