Fortrade Review: How It Compares | for 2025
This Fortrade review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Fortrade to give you the most comprehensive guide available.
Fortrade is a reputable broker that was founded in 1992. They have around 225 employees that help the company provide Financial Markets Access, to 10,000+ clients through MT4, Binary, Tablet & Mobile apps.
Fortrade Guide – Read our In-Depth Fortrade Review
Fortrade Rating: 4.05 / 10
This Fortrade review page contains information about investing with Fortrade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Fortrade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Fortrade review contains the most recent details about Fortrade.
If you're a new entrant in the realm of online trading and brokers, so many facts will no doubt be perplexing for you. Getting into the world of trading online demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of online trading and brokerages as you keep trading. For starters, you need to choose the ideal online broker who will always be transparent with you.
In the fast-paced world of financial markets and trading, you will need guidance to make proper decisions. A professionally lead investment online broker could assist you in minimising any losses and maximising any returns. Fortrade is just one such broker which will assist you. It is important to understand all you can about any broker until you trust them with your cash.
When engaging in online trading with platforms such as Fortrade, it's crucial to meticulously examine Fortrade as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your Fortrade investments to prosper. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be prudent and methodical in your Fortrade broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of Fortrade, its track record, and reputation is vital. Moreover, ensure the Fortrade broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, Fortrade should be a supportive ally on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with Fortrade into easily understandable information in this Fortrade review. Our goal is to equip you with the knowledge necessary to confidently use Fortrade trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Fortrade are the cornerstone of successful trading. As such, we've provided this in-depth Fortrade review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Fortrade and how it can work to your advantage, or if Fortrade might not be the right fit for you.
Fortrade Review for 2025 – Brief Overview
Fortrade Telephone: | +44 203 966 4506 |
Fortrade Support Email: | info@fortrade.com |
Fortrade Address: | Michelin House, 81 Fulham Road, London. SW3 6RD |
Year Founded: | 1992 |
Regulated By: | Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 |
Hedquarters: | UK |
Minimum Deposit: | $1 |
Number Of Clients: | 10,000+ Fortrade users and traders |
Fortrade LinkedIn: | https://www.linkedin.com/company/fortrade-ltd. |
Fortrade Facebook: | https://www.facebook.com/ready.fortrade/ |
Fortrade Facebook Likes: | 112,294 |
Fortrade Twitter: | @ready_for_trade |
Fortrade Twitter Followers: | 1,944 |
Fortrade Instagram: | https://www.instagram.com/fortrade_online_trading |
Fortrade Instagram Followers: | 13,400 |
Fortrade Youtube: | https://www.youtube.com/channel/UCNCrGhrDTEN1Hx_20-kFxwg |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. |
Our full Fortrade review for beginners covers everything you will need to learn about trading via Fortrade. A fantastic broker can use your initial investments and help to protect it from losses but also give you a platform that can help to provide you profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment goals.
Of course, there's absolutely no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you choose them. It is a frequent misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
Fortrade is a trading partner which has paved its way successfully to the broker world. Within this review, we have tried to collate some of the important facets of Fortrade. This guide can allow you to learn whether Fortrade is a great match for your own investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Who are Fortrade?
Fortrade is a foreign exchange broker with its headquarters in UK and provides a range of tools for online trading. Since its start in 1992 they have emerged as a leading player in the field of online trading. Fortrade includes an extremely reputable and full-featured trading website that is focused on currency, indices, metals, sharesand commodities.
Over the past 33 years, Fortrade has grown into one of the best online brokers available to the public.
After launching in 1992, their consumer base has become as large as 10,000+ clients.
Fortrade is a favourite for many online traders because of its negative balance protection. Our Fortrade account review discovered that they are a professional solution for online trading options. They are most appropriate for investors who are searching for a variety of assets. Social and easy to use trading solutions are the heart at Fortrade.
Technology plays a significant role at Fortrade. They features trading on MT4, Binary, Tablet & Mobile apps. Fortrade is honest, transparent, and also a well-regulated agent by the Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20. Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.
The trader resource department at Fortrade is quite enlightening for new dealers as it permits them to get a closer look in the financial markets. Fortrade caters to all types of traders and are a must-have broker for any well-diversified approach to online trading.
