WellsTrade Alternatives: Pros, Cons, And How It Compares for 2025
This alternatives to WellsTrade guide has been updated for 2025 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 WellsTrade to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to WellsTrade like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their clients. If you feel that WellsTrade is not quite right for you then it would be worth getting a demo account with some of the top WellsTrade alternatives and check if they are a better fit for you before moving any money around.
The most detailed guide to WellsTrade alternatives on the internet
There's many reasons WellsTrade may not be a good fit for your trading needs. For whatever reason you are hunting for the best WellsTrade alternative or WellsTrade competitor with similar services, comparebrokers.org try to give you as much helpful information so you can make an informed decision. Below you will find the most popular WellsTrade alternatives.
For each of the alternative to WellsTrade, we also highlight the key differences to WellsTrade and for each platform feature show you the best alternatives. For every WellsTrade alternative online trading platform shown we also have detailed broker 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 not happy with WellsTrade, discover some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Having a reputable and dependable trading platform is important for your trading success. All of the WellsTrade alternative platforms shown in this WellsTrade alternatives guide have good reputations and can match what you are looking for.
Alternatives With Lower Minimum Deposit
WellsTrade has a minimum desposit of $30, you should check how the minimum deposit requirements of WellsTrade compare with the minimum deposits of WellsTrade competitors. Online brokers offer lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all comes down to your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
WellsTrade |
$30 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Demo Accounts
WellsTrade offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Inexperienced 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 signing up for a live account.
Below we list some of the best alternatives to WellsTrade that offer virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
WellsTrade has negative balance protection. It's specially offered when the industry volatility keeps clients from letting their account go in the red. In a situation like this, WellsTrade offers the ability to reset a clients account balance to zero.
You should go through the critical conditions on WellsTrade's website to comprehend their policies.
Below we show some of the best alternatives to WellsTrade that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
WellsTrade provide a guaranteed Stop Loss order.
If there's absolutely no free margin left together with the client, WellsTrade will cease your own positions. If the losses in the stopped out position exceeds your account balance, you may encounter a negative account balance.
Below we list some of the best WellsTrade alternatives that have guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
WellsTrade do allow scalping. Many traders across the world choose WellsTrade due to their scalping services. They offer trading on iPhone,Tablet,Mac,Android,WEB which allow this.
Below we detail some of the best alternatives to WellsTrade that offer scalping functionality to their customers.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
WellsTrade do allow hedging. Many traders throughout the world choose WellsTrade for their hedging services. They offer trading on iPhone,Tablet,Mac,Android,WEB.
Below we detail some of the best alternatives to WellsTrade that allow hedging services to their client base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, WellsTrade does not offer social trading.
Below we detail some of the best WellsTrade alternatives that have social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
WellsTrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, WellsTrade does not offer copy trading.
Below we detail some of the top WellsTrade alternatives that allow copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
WellsTrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare WellsTrade To All Other Brokers