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

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.

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

71% of retail CFD accounts lose money