Fortrade Review Videos
Benefits of using Fortrade in 2025
Trading with Fortrade comes with numerous advantages. These advantages are what sets Fortrade ahead of all other online brokers. You should check all of the advantages listed so you have a better comprehension of Fortrade.
The broker goes to great lengths to comprehend what dealers need. Consequently, the service, quick, and convenient. The broker also provides a number of platforms for all types of traders. Fortrade helps to ensure that the individual needs of all traders are met to the best of their ability.
Fortrade also includes excellent trading conditions which are readily available to all and not just an elite class of institutional customers. The tight spreads and fast executions are a great benefit for all traders. The technology adopted by Fortrade is of the maximum caliber, ensuring that it is fast, reliable, and effective.
Fortrade acknowledges the importance of having a fast order execution. A quick implementation enables users to exchange without worrying about slippage safely. It will also help the dealers to catch any opportunities.
Fortrade has over 100 trading instruments to support all kinds of traders. These instruments are dynamic and suitable for both new and experienced traders. All traders can set aside all their worries when trading using Fortrade.
Fortrade Overview
Year Founded: 1992
Regulated By: Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20
Hedquarters: UK
Minimum Deposit: $1
Number Of Clients: 10,000+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.
If you feel that Fortrade is not right for you then at the bottom of this Fortrade review you will find a lot of alternatives to Fortrade.
Everything you ought to know about trading with Fortrade
Fortrade is a lively platform that provides various procedures of trading online. These tools cover the financial markets considerably. Most of the broker platforms offer fewer procedures than Fortrade
If you wish to exchange with Fortrade, you'll require a minimum deposit of $1. This deposit is compulsory if you want to begin trading using Fortrade. This 2025 Fortrade review will direct you clearly about trading with them.
Fortrade is as flexible as any other broker platform. Fortrade is excellent for traders who want a manageable range of low-cost services. The platforms supplied by Fortrade are third-party, white-label offerings. All traders may choose out of MT4, Binary, Tablet & Mobile apps
Along with everything, Fortrade has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a trade must be kept open. The agents provide premium customer service that rewards customers with advantages.
Many unethical brokers attempt to pressurise consumers into bigger financing for premium services. Fortrade, though, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will come along.
Fortrade accounts are available globally and provides excellent service everywhere they have customers. There are some select few countries where Fortrade accounts are not available. Traders in the following countries cannot open or use a Fortrade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Fortrade Safe To Trade With In 2025?
Founded in 1992, Fortrade has been in operation for 33 years, they are headquarted in UK
Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20. These bodies have rules that ensure that trading platforms have steps in place to keep investor's assets secured. This usually means that Fortrade users don't need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption secures every user's private information also.
You can make use of a choice for 2 Factor Authentications (2FA) with Fortrade for heightened security. An SMS with the confirmation code will be sent to a phone. You will be required to input this code to log into your accounts.
Another concern with financial brokers is in regards to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is much more widespread in the case of Market Maker agents who compete with customers on the stage.
Fortrade Risk Disclaimer
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.
Pro's & Con's Of Trading With Fortrade
Every online trading platform will have some pros and cons Fortrade review would be complete without having a balanced approach. This Fortrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Fortrade Pro's
Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20.
Fortrade has been trading for 33 years.
Fortrade offers customer support over the phone.
Fortrade provides customer support over email.
Fortrade gives access to customer support over livechat.
Fortrade offers negative balance protection.
Fortrade has a low minimum deposit requirement.
Fortrade doesn't charge withdrawal fees.
Fortrade doesn't charge inactivity fees.
You can trade Cryptocurrencies with Fortrade.
Fortrade has over 100 employees.
Fortrade allows scalping.
Fortrade allows hedging.
Fortrade Con's
Fortrade is not highly rated by us. Fortrade hasn't won any awards. Fortrade doesn't offer guaranteed stop loss. Fortrade doesn't offer social trading. Fortrade doesn't offer copy trading. Fortrade doesn't allow commodity trading. You can't trade metals with Fortrade. You can't trade energies with Fortrade.Compare Brokers Similar To Fortrade
Regulation And Licencing In More Detail
Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20.
