Side-by-Side Comparison Independent Updated Jul 30, 2026
Sanlam iTrade vs ForTrade 2026: Which Broker is Better?
Compare Sanlam iTrade and ForTrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Sanlam iTrade
ForTrade
VS
| Sanlam iTrade | ForTrade | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 4.2/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips ✓ | 1 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | FSB, JSE | FCA, ASIC, CySEC ✓ |
| Platforms | Sanlam iTrade Platform, Sanlam App | Proprietary Web, Proprietary Mobile, MT4 |
Quick VerdictBrokerRank recommends
Best for Beginners
Sanlam iTradeForTrade
Best for Low Fees
Sanlam iTradeForTrade
Best for Regulation
ForTradeSanlam iTrade
Best Overall
ForTradeSanlam iTrade
Quick Answer
ForTrade is the better choice overall, scoring 4.2/5 vs 2.9/5 on BrokerRank's independent rating. On fees, Sanlam iTrade offers lower spreads (0 pips).
See full side-by-side comparison belowSanlam iTrade vs ForTrade: Key Differences
Feature
Sanlam iTrade
ForTrade
WinnerOur Rating
2.9 / 5
4.2 / 5
Min. Deposit
$0
$100
Spread From
0 pips
1 pips
Commission
$0.4/lot
None
Platforms
Sanlam iTrade Platform, Sanlam App
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Etf, Bonds, Funds
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Founded
2000
2013
Headquarters
Cape Town, South Africa
London, UK
Score
2 / 5
3 / 5
Fees Comparison
Fee
Sanlam iTrade
ForTrade
Spread From
0 pips
1 pips
Commission
$0.4/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Sanlam iTrade scores 2.90/5 while ForTrade scores 4.19/5 in our independent rating.
ForTrade edges ahead overall, but Sanlam iTrade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Sanlam iTrade
2.9/5
Choose Sanlam iTrade if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
- More established (est. 2000)
ForTrade
4.2/5
Choose ForTrade if you want…
- Higher overall rating (4.2/5)
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (6)
Also consider
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.
Both Sanlam iTrade & ForTrade are available in
Frequently Asked Questions
1Is Sanlam iTrade better than ForTrade?
ForTrade scores higher overall on our independent rating system. Sanlam iTrade holds a 2.9/5 rating vs ForTrade's 4.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Sanlam iTrade or ForTrade?
Sanlam iTrade offers spreads from 0 pips, while ForTrade starts at 1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Sanlam iTrade vs ForTrade?
Sanlam iTrade requires a minimum deposit of $0. ForTrade requires $100.
4Which broker is safer, Sanlam iTrade or ForTrade?
Sanlam iTrade is regulated by FSB, JSE, while ForTrade holds licences from FCA, ASIC, CySEC, CIRO, DFSA, FSC.
5What trading platforms do Sanlam iTrade and ForTrade support?
Sanlam iTrade supports Sanlam iTrade Platform, Sanlam App. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both Sanlam iTrade and ForTrade?
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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
ForTrade
Capital at risk · T&Cs apply