Fortissio 2025 Review: Everything You Need to Know
Fortissio, a broker that has been in operation since 2017, is gaining attention in the online trading community. This review aggregates various insights from recent evaluations, focusing on user experiences, advantages and disadvantages, and expert opinions. Overall, Fortissio presents itself as a regulated broker offering a range of trading assets, but it also faces scrutiny regarding its spreads, customer service, and regulatory compliance.
Note: It's important to highlight that Fortissio operates through different entities across regions, which may affect the regulatory framework and user experiences. This review aims for fairness and accuracy by considering these factors.
Rating Overview
How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert reviews, and factual data regarding the broker's offerings.
Broker Overview
Founded in 2017, Fortissio is a brand of Vie Finance A.E.P.E.Y. S.A., a Greek investment firm regulated by the Hellenic Capital Market Commission (HCMC). The broker offers a proprietary trading platform known as Profit, which provides access to various asset classes, including forex, stocks, commodities, indices, and cryptocurrencies. Fortissio allows traders to engage in CFD (Contract for Difference) trading, enabling speculation on price movements without owning the underlying assets.
Detailed Analysis
Regulatory Regions
Fortissio operates under the regulatory oversight of the HCMC in Greece and has a branch regulated by BaFin in Germany. However, the effectiveness of the HCMC's regulatory framework has been called into question, with some experts suggesting that it lacks the robustness of other major regulatory bodies, such as the FCA or ASIC. This raises concerns about the overall safety and reliability of the broker.
Deposit/Withdrawal Currencies/Cryptocurrencies
Fortissio primarily supports USD as the account base currency. Traders can deposit funds using various methods, including credit/debit cards, bank transfers, and e-wallets such as Skrill and Neteller. The minimum deposit required to open an account is $200. While there are no deposit fees, withdrawal fees may apply depending on the method used.
Minimum Deposit
The minimum deposit at Fortissio is set at $200, which is considered relatively standard among brokers. However, some reviews suggest that this requirement may be a barrier for novice traders looking to start with lower amounts.
Currently, Fortissio does not offer any bonuses or promotional incentives for new clients. This lack of promotional offers could be a drawback for traders looking for additional value when opening an account.
Tradable Asset Classes
Fortissio provides access to a wide range of tradable assets, including:
- Forex: Approximately 48 currency pairs, with leverage up to 1:30.
- Stocks: 197 stock CFDs from global markets.
- Commodities: 13 CFDs, including precious metals and energy products.
- Indices: 25 index CFDs.
- Cryptocurrencies: 13 cryptocurrency CFDs with limited leverage.
Costs (Spreads, Fees, Commissions)
Fortissio operates on a fixed spread model, but the spreads are reported to be higher than industry averages, with some sources indicating spreads starting from 3-4 pips on major currency pairs. This could impact overall trading costs and profitability for traders. Additionally, overnight fees may apply for holding positions.
Leverage
The broker offers leverage up to 1:200, which exceeds the maximum limits set by EU regulations. This discrepancy raises concerns about compliance with regulatory standards and could expose traders to higher risks.
Fortissio utilizes its proprietary Profit platform, which lacks the popularity of industry-standard platforms like MetaTrader 4 or 5. While the platform is user-friendly, it may not offer the advanced features and tools that experienced traders seek.
Restricted Areas
Fortissio is not available to residents of certain regions, including the United States, the United Kingdom, and several other countries. This restriction limits its accessibility to a broader audience.
Available Customer Service Languages
Customer support at Fortissio is available in multiple languages, including English, Greek, and German. However, user reviews indicate mixed experiences regarding the responsiveness and effectiveness of customer support, with some users reporting delays in response times.
Repeated Rating Overview
Detailed Breakdown
- Account Conditions: Fortissio offers various account types, but the minimum deposit requirement may deter some traders. The high leverage options also raise concerns about risk management.
- Tools and Resources: The proprietary platform provides basic tools, but the lack of advanced features may limit experienced traders.
- Customer Service and Support: Mixed reviews regarding customer support efficiency indicate a need for improvement.
- Trading Setup (Experience): The platform is user-friendly, but its limitations may frustrate more advanced users.
- Trustworthiness: While regulated, the discrepancies in leverage offerings and mixed user reviews raise red flags.
- User Experience: Overall user experiences vary, with some appreciating the simplicity and others criticizing the service quality.
In conclusion, Fortissio presents itself as a regulated broker with a broad range of trading options and a user-friendly platform. However, potential users should weigh the concerns regarding spreads, customer service, and regulatory compliance before committing their funds. As with any broker, it is crucial to conduct thorough research and consider personal trading needs and risk tolerance before making a decision.
