B

Fortrade

7.7/10
regent markets group logo

regent markets group

7.9/10
10/10RegulationTied10/10
10/10WinnerFees0/10
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 regent markets group was established in 2020 and is based in United Kingdom. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while regent markets group is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; regent markets group has 10,000+. The minimum deposit is $1 at Fortrade and $250 at regent markets group.

regent markets group wins this category
FeatureFortraderegent markets group
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-F299
Founded19922020
CountryUKUnited Kingdom
Clients10,000+10,000+

Fees

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

Fortrade wins this category
FeatureFortraderegent markets group
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

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

Tied
FeatureFortraderegent markets group
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 regent markets group compare. regent markets group runs regular live webinars; Fortrade does not. regent markets group has a video library; Fortrade does not. regent markets group publishes daily market commentary; Fortrade does not. regent markets group integrates third-party research tools (Trading Central); Fortrade does not. regent markets group maintains an archive of past webinars for on-demand viewing. regent markets group scores higher overall in education and research.

regent markets group wins this category
FeatureFortraderegent markets group
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 regent markets group supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). regent markets group uniquely supports Skrill among the two brokers. regent markets group scores higher on deposit and withdrawal flexibility.

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

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