Latest Updated General Information Fortrade Broker
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
Trading Platform Features of ForTrade
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
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.
Customer Service
Online chat: available
Email support: yes
Phone representatives: yes
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
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.
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