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Rustam R
entro 1 anno

Could you describe what the total trading cost looks like for index products such as the US100 on Fortune?

Broker Issues
Fortune
Fees and Spreads
03-12
Stati Uniti
WikiFX
Rispondi

From my own investigation and assessment of Fortune Wealth, I have to clarify that trading index products like the US100 simply isn’t possible here. Based on the broker’s available information, Fortune Wealth focuses exclusively on equities and derivatives via Indian exchanges, offering services through platforms like the NSE Mobile App and NOW. They explicitly do not support trading in forex, indices, commodities, or even popular US stocks or ETFs—let alone international indices such as the US100 (NASDAQ 100). This is reinforced by the absence of any listed instruments outside Indian equities and related derivatives. Regarding overall trading costs for what is available, I noted a one-time account setup fee and a requirement to post a 20% upfront margin for cash market trades. However, for indices specifically, there is no framework or fee structure, because these markets are not offered at all. For me, this is a significant limitation compared to many international brokers with broader offerings and transparent cost breakdowns. The lack of regulation, the limited product suite, and unclear payment options add to the overall risk. Personally, I would not pursue trading with Fortune Wealth if my strategy involves indices like the US100, both for the lack of product access and the absence of cost transparency around more advanced market offerings.

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