Fortrade

Yes, Fortrade prohibits clients from certain countries including the USA, North Korea, Iran, and other sanctioned countries. These restrictions are in place to comply with regulatory and international sanction requirements.

While specific KYC procedures are not detailed in the provided context, Fortrade operates under strict regulatory regimes such as ASIC, FCA, and CySEC, which require comprehensive KYC and anti-money laundering checks. These typically involve verifying client identity and source of funds before account activation and withdrawal processing.

Fortrade offers a maximum leverage of up to 30:1, depending on the regulatory jurisdiction. For example, leverage is capped at 30:1 under FCA and CySEC regulations, while in Canada, leverage can be as high as 49:1, reflecting different regulatory frameworks.