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Fortrade group includes several related companies.
Fortrade AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).
Fortrade CA - located in Canada, regulated by the Canadian Investment Regulatory Organization (CIRO).
Fortrade UK - located in the United Kingdom, regulated by the Financial Conduct Authority (FCA).
Fortrade CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).
Fortrade MU - located in Mauritius, regulated by the Financial Services Commission (FSC).
Be aware, UK and CY brokers are subject to some trading restrictions imposed by the European Securities and Markets Authority (ESMA).
Unfortunately, ASIC has also placed some trading restrictions on AU brokers since late March 2021 (such as restrictions on trading leverage).
At the same time, MU brokers are free from common restrictions imposed in the EU and Australia, so one can open a trading account there.
Fortrade group accepts clients from all over the world, excluding USA and most OFAC sanctioned and FATF blacklisted countries.
Forex broker offers the following underlying assets for trading.
| 50+ Currency Pairs | Based on major and minor world currencies. |
| 18 Indice CFDs | Based on baskets of different blue-chip stocks and US Dollar Index. |
| 12 Metal CFDs | Based on Gold, Silver, Platinum, Palladium, Copper. |
| 5 Energy CFDs | Based on Crude Oil (WTI, Brent), Gasoline, Heating Oil, Natural Gas. |
| 6 Soft CFDs | Based on Cocoa, Corn, Cotton, Soybeans, Sugar, Wheat. |
| 3 Bond CFDs | Based on US government securities. |
| 300+ Stock CFDs | Based on shares of AU, US, CA, UK, EU, HK companies. |
| 3 ETF CFDs | Based on exchange-traded funds containing various tradable assets. |
Fortrade is a global forex broker with local branches registered in Australia, Canada, the UK, Cyprus and Mauritius. The broker has been active in the industry all the way since 2014, and today offers a large selection of trading instruments to traders in almost all countries, except the United States and a few sanctioned countries.
One thing that stands out about Fortrade is the wide selection of stocks that are available for trading. This includes stocks from more than 300 companies listed in the US, Australia, Canada, the United Kingdom, the European Union, and Hong Kong. This is far more than what most other forex brokers offer in terms of stock trading, and makes Fortrade an attractive option for those interested in trading in the stock market.
In addition to stocks, Fortrade offers trading in more than 50 forex pairs, almost all large global stock indices, popular commodities like gold, silver, oil and natural gas, US government bonds, and a few exchange-traded funds (ETFs).
As with most forex brokers we have reviewed on FX-List, all of the assets from Fortrade are offered as contracts-for-difference (CFDs). This means that they are essentially derivatives of the underlying asset, which is the reason why they can be traded with such high leverage and low margin requirements. It's also worth noting that CFDs make it easy to short assets, meaning money can be made regardless of whether the market is moving up or down.
As its main trading platform, Fortrade offers its own web-based system known simply as Fortrader. The platform is well-designed, with clear yet advanced charts, and includes access to most of the technical analysis tools that a trader would need.
For those who prefer even more advanced trading tools, however, the MetaTrader 4 (MT4) platform is offered as an additional option. As usual, this platform is available in versions for web, desktop, and as a mobile app.
Fortrade trading accounts can be funded with common payment methods such as MasterCard and Visa cards, and popular e-wallets like Skrill, Neteller and PayPal. Unfortunately, this broker does not support funding or withdrawals via cryptocurrency.
To contact Fortrade's customer support team, clients can use either live chat, email, or phone. A nice extra benefit here is that Fortrade is among the forex brokers that has local phone support in some of its key markets, including in Cyprus, Spain and Hungary in the EU. We are also happy to see that Fortrade's customer support team is available 24 hours a day on all trading days (Monday to Friday).
In summary, we should reiterate that Fortrade is a large international forex broker, with fully regulated entities in many parts of the world. This means that credible government agencies are overseeing how the broker operates, and this should therefore serve as reassurance for many traders who are considering this broker. Given that Fortrade has a track record going all the way back to 2014, we therefore think of this as a serious broker that could be a good option for CFD and forex traders from many parts of the world.
