Risk Warning: Your Capital is at Risk.
Fortrade is a UK-based derivatives brokerage firm that offers customers two trading platforms for trading forex and Contracts for Difference (CFDs).
Fortrade traders have a choice between the broker’s proprietary Fortrader platform and the popular MetaTrader 4 (MT4) platform.
- Fortrade Overview
- Quick Summary
- Who is Fortrade Best For?
- Fast Facts About Fortrade
- Where Does Fortrade Operate?
- Fortrade Trading Products
- Fortrade Account Types
- Fortrade Spreads and Fees
- Withdrawals and Withdrawal Times
- Fortrade Trading Platforms
- Fortrader Mobile App Review
- Fortrader Browser App Review
- MetaTrader 4 App Review
- Using the Fortrade Demo Account
- Fortrade’s Educational Resources
- Can I Trust Fortrade?
- Fortrade Corporate
Fortrade’s strengths include its user-friendly technology, scalable platform, and regulation by one of the top international regulatory bodies – the Financial Conduct Authority (FCA), making it attractive for traders in the UK.
This Fortrade review will cover all of the important details about the broker to help you make an informed opinion about its products and services.
|What's Good About Fortrade?||What Could Fortrade Do Better?|
|Trustworthy broker (we scored Fortrade 80/100 in our broker trust rating)||Withdrawals can take up to 15 business days for debit/credit cards|
|Extensive educational tools available, however, this may be quantity over quality||Platform may be too basic for some traders but the MT4 platform is also supported by Fortrade|
|Handy tutorial to help get you started with the platform|
|Islamic accounts available and run in accordance with Sharia law (these require a min. deposit of $2,000, however)|
|Support and website available in multiple languages|
|12-hour customer support via email, live chat and phone between 9 am and 9 pm GMT Monday - Friday.|
Who is Fortrade Best For?
Fortrade is regulated by several organizations, including the Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), and the Financial Conduct Authority (FCA).
You can see the full list of regulators in our list of facts about Fortrade.
Advanced traders may find the Fortrader platform too simplistic unless using MetaTrader 4.
Fast Facts About Fortrade
|Overview||Leading provider of online trading solutions for individual and institutional clients|
|Our Overall Rating|
|Broker Trust Rating||80/100|
|Markets||Stock, Indices, Forex, Cryptocurrencies, Commodities, US Treasuries, ETFs
|Countries Served||150+ (Full list below)|
|Minimum Deposit||£100 (with a suggestion of £500)|
|Fees||Fortrade is a no-comission broker, receiving its compensation in the form of the market bid/ask spreads on each instrument. (See below for a full list of fees)|
|Regulator(s)||Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), National Bank of the Republic of Belarus (NBRB), and Investment Industry Regulatory Organization of Canada (IIROC)|
|Customer Support||Between 9 AM and 9 PM GMT Monday - Friday by phone, email or live chat|
|Demo Account||Yes, no expiry|
Where Does Fortrade Operate?
Fortrade serves clients in 151 countries.
- Antigua and Barbuda
- Bosnia and Herzegovina
- Burkina Faso
- Côte d’Ivoire
- Cabo Verde
- Canada (provinces of British Colombia and Ontario only)
- Costa Rica
- Czechia (Czech Republic)
- Dominican Republic
- El Salvador
- Equatorial Guinea
- Eswatini (fmr. “Swaziland”)
- Holy See
- Marshall Islands
- North Macedonia
- Palestine State
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- San Marino
- Sao Tome and Principe
- Saudi Arabia
- Sierra Leone
- Solomon Islands
- South Africa
- South Korea
- Sri Lanka
- Trinidad and Tobago
- United Arab Emirates
- United Kingdom
- Central African Republic
- Congo Republic
- Democratic Republic of the Congo
- Hong Kong
- Korea (North)
- New Zealand
- Papua New Guinea
- Puerto Rico
- South Sudan
- United States**
*The following Canadian provinces of are not accepted:
- British Columbia
- New Brunswick
- Newfoundland and Labrador
- Nova Scotia
- Prince Edward Island
**US Residents and residents of US Dependencies are not accepted, including:
- American Samoa
- Northern Mariana Is
- Puerto Rico
- US Minor Outlying Islands
- US Virgin Islands
Fortrade supports 15 languages on its platform:
Fortrade Trading Products
Fortrade offers customers CFD trading in over 300 instruments grouped into nine categories: forex, cryptocurrencies, stock CFDs, index CFDs, precious metals, energy products, agricultural products, US treasuries, and ETFs.
