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+44 203 966 4506
|Company Name||Fortrade Ltd|
|Years of Establishment||2-5 years|
|Tradable Assets||Forex, Commodities, Stocks, Indices|
|Account Types||Standard Account, Pro Account, VIP Account|
|Leverage||Up to 1:1000|
|Spread||As low as 0.1 pips|
|Deposit/Withdrawal Methods||Credit/Debit Cards, Bank Transfers, E-wallets|
|Trading Platforms||MetaTrader 4, MetaTrader 5|
|Customer Support||Phone, Email|
Fortrade Ltd is a trading platform established within the past 2-5 years, headquartered in the United Kingdom. It offers access to various financial instruments, including Forex, commodities, and stocks. Additionally, indices like Facebook, Apple, and Microsoft are available for trading. The company provides different account types to cater to traders' needs, ranging from Standard, Pro, to VIP accounts, each with varying leverage and spreads. The Standard account requires a minimum deposit of $100, while the Pro and VIP accounts have higher minimum deposits of $500 and $5000, respectively.
Traders can benefit from a choice of deposit and withdrawal methods, including credit/debit cards, bank transfers, and e-wallets such as Neteller, Skrill, and wire transfer. Fxlider's trading platform is based on MetaTrader 4 and MetaTrader 5, providing users with the necessary tools for their trading endeavors. Customer support is available through phone and email channels. Additionally, there is no accessible website for Fxlider, so searching specific information or company updates is impossible.
Fortrade Ltd has been labeled as a suspicious clone by the Financial Conduct Authority (FCA) in the United Kingdom and is therefore unregulated. This designation indicates that the company is suspected of imitating or cloning another authorized and regulated entity, potentially leading to fraudulent activities or scams.
A “clone” status in regulatory terms refers to an unauthorized entity that mimics the identity and branding of a legitimate and regulated company. These clones often use similar names, websites, and contact details to deceive individuals into believing they are dealing with the authorized entity. The risks associated with such regulation lie in the fact that these unauthorized entities are not subject to any regulatory oversight or consumer protection measures. As a result, customers who engage with a suspicious clone like Fortrade Ltd may expose themselves to potential financial scams or fraudulent schemes, as there is no guarantee of the company's legitimacy or adherence to regulatory standards.
Fortrade Ltd offers a wide range of tradable assets, encompassing Forex pairs such as EURUSD and GBPUSD, commodities like Gold and Crude Oil, well-known stocks including USA500, and indices featuring popular companies like Facebook, Apple, and Microsoft. Traders can also benefit from multiple account types tailored to their experience levels, ranging from Standard, Pro, to VIP accounts, each with varying leverage and spreads. The availability of deposit and withdrawal options, including credit/debit cards, bank transfers, and e-wallets like Neteller and Skrill, enhances convenience for clients. Moreover, the integration of the trusted MetaTrader 4 and MetaTrader 5 trading platforms equips traders with essential tools for their trading activities.
Fortrade Ltd's unregulated status, coupled with the absence of a functional website, raises concerns about the company's credibility and transparency. The lack of regulatory oversight means that traders may face increased risks as there are no guarantees of consumer protection or adherence to regulatory standards. The inaccessible website further hampers potential clients from accessing crucial information about the company's services and regulatory status, potentially leading to a lack of trust among traders. Additionally, the limited availability of customer support channels may hamper clients' ability to seek timely assistance and address any concerns or issues that may arise during their trading experience.
|Range of tradable assets||Unregulated|
|Multiple account types||Inaccessible website|
|Several deposit and withdrawal options||Limited customer support options|
|MetaTrader 4 and MetaTrader 5|
Fortrade Ltd's website is currently inaccessible, which raises concerns about the company's credibility and transparency. With the website unavailable, potential traders are unable to access essential information about the company, its services, and its regulatory status. This lack of access to crucial details hinders traders from making well-informed decisions and may deter them from considering Fortrade Ltd as a viable trading platform.
The unavailability of the website also means that interested traders cannot create a trading account with Fortrade Ltd. Without a functioning website, potential customers are deprived of the opportunity to explore the company's account types, trading conditions, and deposit/withdrawal methods. Consequently, traders may miss out on potential benefits and features that could be offered by Fortrade Ltd, leading them to seek alternative trading platforms that provide better accessibility and transparency.
Fortrade Ltd offers a comparable range of market instruments as Alpari and HotForex, providing access to Forex, commodities, stocks, and indices. Specifics on the products that are trades are as displayed below:
Forex: Fortrade Ltd offers access to popular Forex pairs like EURUSD and GBPUSD, providing traders with opportunities to speculate on currency exchange rates.
Commodities: Traders using Fortrade Ltd can invest in commodities such as Gold and Crude Oil, enabling them to participate in the movement of these valuable assets in the market.
Stocks: Fortrade Ltd provides trading opportunities for individual stocks, including USA500, allowing traders to speculate on the price movements of well-known companies.
Indices: Fortrade Ltd also offers indices trading, featuring prominent companies like Facebook, Apple, and Microsoft, allowing traders to gain exposure to broader market trends.
The following is a table that compares Fortrade Ltd to competing brokerages:
|Fortrade Ltd||Forex, Commodities, Stocks, Indices|
|Alpari||Forex, Commodities, Stocks, Indices|
|HotForex||Forex, Commodities, Stocks, Indices|
|IC Markets||Forex, Commodities|
|RoboForex||Forex, Commodities, Stocks|
Fortrade Ltd offers three account types: Standard, Pro, and VIP. Specifics are as follows:
Standard Account: Fortrade Ltd offers a Standard account type with a leverage of up to 1:100 and spreads starting from 2 pips. Traders can open this account with a minimum deposit of $100, gaining access to a variety of tradable assets, including Forex pairs, commodities, stocks, and indices.
Pro Account: Fortrade Ltd also provides a Pro account tailored for more experienced traders. This account type offers higher leverage of up to 1:500 and tighter spreads starting from 1 pip. To open a Pro account, traders need to make a minimum deposit of $500, granting them access to the same range of tradable assets as the Standard account.
VIP Account: For the most experienced traders, Fortrade Ltd offers a VIP account with the highest leverage of up to 1:1000 and the tightest spreads starting from 0.1 pip. The VIP account requires a minimum deposit of $5000, providing traders with the same diverse range of tradable assets as the other account types.
The specifics of the account types are as follows:
|Account Type||Leverage||Spreads||Minimum Deposit|
|Standard||Up to 1:100||Starting from 2 pips||$100|
|Pro||Up to 1:500||Starting from 1 pip||$500|
|VIP||Up to 1:1000||Starting from 0.1 pip||$5,000|
Fortrade Ltd provides different minimum deposit rates for each of its account types. The Standard account requires a minimum deposit of $100, while the Pro account demands a higher minimum deposit of $500. For the most experienced traders, the VIP account requires the highest minimum deposit of $5000. Each account type offers distinct features, catering to traders with varying experience levels and preferences.
Fortrade Ltd offers varying leverage ratios for its different account types. Traders can access leverage up to 1:100 for the Standard account, up to 1:500 for the Pro account, and up to an impressive 1:1000 for the VIP account. This range of leverage options allows traders to choose an account type that aligns with their risk tolerance and trading strategies, granting them the potential to amplify their trading positions in the market.
The table below compares the maximum leverage offered for the mentioned market instruments by Fortrade Ltd with Alpari, HotForex, IC Markets, and RoboForex:
|Broker||Forex Leverage||Commodities Leverage||Indices Leverage|
|Fortrade Ltd||Up to 1:1000||Up to 1:500||Up to 1:1000|
|Alpari||Up to 1:1000||Up to 1:100||Up to 1:100|
|HotForex||Up to 1:1000||Up to 1:100||Up to 1:100|
|IC Markets||Up to 1:500||Up to 1:100||N/A|
|RoboForex||Up to 1:1000||Up to 1:100||Up to 1:100|
Fortrade Ltd offers competitive spreads for its different account types. The Standard account features spreads starting from 2 pips, while the Pro account boasts tighter spreads starting from 1 pip. For the most experienced traders, the VIP account provides the tightest spreads starting from just 0.1 pip. These varying spread options allow traders to choose an account type that aligns with their trading strategies and preferences, potentially optimizing their trading performance and profitability.
Fortrade Ltd offers a variety of deposit and withdrawal methods, allowing traders to manage their funds conveniently. Traders can choose to deposit or withdraw using credit/debit cards, facilitating swift transactions directly from their cards. Additionally, bank transfers are available, offering a secure way to transfer funds to and from the trading account. For those who prefer electronic payment methods, e-wallets like Neteller, Skrill, and wire transfer are also accepted, providing flexible options to suit traders' preferences. These multiple deposit and withdrawal methods enhance accessibility and flexibility for traders, ensuring a smooth and efficient financial experience with the company.
Fortrade Ltd offers three trading platforms, Fortrade TV, MetaTrader 4 and MetaTrader 5, providing traders with robust tools and functionalities for their trading activities. Fortrade TV is the proprietary platform of Fxlider and therefore devoid of information as there is no functioning official website. As for MetaTrader 4/5, both platforms are widely recognized and trusted in the industry, offering advanced charting tools, and order execution. Traders can access a wide range of technical indicators, analytical tools, and expert advisors to enhance their trading strategies and decision-making.
The table below compares the trading platforms offered by Fortrade Ltd with Alpari, HotForex, IC Markets, and RoboForex:
|Fortrade Ltd||MetaTrader 4, MetaTrader 5, Fortrade TV|
|Alpari||MetaTrader 4, MetaTrader 5, Alpari WebTrader|
|HotForex||MetaTrader 4, MetaTrader 5, HotForex WebTrade|
|IC Markets||MetaTrader 4, MetaTrader 5, cTrader, cAlgo, IC Markets WebTrader|
|RoboForex||MetaTrader 4, MetaTrader 5, cTrader, R Trader, RoboForex WebTrader|
Fortrade Ltd offers two main customer support options: phone and email.
Phone: Traders can reach Fortrade Ltd's customer support team by phone using the provided contact number: +44 203 966 4506.
Email: For written inquiries and assistance, traders can contact customer support through email at email@example.com.
Fortrade Ltd offers community support through active engagement on social media platforms like Twitter and Facebook, enabling traders to stay informed and connect with others in the trading community. Fortrade Ltd offers community support through its presence on social media platforms like Twitter and Facebook. Traders Twitter: “@ready_for_trade”
Facebook page: “https://www.facebook.com/ready.fortrade”
These accounts can be used stay updated on company news, announcements, and engage with other traders in the community. These social media channels provide a platform for traders to share insights, ask questions, and foster a sense of community within the Fortrade network. This is espeially useful as the official website is unavailable and therefore places more weight on the importance of these community support options as the only lines of direct updated information about Fxlider.
Fortrade Ltd is an unregulated trading platform that offers access to a range of financial instruments, including Forex pairs, commodities, stocks, and indices. With a user-friendly interface and integration of widely-trusted MetaTrader 4 and MetaTrader 5 platforms, traders can efficiently execute trades and access essential tools for technical analysis. The company provides multiple account types, catering to traders of varying experience levels, with leverage options up to 1:1000. Traders can benefit from competitive spreads, starting from as low as 0.1 pip for VIP account holders.
Fortrade Ltd supports various deposit and withdrawal methods, offering convenience and flexibility to manage funds. Despite being labeled a suspicious clone by the Financial Conduct Authority (FCA), its presence on social media platforms allows for community engagement and updates. However, the unregulated status and lack of official website should be considered as these are key indicators that may raise concerns about Fxlider lacking credibility and transparency.
Q: What types of trading platforms are available on Fortrade Ltd？
A: Fortrade Ltd provides access to both MetaTrader 4 and MetaTrader 5 platforms.
Q: How can traders contact customer support on Fortrade Ltd？
A: Traders can reach customer support through phone and email channels.
Q: What is the minimum deposit required for the VIP account？
A: The minimum deposit for the VIP account is $5000.
Q: Does Fortrade Ltd offer a variety of financial instruments？
A: Yes, Fortrade Ltd offers a wide range of financial instruments, including Forex pairs, commodities, stocks, and indices.
Q: Is Fortrade Ltd a regulated trading platform？
A: No, Fortrade Ltd operates unregulated trading platform.
Q: What are the main social media platforms used by Fortrade Ltd for community support？
A: Fortrade Ltd actively engages with its community on Twitter and Facebook.
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