Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
InstaForex
$1.00Tightest Spreads
Fortrade
Average spread for EUR/USD is around 2 pips pipsHighest Leverage
Fortrade
1:up to 1:200Best Rated
InstaForex
Mobile Trading
Both
✓✓General Information
InstaForex
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
British Virgin Islands (headquartered)
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 | InstaForex | Fortrade |
|---|---|---|
| Minimum Deposit | $1.00 | $100.00 |
| Average Spreads | From 0.0 pips | Average spread for EUR/USD is around 2 pips |
| Maximum Leverage | Up to 1:1000 | up to 1:200 |
| Commission | None | None |
Account Types
InstaForex
Fortrade
Platforms & Tools
InstaForex
MetaTrader 4, MetaTrader 5, cTrader
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
InstaForex
Deposit Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards (Visa, Mastercard), ₿ Cryptocurrencies (e.g., Bitcoin), 💸 E-wallets (e.g., Skrill, Neteller), 🌍 Local payment methods (varies by region).
Withdrawal Methods
🏦 Bank Wire Transfer, 💳 Credit/Debit Cards, ₿ Cryptocurrencies, 💸 E-wallets (Skrill, Neteller).
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
InstaForex
Support Languages
English, Russian, Spanish, Chinese, Arabic, Indonesian, Malay, Thai, Vietnamese, Hindi, and more (over 20 languages supported, based on global reach)
Support Channels
InstaForex offers 24/7 customer support via email, live chat, callback requests, and specialized departments to assist traders worldwide.
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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