Reviewed by Shaun David Shaun David Shaun David
Regulation • Trading Algorithms • Market Analysis
I’m extremely passionate about the financial markets and working with innovative technology that makes trading better and safer. Since joining the CleaRank team, my primary role is working with real-time broker performance data using the CLEAR™ technology and broker evaluation methodology. I investigate brokers by testing their platforms and uncovering hidden risks and costs. My end goal is to level the playing field for traders and With an extensive background in market analysis and algorithmic trading, I’m qualified to find what matters most to traders.
using our CLEAR™ Methodology The CLEAR™ Score (Credibility, Leverage, Execution, Accessibility, Regulation) is our proprietary ranking system. The CLEAR™ Score provides you with the most accurate and transparent broker ranking after evaluating all the key factors that are crucial for trading success. .

Last fact check on June 22, 2026 by

Michelle Sofia Michelle Sofia Michelle Sofia
Compliance Analyst • Editorial Review
Michelle is the financial content architect and SEO market analyst at CleaRank, and the final editorial reviewer on every CleaRank publication. With a background in financial journalism and fintech reporting, she fact-checks each broker investigation for accuracy before it goes live.

Fortuno Markets Review 2026

Fortuno Markets is an offshore foreign-exchange and CFD broker operating at fortunomarkets.com. The operating entity behind the brand is not publicly disclosed: no company name, registration number, or regulatory file number appears in the footer, terms of service, or about page. Fortuno Markets holds no authorisation from BAPPEBTI, the Indonesian Commodity Futures Trading Regulatory Agency, despite Indonesia accounting for the dominant share of the site’s organic traffic. No Tier-1 licence from the Financial Conduct Authority, the Australian Securities and Investments Commission, the US Commodity Futures Trading Commission, CySEC, or BaFin is on file for the brand.

The regulatory record around Fortuno Markets is defined by a structural mismatch. The Financial Conduct Authority Financial Services Register carries no entry for Fortuno Markets, fortunomarkets.com, or any disclosed operating entity. The US Commodity Futures Trading Commission BASIC database and RED List return no match for the brand or domain. The Australian Securities and Investments Commission register returns no authorisation for Fortuno Markets. Indonesia’s BAPPEBTI, which governs commodity futures trading in Indonesia, has not authorised Fortuno Markets to solicit Indonesian retail clients. A broker with no licence in the country that generates its majority traffic leaves every client in that country outside any regulatory protection framework.

Our CLEAR investigation gave Fortuno Markets a Failed score of 0.22 / 5, placing it in the severe-risk band alongside MTrading and Plexytrade. The most measurable concern is the BAPPEBTI gap: Ahrefs data from June 2026 shows 4,919 organic monthly visits to fortunomarkets.com, with Indonesia as the dominant source. Indonesia has a functioning retail forex regulatory framework requiring brokers to hold a BAPPEBTI licence to legally solicit Indonesian clients. Fortuno Markets is not on that register. Verify any broker’s current risk status using the CLEARCheck Broker Risk Scanner.

Broker Alert
Fortuno Markets logo

Failed CLEAR™ Score: 0.2/5

  • BAPPEBTI licence only: no Tier-1 global coverage
  • Registered in Marshall Islands, no verifiable entity
  • Ahrefs DR low, 4919 monthly visits, June 2026
  • No independent audit or client-fund segregation
  • No verified chargeback path or payment method
  • No public regulatory action or complaint record

No BAPPEBTI Authorisation and No Tier-1 Licence

Two independent regulatory absences define the Fortuno Markets risk profile: no authorisation from Indonesia’s BAPPEBTI regulator, and no Tier-1 licence from any major global authority.

BAPPEBTI: No Authorisation for Indonesian Clients

BAPPEBTI, the Badan Pengawas Perdagangan Berjangka Komoditi, is the Indonesian government agency responsible for supervising commodity futures trading. Brokers seeking to accept Indonesian retail clients must appear on the BAPPEBTI register of authorised commodity futures brokers. Fortuno Markets does not appear on that register. Ahrefs data from June 2026 shows Indonesia generating the majority of the 4,919 monthly organic visits to fortunomarkets.com. Soliciting Indonesian retail clients without BAPPEBTI authorisation means operating outside the legal framework that governs commodity futures trading in Indonesia. Indonesian retail clients dealing with Fortuno Markets have no access to the BAPPEBTI complaint resolution process and no protection under Indonesian commodity futures law.

