SuperForex is a forex broker founded in 2005 and headquartered in Seychelles. The broker offers a wide range of trading products, including forex, CFDs, stocks, indices, and commodities. SuperForex is regulated by the Financial Services Authority (FSA) of Seychelles.
Fortrade is a forex broker founded in 2013 and headquartered in the UK. The broker offers a wide range of trading products, including forex, CFDs, stocks, indices, and commodities. Fortrade is regulated by the Financial Conduct Authority (FCA) of the UK.
SuperForex vs Fortrade Regulation Comparison
Feature
SuperForex
Fortrade
Regulation
FSA (Seychelles)
FCA (UK)
Compliance
Yes
Yes
Safety of funds
Protected by segregated accounts
Protected by segregated accounts
Financial stability
Good
Good
SuperForex vs Fortrade Trading Assets Comparison
Asset
SuperForex
Fortrade
Forex
Yes
Yes
CFDs
Yes
Yes
Stocks
Yes
Yes
Indices
Yes
Yes
Commodities
Yes
Yes
Cryptocurrencies
No
Yes
SuperForex vs Fortrade Trading Fees Comparison
Feature
SuperForex
Fortrade
Spreads
From 0.1 pips
From 0.3 pips
Commissions
None
None
Swaps
Yes
Yes
Margin
Up to 1:500
Up to 1:30
SuperForex vs Fortrade Account Types Comparison
Account Type
SuperForex
Fortrade
Standard
Yes
Yes
Raw
Yes
Yes
Islamic
Yes
No
Demo
Yes
Yes
SuperForex vs Fortrade Deposit Options Comparison
Option
SuperForex
Fortrade
Credit/debit card
Yes
Yes
Bank transfer
Yes
Yes
E-wallets
Yes
Yes
Cryptocurrency
No
Yes
SuperForex vs Fortrade Trading Platforms Comparison
Broker
Trading Platforms
SuperForex
MetaTrader 4 (desktop and mobile), WebTrader (web-based)
Fortrade
MetaTrader 4 (desktop and mobile), Fortrader (web-based and mobile)
SuperForex vs Fortrade Analytical Tools Comparison
Broker
Analytical Tools
SuperForex
Economic calendar, market news, trading signals, technical analysis, pattern graphix, forex copy, interest rate on equity, VPS
SuperForex vs Fortrade. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose. It depends on your personal preferences, trading style, goals and risk appetite. However, here are some factors that you may want to consider when comparing SuperForex and Fortrade:
Regulation: Both brokers are regulated by reputable authorities, but Fortrade has the advantage of being a member of the Canadian Investor Protection Fund (CIPF), which provides up to C$1 million of coverage for eligible clients in case of broker insolvency.
Trading Assets: SuperForex offers a wider range of trading instruments than Fortrade, especially in terms of forex pairs and cryptocurrencies. However, Fortrade has more stocks from different markets and regions.
Trading Fees: SuperForex has lower or no commissions for most instruments, but its spreads may be higher or variable depending on the account type. Fortrade has fixed or variable spreads depending on the instrument and market conditions, but it charges commissions for trading stocks.
Account Types: SuperForex has more account types to suit different trading needs and preferences, such as swap-free, no spread, micro cent and crypto accounts. Fortrade has only two account types: standard and professional.
Deposit and Withdrawal Options: SuperForex has more deposit and withdrawal options than Fortrade, including more than 30 local payment methods. Fortrade only accepts bank transfer, credit/debit cards, Skrill and Neteller.
Trading Platforms: Both brokers offer MetaTrader 4 as their main trading platform, which is widely used and trusted by traders. SuperForex also has WebTrader, which is a web-based platform that does not require any download or installation. Fortrade also has Fortrader, which is a proprietary platform that has a user-friendly interface and advanced features.
Analytical Tools: Both brokers provide various analytical tools to help traders make informed decisions, such as economic calendar, market news, trading signals and technical analysis. SuperForex also offers pattern graphix, forex copy, interest rate on equity and VPS. Fortrade also offers trading central, chart patterns scanner and a trading academy.
Based on these factors, you may have a better idea of which broker suits you better. However, you should also do your own research and test their services with a demo account before opening a real account. Ultimately, the best broker for you is the one that meets your expectations and helps you achieve your trading goals.
