Many Forex traders pay close attention to brokerage licenses when choosing a reputable Forex broker to open a live account with. With out any doubt, this is a pretty good idea since regulated and licensed Forex brokers have no choice but to comply with various laws and regulations and can be prosecuted for trying to scam and play dirty tricks on their clients. There are dozens of brokerage licenses.
These are the most reputable international regulators rated and valued high all around the globe:
· NFA (National Futures Association).
· CFTC (Commodity Futures Trading Committee).
· FSA (The Financial Services Authority).
Still, there are less influential, local regulator. Nevertheless, in spite of their less reputable status, some of those regulators still can be trusted and are pretty good at doing their job. One of such licenses are given by the International Financial Services Commission of Belize!
Fort Financial Services is definitely on the list of such reputable Forex brokers operating under the international brokerage license IFSC/60/256/TS/13. It was given to FFS by the International Financial Services Commission of Belize on April 15th, 2013. Almost 12 months later, on April 1st, 2014, the license was prolonged under number IFSC/60/256/TS/14.
This license gives FFS clients the following benefits:
· The guarantee of the company’s financial stability in connection with IFSC requirements for brokers to maintain capital assets guaranteed for payment to clients in a separate bank account.
· The guarantee to uphold the international standards of trader services according to IFSC requirements.
· The guarantee that the company will conduct quarterly audits and full annual accounting for regulator.
· The guarantee that disputes between traders and brokers will be resolved with the involvement of the IFSC as an independent arbiter whose decision is final and binding.
The History of Fort Financial Services
At this point, we can see a continual series of changes undergone by Fort financial Services, each of which gradually contributed to what is now called a reputable and licensed Forex broker named Fort Financial Services. A longstanding series of various innovations (both financial and technical) combined with a continuous and consistent expansion of the service line for retail Forex traders and investors gradually created the company’s true image of an outstanding, reputable Forex broker with cutting-edge technologies and innovative solutions.
The company was founded in 2010 by a team of true professionals with decades of experience in multiple areas related to broking services and and information technologies. Initially, the company used to be known as TradeFort. A couple of months ago, the company underwent re-branding, thereby turning into Fort Financial Services.
Fort Financial Services focuses on supplementing quality broking services with a truly full range of related services designed to boost the efficiency of both experienced professionals and rookie traders making their first steps in Forex trading. FFS stays a client-oriented company committed to the client's success!