Bridges Financial Services
Fortrade
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Overview
Bridges Financial Services was founded in 2014 and is headquartered in Australia, while Fortrade was established in 1992 and is based in UK. Bridges Financial Services holds licences including ABN 60 003 474 977, while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. Bridges Financial Services serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $100 at Bridges Financial Services and $1 at Fortrade.
| Feature | Bridges Financial Services | Fortrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | ABN 60 003 474 977, AFSL No. 240837 | 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 | 2014 | 1992 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Bridges Financial Services and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Bridges Financial Services). Bridges Financial Services charges withdrawal fees while Fortrade does not, a notable advantage for frequent withdrawers. Bridges Financial Services charges deposit fees; Fortrade does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Bridges Financial Services | Fortrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Bridges Financial Services offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Bridges Financial Services supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Bridges Financial Services | Fortrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | MT4, Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Bridges Financial Services and Fortrade compare. Bridges Financial Services runs regular live webinars; Fortrade does not. Bridges Financial Services has a video library; Fortrade does not. Bridges Financial Services publishes daily market commentary; Fortrade does not. Bridges Financial Services integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. Bridges Financial Services maintains an archive of past webinars for on-demand viewing. Bridges Financial Services scores higher overall in education and research.
| Feature | Bridges Financial Services | 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. Bridges Financial Services 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 | Bridges Financial Services | 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 Bridges Financial Services and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. Bridges Financial Services supports 2 languages and Fortrade supports 1, giving Bridges Financial Services broader global reach. Both brokers are comparable on support quality.
| Feature | Bridges Financial Services | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |