freetrade Review: Pros & Cons | for 2023
This freetrade review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about freetrade to give you the most comprehensive guide available.
freetrade is a world class broker that was founded in 2016. They have around 220 employees that help the company offer Financial Markets Access, to 890,000+ clients through MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.
freetrade Guide – Read our In-Depth freetrade Review
freetrade Rating: 9.30 / 10
This freetrade review page contains information about investing with freetrade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of freetrade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
This freetrade review contains the most recent information about freetrade.
If you are new to the realm of trading online and brokers, so many nuances will no doubt be confusing for you. Getting into the world of trading online demands expert analytical skills and comprehensive knowledge. You'll acquire proficient at all the concepts of online trading and brokers as you keep trading. For starters, you have to select the ideal online trading platform who will always be clear with you.
In this fast-paced world of stock markets and trading, you will need guidance to make sensible decisions. A professional, direct investment program could assist you in minimising any losses and maximising any returns. freetrade is just one such stage that can assist you. It's important that you know about any broker until you trust them with your money.
freetrade Review for 2023 – Brief Summary
| freetrade Telephone: | +44 203 488 2539 |
| freetrade Support Email: | hello@freetrade.io |
| freetrade Address: | 68 Hanbury St, London, Greater London E1 5JL, GB |
| Year Founded: | 2016 |
| Regulated By: | Financial Conduct Authority. Registered in England and Wales (no. 09797821) |
| Hedquarters: | United Kingdom |
| Minimum Deposit: | $0 |
| Number Of Clients: | 890,000+ freetrade users and traders |
| freetrade TrustPilot: | https://uk.trustpilot.com/review/freetrade.io |
| freetrade LinkedIn: | https://www.linkedin.com/company/freetrade/ |
| freetrade Facebook: | https://www.facebook.com/freetradeapp |
| freetrade Facebook Likes: | 6,360 |
| freetrade Twitter: | @freetrade |
| freetrade Twitter Followers: | 24,600 |
| freetrade Instagram: | https://www.instagram.com/freetrade/ |
| freetrade Instagram Followers: | 15,400 |
| freetrade Youtube: | https://www.youtube.com/channel/UCoDt6n_cUHbQ1fW_k9kH8Xw |
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The value of investments can go up as well as down and you may receive back less than your original investment. |
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Our entire freetrade review for beginners covers all you need to know about trading via freetrade. A fantastic broker can take your initial investments and help to protect it from losses but also provide you a platform that can help to provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
Of course, there's absolutely no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you choose them. It's a frequent misconception that all brokers are the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
freetrade is a trading partner which has forged its way successfully into the brokerage world. In this review, we have tried to collate a number of the vital aspects of freetrade. This guide can allow you to understand whether freetrade is a fantastic fit for your own investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Who are freetrade?
freetrade is a foreign exchange broker with its head office in United Kingdom and provides a variety of instruments for online trading. Since its start in 2016 they have emerged as a top-tier player in the field of online trading. freetrade includes a highly professional and full-featured trading website that is focused on currency, indices, metals, stocks and commodities.
Over the past 7 years, freetrade has become one of the best online brokers available to the public.
After establishing itself in 2016, their customer base has become as large as 890,000+ clients.
freetrade is a favourite for many traders because of its negative balance protection. Our freetrade account review found that they're a professional platform for online trading solutions. They're best suited for investors that are searching for an assortment of assets. Social and easy to use trading solutions are the heart at freetrade.
Technology plays a significant role in freetrade. They features trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. freetrade is honest, transparent, and also a well-regulated broker by the Financial Conduct Authority. Registered in England and Wales (no. 09797821). Their outstanding array of tools will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
Who Founded freetrade?
The founders of freetrade are Adam Dodds, Andre Mohamed, Davide Fioranelli, Ian Fuller, Viktor Nebehaj
The creators of freetrade are famous for their experience in the world of online trading. However, there are a lot of other key employees at freetrade who have a significant contribution to it's success.
The trader resource department at freetrade is quite insightful for new dealers since it permits them to get a closer look in the financial markets. freetrade caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
freetrade Review Videos
Benefits of trading with freetrade in 2023
Trading with freetrade comes with many advantages. These advantages are what sets freetrade apart from all other online brokers. You should check all of the benefits listed so you have a better comprehension of freetrade.
