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FORTUNE SECURITIES Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-20 17:23

Abstract：FORTUNE SECURITIES was incorporated in New Zealand in 2003, offering trading products such as Currency, Global Stock Indices, Commodity futures, Metals, Stocks, etc., offering 3 account types and 3 trading platforms. That includes MT4. At present, although FORTUNE SECURITIES holds a regulatory license, the regulatory status is not normal.

FORTUNE SECURITIESReview Summary
Founded	2003
Registered Country/Region	New Zealand
Regulation	Exceeded
Market Instruments	CurrencyGlobal Stock IndicesCommodity futuresMetalsStocks
Demo Account	✅
Leverage	Up to 1:100
Spread	1.7 pips
Trading Platform	MT4Web Trading PlatformTablet Trading Platform
Min Deposit	$50
Customer Support	Phone: 400-688-0155
Customer Support	Email: services@forex.cn

FORTUNE SECURITIES Information

　　FORTUNE SECURITIES was incorporated in New Zealand in 2003, offering trading products such as Currency, Global Stock Indices, Commodity futures, Metals, Stocks, etc., offering 3 account types and 3 trading platforms. That includes MT4. At present, although FORTUNE SECURITIES holds a regulatory license, the regulatory status is not normal.

Pros and Cons

Pros	Cons
3 trading platforms and MT4 support	Abnormal regulatory state
No commission
Offer demo account
Trade many products

Is FORTUNE SECURITIES Legit?

Regulated Country/Region
Regulated Authority	CFFEX
Regulated Entity	FORTUNE SECURITIES PTY LTD
License Type	Investment Advisory License
License Number	343560
Current Status	Exceeded

What Can I Trade on FORTUNE SECURITIES?

　　FORTUNE SECURITIES offers trading in more than 40 currencies, nine global stock indices, seven commodity futures, two metals, and the stocks of major public companies in the United States, Japan, and Europe.

Tradable Instruments	Supported
Currency	✔
Global Stock Indices	✔
Commodity futures	✔
Metals	✔
Stocks	✔
Bonds	❌
ETF	❌

Account Types

　　FORTUNE SECURITIES offers 3 different types of accounts: Mini Account, Standard Account and VIP Account. Their minimum deposit requirements range from $50 to $20,000.

　　In addition, the default leverage ratio is 1:100. It currently provides 1:100, 1:50, 1:25, 1:20, 1:10 five leverage ratios for you to choose from.

FORTUNE SECURITIES Fees

　　The spread of EUR/USD for the three accounts are 2.3 pips, 1.7 pips and 1.2 pips. The spread of the remaining forex pairs in the VIP account ranges from 1.5 to 3.7; The rest of the forex spread in the standard account is 1.8 to 3.7; Mini account is 2.3 to 4.5.

　　The spread of the stock index ranges from 2.2 to 10.

　　All three accounts have spreads of 0.5 to 5.5 on commodities futures.

　　All three accounts have a spread of 5.8 to 6 on metals.

　　In addition, FORTUNE SECURITIES says it is commission-free.

Trading Platform

　　FORTUNE SECURITIES offers three Trading platforms, MT4,Web Trading Platform and Tablet Trading Platform. Traders can use it on desktop, mobile, web or tablet.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile	All traders
Web Trading Platform	✔	Web	All traders
Tablet Trading Platform	✔	Tablet	All traders
MT5	❌

Deposit and Withdrawal

　　FORTUNE SECURITIES supports a variety of deposit methods: bank wire, VISA, mastercard, and China UnionPay. In addition, both the US dollar and the RMB are supported for deposit, and no deposit procedures are charged. If you deposit funds by bank wire transfer, the bank may charge a certain fee.

　　About Withdrawal:

　　Bank transfer: It is usually processed within one business day, but it takes 3-5 days for the funds to be credited to your bank account.

　　Credit/debit card transfers: Usually processed within one business day, but it takes 5 to 7 days for the funds to be credited to your bank account.