ForTrade Rated 3/5

ForTrade Guide - Read our In Depth 2024 ForTrade Review

This detailed ForTrade review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex, CFDs.
*This content does not apply to US users.

Learn more about ForTrade.

Benefits of Trading with ForTrade

ForTrade Review 2024 Quick Summary
💰 Min Deposit 100
👱‍♂️ Used By 1,000,000 ForTrade users and traders
📆 Founded 2014
🌍 HQ UK
👮‍♂️ 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)
🚫 Excluded Countries ForTrade is not available in the following countries : US

Open ForTrade's Website

Your capital is at risk

Learn more about IC Markets.
learn more Learn more about IC Markets.
Losses can exceed deposits

What is ForTrade?

ForTrade are a worldwide financial trading platform and broker. founded in 2014

Over 10 years later ForTrade now serves over 1,000,000 retail investors Forex trading, and CFDs trading.

ForTrade are a global broker. ForTrade have a head office in UK.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this ForTrade review and assess how well the ForTrade platform functions in its role as an international multi asset trading platform for traders in 2024.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like ForTrade. Choosing or shortlisting a trading platform like ForTrade can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like ForTrade.

As a result, selecting the right trading platform like ForTrade requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like ForTrade available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like ForTrade requires thorough due diligence and careful consideration. Some ForTrade trading features can be complex when trading on mobile or using the ForTrade online trading platform. Beginners and inexperienced traders must take the time to learn how to use the ForTrade trading tools properly. In our review of ForTrade we explain the pros and cons. What ForTrade offer, countries ForTrade are available in. Who ForTrade are regulated by and more.

ForTrade Review Screenshot

When it comes to online trading with brokers like ForTrade, carefully review ForTrade as your broker can make or break your success. Choosing the right broker is essential to ensure your ForTrade investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your ForTrade review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of ForTrade. You must also ensure the ForTrade broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, ForTrade needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with ForTrade into easily digestible information in this ForTrade review. We want to ensure you have all the knowledge necessary to use the ForTrade trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with ForTrade are the key to successful trading, so we've provided this detailed ForTrade review. So, take a seat, grab a cup of coffee, and dive in to learn about ForTrade and how it can benefit you or if ForTrade is not for you.

Online investing with ForTrade can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with ForTrade, evaluating the ForTrade platform is important. Evaluation includes researching the ForTrade management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with ForTrade. That's why it's essential to understand the ForTrade company policies and practices before making any investment decisions. By doing your due diligence and understanding ForTrade platform, you can make informed investment choices that align with your financial goals. So take the time to research ForTrade thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this ForTrade review you need to determine if ForTrade is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to ForTrade, so you can make a more informed decision and compare other brokers against ForTrade.

If you want to look at some ForTrade alternatives that might better fit your needs, we list and compare some of the best ForTrade alternatives further down this ForTrade review.

Trading online with ForTrade requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the ForTrade trading tools and features. You must know what you are doing when trading with ForTrade. That's why we've compiled this detailed ForTrade review with some important information that will hopefully make you more informed when online trading with ForTrade.

ForTrade Review Table of Contents

ForTrade review
ForTrade is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about ForTrade. ForTrade is a multi asset platform with 100+ tradable Assets. Assets available on ForTrade include Forex, CFDs.

ForTrade trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs are considered financial assets.

Features of ForTrade

ForTrade review
What you should know

ForTrade offer two ways to trade: Forex, CFDs. The assets and products available to you on the ForTrade trading platform depends on the region of the world, you are in and the ForTrade entity you have an account.

With ForTrade you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with ForTrade platform.

ForTrade are able to accommodate various levels of traders whether you are experienced or a beginner.

Are ForTrade safe?

When considering ForTrade for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as ForTrade, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2014, and in operation for 10 years ForTrade have a head office in UK.

ForTrade is regulated. This means ForTrade are supervised by and is checked for conduct by the 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) regulatory bodies.

ForTrade withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like ForTrade are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. ForTrade are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of ForTrade and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. ForTrade has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, ForTrade will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like ForTrade, you can enjoy peace of mind and focus on your trading activities. If ForTrade violate any regulatory rules their regulated status could be stripped.

Your capital is at risk

Is my money safe with ForTrade?

All payments made to ForTrade by traders are securely held in a segregated bank account.

ForTrade uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should ForTrade use them?

