Fortrade Review 2026

Item: Fortrade
Rating: 6.71
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 05, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $100
Fees 8 /10
Account types 5.4 /10
Regulation 10 /10

6.7 /10

Moderate risk

Fortrade User Reviews 5.9
Commissions and Fees 8.0
Regulation and Safety 10.0
Account Types 5.4
Deposit and Withdrawal 6.5
Markets and Tradable Assets 7.0
Trading Account Opening 9.0
Trading platforms & tools 4.1
Mobile Apps 6.6
Customer Support 5.4

Fortrade Pros & Cons

Negative balance protection for all retail clients;
Wide choice of trading instruments with leverage;
Proprietary platform and classic MetaTrader 4 are available;
Presence on the market since 2014 and regulation by reputable financial supervisory commissions;
Professional market reviews, including analytics from Trading Central;
Partnership programs for traders, bloggers, companies, and institutional clients;
No deposit or withdrawal fees.

High trading fees, including those for the most liquid currency pairs;
No trust management services;
The Fortrader trading platform runs with delays and freezes occasionally.

TU Expert Verdict

Fortrade demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

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Fortrade User Reviews

Score:

5.9 /10

129 total

5-star

10%
4-star

29%
3-star

23%
2-star

22%
1-star

16%

I traded with Fortrade for about three months — I wanted to explore the opportunities for trading U.S. indices and stocks. I’ll note that the broker offers negative balance protection and professional analytics from Trading Central. However, I occasionally experienced lags on the Fortrader platform, especially during major news releases. On the positive side, there’s a demo account and an affiliate program for bloggers and businesses.

Fortrade is one of the brokers operating since 2004 and regulated by several authorities, including the FCA (UK) and CySEC (Cyprus). The trading platforms available are their proprietary Fortrader and MetaTrader 4. I noticed that there are no extra fees for withdrawals, but bank transfers can take up to 7 days, and the minimum amount for such withdrawals is $250. A fairly wide range of assets is available for trading, but there is no trust management service.

Fortrade offers spreads from 0.1 pips on major pairs and fixed commissions on some CFD contracts. The minimum lot size is 0.01. I liked the availability of a mobile app and 24/7 support. Among the drawbacks are the lack of PAMM accounts and trading fees that are not the lowest compared to other brokers in the Traders Union ranking. Leverage is up to 1:30 for clients under FCA regulation and up to 1:200 for others.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of Fortrade have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No deposit fee
No withdrawal fee

Inactivity fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Fortrade with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Fortrade’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Fortrade Standard spreads
	Fortrade	OANDA	FOREX.com
EUR/USD min, pips	1.0	0.1	0.7
EUR/USD max, pips	2.0	0.5	1.2
GPB/USD min, pips	1.0	0.1	0.9
GPB/USD max, pips	2.5	0.5	1.4

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Fortrade RAW/ECN spreads
	Fortrade	OANDA	FOREX.com
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	2.5	3.5	5
EUR/USD avg spread	0.1	0.15	0.2
GBP/USD avg spread	0.3	0.2	0.4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Fortrade. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Fortrade Non-Trading Fees
	Fortrade	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15	0
Inactivity fee ($, per month)	10	0	15

Is Fortrade Safe?

Score:

10 /10

Fortrade has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 22 years

Strict requirements and extensive documentation to open an account

Fortrade Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
CySec	Full Name Cyprus Securities and Exchange Commission	Country of regulation Cyprus	Investor Protection Fund Up to €20,000	Regulation Level Tier-1
ASIC	Full Name Australian Securities and Investments Commission	Country of regulation Australia	Investor Protection Fund No specific fund but has stringent consumer protection	Regulation Level Tier-1
CIRO	Full Name Investment Industry Regulatory Organization of Canada	Country of regulation Canada	Investor Protection Fund CAD 1,000,000	Regulation Level Tier-1
FSC (Mauritius)	Full Name Financial Services Commission of Mauritius	Country of regulation Mauritius	Investor Protection Fund No specific fund	Regulation Level Tier-3

Fortrade Security Factors
Foundation date	2004
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

5.4 /10

Fortrade offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Tight spread ECN account
Swap Free (Islamic) account
Low minimum deposit

No Cent account
No VIP account option

Fortrade account types vs top competitors
	Fortrade	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	No	No	No
Swap Free	Yes	No	Yes
VIP	No	No	No
Managed	No	No	No

Fortrade accounts trading conditions

If traders are not Muslims, they can use two account types — demo and live STP (Straight Through Processing). For Islamic countries, Fortrade offers the Swap Free (Islamic) account.

