freetrade Review: Pros, Cons, And How It Compares | Updated for 2024
This freetrade review 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 freetrade to give you the most comprehensive guide available.
freetrade is a leading trading partner that was founded in 2016. They have around 220 staff that help the company offer Financial Markets Access, to 890,000+ customers 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.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
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 latest details about freetrade.
If you're a new entrant in the world of online trading and brokerages, so many facts will no doubt be confusing for you. Getting into the area of trading online demands expert analytical skills and comprehensive knowledge. You will acquire proficient at all the concepts of online trading and brokerages while you continue trading. For starters, you have to select the ideal online broker who will consistently be transparent with you.
Within this fast-paced universe of stock markets and trading, you'll need advice to make sensible decisions. A professional, direct investment program could assist you in minimising any losses and maximising any profits. freetrade is just one such stage which can help you. It's important to know about any broker before you trust them with your cash.
When engaging in online trading with platforms such as freetrade, it's crucial to carefully assess freetrade as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your freetrade investments to prosper. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and methodical in your freetrade broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability of freetrade, its track record, and reputation is vital. Moreover, ensure the freetrade broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, freetrade should be a supportive ally on your trading journey.
Our team has strived to simplify the intricate world of trading with freetrade into easily understandable information in this freetrade review. Our goal is to equip you with the knowledge necessary to confidently use freetrade trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with freetrade are the cornerstone of successful trading. As such, we've provided this in-depth freetrade review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about freetrade and how it can benefit you, or if freetrade might not be the right fit for you.
freetrade Guide for 2024 – 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 |
The value of investments can go up as well as down and you may receive back less than your original investment. |
Our entire freetrade review for beginners covers everything you will need to learn about trading with freetrade. A fantastic broker can take your initial investments and help to protect it from losses but also give you a platform that can help to give you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investing objectives.
Of course, there is no sure-fire way to guarantee profits; thus, you must carefully assess your broker before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.
freetrade is a trading partner that has forged its way successfully into the brokerage world. In this review, we have attempted to collate some of the vital facets of freetrade. This guide will help you to understand whether freetrade is a good fit for your own investments or not. We have tried to breakdown all the features and charges for your convenience.
Who are freetrade?
freetrade is a online trading broker headquartered in United Kingdom and provides a range of instruments for online trading. Since its inception in 2016 they have emerged as a top-tier player in the industry of online trading. freetrade has an extremely aggressive and full-featured trading website that's focused on currency, indices, metals, stocks and commodities.
Over the past 8 years, freetrade has grown into one of the top online brokers available to the public.
After establishing itself in 2016, their consumer base has increased to 890,000+ clients.
freetrade is a favourite of many traders because of its negative balance protection. Our freetrade account review found that they're a superb platform for online trading solutions. They are most appropriate for investors that are looking for an assortment of assets. Social and easy to use trading options are the heart at freetrade.
Technology plays a substantial role at freetrade. They features trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. freetrade is fair, transparent, and 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 most traders. Third-party partnerships also supply 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 known for their experience in the world of internet trading. However, there are a lot of other important men and women at freetrade who have a significant impact on it's success.
The educational section at freetrade is quite enlightening for new dealers as it allows them to get a closer look at the financial markets. freetrade caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
freetrade Review Videos
Benefits of trading with freetrade in 2024
Trading with freetrade includes numerous advantages. These benefits are what sets freetrade ahead of all other online brokers. You need to check all of the benefits listed so that you have a better understanding of freetrade.
The agent goes to great lengths to understand what traders want. Consequently, the support, quick, and convenient. The broker also gives a variety of programs for all types of traders. freetrade helps to ensure that the individual needs of all traders are met to the best of their capabilities.
freetrade also features excellent trading conditions that are readily available to all and not just an elite group of institutional clients. The tight spreads and fast executions are a great advantage for all traders. The technology embraced by freetrade is of the maximum caliber, making sure that it is fast, dependable, and efficient.
freetrade acknowledges the significance of having a fast order execution. A quick execution will allow users to trade without worrying about slippage safely. It is going to also help the dealers to catch any opportunities.
Copy trading is another important facet of freetrade. A new dealer can learn from industry experts using the automated copy trading option. This allows you to monitor well 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. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
freetrade has over 115 trading instruments to support all types of traders. These tools are lively and suitable for both new and seasoned traders. All traders can put aside all their concerns when trading using 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 using freetrade
freetrade is a dynamic platform that offers various methods of online trading. These tools cover the financial markets considerably. The Majority of the brokerage platforms offer less approaches than freetrade
If you want to trade with freetrade, you will need a minimum deposit of $0. This deposit is compulsory if you wish to begin trading with freetrade. This 2024 freetrade review will direct you easily about trading with them.
freetrade is as flexible as any other brokerage platform. freetrade is great for traders that want a manageable array of low-cost services. The programs provided by freetrade are third party, white-label offerings. All traders may select 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 is no minimum time on which a trade has to be kept available. The brokers provide premium client service that rewards clients with advantages.
Many less reputable brokers try to pressurise consumers into larger funding for superior services. freetrade, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will come along.
freetrade accounts are available around the world and provides outstanding service everywhere they have customers. There are only a select 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 2024?
Founded in 2016, freetrade has been operating for 8 years, they have a head office in United Kingdom
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821). These figures have rules that make sure that trading platforms have steps in place to maintain investor's assets secured. This means that freetrade users don't need to worry about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's private information as well.
You are able to make use of an option for 2 Factor Authentications (2FA) with freetrade for heightened security. An SMS for the confirmation code will be sent to your phone. You'll be asked to enter this code to log in to your accounts.
Another concern with financial brokers is in regards to security might be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is more prevalent in the case 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 will have some ups and downs, and no freetrade review would be complete without showing both sides. 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 business, has a powerful set of rules for ensuring honest trading onto its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
freetrade Awards
freetrade have won many industry awards over the time they have been operating as an online trading platform. We show 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 trustworthy trading platform that has been operating for over 8 years. They offer a wide range of options in their customer accounts.
In the following table we take the main parts of any good online brokerage and compare freetrade against Startrader, and easyMarkets.
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 get started on freetrade is $0. This is a decent amount for those just starting out. It's possible to make more advanced deposits as you cooperate. But, ensure you know how to make the most of your money before investing larger amounts.
Commission And Fees Explained
freetrade is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. In other words, an internet broker is not necessarily affected by the amount of customers they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily three different types of penalties for this purpose.
The first kind of charges to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In these instances, you are spending a spread, funding rate, or even a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those that are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for things like depositing money, not trading for long periods, or withdrawals.
Generally, freetrade doesn't charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly exchange, such as daily or weekly trading.
But, non-trading fees billed by freetrade are comparatively competitive. Consequently, you're charged more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not related to the purchase and sale of resources.
This freetrade review breaks down every one of the relevant non-trading fees 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 your freetrade account. It's possible to draw sums up to the sum of your account balance, keeping aside the margin used. One thing to keep in mind is that you don't necessarily need to have any cash on your accounts.
Moreover, the withdrawn money will be transferred directly to the account you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money 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 the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you're choosing to withdraw 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 for you to close the account if you're inactive. Inactivity fees are not just charged by brokerage companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is subjected to many conditions and should be revealed clearly by the agent beforehand.
freetrade Deposit Fees Explained
When you transfer money in your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers don't charge an excessive amount of 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 cash onto the freetrade trading platform is easy. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit substantial sums.
Compare freetrade Vs Other Broker Deposit Methods
What Can You Trade With freetrade in 2024?
Note: freetrade offers a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will differ depending 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 currency pairs is of interest to you then freetrade offer over 85 currency pairs.
Compare freetrade, Startrader & easyMarkets below.
freetrade Trading App Review
Note: freetrade's mobile app has a lot of functions and is being constantly developed. The below information was correct at the time of compiling this freetrade broker review.
Understand the capabilities of the mobile apps of freetrade, Startrader & easyMarkets below.
Trading Education Available At freetrade
Understand the trading resources available with freetrade, Startrader & easyMarkets below.
freetrade Customer Support
As part of this freetrade broker review we tested the options for customer service as well as response times. on the freetrade trading platform issue solving effectiveness. freetrade supports a wide range of languages including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
freetrade Live Chat Support
We tried the live chat on freetrade and it worked flawlessly. We sent messages via freetrade livechat via their website and app and recieved a response in less than 20 seconds. Sometimes , there was no response.
We tried communicating via freetrade support in multiple languages and in various countries. freetrade were able to resolve our customers' problems.
freetrade Phone Support
We made a call to freetrade and the call was answered very quickly. The call was answered within less than five to ten minutes.
The freetrade phone support team were able to effectively address our queries and problems via phone. We tested the multi-lingual freetrade team by calling in varying languages. freetrade made efforts to ensure that our questions were addressed.
Overall, the phone support from freetrade was okay.
freetrade Email Support
We sent several email to freetrade and responses were generally very good. The fastest email response time from freetrade was 2 hours while the most slow response was 8 days! Sometimes there wasn't a response. Response times to support may differ depending on what is needed from freetrade, but this was our experience sending 10 emails at varying times.
The team resolved and answered our questions. Overall average email support from freetrade was outstanding.
Alternatives To freetrade
If, after reading this freetrade review, they don't fulfill your requirements check out these freetrade alternatives.
We have scoured the web to find the best alternatives to freetrade. Click on the hyperlinks below to learn more.
Frequently Asked Questions
Can I try freetrade before I buy?
Yes, you can most definitely try freetrade before you buy. freetrade provides demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up for a demonstration account on freetrade, you will set out with a decent amount of virtual currency. It is to establish a feeling of safety and confidence in you before you decide to spend your own money.
With a virtual freetradedemo account, you can experiment at all, to whatever length you desire. You might also start positions, examine different trading strategies, and much more.
freetrade shows on its official site that you can trade real time stocks in a demo account.
Is freetrade safe?
It is possible to drop all your worries since we believe that freetrade is perfectly safe to use. It is in compliance with all the rules of Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Nevertheless, freetrade doesn't give 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 methods to finance your accounts with freetrade. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You have to bear in mind that PayPal isn't available in all place. The monies 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, even though it takes about 4-7 days.
Is my money safe with freetrade?
Yes, your cash is safe and secure with freetrade. As you already know, freetrade works with proper conformation to regulations. It's established plenty of measures to guard all of its investors.
freetrade protects its clients' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further safeguard your account, it is possible to enable Two-Step Verification as well. It requires an SMS affirmation that you get your account.
Is freetrade trading good?
Yes, trading through freetrade is a nice and decent experience indeed. It is a great and intuitive platform with useful features for your simplicity. In addition, you can also obtain access to a huge collection of educational resources and assistive material to kickstart your trading expertise.
If you are still skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform on your own.
Which Countries do freetrade support?
freetrade operates around the globe. However, due to regulations freetrade can't accept clients from 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 an excellent agent, and its own users may vouch for it. The highlight of the platform is its quick order execution on transactions.
You'll discover the clean design of this platform and the admirable 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 among the industry leaders. It has over 890,000+ registered customers and over 8 years of experience on its own record. They are among the world's top trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and broad selection of tools plus resources so 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, many traders make a great deal of cash. But, 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 may seem to be a small number, but within the entire year, this adds to a substantial number of gains. Even though freetrade supply you all of the tools to make money, they cannot guarantee that you will profit.
Does freetrade have fees?
Yes. To begin trading using freetrade, you have to deposit $0. Certain commissions while trading additionally applies. 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 worldwide 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 especially offered when the industry volatility prevents clients from allowing their accounts go in the red. In a situation like this, freetrade offers the ability to reset a clients account balance to zero.
You can go through the critical stipulations on freetrade's site to comprehend their policies better.
Does freetrade offer guaranteed stop loss?
freetrade, regrettably, does not offer guaranteed stop loss. freetrade provides a chance for its dealers to close their trades at their specified price. Aside from that, freetrade does not offer guaranteed stop loss.
Does freetrade allow scalping?
Yes, freetrade does permit scalping. Several traders throughout the world select freetrade due to their scalping services. They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow 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 be available in more than 120 countries with the digital wallet available in 40 different currencies. Customers can deposit money into their Skrill wallet by using a variety of payment options including by bank transfer, card and a variety of other payment options. The money can be used to pay merchants as well as others Skrill customers, or converted to cryptocurrency.
Skrill also provides cross-border payment via its remittance service Skrill Money Transfer. Customers can send money to an account at a bank overseas using their bank card. In 2015, Skrill was acquired by the Paysafe Group along with former rival Neteller and the prepaid payment company paysafecard.
Skrill has several licenses that allow it to provide its services across Europe and globally. Skrill is run via Paysafe Payment Solutions Limited, a company incorporated in Ireland and regulated by the Central Bank of Ireland, for its European authorized operations. Skrill's operations outside of its European Economic Area are operated by Skrill Limited - a company that is incorporated in 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 or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. 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.
Payoneer is a content creator and works with Pond5, iStock, Pond5 and other companies as well as the freelance market.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 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 virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the features before risking a live account.
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Table Of Contents
- Who are freetrade?
- Benefits Of Trading With freetrade
- Everything you should know about trading with freetrade
- Is freetrade Safe To Trade With?
- freetrade Risk Disclaimer
- Pro's & Con's Of Trading With freetrade
- Compare Brokers Similar To freetrade
- freetrade Regulation And Licencing
- freetrade Awards
- Minimum Deposit Required For A Live Account With freetrade
- freetrade Commission And Fees
- Compare broker fees against freetrade
- freetrade Withdrawal Fees Explained
- freetrade Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With freetrade?
- freetrade Customer Support
- freetrade Live Chat Support
- freetrade Phone Support
- freetrade Email Support
- Alternatives To freetrade
- Frequently Asked Questions About freetrade