Fortis Reserve (fortisreserve.ai) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
After seeing ads for Fortis Reserve (fortisreserve.ai) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Australian Securities and Investments Commission. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Unauthorized firm|Found in IOSCO warnings database
After since mid-2025 with Fortis Reserve (fortisreserve.ai) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Stable platform|Detailed reporting
Cons: No phone support on weekends|Charting tools need more indicators
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Fortis Reserve (fortisreserve.ai) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Social trading features|Good mobile app
Cons: Account statements could be more detailed|Wait times can be long during peak hours
Tried to withdraw my funds from Fortis Reserve (fortisreserve.ai) and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Blocked my account|No legitimate license|Fake returns
I lost a significant amount because Fortis Reserve (fortisreserve.ai) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Dividend tracking|Segregated accounts
Cons: No phone support on weekends|Alert system is basic
I wanted to transfer my portfolio from another broker to Fortis Reserve (fortisreserve.ai). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Real-time alerts|Detailed reporting|Good mobile app
Cons: No dark mode on mobile