scotia itrade Alternatives: Pros & Cons 2024 Update
This alternatives to scotia itrade 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 scotia itrade to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to scotia itrade like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that scotia itrade is not quite right for you then it would be worth getting a demo account with some of the top scotia itrade alternatives and check if they are a better fit for you before moving any money around.
The most complete review of scotia itrade alternatives on the internet
There are a lot of reasons scotia itrade may not be a good fit for you. For whatever reason you are hunting for a better scotia itrade alternative or scotia itrade competitor with better services, comparebrokers.org try to give you as much useful information so you can find what it is you need. Below you will discover the most popular scotia itrade alternatives.
For each of the alternative to scotia itrade, we also highlight the key differences to scotia itrade and for each platform feature show you the best alternatives. For each scotia itrade alternative online broker 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 unhappy with scotia itrade, find some great alternative brokeragesbrokers|online trading platforms|brokerages.
Using a professional and dependable online broker is important for having a successful trading career. All of the scotia itrade alternative platforms we list in this scotia itrade alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
scotia itrade has a minimum desposit of $250, you can check how the minimum deposit requirements of scotia itrade compare with the minimum deposit requirements of scotia itrade competitors. Brokers offer lower minimum deposits to get traders to test them out, but having higher a minimum deposit requirement isn’t always a bad thing, it all comes down to your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
scotia itrade |
$250 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
scotia itrade offers virtual portfolio accounts so you can learn their systems before risking any real capital. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before signing up for a live account.
Below we detail some of the best alternatives to scotia itrade that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
scotia itrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
scotia itrade doesn't offer negative balance protection. If your balance is unfavorable, scotia itrade suggests you contact customer services. Then you can correct any imbalances within your account.
Below we show some of the best alternatives to scotia itrade that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
scotia itrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
scotia itrade unfortunately, doesn't offer guaranteed stop loss. scotia itrade gives an opportunity for its traders to close their trade in their specified price. Apart from that, scotia itrade does not provide guaranteed stop loss.
Below we show some of the best scotia itrade alternatives that offer guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
scotia itrade |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
No, the terms and conditions of scotia itrade do not allow scalping. It is a trading technique that is not allowed on the agent's platform. You have to consult with scotia itrade's terms and conditions to see more about its own policies.
Below we list some of the top alternatives to scotia itrade that allow scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
scotia itrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
The terms and conditions of scotia itrade don't allow hedging. It is a trading technique that is not allowed on the agent's platform. You must consult with scotia itrade's terms and conditions to read more about its own policies.
Below we list some of the best alternatives to scotia itrade that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
scotia itrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, scotia itrade offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading..
Below we show some of the top scotia itrade alternatives that allow social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
scotia itrade |
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, scotia itrade 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. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of social trading.
Below we show some of the top alternatives to scotia itrade that has copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
scotia itrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare scotia itrade To All Other Brokers