Fortrade offers seven major forex currency pairs, as well as minors and exotics.
The major currency pairs are:
Fortrade lets clients trade CFDs for four cryptocurrencies against the US dollar:
Fortrade allows CFD trading for 18 major indices.
- Australia 200
- Canada 60
- Europe 50
- France 40
- Germany 30
- Hong Kong 50
- Italy 40
- Japan 225
- Netherlands 25
- Spain 35
- Swiss 20
- UK 100
- USA 2000
- USA 30
- USA 500
- USA Tech 100
- USD Index
|United Kingdom||3i Group|
|United Kingdom||Admiral Group|
|United Kingdom||Anglo American|
|United Kingdom||Antofagasta Holdings|
|United Kingdom||Ashtead Group|
|United Kingdom||Associated British Foods|
|United Kingdom||AstraZeneca plc|
|United Kingdom||Babcock International|
|United Kingdom||Barratt Developments|
|United Kingdom||BHP Billiton|
|United Kingdom||British Land|
|United Kingdom||BT Group|
|United Kingdom||Compass Group|
|United Kingdom||Hargreaves Lansdown|
|United Kingdom||HSBC Holdings|
|United Kingdom||Imperial Brands Group|
|United Kingdom||InterContinental Hotels Group|
|United Kingdom||Intertek Group|
|United Kingdom||Intu Properties|
|United Kingdom||J Sainsbury|
|United Kingdom||Johnson Matthey|
|United Kingdom||Land Securities|
|United Kingdom||Legal & General Group|
|United Kingdom||LSE Group|
|United Kingdom||Randgold Resources|
|United Kingdom||RBS Group|
|United Kingdom||Reckitt Benckiser Group|
|United Kingdom||Rio Tinto Group|
|United Kingdom||Rolls Royce|
|United Kingdom||RSA Insurance Group|
|United Kingdom||Sage Group|
|United Kingdom||Sky Plc|
|United Kingdom||Smith & Nephew|
|United Kingdom||Smiths Group|
|United Kingdom||Standard Chartered|
|United Kingdom||Standard Life|
|United Kingdom||Travis Perkins|
|United Kingdom||Vodafone Group|
|United Kingdom||Wm Morrison Supermarkets|
|United Kingdom||WPP PLC|
|Germany||Bayerische Motoren Werke Aktiengesellschaft (BMW)|
|Germany||Deutsche Bank Aktiengesellschaft|
|Germany||Deutsche Lufthansa AG|
|Germany||Deutsche Post AG|
|Germany||Deutsche Telekom AG|
|France||Air France-KLM SA|
|France||BNP Paribas SA|
|France||Schneider Electric S.E.|
|France||Société Générale S.A.|
|Spain||Gas Natural Fenosa|
|Italy||Assicurazioni Generali S.p.A.|
|Italy||Fiat Chrysler Automobiles N.V.|
|Italy||Intesa Sanpaolo S.p.A.|
|Hong Kong||Xiaomi Corporation|
|United States||American Airlines|
|United States||American Express|
|United States||Aurora Cannabis Inc.|
|United States||Bank of America|
|United States||Canopy Growth Corporation|
|United States||Citi Group|
|United States||Cronos Group Inc.|
|United States||Goldman Sachs|
|United States||GW Pharmaceuticals|
|United States||Las Vegas Sands Corporation|
|United States||Morgan Stanley|
|United States||Nvidia Corporation|
|United States||Royal Caribbean Cruises|
|United States||Sina Corp|
|United States||Sogou, Inc.|
|United States||Tesla Motors|
|United States||Teva Pharmaceutical Industries|
|United States||Tilray, Inc.|
|Other European countries||Anheuser-Busch InBev SA/NV|
|Other European countries||ASML Holding N.V.|
|Other European countries||Diageo|
|Other European countries||Galp Energia, SGPS, S.A.|
|Other European countries||General Electric|
|Other European countries||InterContinental Hotels Group|
|Other European countries||Koninklijke Philips N.V.|
|Other European countries||Marks & Spencer|
|Other European countries||National Grid|
|Other European countries||Nokia Corporation|
|Other European countries||Nordea Bank Abp|
|Other European countries||Severn Trent|
|Other European countries||Shell|
|Other European countries||Skandinaviska Enskilda Banken AB (SEB)|
|Other European countries||Telenor|
|Other European countries||Tenaris S.A.|
|Other European countries||The Unilever Group|
|Other European countries||Unione di Banche Italiane S.p.A.|
|Other European countries||United Utilities|
|Other European countries||Whitbread|
- Gold (EUR, GBP, USD)
- Gold Gram / Turkish Lira (GAU / TRY)
- Gold Gram (GAU) to Turkish Lira (TRY) exchange rate
- GOLDTRY (Troy Ounce)
- Gram GOLD (GAUUSD)
- Silver AUD
- US 10Y Note
- US 30Y Bond
- US 5Y Note
- SQQQ – ProShares UltraPro QQQ Short ETF CFD)
- TQQQ – ProShares UltraPro QQQ Long ETF CFD)
- United States Oil Fund LP (USO)
Fortrade Account Types
Fortrade keeps things simple and offers only three types of accounts:
- Standard trading accounts
- Islamic accounts
- Demo accounts
Standard Trading Accounts
Fortrade requires a minimum initial deposit of £100 depending on the base currency of your account.
However, the broker recommends that traders make an initial minimum deposit of at least £500.
Fortrade also offers an option to open an Islamic forex account. These accounts are swap-free, with no rollover interest on overnight positions in accordance with Islamic law.
Islamic accounts require a minimum balance of $2,000.
Unlike with some brokers, you don’t need a standard trading account to open a demo account.
Demo accounts have all the same features that a standard account offers, including real-time charts and quotes for hundreds of financial assets.
There is no time limit to the practice account. Fortrade deposits an initial notional sum of 100,000 demo credits into your trading account, allowing you to learn and practice online trading in a real trading environment.
To sign up for Fortrade traders need to provide the following information in a process that takes just a few minutes:
- Email address
- Physical address
- Mobile phone number
- Country of origin
- Base currency (US dollars, Euros, or British pound sterling)
- Date of birth
You’ll also be asked a few questions about your financial and employment situation and your trading goals.
To verify your identity with Fortrade, you will need one document for proof of identity and one for proof of address. You can fax, email or upload these documents to Fortrade.
|Proof of Identity|
|Proof of Address|
Fortrade requires a minimum deposit of £100, but the broker suggests customers deposit at least £500.
Traders can deposit and withdraw funds with Fortrade using one of several different methods:
|Funding Method||Timing & Fees|
|Credit card||Instant, no fees|
|Neteller||Instant, no fees|
|Skrill||Instant, no fees|
|Bitcoin||Instant, no fees|
|Wire Transfer||Minimum transfer of $250, fee up to $40*, can take up to 7 days to be credited to an account|
To ensure you can cover any losses you might incur on your positions, Fortrade requires sufficient collateral or margin. The margin available in your account will limit the size of the positions you can open.
Fortrade requires a specific margin to be available in your account for each trade that you execute.
You can see Fortrade’s margin rates list under the “Trading Product Details” section of their website.
Traders who fall below the Fortrade margin requirements risk receiving a margin call and having their position closed prematurely.
Fortrade offers two types of awards to traders: a Balance Award and a Credit Award.
ESMA regulations prohibit CFD brokers from offering bonuses to retail traders in Europe to encourage CFD trading (or a greater volume of trading), including signup bonuses or fee rebates.
Fortrade grants traders this award when they make a deposit to their account. This award is offered entirely at Fortrade’s discretion.
- Target volume – Traders cannot withdraw balance awards until they reach their target volume, which is set according to the award amount given.
- Trading requirement – The client must fill a trading requirement of 0.1 lot for every 1 USD/GBP/EUR award given in order to reach their target volume.
- Example – If a trader received a 100 USD/GBP/EUR Balance Award, they will have to trade 10 lots before their Balance Award is converted to balance and becomes a part of his capital.
- Limitations: The following countries are only eligible for a Balance Award if it’s deposited via wire transfer: Bangladesh, China, Cote d’Ivoire, Egypt, Indonesia, Pakistan, Russia, Ukraine, and Vietnam.
Fortrade’s Credit Award is an alternative award with additional Terms and Conditions. It is also entirely at Fortrade’s discretion.
