UK broker running a Cypriot entity (Fortrade Cyprus) for EU clients.
- Headquarters
United Kingdom- Founded
- 2013
- Type
- Forex & CFD brokers
- Licences on record
- 5 (2 European)
- EU client entity
- Fortrade Cyprus Ltd (CySEC)
- Platforms
- MetaTrader 4, Own platform
- Products
- Forex, CFDs
- Website
- fortrade.com
Strengths
- FCA and CySEC licences, plus Australia, Canada and Mauritius
- Simple Fortrader platform and MetaTrader 4
Watch-outs
- Smaller firm than the market leaders
- Costs are built into the spread
Overview
Fortrade was founded in London in 2013. It serves EU clients through Fortrade Cyprus Ltd, licensed by CySEC, and UK clients through the FCA-authorised UK company.
Platforms and products
Its own Fortrader platform and MetaTrader 4, with CFDs on forex, indices, commodities, shares and crypto.
Our view
A straightforward, regulated option for beginners. Our old site listed Fortrade; this profile replaces that page.
Licences on record
Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.
| Regulator | Jurisdiction | Type | Check it |
|---|---|---|---|
| FCA Financial Conduct Authority | United Kingdom |
UK | Official register |
| CySEC Cyprus Securities and Exchange Commission |  Cyprus |
EU/EEA – passportable | Official register |
| ASIC Australian Securities and Investments Commission |  Australia |
Non-European | Regulator website |
| CIRO Canadian Investment Regulatory Organization |  Canada |
Non-European | Regulator website |
| FSC Mauritius Financial Services Commission (Mauritius) |  Mauritius |
Offshore | Regulator website |
What protection would you get?
If you are a retail client of Fortrade's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.
- Investor compensation: Up to £85,000 per person per firm for investments – Financial Services Compensation Scheme (FSCS)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman Service
- Best forex brokers in United Kingdom
- Investor compensation: 90% of the covered claim, capped at €20,000 per investor – Investor Compensation Fund for CIF clients (ICF)
- Leverage for retail clients: capped at 30:1 on major currency pairs, down to 2:1 on crypto. Details
- Negative balance protection: you cannot lose more than the money in your account.
- Margin close-out: positions are closed when equity falls to 50% of required margin.
- Complaints: Financial Ombudsman of the Republic of Cyprus
- Best forex brokers in Cyprus
Verify Fortrade yourself
- Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
- Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
- Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
- Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.
Protection Score breakdown
| Factor | Points |
|---|---|
| Holds at least one European licence (EU/EEA, UK or Swiss) | +40 |
| ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme) | +15 |
| Supervised in 4 strong jurisdictions | +12 |
| Operating for 13 years | +7 |
| Total | 74/100 |
The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.
Trader experiences
No verified experiences yet. Have you used Fortrade? Share what happened with deposits, withdrawals, execution and support.
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About this data
Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.
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