nextmarkets vs Fortrade

nextmarkets vs Fortrade Comparison Table 2023
nextmarkets Fortrade
WINNER
nextmarkets is the better broker
United States Flag Traders from US accepted
United States Flag Traders from US not accepted
nextmarkets is a German stock and CFD broker with more than 800 instruments available for web and mobile-based trading. Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features.
Pros
  • Demo account
  • MetaTrader 4
  • Strong regulatory oversight
Cons
  • Slow deposit process
  • Withdrawal fees
Instruments
Stocks, CFD, Forex, Crypto, ETFs Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
$1 0.01 Lots
Regulator
MFSA FCA, ASIC, CySEC, NBRB, FSC, IIROC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (EAs)
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
No Yes
Account Currencies
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
nextmarkets clients can trade CFDs in a wide range of markets, including stocks, crypto, indices, forex, commodities and ETFs. Trade multiple financial assets with flexible leverage
Leverage
1:30 1:30 (varies by entity)
FTSE Spread
1 2
GBPUSD Spread<
1 2
Oil Spread
N/A 0.04
Stocks Spread
Variable Variable
Forex Trading
nextmarkets offers more than 20 currency pairs, including major, minor and exotic pairs, available as spot and CFD instruments on Gettex. Trade 50+ major and minor forex pairs
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
1 2
EURUSD Spread
0.6 2
EURGBP Spread
0.8 3
Assets
21 50+
Cryptocurrency
nextmarkets supports crypto trading using CFDs in a range of popular tokens against the US dollar. Trade four leading crypto coins against the US Dollar
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • DOGE
  • 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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