All Share (J203) = 89 573
Rand / Dollar = 18.38
Rand / Pound = 23.80
Rand / Euro = 19.90
Gold (usd/oz) = 3 083.81
Platinum (usd/oz) = 984.27
Brent (usd/barrel) = 72.37
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Fortrade Review

ForTrade Review South Africa

 

Overall, Fortrade can be summarised as a safe broker that provides competitive spreads on Contracts for Difference (CFDs). It offers 100+ trading instruments with a trust score of 98 out of 100.  Fortrade is regulated and supervised by the Financial Services Commission (FSC).

 

🔎 Broker🥇 Fortrade
💰 Minimum Deposit$100 USD
📌 RegulationFCA
💻 MetaTrader4✅ Yes
📈 Max Leverage1:100
🆓 Demo Account☑️ Yes
📊 Spreads from2 Pips
✋ Inactivity Fee✅ Yes
🚀 Open an Account👉 Click Here

 

Min Deposit

USD 100

Regulators

FSC

Trading Platform

MT4, Proprietary Platform

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

Fortrade Review – Analysis of  Brokers’ Main Features

 

  1. Fortrade Overview
  2. Fortrade Safety and Security
  3. Fortrade Sign-Up Bonus
  4. Fortrade Balance Bonus
  5. Fortrade Credit Bonus
  6. Fortrade Minimum Deposit
  7. Fortrade Account Types
  8. How to Open a Fortrade Account – A Step-By-Step Guide
  9. Fortrade Islamic Account
  10. Fortrade Demo Account
  11. Fortrade Trading Platforms
  12. Fortrade Fees, Spreads, and, Commission
  13. Fortrade Deposit and Withdrawal
  14. Fortrade Affiliate Program
  15. Fortrade Best Countries by Traders
  16. Fortrade vs AccentForex vs Capital.com – A Comparison
  17. Fortrade Customer Reviews
  18. Fortrade Current Popularity Trend
  19. Fortrade Pros and Cons
  20. Conclusion
  21. Frequently Asked Questions

 

Fortrade Review

 

Fortrade Overview

 

Fortrade is a market-leading provider of online foreign exchange products, services, and platforms.  Fortrade offers access to a wide range of trading instruments including 50+ currencies, 300 stock CFDs, and dozens of indices and commodities.

 

🔎 Broker🥇 Fortrade
💰 Minimum Deposit$100 USD
📌 RegulationFCA
💻 MetaTrader4✅ Yes
📈 Max Leverage1:100
🆓 Demo Account☑️ Yes
📊 Spreads from2 Pips
✋ Inactivity Fee✅ Yes
🚀 Open an Account👉 Click Here

 

Fortrade Landing Page

 

Fortrade Safety and Security

 

Fortrade is regulated and supervised by the Financial Services Commission (FSC) and Fortrade Client funds are fully protected in accordance with the strictest rules and regulations.

 

Fortrade Safety and Security

 

Fortrade Sign-Up Bonus

 

Fortrade does not offer a Sign Up Bonus. Fortrade also does not offer a welcome or deposit bonus or the advantage of a no-deposit bonus when traders register a real account for the first time.

 

🔎 Broker🥇 Fortrade
✒️ Sign Up BonusNo
🤝 Welcome BonusNo
💸 No-Deposit BonusNo
🎉 Balance Bonus✅ Yes
❤️ Credit Bonus✅ Yes
🚀 Open an Account👉 Click Here

 

Fortrade Sign Up Bonus

 

Fortrade Balance Bonus

 

Fortrade makes a standard, balance bonus available that may be received when a trader makes a deposit to their account.  However, the Fortrade Balance Bonus is only given at Fortrade Mauritius Ltds’ discretion.

 

Fortrade Balance Bonus

 

Fortrade Credit Bonus

 

The Fortrade Credit Bonus is an alternative bonus made available to Fortrade traders.  The Fortrade Credit Bonus has additional Terms and Conditions and is entirely accredited at Fortrade Mauritius Ltds’ discretion.

 

Fortrade Credit Bonus

 

Fortrade Minimum Deposit

 

The minimum deposit required to open a Fortrade Account is $100 USD.  Fortrade makes a single live trading account type available, with an Islamic, Swap-Free account option on request.

 

🔎 Broker🥇 Fortrade
💰 Minimum Deposit$100 USD
📌 Account TypesSingle
🚀 Open an Account👉 Click Here

 

Fortrade Minimum Deposit

 

Fortrade Account Types

 

Fortrade makes a single live trading account type available, with an Islamic, Swap-Free account option on request.  The minimum deposit required to open a Fortrade Account is $100 USD.

 

🔎 Broker🥇 Fortrade
💰 Minimum Deposit$100 USD
📌 Account TypesSingle
🚀 Open an Account👉 Click Here

 

Fortrade Account Types

 

How to Open a Fortrade Account – A Step-By-Step Guide

 

1.  Step 1:  Start the registration process.

A Fortrade Account can be opened by completing a simple one-step process.  the online registration / Sign-Up form can be found throughout the Fortrade webpage and by clicking on the blue “Sign Up” button located at the top right of the Fortrade landing page.

