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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

Fortune

India India | 5-10 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

http://www.fortunewmc.com/

Website

Rating Index

Influence

Influence

D

Influence Index NO.1

India India 2.66
Surpassed 15.70% brokers
Business Region Search Statistics Ad Campaigns Social Media Index

Contact

+91 422-4334333
http://www.fortunewmc.com/
1056, Avinashi Road, Coimbatore 641018

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
India
Operating Period
5-10 years
Company Name
Fortune Wealth Management Company India Pvt Ltd
Email
info@fortunewmc.com
Contact Number
+914224334333
Business Region
Verified Site
Relationship Map
Related Companies
Employees
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • fortunewmc.com
    123.108.61.115
    Server Location
    India India
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

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Fortune

Related Companies

FORTUNE WEALTH MANAGEMENT COMPANY INDIA PRIVATE LIMITED(India)
India
FORTUNE WEALTH MANAGEMENT COMPANY INDIA PRIVATE LIMITED(India)
Active
India
Registration No.U06599TZ2003PTC010836
Est. Date
SourceOfficial Statement
Employees

Company Profile

Company Profile

Review summary

Fortune Wealth Review Summary
Founded2006
Registered Country/RegionIndia
RegulationNo regulation
Market InstrumentsEquities, derivatives
Demo Account
Trading PlatformNSE Mobile App, NOW (NSE's online trading platform)
Minimum Deposit/
Customer SupportContact form
Tel: +91-422-4334333
Email: pms@fortunewmc.com, info@fortunewmc.com
Social media: Facebook, Instagram, Twitter

Fortune Wealth Information

Fortune Wealth is an unregulated broker, offering trading on equities and derivatives on NSE Mobile App and NOW (NSEs online trading platform) trading platform.

Fortune Wealth Information

Pros and Cons

Pros Cons
Long operation timeNo regulation
Various contact channelsNo demo accounts
Limited types of payment options

Is Fortune Wealth Legit?

No. Fortune Wealth has no valid regulations currently. Please be aware of the risk!

Fortune Wealth license
Fortune Wealth domain

What Can I Trade on Fortune Wealth?

Fortune Wealth offers trading on equities and derivatives.

Trading InstrumentsSupported
Equities
Derivatives
Forex
Commodities
Indices
Stocks
Cryptocurrencies
Bonds
Options
ETFs
Products & Services

Account Type

The broker offers Demat accounts. However, it does not provide details on accounts.

Account Type

Fortune Wealth Fees

Clients should pay a 20% upfront margin of the transaction value to trade in the cash market segment.

When opening a trading account with the broker, there is a one-time fee of Rs 116.

Fortune Wealth Fees
Fortune Wealth Fees

Trading Platform

Trading PlatformSupported Available Devices
NSE Mobile AppMobile
NOW (NSEs online trading platform)Web
Trading Platform

Deposit and Withdrawal

The broker accepts payments done via bank wire. No minimum deposit or withdrawal amount defined and no fees or charges specified.

Deposit and Withdrawal

Company Profile

  • 5-10 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

Wiki Q&A

Is Fortune safe and reliable?

No. Fortune Wealth Management Company India Pvt Ltd presents significant safety concerns. The platform's extremely low overall trust score of 1.57 reflects a critical deficit in reliability. Crucially, it is an unregulated entity, lacking any form of valid financial licensing or oversight. This absence of regulatory safeguards means client funds are not protected under any recognized financial compensation scheme. The combination of no licensing, a very low trust score, and its classification under a 'Suspicious Scope of Business' indicates an operation that presents significant risks to potential clients.

Three days ago
United States

Is Fortune regulated?

No, Fortune is not a regulated broker. Its regulatory status is explicitly listed as 'No Regulation'. It holds zero valid authoritative licenses for forex trading, and there is a complete absence of oversight from any reputable financial authority such as the FCA, ASIC, or CySEC. Trading with an unregulated entity like Fortune carries inherent and substantial risks.

Three days ago
United States

What is the minimum deposit of Fortune?

Specific minimum deposit requirements for Fortune are not publicly disclosed. For unregulated entities, deposit structures can be opaque and are not standardized. It is essential to verify all terms directly from the provider and to be aware that funds deposited with an unlicensed firm may be at risk.

Three days ago
United States

Does Fortune support MT4 or MT5?

Information regarding supported trading platforms, such as MetaTrader 4 (MT4) or MetaTrader 5 (MT5), is not currently specified. Typically, platform offerings are a key component of a broker's service profile. The lack of clear data on this fundamental aspect further contributes to the overall opacity associated with this entity.

Three days ago
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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