- Target volume – Customers must reach their target volume before they can lose or withdraw their Credit Award. The target volume is set according to the award amount given.
- Equity – If a client fails to reach their target volume, Fortrade removes the credit award automatically when their equity falls below the credit award amount. Essentially, this stops you out and your open positions get closed accordingly.
- Required lots – If a customer fulfills the required amount of 0.10 lots for every EUR/ USD/GBP of cash credit award, the award automatically becomes a part of capital and can be withdrawn or used for trading.
- Reactivation – A customer can reactivate a Credit Award if they re-deposit at least 30% of its value.
Customers should consult the Fortrade website for more details about how these awards work.
Fortrade Spreads and Fees
Fortrade receives its compensation in the form of the market bid/ask spreads on each instrument.
Note: Spreads discussed below aren’t fixed and vary with factors such as liquidity and volatility.
The most liquid forex currency pairs such as EUR/USD and GBP/USD and USD/JPY have recently had average spreads of 2 pips.
Spreads for pairs like USD/CAD, USD/CHF and EUR/CHF have recently had average spreads of 4 pips, depending on the time of day.
Recent sample average spreads includes:
- 5 on AUD 200 (Australia 200)
- 2.5 on GER30 (Germany 30)
- 0.11 on USDX (DOLLAR_INDX)
Fortrade offers trading on a wide range of stock CFDs. Traders can consult the Fortrade website for details about spreads on stock CFDs.
Recent sample average spreads include:
- 0.75 for corn, wheat, and soybeans
- 0.07 for Brent Oil
- 0.008 for natural gas
- $0.04 on crude oil
- $0.45 for gold
- $0.04 for silver
Recent average spreads have been:
- 0.07 for US 5Y Note and US 10Y Note
- 0.09 for US 30Y Bond.
Recent average spreads have been 0.14 for SQQQ and TQQQ and 0.03 for USO.
Withdrawal Fees & Other Fees
Withdrawal Fees: Any International Telegraphic Transfer (TT) Fees incurred by Fortrade are passed on to the customer. Most International TTs are approximately $40.
Overnight Funding Fees: This overnight Fortrade fee (or credit) is either added to or subtracted from a trader’s account when a position remains open past a certain period of time. Traders can obtain information on overnight funding rates on the website.
Dormancy Fee: If for any consecutive period of 180 days, you do not trade on your Client Account, then Fortrade considers the Client Account to be inactive or dormant. Fortrade charges a monthly administrative fee on dormant accounts of USD $10.00 (or a similar amount in such other currency). Fortrade stops charging this fee if the balance in the client’s account reaches $0.
Withdrawals and Withdrawal Times
Fortrade has a strict policy that funds can only be returned to the source in which the deposit was made. Sums in excess of the original deposit may be withdrawn by providing an alternative withdrawal method — for example bank wire transfer, Skrill, or Neteller.
To wire money to your bank account, Fortrade needs your past three months of bank statements. The statements must clearly show:
- Full Name
- Full Address
- Full Bank details (Bank/Sort code and Account Number)
Fortrade processes withdrawal requests within two business days after they are submitted.
- Wire Transfers – Usually take up to 5 business days to reach your account.
- Debit/credit cards – Can take up to 15 business days to reach your account.
Fortrade Trading Platforms
Fortrade offers two trading platforms with three ways to access them:
|Trading Platform||Browser App||Mobile App||Software|
|Fortrader||Any mobile or desktop device||Android, iOS||n/a|
|MetaTrader 4||Any mobile or desktop device||Android, iOS||Windows-only Software|
In this review, we’ll take a look at these platforms and the ways you can access them.
Fortrader Mobile App Review
Since most traders are looking for ways to trade via their mobile devices, we’ll start with the Fortrader Mobile App.
Beginning traders will find the Fortrader mobile app easy and intuitive to use. Let’s walk through the basics.
When you open the Fortrader app, you’ll see the home screen with instruments you’ve chosen as favorites at the top of the list.
Finding Trading Instruments
To find new instruments, just tap the magnifying glass.
Once you find an instrument you wish to trade on, tapping it will bring up the information on the instrument. For our purposes, we’ll pick Crude Oil.
You can make simple customizations to the chart:
- Move between candlestick or line chart
- Change the timeframe on the x-axis (minute, 30-minutes, hourly, daily, or weekly).