Fortrade, as a business, has a strong set of rules for ensuring fair trading on its platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is never to be shared with some other institutions or individuals. Including credit history and other financial information.
Fortrade Awards
At the time of writing this Fortrade review, and despite Fortrade’s impressive offering, the company has surprisingly not garnered any awards to date.Fortrade Trading Platforms
Fortrade are a trustworthy broker that has been operating for over 33 years. They offer a large range of options in their user accounts.
In the following table we take the main parts of any good brokerage and compare Fortrade against Startrader, and freetrade.
Fortrade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Fortrade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Fortrade MetaTrader 4 is compatible with the latest macOS. Fortrade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Fortrade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Fortrade MetaTrader 4 On iOS Devices
You can download the Fortrade app or also trade with Fortrade through the MetaTrader 4 application on the Apple app store.
Download the Fortrade MetaTrader 4 Program free of charge from Apple's App Store. Fortrade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Fortrade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Fortrade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Fortrade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you need to begin on Fortrade is $1. This is a decent amount for people just starting out. It's possible to create more advanced deposits as you cooperate. However, ensure you know how to make the most of your cash before investing in larger amounts.
Commission And Fees Explained
Fortrade is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly three different types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In these instances, you're spending a spread, funding rate, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling price. Financing or overnight rates are people who are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for operations like depositing money, not investing for long periods, or withdrawals.
In general, Fortrade does not charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who regularly exchange, for example weekly or daily trading.
But, non-trading fees charged by Fortrade are comparatively competitive. As a result, you are billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of resources.
This Fortrade review breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees Of Fortrade
Fortrade Withdrawal Fees Explained
Fortrade doesn't charge withdrawal fees.Withdrawal of money is possible at any time from the Fortrade account. You can draw sums up to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't always have to have any money on your account.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn cash will be sent to the cardFortrade will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you're choosing to draw in.
Fortrade Inactivity Fees Explained
Fortrade doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been indicated by Fortrade, it is better for you to close the account if you're inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee is contingent upon the type of account you have chosen. The inactivity fee is subjected to many circumstances and needs to be revealed clearly by the agent beforehand.
Fortrade Deposit Fees Explained
When you move money in your trading account by your bank account, a deposit fee can be charged by the broker. Most brokers do not charge too much money for this particular operation.
Fortrade charges a deposit fee for transferring money into your trading account.
Depositing cash on the Fortrade trading platform is simple. You simply need to finish a single-user profile survey to start depositing money into your trading account. You'll need to give an identity evidence and proof of residency to deposit large amounts.
Compare Fortrade Vs Other Broker Deposit Methods
What Can You Trade With Fortrade in 2025?
Note: Fortrade provides many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can be different depending on the country of residence of the client.
Fortrade has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then Fortrade offer over 70 forex pairs.
Compare Fortrade, Startrader & freetrade below.
Fortrade Trading App Review
Note: Fortrade's mobile app has a lot of functions and is being developed all the time. The below information was accurate at the time of writing this Fortrade broker review.
Understand the capabilities of the mobile apps of Fortrade, Startrader & freetrade below.
Trading Education Available At Fortrade
Understand the trading resources available with Fortrade, Startrader & freetrade below.
Fortrade Customer Support
While collating this Fortrade broker review we tested the options for customer service including response times, and on the Fortrade trading platform problem solution effectiveness. Fortrade supports a wide range of languages including English
Fortrade Live Chat Support
We tried the livechat experience with Fortrade and it works well. We made a request through the Fortrade livechat via their website and app and got a reply within 20 seconds. On Occasion there was no response.
We tested communicating via Fortrade support in multiple languages and in various countries. Fortrade were successful in resolving client's problems.
Fortrade Phone Support
We called Fortrade and the call was answered very promptly. It was responded to within less than 5-10 minutes.
The Fortrade phone support team was able to effectively address our queries and problems over the phone. We tested the multilingual Fortrade team by calling in varying languages. Fortrade made an effort to ensure that our questions were addressed.
Overall, the phone support from Fortrade was satisfactory.
Fortrade Email Support
We sent several messages to Fortrade and the response times were all outstanding. The fastest email response from Fortrade was 5 hours and the longest response time was 3 days! Sometimes , there were no responses. Support response times can vary depending on what is needed from Fortrade, however, we've had the experience of sending out 10 emails at different times.
The team was able to resolve and answer our questions. Average email support from Fortrade was good.
Alternatives To Fortrade
If, after studying this Fortrade review, they do not quite meet your needs check out these Fortrade alternatives.
We've scoured the internet to find the best alternatives to Fortrade. Click on the links below to learn more.
Frequently Asked Questions
Can I try Fortrade before I buy?
Absolutely! you can most certainly try Fortrade before you buy. Fortrade provides demo accounts for the ease of new traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you register for a demo account with Fortrade, you will set out with a decent amount of virtual currency. It's to establish a feeling of security and confidence in you before you decide to invest your own money.
With a digital Fortradedemo account, you can experiment in any way, to whatever length you desire. You can also start positions, examine different trading approaches, and more.
Fortrade shows on its official website how you are able to trade real time stocks in a demo account.
Is Fortrade safe?
You can drop all of your worries since we believe that Fortrade is totally safe to use. It is in compliance with the principles of Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20.
Even so, Fortrade doesn't provide assured stop-loss protection.
Why does Fortrade ask for my passport?
The reason that Fortrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Fortrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Fortrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Fortrade?
The process to start trading with Fortrade is super simple. You need to begin by signing up on the Fortrade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Fortrade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Fortrade is $1. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Fortrade.
The best way to kickstart your trading career with Fortrade is to open a demo account facility before risking any real money
What funding methods do Fortrade accept?
There are a number of methods to fund your accounts with Fortrade. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to keep in mind that PayPal isn't available in all country. The currencies Fortrade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, even though it takes about 4-7 days.
Is my money safe with Fortrade?
Yes, your money is safe and protected with Fortrade. As you already know, Fortrade operates with good conformation to regulations. It's established plenty of measures to guard all of its own investors.
Fortrade protects its clients' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further safeguard your account, it is possible to empower Two-Step Verification as well. It requires an SMS confirmation for you to get your account.
Is Fortrade trading good?
Yes, trading via Fortrade is a pleasant and decent experience indeed. It's an excellent and intuitive platform with helpful features for your ease. In addition, you can also gain access to a vast collection of educational tools and assistive substance to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and assess the credibility of the platform on your own.
Which Countries do Fortrade support?
Fortrade operates across the world. However, due to regulations Fortrade cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Fortrade legit?
Fortrade is a legit company headquarted in UK since 1992. They are regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20. Fortrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Fortrade a good broker?
Fortrade is an excellent broker, and its users can vouch for it. The highlight of this platform is its quick order execution on trades.
You'll find the clean layout of the platform along with the commendable features that are pleasant to work with.
Is Fortrade a trustworthy broker?
Yes, Fortrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Fortrade?
The minimum deposit to open a live account with Fortrade is $1
How long do Fortrade withdrawals take?
Normally, withdrawal of money from Fortrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Fortrade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Fortrade regulated?
Fortrade are regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20
Is Fortrade a market leading broker?
Fortrade is currently one of the business leaders. It has over 10,000+ registered users and over 33 years of expertise on its own record. They're among the world's top trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and broad range of resources plus tools so that you may put money into capital markets.
Is Fortrade a con?
No, Fortrade is not a con. They are regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20 and must adhere to their rules. Thus, it is safe to say that Fortrade is not a scam.
Can you make money with Fortrade?
Using Fortrade, many traders make a great deal of money. But, just like all online brokerages, it is important to note that traders can also lose money. In particular, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.
This can look to be a little number, but within the entire year, it adds to a significant amount of gains. While Fortrade provide you all the tools to earn money, they can't guarantee you will gain.
Does Fortrade have fees?
Yes. To start trading with Fortrade, you have to deposit $1. Certain commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.
When was Fortrade founded?
Fortrade was founded in 1992 in UK. Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970, National Bank of the Republic of Belarus (NBRB) FRN: 193075810, Australian Securities and Investments Commission (ASIC) ABN: 33 614 683 831 | AFSL: 493520, Canadian Investor Protection Fund (CIPF) CRN: BC1148613, Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20.
How many people use Fortrade?
Fortrade is a globally recognised agent with 10,000+ customers.
Where is the Fortrade head office?
Fortrade has its head office in UK
Does Fortrade offer negative balance protection?
Yes, Fortrade has Negative Balance Protection. It is especially offered while the market volatility keeps clients from allowing their accounts go in the red. In a situation like this, Fortrade provides the ability to reset a customers account balance to zero.
You should go through the critical stipulations on Fortrade's site to understand their policies.
Does Fortrade offer guaranteed stop loss?
Fortrade, unfortunately, does not offer guaranteed stop loss. Fortrade provides an opportunity to its traders to close their trades in their given price. Apart from that, Fortrade doesn't offer guaranteed stop loss.
Does Fortrade allow scalping?
Yes, Fortrade does allow scalping. Many traders throughout the world select Fortrade for their services that are trading. They offer trading on MT4, Binary, Tablet & Mobile apps which allow this.
Does Fortrade allow hedging?
Yes, Fortrade does allow hedging.
Can you trade energies with Fortrade?
No, unfortunately you cannot trade energy stock with Fortrade
Can you trade agricultural shares with Fortrade?
No, unfortunately you cannot trade agricultural stock with Fortrade
Can you trade cryptocurrency with Fortrade?
Yes, you can trade cryptocurrency with Fortrade
Can you trade metals with Fortrade?
No, unfortunately you cannot trade metals with Fortrade
Can you trade UK Shares with Fortrade?
Yes, you can trade UK shares with Fortrade
Can you trade US Shares with Fortrade?
Yes, you can trade US shares with Fortrade
Can you trade Japanese Shares with Fortrade?
No, unfortunately you cannot trade Japanese shares with Fortrade
Can you trade German Shares with Fortrade?
No, unfortunately you cannot trade German shares with Fortrade
Does Fortrade accept bank transfers?
Yes, Fortrade accepts bank transfers for depositing money.
Does Fortrade accept credit cards?
Yes, Fortrade accepts credit cards for depositing money.
Does Fortrade accept PayPal?
Yes, Fortrade accepts PayPal for depositing money.
Does Fortrade accept Skrill?
No, Fortrade does not accept Skrill.
Does Fortrade accept Payoneer?
Yes, Fortrade accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. It's also used by eCommerce platforms like Rakuten, Walmart, Wish.com, and freelance marketplaces like Fiverr, Envato, and works in conjunction with ad networks to link these companies with publishers based out of their headquartered countries.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does Fortrade accept Neteller?
Yes, Fortrade accepts Neteller for depositing money.
Does Fortrade offer Live Chat customer support?
Yes, Fortrade offers customer support through live chat.
Does Fortrade offer phone customer support?
Yes, Fortrade offers customer support over the telephone.
Does Fortrade offer email customer support?
Yes, Fortrade offers customer support through email.
What languages can Fortrade communicate in?
Fortrade has the ability to communicate and support customers who speak: English
Does Fortrade have a wikipedia page?
No, Fortrade does not have an official wikipedia page.
Does Fortrade offer demo accounts?
Yes, Fortrade offers virtual portfolio accounts so you can test your trading strategies before risking any real money. New traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the features before signing up for a live account.
Compare Fortrade To All Our Other Brokers
Latest Fortrade News & Insights
Fortrade Review
Fortrade Review:
Table Of Contents
- Who are Fortrade?
- Benefits Of Trading With Fortrade
- Everything you should know about trading with Fortrade
- Is Fortrade Safe To Trade With?
- Fortrade Risk Disclaimer
- Pro's & Con's Of Trading With Fortrade
- Compare Brokers Similar To Fortrade
- Fortrade Regulation And Licencing
- Fortrade Awards
- Minimum Deposit Required For A Live Account With Fortrade
- Fortrade Commission And Fees
- Compare broker fees against Fortrade
- Fortrade Withdrawal Fees Explained
- Fortrade Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Fortrade?
- Fortrade Customer Support
- Fortrade Live Chat Support
- Fortrade Phone Support
- Fortrade Email Support
- Alternatives To Fortrade
- Frequently Asked Questions About Fortrade