Fortrade is an established in the UK in 2013 provider of products and services for online foreign exchange and CFD trading. The wide range of trading assets includes more than 200 currency pairs including Cryptocurrencies like Bitcoin, all majors and minors, along with exotics, index, stock, precious metals, energies and commodity CFDs.
The company aim has always been to make online trading more accessible, enjoyable and profitable. Hence, Fortrade opening deposits as low as 100$, tight and competitive spreads (that are varies according to the trading instrument and start from 4 pips for forex), leverage ratios of up to 200:1, and a variety of bonuses and promotions are designed for this purpose.
To make a good decision is mostly very confusing process, thus the broker tries to simplify the issue by developing technology that provides a simple environment, yet includes powerful features for experienced traders.
In order to be successful in trading, you should also invest in education, to explore existing resources and create customized trading methods. The Fortrade fully supports that strives also while bringing comprehensive educational tools and generated the best possible data along with trading features. The number of webinars, market research data, and analysis together with Trading Central option is at the client’s toolbar. Trading Central is in continuous partnership with Fortrade, which offers a complete package of technical analysis tool to help in wisest decisions regarding the trading orders. Of course, there is no possibility no give any guarantee, yet the more trader know and understands the less left to pure luck.
Licenses, Regulations & Security of funds:
When it comes to online trading, security is paramount to understanding that your capital is secured and protected by the law regulations. Fortrade is authorized and regulated by the Financial Conduct Authority (UK) one of the most serious organizations that regulate financial services companies in order to protect consumers, financial markets and promote competition.
Therefore, the broker operates under full compliance with the restrictions and provides a secure trading environment for all transactions, keeping client’s funds in segregated accounts and in the unlikely event protected by FSCS scheme.
Trading Platforms and Tools:
In the world of online trading, market access is everything while being able to trade 24-hours a day at any place. To meet that demand, the Fortrade team of developers designed a line of fully-scalable trading platforms which enables to monitor global financial markets and derivatives, capitalize on price movements at the time and place most convenient. The proprietary platforms available in three versions Fortrader Web, Fortrader Desktop and Fortrader Mobile that gives an ability to access trading throughout any convenient way, either on the go, by browser or by installed version.
Nevertheless, the company still offers as an option MetaTrader4, which is accessible through various version for desktop, web and mobile accordingly. The platform features leading indicators, oscillators, EA strategies and automated desktop station.
Fortrade offers a rapid execution with no middle person in the process, thus all orders execute in real-time with no commissions or fees.
Firstly client will sign in for the practice mode account that delivers real trading with an option to discover all features of the platform with the notional sum of 10,000$. When the client is ready to switch to real trading mode, he can easily click to the real account through the platform feature. There is no option between the different account, yet the options and conditions may vary according to the trading sizes and trader’s deposits. While the company recommends a minimum initial deposit of 500$, it is possible to start trading with as little as 100$.
In addition, Foretrade offers two types of bonus that may be applied to the trading account, the Balance Bonus and the Credit Bonus. Balance Bonus is the standard bonus, which may be received upon the first deposit to the trading account and is entirely at Fortrade’s discretion. Credit Bonus is an alternative bonus with additional Terms and Conditions, it is also entirely at Fortrade’s discretion.
However, the information on the site along with provided services is not directed at residents of the United States or Belgium.
Deposits and Withdrawals:
Fortrade supports several ways of deposit or withdrawal funds to or from the trading accounts and accepts a range of options including all major credit/debit cards, bank transfers, Neteller and Skrill.
Withdrawals to credit and debit cards can be only for the amount deposited, yet the client can choose from 3 alternative methods for withdrawing additional funds that exceed the sum of the original credit/debit card, which is Wire transfer or Skrill. As well, Fortrade can refund deposits made via Credit Card however these are limited to the amount that was originally deposited and to a time limit of 18 months.
The Fortrade review shows an intuitive trading platform that has been designed to make online trading simple, fast and friendly. Whether you’re a completely new or a seasoned trader, you can find the right fit with the broker. The low deposit to start, along with well developed educational programs and up to date market information is a helpful tool for the new to trading. As well as the bonus programs making trading affordable.
Fortrade’s passion for innovation and service has enabled them to grow and expand into new markets to offer products and to serve growing demand for both retail and institutional clients across the globe. Nevertheless, the company provides with a 100% safe, secure, licensed and regulated trading environment as per their reputable regulator FCA.
In addition, Fortrade established a fair trading environment which does not hide any concerns. there are no commissions, no hidden fees and no conflicts of interest.