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Side-by-Side Comparison Independent Updated Mar 9, 2026

ForTrade vs FXTM 2026: Which Broker is Better?

In the "ForTrade vs FXTM" broker comparison, ForTrade stands out with its robust regulatory framework, being governed by the FCA, ASIC, and CySEC, and offering a proprietary trading platform alongside MT4. It appeals primarily to traders seeking a secure trading environment and a broad range of markets without commission on spreads. In contrast, FXTM offers a lower entry barrier with a minimum deposit of just $10 and supports both MT4 and MT5 platforms, making it attractive to beginners and those looking for flexibility in their trading approach. While ForTrade caters to those prioritising regulation and platform variety, FXTM attracts cost-conscious traders who appreciate low starting costs and high leverage options.

ForTrade

FXTM

VS
ForTradeFXTM
BrokerRank Score4.3/5 ✓3.6/5
Min. Deposit$100$10 ✓
Spread from1 pips0.1 pips ✓
Max Leverage1:5001:2000 ✓
RegulationFCA, ASIC, CySEC ✓FCA, CySEC, FSCA
PlatformsProprietary Web, Proprietary Mobile, MT4MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
FXTMForTrade
Best for Low Fees
FXTMForTrade
Best for Regulation
ForTradeFXTM
Best Overall
ForTradeFXTM
Quick Answer

ForTrade is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).

See full side-by-side comparison below

ForTrade vs FXTM: Key Differences

Feature

ForTrade

Winner

FXTM

Our Rating
4.3 / 5
3.6 / 5
Min. Deposit
$100
$10
Max Leverage
Spread From
1 pips
0.1 pips
Commission
None
$0.5/lot
Regulated By
FCAASICCySECCIRODFSAFSC
Platforms
Proprietary Web, Proprietary Mobile, MT4
MT4, MT5
Markets
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Forex, Cfd, Stocks, Indices, Commodities
Founded
2013
2011
Headquarters
London, UK
Limassol, Cyprus
Score
3 / 5
2 / 5

Fees Comparison

Fee

ForTrade

FXTM

Spread From
1 pips
0.1 pips
Commission
None
$0.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

ForTrade is better suited for beginners due to its user-friendly proprietary platform and zero commission on spreads, despite the higher minimum deposit requirement. FXTM, with its lower minimum deposit and support for both MT4 and MT5, is more appealing to professional traders who require more sophisticated trading tools. In terms of fees, FXTM is the winner with tighter spreads starting from 0.1 pips, though it does charge a small commission, which could be offset by its lower spreads.

Who Should Choose Which?

ForTrade

ForTrade

4.3/5

Top pick

Choose ForTrade if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • More regulatory licences (6)
  • More market types (6)
FXTM

FXTM

3.6/5

Choose FXTM if you want…

  • Tighter spreads (from 0.1 pips)
  • Lower minimum deposit ($10)
  • Higher leverage (up to 1:2000)
  • More established (est. 2011)

Also consider

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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FxPro
4.1
FCA
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#3Plus500 logo
Plus500
4.0
MAS
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#4AvaTrade logo
AvaTrade
4.0
MAS
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Both ForTrade & FXTM are available in

Frequently Asked Questions

1

Is ForTrade better than FXTM?

ForTrade scores higher overall on our independent rating system. ForTrade holds a 4.3/5 rating vs FXTM's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, ForTrade or FXTM?

ForTrade offers spreads from 1 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for ForTrade vs FXTM?

ForTrade requires a minimum deposit of $100. FXTM requires $10.

4

Which broker is safer, ForTrade or FXTM?

ForTrade is regulated by FCA, ASIC, CySEC, CIRO, DFSA, FSC, while FXTM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do ForTrade and FXTM support?

ForTrade supports Proprietary Web, Proprietary Mobile, MT4. FXTM supports MT4, MT5.

6

Can I use both ForTrade and FXTM?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

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