B

Fortrade

7.7/10

lqdfx

8.4/10
10/10RegulationTied10/10
10/10WinnerFees1/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner10/10
8.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Fortrade was founded in 1992 and is headquartered in UK, while lqdfx was established in 2017 and is based in Portugal. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while lqdfx is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; lqdfx has 200,000+. The minimum deposit is $1 at Fortrade and $250 at lqdfx.

lqdfx wins this category
FeatureFortradelqdfx
Min. Deposit$1$250
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), 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-F272
Founded19922017
CountryUKPortugal
Clients10,000+200,000+

Fees

Fees are a critical factor when choosing between Fortrade and lqdfx, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at lqdfx). Neither broker charges withdrawal fees. Fortrade charges deposit fees; lqdfx does not. Overall, Fortrade scores higher on fees in our assessment.

Fortrade wins this category
FeatureFortradelqdfx
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesYes

Platforms

Fortrade offers MT4, MT5, cTrader, while lqdfx supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.

Tied
FeatureFortradelqdfx
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Binary, Tablet & Mobile appsMT4, 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 lqdfx compare. lqdfx runs regular live webinars; Fortrade does not. lqdfx has a video library; Fortrade does not. lqdfx publishes daily market commentary; Fortrade does not. lqdfx integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. lqdfx maintains an archive of past webinars for on-demand viewing. lqdfx scores higher overall in education and research.

lqdfx wins this category
FeatureFortradelqdfx
Forex EducationNoYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistNoYes

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

lqdfx wins this category
FeatureFortradelqdfx
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 lqdfx offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and lqdfx supports 8, giving lqdfx broader global reach. Both brokers are comparable on support quality.

Tied
FeatureFortradelqdfx
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglishEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic