Fortrade vs Wealthsimple

Fortrade vs Wealthsimple Comparison Table 2022
Fortrade Wealthsimple
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 tools. Wealthsimple offers managed investment portfolios to Canadian residents. Clients can build a trading solution based on their financial goals and risk tolerance. Buy and sell stocks, ETFs, and cryptocurrencies. 2 million+ accounts have already been opened.
Awards
Best Financial Services Website - Webby Awards
Top 100 Global Financial Technology Companies - Fintech 100
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds Stocks, ETFs, Cryptocurrencies
Demo Account
Yes No
Minimum Deposit
$100 $1
Payment Methods
Minimum Trade
0.01 lots $1
Regulator
FCA, ASIC, CySEC, NBRB, IIROC IIROC
Margin Trading
No No
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
Yes No
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 No
AI / Machine Learning
No No
Robo Advisor
No Yes
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes iOS & Android
Auto Trading
Yes (EAs) Yes via robo advisor
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 Yes
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • CAD
Stock Exchanges
CFD Trading
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 Trading
Trade a breadth of forex pairs with up to 1:30 leverage. Forex trading not offered
GBPUSD Spread
2
EURUSD Spread
2
EURGBP Spread
3
Assets
60+
Cryptocurrency
Trade four leading crypto coins against the US Dollar. Buy and sell 50+ crypto tokens including Bitcoin, Ethereum and Dogecoin
Spread
Variable 1.5 – 2% operational fee
Coins
  • BTC
  • DSH
  • LTC
  • ETH
  • ZRX
  • 1INCH
  • AAVE
  • APE
  • AMP
  • ANKR
  • AVAX
  • AXS
  • BAL
  • BNT
  • BAND
  • BAT
  • BTC
  • BCH
  • ADA
  • CTSI
  • CELO
  • LINK
  • CHZ
  • CHR
  • COMP
  • ATOM
  • COTI
  • CRV
  • DAI
  • MANA
  • DOGE
  • DYDX
  • ENJ
  • ETH
  • FTM
  • FIL
  • GALA
  • GRT
  • KNC
  • LTC
  • LRC
  • LUNC
  • MKR
  • PAXG
  • DOT
  • MATIC
  • QNT
  • REN
  • SAND
  • SHIB
  • SKL
  • SOL
  • XLM
  • STORJ
  • SUSHI
  • SNX
  • XTZ
  • UMA
  • UNI
  • USDC
  • YFI
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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