Fortradefx
We checked Fortradefx against the AskCheck register. It has been reported (2026) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Fortradefx claims to be regulated by Financial Services Authority (FSA) registry of Saint Vincent on its website. However, the SVG FSA has clearly stated that it does not regulate or licence forex brokers. It only provides registration for IBC companies. To explain its registration as indicating regulation and licensing is clearly misleading. Moreover, we found no results related to Fortradefx in the SVG FSA's registry, which further raises our concerns about its legitimacy. Fortradefx is not licensed by any recognised financial authority. This is a major red flag indicating fraudulent activity. Therefore, Fortradefx appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Fortradefx.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.