Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
FXTM
$50.00Tightest Spreads
FXTM
50 pipsHighest Leverage
Fortrade
1:up to 1:200Best Rated
FXTM
Mobile Trading
Both
✓✓General Information
FXTM
Regulation
Founded
N/A
Headquarters
Usa
Overall Rating
Fortrade
Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), IIROC (Canada), FSC (Mauritius)
Founded
N/A
Headquarters
United Kingdom
Overall Rating
Trading Conditions
| Feature | FXTM | Fortrade |
|---|---|---|
| Minimum Deposit | $50.00 | $100.00 |
| Average Spreads | 50 | Average spread for EUR/USD is around 2 pips |
| Maximum Leverage | 1:3000 | up to 1:200 |
| Commission | None | None |
Account Types
FXTM
No account types specified
Fortrade
Platforms & Tools
FXTM
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Fortrade
MetaTrader 4, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Not Available
Social Trading
Available
Payments
FXTM
Deposit Methods
Credit/Debit Cards, Bank Transfers, E-Wallets (Skrill, Neteller, etc.)
Withdrawal Methods
Credit/Debit Cards, Bank Transfers, E-Wallets
Withdrawal Fee
None
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
Support
FXTM
Support Languages
English, Arabic, Russian, Chinese, Spanish, French, and more.
Support Channels
CySEC (Cyprus Securities and Exchange Commission), FCA (Financial Conduct Authority), FSCA (Financial Sector Conduct Authority).
Account Manager
Available
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
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