Fortrade Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.fortrade.com/create-user/, the company's legitimate regulatory information AustraliaASICMarket Making(MM),United KingdomFCAMarket Making(MM),CyprusCYSECMarket Making(MM),CanadaCIROMarket Making(MM), to enhance the security of the company's address Michelin House 81 Fulham Road London SW3 6RD UNITED KINGDOM.
Fortrade Forex Broker
Basic information
Hong Kong
10-15 years Regulated in Australia Regulated in United Kingdom Regulated in Cyprus Regulated in Canada Regulated in Belarus Market Making(MM) Retail Forex License MT4 Full License Global Business High potential riskCompany profile
Fortrade Information
Founded in 2013, Fortrade is a regulated mult-asset broker registered in Hong Kong, offering trading in CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries on Fortrader and MT4 trading platforms.
Pros and Cons
| Pros | Cons |
| 24/5 live chat support | No 24/7 customer support |
| Regulated well | Clients from the United States and Belgium are not accepted |
| MT4 available | Wide EUR/USD spread |
| Demo accounts available | Negative comments about the difficulty in withdrawing money |
| Various tradable instruments | |
| Swap free |
Is Fortrade Legit?
Fortrade currently holds multiple regulatory licenses, including
- Australia Securities & Investment Commission (ASIC)
- Financial Conduct Authority (FCA)
- Cyprus Securities and Exchange Commission (CySEC)
- Canadian Investment Regulatory Organization (CIRO)
- National Bank of the Republic of Belarus (NBRB)
| Regulated Country | Regulated by | Regulated Entity | License Type | License No. |
| ASIC | FORT SECURITIES AUSTRALIA PTY. LTD. | Market Making(MM) | 000493520 | |
| FCA | Fortrade Limited | Market Making(MM) | 609970 | |
| CySEC | Fortrade Cyprus Ltd | Market Making(MM) | 385/20 | |
| CIRO | Fortrade Canada Limited | Market Making(MM) | Unreleased | |
| NBRB | Fort Securities BLR Limited Liability Company | Retail Forex License | 193075810 |
What Can I Trade on Fortrade?
Fortrade offers a wide range of market instruments, including CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries.
| Tradable Instruments | Supported |
| CFDs | ✔ |
| Currencies | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Precious metals | ✔ |
| Energy products | ✔ |
| Agriculture products | ✔ |
| US treasuries | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
Fortrade provides demo accounts and Islamic accounts.
The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
Islamic users are allowed to open Islamic accounts with no swap fees. Clients following the Muslim faith can open a forex & CFD trading account without any rollover interests on overnight positions swap interests).
Leverage
The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Trading Platform
Fortrade cooperates with the authoritative MT4 trading platform and a propriety trading platform - Fortrader, available on the Web, Windows, and Mobile (iOS and Android).
| Trading Platform | Supported | Available Devices | Suitable for |
| Fortrader | ✔ | Web/Mobile (iOS/Android) | - |
| MT4 | ✔ | Web/Windows/Mobile (Android) | Beginners |
| MT5 | ❌ | - | Experienced traders |
Deposit and Withdrawal
The minimum deposit is €/$/£ 100. Fortrade accepts Mastercard, Visa, Skrill, Neteller, and PayPal for deposit and withdrawal.
Rating Index
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Latest Reviews
FX1217728940
Australia
Honestly, Fortrade’s MT4 trading platform is amazing! My trading journey here goes well due to its quick order execution and powerful charting tools, as well as EA trading.
Positive
2023-02-21
迈特总部 直招
Hong Kong
Honestly, Fortrade’s MT4 trading platform is amazing! My trading journey here goes well due to its quick order execution and powerful charting tools, as well as EA trading.
Positive
2023-02-20
Huikn
Belarus
The swap fee itself was not the problem but the way Fortrade did it was unacceptable for me. I got less than 24hrs notice that I will be charged, with full positions opened, there no way I could clear it and have to accept it. Online help was not helpful at all, just blamed it on the preprograming something. To be FAIR to traders, they they should give everyone long enough notice (15 days or so) before any policy change so that we could have enough time to change our strategy and trades.
Neutral
2024-04-19