ForaTrade: international broker with secure trading conditions
ForaTrade positions itself as an international broker providing traders with direct access to various financial markets. The company guarantees the protection of clients’ capital and offers favorable conditions for successful trading.
The official address of the company is listed as Fora Trade Ltd. Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960. However, information about the company’s license or registration is not available. Support can only be contacted via email or the provided phone number.
Information about the company’s history is limited on the website. The “About Us” page provides only brief details about beneficial cooperation. Among the advantages highlighted by the broker are:
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Availability of an international trading terminal;
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Client funds held in EU bank accounts;
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Flexible working conditions;
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Multi-lingual customer support;
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Ability to use various strategies, including scalping and algorithmic trading;
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Educational materials.
Free webinars, courses, and trading guides are available on the educational platform.
ForaTrade broker provides access to markets such as CFDs, currencies, metals, stocks, indices, commodities, and cryptocurrencies. Trading is possible through the popular MetaTrader4 platform, supported on various devices and operating systems.
ForaTrade Trading Conditions
Clients can choose a suitable trading account:
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“Micro” account – minimum deposit of $10, spreads from 0.8 points, leverage 1:200;
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“Standard” account – deposit from $5000, spreads from 0.6 points, leverage 1:200;
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“Pro” account – premium account with a deposit from $50,000, spreads from 0.6 points, and leverage 1:200.
All account types allow hedging, scalping, 24/7 support, and the use of advisors.
Additionally, ForaTrade offers a partnership program allowing traders to earn extra income. Rewards range from $25 per lot or up to $1500 from deposits for attracting new users. The program is multi-level.
Deposits and Withdrawals
For deposit and withdrawal operations, the following methods are used:
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Credit cards;
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E-wallets;
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SWIFT bank transfers.
Available payment systems include Visa, MasterCard, Skrill, Payeer, Neteller, advcash, bitCoin.
Conclusions
ForaTrade brokerage company does not disclose a lot of information about itself. The lack of data on registration or licensing may raise doubts among clients. Before starting cooperation with ForaTrade, it is advisable to review feedback from other traders.