Fortrade
FxPro
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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.
| Feature | Fortrade | FxPro |
|---|---|---|
| Min. Deposit | $1 | $100 |
| 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 | Financial 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) |
| Founded | 1992 | 2006 |
| Country | UK | UK |
| Clients | 10,000+ | 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.
| Feature | Fortrade | FxPro |
|---|---|---|
| Min. Deposit | $1 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
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.
| Feature | Fortrade | FxPro |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Binary, Tablet & Mobile apps | MT4, 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.
| Feature | Fortrade | FxPro |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| 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 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.
| Feature | Fortrade | FxPro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| 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 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.
| Feature | Fortrade | FxPro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese |