Few Forex brokers can boast of wide popularity among traders and not smaller client base, which constantly increases. Fort Financial Services is one of such world-famous companies. According to its clients, the broker provides one of best technologies and products at the market, which provide stable, safe, and profitable trading.
Five Years of Company’s Work – Five Years of its Clients’ Success
In 2014 Fort Financial Services celebrates 5 years from the moment of its appearance at Forex market. During this time the broker has reached the summits, which other companies fail to reach for decades of work. Particularly, being licensed by the world’s authoritative regulator International Financial Services Commission of Beliz, the company is the only one that gives traders an opportunity to trade futures at Forex through a professional trading platform CQG, which provides direct market access to over 40 stock exchanges.
Unique also are the following products and services of Fort Financial Services:
– algorithm of fulfillment at specified prices or better prices, which reduces slipping when sending big orders for fulfillment;
– services of automated notice when approaching Margin Call;
– automated algorithms of correcting historic and online market data, as well as monitoring non-market price outbreaks and systemic failures;
– innovative technologies of advance quotations analysis;
– special account for beginners, partially compensating for potential losses;
– history of expiration of future contracts.
And this is true at 100% guarantee of safeguard of assets at highest safety of every trading and balance transaction. Besides, during all five years of work every order of a client has been processed at ultrafast speed and output to interbank market, where traders sign agreements directly with largest providers of liquidity at best current prices. At the same time, commission fees and spreads are small, and credit leverage is one of highest at the market.
The “Market Leader” has had a meeting with Michael Boldin, Director on Russia and CIS Countries of Fort Financial Services, and found out how successful the company finds the results of its five-year work, what achievements for the period it considers to be most significant, and what new projects for Forex traders the company is preparing.
Non-Stop Improvement and New Developments
Market Leader: – Good day, Michael. Your company has been working at Forex market for five years, and during this time it has gained popularity and reputation of a reliable and high-quality Forex broker among thousands of traders. What has been most difficult for Fort Financial Services on the way of its formation and development?
Michael Boldin: – Winning traders’ trust seems to have been most difficult. The company constantly improves its services, implements new ones, offers innovative technological decisions, at the same time rising its level of safety. All this gives traders the understanding that we forge ahead and develop dynamically jointly with market. As a result, with every passed stage the company’s client base is considerably increased, which signals about the won and, more importantly, justified trust of traders.
Market Leader: – Please, tell us how did everything start: how has the idea of creating a broker company appear, what accents in doing business have been of high-priority, and how has the problem of heavy market competition been solved?
Michael Boldin: – The company traces its roots back to 2010, when a team of professionals, having long-standing experience of work in international financial service, broker service, and information technologies, created a trade mark TradeFort. The main accent in work of the company has been made on supplementing high-quality broker services with the whole number of follow-up services, called to increase effectiveness of work of professionals and beginners alike. TradeFort has become a pioneer in development of this concept.
Particular success has been brought by such services as automated notice of traders about approaching MarginCall, logging expiration of future contracts, special accounts for beginners with hedging of a part of positions at the company’s expense, free VPS for clients who trade with use of trading advisors, and much more.
In 2014 owing to obtainment of international broker license there was held a rebranding, and the company started being called Fort Financial Services.
Market Leader: – Today your company works in over 30 countries. In your opinion, which market is most favourable for Fort Financial Services?
Michael Boldin: – At this point we actively work at the markets of Asia, Middle East, Europe, and Latin America. The number of traders from Russia and CIS has also been rising fast during the recent years.
Market Leader: – Unlike Forex market at the West, its Russian “colleague” remains unregulated in terms of legislation. Does this make a difficulty for Fort Financial Services when attracting clients or solving any questionable legal moments (if there are such)?
Michael Boldin: – Most brokers, actively represented at the market of Russia and CIS, have Russian, Ukrainian or Baltic roots. Therefore, for them the market of Russia and CIS is of top-priority. Fort Financial Services has been initially positioned as an international company with offices in Europe and Asia. Consequently, we have made emphasis in regulation on international standards – without binding to regulation of separate countries. For these purposes we have received an international broker license. Traders also understand this and prefer working with companies, regulated internationally, but not in the framework of a separate country.
Market Leader: – What are your guarantees of reliability and safety of invested means?
Michael Boldin: – Our clients are provided with:
1. Guarantee of the company’s financial stability. On the basis of requirements of a regulator, as a licensed Forex broker we have special accounts in a bank, designed for payments to our clients. These accounts are segregated, so in any circumstances, even force majeure of the company, clients will have 100% safety of invested money and 100% due payments, even if they decide to withdraw the whole deposit.
2. Guarantee of absolute clarity and honesty, which is proved by quarterly financial audits and annual full financial reports before a regulator.
3. Guarantee of objective safeguarding interests, which, inter alia, is stipulated by the procedure of resolving questionable situations between a trader and a broker with attraction of IFSC as an independent moderator, whose decisions are final and obligatory for fulfillment.
