Quick answer
"De esta forma" is a preposition which is often translated as "in this way", and "de este modo" is an adverb which is often translated as "this way". Learn more about the difference between "de esta forma" and "de este modo" below.
de esta forma
A preposition is a word that indicates the relationship between a noun and another word (e.g. He ran through the door.).
1. (like this)
a. in this way
Siempre soñaba con casarme, ¡pero no de esta forma!I always dreamed of getting married, but not in this way!
b. this way
De esta forma, podremos monitorear la situación financiera sin tener que incurrir en costos adicionales.This way, we're able to monitor the financial situation without having to incur any additional costs.
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de este modo(
deh
 
ehs
-
teh
 
moh
-
doh
)
An adverb is a word that describes a verb, an adjective, or other adverbs (e.g. to run quickly, very tired).
1. (in such way)
a. this way
¿Se debe moler las papas de este modo? Nunca lo he hecho.Am I supposed to mash the potatoes this way? I've never done it before.
2. (therefore)
a. thus
De este modo, podemos concluir que los resultados sí tienen relevancia estadística.Thus, we can conclude that the results are statistically significant.
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