Tap on the Info or More tabs at the bottom of the screen to see additional information about the instrument you’ve chosen.
Opening a Trade
Opening a trade from this screen is as easy as tapping Buy or Sell. From the ticket screen, you can:
- Change the trade amount (from 10 units to 100,000 units)
- Add a stop-loss (S/L) or take-profit (T/P) options to close your trade automatically. You can choose both if you wish.
Note: Stop-losses aren’t guaranteed by Fortrade.
See Your Active Positions
Once you’ve placed your order, or at any time from the home screen, you can tap on the lower right “Open P&L” link to see all of your open positions.
On an existing trade, you’re free to edit your trade’s S/L or T/P, duplicate the entire trade, or close it.
Tapping the Equity link at the bottom of any screen will take you to your account information where you can see your balance, open profit/loss amount, equity, margin details, and deposit funds into your account.
It’s easy to deposit or withdraw funds from your Fortrader mobile app. Simply tap the upper left menu icon and choose Deposit or Withdraw Funds.
Contact Customer Support
You can get customer support on the Fortrader mobile app via live chat, email, or phone.
Switch to Your Practice Account
Any time the upper left menu icon is visible, you can tap it to switch between your practice account and your real account.
Here’s a detailed look at everything you can do with Fortrader Mobile.
The most important thing to know about the Fortrader mobile app is that it’s nearly identical to the browser-based version of the app (reviewed below).
You can also move between platforms seamlessly. You can open a position on your smartphone, check on it while using your laptop, and close the position on your iPad — all while using the same interface on each device.
Fortrader Mobile App’s Shortcomings
The simple, intuitive interface of Fortrader Mobile is a point in its favor except when it comes to charting. We wish that Fortrader Mobile offered more technical analysis, even for new traders.
Fortrader Browser App Review
The only difference between the browser & web apps is that there’s more screen area at your disposal.
Starting Up Fortrader
When you begin using Fortrader, the system defaults to “practice mode” and takes you through a tutorial to get you started.
These are nice touches since many other platforms simply place you in “live mode” with no instructions on how to trade using their software.
Fortrader’s main screen features a clean and simple layout:
The platform is designed simply. Beginner traders will appreciate the way the instruments are sorted by category on the left side of the screen.
When you open a trade, the ticket screen is also designed cleanly and simply.
Fortrader has fewer drawing tools and technical indicators than some more advanced charting packages like TradeStation or Interactive Brokers.
However, Fortrader offers some advanced “hand-holding” tools overlooked by some bigger firms. For example, you’ll see a link to Fortrade’s “Trading Central,” which provides actionable real-time trading advice.
Key difference: The Fortrader browser app allows for more charting options than the mobile app.
Below you can see that the charting section is a basic position management section with open and closed trades. We wished there were more functionalities and search features incorporated with this chart for more active traders.
MetaTrader 4 App Review
Since the Fortrader software is fairly basic, more active and advanced traders may opt for the MetaTrader 4 (MT4) software as an alternative.
Using the Fortrade Demo Account
After you sign up for a Fortrade account, you’ll be directed to the practice or demo account. Traders receive €100,000 in play money and can practice on it for as long as they wish.
The demo accounts look like the live accounts and traders get the same functionality.
To switch from practice trading mode to real trading mode, simply click on the “Switch to Real” button located both in the top right corner of your screen and inside your account drop-down menu.
To toggle between a demo account and a real account, you’ll need to make sure you’ve funded your Fortrade account and verified your identity. See our verification information above.
Fortrade’s Educational Resources
Fortrade has a multitude of resources on the Education tab on its website. Let’s look at a few of their offerings.
Here you can find books that explain vocabulary terms around forex and CFD, video courses for novices, advanced trading courses, and other in-depth information about various topics like capital management and trading psychology. You can also learn about short-term trading strategies.
Webinars and Guardian Angel
Fortrade hosts free webinars about forex and other trading topics.
Fortrade also has a free chatbot called Guardian Angel that can give you feedback in real-time about your trading strategy and how it affects your goals.
Guardian Angel can give you guidance like:
- Alerts on global finance trends
- Feedback on trading actions with referrals to educational content
- Notifications about changes in market sentiment
- Real-time regression analysis [Real Trading Mode only, not available on demo accounts]
News and Market Analysis
This resource contains a real-time fundamental and technical analysis of markets. There is also an economic calendar and a historical overview of markets.
