forexite Alternatives: How It Compares Updated for 2024
This alternatives to forexite guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to forexite to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to forexite like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that forexite is not quite right for you then it would be worth getting a virtual account with a few of the best forexite alternatives and check if they are a better fit for you before moving any money around.
The most detailed guide to forexite alternatives online
There's a lot of reasons forexite may not be a good fit for your trading needs. For whatever reason you are looking for a new forexite alternative or forexite competitor with better services, comparebrokers.org will always try to give you as much useful information so you can make an informed choice. Below you will discover the most popular forexite alternatives.
For each of the below alternative to forexite, we break down the key differences to forexite and for each section show you the best alternatives. For every forexite alternative trading platform shown we also have detailed trading platform reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unimpressed with forexite, discover some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Having a reputable and dependable trading platform is vital to your trading success. All of the forexite alternative platforms shown in this forexite alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
forexite has a minimum desposit of $250, you should see how the minimum deposit requirements of forexite compare with the minimum deposit requirements of forexite competitors. Online brokers often have lower minimum deposits to get traders to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
forexite |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
forexite offers demo accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before risking a live account.
Below we show some of the best alternatives to forexite that have demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
forexite |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
forexite offers negative balance protection. It's especially offered while the industry volatility prevents customers from letting their account go into the red. In a situation like this, forexite offers the ability to reset a clients account balance to zero.
You are able to go through the critical terms and conditions on forexite's website to understand their policies.
Below we list some of the best alternatives to forexite that has negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
forexite |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
forexite unfortunately, doesn't provide guaranteed stop loss. forexite gives an opportunity to its traders to close their trades at their given price. Aside from this, forexite doesn't offer guaranteed stop loss.
Below we detail some of the best forexite alternatives that offer guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
forexite |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
forexite do allow scalping. Many traders across the world select forexite for their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow this.
Below we show some of the best alternatives to forexite that allow scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
forexite |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
forexite do allow hedging. Several traders throughout the world select forexite for their large range of services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
Below we show some of the best alternatives to forexite that offer hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
forexite |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
forexite's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..
Below we detail some of the best alternatives to forexite that allow social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
forexite |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, forexite offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is calculated social trading..
Below we detail some of the best forexite alternatives that allow copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
forexite |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare forexite To All Other Brokers