Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
TradersWay
$10.00Tightest Spreads
Fortrade
Average spread for EUR/USD is around 2 pips pipsHighest Leverage
Fortrade
1:up to 1:200Best Rated
TradersWay
Mobile Trading
Both
✓✓General Information
Fortrade
Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), IIROC (Canada), FSC (Mauritius)
Founded
N/A
Headquarters
United Kingdom
Overall Rating
TradersWay
Regulation
Founded
N/A
Headquarters
Dominica
Overall Rating
Trading Conditions
| Feature | Fortrade | TradersWay |
|---|---|---|
| Minimum Deposit | $100.00 | $10.00 |
| Average Spreads | Average spread for EUR/USD is around 2 pips | Floating from 0.7 pips (varies by account type) |
| Maximum Leverage | up to 1:200 | Up to 1:1000 |
| Commission | None | None |
Account Types
Fortrade
TradersWay
Platforms & Tools
Fortrade
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Not Available
Social Trading
Available
TradersWay
MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Fortrade
Deposit Methods
Funds can be added using credit or debit cards (Visa, MasterCard), bank wire transfers, or e-wallets such as Skrill and Neteller. Deposits are usually processed instantly for cards and e-wallets, with the only minimum being the $100 required to open an account.
Withdrawal Methods
Withdrawals follow the same options, but cards are limited to the original deposit amount. Excess funds go via wire transfer or e-wallets. Processing takes 1-5 business days, and there are no fees from the broker.
Withdrawal Fee
None
TradersWay
Deposit Methods
Bank wire, credit/debit cards (Visa/Mastercard), e-wallets (Skrill, Neteller), cryptocurrencies (Bitcoin, Ethereum, Litecoin), UnionPay
Withdrawal Methods
Same as deposits: Bank wire, cards, e-wallets, crypto (processed within 24–48 hours; no broker fees)
Withdrawal Fee
None
Support
Fortrade
Support Languages
The platform and support are available in over 15 languages, including English, German, Spanish, French, Italian, Arabic, Dutch, Polish, Portuguese, Russian, Croatian, Bosnian, Hungarian, and Macedonian.
Support Channels
Customer Support: Fortrade provides support 24 hours a day, 5 days a week through live chat (instant), email, and phone with multiple international lines.
Account Manager
Not Available
TradersWay
Support Languages
English, Russian, Spanish, Chinese, Arabic (via support)
Support Channels
24/7 live chat, email (support@tradersway.com), phone (+44-203-129-4989); responsive but English/Russian prioritized
Account Manager
Not Available
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