Fortrade Forex Broker

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.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! Financial Conduct Authority (FCA) Current StatusSuspicious Clone Regulated by United State License TypeMarket Making (MM) License No.609970 Licensed InstitutionFortrade LimitedDownsides 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.