Fortress Capital


Fortress Capital is a full service financial firm; we offer Forex services, currency hedging, managed accounts, investments, lending, commodity clearing and execution, and more.

Foreign Exchange

Foreign Exchange services, such as deliverable payments to Pound, Euro, Yen, Australian Dollar, and others.

Currency Hedging

Currency Hedging, Treasury Management, Overlay programs

Managed Accounts

For Qualified Eligible Persons and Eligible Contract Participants, Fortress offers Forex strategies executed on your Forex brokerage account.

Fortress Capital Financial Services

We have the means to fulfill your ends; whether you're trying to make ends meet, or trying to make meetings end. Fortress Capital has an international team and an international perspective. We service clients in more than 30 countries around the globe, around the clock. From foreign exchange to commodity clearing, we can capture the alpha that you seek.


Date: 2016-10-18

Skills: Foreign Exchange Hedging, Forex clearing and execution, Forex education

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Fortress Capital Trading Academy (FCTA) was founded in 2016 by a group of veteran Forex traders and financial professionals, with the goal of teaching people Trading, Investing, Banking, Foreign Exchange, Money, and other financial concepts. Being in this business for a long time, we felt the need for a complete educational course, like what you would receive in a Business University. The fact is that there isn't something like "Currency Management" taught in B schools. Even high finance schools teach topics which are outdated by decades (for example, that FX rates can be predicted by Interest Rate Parity Theory - anyone who ever traded FX live knows that doesn't work - or else everyone would be an FX millionaire). So, we assembled the best experts, the best resources, the finest materials, and put it together in our first course, Introduction to Foreign Exchange.

Date: 2016-10-18

Skills: Managed Accounts and Investments for QEP only

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For QEP / ECP clients only, Fortress Capital offers managed Forex accounts.


Fortress Capital is a full service financial firm, offering products from foreign exchange to lending and investments.

Forex Hedging

Currency Hedging, Currency Payments Services (Deliverables), Portfolio construction, Treasury Management

Training & Education

Fortress Capital Trading Academy - Learn how to manage your currency risk, learn about investing, financial markets, and more.

Forex Trading

Forex Managed Accounts, Forex Self-Traded Accounts, Forex Signal Systems, and more







Open a Forex Account

Open a Forex account with a regulated USA broker, and deposit only $1 - get news, analysis and more - only from Fortress Capital.

About Fortress Capital

Fortress Capital is an investment firm which specifically concentrates on alternative investments such as global commodity futures online trading and clearing, wealth management, commercial & business loans and real estate sales & developments. At Fortress there is an understanding that the wide and diverging landscape of alternative investments makes professional experience and excellence extremely valuable. Our team is comprised of licensed financial professionals from a wide diverse background, including Florida, the United Kingdom, the Middle East, Africa, and more.

Fortress Capital Team

George Ashkar

George Ashkar


    Fortress Capital (Commodity Futures Independent Introducing Broker, RIA)., President & CEO, Oct 2009 to Present. Responsible for the operation and the management of the firm. Mr. Ashkar became the listed principal of Fortress Capital on March 26, 2010 and an associated person (AP) of Fortress Capital, (NFA ID # 0416646) on June 02, 2010.
    -TradingBlock (Broker Dealer), Stock Broker. Oct 2012 to present
    -Transcend Capital (Broker Dealer), Business Development Representative, June 2010 to Jan 2011
    -Edward Jones (Broker Dealer), Aug 2008 till Nov 2008: Financial Advisor
    -Confident Services LLC. (Financial Services), President, Proprietary Trader, Feb 2008 to Oct 2009
    -Hamilton Williams LLC. (FCM), Foreign Broker, EU & ME Business Development, Dec 2005 to Jan 2008
    -GLB Trading (Broker Dealer), Financial Advisor, Proprietary Trader, Jan 2007 to July 2008
    Mr. Ashkar's main role as a Financial Advisor is to help clients maintain the desired balance of investment income, capital gains, and acceptable level of risk by using proper asset allocation. As a Financial Advisor, Mr. Ashkar uses stocks, bonds, mutual funds, real estate investment trusts (REITs), options, futures, notes, and insurance products to meet the needs of his clients.There has not been a material administrative, civil, or criminal action-whether pending, on appeal or concluded-against Mr. Ashkar throughout his career.

