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Side-by-Side Comparison Independent Updated Oct 20, 2026

UOB Kay Hian vs ForTrade 2026: Which Broker is Better?

Compare UOB Kay Hian and ForTrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

UOB Kay Hian

ForTrade

Higher ratedForTrade logo

ForTrade

4.3/ 5
Visit ForTrade →Full review
VS
UOB Kay HianForTrade
BrokerRank Score3.6/54.3/5 ✓
Min. Deposit$0 ✓$100
Spread from0 pips ✓1 pips
Max Leverage1:51:500 ✓
RegulationMAS, SFCFCA, ASIC, CySEC ✓
PlatformsProprietary Web, Proprietary Mobile, UTRADEProprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
UOB Kay HianForTrade
Best for Low Fees
UOB Kay HianForTrade
Best for Regulation
ForTradeUOB Kay Hian
Best Overall
ForTradeUOB Kay Hian
Quick Answer

ForTrade is the better choice overall, scoring 4.3/5 vs 3.6/5 on BrokerRank's independent rating. On fees, UOB Kay Hian offers lower spreads (0 pips).

See full side-by-side comparison below

UOB Kay Hian vs ForTrade: Key Differences

Feature

UOB Kay Hian

ForTrade

Winner
Our Rating
3.6 / 5
4.3 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0 pips
1 pips
Commission
$0.18/lot
None
Regulated By
MASSFC
FCAASICCySECCIRODFSAFSC
Platforms
Proprietary Web, Proprietary Mobile, UTRADE
Proprietary Web, Proprietary Mobile, MT4
Markets
Stocks, Etf, Indices, Forex
Forex, Cfd, Indices, Commodities, Stocks, Crypto
Founded
1973
2013
Headquarters
Singapore
London, UK
Score
2 / 5
3 / 5

Fees Comparison

Fee

UOB Kay Hian

ForTrade

Spread From
0 pips
1 pips
Commission
$0.18/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

UOB Kay Hian scores 3.56/5 while ForTrade scores 4.25/5 in our independent rating.

ForTrade edges ahead overall, but UOB Kay Hian 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?

UOB Kay Hian

UOB Kay Hian

3.6/5

Choose UOB Kay Hian if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit
  • More established (est. 1973)
ForTrade

ForTrade

4.3/5

Top pick

Choose ForTrade if you want…

  • Higher overall rating (4.3/5)
  • No per-trade commission
  • Higher leverage (up to 1:500)
  • More regulatory licences (6)

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 UOB Kay Hian & ForTrade are available in

Frequently Asked Questions

1

Is UOB Kay Hian better than ForTrade?

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

2

Which has lower fees, UOB Kay Hian or ForTrade?

UOB Kay Hian offers spreads from 0 pips, while ForTrade starts at 1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for UOB Kay Hian vs ForTrade?

UOB Kay Hian requires a minimum deposit of $0. ForTrade requires $100.

4

Which broker is safer, UOB Kay Hian or ForTrade?

UOB Kay Hian is regulated by MAS, SFC, while ForTrade holds licences from FCA, ASIC, CySEC, CIRO, DFSA, FSC.

5

What trading platforms do UOB Kay Hian and ForTrade support?

UOB Kay Hian supports Proprietary Web, Proprietary Mobile, UTRADE. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both UOB Kay Hian and ForTrade?

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.

Higher Rated

ForTrade

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