Fortuna Trading Review: fortunaprivate.com Beware of this Scam!

Fortuna Trading is an asset management platform that happened to be a scam. Investors have already lost money by trusting this Ponzi scheme. The company claims that it is using the best Forex trading strategy to attain high returns.

Additionally, they claim to be the leading Forex asset management entity. The platform claim that it is suitable for both newbies as well as season traders. The firm is allegedly only partnering with regulated brokers in the industry.

However, due to several negative reviews that we have acquired, we believe that this company is working with unregulated platforms in the market. The company additionally claims that there is no associated cost by trading with them.

Fortuna Trading states that they only require a minimal fee to work as performance charges. It also states to be verified by several accounts in the market like MyFxbook, FxBlur, and FX start. However, this information is false.

To access the performance of this entity, you will have to sign in using your name, email address, and telephone number. We do not recommend sharing your data with a Ponzi scheme. If you do so, you will only get cold calls from boiler rooms, convincing you to deposit found with unregulated brokers.

If at all Fortuna Trading is legit, they would make this information accessible to the general public without subjecting them to sign up. There is multiple better Forex trading EA that is legit, and you can trade for yourself without trusting an account manager.

Fortunaprivate.com Review

The information the company present on their website is full of fluff. There is a various red flag with these account managers. Before you trust any investment, you need to ensure they are transparent.

 

Fortuna Trading claims to be performing trading activities for their client. The Ponzi scheme allegedly generates profits with 20% every month. Additionally, they claim that their performance is verified by reputable platforms and auditors in the industry.

All this information is incorrect and bogus. The entity additionally proclaims that its services are free, yet to participate in their activity, you need to deposit a minimal amount of $3000. That is much money considering that their actions are in question.

You need to deposit more if you want to attain a high profit. The VIP account requires investors to cash in funds worth $10,000. The company does not disclose the strategies that they are utilizing to generate these high returns.

When clients demand answers after losing money, they will use their non-disclosure agreement to their advantage. We decided to check for their performance report on MyFxbook. Unfortunately, what the platform project is very different from what we were able to find.

Fortuna Trading has made losses for the past few months. This entity is not managing risks that come with assets they are venturing with. Nonetheless, the company will only update on their winning rate and hide the losses they are making.

Trading Approach

Fortuna Trading is utilizing both manual and automated trading approach. However, the platform does not clearly elaborate on the strategy or methodology it is using.  The firm only claims to have a dedicated risk management policy.

We beg to differ due to the complaints that we have encountered. Additionally, the company also states it has received several rewards for being an excellent investment venture. Sadly, there is no proof to verify the claims.

Fortuna Trading is a platform that will say anything to convince investors they are legit. However, we are here to unmask this Ponzi scheme. The information of the founder is missing from their website. We do not know the qualification that these people possess.

Scam venture chose to remain anonymous for a reason. Without revealing its real identity, it will be hard for the authority to prosecute them. An investor should avoid such platforms as the company does not disclose what its customers are subjected to.

You have the right to know the risks that you are exposed to as their clients. Do not sign any documents without knowing the risks. They will use that against you if you decide to come after them.

Contact Details

The company headquarters are allegedly located in Sweden. Additionally, Fortuna Trading also claims to have offices in Canada as well as New Zealand. Below is the office address of this entity.

Kistagangen 20b 164 40 Kosta, Sweden. The other address is; 1 Will Street, Level 6, Wellington, 6011, New Zealand. Manulife Place 10180 -101 Street, Suite 3400, Edmonton, Alberta, T5J 3S4, Canada.

You can contact the support via email; support@fortunaprivate.com or on the phone using their number; +46-090-6954377. Ponzi scheme tends to display false information to appear as a transparent entity.

Regulatory

The financial regulatory body of Sweden has issued a warning against this entity. The company claims to be operating from this country legally, yet the financial watchdog disagrees.

Therefore, Fortuna Trading is not authorized to conduct any investment services in Sweden. They are also not monitored by the authority. It is essential that investors only deal with a licensed platform to avoid losing money.

The company has not complied with the law. They are collecting money from investors without having the required documents. The platform is also partnering with unregulated brokers like MultiBank. They will end up receiving a fat commission while you make losses.

Clients Feedback

We were able to gather several negative reviews from those who have tried out Fortuna Trading. The majority of investors are dissatisfied with their services. Investors have lost all their money by trusting them.

The company threatens those who live negative feedback with legal action. They accuse the platform of using positive reviews to scam innocent traders. When you demand answers from the company, they will become rude.

Fortuna Trading claims that they are using a very high risk. Hence, their clients should be aware of it. They hide using their non-disclosure agreement, which they subject their customers to sign. The company does not care about its customers.

Them being a money management company should minimize potential risks. Investors are warning those who might be tempted to give them a chance to stay away. The money that the client has lost is a considerable amount of funds. We do not recommend such an entity to traders.

The Domain Insight

Fortunaprivate.com is still a new venture that is not a year old. According to Whois.com, the entity was launched in March 2020. The domain name is expected to expire on March 2021. The company is privately registered; hence the data of the owner is not accessible.

The company does not have much traffic coming to their website. It has a global Alexa ranking of 7,493,242. We advise investors to avoid the platform at all costs.

Final Verdict

Fortuna Trading is a messy scam that uses false information to win over investors. The platform is making more losses than profit. Investors are not happy with this entity. Additionally, the company is working with unregulated brokers in the market.

Moreover, they are not licensed by any authority to carry out their business. It would be best to stay away from this company to avoid losing funds. You can trade using Forex software that is legit and safe.