Forex and CFD Trading Tools
You can also find helpful calculators that let you convert currencies, estimate pip values, and swap rates, and determine margin percentages.
Can I Trust Fortrade?
We believe Fortrade is trustworthy because it is registered with one of the leading international regulatory bodies, the Financial Conduct Authority (FCA).
The FCA regulates the firm in the United Kingdom (FCA registration number FRN 609970), while the Markets in Financial Directive (MiFID) allows the company to operate as a regulated entity throughout the European Union.
Fortrade clients can also take comfort in the fact that the broker’s financial statements are audited by Fisher Sassoon and Marks – one of UK’s specialist financial services accounting firms.
|Regulator||Countries Covered||Protection Offered||Additional Protection Offered|
|Financial Conduct Authority (FCA), Firm Reference Number (FRN): 609970.||Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, The Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK.||All client funds are held in a segregated client bank account||Financial Services Compensation Scheme (FSCS) may cover up to £50,000 if Fortrade fails.
|Cyprus Securities and Exchange Commission (CySEC), CIF license number 385/20||Austria, Bulgaria, Croatia, Denmark, Estonia, Finland, Germany, Greece, Hungary, Iceland, Ireland, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom||All client funds are held in a segregated client bank account|
|Australian Securities and Investments Commission (ASIC), ABN: 33 614 683 831 | AFSL number: 493520||Australia and New Zealand||All client funds are held in a segregated client bank account.|
|Investment Industry Regulatory Organization of Canada (IIROC)||Canada||All client funds are held in a segregated client bank account.|
|National Bank of the Republic of Belarus (NBRB), Firm Reference Number (FRN): 193075810||Belarus|
Fortrade is operated by Fortrade Limited. The privately held firm was incorporated in the United Kingdom in 2013, under the name Integrisafe Ltd. The firm changed its name to Fortrade and registered with the FCA in 2014.
Fortrade’s headquarters are located in London, United Kingdom.
Fortrade Customer Support
Fortrade provides customer support via phone or live chat 12 hours a day between 9 am and 9 pm GMT Monday through Friday. After hours, traders can send an email or leave their number to get a callback.
Traders can view the Fortrade website in:
Fortrade’s website states that customer support via phone is also available in multiple languages but doesn’t specify which languages in addition to English.
Who Runs Fortrade?
The CEO of Fortrade Ltd., since April 2015, has been Nick Collison. Nick has over 20 years of Senior Management experience within the financial services industry including proprietary trading, fully systematic algorithmic trading, and forex & CFD matched principal broking.
Prior to and contemporaneous with joining Fortrade, Nick Collison served as a Director at Saxon Cambridge Algorithmic Research Ltd.
Is Fortrade legitimate?
Fortrade is a legitimate brokerage firm that is regulated by the FCA and authorized to provide services in the EU via MiFID. Fortrade’s UK customers are protected by the UK-based Financial Services Compensation Scheme (FSCS) which pays compensation up to £50k to customers in the United Kingdom if Fortrade is unable to pay.
What does Fortrade mean?
Fortrade is a portmanteau of the English words “for” and “trade,” which together suggest that the firm facilitates trades. In this context, “trade” is a reference to buying and selling stocks and other derivatives. Fortrade specializes exclusively in trading Contracts for Difference (CFDs).
How do I trade in Fortrade?
Trading in Fortrade takes place on either its Fortrader platform (for beginners and intermediate traders) or its MetaTrader 4 (MT4) platform for advanced traders. When you sign up for an account on Fortrade, a tutorial will walk you through the steps of executing your first trade.
How do I withdraw money from Fortrade?
To withdraw money from Fortrade, choose Deposits/Withdrawal from the menu on the upper right corner of the platform’s main screen. Next, enter the amount you’d like to withdraw and choose how you would like the withdrawal paid out, including your deposit account information. Withdrawal requests are turned around within two business days.
For wire transfer withdrawals, you must also provide bank statements as documentation. For more information on requirements, see our Withdrawals section above.
Credits: Original Fortrade review written by Lawrence Pines. Major updates and additions in May 2020 by Natalie Mootz with contributions from the Commodity.com editorial team.