Fortrade Review 2026
Regulated broker with real licence numbers.
Fortrade is a regulated CFD broker founded in 2013. It holds a FCA licence under number 609970.
The basics
Fortrade was founded in 2013 and is headquartered in London, United Kingdom. It is privately owned. The broker offers CFDs on 300 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2013 |
| Headquarters | London, United Kingdom |
| Instruments | 300+ |
| Platforms | MT4, Fortrader |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is Fortrade safe?
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.
| Regulator | Licence | Entity |
|---|---|---|
| FCA | 609970 ✓ | Fortrade Limited |
You can verify the FCA licence at register.fca.org.uk. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Fortrade spreads
These are the typical spreads on Fortrade's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | 0.9 pips pips |
| GBP/USD | 1.2 pips pips |
| USD/JPY | 1.0 pips pips |
| Gold (XAU/USD) | 24c/oz |
| S&P 500 | 0.5pt |
Fortrade's EUR/USD spread of 0.9 pips pips is competitive for a retail broker without a per-trade commission.
Fortrade withdrawal fee and processing time
Fee: None. Fortrade does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Fortrade minimum deposit by entity
The minimum deposit depends on which Fortrade entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Fortrade Limited | FCA 609970 | $100 | 1:30 |
Fortrade vs eToro
| Fortrade | eToro | |
|---|---|---|
| Primary regulator | FCA 609970 | FCA 583263 |
| Min deposit | $100 | $50 |
| EUR/USD spread | 0.9 pips pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 300+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. Fortrade suits traders who value MetaTrader and algorithmic trading. eToro is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| FCA | 609970 — Fortrade Limited |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules.
Pros and Cons
What works
- FCA regulated — Fortrade Limited
- MetaTrader 4 and 5 available
- No inactivity fee
What does not work
- No copy trading
- No real stock ownership — CFDs only
The verdict
Fortrade is a legitimate, regulated broker. The FCA licence number 609970 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to Fortrade
If Fortrade does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is Fortrade safe?
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent. Fortrade holds FCA licence 609970, which is publicly verifiable on the official register.
What is the Fortrade minimum deposit?
The minimum deposit is $100. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Fortrade EUR/USD spread?
The EUR/USD spread on Fortrade standard accounts is typically 0.9 pips pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Fortrade take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Fortrade charge withdrawal fees?
None. Fortrade does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Fortrade have MetaTrader?
Yes. Fortrade supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.