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Fortrade fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: FCA (609970); ASIC (AFSL 493520); CySEC (385/20); CIRO Canada; Mauritius FSC (GB21026472); DFSA. How Fortrade is regulated

Facts last checked . Read the full Fortrade review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 2.0 pips
GBP/USD spread
Approx. 3.0 pips
Commission
$0
All-in cost, EUR/USD
Approx. 2.0 pips
Spread type
Fixed and variable, instrument-dependent
Overnight swap
Both: overnight swaps may be charged or credited; swap-free accounts available
Inactivity fee
$10/month after 6 months inactivity
Deposit fee
None internally
Withdrawal fee
Generally none internally; bank/payment-provider charges may apply
Currency conversion
No additional Fortrade conversion fee; applicable bank/market conversion rate used

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Fortrade lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Fortrade fees

Does Fortrade charge to deposit or withdraw?

Deposit fees at Fortrade: None internally. Withdrawal fees: Generally none internally; bank/payment-provider charges may apply.

Does Fortrade charge an inactivity fee?

Fortrade's inactivity fee is recorded as $10/month after 6 months inactivity.

What does Fortrade charge to hold a position overnight?

Overnight financing at Fortrade is recorded as both: overnight swaps may be charged or credited; swap-free accounts available.

Fees at brokers under the same regulator

More about Fortrade