Fortrade
Trade360
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while Trade360 was established in 2013 and is based in Cyprus. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while Trade360 is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Fortrade serves 10,000+ clients worldwide; Trade360 has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | Fortrade | Trade360 |
|---|---|---|
| Min. Deposit | $1 | $1 |
| 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 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 1992 | 2013 |
| Country | UK | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and Trade360, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Trade360 charges withdrawal fees while Fortrade does not, giving Fortrade an edge for frequent withdrawers. Fortrade charges deposit fees; Trade360 does not. The two brokers are broadly comparable on fee structure.
| Feature | Fortrade | Trade360 |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Fortrade offers MT4, MT5, cTrader, while Trade360 supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Trade360 supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Fortrade | Trade360 |
|---|---|---|
| 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 | Binary, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and Trade360 compare. Trade360 runs regular live webinars; Fortrade does not. Trade360 has a video library; Fortrade does not. Trade360 publishes daily market commentary; Fortrade does not. Trade360 integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. Trade360 maintains an archive of past webinars for on-demand viewing. Trade360 scores higher overall in education and research.
| Feature | Fortrade | Trade360 |
|---|---|---|
| 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 Trade360 supports 2 (bank transfer, credit/debit card). Fortrade uniquely supports PayPal and Neteller among the two brokers. Fortrade scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | Trade360 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Fortrade and Trade360 offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and Trade360 supports 2, giving Trade360 broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | Trade360 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, and Chinese |