ForTrade
mBank
VS
Higher Rated
ForTrade
Capital at risk · T&Cs apply
Choosing between ForTrade and mBank depends on your trading style, preferred markets, and budget. ForTrade is headquartered in London, UK, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, compared to ForTrade which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
ForTrade
mBank
ForTrade is the better choice overall, scoring 3.8/5 vs 3.3/5 on BrokerRank's independent rating. On fees, mBank offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
ForTrade
3.8 vs 3.3
Lowest Fees
mBank
1 vs 0 pips
Regulation
ForTrade
3 vs 1 licences
Min. Deposit
mBank
$100 vs $0
ForTrade
WinnermBank
ForTrade
mBank
ForTrade holds licences from FCA, ASIC, CySEC. mBank is regulated by KNF.
Both brokers offer access to Forex, Cfd, Indices, Stocks markets. ForTrade additionally covers Commodities. mBank adds Etf.
On spreads, mBank is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.0 pips at ForTrade.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader. Both brokers are available on Proprietary Web, Proprietary Mobile.
ForTrade requires a minimum deposit of $100, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
BrokerRank scores ForTrade at 3.81/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. ForTrade leads overall with a clear advantage.
ForTrade scores higher overall on our independent rating system. ForTrade holds a 3.8/5 rating vs mBank's 3.3/5. 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 mBank starts at 0 pips. Check the fees section above for a full breakdown.
ForTrade requires a minimum deposit of $100. mBank requires $0.
ForTrade is regulated by FCA, ASIC, CySEC, while mBank holds licences from KNF.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.