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Forthright Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.forthrig..., the company's legitimate regulatory information Hong KongSFCDealing in futures contracts to enhance the security of the company's address 方德证券有限公司 | 上环皇后大道中 183号,新纪元广场中远大厦33楼,3308-3309室

Forthright Forex Broker

Basic Information

Registered Region
Hong Kong
Operating Period
--
Company Name
方德证券有限公司
Abbreviation
Forthright
Company employee
--
Customer Service Email Address
info@forthright-sec.com
Company address
方德证券有限公司 | 上环皇后大道中 183号,新纪元广场中远大厦33楼,3308-3309室
Keywords
5-10 years
Regulated in Hong Kong
Dealing in futures contracts
Suspicious Scope of Business

Company profile

ForthrightReview SummaryFounded2015-09-13Registered Country/RegionHong KongRegulationRegulatedProducts Securities trading/Futures trading/Fund tradingTrading PlatformFangde Hong Kong Us Stock App(MacOS, Windows, Android, and iOS)Customer SupportNational service hotline: 400-100-1359/(852)2957-6133 (Hong Kong)Email: cs@forthright-sec.comForthright Information Founded in August 2015, Founder Securities Co., Ltd. (hereinafter referred to as Founder (Hong Kong)) is an HK-licensed international financial institution that provides global securities and futures brokerage services to individual and institutional investors.Is Forthright Legit? Hong Kong Regulatory Authority(HK) regulates Forthright under license No.BGP713 and License Type Dealing in futures contracts, making it safer than unregulated.What products does Forthright have? Securities Trading: Invest in 10,000+ Hong Kong and US stocks, ETFs, REITs, futures contracts, and more securities derivatives. The Hong Kong stock market brings together many well-known technology companies, such as Tencent, Alibaba, Meituan, Baidu, and Xiaomi Group. US stocks can choose Coca-Cola (KO), ExxonMobil (XOM), Walmart (WMT), etc. Investors are optimistic about the prospects of such companies. High-leverage futures cover a variety of asset classes, including but not limited to stock index futures, commodity futures (such as gold, and crude oil), interest rate futures, etc. The fund portfolio is diverse, including stock funds, bond funds, money market funds, and private equity funds. Covering major high-prosperity and high-heat sectors, such as technology, artificial intelligence, etc. The investment amount of some funds in the fund portfolio is as low as HK$50.Trading Platform The Fangde Hong Kong US Stock App is developed by Fangde (Hong Kong)'s parent company. It is a comprehensive service trading APP that integrates account opening, trading, market conditions, information, live video, and other functions. It supports downloads on all platforms, such as MacOS, Windows, Android, and iOS.Trading PlatformSupported Available Devices Suitable for Fangde Hong Kong US Stock App✔MacOS, Windows, Android, and iOSAll Investors

Rating Index

How to login to Forthright?
Forthright Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Forthright Account Registering for a Forthright account is the first step towards accessing its various services. Follow these detailed steps to ensure a smo

  

Forthright Forex Broker - Complete Information Guide

  

1. Broker Overview

  Forthright, established in 2015, is a highly regarded forex brokerage firm headquartered in Hong Kong. The company operates under the name Forthright Securities Co., Ltd., located at Fang De Securities Co., Ltd., No. 183, Shang Huan Empress Avenue, 33/F, Xin Xi Yuan Plaza Zhongyuan Building, Room 3308-3309. As a privately held entity, Forthright has developed a strong reputation in the financial industry, particularly in the forex and CFD trading markets.

  Forthright primarily serves individual and institutional investors globally, offering a diverse range of financial instruments including forex pairs, commodities, and indices. Over the years, the company has achieved significant milestones, such as obtaining regulation from the Hong Kong Securities and Futures Commission (SFC), which has bolstered its credibility among traders.

  The business model of Forthright focuses on retail forex trading, providing clients with a user-friendly platform to access various markets. As a forthright broker, the company aims to deliver transparent and efficient trading services to its clientele.

  

2. Regulatory and Compliance Information

  Forthright is regulated by the Hong Kong Securities and Futures Commission (SFC), which ensures that the broker adheres to strict compliance standards. The SFC license number for Forthright is BGP 713, allowing it to deal in futures contracts. This regulation is effective and covers a wide range of trading activities, providing a secure environment for clients.

  The firm maintains client funds in segregated accounts, ensuring that customer deposits are protected and not used for operational expenses. Additionally, Forthright participates in an investor compensation fund, which further safeguards clients' investments.

  To comply with global standards, Forthright implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. These practices are designed to prevent fraud and ensure the integrity of the financial system, showcasing the broker's commitment to responsible trading practices.

  

3. Trading Products and Services

  Forthright offers a wide array of trading products, catering to diverse investment needs. The broker provides access to over 50 forex currency pairs, including major, minor, and exotic pairs. In addition to forex, Forthright also offers Contracts for Difference (CFDs) on various asset classes such as indices, commodities, and stocks. This allows traders to diversify their portfolios and take advantage of different market opportunities.

  The firm frequently updates its product offerings, introducing new instruments based on market demand. Retail trading services are complemented by institutional client services, which include tailored solutions for larger investors. Forthright also provides white-label solutions for businesses looking to enter the forex trading space, as well as asset management services for high-net-worth individuals.

  

4. Trading Platforms and Technology

  Forthright does not support MetaTrader 4 or 5, opting instead for its proprietary trading platform. This platform is designed to be user-friendly and efficient, providing traders with essential tools to execute trades seamlessly. The firm also offers a web-based trading platform, ensuring that clients can access their accounts from any device with internet connectivity.

  For mobile traders, Forthright has developed applications compatible with both iOS and Android devices, allowing users to trade on-the-go. The broker employs an ECN execution model, which ensures that trades are executed quickly and at competitive prices.

  The technological infrastructure of Forthright includes secure servers located in strategic regions to enhance execution speed and reliability. The broker also supports API access, enabling clients to engage in automated trading strategies.

  

5. Account Types and Trading Conditions

  Forthright offers various account types to meet the needs of different traders. The standard account requires a minimum deposit, with competitive spreads and no commission on trades. For advanced traders, the broker provides premium account options, including VIP and professional accounts that offer enhanced features and lower trading costs.

  The broker also accommodates specialized accounts, such as Islamic accounts that comply with Sharia law. A demo account is available for traders to practice their strategies without financial risk.

  Leverage offered by Forthright varies by product, with a maximum of 1:500 available for forex trading. The minimum trade size is typically 0.01 lots, allowing for flexible trading strategies. Overnight fees are applied according to the positions held, and traders are advised to review the fee structure before engaging in trading.

  

6. Fund Management

  Forthright supports a variety of deposit methods, including bank transfers, credit cards, and e-wallets, making it convenient for clients to fund their accounts. The minimum deposit requirement varies by account type, with clear guidelines provided on the broker's website.

  Deposit processing times are generally swift, ensuring that clients can access their funds promptly. Forthright does not charge deposit fees, which enhances the overall trading experience for clients.

  Withdrawals can be made through similar methods, with specific limits and processing times outlined for each method. The broker is committed to transparent withdrawal policies, ensuring that clients are informed of any applicable fees and processing durations.

  

7. Customer Support and Educational Resources

  Forthright provides comprehensive customer support through multiple channels, including telephone, email, and live chat. The support team is available during business hours to assist clients with any inquiries or issues they may encounter.

  The broker offers services in multiple languages, catering to a diverse clientele. Educational resources are also a significant part of Forthright's offerings, including webinars, tutorials, and e-books to help traders enhance their skills and knowledge.

  Market analysis services are provided daily, with research reports and news updates available to clients. Additionally, the broker offers a suite of trading tools, including calculators and economic calendars, to support traders in their decision-making processes.

  

8. Regional Coverage and Restrictions

  Forthright primarily serves markets in Asia and beyond, with a strong focus on clients in Hong Kong and mainland China. The broker has established regional offices to facilitate better service delivery and client engagement.

  However, Forthright does not accept clients from certain jurisdictions, including the United States and countries under international sanctions. Specific restrictions are in place to ensure compliance with local regulations, and potential clients are encouraged to verify their eligibility before opening an account.

  In conclusion, Forthright stands out as a reliable and well-regulated broker in the forex trading space, offering a comprehensive suite of services and products to meet the needs of its diverse clientele. As a forthright broker, it prioritizes transparency, efficiency, and client satisfaction, making it a noteworthy choice for traders worldwide.

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Latest Reviews

FX1572187416

FX1572187416

Malaysia

Forthright, as a globally regulated broker, has its merits, but let's keep it real. The free educational resources are there, but calling it "world-class" might be a stretch. The online and offline sessions are available, but the quality can be hit or miss. On the bright side, withdrawals of profits are indeed fast and easy, which is a relief. Overall, Forthright has its pros, but it's not all sunshine and rainbows.

37130

2023-12-22

Forthright Forex Broker has an overall rating of 7.02, Regulatory Index 6.54, License Index 6.58, Business Index 7.87, Software Index 5.89 Risk Control Index 9.77.
Forthright