CIROCanadaTier 1Licence number
No number recorded
View licence record- Licence holder
- Held by Fortrade
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for Fortrade
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 4
- Issuing authorities
- 4
- From tier-1 or tier-2 authorities
- 4
- Found on an official register
- 0
Fortrade has 4 licences on record with Wikilix, issued by 4 authorities across 4 jurisdictions. 4 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Fortrade, strongest authority first.
4 records
- CIROCanadaTier 1
FCAUnited KingdomTier 1Licence number
609970
View licence record- Licence holder
- Held by Fortrade
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
ASICAustraliaTier 1Licence number
000493520
View licence record- Licence holder
- Held by Fortrade
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
CySECCyprusTier 2Licence number
385/20
View licence record- Licence holder
- Held by Fortrade
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
Protection
What this licence protects
CIRO's own rules for the firms it authorises.
- Compensation schemeUp to CAD 1000000 (CIPF)
- Client money kept separate
- Negative balance protection
- Complaints routeOBSI
- Maximum leverage1:49
Frequently Asked Questions
Questions about the licences held by Fortrade
Answered from the register entries on this page.
Most Popular Questions
Yes, Fortrade prohibits clients from certain countries including the USA, North Korea, Iran, and other sanctioned countries. These restrictions are in place to comply with regulatory and international sanction requirements.
While specific KYC procedures are not detailed in the provided context, Fortrade operates under strict regulatory regimes such as ASIC, FCA, and CySEC, which require comprehensive KYC and anti-money laundering checks. These typically involve verifying client identity and source of funds before account activation and withdrawal processing.
Fortrade offers a maximum leverage of up to 30:1, depending on the regulatory jurisdiction. For example, leverage is capped at 30:1 under FCA and CySEC regulations, while in Canada, leverage can be as high as 49:1, reflecting different regulatory frameworks.
Fortrade supports deposits and withdrawals via credit/debit cards, bank transfers, and e-wallets such as Neteller and Skrill. Deposits are generally instant or take a few hours, while withdrawals may have processing times ranging from instant to several days, with some fees applicable for bank transfer withdrawals.
Fortrade offers the MetaTrader 4 (MT4) trading platform, which is popular for Forex and CFDs trading. MT4 provides advanced charting tools, automated trading capabilities through Expert Advisors, and fast, reliable execution across multiple device types including desktop, mobile, and web.
Fortrade Limited is regulated by multiple authorities including the Australia Securities & Investment Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, and the Cyprus Securities and Exchange Commission (CySEC). These regulators ensure compliance with onshore market-making and retail agency standards, providing a high level of investor protection and transparency.
Fortrade has 4 licence records with Wikilix, issued by 4 authorities across 4 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Fortrade holds licence records issued by CIRO, FCA, ASIC, CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
4 of the licence records held by Fortrade come from tier-1 or tier-2 authorities (3 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 4 licence records held by Fortrade has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Fortrade has licence records in Canada, United Kingdom, Australia, Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.