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Fortrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-03-04 10:28

Abstract:Founded in 2013, Fortrade is a regulated mult-asset broker registered in Hong Kong, offering trading in CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries on Fortrader and MT4 trading platforms.

Fortrade Review Summary
Founded2013
Registered Country/RegionHong Kong
RegulationASIC, FCA, CySEC, CIRO, NBRB
Market InstrumentsCFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries
Demo Account✅
Islamic Account✅
LeverageUp to 1:200
EUR/USD SpreadFloating around 2.5 pips
Trading PlatformFortrader, MT4
Min Deposit€/$/£ 100
Payment MethodsMasterCard, Visa, Skrill, Neteler, PayPal
Customer Support24/5 live chat, contact form
Tel: +44 204 571 7564
Email: infomu@fortrade.com, support@fortrade.com
Facebook/Twitter/YouTube
Restricted RegionsThe United States and Belgium

Fortrade Information

  Founded in 2013, Fortrade is a regulated mult-asset broker registered in Hong Kong, offering trading in CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries on Fortrader and MT4 trading platforms.

Fortrade Information

Pros and Cons

Pros Cons
24/5 live chat supportNo 24/7 customer support
Regulated wellClients from the United States and Belgium are not accepted
MT4 availableWide EUR/USD spread
Demo accounts availableNegative comments about the difficulty in withdrawing money
Various tradable instruments
Swap free

Is Fortrade Legit?

  Fortrade currently holds multiple regulatory licenses, including

  • Australia Securities & Investment Commission (ASIC)
  • Financial Conduct Authority (FCA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Canadian Investment Regulatory Organization (CIRO)
  • National Bank of the Republic of Belarus (NBRB)
Regulated CountryRegulated byRegulated EntityLicense TypeLicense No.
ASICFORT SECURITIES AUSTRALIA PTY. LTD.Market Making(MM)000493520
FCAFortrade LimitedMarket Making(MM)609970
CySECFortrade Cyprus LtdMarket Making(MM)385/20
CIROFortrade Canada LimitedMarket Making(MM)Unreleased
NBRBFort Securities BLR Limited Liability CompanyRetail Forex License193075810

  

Regulated by ASIC
Regulated by FCA
Regulated by CySEC
Regulated by CIRO
Regulated by NBRB

What Can I Trade on Fortrade?

  Fortrade offers a wide range of market instruments, including CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries.

Tradable InstrumentsSupported
CFDs✔
Currencies✔
Stocks✔
Indices✔
Precious metals✔
Energy products✔
Agriculture products✔
US treasuries✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

  Fortrade provides demo accounts and Islamic accounts.

  The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

  Islamic users are allowed to open Islamic accounts with no swap fees. Clients following the Muslim faith can open a forex & CFD trading account without any rollover interests on overnight positions swap interests).

Leverage

  The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

  Fortrade cooperates with the authoritative MT4 trading platform and a propriety trading platform - Fortrader, available on the Web, Windows, and Mobile (iOS and Android).

Trading PlatformSupported Available Devices Suitable for
Fortrader✔Web/Mobile (iOS/Android)-
MT4✔Web/Windows/Mobile (Android)Beginners
MT5❌-Experienced traders
Fortrader
MT4

Deposit and Withdrawal

  The minimum deposit is €/$/£ 100. Fortrade accepts Mastercard, Visa, Skrill, Neteller, and PayPal for deposit and withdrawal.

Deposit and Withdrawal

Related broker

Regulated
Fortrade
Company name:Fortrade Limited
Score
8.12
Website:https://www.fortrade.com/
10-15 years | Regulated in Australia | Regulated in United Kingdom | Regulated in Cyprus
Score
8.12

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