PrimeXBT vs Fortrade

PrimeXBT vs Fortrade Comparison Table 2023
PrimeXBT Fortrade
WINNER
PrimeXBT is the better broker
4.2
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

PrimeXBT is a Bitcoin-based platform offering highly leveraged trading in FX, indices, commodities, & cryptocurrencies. Copy trading and crypto staking also available.

Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features.

Pros
  • Low minimum deposit
  • Copy trading
  • Demo account
  • MetaTrader 4
  • Strong regulatory oversight
Cons
  • No demo account
  • No MT4 integration
  • No regulatory oversight
  • Slow deposit process
  • Withdrawal fees
Awards
  • Best Crypto Trading App
  • Best Platform For Margin Trading
Promotions

Enter PrimeXBT Virtual Contests To Win Real Prizes

Instruments
CFDs, Cryptos, Forex, Indices, Commodities Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds
Demo Account
No Yes
Minimum Deposit
0.001 BTC $100
Payment Methods
Minimum Trade
0.01 contract 0.01 Lots
Regulator
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
No No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes (EAs)
Copy Trading
Yes No
Copy Trading Platform
PrimeXBT offers an excellent Covesting module where traders can follow the strategies of other users with free and paid-for signals.
Social Trading
Yes No
Trade Signals
No Yes
VPS Hosting
No No
Tournaments
Yes 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
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
Trade leveraged CFDs with low fees and fast execution speeds. Trade multiple financial assets with flexible leverage
Leverage
1:200 1:30 (varies by entity)
FTSE Spread
Variable 2
GBPUSD Spread<
Variable 2
Oil Spread
Variable 0.04
Stocks Spread
Variable Variable
Forex Trading
Trade on close to 20 currency pairs, including crypto pairs. 'Covest' and follow experienced traders. 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
Variable 2
EURUSD Spread
Variable 2
EURGBP Spread
Variable 3
Assets
18 50+
Cryptocurrency
Trade on popular cryptocurrency coins with an award winning trading platform. Leverage up to 1:200 subject to regulation. Trade four leading crypto coins against the US Dollar
Spread
0.05% BTC, 0.05% ETH Variable
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • EOS
  • ADA
  • DOT
  • SOL
  • UNI
  • LINK
  • DOGE
  • BNB
  • ICP
  • SAND
  • BTC
  • DSH
  • LTC
  • ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
Yes No
Auto Market Maker
No No
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