FCA, ASIC, and CFTC Registers Return No Match

A search of the FCA Financial Services Register returns no entry for Fortuno Markets, fortunomarkets.com, or any operating entity linked to the site. The CFTC BASIC database and the CFTC RED List of Registration Deficient firms carry no entry for the brand. The ASIC register returns no authorisation for Fortuno Markets or fortunomarkets.com. The absence of any regulator record in the three largest retail-forex jurisdictions means the brand has no Tier-1 compliance history to reference.

Corporate Stack: Undisclosed Entity Behind fortunomarkets.com

The corporate structure behind Fortuno Markets is undisclosed. No company name, registration number, or jurisdiction of incorporation appears in the footer, terms of service, or privacy policy at fortunomarkets.com. Offshore brokers targeting Indonesian retail clients commonly register through a Saint Vincent and the Grenadines IBC, where the SVG Financial Services Authority explicitly states it does not licence or regulate forex or CFD brokers, or through similarly non-licensing jurisdictions including Comoros, Seychelles, and Vanuatu. Without knowing the operating jurisdiction, Indonesian or international clients cannot determine which insolvency rules apply, where to file a complaint, or what consumer protections are legally owed.

Ownership map

The Fortuno Markets corporate shell map

Offshore entity targeting Indonesia with no BAPPEBTI authorisation. No Tier-1 licence found in the FCA, CFTC, ASIC, or CySEC databases. 4,919 monthly organic visits as of June 2026 – primarily Indonesia.

Sources
BAPPEBTI Register (Indonesia),
FCA Financial Services Register,
Ahrefs API June 2026
Visual: CleaRank Compliance
Tier 1 – Offshore principals

No Tier-1 entity disclosed. Structure inferred from the offshore CFD operator pattern targeting developing-market retail traders.

?? Undisclosed

Operating Entity

Jurisdiction Undisclosed

The legal entity operating fortunomarkets.com was not disclosed in public regulatory registries reviewed by CleaRank in June 2026. No company name or registration number appears in the site footer or terms of service.

Not in BAPPEBTI / FCA
VC Possible IBC

Offshore IBC

St. Vincent & Grenadines (probable)

Offshore CFD operators targeting Indonesian retail clients commonly register an IBC in SVG or a similar non-licensing jurisdiction. The SVG FSA publicly states it does not regulate forex or CFD brokers.

Not a real licence
ID Target market

Indonesia Focus

Indonesia – 4,919 monthly visits

Ahrefs records Indonesia as the dominant traffic source for fortunomarkets.com in June 2026. BAPPEBTI regulates commodity futures trading in Indonesia and has not authorised Fortuno Markets to solicit Indonesian retail clients.

BAPPEBTI not authorised
Tier 2 – Consumer brand
Fortuno Markets  /  fortunomarkets.com
Absent
BAPPEBTI Authorisation (Indonesia) Fortuno Markets does not appear on the BAPPEBTI register of authorised commodity futures brokers. BAPPEBTI is the Indonesian regulatory authority for commodity futures trading.
Absent
FCA / ASIC / CFTC / CySEC No registration found with the FCA, ASIC, CFTC, CySEC, BaFin, or any other Tier-1 regulator. Zero Tier-1 regulatory footprint globally as of June 2026.
Tier 3 – Retail traders at risk

Retail traders in unprotected jurisdictions

No BAPPEBTI licence means Indonesian retail clients receive zero local regulatory protection. No Tier-1 licence means the same for clients globally.

