TradeFort

Hello,

I found a new broker - Tradefort.
They support three kinds of accounts. Fort, Flex and Pro.
I tested the Flex account with variable spread, the spread is very good and you haven't to pay any fee.
Market execution is very fast too.

At the moment they have a $5 Welcome Bonus (no deposit required) to test.

Cheers

Not regulated.

My account is 426039. Stay away from this broker.

I have been running the same EA over the past month and making profits. Just 4 hours ago, they decided to block my account with open trades still running. In the email that they wrote to me that my account was block because of hyper activity, maybe due to my EA. They did not bother to contact me first either through Phone or email, before they block or disabled my account. On their web site, they said EA was welcomed.

There are open trades and I cannot close them nor manage them. Though their website claimed that we can call them anytime, I tried call them but no one pick up the phone. Live chat was not available and forward as email. Try to drop the Managing Director an email, the code entered was always wrong! I tried 12 times and still failed to sent the email online.

Who should bear the losses of my open trades?

Fortunately, it was just a Cents account. But bear in mind that they can just disable your account just before they left the office and no way to contact them.

Stay away from this Broker!

NB: Currently, they have a court case over their domain name and they temporary change to tradefort.ws. This is the first bad sign of the broker. Stay away from this broker.