ForTrade partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their ForTrade clients' funds.

ForTrade clients can have greater confidence in their financial security when working with a Tier 1 bank because ForTrade are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in ForTrade deposited in a Tier 1 bank?

Depositing funds with ForTrade ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if ForTrade were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that ForTrade is a secure and safe platform.

Please be aware that trading in financial assets with ForTrade carries a risk of loss. ForTrade trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

ForTrade emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about ForTrade, let's closely examine its features.

To better understand the ForTrade trading platform, you can create two separate accounts - one with real money and the other a ForTrade demo account. A ForTrade demo account provides a risk-free environment for experimenting with the ForTrade platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in ForTrade trading decisions.

Open a demo account Visit ForTrade

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How ForTrade as a Company Compare Against Other Brokers

Broker ForTrade IC Markets Roboforex eToro
Year Established 2014 2007 2009 2007
Head Office UK Australia Belize Cyprus, UK
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) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 1,000,000+ ForTrade users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection Yes Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit ForTrade Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

ForTrade review
ForTrade Pros and Cons

What we like about ForTrade

  • Used by over 1,000,000 ForTrade users and traders
  • Established in 2014
  • Regulated by 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)
  • Min. deposit from $100

What we don't like about ForTrade

ForTrade review
ForTrade Regulation and Licensing in more detail

ForTrade is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of ForTrade going into insolvency. ForTrade compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like ForTrade to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for ForTrade traders.

ForTrade is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like ForTrade you should be sure they're legitimate online agent.

Is ForTrade Global?

Yes, ForTrade is global as ForTrade is available in over 194 countries.

ForTrade is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries ForTrade covers include the UK, Germany, South Africa, Thailand, China and Australia. ForTrade has a total of more than 1,000,000 users.

ForTrade review
ForTrade Awards

ForTrade have won numerious industry awards over the 10 years they have been operating as a financial broker. We have listed the most notable awards and mentions for ForTrade below.

  • Successfully trebled their revenue from 2015 to 2016. Reached £16 million turnover for 2016

ForTrade review
ForTrade Fees Explained

  • ForTrade doesn't charge withdrawal fees.
  • ForTrade does charge a fee for inactive accounts.
  • ForTrade does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from ForTrade are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

ForTrade Costs To Check

Modern brokers like ForTrade provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, ForTrade may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall ForTrade trading profitability.

How ForTrade Fees Compare Against Other Brokers

Broker ForTrade IC Markets Roboforex eToro
Min Deposit 100 200 10 100
Withdrawal Fees No No Yes Yes
Inactivity Fees No No Yes
Deposit Fees Varies No No
CFD Commission Fees Yes No Yes

ForTrade Minimum Deposit

ForTrade requires a minimum deposit of 100 GBP/USD/EUR when opening an ForTrade trading account.

A minimum deposit is the minimum amount of money required by ForTrade to open a new online brokerage account with them.

Don't be scared off by brokers like ForTrade charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like ForTrade, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

ForTrade Withdrawal Fees

ForTrade doesn't charge withdrawal fees.

ForTrade Withdrawal rules may vary across different brokers when it comes to transferring funds from your ForTrade or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with ForTrade may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the ForTrade withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from ForTrade. Researching and comparing ForTrade withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing ForTrade funds frequently or dealing with large sums of money. Awareness of these ForTrade fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your ForTrade funds.

For example, ForTrade allows you to withdraw your funds to Credit cards, Debit cards, Bank Transfer, PayPal, Neteller, Payoneer.

ForTrade Inactivity Fees

ForTrade does charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by ForTrade terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all ForTrade fees and services. It's recommended that you check the ForTrade website before signing up. If you decide to close your ForTrade account, it's important to do so with the ForTrade broker customer support and obtain confirmation that no remaining ForTrade fees are due.

Brokers like ForTrade must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

ForTrade Deposit Fees

ForTrade do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

ForTrade Commission Fees

ForTrade does charge commission on CFD instruments.

Brokerage firms like ForTrade may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the ForTrade trading account level held by the trader.

ForTrade may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing ForTrade terms and conditions to understand the commission fees and any other charges that may apply is essential.

ForTrade review
What can you trade with ForTrade?

It's essential to note that the trading instruments offered under the ForTrade brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the ForTrade trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with ForTrade over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, ForTrade offer over 70 currency pairs.

ForTrade Compared To Other Brokers

Compare ForTrade with IC Markets and Roboforex below.

Your capital is at risk

How ForTrade Trading Options Compare Against Other Brokers

Broker ForTrade IC Markets Roboforex eToro
Instruments Available 100 2250 100 5000
Platforms MT4, Binary, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 70 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) Yes Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes
Energies Yes No Yes
Agricultural Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 190 2100 0 2042
UK Shares Yes Yes Yes
US Shares Yes Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
Risk Warning Visit ForTrade
Your capital is at risk
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider.

ForTrade review
Trading on ForTrade web platforms and other applications

ForTrade offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

ForTrade also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See ForTrade's platforms

Is the ForTrade Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the ForTrade trading platform to protect you on PC and mobile ForTrade platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using ForTrade web trading platforms.

ForTrade Trading Platform Options

After logging into your ForTrade account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)

Please be aware that ForTrade does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.

ForTrade does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options ForTrade gives you.

ForTrade review
ForTrade MetaTrader 4 (MT4)

ForTrade MetaTrader 4

ForTrade MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on ForTrade offers traders comprehensive features and tools to enhance their trading performance. The ForTrade MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the ForTrade platform to their needs. One of the standout features of MT4 is its charting functionality, which allows ForTrade traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give ForTrade traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 ForTrade trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the ForTrade MetaTrader 4 (MT4) trading platform. MT4 is a platform available with ForTrade, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The ForTrade MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. ForTrade allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with ForTrade in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. ForTrade MetaTrader 4 is compatible with the latest macOS. ForTrade allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on ForTrade

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade ForTrade MetaTrader 4 on iOS Devices

You can download the ForTrade app or trade with ForTrade through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. ForTrade customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade ForTrade MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and ForTrade offers its clients access to the MetaTrader 4 platform on these devices. With the ForTrade MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing ForTrade traders to stay on top of their trades and react quickly to changes in the market. With the ForTrade MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade ForTrade MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on ForTrade are a powerful bundle of three major indicators designed to help traders make informed decisions. ForTrade MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help ForTrade traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing ForTrade traders to potentially stay one step ahead.

ForTrade MetaTrader 4 Advanced Trading Tools

The ForTrade MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give ForTrade traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, ForTrade provides traders with everything they need to succeed. The ForTrade MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing ForTrade traders to analyze the market at any level of complexity.

Trade ForTrade MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

ForTrade MetaTrader 4 AutoChartist

Autochartist on the ForTrade platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for ForTrade MetaTrader 4 Autochartist can scan the market using an expert advisor script.

With Autochartist, ForTrade traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save ForTrade users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. ForTrade traders can navigate the platform and find the information they need to make informed trading decisions.

ForTrade Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for ForTrade traders of all experience levels.

ForTrade Trading benefits

  • ForTrade Allows scalping
  • ForTrade Allows hedging
  • ForTrade Offers STP
  • ForTrade Low min deposit
  • ForTrade Offers Negative Balance Protection

ForTrade Trading Accounts Offered

Below we give an overview of the account types that ForTrade offer. Whatever you are looking to trade, the varying ForTrade account types will be able to provide you with what you need.

  • ForTrade Demo account
  • ForTrade Mini account
  • ForTrade Standard account
  • ForTrade STP account
  • ForTrade Islamic account

Can I try ForTrade?

ForTrade provides a demo account that enables individuals to explore trading before investing their funds. By creating a ForTrade practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the ForTrade demo account can help individuals to make informed decisions before investing their money.

Open a demo ForTrade account to practice and trade.

Your capital is at risk

ForTrade withdrawal and funding methods

It's essential to remember that the payment methods provided by ForTrade vary based on the ForTrade entity and the ForTrade client's country of residence. To view the ForTrade payment options available, you can log into your ForTrade member's area.

ForTrade offers various funding payment methods listed in your ForTrade dashboard if available in your region. To learn more about the ForTrade funding and withdrawal options available in your area, you can explore the ForTrade website.

ForTrade provides several payment methods for funding your ForTrade account. You may utilize any of these deposit options if they are available in your region. ForTrade ensures that users have multiple payment methods to choose from, making it more convenient for verified ForTrade account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the ForTrade user's location. learn more about ForTrade funding and withdrawal methods.

