Best ForTrade Alternatives for 2021

What ForTrade Does Not Offer and Alternatives For Each

There are many reasons ForTrade may not be a good fit for your trading needs. For whatever reason you are looking for a better ForTrade alternative or ForTrade competitor with similar services. We try to give you as much useful information so you can find what it is you need. We show the best ForTrade alternatives below.

For each of these ForTrade alternatives, we also highlight the key differences and resemblances with ForTrade. For every ForTrade alternative trading platform we list we also have detailed trading platform reviews and guides elsewhere on this website, all based on real experiences trading on live ForTrade and other brokerage accounts. If you are not happy with ForTrade, let us show you some great alternative brokerages.

Having a reputable and dependable broker is crucial to your trading success. All of the alternative brokers we list below have good reputations and match what you are looking for.

We have listed some reasons why ForTrade may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

fortrade alternatives
ForTrade Summary

• ForTrade is used by over 1,000,000 users (Look here for ForTrade alternatives that are used by more traders)
• ForTrade has a minimum deposit of $100 (Look here for ForTrade alternatives that require less minimum deposit)
• ForTrade has a minimum trade requirement of (Look here for ForTrade alternatives that require a lower minimum trade)
• ForTrade has a maximum deposit of (Look here for ForTrade alternatives that has a similar or greater maximum trade limit)
• ForTrade has 1 awards (Look here for ForTrade alternatives with more awards)

fortrade alternatives
ForTrade Tradable Financial Assets

• ForTrade offers traders over 100 tradable instruments (Look here for ForTrade alternatives offering a similar amount or more tradable instruments)
• ForTrade offers over 190 shares (Look here for ForTrade alternatives offering more tradable shares)
• ForTrade does not offer US Shares (Look here for ForTrade alternatives offering US Stocks and Shares)
• ForTrade does not offer UK Shares (Look here for ForTrade alternatives offering UK Stocks and shares)
• ForTrade does not offer German Shares (Look here for ForTrade alternatives offering German Stocks and shares)
• ForTrade does not offer Japanese Shares (Look here for ForTrade alternatives offering Japanese Stocks and shares)
• ForTrade does not offer Indices trading (Look here for ForTrade alternatives offering Indices trading)
• ForTrade offers 0 commodities (Look here for ForTrade alternatives offering more tradable commodities)
• ForTrade does not offer trading in metals (Look here for ForTrade alternatives offering metal commodities)
• ForTrade does not offer trading in energy commodities (Look here for ForTrade alternatives offering energy commodities)
• ForTrade does not offer trading in agricultural commodities (Look here for ForTrade alternatives offering agricultural commodities)
• ForTrade offers trading on the Forex markets (Look here for ForTrade alternatives offering Forex trading)
• ForTrade offers 70 Forex Pairs (Look here for ForTrade alternatives offering a similar amount or more Forex Pairs)
• ForTrade offers trading with Major Forex Pairs (Look here for ForTrade alternatives offering Major Forex Pairs trading)
• ForTrade offers trading with Minor Forex Pairs (Look here for ForTrade alternatives offering Minor Forex Pairs trading)
• ForTrade offers trading with Exotic Forex Pairs (Look here for ForTrade alternatives offering Exotic Forex Pairs trading)
• ForTrade offers trading in Cryptocurrencies (Look here for ForTrade alternatives offering cryptocurrency trading)
• ForTrade offer CFD trading (Look here for ForTrade alternatives offering CFD trading)
• ForTrade does not offer Social Trading (Look here for ForTrade alternatives offering Social Trading accounts)

fortrade alternatives
ForTrade Trading Account Features

• ECN accounts are not offered by ForTrade (Look here for ForTrade alternatives offering ECN accounts)
• STP accounts are offered by ForTrade (Look here for ForTrade alternatives offering STP accounts)
• ForTrade offers MT4 (See ForTrade alternatives offering the MT4 trading platform here)
• MT5 is not offered by ForTrade (find ForTrade alternatives that offer the MT5 trading platform here)
• cTrader is not offered by ForTrade (find ForTrade alternatives offering the cTrader trading platform here)
• ForTrade does not offer Micro accounts (Check here for ForTrade alternatives offering micro accounts)
• ForTrade does not offer VIP accounts (Check here for ForTrade alternatives offering VIP accounts)
• ForTrade does offer Islamic accounts (Check here for ForTrade alternatives offering Islamic accounts)
• ForTrade does offer Demo accounts (Check here for ForTrade alternatives offering Demo accounts)
• ForTrade does offer Spread Betting accounts (Search for Spread Betting brokers here)
• ForTrade does allow Scalping (See brokers for scalping here)

