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Score
Hong Kong
Regulated in Australia
Market Making(MM)
MT4 Full License
Global Business
High potential risk
Influence
Add brokers
Comparison
Quantity 5
Exposure
Score
Regulatory Index9.39
Business Index8.12
Risk Management Index0.00
Software Index9.83
License Index9.37
Single Core
1G
40G
Danger
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Company Name
Fortrade Limited
Company Abbreviation
Fortrade
Platform registered country and region
Hong Kong
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
Fortrade Review Summary | |
Founded | 2013 |
Registered Country/Region | Hong Kong |
Regulation | ASIC, FCA, CySEC, CIRO, NBRB |
Market Instruments | CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries |
Demo Account | ✅ |
Islamic Account | ✅ |
Leverage | Up to 1:200 |
EUR/USD Spread | Floating around 2.5 pips |
Trading Platform | Fortrader, MT4 |
Min Deposit | €/$/£ 100 |
Payment Methods | MasterCard, Visa, Skrill, Neteler, PayPal |
Customer Support | 24/5 live chat, contact form |
Tel: +44 204 571 7564 | |
Email: infomu@fortrade.com, support@fortrade.com | |
Facebook/Twitter/YouTube | |
Restricted Regions | The United States and Belgium |
Founded in 2013, Fortrade is a regulated mult-asset broker registered in Hong Kong, offering trading in CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries on Fortrader and MT4 trading platforms.
Pros | Cons |
24/5 live chat support | No 24/7 customer support |
Regulated well | Clients from the United States and Belgium are not accepted |
MT4 available | Wide EUR/USD spread |
Demo accounts available | Negative comments about the difficulty in withdrawing money |
Various tradable instruments | |
Swap free |
Fortrade currently holds multiple regulatory licenses, including
Regulated Country | Regulated by | Regulated Entity | License Type | License No. |
![]() | ASIC | FORT SECURITIES AUSTRALIA PTY. LTD. | Market Making(MM) | 000493520 |
![]() | FCA | Fortrade Limited | Market Making(MM) | 609970 |
![]() | CySEC | Fortrade Cyprus Ltd | Market Making(MM) | 385/20 |
![]() | CIRO | Fortrade Canada Limited | Market Making(MM) | Unreleased |
![]() | NBRB | Fort Securities BLR Limited Liability Company | Retail Forex License | 193075810 |
Fortrade offers a wide range of market instruments, including CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries.
Tradable Instruments | Supported |
CFDs | ✔ |
Currencies | ✔ |
Stocks | ✔ |
Indices | ✔ |
Precious metals | ✔ |
Energy products | ✔ |
Agriculture products | ✔ |
US treasuries | ✔ |
Cryptocurrencies | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Fortrade provides demo accounts and Islamic accounts.
The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.
Islamic users are allowed to open Islamic accounts with no swap fees. Clients following the Muslim faith can open a forex & CFD trading account without any rollover interests on overnight positions swap interests).
The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.
Fortrade cooperates with the authoritative MT4 trading platform and a propriety trading platform - Fortrader, available on the Web, Windows, and Mobile (iOS and Android).
Trading Platform | Supported | Available Devices | Suitable for |
Fortrader | ✔ | Web/Mobile (iOS/Android) | - |
MT4 | ✔ | Web/Windows/Mobile (Android) | Beginners |
MT5 | ❌ | - | Experienced traders |
The minimum deposit is €/$/£ 100. Fortrade accepts Mastercard, Visa, Skrill, Neteller, and PayPal for deposit and withdrawal.
Fortrade, a London-based retail broker, has recently faced significant regulatory changes in the Belarusian financial market, causing ripples in its operations and raising questions about its authorization status.
CySEC, the Cypriot financial market regulator, maintains its war on noncompliance, announcing enforcement action against two more regulated entities on Tuesday, Ayers Alliance Financial Group Limited and BrokerCreditService (Cyprus) Limited.
The two signed an 18-month partnership deal.
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