freetrade vs ATFX, 2023 Update
Read our In-Depth freetrade vs ATFX Review - Updated for 2023
This freetrade vs ATFX review has been updated for 2023 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 freetrade vs ATFX review does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
ATFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs ATFX
Every online trading platform has a few ups and downs, and no freetrade and ATFX review would be complete without showing both sides. Compare freetrade and ATFX to understand how they line 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 reputable broker and are choosing between freetrade or ATFX. Which one is best in 2023?
This freetrade vs ATFX comparison contains the latest information so you can easily compare ATFX against freetrade.
If you are a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of broker since you keep trading. For starters, you need to choose the ideal broker who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. freetrade and ATFX are two such companies that will take you and your investment into great heights. It's crucial that you compare freetrade vs ATFX until you trust them with your cash.
Our freetrade vs ATFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and ATFX side by side.
Our full freetrade vs ATFX Review covers everything you will need to learn about trading using either freetrade or ATFX. A fantastic broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you must trade with a brokerage service that contrasts with your investment goals.
There's absolutely no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you choose them. It is a frequent misconception that all agents are the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
freetrade and ATFX are both brokers which have paved their way successfully into the broker world. In this review, we have attempted to collate a number of the important facets of both freetrade and ATFX. This review will help you to know whether either ATFX or freetrade is a good match for your investments or not. We've attempted to breakdown all the qualities and fees for your convenience.
Benefits of freetrade and ATFX Compared
freetrade has a minimum deposit of $0 while ATFX offers a $100 minimum deposit.
Why smaller minimum deposits are good and how freetrade and ATFX 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.
freetrade allows you to trade around 115 financial instruments whilst ATFX allows you to trade around 115 on their platform.
The more financial instruments you can trade on the freetrade and ATFX trading 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 never want to miss out on a trading opportunity due to the limitations of freetrade or ATFX.
freetrade and ATFX Contact Details
Being able to contact an online trading platform simply is a sign of a professional broker. freetrade and ATFX have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | freetrade | ATFX |
| Telephone Number | +44 203 488 2539 | |
| hello@freetrade.io | ||
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
| freetrade Twitter Account | ATFX Twitter Account | |
| freetrade Facebook Page | ATFX Facebook Page | |
| freetrade Instagram Account | ATFX Instagram Account | |
| freetrade LinkedIn Page | ATFX LinkedIn Page | |
| YouTube | freetrade YouTube Channel | ATFX YouTube Channel |
| Find Out More |
|
|
ATFX and freetrade 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 freetrade and ATFX will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
freetrade vs ATFX - Awards
|
|
||
|---|---|---|
| Broker | freetrade | ATFX |
| Awards |
freetrade have won several industry awards over the years they have been running as an online broker. We show the most notable awards for freetrade here.
|
At the time of writing this ATFX review, and despite ATFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
|
|
freetrade vs ATFX - Frequently Asked Questions
freetrade vs ATFX - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
ATFX was founded in 2014 and has its head office in Cyprus.
What is the minimum deposit for ATFX or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for ATFX is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and ATFX are a good choice.
freetrade vs ATFX - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
ATFX is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both freetrade and ATFX have a strong collection of rules for ensuring fair trading on their individual platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs ATFX Commission And Fees
freetrade and ATFX are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number 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 various services to make money. There are mainly three different types of penalties for this objective.
The first kind of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you're spending a spread, financing rate, or a commission. The kinds of trading charges and the prices vary 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. Financing or overnight rates are those who are charged when you hold a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither freetrade or ATFX charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees billed by freetrade and ATFX are comparatively greater. Consequently, you're billed more for non-trading activities in your trading account, like deposits and withdrawal. These are not about the sale and purchase of assets.
This freetrade vs ATFX review for 2023 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And ATFX
What Languages Do freetrade And ATFX Support?
Being able to communicate easily with your online platform is a key way of comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading forex.
Here you can find the languages that both freetrade and ATFX offer communication in.
How Many Clients Do freetrade and ATFX Have?
Both freetrade and ATFX are well known and trusted. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients freetrade and ATFX are active on their platform
What Payment Methods Do freetrade and ATFX Accept?
freetrade and ATFX 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 freetrade and ATFX
What Can You Trade With freetrade and ATFX?
freetrade offers 115 trading instruments and ATFX offers 57.
Below you will find a full breakdown of what both freetrade and ATFX offer.
Compare freetrade To All Other Brokers
Compare ATFX To All Other Brokers