Market Leader: – Fort Financial Services regularly wins prestigious international awards. And recently, according to the results of MasterForex Expo independent rating, it has been called the best in August 2014. What makes such great success of the company, which has been working in the industry for 5 years only? For other brokers fail to reach such results even for ten-fifteen years...
Michael Boldin: – Constant innovations, rising standards of client service, expanding the number of payment systems and implementation of new trading instruments for traders – all this gives our clients and partners a signal that our company forges ahead, grows, and develops all the time. Some of our developments are unique, and our clients see and appreciate this.
Market Leader: – Many people in Russia like comparing what is better “ours - not ours”, including Forex. From the point of view of a broker company, who is it easier to work with – Russian or Western traders?
Michael Boldin: – In the framework of our international license the process of work with clients is so clearly regulated that the country of our client makes absolutely no difference.
Market Leader: – Many traders particularly highlight your trading platform CQG. What are its features, who and on what terms can use it?
Michael Boldin: – A professional trading platform CQG allows trading with the biggest number of most highly liquid instruments of financial market, including trading futures. Its users (and this are not only private traders, but also banks, large financial companies, and international investors) have direct market access to over 40 exchanges. The platform is characterized by:
– instant speed and accuracy of receiving all market data;
– wide spectrum of opportunities of high-quality analysis of current and perspective market situations at all available assets;
– safe fulfillment of users’ orders, which are processed with the help of most reliable connection system and insured on ve servers, using SSL enciphering for protection of clients’ trading information;
– non-stop flow of quotations, provided by presence of main and reserve data centers around the globe;
– automated algorithms of correcting market data;
– innovative technologies of advance quotations analysis;
– number of other benefits (for more details see the article “Fort Financial Services: How to Choose a Reliable Forex Broker in Russia?”).
Market Leader: – Your company is known as such, which pays special attention to beginners. Please, tell us what services and products does Fort Financial Services realize specially for inexperienced traders?
Michael Boldin: – There has been developed and successfully functions a special type of account for beginners, where you can get partial 10% compensation for a loss at the expense of the company. This has become possible owing to a specially developed mechanism of hedging a total net of all accounts for beginners and return of a part of profit from spreads. Moreover, we have considered traders’ wishes concerning a welcome bonus. It currently amounts to 5 dollars. Considering the fact that this bonus is taken by beginners at currency market, it is not enough to get acquainted with all benefits of our company and quality of order fulfillment. For this reason the company’s management has made a decision to increase the sum 3 times – so soon you will can get 15 dollars into your account and start trading without investing your own money. We will specifically inform about implementation of this increased bonus, so follow the news on our web site, as well as information branches of the company on forums devoted to Forex and stock exchanges trade. For more details (about yet 5-dollar deposit-free bonus) refer to the company’s web site, section “Welcome bonus”.
Market Leader: – Success of any trader is to a large extent defined by high-quality and timely analytics, given by his provider. What would you like to mention about activity of Fort Financial Services in this reference?
Michael Boldin: – In the framework of informational support of our traders on the company’s web site, as well as on leading financial Internet resources (forums, media, portals) we have opened the topics of fundamental and technical overview of exchange market. Our official representatives provide analytical reviews for the next day within only several hours after the end of a trading day. For this purpose the company’s analytical and technical services work twenty-four-hour.
Market Leader: – Do you offer your clients to work at Forex via popular PAMM-services?
Michael Boldin: – For five years of work rather many clients of Fort Financial Services have become professional traders, who have started making more and more requests about providing PAMM-accounts – accounts, where a trader manages over means of several investors. Owing to attracting additional investments he earns more, which means that his investors get good profits, which are distributed between them according to the size of shares of invested means and consideration of a trader’s reward.
At this point our company is developing a PAMM service, as well as enrolls and holds negotiations with most successful and profitable traders in order to offer them to become managers in the nearest future.
Market Leader: – Does your company realize any studying programs?
Michael Boldin: – Our web site has educational materials for Forex traders, as well as materials and video lessons on trading futures. What is more, from time to time we hold webinars jointly with Masterforex-V Academy and other educational centers. We inform about every such webinar beforehand – on our web site and on the company’s information branches, as well as on third-party resources, devoted to Forex market and stock exchange trade.
Market Leader: – Does the arsenal of Fort Financial Services products and services include programs for partners?
Michael Boldin: – Yes, we have the whole range of partner programs, one-level ones – program “Broker”, and multilevel ones, where a partner can attract not only clients, but also other partners, whose part of a commission fee he will also get: “Webmaster 3” (3 levels) and “Webmaster 5” (5 levels). We also work with regional representative offices.
Market Leader: – How do you see further development of Fort Financial Services: what projects will be realized in the nearest future, what will be the company’s main accents, are you going to expand your geographic presence?
Michael Boldin: – At this point we are realizing the concept of PAMM accounts, attracting and assessing the quality of managers of PAMM accounts, adding additional new trading platforms, preparing to implementation of new trading instruments. In a word, as usual, we are busy with constant growth and new developments.
Ability to be happy and successful is in our hands. (Charlotte Bronte)