Account types:

Account Type	Description
Forex & CFD trading	This account type can be used for both active and copy trading on MT4. Leverage is up to 1:200 and the order size is from 0.01 lot.
Swap Free (Islamic)	This account type has similar leverage and order size, but there are higher spreads or additional fees for certain instruments.

A demo account on Fortrader has a virtual deposit of €10,000 and is not limited in time. A demo account on MT4 is available for 30 days.

Fortrade’s trading conditions vary subject to the regulator, financial instrument, and client residency.

Deposit and Withdrawal

Score:

6.5 /10

Fortrade received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Fortrade provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Bank wire transfers available
Low minimum withdrawal requirement
Minimum deposit below industry average
Bank card deposits and withdrawals

Wise not supported
PayPal not supported
BTC not available as a base account currency

What are Fortrade deposit and withdrawal options?

Fortrade provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC.

Fortrade Deposit and Withdrawal Methods vs Competitors
	Fortrade	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	No	No

What are Fortrade base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Fortrade supports the following base account currencies: USD, EUR, GBP, TYR.

What are Fortrade's minimum deposit and withdrawal amounts?

The minimum deposit on Fortrade is $100, while the minimum withdrawal amount is $0. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Fortrade’s support team.

Markets and Tradable Assets

Score:

7 /10

Fortrade offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 60 Forex pairs.

ETFs investing
Passive income with bonds
Indices trading

Crypto trading not available
Limited asset selection

Supported markets vs top competitors

We have compared the range of assets and markets supported by Fortrade with its competitors, making it easier for you to find the perfect fit.

	Fortrade	Trading.com	Plus500
Currency pairs	60	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	300	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	No	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products Fortrade offers for beginner traders and investors who prefer not to engage in active trading.

	Fortrade	Trading.com	Plus500
Bonds	Yes	No	No
ETFs	Yes	No	Yes
Copy trading	No	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with Fortrade in 15 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Fortrade is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process
Fast registration time (up to 15 minutes)

Account approval may require extra time depending on the documentation.

Fortrade account opening
	Fortrade	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	15	20	5
KYC time (days)	2	2	3

Is Fortrade available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

Only Fortrade clients can access user accounts with the broker. To become its client, do the following:

To quickly open demo or real account types, click the “Open Account” button to choose the necessary account type from the drop-down list.
The registration process includes three stages. The first stage requires your first and last names, phone number, and email. At the second stage, provide your residence address with a postal code. At the final stage, provide the data on your citizenship, choose the account currency, generate a password, and indicate your employment and income. Next, upload documents confirming your identity and residence address.
Use the Fortrade’s user account to:
- Deposit funds to a verified account.
- Trade on the Fortrade in-house platform.

Additional features of the user account that allow you to:

Use economic calendar;
Open additional trading accounts;
Submit withdrawal requests;
View statistics on open, closed, and pending orders;
View the history of monetary transactions;
Contact technical support;
Set up alerts.

Trading platforms & tools

Score:

4.1 /10

Fortrade received a score of 4.1/10, indicating a limited selection of trading platforms and tools. This reflects the absence of advanced platform options or a lack of additional features that could enhance the overall trading experience.

MetaTrader is available
Multiple funding options

No access to Free VPS
No access to cTrader and its advanced tools.

Supported trading platforms

Fortrade supports the following trading platforms: MT4, WebTrader. This selection covers the basic needs of most retail traders. We also compared Fortrade’s platform availability with that of top competitors to assess its relative market position.