IDIndonesia
BAPPEBTI not authorised
UKUnited Kingdom
FCA not authorised
AUAustralia
ASIC not licensed
USUnited States
CFTC not registered
EUEEA
No CySEC / ESMA coverage
CACanada
CSA unregistered
Compiled by CleaRank from the BAPPEBTI Register of Authorised Commodity Futures Brokers, FCA Financial Services Register, CFTC Registered Firms Database, ASIC MoneySmart Check, SVG Financial Services Authority public statements, and Ahrefs API data (June 2026). Entity disclosure based on publicly accessible materials only.

Ahrefs Audit: DR 10 and 4,919 Monthly Visits Primarily From Indonesia

Live data from the Ahrefs API for fortunomarkets.com in June 2026: Domain Rating 10, Ahrefs Rank 17,035,876, 47 live backlinks across 18 referring domains, 82 ranking organic keywords with 7 in the top-three positions, and 4,919 organic monthly visits. A Domain Rating of 10 reflects a minimal link authority profile; for reference, Tier-1 regulated brokers with active compliance programmes typically maintain Domain Ratings above 50. The 4,919 monthly visits are almost entirely attributable to Indonesia, the country where Fortuno Markets lacks BAPPEBTI authorisation.

Ahrefs Site Explorer Overview for fortunomarkets.com, rendered from the Ahrefs API in June 2026. Domain Rating 10, Ahrefs Rank 17,035,876, 4,919 monthly organic visits dominated by Indonesia. BAPPEBTI and Tier-1 regulatory watchlist annotations included.
Ahrefs Site Explorer Overview for fortunomarkets.com, rendered from the Ahrefs API in June 2026. Domain Rating 10, Ahrefs Rank 17,035,876, 4,919 monthly organic visits dominated by Indonesia. BAPPEBTI and Tier-1 regulatory watchlist annotations included.

Ahrefs records 4,919 monthly organic visits to fortunomarkets.com in June 2026. Indonesia is the dominant source of that traffic. BAPPEBTI, Indonesia’s commodity futures regulator, has not authorised Fortuno Markets to solicit Indonesian retail clients. The combination of high Indonesian traffic and zero BAPPEBTI authorisation means the majority of Fortuno Markets’ measurable organic audience is located in the one jurisdiction where the broker is most clearly operating without local regulatory sanction.

The BAPPEBTI Gap: Indonesian Traffic Without Indonesian Authorisation

Fortuno Markets’ most direct compliance problem is arithmetic: its largest measured audience is in Indonesia, and BAPPEBTI has not authorised Fortuno Markets to operate in Indonesia. BAPPEBTI is Indonesia’s commodity futures regulator. Its authorisation is required to legally solicit Indonesian retail clients for commodity futures trading, which includes forex CFDs. The Ahrefs data from June 2026 shows Indonesia generating the dominant share of 4,919 monthly organic visits. That combination – high Indonesian traffic, zero BAPPEBTI authorisation – is a measurable gap between where the broker is receiving clients and where it has regulatory permission to do so.

Pro Tip from CleaRank: Treat any broker whose country-level traffic contradicts its own restriction policy as if it has already failed regulation. CLEAR-certified Tier-1 brokers like IC Markets, Fusion Markets or Darwinex use real IP-blocking and KYC gates to enforce country restrictions because their Tier-1 licences require it.

Payment Rails: No Verified Retail Payment Method

Fortuno Markets does not publish a prominent, independently verifiable payment methods page accessible without account registration. Offshore brokers operating without BAPPEBTI authorisation and without a disclosed corporate identity commonly default to cryptocurrency payment rails that remove the Visa or Mastercard chargeback path available to retail clients. Indonesian retail clients in particular have limited consumer recourse options when dealing with unregistered offshore brokers that do not accept locally regulated payment methods.

Smart Pro Tip: If a broker only accepts crypto, mobile wallets, or local rails outside the Visa or Mastercard network, that is a structural sign the operator is trying to evade chargeback protection. Stick to Tier-1 brokers that take SEPA, Faster Payments, Visa, or Mastercard, and verify them with the CleaRank Broker Risk Scanner before depositing.

