Fortune Yields has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm stating they are FCA registered when not - Breach of s24 FSMA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.fortuneyields.com.
For anyone considering Fortune Yields, please be aware that this company has been flagged by Financial Conduct Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required
After using Fortune Yields for roughly four months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Tax reports included|Instant funding
Cons: No live chat on mobile|Wish they had more educational resources
The onboarding at Fortune Yields was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: No hidden fees|Full transparency|Clean UI
Cons: Limited ETF selection
Tried to withdraw my funds from Fortune Yields 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: Cannot withdraw funds|Not regulated|Pressure tactics
I want to warn everyone about Fortune Yields. They have been flagged by Financial Conduct Authority 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.
Cons: Blocked my account|No legitimate license|Fake returns
I referred a friend to Fortune Yields after my brother mentioned them. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Detailed reporting|Comprehensive tools|Dividend tracking|Two-factor authentication
Cons: Withdrawal takes 1-2 business days
I have been trying to close my account with Fortune Yields for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Intuitive for beginners|Professional team|Dividend tracking|Fast deposits
Cons: Mobile app could be improved
The reporting at Fortune Yields is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Demo account available|API access|Professional team|Great customer service
Cons: None so far
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Fortune Yields has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Financial Conduct Authority|Cannot verify credentials
I requested my data from Fortune Yields under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Automated trading options|Segregated accounts|Market news feed
Cons: Email notifications too frequent