ForTrade Payment Methods

Some ForTrade payment methods are local and are available only to specific regions. ForTrade account holders should check which payment methods are provided in your region.
  • ForTrade accepts Credit cards
  • ForTrade accepts Debit cards
  • ForTrade accepts Bank Transfer
  • ForTrade accepts PayPal
  • ForTrade accepts Neteller
  • ForTrade accepts Payoneer
Broker ForTrade IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal Yes Yes No Yes
Skrill No Yes Yes Yes
Payoneer Yes No Yes No
Neteller Yes Yes Yes Yes

*please note available ForTrade and other broker payment methods depend on the clients country of residence.

How can I start trading with ForTrade?

To open a trading account with ForTrade, individuals can sign up on the ForTrade website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for ForTrade account validation and making a deposit. Once completed, ForTrade users can download the trading platform of their choice.

It's important to note that ForTrade requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps ForTrade maintain a trustworthy financial environment for its 1,000,000 users. Detailed information on the ForTrade trading platforms is available on their website.

Your capital is at risk

Performing trades with ForTrade

When using ForTrade, the minimum trade size is typically units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. ForTrade have a max trade of . With STP execution on the ForTrade platform, traders can anticipate tighter spreads and greater transparency when it comes to trade pricing.

One of the ForTrade platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide ForTrade traders with greater confidence and peace of mind when trading on the ForTrade platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of ForTrade trades.

Like other brokers, ForTrade margin requirements can differ depending on the traded instrument.

ForTrade offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about ForTrade, and see all of the ForTrade account features on the official ForTrade website.

CFD Trading on ForTrade

We will show you an example of the basics of using ForTrade leverage.

CFD trading on ForTrade allows traders to speculate on the price movements of various financial instruments against the broker ForTrade, without actually owning real assets. With CFDs, ForTrade traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

ForTrade provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, ForTrade leverage profits and losses are magnified when trading. For instance, using CFDs, you use the ForTrade trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, ForTrade leverage magnifies both profits and losses in trading.

Trading CFD trades on the ForTrade platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced ForTrade traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk

Limiting Your Risk When Trading with ForTrade Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like ForTrade. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a ForTrade trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, ForTrade trading losses are always limited to the current balance of funds in the trader's account.

Even if an ForTrade trader experiences a significant loss, they will never owe more money than what is available in their ForTrade account balance.

It's important for ForTrade traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that ForTrade losses are limited to the funds available in your ForTrade account when negative balance protection is in place.

Limit Risk When Trading with ForTrade Stop Loss, ForTrade Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as ForTrade . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for ForTrade traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an ForTrade trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide ForTrade traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with ForTrade, you must actively monitor your live trading portfolio and financial exposure on ForTrade.

Education Resources at ForTrade

To trade effectively with ForTrade, it's important to have a good understanding of the ForTrade trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with ForTrade and externally.

ForTrade . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with ForTrade. Familiarizing yourself with the ForTrade trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using ForTrade. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with ForTrade involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like ForTrade, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with ForTrade. Explore the ForTrade platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with ForTrade, before live trading.

Customer Support at ForTrade

As part of our ForTrade review, we review customer service options, response times and problem resolution effectiveness on the ForTrade trading platform. The ForTrade trading platform supports multiple languages, which includes English, German, Spanish, French, Croatian, Italian, Dutch, Polish, Portuguese, Slovene, Swedish, Russian, Arabic, Albanian, Macedonian.

ForTrade Available Support Types

ForTrade have a double AA grade support rating because ForTrade offer live chat and email support in multiple languages.

Livechat Support at ForTrade

Our experience with the ForTrade live chat was positive. We received a response within 30 seconds of sending a message through their app and website. Overall, great live chat support from ForTrade.

We tested communicating with ForTrade customer support in multiple languages and countries. ForTrade made an effort to resolve the issues we had.

Email Support at ForTrade

Our experience with ForTrade email support was positive. We sent 25 emails at different times and received responses within an average of 2 hours. The fastest response was less than 15 minutes, while the slowest was 7 hours. Although response times may vary, we found their team to be helpful and knowledgeable in resolving our queries.

Phone Support at ForTrade

Our experience with ForTrade phone support was positive. The team answered the call in under 5 minutes and successfully resolved our queries over the phone. We appreciated their efforts in catering to multilingual support. Overall, a great phone support experience with ForTrade.

