Fortrade is an international Forex broker, that is licensed and authorised in multiple countries including the FCA in England and ASIC Australia.
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, register here.
Is Fortrade a Legit Broker?
Yes, ForTrade is a licensed and regulated broker, that if fully regulated in multiple jurisdictions.
- United Kingdom: Fortrade Limited is licensed and regulated by the FCA (Financial Conduct Authority) in the United Kingdom. Their FCA Reference number is 609970, and they have been a licensed broker 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 the National Bank of the Republic of Belarus, as well as from CySEC in Cyprus.
The most important thing to check when researching a broker, is to see that they have a valid brokers license. On Scam Broker Investigator, you can find reviews of more than 600 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.
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.
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