Fortrade
Fortrade is an international forex broker offering online CFD trading across multiple asset classes. It provides a user-friendly platform suitable for beginners, with ...
Tags:Forex BrokerBasic Information
Full Company Name: Fortrade Ltd
Country: United Kingdom
Founded: 2013
Minimum Deposit: $100
Trading Platforms: MetaTrader 4 (MT4), Fortrader Web Trader, Fortrader Mobile App
Minimum Trade Size: 0.01 lots
Business Model: Market Maker (MM)
Deposit Methods: Supports multiple funding options, including credit cards, debit cards, bank wire transfers, and e-wallets (such as Skrill, Neteller)
Server Time Zone: GMT+1 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +44 203 695 3750
Headquarters Address: Michelin House, 81 Fulham Road, London, SW3 6RD, United Kingdom
Regulatory Information
- Financial Conduct Authority (FCA)
- License Number: 609970
- Regulatory Details: Fortrade Ltd is regulated by the FCA, ensuring its operations comply with UK financial regulations.
- Australian Securities and Investments Commission (ASIC)
- License Number: 491139
- Regulatory Details: Fortrade’s Australian entity, Fort Securities Australia Pty Ltd, is regulated by ASIC, ensuring its operations in the Australian market are legal and compliant.
- National Bank of the Republic of Belarus (NBRB)
- License Number: 193075810
- Regulatory Details: Fortrade’s Belarusian entity is regulated by the NBRB, ensuring its operations in Belarus comply with local financial regulations.
Account Types
| Account Type | Standard Account | Islamic Account | Demo Account |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | $0 |
| Spreads | From 2.0 pips | From 2.0 pips | From 2.0 pips (simulated) |
| Commission | None | None | None (simulated) |
| Tradable Instruments | Forex, Metals, Energies, Indices, Stocks, ETFs, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, ETFs, Cryptocurrencies | Forex, Metals, Energies, Indices, Stocks, ETFs, Cryptocurrencies (simulated) |
| Trading Platforms | MT4, Fortrader Web Trader, Fortrader Mobile App | MT4, Fortrader Web Trader, Fortrader Mobile App | MT4, Fortrader Web Trader, Fortrader Mobile App |
| Leverage | Up to 1:30 (retail clients), up to 1:200 (professional clients) | Up to 1:30 (retail clients), up to 1:200 (professional clients) | Up to 1:30 (simulated) |
| Order Execution | Market Execution | Market Execution | Market Execution (simulated) |
| Swap-Free Option | Not Available | Available | Not Applicable |
| Hedging Margin | 50% | 50% | 50% (simulated) |
| Margin Call Level | 50% | 50% | 50% (simulated) |
| Stop-Out Level | 20% | 20% | 20% (simulated) |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots (simulated) |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots (simulated) |
| Maximum Number of Positions | No limit | No limit | No limit (simulated) |
