What ForTrade Does Not Offer and Alternatives For Each
When trading having a broker you can rely on is essential. If ForTrade does not match your requirements we explain the top ForTrade alternatives and ForTrade competitors in this guide. The best alternative for ForTrade is eToro or IC Markets.
When searching for a ForTrade alternative there are a few things you need to check. The ForTrade trading platform alternative that you decide upon needs to offer features and have trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of all of the top ForTrade alternatives and competitors feature by feature further below this ForTrade alternatives guide. If you are looking for a trading platform that offers similar features to ForTrade or ForTrade does not offer something that you require when trading we will show you the best ForTrade alternative options below.
We highlight the pros and cons of each ForTrade alternative. Maybe you are looking for better customer service from a ForTrade alternative, or more competitive ForTrade fees and more financial instruments to trade.
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 does not offer Guaranteed Stop Loss (See ForTrade alternatives who offer Guaranteed Stop Loss here)
- ECN accounts are not offered by ForTrade (Look here for ForTrade alternatives offering ECN accounts)
- 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)
Top ForTrade Alternative is eToro
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| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | MT4, Binary, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac |
| 📋 Instruments Available | 100 | 2000 | 232 |
| 📈 Stocks Offerd | 190 | 2042 | 110 |
| 💎 Cryptocurrency | Yes | Yes | Yes |
| 💹 Forex Pairs | 70 | 50 | 65 |
| 📈 Commodities | 0 | 31 | 19 |
| 💰 Min Deposit | 100 | 10 | 200 |
| 👱♂️ Used By | 1,000,000 users | 27,000,000 users | 180,000 users |
| 📆 Founded | 2014 | 2007 | 2007 |
| 👮♂️ Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Investment Industry Regulatory Organization of Canada (IIROC), National Bank of the Republic of Belarus (NBRB) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) |
| 🌍 HQ | UK | Cyprus, UK | Australia |
| 🚫 Excluded Countries | US | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA |
| Risk Warning | Your capital is at risk | 68% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits |
If you want to see a more indepth feature by feature ForTrade alternative comparison, you can scroll further down here.
ForTrade Alternatives List
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
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
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 IC Markets.
With ForTrade, Your capital is at risk
With eToro, Losses can exceed deposits
With IC Markets, 74% 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.
IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Here are some of the key reasons why traders choose eToro and IC Markets over ForTrade
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eToro
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IC Markets
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XTB
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| Brokerage Rating | |||
| Regulator | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | 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), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa |
| Min Deposit | 10 | 200 | 0 |
| Min Trade | $25 | 0.01 Lot | 0.01 Lot |
| Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
| Risk Warning | 68% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 74% 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. |
| Visit eToro | Visit IC Markets | Visit XTB |
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.
