ForexTB vs Fortrade

ForexTB vs Fortrade Comparison Table 2023
ForexTB	Fortrade
Review 3.6	Review 3.8
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
ForexTB is a CySEC-regulated multi-asset broker offering CFDs on more than 300 instruments through an intuitive web-based platform or MetaTrader 4. Competitive spreads are available to top-tier account holders with zero commissions. This broker also offers some attractive extra features including daily trading signals and comprehensive educational content.	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.
Comment by Reviewer
"ForexTB is best for CFD traders with larger amounts of capital who can access the VIP account and more competitive pricing."	"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
Full range of investments including stocks, indices, forex, cryptos, commodities and ETFs CFD trading tips, webinars and glossary Daily signals and financial news Automated trading supported Rich education centre Free demo account MT4 trading platform Trading Central	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
Withdrawal fees on some methods Limited customer support hours Fairly wide spreads on some assets Lack of copy trading $20 inactivity fee	Wider than average spreads on some assets Only one account type available Slow withdrawals
Instruments
Forex, ETFs, CFDs, Indices, Shares, Commodities, Cryptocurrencies	Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
Yes	Yes
Minimum Deposit
$250	$100
Trading Platforms
MT4 TradingCentral	MT4 TradingCentral
Payment Methods
Credit Card Debit Card Giropay iDeal Mastercard Neteller PayPal Skrill Sofort Venmo Visa Wire Transfer	Credit Card Debit Card Mastercard Neteller PayPal Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC	FCA, ASIC, CySEC, NBRB, FSC, CIRO
Margin Trading
Yes	Yes
STP Account
Yes	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
Yes	Yes
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	No
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
$20	$10
Islamic Account
No	Yes
Account Currencies
USD EUR GBP JPY RUB	USD EUR GBP
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group Nasdaq	Australian Securities Exchange 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
Aluminium Cocoa Coffee Copper Corn Cotton Gasoline Gold Livestock Natural Gas Oil Palladium Silver Soybeans Sugar Wheat Zinc	Copper Corn Cotton Gasoline Gold Natural Gas Oil Palladium Platinum Silver Sugar Wheat
CFD Trading
ForexTB CFDs are available on forex, commodities, indices, stocks, ETFs and cryptocurrencies, covering 300+ markets in total. The leverage available varies by instrument to a maximum of 1:30 as per EU regulations. Spreads are variable, with no raw spread account available.	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 (Retail), 1:400 (Professional)	1:30 (varies by entity)
FTSE Spread
$0.02	2
GBPUSD Spread
1.8 pips	2
Oil Spread
$0.08	0.04
Stocks Spread
Variable	Variable
Forex Trading
ForexTB offers CFDs on 50 forex pairs, most of which are crosses with USD, EUR, GBP or AUD. Spreads are wide for basic account holders, who are offered 3 pips on EUR/USD, but the top VIP members are offered the more competitive 1.6 pips on the same pair. All accounts are commission free, with no raw spread option.	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
From 2.0	2
EURUSD Spread
From 1.6	2
EURGBP Spread
From 1.8	3
Assets
50	60+
Cryptocurrency
ForexTB traders can dip into cryptocurrency markets with around 25 crypto CFDs, paired with USD, EUR and GBP. The tokens available include Bitcoin, Ethereum, Dash, and Litecoin. This is not the widest range of cryptos, but the chance to trade with 1:3 or 1:5 leverage may attract traders.	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
Floating	Variable
Coins
BTC ETH LTC XRP XMR DSH BCH ADA DOGE XLM DOT BNB	BTC DSH LTC ETH
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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