Fortrade

Written by How we review

Fortrade is a well-regarded forex and CFD broker offering a user-friendly trading platform, broad market access, and educational resources under regulatory oversight in multiple regions. It provides clear disclosures, straightforward account setup, and customer support for retail and professional clients.
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Key facts

8/10
Our rating
#80
Trust rank
2013
Founded
5
Licences
229
Countries accepted
HeadquartersUnited Kingdom
Broker typeMarket Maker
RegulationASIC; CIRO; CySEC; FCA; NBRB
PlatformsMT4, Proprietary
InstrumentsCommodities, Forex, Indices, Metals
Fee levelMedium

Updated

Pros

  • • FCA-regulated (UK)
  • • Segregated client funds
  • • MT4 and proprietary Fortrader platform
  • • Negative balance protection (retail)
  • • Commission-free, spread-only pricing

    • Cons

  • • Higher spreads than low-cost brokers
  • • No MetaTrader 5 (MT5) platform
  • • No ECN/STP or DMA accounts
  • • No built-in copy/social trading
  • • Inactivity fee on dormant accounts

    • Key Features

  • • Forex and multi asset CFD trading
  • • Fortrader proprietary platform and MetaTrader 4
  • • Multi jurisdiction regulation segregated client funds and negative balance protection
  • • Spread only pricing with variable spreads
  • • Advanced charting risk management tools and trading calculators
  • • Comprehensive education webinars and market research

    • Similar Brokers

    Where This Broker Ranks

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    Fortrade operates under licenses in certain regions. You should confirm the current status before you open an account. Find the legal entity name on the broker's site. Then check that name on the public register of the stated regulator. Make sure addresses and contacts match. Ask support for links if needed. Protections can differ by region and entity. Check how your money is held and what dispute options exist. Keep screenshots and copies of terms. This is general information only.

    Fortrade offers trading in forex and CFDs on major markets. Depending on your country, you may see currencies, indices, commodities, shares, and some digital assets. What you can access can change. Each product has its own hours, contract size, pricing model, and risks. Review the product list and the key information documents on the broker's site. Use a demo to learn how orders work before you trade live. This is educational and not advice.

    Your total cost can include spread, any commission, overnight financing, conversion charges, and fees for deposits, withdrawals, or inactivity. Costs vary by instrument, market conditions, account setup, and payment method. Read the fee schedule and terms on the broker's site. Check how financing is calculated and when it applies. Confirm if third parties may charge extra. Use the platform to view live costs before placing orders. Track your statements so you can reconcile charges. This is general information only.

    You can use Fortrade's web and mobile platform. You get charts, drawing tools, indicators, watchlists, price alerts, and common order types such as market, limit, and stop. You can set stop-loss and take-profit to manage risk on each trade. Reports show balances, margin, and history. Platform features can vary by region and account. Try a demo first to test speed, layout, and order flow on your device and network. This is not a recommendation.

    You can fund and withdraw by bank transfer, card, or approved online payment services, depending on your region. The account name should match your payment name. Withdrawals usually return to the original source where possible. Processing time depends on method and checks. Payment providers or banks may charge fees. The broker may ask for identity and address documents before releasing funds. Read the funding policy and contact support if you need status updates. Keep records of requests and confirmations.

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