Fortrade is an international Forex broker, that is licensed and regulated in many jurisdictions. Founded and based in London, they have been FCA regulated since 2014. This makes them a well established, legitimate and reputable broker
Their main phone number is in the United Kingdom: +442039664505. Customer service contact email address is: [email protected].
Official Website: https://www.Fortrade.com/.
Fortrade Broker Review
Our objective review of Fortrade shows, that they are providing their investors and day traders with a large variety of underlying assets to trade. Available assets include; Forex Pairs, Crypto Currencies, Market Indexes, Stocks, Metals, Energy Products, Agriculture Products, US Treasuries and ETFs.
In addition to MetaTrader4, their bespoke trading platforms are easy to use, and you have three options. Fortrader Pro Web, a desktop software and mobile trading apps for both Android and iOS, look here.
They offer on their order types, stop loss and profit taking features. Leverage on Forex CFD trading is as high as 1:200 for professional traders, and up to 30:1 for retail traders. As a truly global broker, their website is available in the following languages: English, German, Spanish, Italian, Swedish, Croatian, Nederlands, Portuguese and more.
Minimum deposit requirement for a new trading account is $100, however most people start with their Free Demo Account, see here.
Is Fortrade a Legit Broker?
Yes, ForTrade is a licensed and regulated broker, that if fully regulated in multiple jurisdictions. The most important thing to check when researching your broker, is to see that they have a valid license.
- United Kingdom: Fortrade Limited is licensed and regulated by the FCA (Financial Conduct Authority) in the United Kingdom. FCA Reference number is 609970 (FCA Website), and they have been authorised since April 17th 2014. Official address is at: Michelin House, 81 Fulham Road, London, SW3 6RD, United Kingdom.
- Australia: Fort Securities Australia Pty Ltd, located at Level 5, 20 Bond Street, Sydney Australia, NSW2000 is is licensed and regulated by ASIC, ABN: 33 614 683 831, AFSL number: 493520.
- Canada: Fortrade Canada Limited is a member of the Investment Industry Regulatory Organization of Canada (IIROC). They are located at: 1200 Waterfront Centre, 200 Burrard Street, P.O. Box 48600, Vancouver BC V7X 1T2.
This broker also holds a European Union license from CySEC in Cyprus license 385/20, a license from FSC Mauritius.
On Scam Broker Investigator, you can find reviews of more than 900 brokers and trading apps. Smart people only invest with a licensed broker, because there are way too many investment scams online today. By using a licensed and regulated broker, you know your money is safe, and the company is monitored by the government regulators.
An important component of our broker reviews, is the comments left by their customers on our website. When dealing with a bad broker, the comments get filled up quickly. Take a look at the comments on our ForTrade review, and see if any of them are negative.
Compare Popular Brokers
When comparing the CFD and Forex brokers, it is always important to check that your broker is actually licensed to operate in your country. There are many brokers to choose from, but ultimately, traders only use legitimate brokers with a license. You can see other popular Forex brokers on the best Forex brokers page.
AvaTrade is a popular broker that is regulated in many countries, and they also offer Social Trading. Check out their AvaSocial trading app, and start trading with only $100, see here.
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