Fortrade is an online foreign exchange market trading service provider, established in 2013, and currently has a full license from the Australian Securities and Investments Commission, a full license from the UK Financial Conduct Authority, and a full license from the Cyprus Securities and Exchange Commission. Full license from the Canadian Investment Industry Regulatory Organization, and a retail foreign exchange license from the National Bank of Belarus.
Fortrade, a foreign exchange dealer, provides investors with financial trading tools including more than 300 foreign currencies, stock indices, securities, oil, and precious metal CFD products.
The trading leverage of foreign exchange products is as high as 1:200, and the leverage of stock index products is 1:20, 1:25, 1:50. Leverage is 1:10 for EU securities trading and up to 1:50 for CFDs on agricultural futures. The leverage is 1:100 for gold and silver and 1:33 for corn, cotton and soybeans.
The average spread on EURUSD is 2 pips, the average spread on USDGBP is 3 pips, and the average spread on EURGBP is 3 pips.
Index product spread: The average spread of Canada 60 is 1 point, the average spread of 2000 in the United States is 0.6, and the average spread of 500 in the United States is 0.6. Gold has an average spread of $0.45 and silver has an average spread of $0.04.
Fortrade provides users with market-leading and powerful MT4 trading platforms, including mobile MT4, web MT4 and desktop MT4.
The deposit method supports wire transfer, bank transfer, Skrill, NETELLER, etc. The minimum deposit amount is 500 USD/EUR/franc. The funds deposited by wire transfer will reach the user's account within seven working days. It takes up to 5 working days for users to withdraw funds through bank wire transfer, and sometimes it may take up to 15 working days for funds to arrive through credit/debit card withdrawals.