Fortrade Company

　　

Fortrade Company: A Comprehensive Overview

　　

1. Company Overview

　　

Founding Date and Background

　　Fortrade Company was established in 2013, focusing on providing online trading solutions for forex and contracts for difference (CFDs). Since its inception, it has aimed to create a user-friendly trading environment for both novice and experienced traders.

　　

Parent Company/Ownership Structure

　　Fortrade operates as a private entity, with several licensed subsidiaries located in various jurisdictions, including the UK, Australia, and Cyprus. This multi-entity structure allows Fortrade to comply with different regulatory requirements across regions.

　　

Headquarters Location

　　The company's headquarters is situated in London, United Kingdom, specifically at Michelin House, 81 Fulham Road, SW3 6RD.

　　

Global Business Scope

　　Fortrade has expanded its services to traders in over 110 countries, providing access to a diverse range of financial instruments. The company is particularly focused on European markets but has made its services available globally.

　　

Main Regulatory Bodies

　　Fortrade is regulated by several reputable financial authorities, including:

• Financial Conduct Authority (FCA) in the UK
• Australian Securities and Investments Commission (ASIC)
• Cyprus Securities and Exchange Commission (CySEC)
• National Bank of the Republic of Belarus (NBRB)

　　These regulatory bodies ensure that Fortrade adheres to strict operational standards, enhancing its credibility in the financial market.

　　

2. Company History and Development

　　

Key Milestones

• 2013: Fortrade was founded, marking its entry into the online trading sector.
• 2014: The company launched its proprietary trading platform, enhancing user experience.
• 2018: Fortrade expanded its operations by opening an office in Minsk, Belarus, to cater to the growing demand in Eastern Europe.

　　

Business Expansion Journey

　　Over the years, Fortrade has continually expanded its product offerings and market reach. The company has adapted to changing market conditions and trader needs, ensuring a robust presence in the competitive trading landscape.

　　

Customer Base Growth

　　Fortrade has experienced significant growth in its customer base, attracting both retail and institutional clients. With over 100,000 private traders and thousands of institutional clients, the company has established itself as a trusted broker.

　　

Platform Development History

　　Fortrade has developed multiple trading platforms, including its proprietary "For Trader" platform and the widely recognized MetaTrader 4 (MT4). These platforms offer advanced trading tools, live-streaming price quotes, and various analytical features, catering to different trading styles.

　　

Important Awards or Recognitions Received

　　While specific awards may not be extensively documented, Fortrade's regulatory compliance and customer service have earned it a positive reputation in the trading community. The company's commitment to transparency and user education has also been recognized by industry observers.

　　

3. Trading Services Offered

　　

Forex Trading Options

　　Fortrade provides trading options for over 70 currency pairs, allowing traders to engage in various forex markets. The platform supports major, minor, and exotic pairs, catering to diverse trading strategies.

　　

Stock Trading Options

　　Traders can access over 300 stock CFDs, including shares from prominent companies across Europe and the United States. This extensive stock offering allows users to diversify their trading portfolios effectively.

　　

CFD Trading Products

　　Fortrade specializes in CFD trading, offering a wide range of instruments, including indices, commodities, and cryptocurrencies. This variety enables traders to capitalize on market movements without owning the underlying assets.

　　

Other Financial Instruments

　　In addition to forex and stock CFDs, Fortrade provides access to:

• Cryptocurrencies: Popular digital currencies like Bitcoin and Ethereum.
• Commodities: Trading options for precious metals (gold, silver), energy products (oil, gas), and agricultural commodities.
• ETFs and US Treasuries: A selection of exchange-traded funds and government securities.

　　

Special Services or Unique Advantages

　　Fortrade offers several unique advantages, including:

• A user-friendly trading platform with advanced analytical tools.
• Educational resources, including webinars, e-books, and market analysis.
• A demo account option that allows traders to practice without financial risk.
• Negative balance protection, ensuring that clients do not lose more than their deposited amount.

　　

4. Regulatory and Legal Background

　　

Detailed Regulatory Information

　　Fortrade is regulated by:

• FCA (UK): License number 609970
• ASIC (Australia): License number 493520
• CySEC (Cyprus): License number 385/20
• NBRB (Belarus): License number 193075810

　　

Legal Entity Structure by Region

　　Fortrade operates through multiple legal entities, each regulated by the respective local authority. This structure allows the company to cater to different markets while ensuring compliance with local regulations.

　　

Client Fund Protection Measures

　　Fortrade implements strict client fund protection measures, including:

• Segregation of client funds in reputable banks.
• Adherence to regulatory guidelines for client fund management.
• Negative balance protection to prevent clients from incurring losses beyond their deposits.

　　

Countries/Regions Served

　　Fortrade provides services to traders in over 110 countries worldwide, with a strong focus on European markets. However, it does not accept clients from the United States due to regulatory restrictions.

　　

Compliance History

　　Fortrade has maintained a good compliance record, adhering to the regulations set forth by the authorities. The company's commitment to transparency and customer protection has contributed to its positive standing in the industry.

　　

5. Competitive Landscape

　　

3-5 Main Competitors

　　Fortrade faces competition from several established brokers in the online trading space, including:

• eToro: Known for its social trading features and diverse asset offerings.
• IG Group: A well-established broker with a wide range of trading instruments and educational resources.
• Plus500: Offers a user-friendly platform with a focus on CFD trading.
• XTB: A broker that provides extensive educational materials and a robust trading platform.

　　

Positioning in the Industry

　　Fortrade positions itself as a reliable and user-friendly broker, catering primarily to European and international markets. Its focus on regulatory compliance and customer education distinguishes it from many competitors.

　　

Market Differentiation Factors

　　Fortrade differentiates itself through:

• A single account type that simplifies the trading process for users.
• Comprehensive educational resources to support traders of all levels.
• A proprietary trading platform that offers unique features not found in other brokers.

　　For more information about Fortrade and its offerings, please visit Fortrade's Official Website.

　　This article provides a detailed overview of Fortrade Company, highlighting its services, regulatory background, and competitive landscape. For those considering engaging with Fortrade, understanding these aspects is crucial for making informed trading decisions.