ForTrade Review 2019

ForTrade General Fees

• ForTrade doesn't charge withdrawal fees
• ForTrade does charge inactivity fees
• ForTrade does charge deposit fees

ForTrade Commissions

• ForTrade does charge commission on CFD shares.

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, making it easier to keep an eye on and execute your trades while you’re on the move.

ForTrade Trading benefits :

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

ForTrade Trading Accounts Offered :

• Mini account
• Standard account
• Islamic account

Can I try ForTrade before I buy?

ForTrade offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

What funding and withdrawl methods do ForTrade accept?

ForTrade offer the below funding payment methods. learn more about ForTrade

• Credit cards
• Bank Transfer
• PayPal
• Payoneer
• Neteller

Broker	ForTrade	XTB	Plus500	Pepperstone
Bank transfer	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes
Paypal	Yes	Yes	Yes	Yes
Skrill	No	Yes	Yes	Yes
Payoneer	Yes	Yes	No	Yes
Neteller	Yes	Yes	No	Yes

How can I start trading with ForTrade?

When opening a trading account with ForTrade, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on ForTrade trading platforms here.

Performing trades with ForTrade

ForTrade allow you to execute a minimum of trade of . This may vary depending on the account you open. ForTrade allow you to execute a maxium trade of . As ForTrade offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

As a nice bonus, ForTrade are one of very few brokers that claim to have no requotes, so you don't have to worry about slippage (your trades being ordered at a different price to what you executed them at).

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

ForTrade also offers a number of useful risk management features, such as stop losses (with trailing stops), limit orders, negative balance protection, and much more. You can see all of the account features offered by ForTrade here.

Education resources at ForTrade

To trade effectively with ForTrade, it's important to get a have a good understanding of the XTB trading tools and the markets.

ForTrade offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with ForTrade.

Take time to look around the ForTrade platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Support at ForTrade

ForTrade support a limited number including

ForTrade have a double AA grade support rating because ForTrade offer live chat and email support and less than three languages.

Broker	ForTrade	XTB	Plus500	Pepperstone
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, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish	English, French, Italian, Spanish, Portuguese, German, Dutch, Polish, Arabic, Hebrew, Danish, Norwegian, Czech, Slovak, Bulgarian and Chinese	English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More	Visit ForTrade	Visit XTB	Visit Plus500	Visit Pepperstone
Risk Warning	Your capital is at risk	Your capital is at risk	76.4% of retail CFD accounts lose money	Your capital is at risk

What you will need to open an account with ForTrade

As ForTrade is regulated by Financial Conduct Authority, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

• A scanned colour copy of your passport, driving license or national ID
• A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore ForTrade's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with ForTrade you can visit their website here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://www.fortrade.com/ on 12th August 2018.

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