See how ForTrade Support Compares Against Other Brokers

Broker ForTrade IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, German, Spanish, French, Croatian, Italian, Dutch, Polish, Portuguese, Slovene, Swedish, Russian, Arabic, Albanian, Macedonian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit ForTrade Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Your capital is at risk Losses can exceed deposits Losses can exceed deposits 76% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with ForTrade

As ForTrade is regulated by 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).

As a new client of ForTrade, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with ForTrade in your region. During the ForTrade account opening process, you will be asked to provide ForTrade with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with ForTrade have the following documents available.

  • ForTrade require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for ForTrade compliance. This must be dated within the last six months.
  • If you plan to fund your ForTrade account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the ForTrade platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under ForTrade Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring ForTrade's platform.

However, remember that you won't be able to make trades on ForTrade until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the ForTrade KYC compliance process as soon as possible to avoid any delays in accessing the ForTrade platform's features.

It is important to note that ForTrade may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the ForTrade platform and features immediately. However, you must pass the verification process to start live trading with ForTrade, which can take up to a few business days.

To start the process of opening an account with ForTrade you can visit the ForTrade trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.fortrade.com/ on March 16, 2024.

Watch this ForTrade Explainer Video

Is ForTrade A Good Broker?

We have spent over 5 years examining ForTrade in depth. Although we found some very useful aspects of the ForTrade platform that would be useful to some traders. We feel that a alternative to ForTrade may better suit you.

  • ForTrade have a good track record of offering Forex, CFDs.
  • ForTrade has a history of over 10 years.
  • ForTrade has a reasonable sized customer support of at least 10.
  • ForTrade are regulated by the 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). ForTrade is subject to strict regulatory oversight from its respective jurisdiction, which holds ForTrade (the broker) accountable for misconduct. This regulatory framework helps ensure that ForTrade operates fairly and transparently and provides ForTrade customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and ForTrade.
  • ForTrade have regulation from reputable regulators.
  • One of the advantages of using ForTrade is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from ForTrade are particularly important as ForTrade traders want to receive their money quickly. With the efficient ForTrade payment processing system, traders can enjoy faster access to their ForTrade funds.
  • ForTrade have an international presence in multiple countries. Including local ForTrade seminars and training.
  • ForTrade can hire people from various locations in the world who can better communicate in your local language.

ForTrade Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

ForTrade not quite right?

If after reading this ForTrade review, ForTrade does not fulfill your needs check out these ForTrade Alternatives.

Click here to view the best ForTrade Alternatives

We have spent years researching the best alternatives to ForTrade. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective ForTrade alternatives available today. If you are unsatisfied with ForTrade or want to explore other options, we recommend checking out our carefully curated list of highly-rated ForTrade alternatives. Follow the links below to learn more about these ForTrade broker alternatives and choose the one that best suits your trading needs.

Related ForTrade Vs Comparisons

Throughout our comprehensive ForTrade review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing ForTrade against other popular brokers in the industry, check out our ForTrade Vs pages. Our team has compiled a series of detailed ForTrade comparison articles, pitting the ForTrade platform against some of the best-rated ForTrade competitors in the market. Dive into our informative ForTrade Vs pages below to find out how ForTrade stacks up against other leading brokers.

ForTrade review
FORTRADE Frequently Asked Questions

Read our detailed ForTrade FAQ Section updated for 2024.

Can I try ForTrade?

ForTrade offer a demo account so you can try the ForTrade platform with virtual trading before you put down a payment. Virtual trading with ForTrade is zero risk. Learn more here

What funding methods do ForTrade accept?

Please note that the list of payment methods below depends on the ForTrade Entity and the client's Country of Residence.

ForTrade offer the following funding payment methods Credit cards, Debit cards, Bank Transfer, PayPal, Neteller, Payoneer, among other payment methods.
Learn more here

Your capital is at risk

Is ForTrade safe?

ForTrade have over 1,000,000 users. ForTrade are considered reliable as they are regulated by and checked for conduct by the 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). Any payments funded to ForTrade accounts by traders are held in a segregated bank account. For added security,ForTrade use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with ForTrade is risky, and because the market is so volatile, losses could happen at any time. Do not invest with ForTrade unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Your capital is at risk

Is ForTrade trading good?

ForTrade is considered good and reputable to trade with ForTrade. ForTrade is used by over 1,000,000 traders and ForTrade users. ForTrade offers Forex trading, and CFDs trading. Minimum deposit with ForTrade is 100.