    Qualifications: All current financial industry, principal/supervisory, general product/industry, and/or state securities law exams that Mr. Ashkar has passed:

    Series 24, 30, 3, 7, 55, 63, & 66

    Mr. Ashkar is a Registered Investment Advisor for Fortress Capital (RIA) in the State of Florida. Fortress Capital (RIA, firm) and Mr. Ashkar (Financial Advisor, Agent) registration was accepted and authorized by the Florida Office of Financial Regulation to conduct business in the State of Florida on April 15, 2010.

    Steve Utley

    Steve Utley

    Chief Trader, FX

      Stephen James Utley, MBA was born, raised and educated in the UK, where he excelled academically and athletically, as captain of both his high school and university rugby teams, Steve found early on he was more suited to making decisions and taking charge than being told what to do by others - a leader rather than a follower. Upon earning a II 1 BA honors degree in Industrial Economics from Nottingham University, Steve soon after relocated to the US with his former wife and received a job offer from Gerard Klauer Mattison, a boutique Wall Street institutional brokerage house. He passed his series 7 and 63 with the highest score of any candidate in the firm (99% on the 7) and began on the institutional sales and trading desks. However, as a born leader, Steve felt the urge to develop his own research and trading ideas and strategies. After leaving the firm, he began to study and practice the skills of portfolio management, technical and fundamental analysis, which led him to return to school to attain his MBA in finance from Zicklin Business School in New York city. There he worked with professors and programmers to achieve statistically significant and consistent back tested positive returns using predictive modeling software, and designed his first model to trading the S and P 500, which operated a 80/20 win loss ratio over 4 years. Steve continued to test and design trading systems following his graduation, honing his skills in the FX markets, - drawn to them due to his international background, and knowledge of economic events and conditions that affect the value of currencies. Steve is licensed with the National Futures Association, and holds the series 3 and 34.

      Joseph Gelet

      Joseph Gelet

      Vice President, Forex Division

      Joseph James Gelet was born in Anaheim, California in 1980 and grew up bi-coastal, in Southern California and Boca Raton, Florida. His interest in computers led him to electronic trading and algorithm development when there was no 'program trading' or algorithmic industry to speak of. Joseph Gelet has been trading since 1996. He began day-trading equities during this time and was always on the cutting edge of algorithmic electronic trading. In 1999 Mr. Gelet began a quest to develop an intelligent trading system for the markets - but at that time algorithmic trading was heresy. In 2002 Mr. Gelet founded Elite E Services in New Zealand, the first boutique Forex broker in the jurisdiction (currently, New Zealand is a Forex hotspot). In 2006 Mr. Gelet became registered with the NFA as a Member CTA (#373609) with a Series 3 designation, through Elite E Services, Inc.USA - and for many years, managed client funds using algorithmic Forex systems. EES was twice named top 10 CTA by Barclay Hedge, as well as receiving press from publishers such as Futures Magazine, Stocks & Commodities magazine, FX Magazine, and many others. Mr. Gelet is a well read author, he has authored 2 books on the topic of Forex as well as countless articles both in leading print and online publications. Always staying on the cutting edge of algorithmic electronic trading, he recently pioneered the first Binary Options Forex robot available in MT4 format. He also is an expert Forex consultant to Steinmeyer Law, a leading securities class action & anti-trust litigation firm. He holds a Series 3 license (Commodity Trading Advisor), and has developed an in-depth Forex training course which has helped many Wall St. professionals and international investors understand the nuances of Forex. Mr. Gelet has been the Forex & IT consultant to many FCMs, FDMs, Banks, Hedge Funds, and Universities.

      Due to the overwhelming amount of fraud and unscrupulous practices in Forex in the United States, Elite E Services decided to withdraw from the NFA in 2014 in pursuit of opening a Forex bank. Joseph Gelet lives in South Carolina with his wife.

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      (F)ortress Capital put the "F" in "Forex" - contact us to learn more.

      Contact Info

      +1 800 591-2393
      Fortress Capital Inc. Corporate Offices
      3015 N. Ocean Blvd. Unit C-114
      Fort Lauderdale, FL 33308

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