	Fortrade	Trading.com	Plus500
MT4	Yes	No	No
MT5	No	Yes	No
cTrader	No	No	No
TradingView	No	Yes	Yes
Proprietary platform	No	Yes	Yes
NinjaTrader	No	No	No
WebTrader	Yes	Yes	Yes

Key Fortrade’s trading platform features

We also evaluated whether Fortrade offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	Yes
Alerts	Yes
Trading bots (EAs)	No
One-click trading	No
Scalping	Yes
Supported indicators	30
Tradable assets	300

Additional trading tools

Fortrade offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

Fortrade trading tools vs competitors
	Fortrade	Trading.com	Plus500
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	No	Yes	No
API	No	No	No
Free VPS	No	No	No
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	No	No	No
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	No	No	No

Mobile Apps

Score:

6.6 /10

Fortrade supports mobile trading, offering dedicated apps for both iOS and Android. Fortrade received a score of 6.6/10 in this section, indicating a generally acceptable mobile trading experience.

Mobile alerts supported
Indicators supported

Mobile 2FA not supported
Weak user feedback on iOS

We compared Fortrade with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	Fortrade	Trading.com	Plus500
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	500,000	50,000	10,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	3.5	4.8	4.7
Google Play score	3.6	4.7	4.4
Mob. 2FA	No	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

5.4 /10

Customer support at Fortrade is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. Fortrade provides basic support functionality but does not stand out in overall service performance.

Information

Technical support is available round the clock from Monday to Friday.

Live chat is available on the website
Traders can ask for assistance in their languages

Support isn’t available on holidays and weekends
Only Fortrade clients can get high-quality responses

When clients or website guests need help, they can use any of these communication channels:

Live chat on the website or on the trading platform;
Telephone (numbers are provided on the website);
Facebook or X (formerly Twitter).

The broker’s website has a feedback form to contact support. Users can receive answers by email or telephone.

Contacts
Foundation date	2004
Registration address	Fortrade Cyprus Ltd, office 302, Abbey Tower, Block A, 34, Kosta Partasides Street, 3030 Limassol, Cyprus
Regulation	FCA, ASIC, CySEC, FSC (Mauritius), CIRO Licence number: 609970, ABN: 33 614 683 831 \| AFSL: 493520, 385/20, GB21026472, BC1148613.
Official site	https://www.fortrade.com/
Contacts	support@fortrade.com +44 203 966 4505

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Fortrade Video Guides

FAQs

How safe is Fortrade in terms of regulation and investor protection?

Fortrade has a safety score of 10/10 and is regulated by several Tier-1 authorities, including the FCA (UK), CySEC (Cyprus), ASIC (Australia), and CIRO (Canada), as well as the Tier-3 FSC in Mauritius. Investor compensation schemes vary by regulator, with coverage such as up to £85,000 in the UK, up to €20,000 in Cyprus, and CAD 1,000,000 in Canada, and the broker also applies negative balance protection and KYC verification.

What types of trading accounts does Fortrade offer and what are their main features?

Fortrade provides Demo, Standard, ECN/Raw spread, and Swap Free (Islamic) accounts, but does not offer Cent, Micro, VIP, or managed accounts. Non-Muslim clients can use demo and live STP accounts, while Islamic clients have access to a Swap Free account with similar leverage and order size but potentially higher spreads or additional fees on some instruments.

What do user reviews say about Fortrade’s overall service quality?

Fortrade has a user satisfaction score of 5.9/10 based on 129 reviews, with a distribution that includes 10% 5-star, 29% 4-star, 23% 3-star, 22% 2-star, and 16% 1-star ratings. According to user reviews, this mix of positive and negative ratings indicates an overall mixed perception of the broker’s services.

Which markets and tradable assets are available with Fortrade?

Fortrade supports 300 tradable assets in total, including 60 currency pairs, as well as stocks, commodity futures, stock indices, bonds, and ETFs. The broker does not offer crypto trading, options, copy trading, PAMM investing, or managed accounts, which limits some investment and passive income options.

What trading platforms and tools does Fortrade provide, according to user feedback and expert comments?

Fortrade offers MT4 and a WebTrader platform, along with features such as 2FA, alerts, support for 30 indicators, and the ability to trade 300 assets, but it does not support MT5, cTrader, TradingView, or a proprietary platform. The broker’s tools are relatively basic, with no trading bots (EAs), API, free VPS, or third-party analytics tools like Trading Central or Autochartist, and it has a platform and tools score of 4.05/10.