The broker goes to great lengths to understand what dealers want. Consequently, the support, quick, and convenient. The broker also provides a number of programs for all types of traders. freetrade helps to ensure that the individual needs of all online traders are met to the best of their capabilities.
freetrade also features excellent trading conditions which are available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a fantastic advantage for all traders. The technology adopted by freetrade is of the maximum caliber, making sure that it is fast, reliable, and effective.
freetrade admits the importance of owning a fast order execution. A quick implementation will allow users to exchange without fretting about slippage safely. It will also help the traders to catch any opportunities.
Copy trading is another important aspect of freetrade. A new dealer can learn from business experts using the automated copy trading option. This allows you to see the best performing brokers and instantly mirror their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, freetrade offers social trading which encompasses leading traders sharing their knowledge with the community. freetrade'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. Intermediate traders can then absorb this expert knowledge and create their own trades. This is independent copy trading.
freetrade has over 115 trading instruments to support all types of traders. These tools are dynamic and convenient for both the new and seasoned traders. All dealers can put aside all their concerns when trading with freetrade.
freetrade Overview
Year Founded: 2016
Regulated By: Financial Conduct Authority. Registered in England and Wales (no. 09797821)
Hedquarters: United Kingdom
Minimum Deposit: $0
Number Of Clients: 890,000+
The value of investments can go up as well as down and you may receive back less than your original investment.
If you feel that freetrade is not right for you then at the bottom of this freetrade review you will find a lot of alternatives to freetrade.
What you ought to know about trading with freetrade
freetrade is a lively platform that offers various methods of trading online. These instruments cover the monetary markets substantially. Most of the broker platforms offer less procedures than freetrade
If you want to trade with freetrade, you will require a minimum deposit of $0. This deposit is required if you want to begin trading with freetrade. This 2023 freetrade review will guide you safely about trading with them.
freetrade is as versatile as any other broker platform. freetrade is excellent for traders who want a manageable array of cheap services. The platforms provided by freetrade are third-party, white-label offerings. All traders may choose from MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Together with everything, freetrade has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a transaction has to be kept available. The agents provide premium customer service that rewards customers with benefits.
Many less reputable brokers try to pressurise consumers into larger funding for superior services. freetrade, however, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more benefits will become available.
freetrade accounts are available around the world and provides excellent service everywhere they have customers. There are a few countries where freetrade accounts are not available. Traders in the following countries cannot open or use a freetrade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
Is freetrade Safe To Trade With In 2023?
Launched in 2016, freetrade has been open for 7 years, they are headquarted in United Kingdom
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821). These bodies have rules that mandate that trading platforms have steps in place to keep investor's resources procured. This usually means that freetrade users do not need to be worried about their money as it is segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information also.
You are able to make use of an option for 2 Factor Authentications (2FA) with freetrade for increased safety. An SMS with the confirmation code will be sent to a phone. You will be required to input this code to log in to your account.
Another concern with financial brokers with respect to security might be manipulation of trading. This is highly disadvantageous to users on those platforms. Nonetheless, this is much more prevalent in the example of Market Maker agents who compete with customers on the platform.
freetrade Risk Disclaimer
Freetrade does not provide investment advice and individual investors should make their own decisions or seek independent advice. The value of investments can go up as well as down and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821)
Pro's & Con's Of Trading With freetrade
Every online trading platform has some ups and downs, and no freetrade review would be complete without having a balanced approach. This freetrade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
freetrade Pro's
freetrade is highly rated by us.
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
freetrade offers customer support over the phone.
freetrade provides customer support over email.
freetrade gives access to customer support over livechat.
freetrade is an award winning broker.
freetrade offers negative balance protection.
freetrade has a low minimum deposit requirement.
freetrade doesn't charge withdrawal fees.
freetrade doesn't charge inactivity fees.
You can trade Cryptocurrencies with freetrade.
freetrade has over 100 employees.
freetrade offers social trading.
freetrade offers copy trading.
freetrade allows scalping.
freetrade allows hedging.
freetrade allows commodity trading.
