Admiral Markets
Fortrade
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Overview
Admiral Markets was founded in 2001 and is headquartered in UK, while Fortrade was established in 1992 and is based in UK. Admiral Markets holds licences including Financial Conduct Authority (FCA) – registration number 595450, while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. Admiral Markets serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $200 at Admiral Markets and $1 at Fortrade.
| Feature | Admiral Markets | Fortrade |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Regulation | Financial Conduct Authority (FCA) – registration number 595450, Cyprus Securities and Exchange Commission (CySEC) - license number 201/13, Australian Financial Services Licence (AFSL) no. 410681, Jordan Securities Commission (JSC) registration number 57026 | 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 |
| Founded | 2001 | 1992 |
| Country | UK | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Admiral Markets and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $200 at Admiral Markets). Neither broker charges withdrawal fees. Admiral Markets charges deposit fees; Fortrade does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Admiral Markets | Fortrade |
|---|---|---|
| Min. Deposit | $200 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Admiral Markets offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Admiral Markets supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Admiral Markets | Fortrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Admiral Markets and Fortrade compare. Admiral Markets runs regular live webinars; Fortrade does not. Admiral Markets has a video library; Fortrade does not. Admiral Markets publishes daily market commentary; Fortrade does not. Admiral Markets integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. Admiral Markets maintains an archive of past webinars for on-demand viewing. Admiral Markets scores higher overall in education and research.
| Feature | Admiral Markets | Fortrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Admiral Markets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). Admiral Markets uniquely supports Skrill among the two brokers. Fortrade uniquely supports PayPal among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Admiral Markets | Fortrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | Yes | No |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Admiral Markets and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. Admiral Markets supports 22 languages and Fortrade supports 1, giving Admiral Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Admiral Markets | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Hungarian, Bulgarian, Cestina, German, Dutch, French, Eesti, Francais, Greek, Latviesu, Lietuviskas, Moldovian, Croatian, Slovenian, Polish, Russian, Serbian, Romanian, Ukrainian, and Croatian | English |