July 06, 2020

Top Forex Brokers

Fortrade Broker Review

Latest Updated facts about Fortrade 

Reviewed broker: ForTrade

Established in 2011

Location: UK

USA traders: no

Regulation: Financial Conduct Authority (FCA)

Trading instruments: forex, commodity, index, stock CFDs

Why Fortrade?

  • Clear and Simple Trading
  • Secure, Trusted, Reliable
  • Bulls and Bears, Any Time, Any Where
  • Maximum Potential, Minimum Effort
  • From Long to Short in the Blink of an Eye

Fortrade Review : Trading Platform Features

Trading platform: Fortrader (desktop, web, mobile)

MetaTrader 4 MT4 platform: no. Fortrade claims full synchronization with Metatrader 4 platform but doesn't allow the direct trading with it.

Currency pairs: 51

Security of clients funds: segregated accounts

Demo account: yes and here is no time limit to your practice account. An initial virtual funds of €10,000 is automatically deposited into your practice account trading account

Account base currency: EUR, USD

Account types: standard

Minimum trade size: 0.01 lot

Fixed spreads: yes

Spreads: starting from 3 pips

Commission fee: no

Maximum leverage: up to 1:200

Risk Management: Take Profit, Stop Loss

Fortrade Review : Payment methods within the broker

Payment options: wire transfer, credit cards, Skrill, Neteller

First deposit requirement: $500

Withdrawal claims: Withdrawals made by Bank Wire Transfer usually take up to 5 business days to reach your account.Withdrawals to credit/debit cards can sometimes take up to 15 business days. Onlin payments should be within 1 business day after approval.

Fortrade Review : Customer Service

Online chat: available

Email support: yes

Phone representatives: yes

Fortrade Review : Educational Material and Promotions

Education: Forex Trading Webinars, ebooks, Beginner's trading course, Advanced Forex courses, trading videos, Top Day Trading  strategies, assistance with terminology

Promotions: 30% welcome Bonus offer for new clients on sign up and first deposit

Fortrade Review : How was the rating of Fortrade performed compared to other brokers? 

This 2020 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Fortrade FX broker performance and features. 

Overall our online Fortrade review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Fortrade or you find inaccurate details Fortrade broker review please get in touch with us and the changes will be applied.