You can trade metals with freetrade.
You can trade energies with freetrade.
freetrade Con's
freetrade doesn't offer guaranteed stop loss.Compare Brokers Similar To freetrade
Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
freetrade, as a company, has a strong collection of rules for ensuring fair trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
freetrade Awards
freetrade have won several industry awards over the time they have been running as an online broker. We detail the most recognised awards for freetrade here.
- In 2019 freetrade was awarded Best Share Trading Platform.
- In 2019 freetrade was awarded Best New Investment Service.
- In 2020 freetrade was awarded Best Online Trading Platform.
- In 2021 freetrade was awarded Best Commission-Free Stockbroker.
- In 2021 freetrade was awarded Best Online Trading Platform.
freetrade Trading Platforms
freetrade are a reputable broker that has been open for over 7 years. They offer a large range of options in their client accounts.
In the following table we take the main parts of any good broker and compare freetrade with easyMarkets, and PUPRIME.
freetrade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with freetrade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. freetrade MetaTrader 4 is compatible with the latest macOS. freetrade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and freetrade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With freetrade MetaTrader 4 On iOS Devices
You can download the freetrade app or also trade with freetrade through the MetaTrader 4 application on the Apple app store.
Download the freetrade MetaTrader 4 Program free of charge from Apple's App Store. freetrade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With freetrade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. freetrade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 890,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android freetrade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to begin on freetrade is $0. This is an adequate amount for people just starting out. It's possible to create more complex deposits as you cooperate. However, ensure you understand how to make the most of your money before investing larger sums.
Commission And Fees Explained
freetrade is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of penalties for this purpose.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such instances, you're spending a spread, financing speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are people who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They're billed for operations like depositing money, not trading for long periods, or withdrawals.
Generally, freetrade doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by freetrade are comparatively lower. Consequently, you're billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This freetrade review breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees Of freetrade
freetrade Withdrawal Fees Explained
freetrade doesn't charge withdrawal fees.Withdrawal of money is possible at any time from the freetrade account. You can withdraw up sums to the sum of your account balance, keeping aside the margin used. 1 thing to remember is that you don't necessarily have to have any money on your account.
Moreover, the withdrawn money will be transferred directly to the account you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn cash is going to be sent into the cardfreetrade will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you are opting to draw in.
freetrade Inactivity Fees Explained
freetrade doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges are indicated by freetrade, it's better that you close the account if you are inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you've chosen. The inactivity fee is exposed to a lot of conditions and should be revealed clearly by the broker beforehand.
freetrade Deposit Fees Explained
When you transfer money in your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this particular operation.
freetrade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the freetrade trading platform is simple. You just have to finish a single-user profile questionnaire to begin depositing money into your trading account. You'll need to give an identity evidence and proof of residency to deposit large amounts.
Compare freetrade Vs Other Broker Deposit Methods
What Can You Trade With freetrade in 2023?
Note: freetrade provides many different trading instruments due to regulatory restrictions in many countries. Trading instruments offered will differ based on the country of residence of the client.
freetrade has a wide variety of over 115 instruments available for you to trade with.
If trading forex pairs is of interest to you then freetrade offer over 85 forex pairs.
Compare freetrade, easyMarkets & PUPRIME below.
freetrade Trading App Review
Note: freetrade's mobile app has many functions and is being constantly developed. What follows was accurate at the time of compiling this freetrade broker review.
Understand the capabilities of the mobile apps of freetrade, easyMarkets & PUPRIME below.
Trading Education Available At freetrade
Understand the trading resources available with freetrade, easyMarkets & PUPRIME below.
freetrade Customer Support
For our freetrade broker review we looked at the options for customer service as well as response times. on the freetrade trading platform problem solving effectiveness. freetrade provides support in many languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
freetrade Live Chat Support
We have tested the livechat experience with freetrade, and it was very effective. We have sent messages via freetrade livechat through their app and website and recieved a response within 20 seconds. There was sometimes no response.
We tested communicating through freetrade support in a variety of languages across multiple countries. freetrade were successful in resolving client's problems.
freetrade Phone Support
We made a call to freetrade and the call was answered very quickly. It was responded to within less than five to ten minutes.
The freetrade phone support team were able to successfully address our queries and problems on the phone. We tested the multi-lingual freetrade team by making calls in various languages. freetrade made an effort to make sure our queries were answered.
The overall phone support provided by freetrade was good.
freetrade Email Support
We have sent numerous email to freetrade and the response times were all very good. The fastest email response from freetrade was 3 hours while the longest response time was 3 days! Sometimes there were no responses. Response times to support may differ for you at freetrade, but this was our experience sending out 10 emails at various times.
The team was able to resolve and answer our questions. The overall average of email support provided by freetrade was good.
Alternatives To freetrade
If, after studying this freetrade review, they do not fulfill your needs check out these freetrade alternatives.
We've scoured the web to find the best alternatives to freetrade. Click on the hyperlinks below to find out more.
Frequently Asked Questions
Can I try freetrade before I buy?
Absolutely! you can most definitely try freetrade before you buy. freetrade offers demo accounts for the convenience of inexperienced traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.
If you register for a demonstration account with freetrade, you may set out with a decent amount of virtual currency. It is to establish a feeling of security and confidence in you before you choose to spend your own money.
With this virtual freetradedemo account, you are able to experiment in any way, to whatever period you desire. You can even start positions, examine different trading strategies, and more.
freetrade shows on its official website that you can trade real time stocks with your demo account.
Is freetrade safe?
It is possible to drop all of your worries because we believe that freetrade is totally safe to use. It is in compliance with the rules of Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Nevertheless, freetrade doesn't have assured stop-loss protection.
Why does freetrade ask for my passport?
The reason that freetrade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, freetrade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, freetrade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with freetrade?
The process to start trading with freetrade is super simple. You need to begin by signing up on the freetrade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but freetrade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with freetrade is $0. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with freetrade.
The best way to kickstart your trading career with freetrade is to open a demo account facility before risking any real money
What funding methods do freetrade accept?
There are multiple ways to finance your accounts with freetrade. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to bear in mind that PayPal is not available in every country. The currencies freetrade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, though it takes approximately 4-7 days.
Is my money safe with freetrade?
Yes, your cash is safe and secure with freetrade. As you already know, freetrade operates with good conformation to regulations. It has established lots of steps to guard all of its own investors.
freetrade safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be retained highly secure in top-tier banks.
If you wish to further protect your accounts, it is possible to enable Two-Step Verification also. It takes an SMS affirmation for you to get your account.
Is freetrade trading good?
Yes, trading via freetrade is a nice and good experience indeed. It's a great and intuitive platform with helpful features for your ease. Moreover, you could even gain access to a vast selection of educational resources and assistive material to kickstart your trading experience.
If you remain skeptical, it is possible to start a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do freetrade support?
freetrade operates around the world. However, due to regulations freetrade doesn't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
Is freetrade legit?
freetrade is a legit company headquarted in United Kingdom since 2016. They are regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821). freetrade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is freetrade a good broker?
freetrade is a great agent, and its users can vouch for this. The highlight of the platform is its quick order execution on transactions.
You will find the clean layout of the platform and the commendable features are pleasant to work with.
Is freetrade a trustworthy broker?
Yes, freetrade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 890,000+ users registered with them can affirm to their trustworthy nature.
Click here to see the freetrade TrustPilot page
What is the minimum deposit for freetrade?
The minimum deposit to open a live account with freetrade is $0
How long do freetrade withdrawals take?
Normally, withdrawal of money from freetrade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from freetrade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is freetrade regulated?
freetrade are regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821)
Is freetrade a market leading broker?
freetrade is indisputably one of the industry leaders. It supports over 890,000+ registered customers and over 7 years of experience on its record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide selection of resources plus tools so that you can invest in capital markets.
Is freetrade a con?
No, freetrade is not a con. They are regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) and must adhere to their rules. Thus, it is safe to say that freetrade is not a scam.
Can you make money with freetrade?
Using freetrade, several traders earn a lot of cash. However, just like all online trading platforms, it is important to note that traders can also lose money. In particular, The value of investments can go up as well as down and you may receive back less than your original investment.
This can look like a little number, but over the entire year, it adds to a significant number of gains. Even though freetrade provide you all the tools to make money, they can't guarantee you will gain.
Does freetrade have fees?
Yes. To begin trading with freetrade, you need to deposit $0. Particular commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.
When was freetrade founded?
freetrade was founded in 2016 in United Kingdom. freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
How many people use freetrade?
freetrade is a globally recognised broker with 890,000+ customers.
Where is the freetrade head office?
freetrade has its head office in United Kingdom
Does freetrade offer negative balance protection?
Yes, freetrade has Negative Balance Protection. It's specially offered when the industry volatility prevents customers from allowing their account go into the red. In a situation like this, freetrade provides the ability to reset a customers account balance to zero.
You are able to go through the critical stipulations on freetrade's website to comprehend their policies better.
Does freetrade offer guaranteed stop loss?
freetrade, unfortunately, does not provide guaranteed stop loss. freetrade gives an opportunity for its dealers to close their trades at their specified price. Apart from that, freetrade does not offer guaranteed stop loss.
Does freetrade allow scalping?
Yes, freetrade does permit scalping. Many traders across the world select freetrade for their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which let this.
Does freetrade allow hedging?
Yes, freetrade does allow hedging.
Can you trade energies with freetrade?
Yes, you can trade energy stocks with freetrade
Can you trade agricultural shares with freetrade?
No, unfortunately you cannot trade agricultural stock with freetrade
Can you trade cryptocurrency with freetrade?
Yes, you can trade cryptocurrency with freetrade
Can you trade metals with freetrade?
Yes, you can trade metals with freetrade
Can you trade UK Shares with freetrade?
No, unfortunately you cannot trade UK shares with freetrade
Can you trade US Shares with freetrade?
No, unfortunately you cannot trade US shares with freetrade
Can you trade Japanese Shares with freetrade?
No, unfortunately you cannot trade Japanese shares with freetrade
Can you trade German Shares with freetrade?
Yes, you can trade German shares with freetrade
Does freetrade accept bank transfers?
Yes, freetrade accepts bank transfers for depositing money.
Does freetrade accept credit cards?
Yes, freetrade accepts credit cards for depositing money.
Does freetrade accept PayPal?
Yes, freetrade accepts PayPal for depositing money.
Does freetrade accept Skrill?
Yes, freetrade accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is an online wallet service that was established in 2001 that offers a variety of online payment and money transfer services.
Since its launch, Skrill has expanded to operate in over 120 countries with the digital wallet available in more than 40 currencies. Customers can transfer funds to their Skrill wallet through a variety of payment options , including bank transfer, card as well as a variety of alternative payment options. The funds can later be used to make payments to merchants or other Skrill users, or transferred into crypto.
Skrill also offers cross-border payments through its remittance services Skrill Money Transfer. The service enables customers to transfer money to an account at a bank overseas using their bank card. The service was acquired in 2015 by the Paysafe Group. Skrill was acquired by the Paysafe Group along with former competitors Neteller and prepaid payment provider paysafecard.
Skrill has several licenses that allow it to provide its services in Europe as well as globally. Skrill is operated by Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by the Central Bank of Ireland, for its European authorized activities. Skrill's operations outside of Europe are managed by European Economic Area are operated by Skrill Limited - a company which is incorporated inside the United Kingdom and regulated by the Financial Conduct Authority.
Does freetrade accept Payoneer?
Yes, freetrade accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.
Does freetrade accept Neteller?
Yes, freetrade accepts Neteller for depositing money.
Does freetrade offer Live Chat customer support?
Yes, freetrade offers customer support through live chat.
Does freetrade offer phone customer support?
Yes, freetrade offers customer support over the telephone.
Does freetrade offer email customer support?
Yes, freetrade offers customer support through email.
What languages can freetrade communicate in?
freetrade has the ability to communicate and support customers who speak: English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Does freetrade have a wikipedia page?
Yes, freetrade does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/Freetrade
Does freetrade offer demo accounts?
Yes, freetrade 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 areas of Forex trading and test out some of the company’s features before getting a live account.
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