freetrade vs AvaTrade, Who's Better?
Read our In-Depth freetrade vs AvaTrade Review - for 2023
This freetrade vs AvaTrade 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 AvaTrade 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.
AvaTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs AvaTrade
Every online trading system has a few pros and cons, and no freetrade and AvaTrade review would be complete without having a balanced approach. Compare freetrade and AvaTrade to understand how they line up against each other before you create 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 AvaTrade. Who is better in 2023?
This freetrade vs AvaTrade comparison contains the latest information so you can easily compare AvaTrade 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 requires expert assessing skills and comprehensive understanding. You will get adept at all the concepts of broker since you continue trading. For starters, you need to select the ideal broker who will be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and AvaTrade are two such stages that will take you and your investment into great heights. It's important that you compare freetrade vs AvaTrade until you trust them with your money.
Our freetrade vs AvaTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and AvaTrade side by side.
Our full freetrade vs AvaTrade Review covers all you will need to learn about trading using either freetrade or AvaTrade. A fantastic agent can multiply your initial investments and give you positive profits. If you would like to make profits, you should trade with a broker service that contrasts with your investment goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It's a frequent misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
freetrade and AvaTrade are both brokers which have found their way successfully to the brokerage world. In this review, we have attempted to collate some of the important facets of both freetrade and AvaTrade. This review will allow you to understand whether either AvaTrade or freetrade is a fantastic fit for your own investments or not. We've attempted to breakdown all of the qualities and fees for your advantage.
Benefits of freetrade and AvaTrade Compared
freetrade has a minimum deposit of $0 while AvaTrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade and AvaTrade 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 has around 115 financial instruments while AvaTrade allows you to trade around 115 on their platform.
The more instruments you can trade on the freetrade and AvaTrade 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 seriously do not want to miss out on a trading opportunity due to the limitations of freetrade or AvaTrade.
freetrade and AvaTrade Contact Details
Being able to contact a broker easily is important. freetrade and AvaTrade have the following contact details and social medias that you can use.
|Telephone Number||+44 203 488 2539||+353 76 680 3327|
|Address||68 Hanbury St, London, Greater London E1 5JL, GB||Ul. Postpu 15, Warsaw, Masovian Voivodeship 02-676, PL|
|freetrade Twitter Account||AvaTrade Twitter Account|
|freetrade Facebook Page||AvaTrade Facebook Page|
|freetrade Instagram Account||AvaTrade Instagram Account|
|freetrade LinkedIn Page||AvaTrade LinkedIn Page|
|YouTube||freetrade YouTube Channel||AvaTrade YouTube Channel|
|Find Out More||
AvaTrade and freetrade Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing freetrade and AvaTrade will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than 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 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 AvaTrade - Awards
freetrade have won numerous industry awards over the time they have been running as a financial broker. We show the most notable awards for freetrade here.
|At the time of writing this AvaTrade review, and despite AvaTrade’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
freetrade vs AvaTrade - Frequently Asked Questions
freetrade vs AvaTrade - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
AvaTrade was founded in 2006 and has its head office in The British Virgin Islands.
What is the minimum deposit for AvaTrade or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for AvaTrade is $250.
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 AvaTrade are a good option.
freetrade vs AvaTrade - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
AvaTrade is regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI).
Both freetrade and AvaTrade have a powerful collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare freetrade vs AvaTrade Commission And Fees
freetrade and AvaTrade 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 better. In other words, an online broker isn't necessarily influenced by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In such instances, you are spending a spread, funding speed, or even a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are those that are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your account. They're billed for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither freetrade or AvaTrade 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 lesser amount. This is beneficial for people who regularly trade, such as daily or weekly trading.
But, non-trading fees billed by freetrade and AvaTrade are comparatively competitive. As a result, you're billed more for non-trading activities in your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This freetrade vs AvaTrade review for 2023 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And AvaTrade
What Languages Do freetrade And AvaTrade Support?
Being able to chat completely with your trading platform is a key way of comparing online brokers to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading online.
Here you can find the languages that both freetrade and AvaTrade support.
How Many Clients Do freetrade and AvaTrade Have?
Both freetrade and AvaTrade are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers freetrade and AvaTrade are active on their platform
What Payment Methods Do freetrade and AvaTrade Accept?
freetrade and AvaTrade 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 AvaTrade
What Can You Trade With freetrade and AvaTrade?
freetrade offers 115 trading instruments while AvaTrade offers 250.
Below you will find a full breakdown of what both freetrade and AvaTrade offer.
Compare freetrade To All Other Brokers
Compare AvaTrade To All Other Brokers
freetrade vs AvaTrade:
Table Of Contents
- Compare freetrade vs AvaTrade
- Benefits of freetrade and AvaTrade Compared
- AvaTrade and freetrade Mobile App Comparison
- freetrade vs AvaTrade - Awards
- freetrade vs AvaTrade - Frequently Asked Questions
- What is the minimum deposit for AvaTrade or freetrade
- freetrade vs AvaTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And AvaTrade
- What Languages Do freetrade And AvaTrade Support?
- How Many Clients Do freetrade and AvaTrade Have?
- What Payment Methods Do freetrade and AvaTrade Accept?
- What Can You Trade With freetrade and AvaTrade?