Fortuna Select Fund has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was about to invest with Fortuna Select Fund but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commission de Surveillance du Secteur Financier has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The mobile app from Fortuna Select Fund is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Demo account available|Easy withdrawals|Social trading features|Competitive fees
Cons: Wish they had more educational resources|No fractional shares
My withdrawal request from Fortuna Select Fund has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Dividend tracking|Multi-device support|No hidden fees
Cons: Limited demo account features|Search feature is basic
I looked into Fortuna Select Fund and found they appear in the regulatory warnings database. Commission de Surveillance du Secteur Financier has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Fortuna Select Fund is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Do not believe the bonus offer from Fortuna Select Fund. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a review site like this one and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Risk management tools|Stable platform
Cons: Currency conversion fee exists
I want to warn everyone about Fortuna Select Fund. They have been flagged by Commission de Surveillance du Secteur Financier as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Pros: Initially responsive customer service
Cons: Withdrawal fees demanded|Communication cut off|Not authorized