Is ForTrade trading Legit?

ForTrade was founded in UK in 2014. ForTrade has been facilitating trade on the financial markets for over 10 years. ForTrade offers clients Forex trading, and CFDs trading. All funds deposited to ForTrade are held in segregated bank accounts for security. ForTrade is regulated by 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) so can be considered legit.

Is ForTrade a good broker?

ForTrade allows Forex trading, and CFDs trading. ForTrade is overseen by the top tier financial regulators 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) so can be considered a good broker.

Is ForTrade trustworthy broker?

ForTrade is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to ForTrade, money is in a segregated bank account that is separate from ForTrade company's funds. As a regulated broker, ForTrade cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by ForTrade. Instead, your ForTrade funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with ForTrade. Also ForTrade is regulated in its local jurisdictions including major financial regulators like 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).

What is the minimum deposit for ForTrade?

The minimum deposit to trade with ForTrade is 100.

How long do ForTrade withdrawals take?

Withdrawing money from ForTrade processing time varies depending on the method but averages 1-5 days.

Is ForTrade regulated?

ForTrade is regulated by the 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). Regulatory bodies conduct regular reviews and audits as part of ForTrade maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is ForTrade a market maker?

ForTrade is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.

How can I start trading with ForTrade?

When opening a trading account with ForTrade, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on ForTrade trading platforms, you can follow the link provided below: Learn more about signing up with the ForTrade trading platform here. This will provide useful information and insights into the various trading platforms offered by ForTrade, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with ForTrade?

Yes your money is safe with ForTrade.

Overall, strict financial regulation is essential for ensuring that trading platforms like ForTrade operate fairly, transparently, and responsibly, which ultimately benefits all ForTrade stakeholders involved.

Trading platforms like ForTrade must have strict financial regulation for several reasons:

  • Protecting ForTrade Investors: Strict financial regulation ensures that investors who use the ForTrade trading platform are protected against fraudulent or unethical behavior by the ForTrade platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the ForTrade platform.
  • Maintaining ForTrade Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the ForTrade trading platform. Regulatory procedures reduce the likelihood of the ForTrade platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing ForTrade Transparency: Regulations require trading platforms like ForTrade to maintain detailed records and disclose ForTrade client information. Financial regulatory requirements enhances transparency and helps to build trust between the ForTrade platform and its investors.

ForTrade is regulated by the 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). When selecting a broker such as ForTrade, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, ForTrade ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like ForTrade.

Is ForTrade a con?

ForTrade is regulated and well established, having been in business for over 10 years. ForTrade is not a con.

Can you make money with ForTrade?

Although traders have had great success with ForTrade, trading on the financial markets with ForTrade is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does ForTrade have fees?

ForTrade doesn't charge withdrawal fees. ForTrade does charge a fee for inactive accounts. ForTrade do charge deposit fees.

When was ForTrade founded?

ForTrade was founded in 2014.

How many people use ForTrade?

ForTrade is used by over 1,000,000 registered ForTrade users.

What is ForTrade Headquarters country?

ForTrade has its head quarters office in UK .

Does ForTrade offer negative balance protection?

ForTrade offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does ForTrade offer guaranteed stop loss?

ForTrade does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does ForTrade allow scalping?

ForTrade offers scalping.

Does ForTrade allow hedging?

ForTrade offers hedging.

Does ForTrade offer CFD trading?

ForTrade offers CFD trading.

Does ForTrade offer STP?

ForTrade offers STP trading.

How many people use ForTrade?

ForTrade is used by over 1000000 ForTrade users and traders.

Is ForTrade an ECN broker?

ForTrade does not offer ECN trading.

Does ForTrade offer a demo account?

ForTrade offers a demo account.

Does ForTrade offer an Islamic account?

ForTrade offers an Islamic account.

What are the funding methods for ForTrade?

Please note that funding methods and options available with ForTrade can be found in the ForTrade Members area and depend on the ForTrade client’s country of residence. Please check your specific available payment methods on the ForTrade website. ForTrade accept the following funding methods : Credit cards, Debit cards, Bank Transfer, PayPal, Neteller, Payoneer.

ForTrade review written by Andrew Blumer and Mark Hansen

We hope you found our review of the ForTrade brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

ForTrade review written by Mark Hansen of Comparebrokers.co