Fortrade
FreshForex
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while FreshForex was established in 2004 and is based in Russia. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. Fortrade serves 10,000+ clients worldwide; FreshForex has 710,000+. Both brokers share the same minimum deposit of $1.
| Feature | Fortrade | FreshForex |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | 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 | SVGFSA 20623 IBC 2012 |
| Founded | 1992 | 2004 |
| Country | UK | Russia |
| Clients | 10,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and FreshForex, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Fortrade charges deposit fees; FreshForex does not. The two brokers are broadly comparable on fee structure.
| Feature | Fortrade | FreshForex |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Fortrade offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. Fortrade offers a mobile trading app; mobile availability for FreshForex is limited. FreshForex supports social and copy trading features, which Fortrade does not offer. Fortrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Fortrade | FreshForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, Binary, Tablet & Mobile apps | MT4, MT5, Windows, MAC, Linux |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and FreshForex compare. FreshForex runs regular live webinars; Fortrade does not. FreshForex has a video library; Fortrade does not. FreshForex publishes daily market commentary; Fortrade does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | Fortrade | FreshForex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Fortrade accepts 4 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Neteller), while FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Fortrade uniquely supports PayPal among the two brokers. FreshForex uniquely supports Skrill among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | FreshForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | Yes |
| 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 Fortrade and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 1 language. Both brokers are comparable on support quality.
| Feature | Fortrade | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English |