Fortrade vs IIFL

Fortrade vs IIFL Comparison Table 2022
Fortrade IIFL
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Fortrade is a multi-asset broker offering a simple live account with advanced tools. IIFL is one of the top Indian brokers offering competitive Demat accounts with low fees.
Bonus
None Gift vouchers worth up to ₹5000
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds Stocks, Futures, Options, Forex
Demo Account
Yes No
Minimum Deposit
$100 1000 Rs
Payment Methods
Bitcoin Payments, MoneyGram, Neteller, PayPal, Skrill, Visa Cheque, Wire Transfer
Minimum Trade
0.01 lots
Regulator
FCA, ASIC, CySEC, NBRB, IIROC SEBI
Margin Trading
No Yes
MetaTrader 4
Yes No
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
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes IIFL Markets & IIFL Mutual Funds
Auto Trading
Yes (EAs) -
Trade Signals
Yes -
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes No
Account Currencies
USD, EUR, GBP INR
Stock Exchanges
- Bombay Stock Exchange, National Stock Exchange Of India
CFD
Trade CFDs with up to 1:30 leverage in multiple markets. CFD trading not offered
Leverage
1:30
FTSE Spread
2
GBPUSD Spread
2
Oil Spread
0.04
Stocks Spread
Variable
Forex
Trade a breadth of forex pairs with up to 1:30 leverage. IIFL offers forex trading on a range of pairs with the Indian Rupee (INR).
GBPUSD Spread
2 Not offered
EURUSD Spread
2 Not offered
EURGBP Spread
3 Not offered
Assets
60+ 20+
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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