Coinbase vs Fortrade

Coinbase vs Fortrade Comparison Table 2024
Coinbase	Fortrade
Review 1.4	Review 3.8

Coinbase is a leading cryptocurrency exchange that provides access to 18,000+ crypto assets that can be traded on the marketplace, stored in a wallet or borrowed via the brand's DeFi function. The US-based firm has over 10 million clients and offers educational support to individual traders and tailor-made derivative products for businesses.	Fortrade is a multi-asset, multi-regulated broker with branches regulated by the FCA, CySEC and ASIC among others. The brand offers trading opportunities on a wide range of instruments including stocks, bonds, commodities, forex, indices, cryptocurrencies and ETFs, with competitive fees and support for MetaTrader 4 and a proprietary platform.
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Bonus Offer
£5/$5 in BTC. Terms and Conditions Apply. See Review
Comment by Reviewer
"Coinbase is a good option for dedicated crypto investors who want a vast selection of established and low-market-cap tokens. The platform makes it straightforward for new crypto investors to buy and sell Bitcoin in a few clicks."	"With strong regulatory oversight, helpful educational content and support for the market-leading MetaTrader 4 platform, Fortrade is a good pick for newer traders."
Pros
Powerful purpose-built crypto trading platform with backtesting capabilities Well-regarded crypto exchange with thousands of tokens available One of the most trusted brands in the crypto space Fast execution speeds on the trading software Slick app with excellent customer feedback Margin trading available in some countries You can sign up in three quick steps	Wide range of markets available including cryptos Comprehensive educational resources and content Strong regulation from FCA & CySEC Choice of platforms including MT4 Unlimited time demo account Online CFD trading APK
Cons
Coinbase trades don't take place anonymously Occasional bugs have caused issues on the system Lower safety score vs established crypto brokers	Wider than average spreads on some assets Only one account type available Slow withdrawals
Instruments
Cryptos	Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
No	Yes
Minimum Deposit
$0	$100
Trading Platforms
AlgoTrader	MT4 TradingCentral
Payment Methods
ACH Transfer Apple Pay Credit Card Debit Card Google Wallet iDeal PayPal Sofort Visa Wire Transfer	Credit Card Debit Card Mastercard Neteller PayPal Skrill Visa Wire Transfer
Minimum Trade
0.0001 XBT	0.01 Lots
Regulator
CBoI	FCA, ASIC, CySEC, NBRB, FSC, CIRO
Margin Trading
Yes	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
Yes	iOS & Android
App Review
	The Fortrader mobile app can be used to trade 60+ currency pairs. Clients can also access daily market insights and manage deposits and withdrawals via the application. The forex trading app is available from the Apple App Store and Google Play.
Android App Rating
	4.2
iOS App Rating
	3.5
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
Social Trading
No	No
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$10
Islamic Account
No	Yes
Account Currencies
	USD EUR GBP
Stock Exchanges
	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Toronto Stock Exchange
Commodities
	Copper Corn Cotton Gasoline Gold Natural Gas Oil Palladium Platinum Silver Sugar Wheat
CFD Trading
CFD trading not offered	Fortrade's list of leveraged CFDs covers a wide range of asset classes including forex, stocks, bonds, indices, commodities and cryptocurrencies. Traders can access leverage up to 1:30 and will trade with zero commission, fast execution and low latency on MetaTrader 4 or the bespoke platform.
Leverage
	1:30 (varies by entity)
FTSE Spread
	2
GBPUSD Spread
	2
Oil Spread
	0.04
Stocks Spread
	Variable
Forex Trading
Forex trading not offered	Fortrade offers 60+ currency pairs including a good selection of majors, minors and exotics. Trading takes place via MT4 or Fortrade's proprietary, low-latency terminal, and spreads on the USD/GBP pair average a reasonable 2 pips.
Forex App
	The Fortrader mobile app can be used to trade 60+ currency pairs. Clients can also access daily market insights and manage deposits and withdrawals via the application. The forex trading app is available from the Apple App Store and Google Play.
GBPUSD Spread
	2
EURUSD Spread
	2
EURGBP Spread
	3
Assets
	60+
Cryptocurrency
With some 18,000 digital assets available to trade, Coinbase is one of the leading exchanges in the crypto world with a wider selection of tokens than most alternatives. Traders access crypto markets through a powerful platform and can enjoy margin trading in some jurisdictions. Maker and taker fees are low and there are no hidden account charges.	Fortrade offers CFD trading on the largest cryptos by market cap paired with USD. Crypto CFD availability depends on local regulations and they are not offered in jurisdictions including the UK due to restrictions.
Spread
BTC 0.1%, ETH 0.1%	Variable
Coins
BCH BTC ETH LTC XRP IOTA NEO EOS XMR FIL WBTC SHIB BNB	BTC DSH LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
Yes	No
Auto Market Maker
No	No

Review	Review
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