FortiCap.eu Review
FortiCap.eu is a forex broker that is based in the Czech Republic and was founded in 2017. The company is owned by Fortica Investments Ltd, which is also the parent company of the well-known binary options broker Option888. FortiCap.eu offers its clients the popular MetaTrader 4 (MT4) trading platform and a wide variety of currency pairs to trade with. The minimum deposit requirement is $500 and leverage goes up to 1:200.
The main selling point of FortiCap.eu is that it claims to offer tight spreads from 0.0 pips on major currency pairs like EUR/USD and GBP/USD. It also has no requotes or hidden fees. Another advantage of this forex broker is that it provides negative balance protection, which means that you can never lose more money than what you have deposited into your account.
So far, there have been no major complaints against FortiCap.eu from its clients. However, it is still a relatively new forex broker and only time will tell if it is truly legit or not.
What is FortiCap.eu?
FortiCap.eu is a forex broker that offers online trading in a variety of currency pairs, as well as CFDs on commodities, indices, and cryptocurrencies. The company is based in Estonia and is regulated by the country’s financial watchdog, the Financial Supervisory Authority (FSA). FortiCap.eu also has a branch in Latvia that is licensed by the Latvian FinancialSupervisory Authority (FSA).
The broker offers two account types – a Standard account and a Professional account. The main difference between the two is that the Professional account gives access to higher leverage – 1:500 compared to 1:30 for the Standard account. Both accounts offer commission-free trading with spreads starting from 0.5 pips on EUR/USD.
FortiCap.eu provides its clients with the MetaTrader 4 (MT4) trading platform, which is available as a desktop application, as well as mobile and web-based versions. The broker also offers Islamic accounts and segregated accounts for clients who wish to keep their funds separate from the company’s operational funds.
Is FortiCap.eu a Legit or Scam Forex Broker?
Investors looking for a new forex broker to try out may come across FortiCap.eu. But is this forex broker legit or a scam? Let’s take a closer look in this review.
FortiCap is a forex broker that is based in Estonia and was founded in 2020. The broker is owned by FCFX OU, which is also the company behind the CFD and cryptocurrency broker FortiFX. Both of these brokers are not regulated by any major financial regulator.
The website of FortiCap looks very professional and they offer the popular MetaTrader 4 (MT4) trading platform for their clients to trade on. However, there are some red flags that we have found about this broker that makes us question its legitimacy.
Firstly, the company behind FortiCap, FCFX OU, is not regulated by any major financial regulator such as the Financial Conduct Authority (FCA) in the UK or the Cyprus Securities and Exchange Commission (CySEC). This means that they are not subject to strict financial regulations and could be operating a scam.
Secondly, we could not find any information about the minimum deposit amount or leverage available on the FortiCap website. This lack of transparency is another red flag as it’s usually an indication that a broker is not being fully transparent with their clients about what they’re offering.
Lastly, we also found some negative reviews about FortiCap online from disgruntled customers who claimed that they had
How to start trading with FortiCap.eu
FortiCap.eu is a popular online broker that allows you to trade forex, commodities, and indices. To start trading with FortiCap.eu, you first need to open an account by providing your personal information and choosing a payment method. You can then deposit funds into your account using a credit/debit card or bank transfer. Once your funds have been deposited, you can start trading immediately.
The FortiCap.eu platform is user-friendly and easy to navigate. You can view all the available assets on the left-hand side of the screen, and you can place trades using the order tickets on the right-hand side. There are also multiple charting tools available that you can use to help you make informed trading decisions.
If you’re new to trading, FortiCap.eu also offers a demo account that you can use to practice trading without risking any real money. Once you feel confident in your ability to trade profitably, you can then switch over to a live account and start making real trades.
Conclusion
FortiCap.eu is a legit forex broker that offers a wide range of features and services to its clients. The company is well-regulated and has a good reputation in the industry. However, it is important to note that there are some risks associated with trading forex, so make sure you understand these before you start trading.