Fortissio Review 2019 | Is Fortissio a Scam or Legit Forex Broker?
Rating breakdown
Fortissio Overview
Fortissio is an online Forex and CFD broker based in Greece. The brand offers currencies, stocks, indices, cryptocurrencies, commodities and ETFs for trading on its TickTech platform.
| # | Broker's Features | FORTISSIO Availability |
|---|---|---|
| # | Commissions | ❌ |
| # | Hedging | ❌ |
| # | PAMM | ❌ |
| # | Scalping | ❌ |
| # | Accepts US traders | ❌ |
| # | 24 hour trading | ✔ |
| # | Swaps | ❌ |
| # | Demo account | ❌ |
| # | Daily analysis | ❌ |
| # | Automated trading | ❌ |
| # | Mobile trading | ❌ |
| # | Trading by phone | ❌ |
| # | 1st deposit bonus | ❌ |
| # | Forex contests competitions | ❌ |
| # | Bonuses Promotions | ❌ |
| # | Interest charges on the balance | ❌ |
| # | Free education | ❌ |
| # | Expert advisors | ❌ |
| # | Partnership programs | ❌ |
| # | Trust management | ❌ |
| # | 24 hour support | ❌ |
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Fortissio.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Fortissio offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency, Futures.
Tradable Products: Fortissio offers 47 currency pairs, 18 commodities, 81 stock shares, 18 indices, 6 cryptocurrencies, and 2 ETFs.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Fortissio is STP.
Features: Fortissio provides the “trading insider”, charts, market news and sms alert services to its clients. This is to keep the trader informed and updated as well as equipped to make the right trading decisions.
As Fortissio offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Fortissio recommended minimum capital is $100.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Fortissio is regulated by HCMC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Investor Protection & Regulations: Fortissio is regulated by the HCMC in Greece. Investors’ deposits are kept in separate bank accounts for safety. SSL prevents hackers from accessing user data from the broker website and platforms.
Languages Available: Next lets have a look at each broker's different Language options. Fortissio offers Arabic, English.
Payment methods: Next lets have a look at each broker's payment options. Fortissio offers Neteller, PayPal, Skrill, Bank Wire Transfer different payment methods for each account types.
Deposit and withdrawal: Credit/debit card, Bank Wire Transfer, ePayment solutions like PayPal, Skrill, Neteller, ecoPayz and ecoVoucher are acceptable payment channels. Also, internet banking solutions like ‘Trustly’ are accepted.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Fortissio makes TickTech available to clients.
Web & Desktop Trading Platforms: TickTech trading platform is provided for all clients for trading all assets offered by Fortissio. The TickTech loaded with features that are useful to the trader.
Mobile Trading Platforms: The Fortissio mobile app is the TickTech trading platform developed for the android and iOS devices. With it you can trade, access and manage your account and portfolio and access trader insights, plus the economic calendar.
Trader Education
Video tutorials are provided on the TickTech platform for traders. They are few in number and quite simple
Promotions
Fortissio do not have any bonuses, promotions or contest. This comes as a result of the European regulation which bans promotions.
Support
The customer service is available from Monday to Friday. The support channels are email, web chat, phone and web form.
Recup
Fortissio is a Greek broker offering over 130 tradable assets. Investors’ funds are safe as the brand is regulated. There are multiple payment options and very fast registration procedures. The available account types are many, allowing traders to make a choice according to their investment capital.
Final Thoughts
Unfortunately the broker has not provided a demo account and there is no real educational material. Although the Traders Insight tool is really excellent and can be found on the platform. Traders who like to keep it simple when trading, will find this broker’s services excellent.
Trading Experience
Fortissio brokerage services are best for simple traders that do not employ complex strategies.