Forex Broker

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 ...

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Basic 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

  1. Financial Conduct Authority (FCA)
    • License Number: 609970
    • Regulatory Details: Fortrade Ltd is regulated by the FCA, ensuring its operations comply with UK financial regulations.
  2. 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.
  3. 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)

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