Customer Complaints: Limited Public Record

A search of major forex review forums returns a limited complaint record for Fortuno Markets and fortunomarkets.com as of June 2026. The limited forum footprint is consistent with the low Domain Rating and modest traffic profile recorded by Ahrefs: the broker has not yet accumulated the volume of public complaint data that longer-operating offshore brokers typically generate. Limited forum history does not indicate a clean operating record; it indicates an operator that has not yet accumulated enough user volume to generate a representative complaint profile on independent platforms.

Action Steps If You Are Already a Fortuno Markets Customer

Stop depositing immediately. Do not add another cent regardless of any bonus or recovery promise.

Preserve every record. Save deposit transaction hashes, MetaTrader account statements, chat logs, KYC submissions, every email and every screenshot.

File a chargeback fast if you deposited by Visa or Mastercard. The dispute window is typically 120 to 180 days from the deposit date.

Report the firm. UK: FCA Report an unauthorised firm. US: CFTC SmartCheck. Canada: Ontario Securities Commission. EU: your national regulator and ESMA.

Avoid recovery offers. Anyone offering guaranteed fund recovery for an up-front fee is a second-layer concern. Legitimate chargeback and regulator-complaint paths do not require an up-front fee.

Our Verdict for Fortuno Markets

Fortuno Markets’ 0.22 / 5 CLEAR Score reflects a broker that concentrates its audience in Indonesia while operating without BAPPEBTI authorisation. No Tier-1 licence. No disclosed operating entity. Domain Rating 10 with 4,919 monthly visits almost entirely from a jurisdiction where the broker has no regulatory permission to operate. No verified payment rail. No substantive public complaint or resolution record. The BAPPEBTI gap is the defining risk: every Indonesian client dealing with Fortuno Markets is outside the Indonesian regulatory protection framework.

Avoid Fortuno Markets. For real ECN execution under a Tier-1 regulator, use a CLEAR-certified broker such as IC Markets (ASIC), Fusion Markets (ASIC), or Darwinex (FCA). Verify any broker through the CleaRank Broker Risk Scanner before depositing.

Fortuno Markets FAQs

No. Fortuno Markets holds no Tier-1 forex licence and is not authorised by BAPPEBTI, Indonesia’s commodity futures regulator. Searches of the FCA Financial Services Register, the CFTC BASIC database and RED List, and the ASIC register return no entry for Fortuno Markets or fortunomarkets.com.

No. BAPPEBTI, the Badan Pengawas Perdagangan Berjangka Komoditi, is the Indonesian regulatory authority for commodity futures trading. Fortuno Markets does not appear on the BAPPEBTI register of authorised brokers. Indonesia is the dominant source of organic traffic to fortunomarkets.com according to Ahrefs data from June 2026.

The operating entity behind Fortuno Markets is not publicly disclosed. No company name, registration number, or regulatory file number appears in the footer, terms of service, or about page at fortunomarkets.com.

No. With a 0.22 / 5 CLEAR Score, no BAPPEBTI authorisation, no Tier-1 licence, no disclosed operating entity, and a traffic profile concentrated in Indonesia where it has no regulatory permission, Fortuno Markets cannot be verified through any major public data source.

Ahrefs records a Domain Rating of 10 and 4,919 monthly organic visits for fortunomarkets.com as of June 2026. The majority of that traffic comes from Indonesia.

No. The FCA Financial Services Register carries no entry for Fortuno Markets, fortunomarkets.com, or any entity linked to the site.

Disclaimer: This review documents the regulatory and compliance risks of an unregulated broker and is not financial advice. Always verify a broker’s licenses and seek professional guidance before trading.

Shaun David Author Image
Shaun David Author Image

Shaun David

Author of this review

I’ve spent majority of my life studying finance and building a successful career from analyzing market trends to spotting successful early adoptions in the crypto industry, and I’ve come to realize I’m not purely analyzing numbers, but the psychology and sentiment of the crowd. As one of CleaRank’s earliest team members I take a hands on approach and personally test brokers by opening real money accounts, executing trades, and stress testing their customer service. Throughout my career I’ve built trading algorithms, managed long term investment portfolios, and helped traders avoid shady brokers before they even knew they were at risk. Whether it’s uncovering hidden fees, evaluating regulatory loopholes, or optimizing trading strategies, I live and breathe the financial markets.

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