Fortrade Information

Founded in 2013, Fortrade is a regulated mult-asset broker registered in Hong Kong, offering trading in CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries on Fortrader and MT4 trading platforms.

Pros and Cons

Is Fortrade Legit?

Fortrade currently holds multiple regulatory licenses, including

• Australia Securities & Investment Commission (ASIC)
• Financial Conduct Authority (FCA)
• Cyprus Securities and Exchange Commission (CySEC)
• Canadian Investment Regulatory Organization (CIRO)
• National Bank of the Republic of Belarus (NBRB)

Regulated Country	Regulated by	Regulated Entity	License Type	License No.
	ASIC	FORT SECURITIES AUSTRALIA PTY. LTD.	Market Making(MM)	000493520
	FCA	Fortrade Limited	Market Making(MM)	609970
	CySEC	Fortrade Cyprus Ltd	Market Making(MM)	385/20
	CIRO	Fortrade Canada Limited	Market Making(MM)	Unreleased
	NBRB	Fort Securities BLR Limited Liability Company	Retail Forex License	193075810

What Can I Trade on Fortrade?

Fortrade offers a wide range of market instruments, including CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries.

Account Type

Fortrade provides demo accounts and Islamic accounts.

The demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Islamic users are allowed to open Islamic accounts with no swap fees. Clients following the Muslim faith can open a forex & CFD trading account without any rollover interests on overnight positions swap interests).

Leverage

The maximum leverage is 1:200, meaning that profits and losses are magnified 200 times. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Trading Platform

Fortrade cooperates with the authoritative MT4 trading platform and a propriety trading platform - Fortrader, available on the Web, Windows, and Mobile (iOS and Android).

Deposit and Withdrawal

The minimum deposit is €/$/£ 100. Fortrade accepts Mastercard, Visa, Skrill, Neteller, and PayPal for deposit and withdrawal.

Matsui Information

Matsui Securities, regulated by Japan's FSA, offers financial instruments including Japanese and US stocks, investment trusts, FX, futures and options, NISA, iDeCo, and MMFs. They provide various trading platforms for both mobile and PC, and notably feature free deposits and withdrawals.

Pros and Cons

Is Matsui Legit?

Matsui has a Retail Forex License regulated by the Financial Services Agency (FSA) in Japan with a license number of 関東財務局長(金商)第164号.

What Can I Trade on Matsui?

Matsui offers diverse financial products, including Japanese stocks, US stocks, investment trusts, FX, futures and options, NISA, iDeCo, and MMFs. Their services cover banking, account management, deposits/withdrawals, points service, and more.

Account Type

1. For private customers, Matsui offers two main account types: General Account for all transactions, including Japanese and US stocks, and FX Dedicated Account for only FX trading. You can open either account for free.

1. For Minors, Matsui offers a free account opening if a parent or guardian already has an account. If not, you can request information for parental and minor accounts.

1. For corporate customers, Matsui offers a free account opening.

Matsui Fees

Spreads: Matsui offers spreads for major currency pairs, including USD/JPY at 0.2-0.9 sen, EUR/JPY at 0.5 sen, AUD/JPY at 0.7 sen, and EUR/USD at 0.4 pips.

Commissions: Matsui's spot trading features a flat “Box Rate” fee structure based on the total daily contract price. Customers aged 25 or younger (including minors) enjoy commission-free trading. For those older, fees start at JPY 0 for up to 500,000 yen and increase with the total contract value.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

Matsui charges no fees for deposits and withdrawals.