Fortrade vs FXPesa

Fortrade vs FXPesa Comparison Table 2022
Fortrade FXPesa
WINNER
Fortrade is the better broker
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features. FXPesa offers forex and CFD trading from its headquarters in Kenya.
Bonus
30% deposit bonus up to $150
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds Stocks, CFD, Forex
Demo Account
Yes Yes
Minimum Deposit
$100 $5
Payment Methods
Minimum Trade
0.01 Lots No minimum
Regulator
FCA, ASIC, CySEC, NBRB, FSC, IIROC CMA
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No
OmniTrader
No No
TradingView
No
Autochartist
No
eSignal
No
Trading Central
Yes
STP Account
No No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android MT4, FXPesa Trader
Auto Trading
Yes (EAs) Yes (EAs)
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes MT4
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade multiple financial assets with flexible leverage Trade leveraged CFDs on popular financial assets, including indices and commodities.
Leverage
1:30 (varies by entity) 1:400
FTSE Spread
2 From 0.7 pips
GBPUSD Spread<
2 From 0.2 pips
Oil Spread
0.04 From 0.028 pips
Stocks Spread
Variable Not Available
Forex Trading
Trade 50+ major and minor forex pairs FXPesa offers 66 currency pairs, including all majors, plus a selection of minors and exotics.
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
2 From 0.2 pips
EURUSD Spread
2 From 0 pips
EURGBP Spread
3 From 0.2 pips
Assets
50+ 66
Cryptocurrency
Trade four leading crypto coins against the US Dollar Crypto trading not offered
Spread
Variable
Coins
  • BTC
  • DSH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No
Auto Market Maker
No No
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