Fortrade Review 2026
Established in 2013
•
United Kingdom
• FCA Regulated
Fortrade offers forex and CFD trading services with a 3.7/5 rating. Regulated by FCA (highest protection tier), this broker offers spreads from 2.8 pips on EUR/USD with a minimum deposit of $100. Trade 300+ instruments including forex, CFDs, and more.
📊 Fortrade Overview
Fortrade (Fortrade Ltd) is a well-established broker founded in 2013 headquartered in London, United Kingdom. The broker operates under the supervision of FCA , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 300+ tradable instruments including 60 forex pairs , 15 cryptocurrencies , 150 stocks , Fortrade caters to diverse trading strategies.
| Legal Name | Fortrade Ltd |
|---|---|
| Founded | 2013 |
| Headquarters |
London, United Kingdom
|
| Primary Regulation | FCA (Tier 1 - Highest Protection) |
| Instruments | 300+ assets |
| Min Deposit | $100 |
| Max Leverage | 1:200 |
📖 Fortrade — In-Depth Introduction
Operating since 2013, Fortrade has developed a solid reputation over its 13-year history. The FCA license held by Fortrade represents the gold standard in forex regulation. Traders can operate with confidence knowing their funds are protected by one of the world's most respected financial authorities. With a $100 minimum deposit requirement, Fortrade removes barriers to entry for new traders.
Company Background
Fortrade (legally Fortrade Ltd) has been operating in the financial services industry for 13 years. Headquartered in London, United Kingdom, the broker has established a solid track record through various market conditions.
The broker provides access to 300+ tradable instruments.
💸 Fortrade Fees — Complete Cost Analysis
Trading costs at Fortrade are above the industry average, with EUR/USD spreads of 2.8 pips. Cost-sensitive traders should factor this into their decision. There are no commission fees on Fortrade's standard accounts. All trading costs are embedded in the spread, making it straightforward to calculate your expenses. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $140 in spread costs per day with Fortrade. Over a month (22 trading days), that's $3080.
Trading Costs Breakdown
💡 Cost Calculator: Fortrade
Non-Trading Fees
| Fee Type | Fortrade | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Fortrade Safe? — Complete Security Analysis
Fortrade's 72/100 safety rating indicates acceptable risk levels. Key protections are in place, though some areas could be improved. Client funds at Fortrade are held in segregated accounts at top-tier banks, completely separate from the company's operational funds. This means even in the unlikely event of broker insolvency, your money remains protected and inaccessible to creditors.
Regulatory Framework
Fortrade is regulated by FCA.
Security Features Checklist
Understanding the Trust Score
Our 72/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Fortrade?
✅ Best For
- Beginners will appreciate Fortrade's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Muslim traders can benefit from Fortrade's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
❌ May Not Suit
- If rock-bottom trading costs are your priority, Fortrade's 2.8 pip spreads may not represent the best value. More cost-competitive alternatives exist.
Looking for alternatives?
📝 The Bottom Line on Fortrade
Fortrade is a decent option worth considering with a 3.7/5 rating.
📈 Fortrade Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Fortrade performed in our rigorous testing:
Fortrade is a decent choice but has areas that could be improved.
💰 Fortrade Fees & Spreads
Understanding trading costs is crucial for profitability. Fortrade uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 2.8 pips .
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 2.0 | 2.8 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Fortrade:
- Spread Cost: 2.8 pips × $10/pip = $28.0
- Commission: $0
- Total Cost: $28.0 per lot
🛡️ Fortrade Regulation & Safety
Fortrade is regulated by FCA, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- FCA 609970
- ASIC 493520
- CySEC 385/20
- IIROC
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 72/100
Moderate Trust: Fortrade meets industry standards for safety and regulation.
🖥️ Fortrade Trading Platforms
Fortrade offers 2 trading platforms, giving traders flexibility in how they access the markets.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
Fortrader
Fortrade's custom-built trading platform designed specifically for their clients.
- ✓ Custom Features
- ✓ Integrated Tools
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader | Fortrader |
|---|---|---|---|---|
| Available | ✓ | ✗ | ✗ | ✓ |
| Copy Trading | ✗ | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✗ | ✗ | ✗ |
| VPS Available | Not offered | |||
| API Access | Not available | |||
🌐 Fortrade Tradable Instruments
Fortrade offers access to 300+ tradable instruments across multiple asset classes. This includes 60 forex pairs , 15 cryptocurrencies , and 150 global stocks.
👤 Fortrade Account Types
Fortrade offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Not available
💳 Fortrade Deposits & Withdrawals
Fortrade requires a minimum deposit of $100 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Fortrade Pros & Cons
✅ Pros
- Top-tier FCA regulation ensures high safety standards
- Free demo account available for practice
- Low minimum deposit of just $100 makes it accessible
- Negative balance protection for retail traders
- Swap-free Islamic accounts available
❌ Cons
- Spreads above industry average at 2.8 pips
- No copy trading feature
- Limited educational resources for advanced traders
📚 Fortrade Education & Research
Fortrade's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Fortrade Customer Support
Fortrade offers customer support to assist traders with their queries.
⭐ Fortrade User Reviews
📝 User reviews will be displayed here. Share your experience with Fortrade!
Write a Review🏆 Fortrade — Our Verdict
Fortrade is a decent broker with some limitations. With FCA regulation, 2.8 pips EUR/USD spreads, and a $100 minimum deposit, this broker is particularly accessible for beginners .
Best for: Safety-focused traders , Beginners with limited capital
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Fortrade — Frequently Asked Questions
Is Fortrade a safe and regulated broker?
Yes, Fortrade is regulated by FCA, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 3 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Fortrade?
The minimum deposit at Fortrade is $100. This is considered low and accessible for beginners.
What trading platforms does Fortrade offer?
Fortrade offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- Fortrader — Custom-built trading solution
What are Fortrade's spreads on EUR/USD?
Fortrade offers EUR/USD spreads from 2.0 pips with an average of 2.8 pips. The broker uses Variable spreads.
How long do withdrawals take at Fortrade?
Withdrawal processing times at Fortrade depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Fortrade offer a demo account?
Yes, Fortrade offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Fortrade's maximum leverage?
Fortrade offers maximum leverage of 1:200. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:200 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Fortrade in ?
Fortrade accepts traders from . The broker operates under FCA regulation. Always verify current availability and applicable regulations on the broker's website.
Does Fortrade offer Islamic (swap-free) accounts?
Yes, Fortrade offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact Fortrade's support to request an Islamic account.
What instruments can I trade with Fortrade?
Fortrade offers access to 300+ tradable instruments:
- 60 Forex currency pairs
- 15 Cryptocurrencies
- 150 Stock CFDs
