TeraFX vs Fortrade

TeraFX vs Fortrade Comparison Table 2022
TeraFX Fortrade
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. Fortrade is a multi-asset broker offering a simple live account with advanced tools.
Bonus
None None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs, bonds
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Neteller, Skrill, Visa Bitcoin Payments, MoneyGram, Neteller, PayPal, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA FCA, ASIC, CySEC, NBRB, IIROC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
Yes 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
Robo Advisor
- No
Negative Balance Protection
- No
Market Maker
- No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
- Yes
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No No
Copy Trading
No No
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP
CFD
Trade CFDs with leverage across multiple asset classes. Trade CFDs with up to 1:30 leverage in multiple markets.
Leverage
1:30 Retail, 1:200 Professional 1:30
FTSE Spread
Floating 2
GBPUSD Spread
Floating 2
Oil Spread
Floating 0.04
Stocks Spread
N/A Variable
Forex
Trade 50+ forex pairs with 1:30 leverage. Trade a breadth of forex pairs with up to 1:30 leverage.
GBPUSD Spread
Floating 2
EURUSD Spread
Floating 2
EURGBP Spread
Floating 3
Assets
59 60+
Cryptocurrency
Crypto trading not offered Trade four leading crypto coins against the US Dollar.
Spread
Trade top crypto pairs on MT4. Variable
Coins
BTC, ETH, LTC, XRP BTC, DSH, LTC, ETH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- -
Auto Market Maker
No No
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