fortrade alternatives
ForTrade Risk Management Features

• ForTrade does allow hedging (See brokers for Hedging here)
• ForTrade does offer negative balance protection (See ForTrade alternatives who offer negative balance protection here)
• ForTrade does not offer Guaranteed Stop Loss (See ForTrade alternatives who offer Guaranteed Stop Loss here)
• ForTrade does offer limit orders (See ForTrade alternatives who offer limit orders here)
• ForTrade does offer trailing stops (See ForTrade alternatives who offer trailing stops here)
• ForTrade does not offer price alerts (See ForTrade alternatives who offer price alerts here)

fortrade alternatives
ForTrade Fees

• ForTrade does not have inactivity fees (See ForTrade alternatives who don’t have inactivity fees here)
• ForTrade does not have withdrawal fees (See ForTrade alternatives who don’t have withdrawal fees here)
• ForTrade does not have deposit fees (See ForTrade alternatives who don’t have deposit fees here)

fortrade alternatives
ForTrade Regulation

• ForTrade are regulated by the FCA (Financial Conduct Authority) (Look here for ForTrade alternatives offering FCA regulated brokers)
• ForTrade are regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for ForTrade alternatives offering CySEC regulated brokers)
• ForTrade are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for ForTrade alternatives offering MiFID regulated brokers)
• ForTrade are not regulated by the ASIC (Australian Securities and Investments Commission) (Look here for ForTrade alternatives offering ASIC regulated brokers)
• ForTrade are not regulated by the FSCA (Financial Sector Conduct Authority) (Look here for ForTrade alternatives offering FSCA regulated brokers)
• ForTrade are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for ForTrade alternatives offering DFSA regulated brokers)
• ForTrade are not regulated by the MAS (Monetary Authority of Singapore) (Look here for ForTrade alternatives offering MAS regulated brokers)
• ForTrade are not regulated by the FSA (Financial Services Authority) (Look here for ForTrade alternatives offering FSA regulated brokers)

fortrade alternatives
ForTrade Desktop Computer and Mobile Device Support

• ForTrade Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See ForTrade alternatives that offer an online trading platform here)
• ForTrade does not offer a bespoke application for Microsoft Windows Desktop computers (See ForTrade alternatives that support desktop Windows users here)
• ForTrade does not offer a bespoke application for Apple Mac Desktop computers (See ForTrade alternatives that support desktop Apple Mac users here)
• ForTrade does offer a bespoke application for mobile devices (See ForTrade alternatives that support mobile device users here)
• ForTrade does offer a bespoke application for IOS Devices (See ForTrade alternatives for IOS users here)
• ForTrade does not offer a bespoke application for Android Devices (See ForTrade alternatives for Android users here)
• ForTrade does offer live chat support (See ForTrade alternatives that offer live chat support here)

Below is an extensive list of the best alternatives to ForTrade based on our unique 256 point criteria.

Top alternative for ForTrade is eToro

Top Pick 1 4/5 rating

eToro is the best alternative broker to ForTrade. eToro has been in operation for over 14 years.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

If ForTrade or eToro are not what you are looking for try XTB.

With ForTrade, Your capital is at risk

With eToro, 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

With XTB, Losses can exceed deposits

Top Pick 2 4/5 rating

XTB, as a brokerage is regulated. This means XTB are supervised by and checked for conduct by the Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)

Here are some of the key reasons why traders choose eToro and XTB over ForTrade

	eToro	XTB	IC Markets
Brokerage Rating	★★★★☆ (4/5)	★★★★☆ (4/5)	★★★★☆ (4/5)
Regulator	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit	200	0	200
Min Trade	$25	0.01 Lot	0.01 Lot
Platforms	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Risk Warning	67% of retail investor accounts lose money when trading CFDs with this provider.	77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	Losses can exceed deposits
	Visit eToro	Visit XTB	Visit IC Markets

If you want to read more about eToro, we have put together an in-depth eToro review that explores their platform, spreads, and trading conditions in more detail.

If eToro does not match your criteria, have a look at the 10 best ForTrade alternatives below.