Compare AMarkets vs Fortrade
What is AMarkets? What is Fortrade ?
AMarkets is an online forex and CFD broker that was founded in 2007 and provides trading services in Latin America, Asia and Europe. It offers the MT4 and MT5 platforms, as well as its own web and mobile platforms. It has a membership in the Financial Commission, which provides dispute resolution and compensation fund for its clients.
Fortrade is a UK-based forex and CFD broker that was established in 2013 and offers trading services in various countries. It also offers the MT4 platform, as well as its own web and mobile platforms. It is regulated by the FCA in the UK, the CySEC in Cyprus, the IIROC in Canada and the NBRB in Belarus.
AMarkets vs Fortrade Regulation Comparison
Broker | Regulator | Compensation Fund |
---|---|---|
AMarkets | Financial Commission | Up to €20,000 per claim |
Fortrade | FCA, CySEC, IIROC, NBRB | Up to £85,000 (FCA), €20,000 (CySEC), CAD$1 million (IIROC), BYN 1000 (NBRB) |
AMarkets vs Fortrade Trading Assets Comparison
Broker | Forex Pairs | Stocks | Indices | Commodities | Cryptocurrencies |
---|---|---|---|---|---|
AMarkets | 44 | 427 | 16 | 18 | 27 |
Fortrade | 60+ | 350+ | 20+ | 50+ | 40+ |
AMarkets vs Fortrade Trading Fees Comparison
Broker | Spreads | Commissions | Swap Rates |
---|---|---|---|
AMarkets | From 0.2 pips (ECN account), from 1.3 pips (Standard account), fixed (Fixed account) | $2.5 per lot (ECN account), none (Standard and Fixed accounts) | Based on market conditions |
Fortrade | From 0.6 pips (variable) or fixed (depending on asset) | None | Based on market conditions |
AMarkets vs Fortrade Account Types Comparison
Broker | Account Types |
---|---|
AMarkets | Standard, Fixed, ECN, Crypto |
Fortrade | Standard |
AMarkets vs Fortrade Deposit Options Comparison
Broker | Deposit Methods | Withdrawal Methods |
---|---|---|
AMarkets | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller, WebMoney, etc.), cryptocurrencies | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller, WebMoney, etc.), cryptocurrencies |
Fortrade | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller, etc.) | Bank transfer, credit/debit cards, e-wallets (Skrill, Neteller, etc.) |
AMarkets vs Fortrade Trading Platforms Comparison
Broker | Trading Platforms |
---|---|
AMarkets | MT4, MT5, WebTrader, MobileTrader |
Fortrade | MT4, WebTrader, MobileTrader |
AMarkets vs Fortrade Analytical Tools Comparison
Both brokers provide various analytical tools for their clients, such as market news, economic calendar, trading signals, webinars and educational materials.
AMarkets also offers a TraderBox product that contains various indicators and strategies for technical analysis.
Fortrade also offers a Trading Central service that provides market insights and recommendations from professional analysts.
AMarkets vs Fortrade . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals and risk appetite. Both brokers have their advantages and disadvantages, and you can do your own research before deciding which broker to trade with. You can also check out some of the online reviews and ratings from other traders to get some feedback on their experiences with AMarkets and Fortrade.