Fortrade
Uniglobe Markets
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while Uniglobe Markets was established in 2008 and is based in Marshall Islands. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while Uniglobe Markets is regulated by Unregulated among others. Fortrade serves 10,000+ clients worldwide; Uniglobe Markets has 10,000+. The minimum deposit is $1 at Fortrade and $10 at Uniglobe Markets.
| Feature | Fortrade | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $1 | $10 |
| 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 | Unregulated |
| Founded | 1992 | 2008 |
| Country | UK | Marshall Islands |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and Uniglobe Markets, directly affecting your bottom line as a trader. Fortrade has a lower barrier to entry with a minimum deposit of $1 (vs $10 at Uniglobe Markets). Neither broker charges withdrawal fees. Fortrade charges deposit fees; Uniglobe Markets does not. The two brokers are broadly comparable on fee structure.
| Feature | Fortrade | Uniglobe Markets |
|---|---|---|
| Min. Deposit | $1 | $10 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Fortrade offers MT4, MT5, cTrader, while Uniglobe Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. The two brokers are closely matched on platform offering.
| Feature | Fortrade | Uniglobe Markets |
|---|---|---|
| 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 | Windows ├é┬¼├ó╦åÔÇÿ MacOS X. Multiple Terminal. Android. IOS. |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and Uniglobe Markets compare. The two brokers are evenly matched on educational content.
| Feature | Fortrade | Uniglobe Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | No | No |
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 Uniglobe Markets 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 | Uniglobe Markets |
|---|---|---|
| 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 Uniglobe Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and Uniglobe Markets supports 2, giving Uniglobe Markets broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | Uniglobe Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, and Chinese |