For Traders
For Traders Review 2025 – Is It a Safe Forex Broker?
Thinking of trading with For Traders? In this detailed review, we examine For Traders’ regulations, account types, spreads, fees, platforms, and more. By the end, you’ll know whether For Traders is a suitable broker for your trading needs in 2025.
| Feature | Details |
|---|---|
| Broker Name | For Traders |
| Founded | 2021 |
| Headquarters | St. Vincent & The Grenadines |
| Regulations | FSA SVG (Offshore), No Tier-1 Regulation |
| Minimum Deposit | $10 |
| Account Types | Standard, ECN Raw, VIP, Cent, Islamic (Swap-Free) |
| Trading Platforms | MetaTrader 4, MetaTrader 5, WebTrader |
| Instruments Offered | Forex, Indices, Metals, Commodities, Crypto CFDs |
| Leverage | Up to 1:1000 (depending on region) |
Regulation & Safety
For Traders is registered as an offshore broker and offers high leverage globally. While it provides basic safety measures, it is **not licensed by top-tier regulators**, which may concern risk-aware traders.
- Registered under FSA St. Vincent & The Grenadines
- Not regulated by ASIC, FCA, or CySEC
- Segregated client account claims
- Negative balance protection offered
- KYC verification required for withdrawals
Account Types Offered
| Account Type | Platform(s) | Spreads From | Commission | Minimum Deposit |
|---|---|---|---|---|
| Standard | MT4 / MT5 | 1.3 – 1.8 pips | No commission | $10 |
| ECN Raw | MT4 / MT5 | 0.0 pips | $3 per side per lot (≈ $6 round-turn) | $100 |
| VIP | MT4 / MT5 | 0.7 pips | Reduced or zero commissions | $500 |
| Cent | MT4 / MT5 | 1.5 – 2.0 pips | No commission | $5 |
| Islamic (Swap-Free) | MT4 / MT5 | Same as Standard/ECN | Admin fees instead of swaps | $10 |
Trading Platforms
- MetaTrader 4 (MT4) – ideal for forex and EAs
- MetaTrader 5 (MT5) – multi-asset trading & advanced tools
- WebTrader – accessible from any browser
- Supports EAs, scalping, hedging & custom indicators
Instruments You Can Trade
- 50+ Forex pairs
- Gold, Silver & commodities
- Major global indices
- Crypto CFDs (BTC, ETH, LTC & more)
- Oil & energy markets
Spreads, Fees & Commission
- Spreads: ECN from 0.0 pips; Standard from 1.3 pips
- Commissions: $3 per side per lot on ECN
- Swap Fees: Charged daily unless swap-free
- Deposit/Withdrawal Fees: Mostly free, crypto network fees may apply
- Inactivity Fee: Not reported
Security & Measures
- Segregated accounts (as claimed)
- SSL-encrypted website
- Two-factor authentication available
- Mandatory identity verification
Deposit & Withdrawal Options
| Method | Processing Time | Fees / Notes |
|---|---|---|
| Credit / Debit Card | Instant | No major fees |
| Bank Transfer | 1–5 business days | Bank or intermediary fees may apply |
| E-wallets (Perfect Money, Skrill, Neteller) | Instant to same day | Mostly free |
| Cryptocurrencies | Minutes | Network fees apply |
Customer Support
- 24/5 Live Chat
- Email support
- WhatsApp / Telegram assistance
- Multi-language support team
Pros & Cons
Pros
- Very low minimum deposit ($10)
- ECN Raw account with 0.0 pip spreads
- Crypto deposits & withdrawals supported
- MT4 & MT5 trading available
- High leverage up to 1:1000
Cons
- Not regulated by Tier-1 authorities
- Offshore registration may increase risk
- Limited educational materials
- No cTrader or IRESS platform
Is For Traders Right for You?
For Traders is suitable if you want **high leverage, low minimum deposits, and ECN-style trading** at affordable costs. The Cent account also makes it beginner-friendly.
However, because For Traders is **not regulated by major financial authorities**, traders seeking maximum safety should consider brokers with stronger regulatory oversight.
If you decide to choose For Traders:
Open Live Account with For Traders
FAQs About For Traders
Is For Traders regulated?
For Traders is registered offshore (FSA SVG) but not regulated by major authorities such as ASIC, FCA, or CySEC.
What is the minimum deposit?
The minimum deposit starts from just $10 (or $5 for Cent accounts).
Does For Traders offer Islamic accounts?
Yes, swap-free Islamic accounts are available.
How tight are the spreads?
ECN spreads start from 0.0 pips. Standard spreads start from 1.3 pips.
How long do deposits/withdrawals take?
Crypto and card deposits are instant; bank transfers take 1–5 business days.
Disclaimers
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Make sure you fully understand the risks involved before trading.
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