FXOpen vs. Fortrade
Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.
Pros and Cons

Pros
- Leverage up to 1:500.
- Trade on MetaTrader 4, 5 or TickTrader.
- All trading strategies allowed (ECN account).
- Account base currencies: USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, mBTC.
Cons
- Withdrawal fees between 2.5% and 8.25% (depending on your deposit method), if you request a withdrawal before meeting minimum notional trading volume requirements.
- FXOpen is only regulated in Nevis.
Awards
- High-quality order execution, 2018 - VerifyMyTrade
- Best Forex Broker Australia, 2011 - World Finance
- Best Trading Platform, 2010 - Falcon Award

71% of retail CFD accounts lose 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 classes | FXOpen ▷ | Fortrade ▷ |
Forex (CFD) | ||
---|---|---|
Cryptos (CFD) | ||
Stocks (CFD) | ||
Indices (CFD) | ||
ETFs (CFD) | NA | |
Metals (CFD) | ||
Energy (CFD) | ||
Commodities (CFD) | NA | |
Bonds (CFD) | NA | |
Asset classes (#) | FXOpen ▷ | Fortrade ▷ |
Forex (CFD) | 51 | 51 |
Cryptos (CFD) | 43 | NA |
Stocks (CFD) | 100 | 205 |
Indices (CFD) | 10 | 19 |
ETFs (CFD) | NA | 3 |
Metals (CFD) | 2 | 12 |
Energy (CFD) | 3 | 5 |
Commodities (CFD) | NA | 3 |
Bonds (CFD) | NA | 3 |
Trading platforms
Trading platforms | FXOpen ▷ | Fortrade ▷ |
MetaTrader 4 | ||
---|---|---|
MetaTrader 5 | ||
cTrader | ||
Currenex | ||
Copy trading | ||
Mirror trading | ||
Other platforms | TickTrader | Fortrader |
Operating systems | FXOpen ▷ | Fortrade ▷ |
Web trader | ||
Android | ||
iOS |
Account funding
Deposits and withdrawals | FXOpen ▷ | Fortrade ▷ |
Bank transfer | ||
---|---|---|
Credit card | ||
Debit card | ||
Bitcoin | NA | |
DixiPay | NA | |
FasaPay | NA | |
NETELLER | NA | |
Perfect Money | NA | |
QIWI Wallet | NA | |
Skrill | ||
SorexPay | NA | |
WebMoney | NA | |
Yandex.Money | NA | |
Account base currencies | FXOpen ▷ | Fortrade ▷ |
AUD - Australian Dollar | NA | |
CHF - Swiss Franc | NA | |
EUR - Euro | ||
GBP - British Pound | NA | |
JPY - Japanese Yen | NA | |
RUB - Russian Rouble | NA | |
SGD - Singapore Dollar | NA | |
USD - U.S. Dollar |
Regulators
Company information | FXOpen ▷ | Fortrade ▷ |
Company name | FXOpen NZ Limited | Fortrade Ltd. |
---|---|---|
Head office | Auckland, New Zealand | London, UK |
Incorporation date | 2005 | 2013 |
Regulators | FXOpen ▷ | Fortrade ▷ |
Australia | AFSL No. 412871 | AFSL No. 493520 |
Belarus | NA | NBRB FRN 19307581 |
Canada | NA | CIPF protection |
CySEC | NA | CIF No. 385/20 |
Nevis | Nevis No. C 42235 | NA |
UK | FCA No. 579202 | FCA No. 609970 |