Fortrade broker Accounts

Fortrade Account Type

　　Fortrade offers a single live trading account type, with an option for an Islamic, swap-free account available upon request. The minimum deposit required to open an account is $100 USD. This account provides access to a wide range of trading instruments, including over 50 currency pairs, 300 stock CFDs, and various indices and commodities. The overall rating for Fortrade is 4.7/5, making it a well-regarded choice among forex brokers. Notably, the account features low trading fees, and account activation typically takes 24 hours.

Fortrade Broker Account Opening Process

　　To open a Fortrade account, follow these simple steps:

• Visit the Fortrade Website: Go to the official Fortrade site at Fortrade.
• Click on "Open Account": Locate and click the "Open Account" button at the top right corner of the homepage.
• Fill Out the Registration Form: Provide personal information including your name, email address, and phone number.
• Verify Your Identity: Submit proof of identification (e.g., passport or drivers license) and proof of address (e.g., utility bill or bank statement) to comply with regulations.
• Fund Your Account: Once your account is approved, make a minimum deposit of $100 USD to start trading.
• Start Trading: After funding your account, you can begin trading a variety of financial instruments using the Fortrade platform.

　　For those interested in Islamic accounts, a minimum balance of $2000 USD is required for the swap-free option. Additionally, Fortrade offers a free demo account with €10,000 in virtual funds for practice without risk.