Score

1.54 /10
Danger

Fortex

United States

5-10 years

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index7.21

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Warning: Low score, please stay away!
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Fortex · Company summary
Fortex Review Summary
Founded1997
Registered Country/RegionUnited States
RegulationNo regulation
Products MT4/5 Bridge OMX, Fortex XCloud, Fortex ECN solutions, Fortex 7 & AlgoX
Customer SupportLive chat, contact form
Tel: 650.591.8822
Fax: 650.591.8818
Email: info@fortex.com, support@fortex.com
Social media: Twitter, LinkedIn, Facebook, YouTube
Silicon Valley Headquarters: Palo Alto Square, 3000 El Camino Real, Building 4, Suite 200, Palo Alto, CA 94306, U.S.A.
Contact info for other branches: https://www.fortex.com/en/con

Fortex Information

Fortex, with its headquarters in Silicon Valley, is a technology provider offers tech solutions to its clients, from middleware, APIs, and a rich array of trading consultation, analysis, and customization services to end-user applications for desktop, web, or mobile trading.

However, the broker currently operates without valid regulation from authority bodies, which degrade its legitimacy and reliability.

Fortex's homepage

Pros and Cons

Pros Cons
Many years' industry experienceNo regulation
Live chat support
Multiple contact channels

Regulatory Status

Regulation is a crucial aspect of evaluating the legitimacy and reliability of a brokerage firm, and in the case of Fortex, the broker operates without any valid regulatory oversight. The absence of a regulatory framework raises huge concerns regarding the broker's adherence to industry standards, financial transparency, and the protection of client interests.

No license

Products & Services

As a tech provider for financial companies, Fortex offers a wide range of technology solution services to traders, broker dealers, liquidity providers, money managers, banks, hedge funds, and investors around the world, with its own product lists.

Liquidity Access

Fortex Bridge OMX connects MT4/5 traders to global liquidity providers through Equinix NY4, HK1, and LD4 facilities, ensuring sub-1ms round-trip trade times and seamless access to deep liquidity pools.

Liquidity Access

Low-Latency

InfrastructureFortex XCloud delivers high-frequency, low-latency connectivity through dedicated data centers, enabling efficient execution of thousands of concurrent orders with Tier 1 liquidity providers.

Low-Latency

Trading Platforms

The Fortex ECN Platform, including Fortex 7 and AlgoX, provides a comprehensive suite for trading currencies, commodities, CFDs, and equities, featuring a user-friendly interface and powerful algorithmic trading capabilities.

Trading Platforms

Comprehensive Solutions

Fortex integrates global liquidity aggregation, cloud-based infrastructure, and advanced trading engines to offer the most complete multi-asset ECN trading ecosystem.

Comprehensive Solutions

User Reviews

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User comment

5

Comments

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Alice S.Saitama
more than one year
I placed a sell order on GBPUSD & it will be deeper in loss when the sell candle stick pull down.then when buy pulls up it gets in profit.I tried reaching out to them but no response.I have recorded the live trades of my accusations and sent it to them. Fortex is manipulating trades and it does this to many traders who are not aware!!!
I placed a sell order on GBPUSD & it will be deeper in loss when the sell candle stick pull down.then when buy pulls up it gets in profit.I tried reaching out to them but no response.I have recorded the live trades of my accusations and sent it to them. Fortex is manipulating trades and it does this to many traders who are not aware!!!
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2024-06-28 15:27
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Fuadwjd
more than one year
I used Fortex as my broker, but I gotta say, I'm not impressed. They closed my positions without hitting my stop-loss, which messed up my trading plans. Once, I managed to break even with a tiny profit, only to come back a few hours later and find out I'd lost some money. Sadly, when I reached out to customer support, they told me they closed my positions at a different price level.
I used Fortex as my broker, but I gotta say, I'm not impressed. They closed my positions without hitting my stop-loss, which messed up my trading plans. Once, I managed to break even with a tiny profit, only to come back a few hours later and find out I'd lost some money. Sadly, when I reached out to customer support, they told me they closed my positions at a different price level.
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2024-03-10 23:23
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