18 August, AtoZForex.com, Lagos – Fortress Prime withdrawal delays of some client has been confirmed by the financial firm. According to recent report, Fortress Prime withdrawal delays have already lasted for more than one month, since today’s update. In a recent announcement, the financial firm has clarified that the delays have been due to issues regarding the sending out of funds, rather than a lack of financial capability of Fortress Prime.
Fortress Prime acknowledged that the cause of the matter are related to banking issues, which the financial firm is rigorously working on to solve the matter. Therefore, Fortress Prime is suggesting that it may only take another few days, before the affected clients will get paid in resolution of the Fortress Prime withdrawal delays.
In more detail about Fortress Prime, it is a financial firm that offers a range of alternative and traditional investment strategies for institutional and private investors around the world. The financial firm was founded back in 1998, and purposed to seek to provide its investors with superior risk-adjusted returns, in a management structure that closely aligns the interests of investors and managers.
Application for FCA license
Aside Fortress Prime withdrawal delays, a subsidiary of the Fortress group announced their plan to get the UK Banking Regulation License from FCA. The firm is a leading clearing houses, providing liquidity for vast number of financial products including but not limited to Forex, Commodities, Indices, CFDs and much more.
CEO of Fortress Prime, Mitch Eaglstein commented: “This is a critical step in becoming a true global Forex provider as FCA regulations will allow us to provide prime brokerage services to institutional clients in Europe and other mature markets across the globe” and “a local team will be hired that will conduct our prime brokerage services in the UK”.
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