Information about the brokerage company “Forty Trade”
The company Forty Trade opens up investment opportunities for everyone, providing access to financial markets for online trading of liquid assets. The broker offers an innovative trading platform equipped with artificial intelligence, with a choice of over 8,000 trading products.
Expert information about Forty Trade
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The company’s office is located in Belgium.
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The broker’s activities are regulated by the European Financial Commission EFC (authorization number 390458).
Viewing scanned copies of official registration and licensing documents of the broker on the website is not available. Information about the company’s founding date, its management, and team is missing.
Customer support on the Forty Trade platform
The company offers round-the-clock support 24/7 to each client. Contact information includes email and a feedback form.
Trading opportunities and platforms of the company Forty Trade
On the broker’s platform, clients can trade various liquid assets, such as currency pairs, securities of international companies, stock indices, commodities, precious metals, and cryptocurrencies.
Trading accounts on the Forty Trade platform
To start trading, clients need to make a minimum deposit and undergo account verification. Clients can open savings accounts in different currencies with varying interest rates depending on the deposit term.
Deposits and withdrawals on the Forty Trade platform
For financial transactions, the company provides various payment methods, such as cryptocurrencies, credit/debit cards, and bank transfers. Funds are credited to the account within different time frames depending on the chosen method.
Withdrawals from the platform are subject to their own rules and timelines. Additional information about transaction fees is not available.
Bernt
My experience with Forty Trade has been quite disappointing. The broker’s customer service is incredibly poor, with emails and calls often unreturned. Information about fees and charges are not transparent, leaving me surprised with unexpected losses. My trading experience was marked with frequent technical glitches. The platform also lacks advanced features that most top-tier brokerages offer. Overall, I found my dealings with Forty Trade stressful and frustrating. I absolutely won’t recommend it to any serious trader.