Fortrade
XTB
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Overview
Fortrade was founded in 1992 and is headquartered in UK, while XTB was established in 2002 and is based in Poland. Fortrade holds licences including Financial Conduct Authority (FCA) FRN: 609970, while XTB is regulated by Financial Conduct Authority (FCA) among others. Fortrade serves 10,000+ clients worldwide; XTB has 250,000+. The minimum deposit is $1 at Fortrade and $0 at XTB.
| Feature | Fortrade | XTB |
|---|---|---|
| Min. Deposit | $1 | $0 |
| 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 | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego |
| Founded | 1992 | 2002 |
| Country | UK | Poland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between Fortrade and XTB, directly affecting your bottom line as a trader. XTB has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Fortrade). XTB charges withdrawal fees while Fortrade does not, giving Fortrade an edge for frequent withdrawers. Fortrade charges deposit fees; XTB does not. The two brokers are broadly comparable on fee structure.
| Feature | Fortrade | XTB |
|---|---|---|
| Min. Deposit | $1 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Fortrade offers MT4, MT5, cTrader, while XTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. XTB supports social and copy trading features, which Fortrade does not offer. The two brokers are closely matched on platform offering.
| Feature | Fortrade | XTB |
|---|---|---|
| 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 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Fortrade and XTB compare. XTB runs regular live webinars; Fortrade does not. XTB has a video library; Fortrade does not. XTB publishes daily market commentary; Fortrade does not. XTB integrates third-party research tools (Trading Central, Autochartist); Fortrade does not. XTB maintains an archive of past webinars for on-demand viewing. XTB scores higher overall in education and research.
| Feature | Fortrade | XTB |
|---|---|---|
| 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 XTB supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). XTB uniquely supports Skrill among the two brokers. XTB scores higher on deposit and withdrawal flexibility.
| Feature | Fortrade | XTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Fortrade and XTB offer live chat support. Both provide phone support. Email support is available at both brokers. Fortrade supports 1 language and XTB supports 12, giving XTB broader global reach. Both brokers are comparable on support quality.
| Feature | Fortrade | XTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |