NETELLER vs. Fortrade

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

NETELLER

  • Pros
  • Buy Bitcoin or other crypto-currencies.
  • Easily send money to any email address.
  • Deposit money with hundreds of Forex brokers.
  • Spend or withdraw profits with a prepaid Mastercard.
  • Cons
  • 2.5% fee on deposits under US$ 20,000.
  • Not suited for day trading because of its currency exchange fees.
  • Monthly inactivity fee after 12 months.
Fortrade

Risk warning: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Pros
  • Trade CFDs on all assets classes (except crypto).
  • Broad selection of CFDs on US and European stocks.
  • Regulated in 5 jurisdictions including Europe, the UK, Australia and Canada.
  • Cons
  • Offers only MetaTrader 4 and its in-house trading platform.
  • No CFDs on crypto-currencies.

Markets

Asset classesNETELLER ▷Fortrade ▷
Forex (CFD)NA
Cryptos (CFD)NA
CryptosNA
Stocks (CFD)NA
Indices (CFD)NA
ETFs (CFD)NA
Metals (CFD)NA
Energy (CFD)NA
Commodities (CFD)NA
Bonds (CFD)NA
Asset classes (#)NETELLER ▷Fortrade ▷
Forex (CFD)NA51
Cryptos9NA
Stocks (CFD)NA205
Indices (CFD)NA19
ETFs (CFD)NA3
Metals (CFD)NA12
Energy (CFD)NA5
Commodities (CFD)NA3
Bonds (CFD)NA3

Trading platforms

Trading platformsNETELLER ▷Fortrade ▷
MetaTrader 4NA
MetaTrader 5NA
cTraderNA
CurrenexNA
Copy tradingNA
Mirror tradingNA
Other platformsNAFortrader
Operating systemsNETELLER ▷Fortrade ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsNETELLER ▷Fortrade ▷
Bank transfer
Credit card
Debit card
BitcoinNA
Bitcoin CashNA
BPAYNA
NETELLER
paysafecardNA
POLiNA
Przelewy24NA
QIWI WalletNA
Skrill
Yandex.MoneyNA
Account base currenciesNETELLER ▷Fortrade ▷
EUR - EuroNA
USD - U.S. DollarNA

Regulators

Company informationNETELLER ▷Fortrade ▷
Company namePaysafe Financial Services LimitedFortrade Ltd.
Head officeLondon, UKLondon, UK
Incorporation date19992013
RegulatorsNETELLER ▷Fortrade ▷
AustraliaNAAFSL No. 493520
BelarusNANBRB FRN 19307581
CanadaNACIPF protection
CySECNACIF No. 385/20
UKFCA No. 900015FCA No. 609970

Fortrade

Risk warning: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.