Fortrade regulation & licences
Licences on record 4
1 Tier 1 — top-tier regulation
2 Tier 2 — strong regulation
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
Fortrade is a forex & CFD broker founded in 2013 and headquartered in United Kingdom.
In our database Fortrade is matched to 4 licences from ASIC, CIRO, FCA and CySEC. Most importantly, the ASIC (Australia), the CIRO (Canada) and the FCA (United Kingdom) are among the regulators we classify as tier 1 — regulators known for demanding capital and client-money standards and active enforcement.
Depending on the entity, eligible clients may be covered by CIPF (CIRO), FSCS (FCA) and Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under ASIC, FCA and CySEC rules. Retail leverage caps apply at the ASIC, CIRO and FCA-regulated entities (for example 30:1 on major FX pairs at ASIC).
Fortrade provides access to its own proprietary platform and MT4. The advertised minimum deposit starts from about US$100 — minimums often vary by account type and entity.
Regulatory strengths
- Licensed by 3 tier-1 regulators (ASIC, CIRO and FCA)
- Compensation scheme available at CIRO, FCA and CySEC entities
- Negative balance protection required at some entities
Points to check
- No specific concerns from our licence data
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 ASIC | No statutory compensation fund for OTC derivatives; complaints go to AFCA | 30:1 on major FX pairs for retail clients since March 2021 | Required for retail clients | Australian Financial Complaints Authority (AFCA) |
| 1 CIRO | CIPF — up to CAD 1,000,000 per account category | Margin set by CIRO rules; up to roughly 50:1 on major pairs | Not a regulatory requirement | OBSI (Ombudsman for Banking Services and Investments) |
| 1 FCA | FSCS — up to £85,000 per eligible client per firm | 30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices) | Required for retail clients | Financial Ombudsman Service (FOS) |
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
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Fortrade regulation FAQ
Is Fortrade regulated?
Yes — in our database Fortrade is matched to 4 licences: ASIC (Australia), CIRO (Canada), FCA (United Kingdom) and CySEC (Cyprus). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is Fortrade a tier-1 regulated broker?
Fortrade holds 3 licences from regulators we classify as tier 1: ASIC, CIRO and FCA.
Does Fortrade accept US clients?
Fortrade is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so Fortrade generally cannot accept US retail forex clients.
Is my money protected with Fortrade?
Clients of Fortrade's CIRO, FCA and CySEC-regulated entities may be eligible for statutory compensation (CIPF — up to CAD 1,000,000 per account category; FSCS — up to £85,000 per eligible client per firm; Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
What is the minimum deposit at Fortrade?
Fortrade's advertised minimum deposit starts from about US$100. It can differ by account type, payment method and the entity you are onboarded to.
How can I verify Fortrade's licence?
Find the company name and licence number in Fortrade's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.