CM Trading
Fortrade
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Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while Fortrade was established in 1992 and is based in UK. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. CM Trading serves 10,000+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $250 at CM Trading and $1 at Fortrade.
| Feature | CM Trading | Fortrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Sector Conduct Authority (FSCA) | 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 | 2011 | 1992 |
| Country | Seychelles | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and Fortrade, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at CM Trading). Neither broker charges withdrawal fees. CM Trading applies inactivity fees on dormant accounts; Fortrade does not. Fortrade charges deposit fees; CM Trading does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | CM Trading | Fortrade |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
CM Trading offers MT4, MT5, cTrader, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. CM Trading supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | CM Trading | 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, Mirror Trader, Sirix, 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 CM Trading and Fortrade compare. CM Trading has a video library; Fortrade does not. CM Trading integrates third-party research tools (Autochartist); Fortrade does not. CM Trading scores higher overall in education and research.
| Feature | CM Trading | Fortrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading 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 | CM Trading | 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 CM Trading and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. CM Trading supports 2 languages and Fortrade supports 1, giving CM Trading broader global reach. Both brokers are comparable on support quality.
| Feature | CM Trading | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |