B

Fortrade

7.7/10

shaw and partners limited

7.4/10
10/10RegulationTied10/10
10/10WinnerFees0/10
9/10PlatformsTied9/10
0/10Education & ResearchWinner4/10
8.5/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Fortrade was founded in 1992 and is headquartered in UK, while shaw and partners limited was established in 2014 and is based in Switzerland. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while shaw and partners limited is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; shaw and partners limited has 250,000+. The minimum deposit is $1 at Fortrade and $250 at shaw and partners limited.

Fortrade wins this category
FeatureFortradeshaw and partners limited
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-F305
Founded19922014
CountryUKSwitzerland
Clients10,000+250,000+

Fees

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

Fortrade wins this category
FeatureFortradeshaw and partners limited
Min. Deposit$1$250
Withdrawal FeesNoNo
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesYes

Platforms

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

Tied
FeatureFortradeshaw and partners limited
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 shaw and partners limited compare. shaw and partners limited has a video library; Fortrade does not. shaw and partners limited integrates third-party research tools (Autochartist); Fortrade does not. shaw and partners limited scores higher overall in education and research.

shaw and partners limited wins this category
FeatureFortradeshaw and partners limited
Forex EducationNoYes
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
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 shaw and partners limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). shaw and partners limited uniquely supports Skrill among the two brokers. shaw and partners limited scores higher on deposit and withdrawal flexibility.

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

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