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Fortrade , Ontega Broker Comparison

Do you want to know which is the better broker between Fortrade and Ontega ?

In the table below, you can compare the features of Fortrade , Ontega side by side to determine the best fit for your needs.

Rating
Basic Information
Trading Env.
Account Info
Related News
Relevant Exposures

2 / 3 forex brokers comparison in total

Rating

Score

Regulatory Status

WikiFX Guarantee

WikiFX Survey

Risk Evaluation

Exposure

Basic Information

Est. Date

Regulatory License

MT4

MT5

Crypto

Deposit/Withdrawal Methods

Trading Env.

Trading Environment Rating

Execution Speed

Trading Speed Rating

Average Execution Speed

Minimum Execution Latency

Minimum Open Latency

Minimum Close Latency

Maximum Execution Latency

Maximum Open Latency

Maximum Close Latency

Slippage

Slippage Rating

Average Slippage

Max Slippage

Maximum Positive Slippage

Maximum Negative Slippage

Trading Cost

Trading Cost Rating

Average Trading Cost
(EURUSD)

Average Trading Cost
(XAUUSD)

Swap

Swap Rating

Average Trading Cost
(EURUSD)

Average Trading Cost
(XAUUSD)

Disconnection Instances

Disconnection Rating

Avg. Disconnection Frequency (/day)

Avg. Reconnection Time

Account Info

Accounts

Account Name

Trading Instruments

Minimum Deposit

Maximum Leverage

Typical Spread

Stop-Out Level

Spread Types

Minimum Trade Size

Crypto

Lock Position

Scalping

EA Trading

8.11

Regulated

Under guarantee

2 risk warning

8 user-reported exposures

10-15 years

ASIC,FCA,CIRO,CYSEC,NBRB

1.58

Unverified

Under guarantee

4 risk warning

24 user-reported exposures

5-10 years

VFSC

Fortrade BrokerRelated News

Fortrade 、 Ontega BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do fortrade and ontega have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

fortrade

Fortrade Review Summary
Founded	2013
Registered Country/Region	Hong Kong
Regulation	ASIC, FCA, CySEC, CIRO, NBRB
Market Instruments	CFDs on currencies, stocks, indices, precious metals, energy products, agriculture products, and US treasuries
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:200
EUR/USD Spread	Floating around 2.5 pips
Trading Platform	Fortrader, MT4
Min Deposit	€/$/£ 100
Payment Methods	MasterCard, Visa, Skrill, Neteler, PayPal
Customer Support	24/5 live chat, contact form
	Tel: +44 204 571 7564
	Email: infomu@fortrade.com, support@fortrade.com
	Facebook/Twitter/YouTube
Restricted Regions	The United States and Belgium

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

Pros	Cons
24/5 live chat support	No 24/7 customer support
Regulated well	Clients from the United States and Belgium are not accepted
MT4 available	Wide EUR/USD spread
Demo accounts available	Negative comments about the difficulty in withdrawing money
Various tradable instruments
Swap free

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.

Tradable Instruments	Supported
CFDs	✔
Currencies	✔
Stocks	✔
Indices	✔
Precious metals	✔
Energy products	✔
Agriculture products	✔
US treasuries	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

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).

Trading Platform	Supported	Available Devices	Suitable for
Fortrader	✔	Web/Mobile (iOS/Android)	-
MT4	✔	Web/Windows/Mobile (Android)	Beginners
MT5	❌	-	Experienced traders

Deposit and Withdrawal

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

ontega

Ontega Review Summary
Founded	2016
Registered Country/Region	Vanuatu
Regulation	VFSC (Unverified)
Market Instruments	Forex, Commodities, Indices, Shares, Cryptos
Demo Account	❌
Leverage	Up to 1:200
Spread	/
Trading Platform	Ontega platform
Minimum Deposit	$200
Customer Support	Phone: +23412278918
Customer Support	Email: Customer.Service@ontega.com

Ontega Information

Founded in 2016, Ontega is an online broker registered in Vanuatu, offering a variety of trading instruments including Forex, Commodities, Indices, Shares and Cryptos. The minimum deposit is $200.