easyMarkets vs freetrade, Who's The Best?
Read our In-Depth easyMarkets vs freetrade Review - Updated for 2022
This easyMarkets vs freetrade review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this easyMarkets vs freetrade review does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
Compare easyMarkets vs freetrade
Every online trading system has some ups and downs, and no easyMarkets and freetrade review would be complete without showing both sides. Compare easyMarkets and freetrade to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a broker and are choosing between easyMarkets or freetrade. Which one is best in 2022?
Our easyMarkets vs freetrade comparison contains the latest information so you can easily compare freetrade against easyMarkets.
If you are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll get adept at all the concepts of broker as you continue trading. For starters, you need to select the right agent who will be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. easyMarkets and freetrade are just two such companies which will take you along with your investment to great heights. It is crucial to compare easyMarkets vs freetrade until you trust them with your cash.
Our easyMarkets vs freetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and freetrade side by side.
Our full easyMarkets vs freetrade Review covers all you will need to learn about trading with either easyMarkets or freetrade. A fantastic broker can multiply your first investments and provide you positive profits. If you want to make profits, you should trade with a broker service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a frequent misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
easyMarkets and freetrade are both brokers that have forged their way successfully into the broker world. Within this review, we have attempted to collate some of the vital aspects of both easyMarkets and freetrade. This review will allow you to know whether either freetrade or easyMarkets is a fantastic fit for your investments or not. We have tried to breakdown all of the features and charges for your convenience.
Benefits of easyMarkets and freetrade Compared
easyMarkets has a minimum deposit of $100 while freetrade has a $0 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets and freetrade compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
easyMarkets allows you to trade around 200 financial instruments while freetrade has around 200 on their platform.
The more financial instruments you can trade on the easyMarkets and freetrade platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of easyMarkets or freetrade.
easyMarkets and freetrade Contact Details
Being able to contact an online trading platform through many ways is important. easyMarkets and freetrade have the following contact details and social medias that you can use.
|Telephone Number||+357 25 828 899||+44 203 488 2539|
|Address||1 Griva Digheni, Limassol, Limassol 3035, CY||68 Hanbury St, London, Greater London E1 5JL, GB|
|easyMarkets Twitter Account||freetrade Twitter Account|
|easyMarkets Facebook Page||freetrade Facebook Page|
|easyMarkets Instagram Account||freetrade Instagram Account|
|easyMarkets LinkedIn Page||freetrade LinkedIn Page|
|YouTube||easyMarkets YouTube Channel||freetrade YouTube Channel|
|Find Out More||
freetrade and easyMarkets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing easyMarkets and freetrade will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
easyMarkets vs freetrade - Awards
easyMarkets have won many industry awards over the time they have been running as a financial broker. We list the most recognised awards for easyMarkets below.
freetrade have won a lot of industry awards over the time they have been operating as a financial broker. We show the most recognised awards for freetrade below.
|Find Out More||
easyMarkets vs freetrade - Frequently Asked Questions
easyMarkets vs freetrade - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its headquaters in Cyprus, Australia.
freetrade was founded in 2016 and has its headquaters in United Kingdom.
What is the minimum deposit for freetrade or easyMarkets
The minimum deposit for easyMarkets is $100.
The minimum deposit for freetrade is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both easyMarkets and freetrade are a good choice.
easyMarkets vs freetrade - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Both easyMarkets and freetrade have a powerful set of rules for ensuring honest trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare easyMarkets vs freetrade Commission And Fees
easyMarkets and freetrade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you are paying a spread, funding speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the actions you undertake in your account. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither easyMarkets or freetrade charge high fees compared to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by easyMarkets and freetrade are relatively higher. As a result, you're billed more for non-trading activities on your trading account, like deposits and withdrawal. These are not about the sale and purchase of assets.
This easyMarkets vs freetrade review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For easyMarkets And freetrade
What Languages Do easyMarkets And freetrade Support?
Being able to communicate easily with your online platform is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading online.
Here you can find all the languages that both easyMarkets and freetrade offer communication in.
How Many Clients Do easyMarkets and freetrade Have?
Both easyMarkets and freetrade are well established with their customer base. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients easyMarkets and freetrade have
|Clients / Users||142,500+||890,000+|
|Find Out More||
What Payment Methods Do easyMarkets and freetrade Accept?
easyMarkets and freetrade both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at easyMarkets and freetrade
What Can You Trade With easyMarkets and freetrade?
easyMarkets offers 200 trading instruments and freetrade offers 115.
Below you will find a full breakdown of what both easyMarkets and freetrade offer.
Compare easyMarkets To All Other Brokers
Compare freetrade To All Other Brokers
easyMarkets vs freetrade:
Table Of Contents
- Compare easyMarkets vs freetrade
- Benefits of easyMarkets and freetrade Compared
- freetrade and easyMarkets Mobile App Comparison
- easyMarkets vs freetrade - Awards
- easyMarkets vs freetrade - Frequently Asked Questions
- What is the minimum deposit for freetrade or easyMarkets
- easyMarkets vs freetrade - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And freetrade
- What Languages Do easyMarkets And freetrade Support?
- How Many Clients Do easyMarkets and freetrade Have?
- What Payment Methods Do easyMarkets and freetrade Accept?
- What Can You Trade With easyMarkets and freetrade?