Fortrade
gbe brokers
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while gbe brokers was established in 2015 and is based in Bulgaria. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while gbe brokers is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; gbe brokers has 10,000+. The minimum deposit is $1 at Fortrade and $250 at gbe brokers.
| Feature | Fortrade | gbe brokers |
|---|---|---|
| Min. Deposit | $1 | $250 |
| 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), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F246 |
| Founded | 1992 | 2015 |
| Country | UK | Bulgaria |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and gbe brokers, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at gbe brokers). Neither broker charges withdrawal fees. Fortrade charges deposit fees; gbe brokers does not. Overall, Fortrade scores higher on fees in our assessment.
| Feature | Fortrade | gbe brokers |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Fortrade offers MT4, MT5, cTrader, while gbe brokers supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. gbe brokers supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Fortrade | gbe brokers |
|---|---|---|
| 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, Mac, ZuluTrade, Web Trader, 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 gbe brokers compare. gbe brokers runs regular live webinars; Fortrade does not. gbe brokers has a video library; Fortrade does not. gbe brokers publishes daily market commentary; Fortrade does not. gbe brokers integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. gbe brokers maintains an archive of past webinars for on-demand viewing. gbe brokers scores higher overall in education and research.
| Feature | Fortrade | gbe brokers |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
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 gbe brokers supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). gbe brokers uniquely supports Skrill among the two brokers. gbe brokers scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | gbe brokers |
|---|---|---|
| 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 gbe brokers offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and gbe brokers supports 8, giving gbe brokers broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | gbe brokers |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |