Item: Fortrade
Rating: 7.7

Broker News

Fortrade's FY22 Revenue Up 14% While Net Profit Down 23% Oct 17, 2023

Despite a significant increase in revenues to £32.3 million, Fortrade's profits declined in FY22.

Q&A Weekly Review - What's Asked This Week? Nov 04, 2022

A Q&A Weekly Review keeps traders informed of the latest regulatory status and trading details of brokers mentioned by our users in a given week.

Retail FX Broker Fortrade Announces Record Revenue in 2020 Nov 29, 2021

Fortrade, a leading provider of online trading solutions for individual and institutional clients, has recorded a revenue of £26.7 million in 2020, showing a great increase compared to 2019's £17.7 million.

Account Type

6.8

Average

Features

Trading Platforms

MT4, Webtrader, Fortrader

Min Deposit

100 USD/ EUR/ GBP

Max Leverage 1 : 100

Min Trade Volume

0.01 Lots

Margin Call Level 50%

Stop Out Level 20%

Commission

0 USD

Spread Type Variable Spread

Account Currencies

GBP, EUR, USD

Trading Instruments

ETFs, Stocks/Equities, CFDs, Indices, Oils, Energies, Precious Metals, Forex/Currencies

Hedging

Scalping

Negative Balance Protection

Islamic

Deposit and Withdrawal

7.8

Good

Features

Company and Service

8.0

Very Good

Features

Profile

Headquarters Address

Michelin House, 81 Fulham Road, London, SW3 6RDS W 3 6 R D, UNITED KINGDOM

Founded 2014

Broker Type

STP, ECN

Time Zone GMT

Credit Profile No information

Trading Platforms

MT4

Windows, iOS, Android, Webtrader

Contact

No Data

Others

Website Language

Arabic, Dutch, English, French, German, Italian, Polish, Portuguese, Russian, Slovenian, Spanish, Swedish

Customer Service By

Phone, Email, Live Chat, Post, Facebook, Twitter, Youtube

Supported Language

Arabic, Dutch, English, French, German, Italian, Polish, Portuguese, Russian, Slovenian, Spanish, Swedish

Related Complaints

Q&A Complaints

Is Fortrade legit?

Aso Karimi

Canada

Sep 03, 2024

ANSWER Dear Investor,Fortrade is a legitimate broker, holding licenses from several financial regulators, including the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).Operating in a regulated environment, Fortrade adheres to stringent regulatory standards that ensure a transparent and fair trading environment. For instance, the FCA requires brokers to hold client funds in segregated accounts and participate in the Financial Services Compensation Scheme (FSCS).However, while Fortrade is legitimate, it may not be suitable for all investors. We recommend gaining a comprehensive understanding of the broker through customer reviews and its trading conditions. Investing inherently carries substantial risks, so using a demo account before risking real money might be a prudent option.

Is EA allowed when trading in Fortrade?

Iqbal

China

Oct 30, 2022

ANSWER Fortrade is owned and operated by Fortrade Limited, a company has subsidies authorized and regulated by multiple regulatory bodies, including:Fortrade Ltd is authorised and regulated in UK by the Financial Conduct Authority (FCA) with FRN: 609970;Fortrade Canada Limited is regulated by the Investment Industry Regulatory Organization of Canada (IIROC);Fort Securities Australia Pty Ltd is licensed and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL: 493520;Fortrade Cyprus Ltd is regulated and supervised by the Cyprus Securities and Exchange Commission (CySEC) with CIF license number 385/20;LLC Fort Securities BLR is authorised and regulated in Belarus by the National Bank of the Republic of Belarus (NBRB) with FRN: 193075810;Fortrade Mauritius Ltd is authorised and regulated by Mauritius Financial Services Commission (Mauritius FSC) with an investment dealer number: GB21026472.As for the question you asked, we recommend that you ask the official customer services directly for a more accurate answer. Fore more details on this broker you can check our full Fortrade review.

Overview

About Fortrade

We're one of the premier providers of products, services and platforms for online CFD trading.

Fortrade Mauritius Ltd. is a provider of online forex and CFD trading solutions. We offer you the possibility to trade on over 50 currency pair CFDs, 300 stock CFDs, and various index CFDs and commodity CFDs. Our goal is to make online trading accessible through user-friendly, technologically advanced platforms.

Why Fortrade?

Clear and Easy to use: Our user-friendly technology is designed to provide powerful trading environment, that is ideal for all types of traders.

Safeguarding of clients' funds: Rest assured that all deposited clients are fully protected in accordance with the strictest rules.

Any Time, Any Where: The Fortrader platform synchronises your Fortrade trading accounts to your phone, PC, and tablet. Trade and track your CFDs wherever you are.

Improving your trading experience: We are providing a trading environment starting with tight spreads, and up to 1:30 leverage (depending on the underlying instrument).

Overall Score

7.7

15 Reviews

Cost 7.5

Platforms 7.7

Deposit & Withdrawal 7.8

Customer Support 8.1

Indicates the average level of Brokers

Keywords for selection

15 Reviews Clear filter

Sort by

Paul Chukwuebuka

0-6 months United States of America

This company is sending me Emails for long time and each and every time that I tried to unsubscribe from their Emails, they did not let me do this because the unsubscribe web page has a button which does not work! I tried on my mobile phone, on my PC, on my laptop, with Chrome, with Firefox but I'm still receiving Emails from them!!! My inbox is full of their Emails!!!!!!!

Aug 23, 2023

Mikeioc

7-12 months United Kingdom

They offer an easy to follow platform for online trader. Take my query on time. Thier demo is perfectly like the real account platform and work the same. High liquidity with no commission. Account manager always directing traders in the perfect side.

Aug 09, 2023

Meldah Dube

0-6 months USD/EUR/GBP Account United States of America

Fortrade is amazing. They have a great platform and some of the reviews can be frustrating, butI hope this is an honest and professional platform, and I hope I have worked at Fortrade earlier.

Jun 10, 2023

danny

0-6 months USD/EUR/GBP Account United States of America

Fortrade is amazing. They have a great platform and some of the reviews can be frustrating, butI hope this is an honest and professional platform, and I hope I have worked at Fortrade earlier.

May 28, 2023

Mohamed ali hasan

1-3 years USD/EUR/GBP Account United States of America

I started trading in 2019, but I left the trading market for almost a year. This year, I am on my trading journey again. I chose Fortrade as my broker, I’m very satisfied with its customer service, and Fortrade is the best.

May 28, 2023

Okta Kurniawan A

1-3 years USD/EUR/GBP Account Greece

You can try to open an account here, I have never seen such a wide variety of trading instruments in one place, but in Fortrade, you can trade commodities, currencies, contracts for difference.... What's more - the platform is very stable and user-friendly. Feed updates by minutes, instant execution, no ads and other information - just transactions, that's great.

May 27, 2023

Uba Clinton Nzubechi

1-3 years USD/EUR/GBP Account Finland

I have been with them since 2018 but I recently decided to leave because the spreads were too high for my strategy. I never had any issues with deposits or withdrawals, this is what I like the broker the most. I wish that they could provide a variety of accounts with different spread options to accommodate all sorts of trading strategies including mine.

May 26, 2023

Dean

0-6 months USD/EUR/GBP Account Germany

From setting up an account to providing funds, everything ran smoothly. The support staff can answer almost any questions and prevent any potential problems.

May 25, 2023

Pavel

0-6 months USD/EUR/GBP Account Croatia

So far so good. Easy platform to use. Comprehensive trading assets listings and acceptable spreads. But I only used demo account.

May 25, 2023

Kian Lloyd

7-12 months USD/EUR/GBP Account Benin

I had a problem with the login of my account on my MetaTrader 4 app on my phone. The customer support helped me solve this problem quickly! Many thanks - everything is working again.

May 24, 2023

1-10 of 15 comments

Fortrade

Broker News

Account Type

Deposit and Withdrawal

Company and Service

Profile

Trading Platforms

Contact

Others