Fortrade vs Gemini
| Fortrade | Gemini |
|---|---|
3.8
|
3.8
|
|
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. |
Gemini is a cryptocurrency exchange set up in 2014 by the Winklevoss brothers, known for their early involvement in Facebook. The exchange is among the world’s 20 largest and most popular. Gemini clients can trade and stake 110+ cryptocurrencies, with derivatives trading available in some jurisdictions, an advanced proprietary platform and additional features including an NFT marketplace. |
| Comment by Reviewer | |
| "With strong regulatory oversight, helpful educational content and support for the market-leading MetaTrader 4 platform, Fortrade is a good pick for newer traders." | "Gemini’s ActiveTrader platform and TradingView integration make it a good choice for serious crypto traders seeking a reliable charting environment, though we were disappointed by some unnecessary fees and previous security breaches." |
| Pros | |
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| Cons | |
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| Awards | |
|
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| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds | Cryptos |
| Demo Account | |
| Yes | No |
| Minimum Deposit | |
| $100 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.00001 BTC |
| Regulator | |
| FCA, ASIC, CySEC, NBRB, FSC, CIRO | NYDFS, MAS, FCA |
| Margin Trading | |
| Yes | No |
| 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 | No |
| Mobile Apps | |
| iOS & Android | 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 | |
| $10 | |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| 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. | CFD trading not offered |
| Leverage | |
| 1:30 (varies by entity) | |
| FTSE Spread | |
| 2 | |
| GBPUSD Spread | |
| 2 | |
| Oil Spread | |
| 0.04 | |
| Stocks Spread | |
| Variable | |
| Forex Trading | |
| 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 trading not offered |
| 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 | |
| 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. | Gemini offers a relatively small range of 110+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin, as well as perpetual swap derivatives. The powerful ActiveTrader platform is optimized for online trading, delivering a wide range of technical indicators and up to 7 time frames. |
| Spread | |
| Variable | Transaction fee from $0.99 |
| Coins | |
|
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| Crypto Lending | |
| No | Yes |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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Fortrade vs |
Gemini vs |