Best ForTrade Alternatives for 2023

The most in depth guide to ForTrade Alternatives on the Internet.

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 IC Markets or Roboforex.

When searching for a ForTrade alternative, there are a few things you need to check. The ForTrade trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination 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. Or if you are looking for features that ForTrade does not offer 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 don't worry. We have compiled a list of the best alternatives below.

Top ForTrade Alternative is IC Markets

Rating 3/5 4/5 4/5
💻 Trading Platforms MT4, Binary, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
📋 Instruments Available 100 2250 100
📈 Stocks Offerd 190 2100 0
💎 Cryptocurrency Yes Yes No
💹 Forex Pairs 70 61 35
📈 Commodities 0 20 21
💰 Min Deposit 100 200 1
👱‍♂️ Used By 1,000,000+ users 180,000+ users 1,000,000+ users
📆 Founded 2014 2007 2009
👮‍♂️ 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) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC)
🌍 HQ UK Australia Cyprus
🚫 Excluded Countries US US, IR, CA, NZ, JP US, JP, IR, RU
Risk Warning Your capital is at risk Losses can exceed deposits 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

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ registered users. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 1000000+ registered users. Losses can exceed deposits Roboforex offers Forex, CFDs.
eToro
(4/5)
Min deposit : 50

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. 79% 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. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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 30000000+ registered users. 79% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Social Trading, Stocks, Commodities, Indices, Forex (Currencies), CFDs, Cryptocurrency, Exchange Traded Funds (ETF), Index Based Funds. 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.
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ registered users. Losses can exceed deposits NordFX offers Forex.
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 581000+ registered users. 81% 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.
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ registered users. 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.
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ registered users. Losses can exceed deposits FP Markets offers Forex, CFDs.
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Trading 212 offers Stocks, Forex, Commodities, Indices.

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ForTrade Summary

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ForTrade Tradable Financial Assets

ForTrade Alternatives

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ForTrade Trading Account Features

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ForTrade Risk Management Features

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ForTrade Fees

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ForTrade Regulation

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ForTrade Desktop Computer and Mobile Device Support

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

Top alternative for ForTrade is IC Markets

IC Markets is the best alternative broker to ForTrade. IC Markets has been in operation for over 12 years.

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)

If ForTrade or IC Markets are not what you are looking for try Roboforex.

With ForTrade, Your capital is at risk

With IC Markets, Losses can exceed deposits

With Roboforex, 79% of retail investor accounts lose money when trading CFDs with this provider.

Roboforex, as a brokerage is regulated. This means Roboforex are supervised by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC)

Here are some of the key reasons why traders choose IC Markets and Roboforex over ForTrade

  IC Markets Roboforex eToro
Brokerage Rating (4/5) (4/5) (4/5)
Regulator Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC) FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Min Deposit 200 1 50
Min Trade 0.01 Lot 0.01 Lot $10
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
Risk Warning Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider.
  Visit IC Markets Visit Roboforex Visit eToro

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

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

Best ForTrade Alternatives for 2023


learn more Learn more about IC Markets
Losses can exceed deposits