 

Fortrade Account

 

Fortrade Islamic Account

 

Fortrade offers Islamic swap-free trading on a standard trading account level. Fortrade offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.

 

🔎 Broker🥇 Fortrade
☪️ Islamic Account✅ Yes
📌 RegistrationOn Request
💰 Min. Balance$2000 USD
🚀 Open an Account👉 Click Here

 

Fortrade Islamic Account

 

Fortrade Demo Account

 

Fortrade does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment.  The Fortrade demo account does not expire.

 

🔎 Broker🥇 Fortrade
📌 Account🆓 Demo
💸 Virtual Funds€10,000
⏳ Expiry PeriodNone
💰 Min. DepositFree
🚀 Open an Account👉 Click Here

 

Fortrade Demo Account

 

Fortrade Trading Platforms

 

Fortrade makes the award-winning MetaTrader4 trading platform plus the Fortrade proprietary platform available.

 

Fortrade Trading Platforms

 

Fortrade Fees, Spreads, and, Commission

 

Trading with Fortrade will involve fees from $10 USD, spreads from 2 pips, and commission-free trading depending on the account traders selected.

 

🔎 Broker🥇 Fortrade
🔁 Spreads from2 Pips
📈 Max Leverage1:100
✋ Inactivity Fee$10 USD
💰 Min. Deposit$100 USD
🚀 Open an Account👉 Click Here

 

Fortrade Fees and Spreads

 

Fortrade Deposit and Withdrawal

 

Fortrade accepts a wide range of popular deposit options including all major credit/debit cards, bank transfers, and Neteller. Withdrawals from Fortrade may take between 5 and 15 days to process, depending on the method of withdrawal selected.

 

Fortrade Deposit and Withdrawal

 

Fortrade Affiliate Program

 

Fortrade does make a partnership option available in the form of an affiliate program.    Fortrade affiliates will be provided with professional marketing materials and earn commissions for successfully referring clients to Fortrade.

 

Fortrade affiliate program

 

Fortrade Best Countries by Traders

 

🌍 Country of Trade📌 % of Traders
🥇 Canada33.40
🥈 United Kingdom14.24
🥉 Croatia9.30
🏅 Australia9.06
📍 Macedonia5.65

 

Fortrade Best Countries

 

Fortrade vs AccentForex vs Capital.com – A Comparison

 

🔎 Broker🥇 Fortrade🥈 AccentForex🥉 Capital.com
🎉 Sign Up BonusNo✅ YesNo
💰 Min. Deposit$100 USD$50 USD$20 USD
💻 MetaTrader4✅ Yes✅ Yes✅ Yes
📈 Leverage1:301:5001:30
🔁 Spreads from2 Pips3 Pips1.3 Pips
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

Fortrade Customer Reviews

 

Excellent.

I have been using Fortrade for a couple of months and have found it to be a very useful and trustworthy platform. The assistance and tools they provide are excellent. – Hendri

 

TrustPilot 5 Stars

 

Great Support.

Fortrade offers a great level of customer support for Beginner Traders. a Great place to start. – Inge

 

TrustPilot 4 Star

 

Best Broker.

Fortrade offers great customer service and the overall support is fantastic. – Werner

 

TrustPilot 3 Star

 

 

Fortrade Current Popularity Trend

 

According to Google Trends, here is an overview of how frequently the search term “Fortrade” is entered into Google’s search engine over a given period of time.

 

Fortrade Google 1

 

Fortrade Pros and Cons

 

✅ Pros❌ Cons
Well-RegulatedLengthy withdrawal process
Excellent tutorialsMT5 not made available
Great Customer SupportNo Crypto trading

 

 

Min Deposit

USD 100

Regulators

FSC

Trading Platform

MT4, Proprietary Platform

Crypto

No

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

 

Conclusion

 

Overall, Fortrade can be summarised as a safe broker that is regulated and supervised by the Financial Services Commission (FSC).

 

 

You might also like:  Fortrade Review

You might also like:  Fortrade Sign-Up Bonus

You might also like:  Fortrade Minimum Deposit

You might also like:  Fortrade Islamic Account

You might also like:  Fortrade Fees, Spreads, and, Commission

You might also like:  Fortrade Demo Account

You might also like:  Fortrade Account Types

 

 

Disclaimer

 

Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader.  Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital.

 

 

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original investment.

 

 

Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This evaluation is comprised of positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered as financial advice and traders are urged to seek professional financial advice before making any investment or trading decisions.

 

 

Frequently Asked Questions

 

Who is Fortrade?

Fortrade is a market-leading provider of online foreign exchange products, services, and platforms.

 

Is Fortrade a well-regulated broker choice?

Yes, Fortrade is regulated and supervised by the Financial Services Commission (FSC).

 

Does Fortrade have any bonus offers or promotions?

Yes, Fortrade makes a standard, balance bonus and Fortrade Credit Bonus available.

 

How do I open a Fortrade Account?

A Fortrade Account can be opened by completing a simple one-step process.

 

What does Fortrade have on offer?

Fortrade offers access to a wide range of trading instruments including 50+ currencies, 300 stock CFDs, and dozens of indices and commodities.

 

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

December 27, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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