B

Fortrade

7.7/10

FxPro

8.3/10
10/10RegulationTied10/10
10/10WinnerFees6/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner6/10
8.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Fortrade was founded in 1992 and is headquartered in UK, while FxPro was established in 2006 and is based in UK. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while FxPro is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; FxPro has 10,000+. The minimum deposit is $1 at Fortrade and $100 at FxPro.

FxPro wins this category
FeatureFortradeFxPro
Min. Deposit$1$100
RegulationFinancial 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 385/20Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA)
Founded19922006
CountryUKUK
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Fortrade and FxPro, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $100 at FxPro). Neither broker charges withdrawal fees. FxPro applies inactivity fees on dormant accounts; Fortrade does not. Fortrade charges deposit fees; FxPro does not. Overall, Fortrade scores higher on fees in our assessment.

Fortrade wins this category
FeatureFortradeFxPro
Min. Deposit$1$100
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Fortrade offers MT4, MT5, cTrader, while FxPro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FxPro supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureFortradeFxPro
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Binary, Tablet & Mobile appsMT4, MT5, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and FxPro compare. FxPro runs regular live webinars; Fortrade does not. FxPro has a video library; Fortrade does not. FxPro publishes daily market commentary; Fortrade does not. FxPro integrates third-party research tools (Trading Central); Fortrade does not. FxPro maintains an archive of past webinars for on-demand viewing. FxPro scores higher overall in education and research.

FxPro wins this category
FeatureFortradeFxPro
Forex EducationNoNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoNo

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 FxPro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FxPro uniquely supports Skrill among the two brokers. FxPro scores higher on deposit and withdrawal flexibility.

FxPro wins this category
FeatureFortradeFxPro
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillNoYes
NetellerYesYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Fortrade and FxPro offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and FxPro supports 15, giving FxPro broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFortradeFxPro
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglishArabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese