Best ForTrade Alternatives for 2021

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 XTB.

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

Rating	★★★☆☆ 3/5	★★★★☆ 4/5	★★★★☆ 4/5
💻 Trading Platforms	MT4, Binary, Tablet & Mobile apps	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
📋 Instruments Available	100	2000	4000
📈 Stocks Offerd	190	2042	1696
💎 Cryptocurrency	Yes	Yes	Yes
💹 Forex Pairs	70	50	57
📈 Commodities	0	31	21
💰 Min Deposit	100	50	0
👱‍♂️ Used By	1,000,000 users	20,000,000 users	250,000 users
📆 Founded	2014	2007	2002
👮‍♂️ 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)	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
🌍 HQ	UK	Cyprus, UK	Poland
🚫 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, US, PY, HN, GT, PR, NI, VG, AN,	US, IN, PK, BD, NG , ID, BE, AU
Risk Warning	Your capital is at risk	67% of retail investor accounts lose money when trading CFDs with this provider.	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.

If you want to see a more indepth feature by feature ForTrade alternative comparison, you can scroll further down here.

ForTrade Alternatives List

eToro

★★★★☆ (4/5)

Min deposit : 50

Visit eToro Read review

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.

eToro was established in 2007 and is used by over 20000000+ traders. 67% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

XTB

★★★★☆ (4/5)

Min deposit : 0

Visit XTB Read review

XTB was established in 2002 and is used by over 250000+ traders. 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Regulated by 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

IC Markets

★★★★☆ (4/5)

Min deposit : 200

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IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

AvaTrade

★★★★☆ (4/5)

Min deposit : 100

Visit AvaTrade Read review

AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)

Roboforex

★★★★☆ (4/5)

Min deposit : 1

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Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Regulated by Cyprus Securities and Exchange Commission (CySEC)

Pepperstone

★★★★☆ (4/5)

Min deposit : 200

Visit Pepperstone Read review

Pepperstone was established in 2010 and is used by over 89000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% 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 Pepperstone offers Forex, CFDs, Social Trading.

Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

XM

★★★★☆ (4/5)

Min deposit : 5

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XM was established in 2009 and is used by over 3500000+ traders. Your capital is at risk XM offers Forex, CFDs.

Regulated by International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

FP Markets

★★★★☆ (4/5)

Min deposit : 100

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FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)

Plus500

★★★★☆ (4/5)

Min deposit : 100

Visit Plus500 Read review

Plus500 was established in 2008 and is used by over 15500+ traders. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.

Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546

FXPrimus

★★★★☆ (4/5)

Min deposit : 100

Visit FXPrimus Read review

FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)

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, 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.

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), 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

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), 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	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit	50	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.	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.	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.