WellsTrade Alternatives: Pros & Cons Updated 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 a lot of the best WellsTrade alternatives and check if they are a better fit for you before moving any money around.
The most complete review of WellsTrade alternatives on the internet
There's many reasons WellsTrade may not be a good fit for your trading needs. Whatever reason you are hunting for a new WellsTrade alternative or WellsTrade competitor with similar services, we will always try to give you as much helpful information so you can make an informed choice. Below you can find the best WellsTrade alternatives.
For each of our alternative to WellsTrade, we break down 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 unhappy with WellsTrade, we can show you some great alternative online trading platformsbrokers|online trading platforms|brokerages.
Trading with a professional and dependable broker is crucial to your trading success. All of the WellsTrade alternative brokers listed in this WellsTrade alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
WellsTrade has a minimum desposit of $30, you can check how the minimum deposit requirements of WellsTrade compare with the minimum deposits of WellsTrade competitors. Trading platforms often have lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t necessarily a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
WellsTrade |
$30 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| instaforex |
$250 |
Alternatives Offering Virtual Portfolio Accounts
WellsTrade offers demo accounts so you can test your trading strategies before risking any real money. Newbie traders can open a virtual portfolio 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 show some of the best alternatives to WellsTrade that offer demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
WellsTrade offers negative balance protection. It is especially offered while the industry volatility prevents clients from letting their account go in the red. In such a scenario, WellsTrade offers the ability to reset a customers account balance to zero.
You can go through the critical conditions on WellsTrade's site to understand their policies better.
Below we list 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 offer a guaranteed Stop Loss capability.
If there is no free margin left together with the customer, WellsTrade will cease your own positions. If the losses in the stopped out location 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 clients.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
WellsTrade do permit scalping. Many traders throughout the world select WellsTrade for their scalping services. They offer trading on iPhone,Tablet,Mac,Android,WEB which let this.
Below we list some of the best alternatives to WellsTrade that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
WellsTrade |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
WellsTrade do permit hedging. Many traders around the world select WellsTrade due to their hedging services. They offer trading on iPhone,Tablet,Mac,Android,WEB.
Below we show some of the best alternatives to WellsTrade that allow hedging services to their customer 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 list some of the best alternatives to WellsTrade that has 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 list some of the best alternatives to WellsTrade that offer copy trading to their users
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
WellsTrade |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare WellsTrade To All Other Brokers