Fondex vs Fortrade

Fondex vs Fortrade Comparison Table 2023
Fondex Fortrade
WINNER
Fondex is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Fondex is an award-winning forex and CFD broker with industry low trading costs. Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features.
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Pros
  • Demo account
  • MetaTrader 4
  • Strong regulatory oversight
Cons
  • Slow deposit process
  • Withdrawal fees
Awards
  • Best Technology Corporate Leadership, 2019
  • Best FX Trading Platform, 2018
  • Best Trade Execution, 2018
  • Best Partner Program, 2017
  • Best Retail Platform, 2017
Instruments
Forex, CFDs, ETFs, indices, shares, energies, metals, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 Lots
Regulator
FSA, CySEC FCA, ASIC, CySEC, NBRB, FSC, IIROC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
Yes No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes Yes
STP Account
Yes No
ECN Account
Yes 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
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes iOS & Android
Auto Trading
Yes - cBots available Yes (EAs)
Copy Trading
Yes No
Copy Trading Platform
Fondex offers a top-rated copy trading solution where beginners can mirror the buy and sell positions of experienced investors.
Social Trading
No No
Trade Signals
Yes 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
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Fondex offers leveraged CFDs on a wide range of popular financial markets. Trade multiple financial assets with flexible leverage
Leverage
1:30 1:30 (varies by entity)
FTSE Spread
1.4 2
GBPUSD Spread<
0.71 2
Oil Spread
6.71 0.04
Stocks Spread
Start from 0.01 Variable
Forex Trading
Fondex offers trading opportunities on 80 currency pairs, including majors. Trade 50+ major and minor forex pairs
Forex App

The Fortrader mobile app can be used to trade 50+ 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
0.71 2
EURUSD Spread
0.28 2
EURGBP Spread
0.7 3
Assets
80+ 50+
Cryptocurrency
Crypto trading not offered Trade four leading crypto coins against the US Dollar
Spread
Variable
Coins
  • BTC
  • DSH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
76.80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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