Higher Rated
ForTrade
Capital at risk · T&Cs apply
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
| ForTrade | FXTM | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.6/5 |
| Min. Deposit | $100 | $10 ✓ |
| Spread from | 1 pips | 0.1 pips ✓ |
| Max Leverage | 1:500 | 1:2000 ✓ |
| Regulation | FCA, ASIC, CySEC | FCA, CySEC, FSCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
ForTrade is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FXTM offers lower spreads (0.1 pips).
See full side-by-side comparison belowForTrade
WinnerFXTM
ForTrade
FXTM
ForTrade
3.8/5
Choose ForTrade if you want…
FXTM
3.6/5
Choose FXTM if you want…
ForTrade scores higher overall on our independent rating system. ForTrade holds a 3.8/5 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.
ForTrade offers spreads from 1 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.
ForTrade requires a minimum deposit of $100. FXTM requires $10.
ForTrade is regulated by FCA, ASIC, CySEC, while FXTM holds licences from FCA, CySEC, FSCA.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. FXTM supports MT4, MT5.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.