Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighTakes deposits with no financial licence; only a Saint Lucia company registration and a US MSB (AML) filing, neither of which is forex regulation.
Identity & transparency
6/10 · HighNames a real CEO and a physical office, but churns entities (UK company dissolved), shows entity-name inconsistencies and presents registrations as regulation; fake positive reviews suspected.
Withdrawals & conduct
8/10 · CriticalMulti-platform fund-integrity pattern: withdrawals denied or held for months, demands to pay 'clearance fees' or deposit more, then accounts blocked; one case resolved.
Reputation
7/10 · Highreviews.io 1.0 out of 5 from 13 reviewers and scam labels elsewhere, against a thin legitimate footprint; no regulator warning found.
Website claims
7/10 · HighOverstates weak registrations as regulation and shows a 2019 copyright on a 2023 operation.
Operational history
6/10 · HighAbout three years of verified history (domains and companies from 2023), with a dissolved UK entity and an offshore migration.
Who they are
A quick desk file on the company behind the brand.
- Brand: Fortuna Markets
- Legal entity: Fortuna Markets Ltd, a Saint Lucia IBC (registration 2023-00154). A UK company of the same name (14906819) was dissolved on 12 November 2024.
- Registered: 1st Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet, Saint Lucia; day-to-day operations run from Sofia, Bulgaria.
- Founder and CEO: Kiarash Ghorbani (Iranian national; director of the UK company).
- Website: fortunamarkets.com (older alias fortunamarkets.org).
- Only credentials: a Saint Lucia company registration and US FinCEN MSB 31000330287986, an anti-money-laundering filing rather than a trading licence.
- Offers: forex, CFDs, stocks, indices, commodities and crypto on MetaTrader 5, with leverage up to 1:1000 and a deposit-bonus account.
- Not accepted: United States, United Arab Emirates, Turkey, Israel.
- Age claim: a 2019 copyright, against an operation that dates to 2023.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Saint Lucia (company registration, framed by the broker as regulation)
FinCEN (US Financial Crimes Enforcement Network)
Why we reached this verdict
How the evidence adds up.
We rate Fortuna Markets a likely scam. The evidence points one way.
- No oversight. Saint Lucia does not license forex, and a company registration there is not a licence. The US MSB number is an anti-money-laundering filing; FinCEN states plainly that it does not approve or endorse any MSB and warns that fraudsters exploit these registrations.
- Unlicensed solicitation. It holds client money while based in the EU (Bulgaria) with no EU authorisation, and its restricted-country list leaves out the EU entirely.
- The same complaint everywhere. Across review sites, clients describe withdrawals denied or stalled for months, being told to deposit more or pay 'clearance fees' before funds are released, then accounts blocked. reviews.io rates it 1.0 out of 5 from 13 reviewers. A demand to pay in order to release your own money is the classic advance-fee tactic.
- A churned shell. The UK Fortuna Markets Ltd was dissolved in November 2024, and the business now contracts through a Saint Lucia IBC.
- Dressed-up paperwork. It presents an MSB filing and a Saint Lucia registration as if they were regulation, and overstates its age with a 2019 copyright on a 2023 operation.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The broker's own footer states its only registrations are a Saint Lucia company registration (2023-00154) and a US FinCEN MSB (31000330287986); no financial regulator is named while it takes deposits for live forex and CFD trading.
StrongFortuna Markets websiteE2FinCEN's MSB Registrant Search confirms MSB 31000330287986 belongs to Fortuna Markets Ltd at the Saint Lucia address, received 13 May 2026; FinCEN states an MSB listing is not approval, endorsement or a licence and warns fraudsters exploit these registrations.
ModerateFinCEN MSB Registrant SearchE3UK Companies House shows FORTUNA MARKETS LTD (14906819), incorporated 31 May 2023 and dissolved 12 November 2024, director Kiarash Ghorbani Sarikhanbegloo (Iranian); the operation now contracts through a Saint Lucia IBC.
StrongUK Companies HouseE4The broker operates from an office in Sofia, Bulgaria (inside the EU) with a Bulgarian phone number, restricts the US, UAE, Turkey and Israel but not the EU, and holds no EU or tier-1 authorisation.
StrongFortuna Markets websiteE5reviews.io, the per-domain page for fortunamarkets.com, rates the broker 1.0 out of 5 from 13 reviewers with 0 percent recommending, describing withdrawals denied, funds held for months, demands to deposit more or pay 'clearance fees' before release, accounts then blocked, and suspected fake positive reviews.
Strongreviews.ioE6The Trustpilot page for the operation's older domain fortunamarkets.org carries a review describing a 1,500 dollar withdrawal not processed for six months before it was eventually paid; it names the CEO as Kiarash Ghorbani.
ModerateTrustpilotE7RDAP records show fortunamarkets.org registered 2023-03-30 and fortunamarkets.com registered 2023-08-03, both at NameCheap on the same Cloudflare nameservers (one operator); the site's 2019 copyright overstates its age.
ModerateRDAP (Verisign)E8An independent broker review tied to fortunamarkets.com states the broker is unregulated, that Saint Lucia does not license forex, and notes multiple complaints of withdrawal difficulties and withheld funds.
ModerateGlobeGainE9The broker advertises a genuine MetaTrader 5 white-label server (FortunaMarkets-Server) with app downloads from MetaQuotes' own content network, showing a real trading platform exists.
ModerateFortuna Markets websiteE10No warning or alert naming fortunamarkets.com or Fortuna Markets Ltd was found on the searched regulator lists (including the FCA, CFTC, CONSOB and the IOSCO alerts portal) as of the review date.
The other side
The strongest case in this broker’s favour.
In fairness, some things here are real and not typical of a pure boiler room.
- It runs a genuine MetaTrader 5 white-label server, so a real trading platform exists.
- It names a real founder, Kiarash Ghorbani, who is a verifiable company director, and it lists a physical office and working contact details.
- The US MSB registration is genuine and belongs to this company, and the Saint Lucia registration number is real.
- One client reported that a stalled withdrawal was eventually paid after the founder stepped in.
- We found no regulator warning naming this exact website, and it is not impersonating another firm, so it is not a clone.
What would change this
What we would need to see to revise the verdict.
What would move our view, in either direction.
- Toward safer: a genuine licence from a tier-1 or tier-2 regulator (for example the FCA, ASIC or CySEC) covering the entity that holds client funds.
- Toward safer: independent, verifiable proof that withdrawals are paid on time with no advance-fee demands, and an end to soliciting clients where it is not authorised.
- Toward worse: a regulator warning naming fortunamarkets.com, or more documented, dated cases of deposits taken and not returned.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
FinCEN MSB Registrant Search (verify the MSB number)
Search MSB 31000330287986; FinCEN says an MSB listing is not approval, endorsement or a licence.
UK Companies House: Fortuna Markets Ltd (dissolved)
The UK company of the same name, incorporated 31 May 2023 and dissolved 12 November 2024.
Fortuna Markets legal documents
The broker's own legal pages; no financial regulator is named.
reviews.io reviews for fortunamarkets.com
13 reviews, 1.0 out of 5, describing withdrawal denials and advance-fee demands.
Trustpilot reviews (fortunamarkets.org)
The operation's older domain; a review about a six-month withdrawal delay.
Frequently asked questions
Quick answers about this broker’s safety.
Is Fortuna Markets a scam?
We rate it a likely scam. It takes deposits without any financial licence, and clients across review sites report withdrawals denied, funds held for months, and demands to pay extra fees before release. Treat it as high risk.
Is Fortuna Markets a fraud?
No court or regulator has published a fraud finding or a warning naming this firm, so we do not state that as fact. But we assess the risk of fraud as high, because it takes money with no licence and clients report being asked to pay 'clearance fees' to get their own funds back, which is the advance-fee pattern.
Is Fortuna Markets regulated?
No. It holds a Saint Lucia company registration and a US FinCEN MSB number, but neither is financial regulation. Saint Lucia does not license forex, and an MSB filing is an anti-money-laundering registration, not a trading licence. There is no FCA, ASIC or CySEC oversight.
Can I withdraw my money from Fortuna Markets?
Some clients say withdrawals were denied or delayed for months, and that they were told to deposit more or pay fees first. One reported being paid only after six months. There is no regulator to force a payout, so withdrawal is not assured.
Is my money safe with Fortuna Markets?
There is no compensation scheme and no regulator protecting client funds, and the money is held by a Saint Lucia shell company. Given the complaint pattern, we consider the risk to deposits high.
Who owns Fortuna Markets?
The founder and CEO is Kiarash Ghorbani, an Iranian national who was the director of the now-dissolved UK company Fortuna Markets Ltd. The current contracting entity is a Saint Lucia IBC.
Where is Fortuna Markets based?
It is registered in Saint Lucia (Gros Islet) but operates from an office in Sofia, Bulgaria, with a Bulgarian phone number.
How old is Fortuna Markets?
About three years. Its domains were registered in 2023 and its companies were incorporated in 2023. The 2019 copyright on the website overstates its age.
What is the Saint Lucia registration and the MSB number worth?
Little for your protection. The Saint Lucia entry is a company registration, not a forex licence, and Saint Lucia does not regulate forex. The US MSB is an anti-money-laundering filing; FinCEN says it does not endorse MSBs and warns scammers misuse them.
Is Fortuna Markets a clone of another broker?
No. It uses its own brand and its own weak registrations and is not impersonating a regulated firm. The risk here is that it is unregulated, not that it is a clone. Note the separate, unrelated brand 'Fortuno Markets' is a different website.
What should I do if I was scammed by Fortuna Markets?
Gather your records, request a full withdrawal in writing, and ask your bank or card provider about a chargeback. Report it to the police or the financial authority where you live. Avoid 'recovery' services that charge an upfront fee, as many are follow-up scams.
What should I check before depositing with any broker?
Confirm a licence on a tier-1 or tier-2 regulator's own register, check that the licensed entity and website match, read recent independent withdrawal reviews, and be cautious of high leverage, deposit bonuses and any request to pay fees to withdraw.
What we recommend
The practical takeaway from everything above.
If you are considering Fortuna Markets, treat it as high risk.
- Do not deposit money you cannot afford to lose. An unlicensed broker offers no compensation scheme and no regulator to complain to.
- If any broker asks you to pay a fee, tax or 'clearance' charge to release your own funds, stop. That is the advance-fee pattern.
- If you already have money there, request a full withdrawal in writing and keep records of every message.
- If a withdrawal is refused, contact your bank or card issuer about a chargeback and report it to the authorities where you live.
- Be wary of 'recovery' firms that promise to get your money back for an upfront fee; many are follow-up scams.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed September 6, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.