Argonaut Securities
Fortrade
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Overview
Argonaut Securities was founded in 2009 and is headquartered in Australia, while Fortrade was established in 1992 and is based in UK. Argonaut Securities holds licences including Australian Securities Exchange (ASX), while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. Argonaut Securities serves 10,000+ clients worldwide; Fortrade has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | Argonaut Securities | Fortrade |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | Australian Securities Exchange (ASX), Australian Securities and Investment Commission (ASIC), Securities and Futures Ordinance (SFO), Securities and Futures Commission (SFC) | 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 | 2009 | 1992 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Argonaut Securities and Fortrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Argonaut Securities charges deposit fees; Fortrade does not. The two brokers are broadly comparable on fee structure.
| Feature | Argonaut Securities | Fortrade |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Argonaut Securities offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Argonaut Securities supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Argonaut Securities | Fortrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,WEB,Desktop,iPhone,Mac | MT4, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Argonaut Securities and Fortrade compare. Argonaut Securities runs regular live webinars; Fortrade does not. Argonaut Securities has a video library; Fortrade does not. Argonaut Securities publishes daily market commentary; Fortrade does not. Argonaut Securities integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. Argonaut Securities maintains an archive of past webinars for on-demand viewing. Argonaut Securities scores higher overall in education and research.
| Feature | Argonaut Securities | 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. Argonaut Securities accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Fortrade supports 4 (bank transfer, credit/debit card, PayPal, Neteller). Fortrade uniquely supports PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Argonaut Securities | Fortrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Argonaut Securities and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. Argonaut Securities supports 2 languages and Fortrade supports 1, giving Argonaut Securities broader global reach. Both brokers are comparable on support quality.
| Feature | Argonaut Securities | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |