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Fortrade review

Fortrade review

Fortrade is a broker that has been around since 2011, and it’s well-known for CFD trading and investing in “binary options”. They got licensed by the FCA in 2014, and have been thriving ever since. They offer a good bonus on trader deposits, have three(!) trading platforms you can use, and they have a ton of educational resources you can read as a member. If you want to know more about Fortrade, you could read a full Fortrade review, or you could read on. We’ll list some important bullet points of information about this broker below.  

 

Essential information about Fortrade

If you don’t want to read a full Fortrade review, you might want to read the list below. We’ve written out some of the essential information could be useful to you as a potential future Fortrade member.

  1. You can choose from three trading platforms that Fortrade offers to their members: There’s a desktop trading platform, a mobile trading platform, and a web trading platform (no download required, in browser only). 
  2. Fortrade has 300 tradeable assets.
  3. Fortrade offers a good bonus on trader deposits, something not all brokers do.
  4. If you’re looking to get educated on the topic of investing, Fortrade is there for you; read their e-books, watch their videos on technical analysis or read their top-tier trading strategies.
  5. Fortrade does not charge commissions, but their spreads are considered large.
  6. Fortrade offers a free, unlimited demo. This means you can poke around in their platform, make a couple of fake investments, and generally just find your way around, without having to invest any real money.

Frequently asked questions

Is Fortrade a regulated and licensed broker?

Yes, Fortrade is licensed by the FCA (Financial Conduct Authority) since 2014. The broker has been operating since 2011 and is well-established in the CFD trading and binary options industry.

How many trading platforms does Fortrade offer?

Fortrade provides three trading platforms: a desktop platform, a mobile platform, and a web-based platform that requires no download. This gives traders flexibility in how they access their accounts.

What educational resources does Fortrade provide?

Fortrade offers comprehensive educational materials including e-books, videos on technical analysis, and top-tier trading strategies to help members improve their investing knowledge and skills.

Does Fortrade charge commissions on trades?

No, Fortrade does not charge commissions. However, the broker compensates through spreads, which are considered relatively large compared to some competitors.

Can I try Fortrade without depositing real money?

Yes, Fortrade offers a free, unlimited demo account. You can practice trading with fake investments and explore the platform features without risking any real money.