easyMarkets
Fortrade
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while Fortrade was established in 1992 and is based in UK. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Fortrade is regulated by Financial Conduct Authority (FCA) FRN: 609970 among others. easyMarkets serves 142,500+ clients worldwide; Fortrade has 10,000+. The minimum deposit is $100 at easyMarkets and $1 at Fortrade.
| Feature | easyMarkets | Fortrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | 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 | 2003 | 1992 |
| Country | Cyprus, Australia | UK |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets 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 easyMarkets). Neither broker charges withdrawal fees. Fortrade charges deposit fees; easyMarkets does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | easyMarkets | Fortrade |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, while Fortrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. easyMarkets supports social and copy trading features, which Fortrade does not offer. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | easyMarkets | 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, 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 easyMarkets and Fortrade compare. easyMarkets runs regular live webinars; Fortrade does not. easyMarkets has a video library; Fortrade does not. easyMarkets publishes daily market commentary; Fortrade does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | easyMarkets | 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. easyMarkets 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). easyMarkets uniquely supports Skrill among the two brokers. Fortrade uniquely supports PayPal among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | 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 easyMarkets and Fortrade offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and Fortrade supports 1, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | Fortrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English |