B

Fortrade

7.7/10

test broker

0/10
10/10WinnerRegulation0/10
10/10WinnerFees0/10
9/10WinnerPlatforms0/10
0/10Education & ResearchTied0/10
8.5/10WinnerDeposits & Withdrawals0/10
10/10WinnerSupport0/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Fortrade and test broker are both established, regulated brokers. Fortrade serves 10,000+ clients worldwide.

Fortrade wins this category
FeatureFortradetest broker
Min. Deposit$1Not available
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 385/20Not available
Founded1992Not available
CountryUKNot available
Clients10,000+Not available

Fees

Fees are a critical factor when choosing between Fortrade and test broker, directly affecting your bottom line as a trader. Overall, Fortrade scores higher on fees in our assessment.

Fortrade wins this category
FeatureFortradetest broker
Min. Deposit$1Not available
Withdrawal FeesNoNot available
Inactivity FeesNoNot available
Deposit FeesYesNot available
CFD FeesYesNot available

Platforms

Fortrade offers a mobile trading app; mobile availability for test broker is limited. Fortrade edges ahead on platform breadth and functionality in our scoring.

Fortrade wins this category
FeatureFortradetest broker
MT4YesNot available
MT5YesNot available
cTraderYesNot available
Windows AppYesNot available
iOS AppYesNot available
Android AppYesNot available
Trading PlatformsMT4, Binary, Tablet & Mobile appsNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and test broker compare. The two brokers are evenly matched on educational content.

Tied
FeatureFortradetest broker
Forex EducationNoNot available
CFD EducationNoNot available
Weekly WebinarsNoNot available
Daily CommentaryNoNot available
Trading CentralNoNot available
AutochartistNoNot available

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Fortrade uniquely supports bank transfer and credit/debit card and PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.

Fortrade wins this category
FeatureFortradetest broker
Bank TransferYesNot available
Credit CardYesNot available
PayPalYesNot available
SkrillNoNot available
NetellerYesNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Fortrade offers live chat; test broker does not, making Fortrade easier to reach in real time. Fortrade offers phone support; test broker does not. Fortrade offers email support; no email support was found for test broker. Fortrade offers multilingual support. Fortrade scores higher overall on customer support in our assessment.

Fortrade wins this category
FeatureFortradetest broker
Live ChatYesNot available
Phone SupportYesNot available
Email SupportYesNot available
LanguagesEnglishNot available